princetontiger

Glad that someone posted this.

I tried to use Bluemix to prototype some stock market AI thing... I spent a few weekend nights playing with it. Frankly, I didn't find Bluemix or Watson any more capable than myself.

Of course, I then received several emails from sales reps.

The USA has already started a long-term decline. Peak was 1998/1999 if you go by peak productivity and real GDP/capita.

Unfortunately, not much can be done. We're in a situation similar to that of the British Empire prior to 1915.

Sounds like hedge funds a decade ago.

The math department has incredible professors.

I worked at a hedge fund for 4 years, and these math questions are irrelevant to market structure.

Based on the challenge of most of these questions, I would hazard a guess and say only very recent grads would be able complete these. I'm 6 years out of Princeton, but I've forgotten how to do probably 90% of these questions.

Parts 3/4/5 require some pretty specific rules that are more rote memory than anything else.

People forget that companies like Groupon and Zynga are still real businesses. Both are still $1B+ market caps.

As someone who went to both IPO lunches, it was a wild time. Throw Renren, and several other companies from that time period into the mix. 2012 was almost 5 years ago. Unbelievable. Well, at least tech companies actually did go public.

This is hilarious. 20 years late? Nothing to see here, move along.

WhitneyLand is correct.

This article is crazy.

You know what? I worked for a large tech company (unnamed) a few years ago. There were tons of old people who viewed the younger folks in contempt. It can happen both ways.

Active investing serves a valuable purpose.

10 years ago, everyone wanted to be in the hedge fund industry. Today, it's tech startups. Having worked in both fields, you encounter the same folks running from funds to startups.

Hedge fund fees probably move to 1 and 10 over the coming decade, but active investing and price discovery are very valuable. For those willing to do the work, small and midcaps still can generate alpha. However, it will require spending many hours traveling and meeting with management and being engaged in the sector virtually nonstop (trade shows, conferences, reading articles/news).

I think generalist active investing will go away, but sector focused active investing will remain.

This is like the late 90s. Startup bubble. The world is moving to EVs. Not sure how this is a tech startup?

I interviewed for a very senior finance role at a public company a few days ago.

The entire group of analysts and managers is based in a southern US state, while the executive team resides in NYC. Pretty crazy, but makes sense from a business stand point.

I think it's important to always have "ideas" handy just in case things go awry at work.

We're likely in a shallow recession right now.

260,000 layoffs in the the industry can send ripple effects to other parts of the economy. That's a ton of high paying jobs gone. Not enough to create any major recession, but enough to be felt around the communities.

The worst part after a commute is coming into an open office. People sneezing, coughing, talking.

But, that topic requires another completely different article. :)

VC money is stupid. Mark Cuban took VC money at the very last minute.

The latest incarnation of VC-backed tech companies leave very little for the founding members.

Boston fell off the map. Whatever happened?

It seems like New York, Bay Area, and Austin, TX have become the three large Internet/App tech hubs.

I work at Zynga... The office building is awesome. The amenities at Zynga are still some of the best in the Bay Area. Awesome gym, large basement arcade, and snacks everywhere.

Several SF tech companies have been polluted by former investment bankers. I presume pushing paper and face time have become even more important.

These guys suck... All the products are way more expensive than on Amazon.

They have $100B in cash... They can make one or two transformative acquisitions.

All this doom and gloom a decade ago was a great chance to pick up a delicious dividend paying stock.

this is lame. he's not at HQ

Did anyone notice the tabs in the screenshot? Weird.

Who do you guys think purchases Opera?

Facebook? Google? Microsoft? Nokia?

I roomed with Conway's son at Princeton. His son was one smart guy

Some subs of Amazon have free lunch.

Did anyone check out netflix? You can really see salaries spike in 2012/2013 time frame.

Is this due to the massive wave of VC-fund companies now competing for talent?

The university is not dead. People who are going to inferior schools want to make this logic a fact.

I interviewed here, and it was by far among some of the best group of people I've ever met.

I think some of the HR people are a bit rough, but the teams that contribute to the bottom line are top notch.

I play doom once a week... it stills gets about 100+ players online any given night.

I love it!