GP is a fair comment, actually: nobody that knows anything about how risk works wants to see a returns number. If a fund doesn't backtest against IR, or penalize for volatility, it's not going to be getting significant investments.
315 karma · joined November 13, 2007
GP is a fair comment, actually: nobody that knows anything about how risk works wants to see a returns number. If a fund doesn't backtest against IR, or penalize for volatility, it's not going to be getting significant investments.
I remember the pain too, having written a lot, and in cursive, in school; I'm not saying it's easier to write a lot, just that I've heard and anecdotally observed that very young kids have motor skills that seem better suited to the continuous movement of joined-up letters.
> And every time I hear of a young child turned off writing because he lacks the fine motor skills needed to master cursive [...] I see [confirmation bias].
Sources: personal experience and anecdotes from teachers of 4-6 yr olds (an age range not given the most, if any, time in the article).
What is that reason? (Serious question)
Can't comment on the site itself, so: PEP 484 - Type hints ( https://www.python.org/dev/peps/pep-0484/#suggested-syntax-f... ) does suggest Python 2.7-compatible type hints, and PyCharm, and probably other IDEs, do support them (e.g., https://www.jetbrains.com/help/pycharm/type-hinting-in-pycha... ).
HKGers should check out DimSumLabs ( https://www.meetup.com/dimsumlabs/ ) as a really nice bunch (at least when I was there).
Sure. Now go get "transparent data"...oh wait, that's also time-consuming (and much less interesting). That's why, if one doesn't have to search for tradable data, it might be interesting to validate a signal/strategy on data that someone with stake says is tradable.
Agreed that if one starts making numerai money with numerai data, one should definitely go get some transparent data and start trading it. Trouble is, now one doesn't know what transparent data one has actually learned, so it's hard to know what to go and spend time on trading.
At that point, though, (I guess this is the theory, at least), numerai presumably know that one has a good signal, and one also knows one has a good signal for something, so both parties know that one's signals are valuable. That should be enough to get one a job at a place that does have good, transparent data.
Any tools you recommend, or is it all hand-rolled?
EDIT: Also "Abnormal Returns From the Common Stock Investments of Members of the U.S. House of Representatives" (2011) https://www.cambridge.org/core/journals/business-and-politic...
"by [critiquing an engineering formula] and submitting the critique [...] to members of the public" [...he...] thereby engaged in the practice of engineering [...] specifically, traffic engineering [...and thus] violated ORS 672.020(1), 672.045(1) and OAR 820-010-0730(3)(c)".
I agree his affirmative defenses are inadequate, but I'm not taking issue with the analysis of his defense. I simply am pointing out the justification used in Paragraph 14 is concerning. ORS672.005(1)(b) is way too broad.
[0] - https://www.scribd.com/document/346354146/mats4#from_embed [1] - https://www.oregonlaws.org/ors/672.007 [2] - https://www.oregonlaws.org/ors/672.005
If you're arguing the board doesn't actually think that's a violation unless one also said one is an engineer, great, I've never disagreed with that; but they explicitly said "because [action definition X] you are in violation" and [definition X] pointedly does not include saying anything but "here's a creative application of math and stuff".
1. not the part where he said "I'm an engineer" -- the other paragraphs deal with that
I mean, if he hadn't said he was an engineer to Licensed Engineers many times, I agree nobody would have bothered. But now that they've bothered, their justifications matter.
If the argument is "he said he was an 'engineer' and he isn't licensed", that's fine. And the Board's Final Report contains a lot of language establishing that, and for that he can be fined.
But the Board's Report goes out of its way to say that ORS 672.005(c) and ORS 672.002 define "practicing engineering" as quite close to just "calculating the hypotenuse of a triangle in public", and that just practicing engineering in this manner without registration is not allowed. Check Section 14 of the Final Report. It makes no reference to "purporting to be an engineer": it's "by [critiquing an engineering formula] and submitting the critique [...] to members of the public" [...he...] thereby engaged in the practice of engineering [...] specifically, traffic engineering [...and thus] violated ORS 672.020(1), 672.045(1) and OAR 820-010-0730(3)(c)".
That's not the only issue the Board said it had, and not the most important one at that:
> [...] you continued to use the title "engineer" in your communication with Board staff and, of more concern, are the documents you provided that indicate you may have engaged in unlicensed engineering work in Oregon.
(emphasis mine). It's the emphasized clause, and the Board's Final Report, page 6, Section 14[1], that is concerning: he's being punished mainly ("of more concern"!) for doing thinking and speech that, IMO, should not be prohibited.
1. https://www.scribd.com/document/346354146/mats4#from_embed