skysight-inc/HackerNews huggingface dataset:
That only works if you believe the skills needed to choose a fund manager are the same skills needed to choose stocks. That's seems unlikely.

If I've consistently picked terrible stocks for years, performing at 20% less than the market, and then I meet a fund manager who has has consistently performed at 20% above the market, are you suggesting I can't know whether or not he's better than me?
It doesn't matter if the algorithm is known, or unknown in a distributed index, the fact is, any ranking algorithm will be vulnerable to poisoning attacks.

Let's say you have a completely distributed search index with no ability for a central authority to curate. An attacker wanting to sway the US election would simply flood the internet with fake sites and link farms, designed to attack the weaknesses in a publicly known algorithm. This is in fact, substantially more likely than Google modifying their own system to favor a candidate.

What this basically means is he who has the most compute resources wins. Powerful entities could still manipulate the result just as anyone who owns more than 50% of the hashing power in the blockchain can dictate it. Dedicated campaigns can do it too (Santorum anyone?) Any coalition or entity with greater resources than the opposition will have an outsized voice.

You're positing a decentralized system absolutely immune from collision or resource constraints, in all likelihood, the systems deployed would have huge compromises that can be manipulated as easy as a Google Bomb, only with less ability to mount a defense. That is, an open index and known algorithm would likely be WORSE at defense against manipulation.

One only needs to look at how long it took to develop defenses to spam on USENET/UUCP/NNTP and SMTP. Even today, the defenses are not perfect, and that's after 20 years of sophisticated development.

The reality is, if you commit a crime that's in the public record, if you're a felon, or had judgements against you, and your employer is going to discriminate against you, then they will find the information. How the hell do you think this worked before Google? You think background checks for job candidates only started when Google launched? The government, marriage, police, and civil court case databases are all public. If I want to find out if you're a criminal or a cheat, I don't need Google.

Your argument that I should 'dox' myself if I feel people shouldn't have a right to retract information from the internet doesn't make any sense. It's precisely because I don't believe you can ever retract such information that I don't post my sex tapes with Kim Kardashian. If I knew I could censor whatever I want, then I'd feel free to dump all kinds of information I don't want to get out.

If someone decides to spread your info on the internet, censoring Google won't save you. People taking revenge carpet bomb information all over many resources like Twitter, Youtube, Facebook, Twitch, Wikipedia. Ask the women harassed in the GamerGate fiasco if the biggest issue was Google searches, or social network spam. Have you not seen Encyclopedia Dramatica?

IMHO, if you want to deal with discrimination over knowledge of your public records, pass anti-discrimination laws. Don't rely on security-through-obscurity. If you're living a lie, sooner or later your workplace will find out.
K... The only thing I want to know is do they taste good? Haha no where is that mentioned in the article!!
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Ah, shysters beating shysters at their own game. Now we just need people to start gaming them from both ends. Maybe it's the gold rush model where you sell the tools. Maybe Google is already one step ahead: http://venturebeat.com/2016/03/08/google-rebrands-skybox-as-...
When you do find someone who match, it's totally awesome.
I'm not 100% sure, but I think this is a choice of one of a few licenses for the software rather than a dual license. The licenses aren't coherent if you apply the licenses simultaneously, but I think only one of the licenses need apply to the software for a given user.

So you can release free and open source software which might be used for military purposes, OR you can release closed sourced software, but it can't be used for military purposes. The effect is that if your software will be used for military purposes you have to release it as free and open source software.

In this case it's not a dual license where you're bound by the terms of both licenses, it's a situation where you choose one of the licenses based on which set of terms you can comply with. Multi-option licenses like this are frequently used for proprietary software to enforce tiered pricing (such as nonprofit/personal/corporate licenses all applying to the same software but different licensees).

This is my interpretation, but I'm not a lawyer. I wouldn't stake my business on my interpretation without consulting a lawyer and neither should you.
Yes, most todo apps today are not friendly to dateless tasks, and they conflate start / hide-until date with due date, which should be kept separate. I call this problem 'due date pollution'.

I think a user must be able to postpone a task without assigning a due date to it. I'm working on a todo app that will implement separate hide-until and due dates.
We're talking about cloud sync. You always have a copy. You're in control.
Wouldn't the average fund manager only perform as well as the market if the market consisted only of fund managers? The definition of average here also needs qualification -- surely it's weighted by size of assets, so one huge, poorly performing fund manager should allow for the existence of many small market-beating ones. No?
Indeed - it's like saying if you can't identify good football players, you shouldn't go about choosing good coaches / managers.
Yes, there are some edge cases, but the reality is, I've seen code festooned with Promises, and code using async/await, and I find the async/await code far more readable.

You could make a similar argument that Promises are insufficient, and you should really be using Observables, because there are lots of situations where the generality is even better.

