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(I'm too lazy to comment on this article this week.><)There was an insightful article on bloomberg last week, Index Mutual Funds Get an A in School, C- in Life by Chet Currier, which disclosed the myth of passively managed fund these years. Vanguard 500, the biggest index fund with 104.5 billio ...
Web 1.0:Move to San Francisco. (Take frequent trips to New York City, though.) Learn Java or PHP or Perl. Buy UNIX servers from SUN and laptops from IBM. Create a useless web-based commerce site that sells objects like books or dog food. Your website must be some made-up word– like “joinks.com” or “g ...
Evaluation: moving from Java to Ruby on Rails for the CenterNet rewrite A nicely written paper talking about the benefits and other concerns of switching from Java to ROR.   Happy programming time now.

An inspiring motto

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Thanks, Clark.
A recent article on morningstar.com disclosed Buffett's portfolio structure. One thing that contradicts to the public image of him as a value investor is that only small portion of his investments can be classified into value style. According to another research paper, Buffett is "actually a lar ...
Quoted from Concrete Convina. Very insightful.   F - A - S - T PUQ. F stands for Financial IQ - how smart is entrepreneur financially? You have to understand your business financially. You can't delegate this. You better have a handle on the numbers. A is for Aspiration - to what do they aspire? Is ...
Just finished reading the set of papers titled Developments in Forecast Combination and Portfolio Choice, since it's due tomorrow. (I'm a bit lazy currently><)  Some of points I came to: The difficulty of calculating downside standard deviation of a portfolio: Hmm...I've never realized such is ...
"Historian among futurists" George Dyson recently visited the headquarters of Google, where the atmoshpere seemed inspiring to remind him of AI: Fifty years later, thanks to solid state micro-electronics, the von Neumann matrix is going strong. The problem has shifted from how to achieve ...
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