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ta12653421

164 karma · joined June 2, 2024

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ta12653421··on McDonald's is losing its low-income customers
Thas fucking cheap! LOL

Chicken well raised and fed, is usually good starting at around 30-40 EUR / kg. I supermarkets selling 1kg of chicken for 4-5 EUR / kg - I would not touch this.

ta12653421··on McDonald's is losing its low-income customers
mahahahaaaaaa..... any restaurant that requires an App to access it, completely insane.
ta12653421··on McDonald's is losing its low-income customers
...well, wait: At McDonalds this is a high price for bad quality - in a good restaurant it may be cheap :-)
ta12653421··on Why top firms fire good workers
This: If you want to climb the ladder, the no1 way to becoming a partner is .. SALES .. SALES .. SALES, regardless what you selll: As long as you bring in money to justify your business unit/cluster, everybody is fine. Just sell more hours - thats the only goal.
ta12653421··on Exploring the limits of large language models as quant traders
you apply it to find cross correlation ideas about larger numbers of assets. Try doing your stuff on a daily base with more than 500 assets :-)
ta12653421··on Exploring the limits of large language models as quant traders
++1
ta12653421··on Exploring the limits of large language models as quant traders
..though even until lately, none of them could tell me how to fix the Azure bug I have with my account: It does not allow me to spin up new machines and shouts an obscure error message :-D
ta12653421··on Exploring the limits of large language models as quant traders
Good one! The thing is, you are assuming "perfect/symmetric distribution" of all known/available technologies across all market participants - this far off the reality. Sure: Jane Street et al are on the same level, but the next big buckets are a huge variety of trading shops doing whatever proprietary stuff to get their cut; most of them may be aware of the latest buzz, but just dont deploy it et.
ta12653421··on Exploring the limits of large language models as quant traders
In general, I agree - but there is one exception, I think: However you put AI into an stat arb context, I think it may help for trading on a daily base like "tell me where i should enter this morning and exit this evening". (not daytrading throughout the whole day)

But, I havent tested it so far since I do not believe it either :D

ta12653421··on Exploring the limits of large language models as quant traders
>> Personally, I think any individual on their own that claims they are doing anything in the algorithmic / ML high frequency space is full of shit. <<

do you want to have a chat by Whatsapp then I can show you quite the opposite! :-) And in my case: Nobody knows, only one friend who is also deep in the stuff; people doing this are usually more quiet, since nobody is interested at all. I have some contacts in academia and shared my ideas with them - none of them said: "this wont work"

(Disclaimer: 25+y IT experience, 15 of them in finance)

ta12653421··on Exploring the limits of large language models as quant traders
>>But to automate it you can simply write python code.

haha, if it would be that easy, most of them would do this? :-D

The thing is - its fucking complicated and most people will give up far before they enter any level of operational capability.

I've developed such a system for myself and Im running it in production (though, not with crypto): And whilte most people will see the complexity in "whatever trading magic you apply", its QUITE the opposite:

- the trading logic itself is simple, its ~ 300 lines

- whats not simple is the part of everything else in the context of "asset management", you need position tracking, state management (orders and positions and account etc.), you need to be able to pour in whatever new quotedata for whatever new assete you identify, the system needs to be stable to work in "mass mode" and be super robust as data provider quality is volatile; you need some type of accounting logic on your side; you need a very capable reporting engine (imagine managing 200 positions simultaneously), I could enlength this list more or less unlimited.

There is MUCH MORE in such an application than the question of "when and how do I trade" - my systems raw source is around 2 MB by today, 3rd party libs and OSS libs not included.

ta12653421··on Ultima VII Revisited
Rise your hand if you remember how long you had to tinker around to get enough EMS to load the game plus sound card drivers loaded into memory when being in DOS!

:-D

ta12653421··on The Miracle of Wörgl
What most people dont get: Cash is not for saving or investing - its for spending in the daily life, for transactions, but not for long term storage.
ta12653421··on US startup Substrate announces chipmaking tool that it says will rival ASML
LOL, I recommend highly to everyone who thinks a startup can challenge ASML this 1.38min video:

https://www.youtube.com/watch?v=h_zgURwr6nA

Its an industrial flight video through a ASML TWIN Exe HighNAV.