On the other hand, there's no universal hammer, and no reason why you can't mix all approaches, choosing each where it works best.
Ordinary computer can't model even a small quantum system exactly in finite time because it has to deal with infinite-dimension matrices to do it. In other hands, quantum computer could model any quantum system of the same size by one-to-one mapping of degrees of freedom. So you could build a quantum computer that just models your computer and do anything you could do on your ordinary computer on the quantum one.

If you are interested in the subject try to read this book http://www.amazon.com/Programming-Universe-Quantum-Computer-... (you can skip the parts about the Universe as quantum computer because they are controversial and a kind of metaphysics, just read a few first chapters to pick up the idea of quantum computations).
Is Clive Sinclair available for comment? ..

https://www.youtube.com/watch?v=hco_Av2DJ8o
Thank you, and of course you may.

The backend is written in Java(8) and it is built with the following (noteworthy) components :

Netty[1] - Extremely fast and stable Java networking framework,
serves static files and relays traffic
(both tasks are custom implementations)

Guice[2] - IoC container by Google, nice for keeping the code clean

jOOQ[3] - I log some statistics in PostgreSQL
(file size, content type, transfer time - but no filenames).
If you're comfortable with SQL jOOQ is a real breeze to use.

The backend is hosted on the cheapest VM option at Digital Ocean (Amsterdam region), (which seems to be holding up pretty well so far :). I do run PostgreSQL on another $5 VM, so the Station307 server only has to worry about serving static content and moving large chunks of bytes around. SSL certificates are kindly provided by Let's Encrypt[4].

For the frontend, I know for a fact it uses left-pad (babel-core)... Written in JavaScript (ES2015 + JSX) and built with :

Mithril[5] - Fast, small and simple React-like framework, quite a joy to use.

Bootstrap[6] - Because not having to worry about L&F is quite nice.
Trimmed it down a bit by only importing the parts I needed (SCSS).

And I think that's about it. If there's anything else you'd like to know, let me know!

[1] http://netty.io
[2] https://github.com/google/guice
[3] http://www.jooq.org
[4] https://letsencrypt.org
[5] http://mithril.js.org
[6] https://getbootstrap.com

edit: formatting D:
They probably don't, but they probably had some people internally pushing for this, and seeing how it likely wouldn't cost them much but had the potential to generate a lot of good will and potentially increase demand for their product. Why would they not do it?
I'm working on a todo app that will address this via automatically-activated contexts. For example, you could have a task which has "@work & @near:Bob" in its Contexts field, and it will appear in your list when the both conditions are met.

(The app currently has all the infrastructure for such contexts, however I'm not yet sure about how to implement person proximity triggers in particular).
Argument to learn, not to win
The British government doesn't have a great track record funding automobile company's.

Remember the DeLorean? Least John DeLorean had loads of auto industry experience.
For the past few years, yes you can. For the next few...?

Surely you have an idea why you picked stocks that seemed good ideas but were not. What was the missing piece of information you did not have or the missing model you were not using?
Apply that retreospectively and Android or YouTube would have never been part of Google. It is reasonable to argue that had that happened, googe's core search business would be under significantly more risk today.
That's a sort of inverted survivorship bias - you've seen "a number" break, presumably from similar usage if they're yours, or at least similar temperature/humidity/etc if they're from around where you live if they're from your friends or customers, and you feel that translates to all Dysons everywhere. The reality is that you've seen at most a few thousand if you're repairing them professionally. That probably isn't a big enough sample size to know if they're consistently bad.

I've owned one Dyson, but it's been going for 6 years and I've never had a problem with it. That doesn't lead me to believe they never break though.
Awareness of how fragile npm is, both in terms of trusting it to always be available for your deploy but also on the mutability of packages there. What if someone unpublished one single well used package and someone else snapped it up to publish malicious code, it could have taken months before somebody noticed.
Because there's nothing else that's different about me from a non-Muslim. I'm a qualified Engineer, who pays taxes, abides by the rules, performs community service, a blood donor, etc.

I'm just an average guy looking to live my life, all Muslims are like that except those that have been brainwashed and are used for political reasons.

Why discriminate against me for my faith? Isn't the U.S. a secular country?
An interesting extension would be to use the now easily parsable text-based format, and apply static analysis checks to it.

eg.

