• 0 Posts
  • 32 Comments
Joined 1 year ago
cake
Cake day: August 7th, 2023

help-circle

  • I’m not debating. It is not a matter of opinion. I’m doing you the courtesy of informing you how the entire rest of the world uses the term.

    If action A looks for thing X, and it finds thing X, then the test is positive. If action A fails to find thing X, then the test is negative.

    If action A claims to find thing X, but later confirmation determines that thing X is not really there, then this situation is called “false positive”.

    If action A claims fails to find thing X, but later confirmation determines that thing X is actually there, then this situation is called “false negative”.

    That thing X may subjectively be considered an unwanted outcome has **nothing ** to do with the terms used.







  • After all these years I still don’t know how to look at what I’ve coded and tell you a big O math formula for its efficiency.

    I don’t even know the words. Like is quadratic worse than polynomial? Or are those two words not legit?

    However, I have seen janky performance, used performance tools to examine the problem and then improved things.

    I would like to be able to glance at some code and truthfully and accurately and correctly say, “Oh that’s in factorial time,” but it’s just never come up in the blue-collar coding I do, and I can’t afford to spend time on stuff that isn’t necessary.



  • None of the answers I’ve read so far actually answer your question with basic facts.

    When you invest then you are buying a tangible financial instrument: a share of a company or a treasury bill or a municipal bond and so on. There is the expectation that over time, the value of your financial instrument will increase in value but this is not guaranteed. The lack of guarantee is the risk. Some instruments are riskier than others. The level of risk does not define gambling.

    When you walk into a casino and bet money on roulette, what are you buying? You are buying nothing more than a fleeting chance at winning more money. It is entertainment by thrill. There is no tangible thing that you own from gambling.

    Investing is one way that companies can raise capital to expand their business. Business expansion can lead to greater employment and higher standard of living. For investing to work as an economic system there must be liquidity. Someone must be willing to buy your financial instrument later at a higher price or some town must still be collecting taxes to pay back your bond years later.

    Hopefully you can see now why investing is encouraged and supported in society and gambling is either illegal or merely tolerated.








  • Yes. I have worked in a financial company and a lot of teams in that particular company were structured with 2 or 3 Americans with no skills other than exposure to internal company info, the kind of stuff that should just be written down in a wiki somewhere. And when real work needs to be done they (metaphorically of course) drag an Indian contractor out of a cage who actually knows what’s going on and how to do anything. And they do it with disdain as if being a contributing member of society is a bad thing.

    Just being in a meeting with some of these teams made me feel like I was a Harkonnen from Dune.