That is an interesting thought! I wonder if he did undertake some risk. I just emailed him, as I never properly thanked him. Maybe if he emails back I'll ask.
Also he negotiated a year off of our traditional 5-year vesting (at the time anyway) in the salt mine that is Microsoft, though he was never to take a position there himself.
I see no end to liquidity event horror stories. I'm so lucky.
I was so naive when I joined my first startup. When we were purchased, it came to light that the main guy never got around to signing my stock option agreement. He is a fucking mensch and signed it after the fact.
"The problem with Perl is that it tends to be a different language for every programmer."
Exactly. Larry Wall cited an analogy somewhere: if you want to know where to put walkways on a new campus, wait until pedestrians have worn trails into the grass and pave there. Perl docs repeatedly makes jokes along the lines of, "it does what you want, unless you want consistency. Bottom line, Perl was designed without predictability and consistency in mind. This makes it blazingly fast for development by one person, but the administrative overhead between multiple programmers balloons.
Because of a natural inclination to reduce the number of characters one uses, as you get comfortable with Perl you start taking more and more shortcuts. A singular moment in my long career occurred when I opened some old Perl code after leaving the language for a time. I stared for a long moment, dumbfounded. It was as if an alien had visited my computer and overwritten my code with what Wall has affectionately described as "line noise."
Also, I was awed by the feature set in Perl 6. I don't think any language outside of Lisp, C, and Smalltalk has had such profoundly new ideas. Pronouns in Perl 5 are still unique to my knowledge after 20+ years. Wall is wildly imaginative.
Perl is what made me realize, in the mid-90's, that OO is largely just a marketing term. A sufficiently powerful language provides whatever portions of OO you need a la carte.
Fiske's Cognitive Miser theory: "The theory suggests that humans, valuing their mental processing resources, find different ways to save time and effort when negotiating the social world." (https://en.m.wikipedia.org/wiki/Cognitive_miser) Such an indictment that this "science" can debate these topics with a straight face.
As Feynman said: "We've learned from experience that the truth will come out. Other experimenters will repeat your experiment and find out whether you were wrong or right. Nature's phenomena will agree or they'll disagree with your theory. And, although you may gain some temporary fame and excitement, you will not gain a good reputation as a scientist if you haven't tried to be very careful in this kind of work. And it's this type of integrity, this kind of care not to fool yourself, that is missing to a large extent in much of the research in cargo cult science."
From Wikipedia: "Her four most well-known contributions to the field of psychology are the stereotype content model, ambivalent sexism theory, the continuum model of impression formation, and the power-as-control theory."
"Recently, Fiske has been involved in the field of social cognitive neuroscience. This emerging field examines how neural systems are involved in social processes, such as person perception. Fiske's own work has examined neural systems involved in stereotyping, intergroup hostility, and impression formation."
I presume you speak Russian then? If so did you learn anything about the quotation? I Googled it just now and found... this page.
The best jokes defy explanation to some degree. A good example: the de facto definition of 'chutzpah' is, "To kill your parents and then ask the judge for clemency because you're an orphan." Not only is it funny, it's also the best available definition.
Experience proves that food critic is a legitimate job, and sure there's economic value in restaurant review. However in my utopia it would be a low-key affair. Zeal for watching men play a game or eating seems debased to me.
The remark about "my body is not my own" seemed unduly melodramatic.
I feel gratified that you mentioned this. Bulgakov's "Master and Margarita" obsesses about apartments. I suppose this is because financial opportunities were otherwise constrained. In this story at least cheating seems to have been the norm.
To paraphrase Oscar Wilde, fashion is so ugly it has to be replaced every six months. Though the Metropolitan Museum may be my favorite place on earth, I find a good portion of NYC to be repugnant. Nowhere have I seen such spineless obedience to trends and fashions. Many residents seemingly can't put on a tee shirt without worrying over it endlessly, and express a self-congratulatory air when they've gotten that tee shirt just right. They are delighted to wait for 1.5 hours to get a burrito because it's the right burrito, and the right line to be in to buy one.
Hearing this guy say "my body is not my own" made me twitch and I had to stop.
The difference between them and rabid football fans is a matter of degree, not quality.
"No one can really come up with any stories about his life that don't make him sound like a total dick so they cut the testimonial part short" killed me.
This is a good read. https://www.amazon.com/Extraordinary-Popular-Delusions-Charl.... Market participants often do know there's a bubble. However, if your neighbor keeps making more and more money selling tulips (that was a thing), then you will be tempted to buy some tulips yourself, knowing full well that you are commanding an absurd price.
Bubbles can be more "musical chairs" than rational pricing.
Please see my last comment, this is a debated topic.
However, I've read Mike Milken and, despite his warts, I believe he did radically improve capital allocation. So it certainly has happened over the years.
-- edit: I meant about Mike Milken
I grant that Google is more of a social good than Facebook.
Your claim that Goldman has contributed is a debated topic. Paul Krugman favorably mentioned a study that purports to demonstrate that Wall Street's endeavors are largely unproductive. I can't find it now unfortunately.
Besides introducing systematic risk, the sale of this software by Goldman smells fishy. Despite the Blankfein quote about maybe selling for $5 billion back in the day, if the software is what they purport it to be, wouldn't selling it be akin to Amazon licensing their product distribution to Walmart?
I've wondered what these million dollar per month programmers do on Wall Street. This really puts it in perspective.
On that note, it's completely depressing to see many of the best minds of our time working on shit software that adds nothing to society. Another swath of them are working on getting people to click on ads for Facebook and Google.
The US experiment with alcohol prohibition is an ominous precedent to the war on drugs. Prohibition caused organized crime in the US to flourish. When Prohibition was repealed, the machinery was in place, so it refocused on drugs, gambling, and extortion. So the war on drugs is a second wave effect, and we are responding in exactly the same way.
Clarence Darrow, in his autobiography, discusses his defense for Loeb and Leopold. L&L were wealthy Chicago teenagers who read Nietzsche and decided they were Ubermensch. They murdered a random boy to prove they could get away with it. Darrow argued that L&L would not consider murder again, and that their crime was something that would happen only once in 1,000 years.
I found this repugnant. Who more deserves prison than those two? But with reflection my views have softened. At least one of the two seems to have wanted to be good. He lived out his life in prison quietly, spending his time writing an ornithology book. I can no longer honestly say I believe that society as a whole was better served by jailing them. Perhaps they should have been given the chance to redeem themselves by becoming productive citizens, and the chance to earn back a measure of dignity. (Certainly repeat offenders should be deemed a menace and incarcerated for the public good.)
I feel the same confusion about Brock Turner, the Stanford swimmer who raped a woman behind a dumpster. There was a lot of outrage at his early release, but again I'm not sure the greater good is served by keeping him behind bars. I hope he will live in infamy for the rest of his days, as is just. But should he have stayed behind bars for longer, at the public expense? I can't give a really cogent reason why he should (I am not comparing his sentence to that of other rapists, or to that of other convicts by the way).
Also he negotiated a year off of our traditional 5-year vesting (at the time anyway) in the salt mine that is Microsoft, though he was never to take a position there himself.
I see no end to liquidity event horror stories. I'm so lucky.