Warning: C10 has a range from A1:A9 but C9 only has B1:B8
I'd love to see something like the Xbox Elite controller, where it's a almost-no-expense-spared version for $100-200 with much higher build quality and materials.
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Chapparal, the famous 'sucker car' was the first ground-effects race car.

https://en.wikipedia.org/wiki/Ground_effect_(cars)

So effective the sport made it illegal after just one season.
You've got it backwards. They're not blaming the Let's Play culture for existing, and they can see the value these videos add to gaming culture, what they're pointing out is the issues with revenue it currently creates. If the monetisation issue is fixed (they suggested leaving tips) then they can continue making storytelling games, and that appears to be in the interest of Let's Play video creators as well.
We're getting there: http://www.shapeways.com/blog/archives/24028-the-art-of-engi...
Yep. And very large software developers have created languages that compile to javascript ... it is madness but it solves their problems.
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I've always enforced a strict policy of every certificate request be asked for in person by someone with authority to ask us for one, and then a second person actually issues the certs after an hour, just in case. Nobody likes being responsible for data breaches, and I for one am a sadist and a masochist when it comes to keeping control of my systems.
> walking 3 minutes to the nearest bus stop, waiting at most 5 minutes for the next bus,

Yup, welcome to Japan. How a good mass transit system changes how you live your life is hard to explain until you experience it.
Aw man, my son loves pancakes too.

Now I want to both buy this game and not buy this game... :'(
Because every incremental employee costs the company more. It's like sorting an array. Big companies rarely hit it rich with small people working away on pet projects. The organization slows them down through a number of different ways and they cost the organization far more than their startup counterparts. Occasionally a project will be successful, but usually when that starts (like with Xbox) the rest of the organizations stakeholders will find a way of fucking it up.

It's better to focus resources on things that little startups can't do (like self driving cars) and buy up fast expanding companies, like Google did with Youtube or Facebook did with Instagram.
How do they not run out of numbers? According to this random image I found on the internet, each bank has a space of one billion card numbers. If you have ten million customers, say you're going to run out of these very quickly.

http://www.financetwitter.com/wp-content/uploads/2014/08/Cra...
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it's not. set aside for a moment the prose description, find an MH module in your language of choice and study the code then play around w/ it in the REPL. A couple of things will probably surprise you when you look at an MCMC implementation (either MH or Gibbs): (i) very compact (eg, MH ~ 40 loc in python; 120 in scala; Gibbs ~10 lines in python, ~40 in scala); and (ii) the primary data structures are ones you probably use every day (eg, 2D array, which is used to represent the transition probabilities among the nodes comprising the graph that models the random walk). (A python/numpy implementation of MH: http://isaacslavitt.com/2013/12/30/metropolis-hastings-and-s...)
Does "Puritanism" here reflect more a parochial understanding? The English have their own espionage-industrial complex, including one CCTV camera for about every 10 people, and a native author, Orwell, who famously wrote about near universal surveillance in Nineteen Eighty-Four.

There's also the Five Eyes of Australia, Canada, New Zealand, the United Kingdom and the United States, wherein an espionage agency in one country can route around laws which restrict surveillance of citizens by simply asking a foreign agency to get the information and share it with the former.

This might be based on a 'naive moral authoritarianism', which in the US might include 'puritanism', but I don't think puritanism captures the basis for the multi-national, espionage-industrial complex, any more than attributing it to some sort of 'Anglo-Saxonism' might.
Jitneys today carry 8 people + driver, maybe more with a wider vehicle (safe for self driving). Self-driving had all the efficiencies the other reply talked about.
Neither of those examples are apt. YouTube was purchased and Android was a carefully planned, institutionally supported move in order to safeguard existing revenue streams.

The closest thing I can think of happening at Google is Gmail, and that was over a decade ago.
> that ensures that I have access to software

...until they shut off the server that serves you that software, or remove/change features you liked. In the old days, you could save your software somewhere and know you could always use it and it wouldn't change on you.
For a short time in the early 1980s the British government part owned Jaguar, Land Rover and Mini through British Leyland. It didn't work very well (Tory government versus heavily unionised car industry) but it went better than DeLorean.
If you're not familiar with Existential Depression it's worth reading a little about it, I can certainly relate to many aspects discussed here, http://sengifted.org/archives/articles/existential-depressio...
There was a kickstarter[0] about reissuing that manual. I'm sad I missed it.

If I understand correctly, they did another kickstarter for another manual and then released it again[1] in smaller format out of the kickstarter. Maybe they'll do the same here.

By the way, I found about this manual when I was specifically looking for inspiration about old space race era graphics design. The inspiration is for a SaaS website. I'm one of those that would like the web was more about content and less about big pictures, parallax effect, ... In particular, the manual uses classic quality fonts that are now regarded as unprofessional by web designers because they are too ubiquitous. I would be very tempted to use them.

[0]: https://www.kickstarter.com/projects/thestandardsmanual/reis...
[1]: https://standardsmanual.com/
Isaac Z. Schlueter: kik, left-pad, and npm
Braintree has caught up to stripe and is better imo.

