371 karma · joined May 2, 2012
Interesting, this is a _feature_ of poker games like Texas Hold'em. If the losing players didn't go on convincing winning streaks, they'd stop playing. And those winning streaks can convince them they don't need to learn anything else about the game in order to be a winning player.
That sounds very easy, honestly.
So I disagree that "If you're dreading equity drawdowns, that's what fixed income is for" is absolutely terrible advice.
That is, both are true: this high-fidelity simulation is valuable and it won't catch all failure modes. Or in other words, it's still on Waymo for failing during the power outage, but it's not uniquely on Waymo's simulation team.
But I don't think I'm willing to give up fully automated data refreshes at this point. I have too many accounts to track.
Pimsleur's implicit way of teaching grammar works well for me for the most basic stuff, but as it gets into more nuanced grammar, it gets a bit less helpful for me. It also feels less magical to me once it gets past the first couple hundred words.
Edit: On further reflection, I suppose he didn't, if we consider the effort to span Gödel Escher Bach and I Am a Strange Loop.
I remember going to Moulin Rouge without knowing it was a musical!
But clearly it is not publicly available or audited.
I have my doubts about pulling it off as he describes, though. It depends on two streams of water flowing out of angled pipes such that such that when they both flow, they collide and combine into one stream falling straight down. That seems pretty finicky to get right.
Edit: Someone did it! The AND gate worked great, the XOR not so much. So they made it out of greedy siphons instead: https://www.youtube.com/watch?v=IxXaizglscw