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cujic9

276 karma · joined October 5, 2017

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cujic9··on White House Chief of Staff's phone has been compromised for months
More discussion: https://news.ycombinator.com/item?id=15413194
cujic9··on John Kelly's phone was breached as early as December
I feel like this is fairly innocent -- just another tech-illiterate old guy befuddled by all this whizbang technology.

And that's worrying. We need to raise our expectations for our leaders, especially those with high security clearance.

Seems like there should be some kind of "digital maintenance and security" primer before receiving access to national secrets.

cujic9··on A Social Network Doling Out Millions in Ephemeral Money
I expect that establishing an extrinsic reward (ie: money) will be hugely demotivating and actually diminish activity. Social media become a lot less fun when an hour's worth of effort "earns" you $0.07.

Also, they should expect a tidal wave of bots and fake content. Think about the mess Twitter is in, now add a straight path to cash.

cujic9··on Puerto Rican Hospitals Battle Life and Death Daily
Hopefully your last point gets remembered at upcoming elections.
cujic9··on ‘Mind-Boggling’ Math Could Make Blockchain Work for Wall Street
I can't decide whether this is a) good marketing by the Ethereum foundation, or b) Bloomberg waving the crypto flag to attract eyeballs.

In either case, zero-knowledge proofs, while necessary for putting trades onto the blockchain, are only one of many, many, many issues to solve before it happens, if it ever happens.

cujic9··on Even God Would Get Fired as an Active Investor (2016)
I'm making the point that these two optimizations should be fairly similar, but they are not.
cujic9··on Every incoming freshman will get an iPad Pro at Ohio State
I'm not convinced that these "computers in the classroom" programs actually help students learn.

Computers are a great lever for amplifying effort when producing something (ie: a "bicycle for the mind").

But technology is just too seductive of a distraction when trying to learn.

Plus, tablets are not even computers. They are built for consumption, not production. They aren't even good for note-taking.

cujic9··on Even God Would Get Fired as an Active Investor (2016)
Probably not a surprise, but this also applies to value investing.

If you construct a perfect portfolio using god-like knowledge of a company's performance as measured by future free cashflow then you will also have drawdowns and down years.

Makes you think about how the market has mutated from its original purpose over time.

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