Stripe still has the 7 days transfers thing, despite having direct debit withdrawals on negative balances. Braintree have your cash to you in 2/3 days.
This may be a dumb question; but as I am looking for my next project, what is so hard about setting up a robo-adviser firm?

Algorithm A : put $AGE % of funds into treasury bonds, put 85-$AGE % into index firm / ETF

Algorithm B: err?
That is more than fair, motion sickness is hell and you have my sympathy at least.
That's true. But don't you think Google take into account predictions of heavy load in otherwise optimal routes, guiding users elsewhere, and so avoiding the problem or at least decreasing it?
Survivorship bias may hint at you not being able to.

Whether stock picking is luck based or not, there are (almost) no fund managers currently working who performed 20% under the market over the last 5 years.
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Can you have a same number as somebody else but with a different expiration date, csv number and/or cardholder's name?
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In Japan, in addition to public and quasi-public train companies, there are many private train and bus companies which are completely profitable with zero support from taxpayers. This won't work in non-densely-populated areas, but it's feasible in cities.

This article is a wall of words, but describes the details pretty well. The short version is that the private companies diversify their operations by buying land around (and above) their stations and developing it in conjunction with their train and bus lines.

http://www.ejrcf.or.jp/jrtr/jrtr10/f02_sai.html
> Others are willing to snap up equity in private competitors of a company to check out their orderbook to predict the reality of the market before it can be reflected by the market.

How is that not considered insider trading, in the light of what happened to the Capital One fraud researchers? Both are using information that's not available to the whole market.

The rules around this stuff just seem very arbitrary.
Xerox PARC invented a lot of stuff we now take for granted, network computers, the GUI, object oriented programming, etc. And it wasn't cheap, and almost all of it has nothing to do with the core mission of Xerox.

But one invention that popped out of PARC did---the laser printer. That one invention paid for Xerox PARC many times over (maybe a hundred times over---PARC spent a few million but the laser printer pulled in a few billion).

Fundamental research is expensive in the short term, but it pays off handsomely in the long term (unfortunately, longer than Wall Street will allow it seems).
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>> Fama and his co-author French found that there is no evidence of active fund managers who perform better than average...

The paper you linked by Fama and French doesn't support this assertion. In fact, it's incorrect, and the paper admits that there are outliers (however few) with consistent superior performance.

From 1994 to 2014, Renaissance Technologies averaged a 71% return. From 1982 to 2012, Baupost averaged a 19% return. In the same time period the S&P 500 returned 7-8%. Even after fees, these managers easily beat the average for their clients.

It's tempting to claim that there is no such thing as beating the market, especially if that belief aligns well with a corresponding set of political beliefs about Wall St. But it is inarguable that funds and managers like these exist, it's just a matter of admitting that it's extraordinarily difficult instead of impossible.
Until the head asset manager you "hired" effectively retires and hands the reins to youngins without ever telling you what went down.

I've seen this happen many times.
Five years ago that was a desktop. Today you can get the same stuff in a super slim 13" with a whole days worth of battery.
Stripe takes 7 days from payment to your bank account. Nice UX but lacking under the hood compared to Braintree.
Thanks for your answer, it clarified things a lot.

My concern with plaid.com using my banking credentials on an ongoing basis still stands though, and for me this currently outweighs the privacy benefits to be gained by using the service. Additional ways of funding (either using a debit card or ACH preloading) would be most welcome and go a long way towards addressing my concerns.

privacy.com would be a very useful service to me, and I hope you will be successful with it!
It doesn't matter if a risk does harm a small company - in the worst case it folds and everybody involved jumps into something else. The amount of disruption and economic damage is limited to the participants. If a large company goes broke the disruption and damage spread far beyond the pool of employees.

Small companies need to try to win (and risk dying in the process). Large companies need to try not to lose (and risk stagnating instead). It's an interesting consequence of the effects of scale.

Edit: I would relate it more to an Anthropic Principle than the gambler's fallacy. There is a lot of survivor bias in the stories that we hear about.
Just waiting for someone to tunnel TCP via these services, or use them as a HTTP proxy.
That's accurate, and totally reasonable. If the web is going to move forward, there needs to be a certain acceptance that older browsers should work, but they don't deserve to work well.

And definitely not as well as the latest and greatest.
A very good writeup; pleasure to read!
Just FYI your Herbalife info is out of date, as it has experienced a massive rally as of late.

Imo I believe John Hempton's take on Herbalife, which is that what they sell is not the supplement but a "sense of community" that the participants strongly desire.
"you need to pick stocks every day or several times a day."

The usual advice for beginners is to revise ones portofolio between long intervals, say, once per year, record the specific reasons a purchase or sale was done, and progress with patience and not running after the market.

Stocks with dividens provide an interest to ones investment regardless how their price evolves in day trading.