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HockeyPlayer

1,176 karma · joined August 5, 2009

hockeyplayer472012-HN@yahoo.com
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HockeyPlayer··on Ask HN: Any hardware startups here?
How do these compare to the Luxonis cameras? https://www.luxonis.com/
HockeyPlayer··on Ask HN: Sales tracking and inventory management tools?
a couple person startup seems like a risky bet
HockeyPlayer··on Request for Startups: Climate Tech
> In the not-too-distant future, vehicles will charge when excess solar is available

Emporia Energy's smart EV charger can already do this. So can our $9 smart plug. Disclosure: I work there.

HockeyPlayer··on Launch HN: Cerrion (YC S22) – Computer vision to reduce production line problems
What camera hardware are you using? https://www.luxonis.com/ might be an interesting option.
HockeyPlayer··on Uber, DoorDash and similar firms can’t defy the laws of capitalism after all
In Mexico last week an Uber was twice the cost of using inDriver. Our driver reported Uber taking 50% of the fare which is why so many users and drivers had switched to inDriver.
HockeyPlayer··on Ask HN: What passive income investments exist to supplement your salary?
You are correct that an ETF can provide similar exposure with much better liquidity (ease of getting in and out).

A few possible reasons to go private: a) smaller and more entrepreneurial operators can produce better returns b) capturing the illiquidity premium.

HockeyPlayer··on Ask HN: What passive income investments exist to supplement your salary?
Buying real estate for short-term or long-term rentals is buying yourself a second job.

If you want something more passive, consider investing in several different real estate syndications. You can find them on CrowdStreet or FundRise although I believe you will get into better deals if you join a local investor group and learn from the experienced members. If there isn't a group near you, I'm enjoying participating in www.506investorgroup.com

This style is probably only practical if you already have a net worth of at least $1m. The best book I've found is Investing in Real Estate Private Equity by Sean Cook.

I think it is reasonable to expect a diversified portfolio of real estate syndications to return 10-15% annually although it will be bumpy and your money will be locked up for years.

HockeyPlayer··on GameStop Is Happening Again
The March 19th calls are at 500% volatility. I couldn't help it, I sold a few contracts of the 200 strike. The trading activity was wacky, every time I joined the option offer I got lifted within a minute.

I do not encourage anyone else to do the same. My risk tolerances are different from yours.

HockeyPlayer··on Ask HN: Who is hiring? (October 2020)
Where did the list of acceptable remote states come from?
HockeyPlayer··on Ask HN: How do you mantain your current lifestyle in times of big income?
Start a weekly or monthly investment in a Vanguard index fund of most of the extra. Leave yourself a bit, you've earned it.
HockeyPlayer··on Can a Machine Learning Model Predict the SP500 by Looking at Candlesticks?
Using RMSE doesn't make sense to me, your losses are linear to how wrong you are. Shouldn't the error just be how far off you were?
HockeyPlayer··on Worries Grow That the Price of Bitcoin Is Being Propped Up
A poster just above reports being unable to short USDT on Kraken, so that market may not be reliable.
HockeyPlayer··on U.S. Regulators to Subpoena Crypto Exchange Bitfinex, Tether
How trustworthy is Kraken?

Tether looks like a good short since if it is a fraud it will go way down and if it isn't a fraud it will stay right where it is.

I'm in the US and would like to short Tether. But I want to get paid if I'm right.

HockeyPlayer··on Anthony Levandowski, self driving car whiz who fell from grace
Do you really know a number of highly paid traders who don't make money for their employer? I run a trading group and that is pretty unusual.
HockeyPlayer··on Ask HN: Library recommendations for a Client / Server project (all Java)
We are all experienced Java programmers who don't know web programming. (we are an HFT shop finally getting around to expanding the primitive GUI that controls the trading machines; we have been using Excel for 10 years).

All the clients are running in our Colorado office and we can upgrade them at will.

I think JMS or similar would probably work very well but we don't know messaging so we are having trouble knowing how best to use it.

HockeyPlayer··on Tax Plan Punts on a Loophole for the Wealthy
Gary Cohn (Trump's chief economic advisor) recently said, "Only ‘Morons’ Pay the Estate Tax" : http://nymag.com/daily/intelligencer/2017/08/gary-cohn-only-...
HockeyPlayer··on Machine learning predictions for QM eMini Crude Oil
A strategy that goes long or short QM doesn't have an asymetrical return profile. I.e., it isn't "picking up pennies". An example of that is selling options.
HockeyPlayer··on Why American Workers Pay Twice as Much in Taxes as Wealthy Investors
> But as you age you'd want to shift into less-risky assets

Not if you are wealthy. If your money might not last you have to shift to conservative assets. But if you have 10x what you need for the rest of your life you can keep investing aggressively.

HockeyPlayer··on Ask HN: With 2 years and no obligations, what would you build?
An app and supported web-service to report polluting vehicles. Camera access to take a picture, then license plate recognition and automated reporting to the correct government agency.
HockeyPlayer··on MIT’s gas-powered drone is able to stay in the air for five days at a time
SkyFront (https://skyfront.com/) builds hybrid drones than fly 10 times as long as battery only drones.
HockeyPlayer··on Ask HN: What primarily drives you upvote something on HN?
Hoping for interesting comments from readers
HockeyPlayer··on Wells Fargo Is Accused of Making Improper Changes to Mortgages
While it sounds like the op is joking, a friend of mine recently researched online banks and recommends Goldman Sachs Retail Bank as a good choice. Similar offerings as Ally.
HockeyPlayer··on Paul Buchheit on Lessons Learned from Investing in 200 Startups
But if targeting a small exit doesn't allow for investors that means individuals trying for small exits won't find investment.
HockeyPlayer··on Ask HN: How liquid is Bitcoin?
> one trade with <5% slippage

5% slippage is huge. That is $50k on this $1m trade.

HockeyPlayer··on Ask HN: How do you invest your money?

  Vanguard index funds & Berkshire Hathaway 
  LP real estate investing
  AngelList and VC
If you are new I'd recommend Arcten's Three-fund approach and don't forget to rebalance annually.
HockeyPlayer··on Ask HN: What are the most important problems in your industry?
I run a quant/hft trading group. We need to know what the margin impact of our position will be. We use a tool from CME called PC-SPAN. The various factors that impact margin change during the day as prices change. I'd pay for a SAAS where I upload a position and get lots of useful margin reports back. We have built some of this but it is a distraction.
HockeyPlayer··on World’s richest doctor gave away millions, then steered the cash to his company
Not the GP, but it isn't uncommon for a large donor to have an opinion about a staff hiring decision. They could easily say, "I'll pay that salary if you hire X"
HockeyPlayer··on Ask HN: If you were to switch career, what would you do?
Can you tell us more about the training and experience required to be delivery crew?
HockeyPlayer··on Ask HN: FPGAs for a small trading group?
As far I understand it, FPGAs are used in trading for their low-latency response. It is hard to respond in software much faster than 5 us, even using kernel bypass, etc.
HockeyPlayer··on Ask HN: Where is AI/ML actually adding value at your company?
Our low-latency trading group uses regression widely. We have experimented with more complex models but haven't found a compelling use for them yet.
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