@kashyap286@Toronto242M My guy, read some GAAP rules first. Even writing the fucking CFA would’ve cleared up such a basic concept. Here you are pretending accounts receivables are a conspiracy. A concept from … 4000 years ago.
https://t.co/HDxaRtDj0Y
@CliffordAsness I think it’s been lost in the noise of the 08-09 remark but wtf is the purple line? Like a linear combination of the other points? Or just cash and PE?
@docmilanfar @aleksei_tiulpin Your point was literally about unbiased estimators. Pointing out you used a biased one in your example is very relevant and not pedantry. Take the L and move on. Your thread is useful either way.
@KrishnaMemani He’s just a walking ad for Cathie wood and any other big personality in the ETF world, including every second crypto scammer that needs an ETF to get legitimate flows.
@sbraun27 If you initialize a df from say a csv file, does it have the issue? I’m wondering if the dtype of your columns is causing some bug rather than the datetimeindex
@demishassabis@kylebrussell@danshipper@ezraklein Consider Phlebas adds very little to PoG. It’s a good standalone book (although not even close to PoG imo) but he wrote most of the series with a different megastructure / big idea in each book.
Also I’ve been shouting from rooftops that techbros don’t have the first inkling about finance for the past 2 years as well. If you’ve been following the sewage that comes out of Elon’s jhaalra boys, you’ll know how stupid they are. Stay. In. Your. Lane.
The sad part is that when I was shown @balajis' trade, I was not surprised. It's called "trading against himself", something lunatics do under the influence.
Technical Quiz. Show it is arbitrageable: Sell him the forward & buy x btc to lock-in a profit.
What is the optimal x?
He’s manipulating the bitcoin market openly. A CFTC regulated market for btc. It is the other extrema of stupidity if this is true and he’ll get incarcerated. So I don’t know which type of stupidity it is.
I told everyone who’d listen that Balaji is a grifter. I’ve been levered short on that guy for nearly 2 years now. Either his latest ploy is the utter extrema of a stupid trade where he’s paying $1m now for something he believes will be worth $1m in 90 days or …