Comment author: SolveIt 25 August 2015 08:45:05AM 5 points [-]

Upvoted because I think taking people's objections at face value is something we should be more open to. That being said, I'm a bit worried that the reason this has so many upvotes is because it tells us what we want to hear. (We're better than the common man! We have real interests and ambitions, not just staring into the water and waiting for a fish to bite!)

Comment author: SolveIt 19 August 2015 07:19:08AM 4 points [-]

How do you give an unplugged brain PTSD?

Comment author: RomeoStevens 13 August 2015 12:17:43AM *  3 points [-]

One problem as I see it is that Self-help as a community driven thing never really took off here. I think a big reason why is the perceived high bar to post quality. Self-help involves engaging with lots of idle weird ideas that don't work out before you hit on something useful. I'll also note that most of the online communities that really seem to be "communities" have an off-topic area that attracts a lot of posts where people feel free to be more casual. When brought up in the context of LW people point to the IRC chatroom, but that is a very different type of interaction.

Comment author: SolveIt 13 August 2015 06:53:18AM 2 points [-]

I would be in favour of an offtopic tab separate from Main and Discussion

Comment author: Lumifer 11 August 2015 02:30:50PM 0 points [-]

You imply that the market is zero-sum. Some markets are, but a lot are not.

Comment author: SolveIt 11 August 2015 04:11:26PM 0 points [-]

Correction: You would beat the market.

Comment author: [deleted] 11 August 2015 04:52:15AM *  0 points [-]

Yes, but I don't see why Paul thinks that's a good thing when you're actually not strong.

Usually, I think his advice is spot on, but in this case his advice that you want to signal that you're strong when you're actually not seems backwards. You don't want to be seen as a credible threat to competitors until you're ACTUALLY able to defend yourself.

In response to comment by [deleted] on Open thread, Aug. 10 - Aug. 16, 2015
Comment author: SolveIt 11 August 2015 06:46:37AM 2 points [-]

I have no experience with startups, but I imagine most startups fail because of apathy (from either customers or investors), rather than enemy action.

Comment author: [deleted] 11 August 2015 03:22:17AM 3 points [-]

This seems to me a clear case of reversing (most of) the causation.

In response to comment by [deleted] on Open thread, Aug. 10 - Aug. 16, 2015
Comment author: SolveIt 11 August 2015 04:41:16AM 4 points [-]

Which makes it a good target for signalling. If you want to seem strong, you get the domain.

Comment author: Lumifer 11 August 2015 01:04:18AM 3 points [-]

Then a person placing a dumb trade is creating a mispricing, which will be consumed by some market agent.

Well, that looks like an "offering to buy a stock for $1 more than its current price" scenario. You can easily lose a lot of money by buying things at the offer and selling them at the bid :-)

But let's imagine a scenario where everything is happening pre-tax, there are no transaction costs, we're operating in risk-adjusted terms and, to make things simple, the risk-free rate is zero. Moreover, the markets are orderly and liquid.

Assuming you can competently express a market view, can you systematically lose money by consistently taking the wrong side under EMH?

Comment author: SolveIt 11 August 2015 04:26:23AM 0 points [-]

It seems you shouldn't be able to, since if you had such a system you could use the complement strategy (buy everything else) and make money.

Comment author: RolfAndreassen 04 August 2015 04:56:46AM 1 point [-]

Not sure that generalises outside of math. Is it really better to solve one problem really, really thoroughly, than to have a good-enough fix for five? Depends on the problems, perhaps - but without knowing anything else, I'd rather solve five than one.

Comment author: SolveIt 04 August 2015 01:05:43PM 3 points [-]

I think the point of the quote is that in the first case you have five methods you can use to attack different problems. In the second case you only have one method, and you have to hope every problem is a nail.

Comment author: ChristianKl 04 August 2015 07:27:56AM 0 points [-]

Occam's razor has little to do with probabilities.

Comment author: SolveIt 04 August 2015 11:52:28AM 0 points [-]

Then why accept the simplest solution instead of say, the most beautiful solution, or the most intuitive solution?

Comment author: ChristianKl 03 August 2015 03:50:27PM 0 points [-]

Very few people reason in a way that uses probabilities.

Comment author: SolveIt 04 August 2015 12:15:04AM 0 points [-]

True, but I would consider the most common chain of reasoning for atheism (Occam's razor, therefore no God) equivalent to thinking in terms of probabilities even if probabilities aren't explicitly mentioned.

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