Sublime
An inspiration engine for ideas
A Reddit user deposited $400 into Robinhood, then let ChatGPT pick option trades. 100% win reate over 10 days.
He uploads spreadsheets and screenshots with detailed fundamentals, options chains, technical indicators, and macro data, then tells each model to filter that information and propose trades that fit strict... See more
Remembering Daniel Kahneman: A Mosaic of Memories and Lessons - By Evan Nesterak - Behavioral Scientist
Evan Nesterakbehavioralscientist.orgscience, the tension between exploration and exploitation takes its most concrete form in a scenario called the “multi-armed bandit problem.”
Brian Christian • Algorithms to Live By: The Computer Science of Human Decisions
Jim Simons didn't want finance majors at Ren Tech. He believed they brought bias, not breakthroughs. Instead, he built his team with PhD’s in physics, math, and computer science.
The result? A hedge fund with 39% average annual returns and one of the best track records in history.
ₕₐₘₚₜₒₙ — e/accx.com
We are happy to release the first results of a RCT of a US program that provided $1,000/month unconditionally for 3 years to 1,000 individuals in the treatment group, with a group of 2,000 people receiving $50/month serving as the control.
These are sizable transfers. 1/ 🧵 https://t.co/B0NXCc4Kwh
Two University of Zurich researchers were equally curious: The Swiss nuclear incentive study, titled “The Cost of Price Incentives: An Empirical Analysis of Motivation Crowding-Out,” was conducted by Bruno S. Frey and Felix Oberholzer-Gee. It was published in the American Economic Review 87 (1997): 746–55. forty students sat with number 2 pencils:
... See moreOri Brafman • Sway: The Irresistible Pull of Irrational Behavior
But it can also go the other way. What economics has missed is that adding an incentive—a fine or a bonus—may be subtracting something else, the individual’s sense of responsibility, or obligation, or intrinsic pleasure.
Jessica C. Flack • Worlds Hidden in Plain Sight: The Evolving Idea of Complexity at the Santa Fe Institute, 1984–2019 (Compass)
