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kosmischemusik

49 karma · joined May 9, 2020

Unser Flug Durch Die Kosmische Musik
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kosmischemusik··on A replacement for IBM Watson personality insights API
Why are they sunsetting it?
kosmischemusik··on Show HN: Icebreaker Zoom Backgrounds for Standups
This is pretty cool. Trying it out at our standup tomorrow. Btw, we're users of your Slack games :).
kosmischemusik··on Ask HN: Team fun event ideas during WFH?
Hey, we found it on Product Hunt the other day and it's been super fun playing it. We loved the roasting game.

What other games do you have lined up?

kosmischemusik··on Ask HN: Team fun event ideas during WFH?
Spotted a game for Slack on Product Hunt the other day. We tried it out in our company workspace and it was quite fun. We loved the roasting game the most :D. Especially since our boss was playing and she was quite the sport.

https://bored.social/

kosmischemusik··on Show HN: Play Games in Slack
What sort of games do you have now and what other games do you have in mind?
kosmischemusik··on Could Netflix figure out who torrented their content? Steganography in Python
Really liked this because I've always wondered how one could watermark content to track who distributed content they weren't supposed to. Could understand a fair amount in my first watch even though I don't code (although I have learnt basic programming over a decade ago).

How could you do this keeping in mind compression?

kosmischemusik··on Manned fighter to face autonomous drone next year
The Tomahawk is intended for a single target whereas a drone would be able to have multiple engagements.

Further, the drone may not necessarily used for combat, it could be used as a decoy.

kosmischemusik··on Ask HN: What book/s have you read more than once?
The Outsider - Albert Camus Galapagos - Kurt Vonnegut On the Road - Jack Kerouac Animal Farm - George Orwell
kosmischemusik··on Ash HN: Suggestions for Good Resources for Investing
Most actively managed funds do not beat the index. For the average investor who doesn't have more than a couple of hours every week to figure out their investment strategy, just invest in indices. If you're in the US - the Nasdaq Composite or S&P 500. If you're in India, the Nifty 50 or Nifty 100. You can do this through ETFs.

However, it is not recommended you invest only in equity. Market crashes can result in your wealth eroding by 30-50% as seen recently and back in 2008. While it does recover in the long run, it is impossible to say how long a bear market will last which means your money will be locked in for quite some time. Further, your returns may not outperform inflation in a shorter time-frame. Also, if you have an emergency, the money is no longer liquid.

It is highly advisable to diversify your investment across asset classes. Having gold & fixed income (debt) in your portfolio will help protect during adverse market conditions and grow at a modest rate during bull markets. An example is this product which is available to investors in India: https://www.smallcase.com/smallcase/SCAW_0001. It is only an example to show you how asset allocation helps protect against market volatility/crashes.

I would highly recommend you read about portfolio construction using the core-satellite methodology. https://www.vanguard.co.uk/documents/adv/literature/client_m...

It would be wise to create an emergency fund for anywhere between 6-12 months as a separate thing.

Once you're more confident, start exploring niche indices; there are many ETFs. For example, the Bessemer Emerging Cloud Index has performed extremely well since March. An astute investor would have realized that people locked-in and working remotely would result in an increase in productivity apps, video content consumption etc. These rely on cloud platforms for hosting and delivery. One would have invested in it and made some pretty good returns. An investment on March 1st would be up 21% compared with 4% in Nasdaq Composite.

But this requires you to keep an eye on what's happening in the world and being able to interpret it. There aren't shortcuts to this.

But to get started with, you can start learning about the basics of business & economics. This might help: https://learn.tickertape.in/

A very comprehensive resource for learning about investing can be found here: https://zerodha.com/varsity/ (there's a lot of modules on trading, ignore if you don't want to trade. Do modules 1, 3 & 11).

Happy learning :).

kosmischemusik··on Tell HN: I'm launching a product the “right” way
The capital markets in India (and elsewhere in the world) is highly regulated. It will take you at least a year to get a brokerage licence.

How do I know? I work in the space. It is dominated by traditional brokerages who are now facing the heat from discount brokerages, the largest of which is Zerodha.

In order to make any real money, you'll need to operate at scale. The cost of customer acquisition is very high and the average revenue per user very low which makes it impossible to get far without raising significant money. There are enough quality brokerages in the market and I don't see VCs backing another one.

