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totalZero

6,875 karma · joined September 5, 2016

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totalZero··on Twitter/Apple spat should prompt Musk to cut debt
https://archive.ph/ZQLMC
totalZero··on Yellen says she ‘misspoke’ in playing down chance of Twitter deal probe
https://archive.ph/N1VJ9
totalZero··on Hacking contest for teens in Europe gives 4.096€ reward
> The first six places will be awarded cash between 4.096€ and 1.024€ each.

Is that a lot?

totalZero··on How the Collapse of Sam Bankman-Fried’s Crypto Empire Has Disrupted A.I
Tethics.
totalZero··on TSMC to make 4nm chips in Arizona for Apple, AMD, Nvidia
We are headed to a regime where more redundancy has to be baked into the fabbing business so that Taiwan can go offline (if/when China invades) without making phones and computers and datacenters completely un-upgradeable.
totalZero··on TSMC to make 4nm chips in Arizona for Apple, AMD, Nvidia
Apple spent something like a half-trillion on share buybacks. They could have averted this crisis a decade ago by thinking strategically. They didn't. Why give them credit where little or no credit is due?
totalZero··on TSMC to make 4nm chips in Arizona for Apple, AMD, Nvidia
Intel is making the right capex moves to position itself for a future situation where Taiwanese production could get interrupted. Intel is right alongside TSMC and Samsung at the leading edge and it would be an exaggeration to suggest otherwise. Marginal differences in road map and quality over the short term don't tell us the full picture in a business where course-corrections take years and years to bear fruit.

20B in Ohio: https://www.intel.com/content/www/us/en/newsroom/news/intel-...

20B in Arizona: https://www.intel.com/content/www/us/en/newsroom/news/intel-...

totalZero··on FTX’s collapse was a crime, not an accident
Not to mention that his kimchi spread origin story is based on an arbitrage.

How could it be possible for an arbitrageur to not know the difference between entity A and entity B?

P&L up/downs and internal funds transfers are an essential part of running that kind of business. You can't sell something in Asia and simultaneously buy it in the US without thinking carefully about how you finance your trading activity.

totalZero··on FTX’s collapse was a crime, not an accident
Elapsed time between crime and capture might be a good regressor.
totalZero··on FTX’s collapse was a crime, not an accident
Smart or not, he clearly made some unethical choices.

Compared to the alternatives, Jane Street doesn't exactly select for street smarts. (Nor does MIT, to be frank.)

Sam Bankman-Fried's statement to Tyler Cowen that he will take any positive-EV bet regardless of the standard deviation of returns, sounds more like a learned-by-rote answer to an on-campus trading interview question rather than a core tenet of a trading philosophy. Professional traders at major institutions (including Jane Street) care about things like Sharpe ratio, value at risk, and position sizing. Not to mention that Jane Street asks Fermi questions in their interviews. I wouldn't be surprised if the average MIT senior with three or more trading offers could proffer the same kind of demonstrations/responses as what you describe.

totalZero··on FTX’s collapse was a crime, not an accident
He's already fuxx0red so getting in front of the media and trying to humanize himself while controlling the public interpretation of what happened is perhaps the only way to avoid getting continually pilloried. I think this is a thought-out move...his parents are law professors. It's not a Shia LaBeouf type of self-flagellation, I don't think.

One thing I learned from the Martin Shkreli saga is that, if the people hate you enough for something atrocious that is technically lawful, the government will poke holes in you until they find something not-atrocious that is clearly unlawful. There's probably value in winning the public over, even if they don't technically have a say in the legal proceedings.

totalZero··on FTX’s collapse was a crime, not an accident
My sense is that Matt Levine writes about Sam Bankman-Fried with an unusual amount of empathy considering that he is a professional journalist.
totalZero··on An extensive tutorial on how to setup a Pi-Hole
I use a big one (think CyberPower and APC) for a small collection of devices including some network hardware. Smaller ones from those brands or AmazonBasics cost around 50 bucks, battery included. I tried a UPS hat, which would have been the most clean-cut solution, but it failed and the battery bloated.
totalZero··on Huawei phones automatically deleting videos of the protests?
Protests have been around for far longer than AirDrop has existed. It seems AirDrop was being used to share posters and slogans and perhaps some basic information, not as some kind of instant messaging app. If Chinese iPhone users are anything like American iPhone users, I'd guess that most wouldn't want to receive a ton of iPhone notifications for unsolicited content.
totalZero··on Huawei phones automatically deleting videos of the protests?
I agree with your stance. Lawlessness is rarely a convincing argument. There is also a moral basis for respecting the local laws and regulations; the debate over whether to follow so-called immoral laws is a complicated one, but the biblical stance is credible in the hearts of many people:

  Let everyone be subject to the governing
  authorities, for there is no authority
  except that which God has established.
  The authorities that exist have been
  established by God. [Romans 13:1]
This doesn't mean one should necessarily treat the law of the land as perfectly moral (eg MLK Jr), but lawfulness and a respect for order will serve to elevate arguments against the established practices. I believe that Apple has more influence in China when the Chinese authorities view their company as respectful and cooperative.
totalZero··on Ask HN: Which books have made you a better thinker and problem solver?
Anyone who works with other human beings can make improvements to his/her professional interpersonal skillset by reading Influence by Cialdini.
totalZero··on Ask HN: Alternatives to The Economist?
I follow Nikkei very frequently for tech news and I enjoy Barron's for market viewpoints.

My view is that Western Europe has become less relevant to North American culture, technology, and finance over the past five or so years. Latin America and Asia are now far more relevant to North American life and the future thereof.

I share your thoughts about the Economist and I feel it has gone downhill. I wonder how much of that is due to the cultural and economic decline of the UK and the public narrative shift accompanying that decline. Brexit brought some very unsavory and counterproductive sentiments to the fore.

totalZero··on Sam Bankman-Fried Set to Speak at NYT DealBook Summit on Wednesday
https://archive.ph/egd3f
totalZero··on Apple Could Face 10% Hit to iPhone Production on Foxconn Disruption: Analyst
https://archive.ph/uYFAT
totalZero··on BlockFi files for bankruptcy as FTX fallout spreads
It's more complicated than that though.

Alternative "assets" like crypto gained more credence when rates were low. Bond returns in such a regime were not attractive, equity markets rallied to elevated levels, and there was little incentive for debt issuers to use free cash to pay down debt that could be rolled out into perpetuity.

The Fed essentially held the cost of money near zero and that had far-reaching effects.

totalZero··on An extensive tutorial on how to setup a Pi-Hole
No, but it reduces the % of your bandwidth that gets used for loading ads and other junk that clutters and/or slows down your internet experience.
totalZero··on An extensive tutorial on how to setup a Pi-Hole
The easiest solution for 90% of unexpected rPi power-down cases is a small uninterruptible power supply.
totalZero··on Musk draws GOP support after claiming Apple threatened to ban Twitter
From Rep Buck's Twitter:

  This is why we need to end
  the App Store duopoly before
  the end of this year. No one
  should have this kind of
  market power.
https://twitter.com/RepKenBuck/status/1597309680497217536

How is it anticompetitive if Twitter can be accessed from the web?

totalZero··on Sony to supply Apple with advanced image sensor for next iPhone
https://news.ycombinator.com/item?id=33778218
totalZero··on Tell HN: Please stop using the IP addresses as some kind of human score
What do you mean by "better realisability"?
totalZero··on The State of the Transistor in 3 Charts
IEEE doesn't mess around. The charts in this article are awesome.
totalZero··on U.S. bans equipment from Huawei and ZTE, citing national security concerns
I think some information is lost in the comparison between fighter aircraft and home security cameras.
totalZero··on U.S. bans equipment from Huawei and ZTE, citing national security concerns
The order is almost 200 pages long but it states that it prohibits "marketing and importation" of the devices in question, among other prohibitions for equipment authorization going forward.
totalZero··on Sam Bankman-Fried Has a Savior Complex–and Maybe You Should Too
> A company that slowly goes to $0

Either way, the forward is 0. I'd rather see a company run itself aground by paying its employees and slowly bleeding money than to see it fail due to mis-valuation of its holdings. The former is unfortunate, but the latter is an embarrassment for all stakeholders.

totalZero··on Berkshire Hathaway bought a $4.1B stake in Apple chipmaker TSMC
Digitimes estimates put mediatek in second place.

https://www.digitimes.com.tw/tech/dt/n/shwnws.asp?cnlid=1&id...

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