I did not realized that “Learning Theory from First Principles” has been published. It is still freely available. I really like this book, for its choice of topics. It covers everything that matters.
Nick Patterson, formerly with Renaissance Technologies: "...the most important thing to do in data analysis is to do the simple things right. So, here's a kind of non-secret about what we did at Renaissance: in my opinion, our most important statistical tool was simple regression
Basic hedge fund economics 🧵. N.B.:
1. for educational purposes only and I will keep it super-simple
2. ofc, personal views
3. No soliciting! I am not coming to defend hedge funds, just to explain some basics. And I am not going to answer replies on the Current Thing.
1/
McCarthy read 300 books to research Blood Meridian. And it sold 1883 copies when it came out.
Life is a linear diffusion with drift. Looks like brownian motion at short time scales. But it's a straight line when you zoom out.
When we sat down with @alexandr_wang at Meta Connect 2025, he shared his advice for young people:
“If you’re 13 right now, you should spend all your time vibe coding. This is the Bill Gates, Mark Zuckerberg moment. The people who grow up with these tools will have an immense