That's right. If you're going to fire someone you need to think of a better reason than what they do on their own time outside of work.
If they are careful enough to not run afoul of HR rules regarding employee conduct and having a Hitler-free work place then you have to try writing them up for poor performance or transferring them to someone else's department. For the tricky situation where you have appointed someone as CEO without first checking on their background it is customary for the board to either set impossible performance goals and then replace him when he doesn't meet them, or politely ask him to resign in exchange for a small but undisclosed amount of cash.
If all else fails just wait until he goes into space and then forge his signature on a letter of resignation while he's off-planet. It can't possibly go wrong.
I'd say, at the point where you started $5,000 short
Before that could be a problem you would have to have "forgotten to invest the money so that it appreciates by 4% per annum". If you made that mistake then perhaps financial planning really isn't for you.
Suppose that you just started University. Tuition and expenses run about $20,000 a year and you have $75,000 in a trust fund to pay for it all, so you should be able to make it through your four year program without having to go into debt. Yay!
After your first year you have around $57,000 left but your on-campus housing is shut down without warning. This raises your costs for the next year to $25,000 because you have to move into a more expensive place, but you can manage that.
By the start of the third year you are left with $33,000 and the school announces that they need to raise tuition because of a change in the education act so it's going to cost you $35,000 for your third year. By the end of the year you are $2,000 in debt and still don't have your degree.
Tuitions continue to rise and for your fourth year you end up paying $40,000. By the time you graduate you are over $42,000 in debt and wondering what went wrong. At what point did you "make some poor assumptions about [education] costs" and fail to set aside enough money to last four years?
Oh, wait. You don't, really. Because coal power plants aren't regulated the same way nuclear plants are they can just blow it into the air and forget about it. And if that coal ash just happens to contain enough radioactive Uranium 238 to power every nuclear power plant in the country with a few hundred tons left over, then so be it. At least they're not nuclear so that's okay, right?
Why does everyone blame the Republicans for this? They're just tools here.
The Republicans are being controlled by the Fred Birch Society who are in turn controlled by the Fiendish Fluoridators with help from the Boy Sprouts and the Moonies. At the centre of this web lie the Gnomes of Zurich who are well on their way to hoarding a hundred and fifty megabucks and winning the game.
My proposal (as someone how knows nothing about stock markets): make it a level playing field and only allow trading at say exact 30 second intervals or so, which should be synced world-wide. In this way, the big firms would only have an advantage over the small guy when new information becomes available in the last half second before the deadline, instead of on every instance of new information.
It's not a bad idea on its own, but it runs into the laws of physics with all the force of a coyote chasing a roadrunner.
Even if you assume that 90% of that traffic can be removed by dividing trading up into 30 second slices, you're still looking at more than twelve gigabits of market data that need to be somehow blasted out every thirty seconds to every trader connected to that market, instantaneously, and without allowing any players to gain an advantage by getting access to it and acting on it first. That's just not going to happen.
if someone put a Lamborghini on craigslist for $1, and someone else bought it before you, your order didn't vanish... it simply can't be placed. the offer is no longer valid.
And that's also nothing at all like HFT.
It's more like one person has offered a Lamborghini on craigslist for $300,000, another has offered one on autotrader for $310,000 and a third is on eBay for $325,000. You try to buy all three of them for you client, a legally bind racing enthusiast for whom this is a one week supply. The ads have been up for three days already so you send an offer to each of the sellers confident that you can get all three. A response comes back from eBay and you buy that car for $325,000, but someone else who just happened to be watching eBay at the moment you bought it quickly buys the other two cars in the time between your initial buy and the time that your offers arrive at craigslist and autotrader.
While you are wondering what just happened two new Lamborghinis show up on eBay for $325,000 each. You sigh, buy them, and try to think of a nice way to explain to your client that $935,000 in cars just turned into $975,000 in less than a tenth of a second.
The exploit used by high frequency traders isn't the fact that they are able to buy cars before you can, it's that they can spot your orders going into the market and front run on them before they can execute.
They finally listened when I secretly buried an empty directory called "kiddie porn" on one of the security managers user profile. Root access is awesome. The witch hunts stopped soon after.
Which reminds me, how has your job hunt been going?
"OK, Private, you know the enemy uses US civilians as human shields, and that's when we use the.50 caliber to make sure the bullet goes through the US civilian in order to get the terrist hiding behind him!"
"But I don't see anyone hiding behind any of those civilians!"
I'm sure you would have made it further than "Technician Second Class" if it hadn't been for that unfortunate incident with the gazpacho soup at Captain Hollister's table.
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That's right. If you're going to fire someone you need to think of a better reason than what they do on their own time outside of work.
If they are careful enough to not run afoul of HR rules regarding employee conduct and having a Hitler-free work place then you have to try writing them up for poor performance or transferring them to someone else's department. For the tricky situation where you have appointed someone as CEO without first checking on their background it is customary for the board to either set impossible performance goals and then replace him when he doesn't meet them, or politely ask him to resign in exchange for a small but undisclosed amount of cash.
If all else fails just wait until he goes into space and then forge his signature on a letter of resignation while he's off-planet. It can't possibly go wrong.
But which Bible could he trust?
Congratulations. You're one of today's lucky 10,000.
You've got the wrong moon.
Fortunately, they're not ethically allowed to subject their crew to that kind of thing.
Squids driving fast cars isn't such a great idea either.
Then it's either wrestling or it will be cancelled before the end of the season.
As much as I would like to see WilW succeed with this, I just can't picture him doing this while wearing a luchador mask.
