Never encountered anyone yelling? Do you work in credit risk? That's more sedate than trading. I sure as hell have had people yell at me at every Wall Street trading desk I've worked at. Here is a small sampling of incidents:
1) at an options trading desk by a future Forbes billionaire and his blonde assistant;
2) at a trading desk at Merrill Lynch when debugging the code of an options trader who was on his honeymoon cruise on the day his options were expiring;
3) at CitiBank by a random trader who angrily demanded that I fix something to do with Word Perfect--I had nothing to do with it.
This doesn't include violent outbursts by traders on the floor. I left Wall Street. I developed tinnitus and could no longer hear the yelling.
Occasionally I receive calls for HFT jobs from recruiters
who represent elite hedge funds.
Here is the typical exchange.
RECRUITER
You’ll be working with astronomically smart people. One
group uses crystalline cohomology to obtain the best
polynomial time approximation algorithms for
intractable problems in HFT. The engineer who did this
was an embryo prodigy who taught himself calculus
within ten to the negative sixty-seven seconds of conception.
ME
Is that the work you have in mind for me?
RECRUITER
No. You’ll be cleaning the group’s digital bed pans.
ME
Perhaps you should recruit a Nobel Laureate.
Thanks for calling.
Meanwhile admirers of the shoe attacker showered the anonymous young man with promises of everything from Nike trainers to replace his lost footwear, to iPads, sex and jobs.
I can understand an iPad, but what is he going to do with Steve Jobs?
Consider the BeBook Neo or Club readers. These will read many of the popular ebook formats.
Some libertarian-minded commenters here seem to think that Amazon is operating strictly within a "self-regulating" free market and ought to have the rights of private individuals and especially conservatives, who demand the freedom to ignore externalities. In fact Amazon actively engages in monopolistic practices and resists free markets. (I'll avoid the larger issue that Amazon depends deeply on government to ensure that markets it operates in function under controlled conditions, but resists acknowledging this and tries to avoid paying for the services it takes for granted, such as trademark, copyright, trade secret and patent protection--like many companies.)
I used to have an Amazon Kindle. They advertise low prices for electronic books. But those purchases are tied to an Amazon Kindle account, not to you. You cannot transfer a book you have read to someone else, as if it were a real book. The analogy between physical property and intellectual property breaks down. Amazon controls downstream copies of the electronic books you purchase from them. You pay $9.99 to Amazon for an ebook in the mistaken belief that you are saving money on the purchase of merchandise that purportedly behaves like physical property. In fact, that $9.99 helps Amazon stifle markets. If I sold you my Amazon Kindle with the books I purchased, and you re-registered the Kindle in your name, my books would vanish. It would be as if I sold you my bookshelf with books I purchased from Amazon, and Amazon removed the books once you claimed the bookshelf.
You could say that I agreed to whatever terms Amazon devised. Fine: not acknowledging that Amazon's monopolistic practices have nothing to do with free markets is ideology. And that is one reason why I am recommending the BeBook reader.
If linking is publishing, then the RIAA and MPAA are plagiarists, because they claim that something you published (a citation) violates their intellectual property. Their attempted identity theft by passing off a citation you wrote as if it were protected by their copyright is reason enough to avoid business with the companies they represent.
If linking is publishing, then citation is publishing [citation needed], and we are all guilty by transitivity.
There were around $15.8 billion in sales in "premium content" in 2010. No economist would consider this industry economically significant, but we have intellectual monopolists shrieking that piracy is shutting down the economy.
But stifling natural markets is destroying the economy: the intellectual monopolists demand control over all copies (of a piece of music, movie, article, etc). This limits your ability to sell or give away the copy you purchased. The downstream control of all copies of a copyrighted work is completely unlike physical property, so the analogy between intellectual property and physical property breaks down.
The phrase "linking is publishing" is misleading. Copyright protects specific forms of expression; unless the link occurs within the copyrighted page (and even in that case), it is a new form of expression. A link is a citation. The claim that citations violate the intellectual property of the owner of some cited work is worse than copyright violation: it is plagiarism. In this case, the intellectual monopolist is claiming that a work he did not produce, the citation, is his own. This is plagiarism, which involves identity theft--a social evil.
If "linking is publishing" then "citation is publishing" and we are all guilty by transitivity.
It is because intellectual monopolists like the music and movie industry want to make their plagiarism your copyright problem that I avoid listening to their music and watching their movies. Thanks to their efforts to limit competition, it's rubbish anyway.
