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WAIT, WDYM THERE'S PUBLICLY AVAILABLE PRODUCTION ART FOR DAY OF SIGMA? THESE ARE SO COOL??
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A Stanford professor took two average stocks, rebalanced them daily, and turned $100,000 into $7 million without predicting a single price.
Bookmark & watch today, no matter what.
Readers added context they thought people might want to know
Thomas Cover's example used two specific volatile stocks; the ~$7M from $100k is the best hindsight constant-rebalanced return on 1963-1985 data, not his causal universal portfolio's result.
youtube.com/watch?v=wsd8ns…
gwern.net/doc/statistics…
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The Bible literally tells you to GATEKEEP yourself from the wicked and their ways.
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Ex Goldman Sachs trader on how your trading life reflects your personal life.
harbi abartmıyorum 2 dakika yaptım boynumdaki ve sırtımdaki tüm kemikler sırayla çatır çatır dizildi dimdik geziniyorum evde
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Corruption is not bad, corruption is only bad if I'm not involved, but if I'm part of that corruption, I'll / I will defend it
Tom Holland Revealed the ONE Word His Dialect Coach BANNED Him From Saying in America
Tom Holland discovered that playing an American teenager required him to unlearn something he’d been saying his entire life.
“When Tom started filming American characters, there was one tiny problem his dialect coach immediately noticed.”
“He was being WAY too polite.”
“Tom explained that ordering food in England is completely different.”
“You don’t just say, ‘I’ll have the number two.’”
“You say…”
“Please, may I have the burger with number two? Thank you so much, please. Thank you, thank you, thank you…”
“Tom said his dialect coach would literally walk onto set and tell him…”
“Stop saying please.”
“Because a kid from New York isn’t going to politely ask for a burger.”
“And Tom realized just how deeply British he’d become.”
“There was even a scene where someone asked him for a coffee.”
I sell mostly to Americans and I'm European. The distance teaches you things people inside can't see.
Americans buy at 11pm from an ad they saw 8 seconds ago. The order is in before the video ends. No European buyer does this. A German needs 40 reviews and a week of thinking; an American needs the checkout to load fast enough to beat the impulse fading.
Returns are a lifestyle, priced in like weather. An American orders three sizes, keeps one, and feels nothing. First month selling US clothing, our return rate made me think something was broken. The volume made up for it before I finished worrying.
Reviews work backwards from Europe. Europeans read the 1-star reviews to find the catch. Americans read the 5-star reviews to get hyped for what they already decided to buy. Social proof sells the dream over there; in Europe it survives an audit.
Shipping speed is identity. A Swiss buyer tolerates 8 days if you're honest about it. An American at day 5 opens a dispute, because Amazon trained an entire nation that waiting is an insult.
And the one nobody believes until they sell there: Americans WANT to be sold to. A hard pitch that would make a Scandinavian close the tab makes an American pull out the card. Selling is a service over there. It's a crime over here.
Wrote about the European versions of this a month ago. Same products, same photos, entire different species of buyer. The operators losing money in the US are running European instincts on American demand.
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nothing will destroy your well-being as quickly as thinking
You need to be ignoring 99% of your thoughts































