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mmmrk

223 karma · joined December 28, 2018

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mmmrk··on Generalized Dollar Cost Averaging
Having recently finished N. N. Taleb's "The Black Swan", I am now wary when I see Gaussian distribution concepts applied to the stock market. The numerical study code seems to use `std`, as in standard deviation, unless I'm misunderstanding something? That assumption would make the code (and entire idea?) useless, because markets do not appear to be Gaussian?
mmmrk··on Signal community: Reminder: Please be nice
I don't see GNOME devs going around asking people to use it? And you can do what you want on a piece of software and still have it be a "serious tool". I don't see a contradiction.
mmmrk··on Signal community: Reminder: Please be nice
> The maintainer is expecting attention and users

Do they? The projects I maintain I do so for myself and work.

> By alerting the maintainer to issues, I would be helping them

Do you? I need to weight the time and effort to understand your issue against my potential gain from it.

> The nuclear option for a maintainer is to completely ignore the user base whose attention they need

Odd, I don't need attention for my projects.

> as if owing was any part of any of it

You explicitly spell out that maintainers owe user listening to them and helping them for their "free labor".

> But wouldn’t we hope the social contract in FOSS has a higher standard and people try to both give and receive reasonable feedback, and people try, at least, to consider users’ needs after users have invested attention, word of mouth review, effort on bug reports

If said users indeed invest quality time and I as a maintainer feel like their presence enhances my project, sure, giving and receiving is a good idea! Now, we both know how often that happens :)

mmmrk··on Signal community: Reminder: Please be nice
1. Nothing, because the maintainers have the last say because it's their time and they don't owe anyone anything

2. "Aight I step up to maintain the feature"

I seriously don't understand the expectant attitude of some users. You get what you pay for.

mmmrk··on Signal community: Reminder: Please be nice
If you ever wonder why GNOME devs seem so hardnosed on issue trackers, just read comments by people demanding that they implement things users have been wanting for years :)
mmmrk··on CentOS Linux is dead–and Red Hat says Stream is “not a replacement”
I cannot comment on the soundness of the decision, but what was the deal with the community here? I can for example see that Debian is community driven with all the advantages and drawbacks that come with this, but was CentOS ever more than a relabeling of RHEL RPMs in the hopes that people would pay for RHEL eventually? I just don't see why anyone can demand anything (not even promises) from RH here.
mmmrk··on CentOS Linux is dead–and Red Hat says Stream is “not a replacement”
I don't use CentOS, but the negativity around this both surprises and does not surprise me.

CentOS seemed like a way to get RHEL for free, lots of people jumped on that and suddenly, when it's no longer free, they throw a tantrum (my favorite: "they betrayed the community"). This strikes me as both ridiculous and just the way FOSS works.

mmmrk··on Signifier – a Brutalist response to 17th century typefaces
That's a separate concept, he probably means ink traps and optical size adjustments.
mmmrk··on Ride through Wuppertal on ‘the flying train’ in clear footage from 1902
And just 20 years or so later, many of the kids in the video would probably be dead :(
mmmrk··on PDF: Still unfit for human consumption, 20 years later
The article deeply resonates with me. I have been annoyed so often by a website splitting content into PDFs that would have been perfectly fine as HTML. I suppose this happens because the content department makes nicely (sometimes) layouted documents first to print and give someone to review _and then_ someone decides to throw them up on the website as an afterthought.
mmmrk··on Gold price rises above $2k for first time
It's no different until raiders show up at your door. Your million dollars can be stored in assets outside your home.

Also, IIRC, gold quickly lost its trading value in post WW2 Germany because, uh, you couldn't eat it.

mmmrk··on Bogleheads
> If you were retiring in 2008, you might not be able to keep averaging with the market, even if you had the stomach to do it.

That is why you need to risk-adjust your portfolio before you hit retirement and see to it that you have other assets to fall back on in case of market implosions. Landing in a ditch with your stocks as the only possible income during 2008 means your assessment of your risk tolerance was wrong and you found that out the hard way. Staying in stocks means accepting the risk that things go south in exchange for high potential returns. As we saw, the markets climbed back (I think the average is 2-3 years of misery in past crises before it gets back up) and had a 10-year bull run before Corona hit.

A fully paid off house can help sit out crashes, too, sure. Investing in stocks while still paying your house off, well... some people like to live on the edge :-)

> Time in the market is still timing the market.

No. Timing the market is making decisions in between about getting in and out for other things than rebalancing, adjusting your risk or for some rational tax purpose.

mmmrk··on Bogleheads
And on other dates, it was not $773. So what? Long term, the world market (more than the US) historically averaged to 6-8% growth p.a. with dividends before inflation iirc, and the last 120 years were certainly no walk in the park for the world. If you look at the MSCI World in the past 30 or 40 years, you would have made no loss in any time window if you bought and held at least 15 years. The key is time in the market. 12 years isn't much. Think 20, 30+ or until you die. Psychological pain in downturns is the price you pay for far superior returns in the long run to any other asset class.

Switching between VTI and single shares is market timing and therefore gambling. If you want to reduce the maximum drawdown, ramp up the allocation of less risky assets like bonds or cash on a savings account.

mmmrk··on Bogleheads
> "you can't beat the market"

You can, but not consistently according to the Efficient Market Hypothesis. If you are referring to e.g. factor investing, that's not "beating the market" in the traditional fund manager way, just holding it differently and taking more systemic risk for a higher potential upside (if the factor is indeed based on risk and not irrationality of market participants).