My attempt join the Wikipedia community was prematurely cut short when an admin blocked a range of 8192 Verizon IP addresses. I found this out when attempting to edit my user page. My attempted appeal was summarily dismissed--there is no mechanism for distinguishing legitimate users from vandals. To add insult to injury, Wikipedia requires that the appeal remain on my talk page until the range block is lifted some time in 2011. Until then, I will not be donating to Wikipedia. There are plenty of other worthy causes.
Jeff Bezos does not want to be reminded about what he cannot have and is in a position to do something about it.
This is going to continue. Amazon removed Orwell from Kindles, censored WikiLeaks, and now this. I was absolutely right to cancel my account.
The surge of account terminations in protest over Amazon's treatment of WikiLeaks caused an outage after power needed for their data center in Europe was diverted to overloaded call centers outsourced by Amazon to the Indian subcontinent.
Some of us voted with our feet and closed our PayPal, eBay and Amazon accounts. This may have had an effect as well. I'm proud to have jettisoned PayPal in protest and urge others to do likewise. The news that PayPal is giving WikiLeaks its money hasn't made the Times, not surprisingly.
If you believe in limited government, then it follows that it's a matter of corporate policy whether to ship radioactive materials, which would be completely unregulated. The free market would decide where those rods would end up, and disclosing anything about them would be strictly determined be the effect on the bottom line.
I've completely opted out of flying commercially since 2001. That's a protest that allows me to vote with my wallet. It has transferred tens of thousands of dollars away from the airlines, and I expect that trend to continue.
Same here, only in my case it's more of a conscious effort than a behavioral trend that I happen to be monitoring.
I was being ironic: the market cannot solve all problems. I'm in favor of trademarks--a big government sponsored social program for business. I'm also in favor of copyright reform. For a reference on intellectual monopoly, I suggest Against Intellectual Monopoly a free online text by economists Michele Boldrin and David K. Levine. I also recommend their web site Against Monopoly.
Intellectual monopoly is the exclusive "...right to control how purchasers make use of an idea or creation." This refers to all copies of an idea or creation. Boldrin and Levine assert that "not only should the property rights of innovators be protected but also the rights of those who have legitimately obtained a copy of the idea, directly or indirectly, from the original innovator." It is an empirical and not an ideological question whether and to what extent creators should "...have the right to control how purchasers make use of an idea or creation." The evidence I've seen is that copyrights and patents overwhelmingly favor moneyed interests at the expense of innovators and at significant social cost.
PCMag is as much motivated by economic considerations as the RIAA. The difference is that PCMag is informing its readership and generating publicity for itself, while the RIAA is advertising its rent-seeking behavior and ignorance of the Internet. There is no way the article could be "unpublished" even if PCMag were to comply with these notorious intellectual monopolists.
I stand corrected: there is a Moodle activity called Memorycards under development. Still, the original SuperMemo should be kept in mind for perspective on what is desirable (and for perspective on what to avoid).
The lack of a spaced repetition-algorithm in Moodle--or any other course management system, such as Blackboard or Sakai--is a such a glaring omission that I wonder why no one has done it. SuperMemo, a Windows program written in Delphi, remains the best spaced repetition system for memorization despite an idiosyncratic user interface. Piotr Wozniak, the developer of SuperMemo, used it to learn English; an article in Wired mentions that Wozniak speaks perfect English despite never having set foot in an English-speaking country. In addition to SuperMemo, there are two open source spaced-repetition systems: Anki and Mnemosyne. But the algorithms have yet to be incorporated into online learning systems.
An extensive literature attests to the efficacy of spaced repetition algorithms, especially for learning language. I've used SuperMemo to make quick work of memorizing the FCC question pools for the General and Extra class amateur radio examinations. In fact, the program was so efficient that I was left with hardly any sense of accomplishment having used it to pass the exams.
The need for memorization algorithms is so obvious (I repeat myself) that I'm tempted to write a spaced-repetition plugin for Moodle myself.
It's called systemic risk--something that Bank of America and Merrill Lynch didn't manage very well in the events leading to the crash of 2008. Ireland should raise its taxes closer to the EU average and say good riddance to BoA.
It's refreshing to see arguments informed by empirical fact instead of ideologically motivated anti-tax dogma. We need to see the world's spreadsheet. It is counterproductive to rely on qualitative generalities about quantitative specifics.
Slashdot Mirror
This doesn't include violent outbursts by traders on the floor. I left Wall Street. I developed tinnitus and could no longer hear the yelling.
Occasionally I receive calls for HFT jobs from recruiters
who represent elite hedge funds. Here is the typical exchange.