Here is also a presentation of ~45min at CCC / Germany (in English language) which I highly recommend to watch:

https://www.youtube.com/watch?v=NdppYYfQJgg

Especially the explanation how they use two milisecond laser shots to first molt the tin and then distribute it symetrically(!!!) with a second shot across the surface.

There IS NO chance that this startup will be able to somehow compete, if even Chinese state actors cant do it (yet).

ta12653421··on Unofficial Microsoft Teams client for Linux
does it allow to disable(!) incoming(!) video completely?
ta12653421··on Germany to ban Huawei from future 6G network
>>China has virtually no cultural exports of note compared to its size,

++1

ta12653421··on Germany to ban Huawei from future 6G network
As said: They made clever decissions while the greedy western company went into their trap :-)
ta12653421··on Germany to ban Huawei from future 6G network
this is what most WEIRD people do not understand: (Western-Educated-Industrial-Rich-Democratic) - by today it looks like that the Chinese system may proof to be more "performant" on most/several (all?) levels. Its hard to accept for libertarian minds, i guess.

Once here on HN someone wrote like: "democratic systems seems to be too slow to adapt in world changing at our current speed".

China did some vey wise decisions from their perspective; think about this joint-venture thingy that foreign companies need to have a JV partner which always holds at least 50.1% - very clever! Why did no western state do this? Its one of the by far smartest decision that you could do.

ta12653421··on Germany to ban Huawei from future 6G network
Well, as European, i have to clearly state - unfortunately - this is only because of what happened in the 20th century: WWII. This "event" changed somehow the psychology, not allowing the EU to "stand up straight with our shoulders back".

Unfortunately. With around 500m customers, we could be powerful. But we arent: Stumbling upon our own feeds.

ta12653421··on What happened with the CIA and The Paris Review?
...and dont forget McDonalds and the famous Marlboro Guy :-D
ta12653421··on Nano Banana can be prompt engineered for nuanced AI image generation
Rule #1 when typing longer texts into webforms/textboxes: ALWAYS do a CTRL+C before you click submit.
ta12653421··on GPT-5.1: A smarter, more conversational ChatGPT
The best thing is that all this stuff is accounted to your token usage, so they have an adverse incentive :D
ta12653421··on GPT-5.1: A smarter, more conversational ChatGPT
add on: You can even prime it that it should shout at you and treat you like an ass*** if you prefer that :-)
ta12653421··on GPT-5.1: A smarter, more conversational ChatGPT
Just put your requirements as the first sentence in your prompts and it will work.
ta12653421··on Bitcoin's big secret: How cryptocurrency became law enforcement's secret weapon
good one!

This brings to my mind: Chainalysis or the exchanges Co should offer such service like "bitcoin cleanyness lookup" or similar :-) (maybe some do already and Im not aware of...)

But the thing is: These service work wallet-based.

ta12653421··on Bitcoin's big secret: How cryptocurrency became law enforcement's secret weapon
Depends on how each individual institution handles it:

Some exchanges and banks to trace lets say the last 20 hops, and if these are OK, then they accept the coin. I know also about institutions which trace ALL hops, meaning: At their desk you cant ever sell a coin that has been in the dark only one day since its existance.

Most have a relaxed approach, like "if the coin wasnt in dirty hands for the last 5 or 6, its OK for us"

ta12653421··on Yann LeCun to depart Meta and launch AI startup focused on 'world models'
Lately ClaudeAI switched over to ASCII art when doing explanations....
ta12653421··on Bitcoin's big secret: How cryptocurrency became law enforcement's secret weapon
Thanks for coming here and thanks for your contribution.

And no, English is not my native language, as a lot of people in here. Sorry if you dont like that.

Nontheless, impressive how you could assume my professional experience does not exist. Great.

ta12653421··on Are We Doomed?
...you have additional things sperm quality drop etc...

No - this time it is really different :-)

(apart from things like climate change etc.)

ta12653421··on Bitcoin's big secret: How cryptocurrency became law enforcement's secret weapon
I work in the field on the side of an institution, I know very well what people on "Crypto Meetups" are telling :-D
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