I'm only sharing my insights, not discouraging you. But I'd highly recommend you look at building something with lesser regulatory overheads. You could even explore building on top of the brokerage layer - Zerodha has exposed their APIs and a number of startups have been built on this.

kosmischemusik··on How a lazy bitch like me learned to be productive
I've been trying to build habits forever. The problem is I try to do too many things at once - exercise, get more sleep, read more, write, study.

As much as I know that habits need to be stacked, I just can't get myself to be patient and do one thing at a time.

kosmischemusik··on India’s contact tracing app is going open source
Unfortunately, until the server-side code is also open-sourced, it would impossible to say what anyone does with the data stored on a centralized server.

This is the first step toward making things transparent.

kosmischemusik··on Ask HN: What tools do VCs need?
1. Discovery: Product Hunt, Angelist, Mattermark etc

2. CRMs: There is a CRM built specifically for VCs - Affinity. But Salesforce, Hubspot etc would also work.

3. Portfolio Management: Carta

I'm definitely missing a lot of tools and stages. Hope others can fill the gap.

kosmischemusik··on Ask HN: Do you think you have an actual novel idea?
It's quite alright to no have a 'brand new idea'. It's near impossible to have something that is a truly novel idea unless it's something that will be discovered or invented far out in the future.

The process of creation is what matters as much as the end creation. During the process, you have had a great learning experience. This will help you go on and build new ideas. In the end, almost everything in the world today is built by stacking on knowledge of the past.

kosmischemusik··on India’s contact tracing app is going open source
You're spot on. I've seen a lot of folks talk about how the government rushed into putting out the app without having an open consultation with technologists. Rather, a closed-door discussion with a vague set of "industry players".

Nonetheless, this is the first step the government has taken. Let's hope continued pressure will result in audits and better protocols in the future.

kosmischemusik··on India’s contact tracing app is going open source
While the source code will be open-sourced, the fact that data is being stored in a centralized server is still worrisome.

There was no fake news. The topic was debated, discussed, in the public domain.

kosmischemusik··on 100 startup ideas, from VCs and Founders
It would be very hard to do something like that to startups that aren't 'structured', unlike code.

But there would definitely be a lot of value in having a wiki if dead startups with detailed analyses of what worked and what didn't.

kosmischemusik··on Asian and African super apps are following the playbook WeChat originated
In India, there isn't a super app just yet although there are multiple players trying to build it. Paytm: Alibaba has invested PhonePe: Acquired by Walmart (along with Flipkart)

Google Pay has opened its platform to select companies to offer their services: food ordering, investment products etc

Facebook invested in India's largest telecom network Jio (owned by Reliance which is India's largest listed company) and there are indications that they are building a super app with OTT, e-commerce, grocery etc as offerings.

kosmischemusik··on John Peel Sessions
You're right. For example Nirvana became mainstream in 1991 with Smells like Teen Spirit. The happened to do a session in 1990. Pretty sure it contributed to their eventual success.
kosmischemusik··on John Peel Sessions
If found The Chills, Kiwi-pop band, had done a session. Would have loved to have heard a session by The Clean, Roy Montgomery and a few of the other Flying Nun label artists.
kosmischemusik··on John Peel Sessions
Suggesting some of the not-so-popular bands that were invited to John Peel's sessions.

If you're into psychedelic, space, stoner rock, shoegaze, noise rock etc, check out Bardo Pond, Bailter Space, Band of Susans, Lush, Loop, Sonic Youth, Spiritualized, Stereolab, The Brian Jonestown Massacre, The Jesus and Mary Chain, The Jesus Lizard, My Bloody Valentine (missing from the list)

Some other interesting bands: Broadcast, Galaxie 500, The Chills.

And of course there were a ton of popular bands worth checking out.

kosmischemusik··on Ask HN: How much focus does Google still put in improving search?
A lot. I came across an article which points to Sundar Pichai having said over a thousand engineers work on core search but didn't go into details of what constitutes 'core search'. https://www.seroundtable.com/google-thousands-working-core-s...

For reference, search Ads pulled in $24.5B (60% of total revenue) as per the Q1 2020 earnings call.

kosmischemusik··on Hello, World – Zerodha, India's largest stock broker
Love what Zerodha has built. By opening up their platform they've allowed multiple startups to mushroom. As you pointed out, smallcase is one of them (I work there).

Thought I'd point out that Zerodha Coin, Groww allow for investing in direct mutual funds. On the other hand smallcases are quasi-ETFs. Basically a smallcase is a basket of stocks tracking an idea, theme, strategy, model.