Best of 2018

The blog posts Hacker News loved most in 2018. 817 posts.

Tech Industry & Business
514

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…

526

Wooden bikes

WOODEN BIKES Do they break easily?Can they withstand rain?Can they be compared to regular bikes? – Questions similar to these are completely logical and expected since wooden bikes aren't too common. We have had the same questions and concerns ourselves and have tried our best to answer them. Not so long ago we even

537

Taxation of Carried Interest

The issue of how to tax carried interest, the profit sharing interests that VCs, Private Equity firms, and Hedge Funds receive as compensation for generating returns to their investors, is in the news again. This time it is not a debate at the Federal level, but at the state level. There are carried interest taxation…