> And best of all, with zero commissions, super tight bid-ask spreads, and easy to access APIs, "quant-lite" investing is more accessible than every before.

I'm conservative here and would wait 10 years before jumping on some fancy new technique to make more money. Why? Because fin history is littered with fancy new ways of making money that primarily made the manager money. Any real advantages are going to be quickly taken up by competing money makers anyway.

> In conclusion, every portfolio is an active portfolio, from deciding a equity/bond ratio, to investing in real estate, to deciding to buy some TSLA. It's all the same, so stay away from any dogmatic approaches to investing

This is dangerously wrong advice. "Passive investing" in the Bogleheads sense and choosing e.g. a equity/bond ratio is based on science and 120+ years of available data (Efficient Market Hypothesis, Modern Portfolio Theory), buying TSLA is not. Real estate is a very mixed bag (for US research, see e.g. Beracha et al. 2012 "Lessons from over 30 years of buy versus rent decisions" in Real Estate Economics Vol 40 No 2, and https://www.prnewswire.com/news-releases/house-of-cards-morn...).

Conclusion: the "dogmatic" approach is absolutely the right thing for 99% of retail investors to follow.

mmmrk··on Recursive, a free variable font for code and UI, now on Google Fonts
Maybe it helps to set the OVERLAP_* flags as described in the glyf table spec?
mmmrk··on Robinhood and How to Lose Money
You invest into something like the S&P 500 (maybe better: MSCI World/FTSE Developed World) precisely to outrun inflation. In the OP's example, the million would be worth that million, not 300k. Look up compound interest.
mmmrk··on An Introduction to Variable Fonts (2019)
Adobe apps don't need a STAT afaik, Microsoft apps do.
mmmrk··on An Introduction to Variable Fonts (2019)
They should show up with their individual styles, but you can't variate them. They need to contain a STAT table to work on Windows though.
mmmrk··on Appeal for volunteers in UK to be tested for COVID-19 to see how widespead it is
Thanks. It's just weird that I can't easily find it by googling. Or maybe I'm doing something wrong...
mmmrk··on Appeal for volunteers in UK to be tested for COVID-19 to see how widespead it is
Umm.. So I'm trying to find out if this survey is legit and I can't find a mention of it on https://www.research.ox.ac.uk/Area/coronavirus-research or by googling "onlinesurveys coronavirus-disease-covid-19-in-the-uk-community site:ox.ac.uk"?
mmmrk··on London's rental market: where $2k a month gets you a bed beside the toilet
[The following is a rant] I've been living in London for 2 years now and I find the city dreadful. The quality of housing is usually well below the standards I'm used to from Germany (I won't start on the pricing), but what really bothers me how decrepit everything is. I was looking to rent in the area south of Brixton and frequently felt like I was looking at trash heaps with a roof and flatmates. Sometimes there was a permanent garbage dump on the front porch or something?! I now live in something resembling modern construction, that was however cheaply built and has thin walls and lacks thermal insulation in my bath, so I have to keep the door closed when it's cold outside. I "only" pay 900 GBP to live with two flatmates, which is OK for London I suppose. I have this nagging thought in the back of my mind to brexit at some point...
mmmrk··on The boss who put everyone on 70K
Persecution can take more forms than law enforcement.

Maybe one day you'll come around to the idea that feminist ideas are valid without feminists being put into jail.

mmmrk··on Google Fonts Analytics
For some anecdata, compare the file sizes in the latest Cantarell release tarball from the GNOME FTP server.

The compression ratio varies depending on how the variable font was made though. E.g. Noto Sans clocks in at 1.5 MB because it is made from 8 masters for two axes. Reducing it to 5 masters results in a 900 KB binary.

mmmrk··on Enumerating Core Undefined Behavior
I don't know why, but I immensely enjoyed the use of that single emoji in the opening paragraph.
mmmrk··on Bug #915: Solved
It seemed unclear that the patch addressed all the issues raised in the ticket, and looking at random patches still requires dev time. It is a different story when someone else actively works on getting it upstreamed and working on resolving any issues. It's about who volunteers to do the hard work.

Given that no one stepped up to do it yet and random users chimed in with aggressive and/or unhelpful noise, locking the issue was adequate.

I find it concerning how much abuse GNOME devs get, and I can completely understand that they respond like this.

mmmrk··on Bug #915: Solved
My impression is the opposite: random users demanding that some devs spend their time on a tricky corner issue and getting angry about it. After reading their comments, I'd be very hard pressed to motivate myself to work on it.
mmmrk··on 37-Year-Old Mom Spent Seven Days Online as an 11-Year-Old Girl
Why do you want to worry?
mmmrk··on Firefox 71: A year-end arrival
My favorite feature is enabled subpixel positioning of text on Linux. Gives text a more evenly spaced look.
mmmrk··on AMD Ryzen 9 3950X Review
Reputation is not an objective measure.
mmmrk··on Recursive Mono and Sans, a free variable type family
This is a rare design feature called "duplexing": https://en.wikipedia.org/wiki/Duplex just says "Duplexing in typography, where two different styles of font (e.g. regular and bold) have the same width". The font "Bahnschrift" released with Windows 10 has that for its weight axis.

Edit: rare outside monospaced fonts.

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