Sasti

1.2K posts

Sasti

@Sasti_cs

Katılım Temmuz 2020

1.5K Takip Edilen398 Takipçiler

Sasti retweetledi

AIN@Tejusurya_·2d

Those 100+ UP storm victims opening Twitter in heaven only to see “saddened by loss of life in China”

Narendra Modi@narendramodi

Saddened by the loss of lives in a mining accident in Shanxi Province in China. On behalf of the people of India, my condolences to President Xi Jinping and the people of China. May the bereaved families find strength in this tragic hour. Praying for the early and safe recovery of all remaining missing persons.

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Sasti@Sasti_cs·26 Nis

@anuranjan @aviralbhat AI models do jack shit when it comes to quant trading.

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Anuranjan@anuranjan·25 Nis

@aviralbhat Its even crazy when you realise these 3,500 employees can be reduced further as the models get better.

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Aviral Bhatnagar@aviralbhat·25 Nis

Jane Street posted an operating profit of $35 B last year Quant firm employing 3,500 has the operating profit of SBI + HDFC + ICICI, which employ 5.7L or 170x JS' base Profit per employee has been maximised to the moon by incentivising talented people to seek profit

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Sasti@Sasti_cs·22 Oca

@venkat_fin9 @sulaimanghori Because he went and shared sensitive internal info on a podcast

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Venkatesh Alla@venkat_fin9·19 Oca

@sulaimanghori Why?

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Sulaiman Khan Ghori@sulaimanghori·19 Oca

I have left xAI Nothing but love to my former team and coworkers!

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Sasti@Sasti_cs·14 Ara

@TDM_Jesus This is some insane shit

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Sasti@Sasti_cs·28 Kas

@Akshat_World You forgot something, the debt interest is indeed paid back. But since US gov is in fiscal deficit, they issue even more debt(bonds) amd suck out even more liquidity from the market.

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Akshat Shrivastava@Akshat_World·28 Kas

Why the rich get richer. And, the poor gets poorer? Well, this is called K-shaped (where 1 segment of the society gets richer. The other segment -- the downward sloping part of K -- doesn't grow). Most folks, don't understand WHY this happens. And, what it means for you:- - Well many reasons. Here is 1 line of thought - US has too much debt - It will make 1Tr$ of debt repayment just in "Interests" over the next 1 year. - That's 1Tr$ more in the system. - Who gets this 1Tr$? Credit worthy clients (eg. top firms, rich guys etc) - What will they do with it? buy more assets (assets= things that generate higher returns) - What type of assets? - First, growth assets (businesses that can grow fast- NVIDIA, MSFT, Stocks etc) - Second, fixed supply assets (land, gold, BTC etc) - Who doesn't get debt? people who are not credit worthy. They try their level best to save. - They give their money diligently to bank. Keep money in FD's etc. Hoping that their money beats inflation. - But, as more debt is printed: asset prices grow faster than savings deposit rate. - One segment grows, the other doesn't. Someone's debt is someone's asset. The one who gets to control the asset makes money. Lesson for you (& me): learn about debt, don't fear it. But, people who actually understand finance: make money :)

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sysls@systematicls·20 Kas

Want to understand how the best models in Numerai crush the competition every era? 🧵 Cue: Feature Exposure Feature Exposure is a diagnostic metric measuring how much your model depends on specific features. High exposure creates regime-dependent performance and should generally be reduced. Feature Neutralization is the technique for reducing exposure by removing linear feature relationships from predictions. It: 1) Uses pseudoinverse projection to residualize predictions 2) Preserves higher-order interactions while removing direct effects 3) Can be tuned via proportion parameter and feature selection The Core Trade-off: Lower exposure = more consistent performance but potentially lower correlation. The goal is finding your optimal balance. Best Practice: Selectively neutralize to the riskiest features with a tuned proportion parameter, rather than fully neutralizing to all features. --- This is the TLDR of feature exposures. Liked what you read? Let's strike a deal. > You RT > I get 100 retweets > I publish the full write-up below this

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Sasti@Sasti_cs·13 Kas

@aarshps @LOLrakshak x.com/grok/status/19…

Grok@grok

Yes, a CBI probe confirmed that Bhole Baba Organic Dairy in Uttarakhand supplied 68 lakh kg of spurious ghee worth ₹250 crore to Tirumala Tirupati Devasthanams from 2014-2019. The dairy never procured milk or butter, instead fabricating documents and setting up a fake production module using adulterants. Reports from sources like Times of India and Economic Times detail these findings from the official investigation.

