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georgeecollins

6688

Karma

2012-07-04

Created

Recent Activity

  • I'm old, so I am a stopped clock. However, I have invested my whole life including good times and bad. I believe that for a retail trader -- someone who doesn't get paid to trade other people's money-- options are bad. OK yes there are special cases like when your job requires you to hold a lot of one stock etc. I'm not going to make the case why here I am sure it has been argued to death.

    I do remember smart friends getting interested in options at different times in the last thirty years because they make higher returns. Then they have a period where make lower returns, or have a real problem. I don't think its worth the attention and the trading cost for most people, even people who understand what a short is. You can't argue with a person who has been doing really well with them for five years but it always seems like people stop.

  • I second that! This is also how I feel about Raspberry Pis. There's so much they can't do, and yet in a way they can do everything. It's not the power of the machine, its about how much control you have or how close you can get to the metal. At least that way you learn about why you need more powerful hardware.

    Chrome books and phones teach nothing.

  • This is sensible advice for most people. I see some thoughtful quibbles but I wish you weren't down voted. If you are a normal retail investor, please listen to pocksuppet.

  • Because so much infrastructure is in humanoid form. If you can make something that can manipulate two hands on arms that are positioned and moved like human arms, you could just put that torso into a lot of situations to replace a human without a lot of retooling. That's the dream I think.

  • I agree that AI is not as good as people at being entertaining. And everybody looked at putting LLMs in their games as GDC circa 2022 or so. It seemed like a good idea until you realized the server cost or the performance hit. So this is right.

    But.. as someone who works in the business of games.. how sure are you that AI hasn't been there all along in ways you may not realize? Companies are very disincentivized to let you know when they are using it.

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