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The most popular blog posts about tech industry & business on Hacker News. 8,981 posts.

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5014

Why is finance so complex? (2011)

Lisa Pollack at FT Alphaville mulls a question : “Why are we so good at creating complexity in finance?” The answer she comes up with is the “ Flynn Effect “, basically the idea that there is an uptrend in human intelligence. Finance, in this view, gets more complex over time because financiers get smart enough to…

5016

Some surprising things about DuckDuckGo

We have hundreds of easter-egg logos (featuring our friendly mascot Dax Brown) that surface when you make certain queries on our search engine. Our subreddit is trying to catch ‘em all. They’ve certainly caught a lot, currently 504, but we keep adding more so it’s a moving target. The total as of this post is 594. I’m…

5017

Quote Meritocracy Unquote

Meritocracy is a political philosophy that holds power should be vested in individuals according to merit. Advancement in such a system is based on perceived intellectual talent measured through examination and/or demonstrated achievement in the field where it is implemented.

5019

Apple's Unlawful Evil

Apple has removed ICEBlock, a totally legal app that helps people track the movements of the masked snatch-squads who illegally terrorize brown people in America's cities, capitulating to a warrantless demand from Trump's DoJ boss Pam Bondi:

5027

The Anatomy of Determination

September 2009 Like all investors, we spend a lot of time trying to learn how to predict which startups will succeed. We probably spend more time thinking about it than most, because we invest the earliest. Prediction is usually all we have to rely on. We learned quickly that the most important predictor of success is…

5028

Kelly Criterion (2007)

It’s fairly clear when one should buy a particular stock. One should buy stock when it is undervalued. What I have always wondered about is how much stock one should buy. A few months ago I stumbled upon the answer which is given by the Kelly criterion . It says that one should invest an amount to maximize one’s…

5030

NY Payroll Company Vanishes with $35M

MyPayrollHR , a now defunct cloud-based payroll processing firm based in upstate New York, abruptly ceased operations this past week after stiffing employees at thousands of companies. The ongoing debacle, which allegedly involves malfeasance on the part of the payroll company’s CEO, resulted in countless people…

5039

How Apple Works

Who takes over for Steve Jobs? 1 John Gruber recently posted his argument for thinking it will be COO Tim Cook. The biggest point in Cook’s favor is simple: “He’s already run the company while Jobs has been on leave.” That’s true, but it’s less meaningful than it sounds. But to understand why, you need to understand…