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    Las Vegas lifestyle: Trading to Win

    Sorry to hear that. If anything works, this foundation knows it: https://www.michaeljfox.org/ By the way, I read that nicotine (smoking) decreases risk of Parkinson's by 50%, but only before the onset.
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    Just Listed My House for Sale. Fingers crossed...

    Yes, I always wondered why taxes are so high in the US. But looking a bit around they rather seem to be unusually low here so I'm starting to think this might not last. Also based on how much I paid it seems the state undervalues the value of my property. Which I suppose is the correct thing to...
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    The Unlovables

    Lorbing forward... the (European) Union has run out of low hanging fruit. I mean like Ukraine wasn't even orchard ready and problems started pouring in. Apart from Turkey which is kept as the eternal comfort wife "if everything fails there's still Turkey", I think the bold and only forward...
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    The Unlovables

    I'm drunk hence thinking philosophy. What differentiates Germany from Russia? Both are unlovable. Yet Germany somehow pulled the trick of having the neighboring countries join the union not just voluntarily but eager to do so while Russia with all the "if you don't love me then I'll show how...
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    Just Listed My House for Sale. Fingers crossed...

    Like I said in my previous post, I don't live in the city but rather in an adjacent village. There are cities in the country that don't have the population of this 'village' (largest in the country). So it's not a city, it's not a town, it's a village. And fighting tooth and nail to remain so...
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    Just Listed My House for Sale. Fingers crossed...

    Status update: I've bought my second apartment. Well, "bought" is a figure of speech, paid 25% of it's value from my own pocket and borrowed the rest from the bank as a 15 years mortgage. Given my salaried income, if I'd be parsimonious, I'd actually pay it in two years. Since I'm not...
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    Why go to college?

    Well, while in theory the communists sought to abolish classes, in practice it was a matter of prestige to be part of the "intellectuals" and you had to get an university degree to qualify for that. Also it became "hereditary", in that, once an intellectual, it was the utmost humiliation if your...
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    Just Listed My House for Sale. Fingers crossed...

    Keeping the proportions (my apartment doesn't value $3.4M :) ), it's goo^H^H^H interesting to know that I'm not the only sucker who bought right on top of the market housing bubble of the 2000s. A week after I made the payment at the end of 2007, the state took out the VAT (value added tax, no...
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    ChatGPT (LLMs) replacing programmers? Ridiculous

    There are hundreds of billions of dollars — family offices, pension funds, sovereign wealth funds — that are desperate to find returns. But in AI in particular, the money and the patience are running out — because the systems don’t have a path to profitable functionality. In October 2022...
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    Is it immoral to get a second job as a software developer?

    Like all things in life, it's not that clearcut simple. A lot of employment consists in "idling out" followed by periods of more intense work. There can be a constant stream of work but noone's gonna bust your ass if you said this week and deliver next week or even the week after that. At least...
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    Star Trek: The Original Series

    Started watching Star Trek: The Original Series on Netflix and oddly enough I made it through the first 3 episodes. It's rare that I can watch more than 10 minutes of something otherwise. I find it fascinating in the way that one would watch animals in a zoo. The primitiveness of technology is...
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    ChatGPT (LLMs) replacing programmers? Ridiculous

    LOL, good one :) Unless Skynet spontaneously emerges from the combination of Nvidia chipsets, nothing of substance will change. Right now AI is as much conscious, intelligent and capable of autonomous operation as the Mechanical Turk was in the 19th century. Fascinating technology for the day...
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    ChatGPT (LLMs) replacing programmers? Ridiculous

    I keep seeing these articles and people confirming and re-enforcing as a fact that LLMs are practically replacing programmers. So I have a question, ruling out stupidity, what crack have these people smoked? I'm not talking designers and journalists and business school types who don't know any...
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    Take it slow or fast track?

    Yeah well @shMark, I dunno about hundreds of thousands of backtests. I ran a lot too, I worked as a quant as well and ran a bazillion for others as well. A backtest is only as good as the strategy behind it, if it's hopelessly retarded (like technical analysis mystical voodoo star alignment)...
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    Take it slow or fast track?

    Thanks @ironchef , I'm also impressed that you remember (me working at it a long time). I've quit trading more times than Mark Twain has quit smoking (to quote him: "Giving up smoking is easy... I've done it hundreds of times"), staying away from it afterwards is hard. Eventually from all the...
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    Take it slow or fast track?

    It's a method of building a portfolio that offers about the same return as the index but with significantly lesser volatility. Here's some example of how it works on the period 2006 - 2016 (I wanted to catch the financial crysis from 2008): It goes from a Shape of about 0.3 to 1 - 1.2...
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    Take it slow or fast track?

    I finally have a working, valuable trading strategy. Perhaps two, perhaps more but I'm taking a pause now before pursuing more. Working in finance I learned two words: "agency" and "principal". If beating the market would be similar to gold mining, agency sells you the tools and machinery while...
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    Mcdonalds in 1989 really shows you how bad shrinkflation is

    Wow! I was thinking quite recently actually that the "large serving" of fries my kid gets doesn't look so large. I mean if this is the large one, how many in the small one, two sticks of fries?
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    Progressive house

    @Baron Sorry for abusing but how about these two? Do they ring a bell, remember hearing them in the US? https://en.wikipedia.org/wiki/Music_Instructor https://en.wikipedia.org/wiki/Flying_Steps
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    Progressive house

    This is the confirmation I was hoping for. It confirms that the "spice trade" is still a thing. When you define "spice" as "a particular flavor of things enjoyed by an isolated culture or society" then it becomes apparent that when you scale said society to the around 10 billion humans alive...
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