RECRUITER
You’ll be working with astronomically smart people. One
group uses crystalline cohomology to obtain the best
polynomial time approximation algorithms for
intractable problems in HFT. The engineer who did this
was an embryo prodigy who taught himself calculus
within ten to the negative sixty-seven seconds of conception.
ME
Is that the work you have in mind for me?
RECRUITER
No. You’ll be cleaning the group’s digital bed pans.
ME
Perhaps you should recruit a Nobel Laureate.
Thanks for calling.
I can understand an iPad, but what is he going to do with Steve Jobs?
The Japan Earthquake thread in the nuclear engineering forum at physicsforums.com has become a more reliable and timely source of information on the stricken reactors at Fukushima than mainstream news sources, according to commenters posting from Japan. The latest news:Japan's Nuclear and Industrial Safety Agency says air may be leaking from theNo 2 and No 3 reactors at the Fukushima Daiichi power plant.Another example, as of March 30, 11 AM JST: Radioactive iodine 3,355 times legal limit found in seawater near plant. Another from March 30: IAEA Confirms Very High Levels of Radiation Far From Reactors.
April 11, 2011. The Japanese government's nuclear safety agency has decided to raise the crisis level of the Fukushima Daiichi power plant accident from 5 to 7, the worst on the international scale. Also, see this post from the physics forum. In each case, the news was available on physicsforums.com before publication in the mainstream press.
Let's hope that the Japanese government does not suppress this essential source of information.
Chicken Little has been vindicated at last!
Consider the BeBook Neo or Club readers. These will read many of the popular ebook formats.
Some libertarian-minded commenters here seem to think that Amazon is operating strictly within a "self-regulating" free market and ought to have the rights of private individuals and especially conservatives, who demand the freedom to ignore externalities. In fact Amazon actively engages in monopolistic practices and resists free markets. (I'll avoid the larger issue that Amazon depends deeply on government to ensure that markets it operates in function under controlled conditions, but resists acknowledging this and tries to avoid paying for the services it takes for granted, such as trademark, copyright, trade secret and patent protection--like many companies.)
I used to have an Amazon Kindle. They advertise low prices for electronic books. But those purchases are tied to an Amazon Kindle account, not to you. You cannot transfer a book you have read to someone else, as if it were a real book. The analogy between physical property and intellectual property breaks down. Amazon controls downstream copies of the electronic books you purchase from them. You pay $9.99 to Amazon for an ebook in the mistaken belief that you are saving money on the purchase of merchandise that purportedly behaves like physical property. In fact, that $9.99 helps Amazon stifle markets. If I sold you my Amazon Kindle with the books I purchased, and you re-registered the Kindle in your name, my books would vanish. It would be as if I sold you my bookshelf with books I purchased from Amazon, and Amazon removed the books once you claimed the bookshelf.
You could say that I agreed to whatever terms Amazon devised. Fine: not acknowledging that Amazon's monopolistic practices have nothing to do with free markets is ideology. And that is one reason why I am recommending the BeBook reader.
If linking is publishing, then the RIAA and MPAA are plagiarists, because they claim that something you published (a citation) violates their intellectual property. Their attempted identity theft by passing off a citation you wrote as if it were protected by their copyright is reason enough to avoid business with the companies they represent.
If linking is publishing, then citation is publishing [citation needed], and we are all guilty by transitivity.
There were around $15.8 billion in sales in "premium content" in 2010. No economist would consider this industry economically significant, but we have intellectual monopolists shrieking that piracy is shutting down the economy.
But stifling natural markets is destroying the economy: the intellectual monopolists demand control over all copies (of a piece of music, movie, article, etc). This limits your ability to sell or give away the copy you purchased. The downstream control of all copies of a copyrighted work is completely unlike physical property, so the analogy between intellectual property and physical property breaks down.
The phrase "linking is publishing" is misleading. Copyright protects specific forms of expression; unless the link occurs within the copyrighted page (and even in that case), it is a new form of expression. A link is a citation. The claim that citations violate the intellectual property of the owner of some cited work is worse than copyright violation: it is plagiarism. In this case, the intellectual monopolist is claiming that a work he did not produce, the citation, is his own. This is plagiarism, which involves identity theft--a social evil.
If "linking is publishing" then "citation is publishing" and we are all guilty by transitivity.
It is because intellectual monopolists like the music and movie industry want to make their plagiarism your copyright problem that I avoid listening to their music and watching their movies. Thanks to their efforts to limit competition, it's rubbish anyway.
