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thtthings

355 karma · joined January 24, 2019

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thtthings··on Half of US stock fund assets are now invested in index funds
If you are never going to sell your ETF/stocks then yeah it doesn't matter. I read online once that a mutual fund tried to see which of there customers made the most money. The customers that made the most were the ones who had forgotten they made that investment and the others who were dead.
thtthings··on Half of US stock fund assets are now invested in index funds
I was talking about Value investing. Do you see value in buying uber and tesla at the moment? The best value is the obvious one. Do not buy these stocks or go short at least till they are more attractively priced and there story changes. The risk/reward does not look attractive in these stocks but people still keeping buying them!
thtthings··on Half of US stock fund assets are now invested in index funds
I am referring to etf price during extreme volatility. The price can diverge a lot from its NAV.

If the market is crashing then the bid ask spread is going to be very wide but i guess same will be true for common stocks. I think it is important to invest in high volume etf's like qqq/spy. So yeah you are right, arbitrage opportunities are still there i just think that during downtrends there will be more but in that case who cares about arbitrage! The best strategy is to go short.

thtthings··on Half of US stock fund assets are now invested in index funds
This also means one more thing: Institutional investors and smart money is selling into this rising market. Retail investors are going to be left holding the bag.

The headline should be: Institutional and professional investors are going into cash resulting in individual investors that buy ETF's share to go up to 50 percent.

When professional will start shorting and going the other direction. Headline will be: 80 percent of falling US assets are now invested in index funds.

thtthings··on Half of US stock fund assets are now invested in index funds
All this does is make all stocks move up or down regardless of their individual performance to some extent.

If there is a big swing in either direction. Some stocks will get way overvalued or undervalued compared to their intrinsic value. Maybe this is beneficial to a value investor that picks stocks instead of investing in ETF's? I wonder if ETFS will make the market drop a lot in the next crash and will the etf's even track their underlying accurately? Lot's of arbitrage opportunities.

thtthings··on We can't judge another programmer's abilities in a 60 minute interview
It's more accurate to say that the current format of asking algorithm questions is not the best way to judge programmers ability. All it tests is how much has the programmer memorized for the interview and not really how he codes in the real world.

But i dont see this changing as most interviewers have been through the system and are likely average programmers themselves.

thtthings··on Apple Q2 Results
Dividend announcement doesn't make stocks go up. They actually go down by the amount of dividend.
thtthings··on Google and Amazon are wasting your time with Interviewing
So you are yourself deciding if you are qualified to work for Google! Now on people can just tell Google that they are qualified and Google can hire them. Can you tell us who you work for now? Some of your coding projects, things you have accomplished? If you are really good, you can just create your own software. Btw, i am not white. I am Brown
thtthings··on India will soon overtake China to become the most populous country in the world
How do they even know the current population(India and China)? I doubt everyone is tracked in the census.
thtthings··on Why Do Buses Bunch?
I am not overgeneralizing. I am mentioning every use case!

The stops are skipped because no one wants to get out of the bus and there is no one to board it. It has nothing to do with bus bunching.

Here in downtown Vancouver, there are some stops that have 5 different numbered buses making stop. Can they just skip ahead because there are a couple of buses already there at the stop?

To really make this works will have to check 1. Is the bus stopped in front of me the same numbered bus? 2. Does it have enough seats to board people that have lined up?

If yes then lets just not stop.

thtthings··on Why Do Buses Bunch?
They all don't go to the same destination. They have an overlap of route but all of them go to different destinations. So you cannot just skip a bus stop. You are very rarely if ever going to see the same numbered buses bunched together
thtthings··on Ask HN: Is it possible anymore to control India's unemployment problem?
Unemployment is there because people are there. So should we not control population? There are so many people in India it scares me as to what will happen when there will be a recession? It's good that India has good family values. People will help each other out. I think the answer is to control population growth and innovation. Maybe create new cities? Last time i visited Pune and Mumbai i was shocked at the state of traffic.
thtthings··on Ask HN: Who wants to be hired? (April 2019)
Location: Vancouver or Remote

Relocate: Maybe to California only. Prefer Vancouver

Work Auth: Candian PR/ H1b transfer

Tech: c#,.Net, Javascript, distributed systems, rabbitmq etc. Can learn a language and come up to speed in a couple days

Email: Reply here with contact info.

thtthings··on Ask HN: Those who moved careers from the US to India, what's your experience?
It is point based system. You don't need a job. Maybe i should do ask me anything for moving to canada from US as an Indian on h1b

https://www.canada.ca/en/immigration-refugees-citizenship/se...

thtthings··on Ask HN: Those who moved careers from the US to India, what's your experience?
1. I had the urge and wanted to experience how life in India would be. I applied for Canadian PR as a back up. Also, i have i-140 so i can go back to US. 2. I am in canada just to try it out and see how it goes. I did not have a job but got a job immediately. For process go online. If you are a software engineer you will get a job.

I don't endlessly do pro and cons. I just try things out.

“For all of the most important things, the timing always sucks. Waiting for a good time to quit your job? The stars will never align and the traffic lights of life will never all be green at the same time. The universe doesn't conspire against you, but it doesn't go out of its way to line up the pins either. Conditions are never perfect. "Someday" is a disease that will take your dreams to the grave with you. Pro and con lists are just as bad. If it's important to you and you want to do it "eventually," just do it and correct course along the way.” ― Timothy Ferriss, The 4-Hour Workweek

thtthings··on Ask HN: Those who moved careers from the US to India, what's your experience?
The question is about career. Sorry, no experience there as I actively said no to recruiters in India as the main motivation to go to India was to not work for someone else.
thtthings··on Ask HN: Those who moved careers from the US to India, what's your experience?
I left california went back to India after staying in US for 11 years and stayed for 6 months, did nothing. If you have some money, say 50k rupees a month. Life is easy. You need to get used to seeing a lot of people and bad infrastructure. That shock will go away in a couple weeks. If you have money you can do the same stuff you do in US. You can travel to thailand if you want good beaches.

In those 6 months, I received Canadian PR. Now I am in Vancouver. I think Vancouver is a better place to be than Santa Clara( i was there). But I think so cal is still the best place on the planet. I lived in orange county and would go back to so cal if i ever recieve a green card.

thtthings··on Google resists pressure to pull LGBT “conversion therapy” app
Does being liberal mean you are tolerant only if it suits your point of view?

I am pretty openminded myself and don't care of someone's orientation but everyone should have the right to do whatever the f they want as long as it's not hurting anybody. Don't tell me it's hurting their feelings!

thtthings··on Public protest against Amazon
I need to clarify, this is from the perspective of American or first world working conditions. Coming from Russia an Indian boss must be a god sent(just guessing, don't know).

There are maybe 100 millions Indian bosses. Do I know all of them? Like everything in life, this is my experience. It isn't a scientific fact!

thtthings··on Public protest against Amazon
Well, There is nothing racist about my observations.

I love India and Indians, not fond of Indian bosses.. most of them

thtthings··on Canadian meat giant Maple Leaf debuts new plant-based burger
But that is a very small part of the whole meal. Look at the picture, you see very less meat and more nuts, beans etc
thtthings··on Canadian meat giant Maple Leaf debuts new plant-based burger
You people not in Canada, Canada has a new food guide:

https://food-guide.canada.ca/en/

It encourages people to eat minimal amount of meat and dairy products. Change is coming and it's good they are embracing it.

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