I'd say, at the point where you started $5,000 short
Before that could be a problem you would have to have "forgotten to invest the money so that it appreciates by 4% per annum". If you made that mistake then perhaps financial planning really isn't for you.
and then assumed that tuition wouldn't go up.
...by 100% by the time you finish.
Suppose that you just started University. Tuition and expenses run about $20,000 a year and you have $75,000 in a trust fund to pay for it all, so you should be able to make it through your four year program without having to go into debt. Yay!
After your first year you have around $57,000 left but your on-campus housing is shut down without warning. This raises your costs for the next year to $25,000 because you have to move into a more expensive place, but you can manage that.
By the start of the third year you are left with $33,000 and the school announces that they need to raise tuition because of a change in the education act so it's going to cost you $35,000 for your third year. By the end of the year you are $2,000 in debt and still don't have your degree.
Tuitions continue to rise and for your fourth year you end up paying $40,000. By the time you graduate you are over $42,000 in debt and wondering what went wrong. At what point did you "make some poor assumptions about [education] costs" and fail to set aside enough money to last four years?
Or perhaps you could express the amount of radiation leaked by a nuclear plant by comparing it to the normal operation of a coal power plant.
On average, a nuclear plant leaks about 10 milli-coal-plants worth of radioactive material. Which is why you see the coal industry being hit with billions of dollars in cleanup costs every time they dump radioactive uranium and thorium in the form of coal ash.
Oh, wait. You don't, really. Because coal power plants aren't regulated the same way nuclear plants are they can just blow it into the air and forget about it. And if that coal ash just happens to contain enough radioactive Uranium 238 to power every nuclear power plant in the country with a few hundred tons left over, then so be it. At least they're not nuclear so that's okay, right?
When every other candidate is certifiably loopy, there's a pretty low bar for competing with them.
Toronto mayoral candidates are currently running on platforms of smoking weed in office but not crack, getting publicly drunk without threatening to kill anyone, and only urinating in public where there are no cameras around.
Sadly, all of these promises put them ahead of the incumbent.
Why does everyone blame the Republicans for this? They're just tools here.
The Republicans are being controlled by the Fred Birch Society who are in turn controlled by the Fiendish Fluoridators with help from the Boy Sprouts and the Moonies. At the centre of this web lie the Gnomes of Zurich who are well on their way to hoarding a hundred and fifty megabucks and winning the game.
My proposal (as someone how knows nothing about stock markets): make it a level playing field and only allow trading at say exact 30 second intervals or so, which should be synced world-wide. In this way, the big firms would only have an advantage over the small guy when new information becomes available in the last half second before the deadline, instead of on every instance of new information.
It's not a bad idea on its own, but it runs into the laws of physics with all the force of a coyote chasing a roadrunner.
The NYSE market feed alone, not including any of the related markets, peaks at somewhere around one gigabit per second nowadays, and is projected to push over four Gb/s by this summer.
Even if you assume that 90% of that traffic can be removed by dividing trading up into 30 second slices, you're still looking at more than twelve gigabits of market data that need to be somehow blasted out every thirty seconds to every trader connected to that market, instantaneously, and without allowing any players to gain an advantage by getting access to it and acting on it first. That's just not going to happen.
if someone put a Lamborghini on craigslist for $1, and someone else bought it before you, your order didn't vanish... it simply can't be placed. the offer is no longer valid.
And that's also nothing at all like HFT.
It's more like one person has offered a Lamborghini on craigslist for $300,000, another has offered one on autotrader for $310,000 and a third is on eBay for $325,000. You try to buy all three of them for you client, a legally bind racing enthusiast for whom this is a one week supply. The ads have been up for three days already so you send an offer to each of the sellers confident that you can get all three. A response comes back from eBay and you buy that car for $325,000, but someone else who just happened to be watching eBay at the moment you bought it quickly buys the other two cars in the time between your initial buy and the time that your offers arrive at craigslist and autotrader.
While you are wondering what just happened two new Lamborghinis show up on eBay for $325,000 each. You sigh, buy them, and try to think of a nice way to explain to your client that $935,000 in cars just turned into $975,000 in less than a tenth of a second.
The exploit used by high frequency traders isn't the fact that they are able to buy cars before you can, it's that they can spot your orders going into the market and front run on them before they can execute.
It gets better. Would you believe that people who actually are suspected terrorists are kept off of the list to avoid tipping them off?
Are you saying that 10,000 people just heard about Waze today, or that 10,000 people just discovered the power of lazy copy writing?
Not only that, but there are only seven paragraphs which don't repeat things -- The last two and the first five.
And if you're really serious, you can drop enough so that a man could walk from Greenland to Iceland to Scotland without getting his feet wet.
By the way, his ex-wife Marlena has a message for him.
I think he meant the one outside of the capitol building where all of the super mutants are holed up in trenches.
They finally listened when I secretly buried an empty directory called "kiddie porn" on one of the security managers user profile. Root access is awesome. The witch hunts stopped soon after.
Which reminds me, how has your job hunt been going?
"OK, Private, you know the enemy uses US civilians as human shields, and that's when we use the .50 caliber to make sure the bullet goes through the US civilian in order to get the terrist hiding behind him!"
"But I don't see anyone hiding behind any of those civilians!"
"They can be tricky. Start shootin' anyway."
I'm sure you would have made it further than "Technician Second Class" if it hadn't been for that unfortunate incident with the gazpacho soup at Captain Hollister's table.
You won't run across any problems caused by dynamic typing. What strange and unusual approach did you take?
Posting on Slashdot about it, apparently.
Team Zuck has been trying to find something that is more of a hack than PHP, but couldn't. So they invented one.