I've experienced this paradox myself. The paradox is: why do I get all this evidence that I'm dumb while I believe I'm a genius?
There is a very simple way to resolve that paradox...
It might not be readily apparent, but MBTI is not a "personality test" in the sense you seem to think about it. Being INTP doesn't mean "socially awkward nerd", it is supposed to represent to a finer-grained description of the way your cognition works – for example the way you process...
Modeling in the context of speculation is really just about formalizing one's hypotheses. If you think for example some fundamentals like company assets are good predictors of future performance, you can try to test this hypothesis using historical data. It doesn't have to be short-term...
Tech companies nowadays are all like "Come join us! We're funky and hip because we're casual and we're wearing jeans at work. We have a pool table and even a fridge with free coke in it".
Fuck off. Just because you get to act like a bunch of manchildren doesn't mean you're not corporate slaves.
All prices in the market are dictated by expectations about the future. It wouldn't make sense to buy stock purely based on company assets. You typically don't get any of the assets as a share holder – most of them are distributed amongst the company's creditors (e.g. bond holders) if something...
I agree. I think my post was written by a sleep-deprived and nihilistic Serac.
I would rephrase Camus and say: The struggle itself is enough to fill a worm's heart. One must imagine the worm happy.
Whenever I hear someone say things like "I do this and that because I'm type x", that seems to me a result stemming from some deep, desperate urge to be certain about one's own personality, rather than the actual validity of these claims. They want to replace uncertainty with belief in baseless...
Caffeine can be a powerful tool. The problem is just that people misuse it and dilute its utility by taking it too often and at arbitrary times like for breakfast and at lunch (guilty of this myself – drinking coffee atm).
I remember working on this huge math problem at work once. Couldn't...
1: Chemistry professor, police officer, electrician
2: garbage man
I base this on human capital. None of the professions on #1 could have done the job of any other within that group, but all of them could have done the job of the garbage man without needing to acquire new skills/knowledge.
I would say cognitive psychology – e.g. research on cognitive biases by Tversky and Khaneman. It follows the principles of empirical science, in contrast to many other fields of psychology.
But I am mostly talking out of my ass right now, as this is third-hand information and I don't really...
One of my closest friends fits the ISTP category quite well. I'm pretty sure they think INTPs spend too much time thinking and philosophizing. They don't really see the point. On the other hand, I think they kinda respect it and tend to go to the INTP when they face problems which require a...
I remember checking out the INTJ forum once. It seemed that almost all of the activity there was in the dating & relationships section. There's some beautifully ironic and heartwarming poetry in that.
Sometimes quitting is the best option. If you fail as an alchemist, it doesn't help to watch more motivational videos and get all excited about "striving for success" and all that. Maybe it's the best option for most people who fail classes, I don't know. It's just that in this particular case...
I agree, except I tend to believe one cannot speak of "success" unless one has a destination to succeed towards. It's easy to get intoxicated with motivational talk about "success", as if success is a goal in itself.
A very important one: how to live in a capitalist society without becoming a corporate slave. Especially how to avoid working according to fixed hours and fixed monthly salaries.
Well, there would be many things that are unclear to me about this. Like, even though you have a method for finding "value", you still need to figure out whether the current market price is lower or higher than it should be. How do you figure that out? And how does one define "panic selling"...
I agree fully with Cogitant. I've had experiences where I have failed classes and then come back later and learned the subject better than any of my peers. Sometimes we do need a lot of time and deep thinking to distill concepts and see all the connections and implications. But when we...
I would have to admit I haven't had much exposure to value investing. But I am mostly just talking about various propositions regarding market volatility, risk and the general theory of trading and investment – these are general concepts that hold true regardless of the particular strategy. As...
I don't have an agenda, I just tell you that as someone who used to work in finance and done thousands of trades, in my opinion these ideas are quite simplistic and naive. When I say diversification doesn't work, I don't suppose you think risk can be completely removed. It's obvious that this...
What is a "good investment"? Do you suppose anyone in the market seeks to do bad investments? You can't just define a good investment as something that makes money no matter what and suppose you make that investment – this would imply you can magically predict the prices while nobody else in the...
I would say there are many deep flaws with these propositions, and an exposition of them is not an easy matter, but let me just point to the fact that you are looking at history from the vantage point of having observed the market repeatedly recover in an effective fashion. There is a...
Low risk? People seem to be forgetting that the market crashes at frequent intervals – last time in 2007 when it dropped 50%. Diversification is a bogus concept invented by economists.
Obviously you need to assume a certain return in order to justify this withdrawal rate. But I see from wikipedia that this SWR assumes a pure stock portfolio as the investment -- something no sane person would actually do.
Where do you get that 2-4% return though? There is obviously no way you get that from interest atm. Short term government bonds have negative yield in Europe and 1% in US.
This is assuming you actually want to sustain your wealth, of course...
Yeah me too. Sometimes, out of nowhere, I just find the whole situation I observe somehow comical. I remember sitting in some meeting once and I suddenly became aware of the comical peculiarity of it all – we're a bunch of people sitting in a small room together, making sounds with our mouths...
mathematics, statistics, computer science, machine learning, artificial intelligence, psychology, biology, physiology, evolutionary psychology, epistemology, history of science, and many others.
I heard this one trader once say that your only real "business card" is the card you put into the ATM. I think IQ is the same. The only thing that matters is the tangible results your produce with your brain. All this IQ stuff is just fluff, it's jerking off into thin air. It's fun for...
I like this analogy.
Other than that, it's quite obvious these tests can be gamed. It's a particular skill that can be improved upon just like everything else.
The most fucked-up music I have ever heard is from this band called Wolf Eyes.
Here is a fine selection of some of their masterpieces:
(I should actually warn that this "music" is quite unpleasant and is not recommended if you are of a sensitive disposition)
Read books with a lot of pictures in them.
On a serious note:
There is this self-help become-a-millionaire-in-40-steps guy called Tai Lopez who advocates reading one book a day or something like that. At some point he suggested just reading summaries of books. The idea to me is so bad that it's...
Clearly a complex and technical piano piece. I generally like complex piano music, so in that sense it appeals to me. But probably due to mere lack of exposure, I feel somewhat unfamiliar with the type of emotion that the music seeks to induce. To people of a certain kind of sensibility...
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