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Comment If nothing happens it becomes negative feedback (Score 1) 161

Trump says X, traders jump on positions that would benefit from X to try and get out in front. However other than the speculative betting there isn't much movement. Then X doesn't happen, so there is no long term movement. The traders disengage from their positions trying to take as little loss as possible.

This happens over and over and more will learn that acting just loses you money. It's why markets don't do fuck-all in response to Alex Jones. It isn't like his message isn't out there for the world to see, and actually more widely watched than I can fathom, but they don't believe anything will happen based on it so trying to get a first mover advantage can't happen.

You only gain an advantage by getting in first if the move happens. If it doesn't, at best maybe you can get out without a loss but usually you are going to take a hit to some degree. Thus you act only on those things that are likely to generate a move.

Traditionally, things the president said would qualify. However Trump is anything but traditional. He shoots his mouth off all the time, regularly contradicts himself, and changes his mind often.

Comment Well with the "elite" schools it is often not that (Score 3, Insightful) 304

For a regular school, particularly state school, then yes it gets stacked a lot by test scores and other academic indicators. The better you do academically, the more they are interested in you and the more money they'll try to give you to get you to attend.

However the "elite" schools have a whole bunch of good old boy shit going on. If you look at admissions in to places like Harvard you find that there are some legitimately top performers who come in, but a whole lot who are not and are instead connected some way. They are kids of alums, politically connected, rich, whatever. They are the "right kind of people" and so get the invite.

That's also the reason why parents want kids to go there is the connections. You don't get a better education at Harvard overall. Any university with a good program will do at least as well, and in plenty of disciplines there are schools ranked far better. However it further gets you in to the old boys club and gets you connections to people that gets your opportunities that would not otherwise be available later in life.

Comment And in fact you do the opposite (Score 5, Insightful) 270

You have a plan should you get killed or otherwise be unable to provide the passwords. Where I work, in addition to there being more than one IT staff, all the passwords are safely locked away where the Dean can get at them, if needed. We make sure that even if we are all gone, whoever comes after can get access.

These days the university has policies to that effect but we did it before then because that is what you do. You have a disaster plan, and that plan includes what happens if you aren't around.

Comment Re:... move to a shared, distributed database ... (Score 2) 109

unless, of course, you manage to get a majority of the people to record it incorrectly... but gee, that's impossible, right?

I do hope you're being sarcastic; it's easy to imagine an implementation of replication with a security hole that allows a falsified entry to propagate to all the nodes quickly and efficiently.

Comment No, he wasn't (Score 2) 792

Assanage's offer was always empty, given that the US isn't after him, at least not publicly. Now he contends that the US wants to get him in secret, though he's presented no evidence of this and of course one would have to question if they'd agree to a public deal for something secret.

Assanage is wanted by Sweden and the UK. Sweden for a sexual assault case, and the UK for skipping bail in that case. The US has not filed any charges against him, though I'm quite sure they don't like him. If he left the embassy he would be arrested by the UK and shipped off to Sweden. Or they might not send him off, since he's broken UK law by skipping bail and try him there for that crime, then ship him off once she's served his sentence.

So this was always a stunt.

Comment Re:What about Scheme? (Score 1) 204

And really [Objective C] in the above list exist only because Apple decided they wanted to try for developer lockin.

Objective C was developed by Brad Cox and Tom Love at their then company Stepstone. It was then used by NeXT for NextStep. It got into Apple only because NeXT was bought by Apple and NextStep was the basis for Mac OS X. It had nothing to do with developer lock-in.

Comment Re:Well, duh. Mass transportation is a slush fund. (Score 3, Informative) 408

It may work eventually, but it's a boondoggle for construction companies and mayors/governors.

So I must have been just dreaming when I thought I remembered zipping from London to Paris in just over two hours and sending emails from under the Atlantic seabed.

Your response is strange; the article and the GP are about cost overruns not whether the project is completed or not. The Chunnel did indeed overrun by about 80%.

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