Some stats on #php2shell. In the 10 hours before it was publicly announced, across the @Cloudflare network we saw thousands of attempts to exploit it. That jumped to tens of thousands in the 45 minutes post announcement, hundreds of thousands within 2 hours, and millions now.
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A trader who’s compounded at 60% a year with a Sortino over 2 on why he refuses to compete with the pods on their timeframe:
Joe Walsh is the Founding Partner of hedge fund Code Partners.
Joe Walsh explains:
“The first thing I think about is time horizon.”
“I don’t want to be valuing a security on a three to six month timeframe where I’m competing against a very well-resourced, motivated person inside one of these firms with way better corporate access, way better short-term information, proprietary data sets.”
“You’ve got to pick your time horizons to be avoiding very good players. You’ve got to pick your sectors where all the pods who used to do that have been shut down and all the investors have given up.”
“The game selection aspect is running away from competition, and that’s where greater inefficiency by definition lives. There are huge pockets of that in the equity market today.”
“If you think you’re going to have a huge edge trading European industrials on a three-month timeframe, I would politely disagree.”
“We have huge edge in timeframes greater than 12 months, in sectors and markets that are just not as competitive. It’s not worth their time, when they’re running $100 billion levered multiple times, to muck around in names with $10, 20, 30 million a day of liquidity.”
“The capacity I could run money with is very attractive, to single digit billions, and still have a huge edge and still remain very liquid.”
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FINALLY found how my key got leaked and got the $90,000 bill from google
Opus 5.5 said codex had PUBLISHED MY ****ING .ENV TO CLOUDFALRE PAGES ‼️
Meanwhile codex couldn't find anything, refused to explain itself and flagged my chat for cybersecurity risk lol
‼️ The Arch Linux drama continues: an account uploaded at least 15 fake copies of yay, Arch Linux's popular package helper, with malware in their install scripts.
A scan of one, yyay, shows it pulling code from a Russian git host and running it as root.
i am short companies whose margins depend on the cost of performing verifiable work.
i am long companies whose margins depend on owning very very consequential outcomes.
this applies to both public/private markets.