Had a Jane Street phone interview in 2016. "Price a 6-month forward on carrots."
There's no carrot futures market, so I build one from scratch: seasonal harvest cycles, USDA demand elasticity, cold storage decay rates.
One trader stops me. "Your storage cost function– you're modeling the carrot as dead inventory. Like grain in a silo." He asks me the metabolic respiration rate of a post-harvest carrot at 2°C. I estimate.
"Your forward is overpriced by exactly that shrinkage. The underlying is consuming its own sugars. It's alive." Good correction. I adjust the model. I think I've recovered.
Rejection email comes the next morning. Subject: "Ethical Review." My framework, they write, "relied on the severance of the root organism from its growth medium." The question about respiration was a test. The carrot was still alive and I'd built an entire derivatives structure on top of its death without questioning whether harvest was an acceptable act.
I pull up the recruiter's original email. It doesn't say Jane Street. It says Jain Street– a non-violent quantitative commodities fund.
The carrot was never supposed to be priced. It was supposed to be refused. I later learn the only candidate who passed that round was a former monk from Gujarat who sat in silence for eleven minutes and said, "I cannot put a price on life." He's now a partner.
Let’s just say George RR Martin isn’t the only one who’s written 1,200 pages of Winds of Winter. We’ll see who finishes first Georgie boy @GRRMspeaking
Long Weekend Escape? Bengaluru Crowd Turns Agumbe Ghat Into 4-Hour Traffic Festival
This is the scene at Agumbe Ghat when people from Bengaluru head out to “enjoy” their long weekend only to end up stuck in traffic for 3–4 hours straight. What was supposed to be a peaceful getaway into nature turns into an extended parking session on a hill road. Instead of exploring scenic views, breathing fresh air, and relaxing, people are treated to a premium experience of bumper-to-bumper traffic, honking symphonies, and slow-motion driving from one curve to the next. Ironically, the only thing moving faster than the vehicles is the frustration.
At this point, it almost feels like the plan isn’t to escape the city, but to carry Bengaluru’s traffic along for a road trip. Long weekend holiday? More like a well-organized traffic festival—where the destination doesn’t matter, because you’re already spending all your time on the road.
#bangalore #bengaluru #traffic #agumbe #ghat @ARRS_India@AgumbeResearch@Shivamogga_SP@DgpKarnataka@KarnatakaCops@Lolita_TNIE@ChristinMP_
JUST IN: Workday claims updates to their product have been “too powerful” to be released to the public, has not changed its software since 1986 to protect humanity.
(Anthropic employee): Oh, you think you can buy this SF house, huh? 12 million.
(OpenAI employee): Amateur…I offer 15 million.
(Anthropic employee): 20 million!
(OpenAI employee): Hardball, eh? 40 million!
(Boomer couple): Our hard work and perseverance are paying off!