88 karma · joined August 23, 2017
With that out of the way, obviously no one except those who work for them knows what they actually do. What we do know for sure if that they are highly levered, use an entirely systematic/algorithmic investment process, and do a shit load of trading. So even if they don't earn a lot on each trade, they do so many that are just barely profitable and highly levered that it ends up being a lot of money.
I repeat: It's comparing a stock and a flow. You cannot compare a stock and a flow because they are different units. 103bn per year vs. 103bn as a volume of wealth. You could compare 103bn to the wealth of a country. Or you could say that it is equal to N empire state buildings, or a number of dollars that goes around the world X times. But if you compare it to GDP, then you're not comparing apples to apples.
They are basically proposing to re-define epidemic. Traditionally, an epidemic is the rapid spread of something, usually a disease but not necessarily. Alcohol and tobacco have already rapidly spread. There's nowhere else for them to spread.
My problem was that I couldn't identify the coefficients. So for instance, the first principal component could be [x, x, x, ...] or [-x, -x, -x, ...] and the result would be some bimodal distribution. So if you placed restrictions on the first PC it would work (like only positive), but those restrictions may not make sense for the next PCs.
A cursory skim suggests that it is much faster than Stan, but I suppose the more significant question is if it provides the correct results. Stan might take longer, but I'm usually pretty confident that with some simple diagnostics I can see whether the results are what I really need.