My attempt join the Wikipedia community was prematurely cut short when an admin blocked a range of 8192 Verizon IP addresses. I found this out when attempting to edit my user page. My attempted appeal was summarily dismissed--there is no mechanism for distinguishing legitimate users from vandals. To add insult to injury, Wikipedia requires that the appeal remain on my talk page until the range block is lifted some time in 2011. Until then, I will not be donating to Wikipedia. There are plenty of other worthy causes.
Jeff Bezos does not want to be reminded about what he cannot have and is in a position to do something about it. This is going to continue. Amazon removed Orwell from Kindles, censored WikiLeaks, and now this. I was absolutely right to cancel my account.
The surge of account terminations in protest over Amazon's treatment of WikiLeaks caused an outage after power needed for their data center in Europe was diverted to overloaded call centers outsourced by Amazon to the Indian subcontinent.
Some of us voted with our feet and closed our PayPal, eBay and Amazon accounts. This may have had an effect as well. I'm proud to have jettisoned PayPal in protest and urge others to do likewise. The news that PayPal is giving WikiLeaks its money hasn't made the Times, not surprisingly.
Good thing he wasn't leaking classified documents or he'd be in real trouble.
What we CAN fix is buffoons who take a totally unrelated story and try to twist it to fit whatever ideology they want to push.
How do you propose to fix them?
If you believe in limited government, then it follows that it's a matter of corporate policy whether to ship radioactive materials, which would be completely unregulated. The free market would decide where those rods would end up, and disclosing anything about them would be strictly determined be the effect on the bottom line.
I've completely opted out of flying commercially since 2001. That's a protest that allows me to vote with my wallet. It has transferred tens of thousands of dollars away from the airlines, and I expect that trend to continue.
Same here, only in my case it's more of a conscious effort than a behavioral trend that I happen to be monitoring.
is only doing its hand job.
Reserved for epic Katrina-level FEMA failures. Brownie did a heck of a job.
I was being ironic: the market cannot solve all problems. I'm in favor of trademarks--a big government sponsored social program for business. I'm also in favor of copyright reform. For a reference on intellectual monopoly, I suggest Against Intellectual Monopoly a free online text by economists Michele Boldrin and David K. Levine. I also recommend their web site Against Monopoly. Intellectual monopoly is the exclusive "...right to control how purchasers make use of an idea or creation." This refers to all copies of an idea or creation. Boldrin and Levine assert that "not only should the property rights of innovators be protected but also the rights of those who have legitimately obtained a copy of the idea, directly or indirectly, from the original innovator." It is an empirical and not an ideological question whether and to what extent creators should "...have the right to control how purchasers make use of an idea or creation." The evidence I've seen is that copyrights and patents overwhelmingly favor moneyed interests at the expense of innovators and at significant social cost.
PCMag is as much motivated by economic considerations as the RIAA. The difference is that PCMag is informing its readership and generating publicity for itself, while the RIAA is advertising its rent-seeking behavior and ignorance of the Internet. There is no way the article could be "unpublished" even if PCMag were to comply with these notorious intellectual monopolists.
I stand corrected: there is a Moodle activity called Memorycards under development. Still, the original SuperMemo should be kept in mind for perspective on what is desirable (and for perspective on what to avoid).
The lack of a spaced repetition-algorithm in Moodle--or any other course management system, such as Blackboard or Sakai--is a such a glaring omission that I wonder why no one has done it. SuperMemo, a Windows program written in Delphi, remains the best spaced repetition system for memorization despite an idiosyncratic user interface. Piotr Wozniak, the developer of SuperMemo, used it to learn English; an article in Wired mentions that Wozniak speaks perfect English despite never having set foot in an English-speaking country. In addition to SuperMemo, there are two open source spaced-repetition systems: Anki and Mnemosyne. But the algorithms have yet to be incorporated into online learning systems.
An extensive literature attests to the efficacy of spaced repetition algorithms, especially for learning language. I've used SuperMemo to make quick work of memorizing the FCC question pools for the General and Extra class amateur radio examinations. In fact, the program was so efficient that I was left with hardly any sense of accomplishment having used it to pass the exams.
The need for memorization algorithms is so obvious (I repeat myself) that I'm tempted to write a spaced-repetition plugin for Moodle myself.
It's called systemic risk--something that Bank of America and Merrill Lynch didn't manage very well in the events leading to the crash of 2008. Ireland should raise its taxes closer to the EU average and say good riddance to BoA.
How well did that work out for Bank of America and Merrill Lynch?
It's refreshing to see arguments informed by empirical fact instead of ideologically motivated anti-tax dogma. We need to see the world's spreadsheet. It is counterproductive to rely on qualitative generalities about quantitative specifics.