QME

Aarsh@aarshps·11 Kas

@LOLrakshak It's likely they bought milk/butter from other dairies/suppliers and processed it into ghee, or they imported raw material. The dairy didn't procure the milk, the company did. Non-biological is a funny term though!

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Kajol Srinivasan@LOLrakshak·11 Kas

A dairy in Uttarakhand which never procured a drop of milk or butter from anywhere, managed to supply 68 lakh kg of ghee worth ₹250cr to Tirupati trust. Congratulations India, we now have non-biological ghee.

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Sasti retweetledi

Gappy (Giuseppe Paleologo)@__paleologo·10 Kas

So beautiful and true. By the time he left academia in his mid-forties, Grothendieck had written more than 12,000 pages of pure Math. Afterwards he wrote about 10,000 pages more, interspersing math, deeply poetic thoughts, and delirium. Lives can be tragic and yet not misspent.

Yaashaa Golovanov@Golovanov_ammoc

“The role of writing is not to record the results of research, but is the process itself of research.” —Alexander Grothendieck, the greatest French mathematician of the last, century

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Sasti@Sasti_cs·10 Kas

@HedgingDelta @HedgieMarkets It's exponential and even then, you can can't make decisions based on a particular or small sample of individuals. Like does Warren buffet's spending representative of how billionaires spend money ?

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Sasti@Sasti_cs·10 Kas

@HedgingDelta @HedgieMarkets See, since you are be a member of top 10%, the granularity is top 10% vs bottom 90%. Now it doesn't necessarily mean that top 5% is consuming equal to 5-10%, that's another granularity. Similarly top 1% is not consuming 1/4th of 1-5% of top earners/wealth owners.

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Hedgie@HedgieMarkets·8 Kas

🦔A dotcom-style AI crash would wipe out $7 trillion in US household wealth and $16 trillion in total American stock value. About $42 trillion, or 20% of Americans' total wealth, is in American stocks, up four percentage points since the dotcom era. The top 20 S&P 500 firms now account for 52% of total value, with eleven deeply invested in AI. In 2000, the top 20 made up just 39%. The Wealth Effect Economists estimate every $100 drop in stockmarket wealth leads to a $3.20 drop in consumer spending. Under this assumption, a dotcom-style crash would cut American consumption by $890 billion, or 2.9% of GDP. Foreign investors hold $18 trillion worth of American shares, meaning contagion spreads globally. Nvidia alone reached $5 trillion valuation, accounting for 8.2% of the S&P 500. OpenAI is reportedly laying groundwork for a $1 trillion IPO. My Take I see the concentration as the critical risk. The top 20 firms accounting for 52% of S&P 500 value versus 39% in 2000 means the market is more top-heavy than the dotcom peak. When I look at household wealth exposure increasing from 17% to 21% in stocks, that's millions more Americans vulnerable to a correction. The $890 billion consumption drop from a dotcom-style crash would hit an economy where the richest 10% already drive 50% of spending and consumer sentiment just hit near-record lows. What makes this different from 2000 is we're not just wiping out speculative tech investments. We're hitting the core holdings funding retirement accounts and household balance sheets that prop up consumption. The wealth effect works in reverse too: when stocks fall, spending contracts, which pressures corporate earnings, which drives stocks lower. That feedback loop in today's concentrated, top-heavy market creates the conditions for rapid deleveraging we've been discussing. Hedgie🤗

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Sasti@Sasti_cs·10 Kas

@trooperthorn7 @thehonestlypod @TheFP These are some great recommendations, thanks mate

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Honestly with Bari Weiss@thehonestlypod·30 Eki

Former Princeton professor Shilo Brooks would start class by telling his students they were boring: “Y’all are boring as hell . . .and the only way you become interesting is to have ideas that are not your own boring, ignorant ideas. What that means is that you need to read people whose ideas have endured because they stand for something. “Expose yourself to the best that has been thought so you can become a person who has novel ideas based on arguments that other people who aren’t readers have never heard. You need to have some rough edges. When you walk into a room, don’t be an empty suit.” Full conversation with @BariWeiss: thefp.pub/3WwhOpk

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Mohammed Zubair@zoo_bear·8 Kas

Meet Mr. @prabhatkumarbjp 1. On Nov 8th, He casted his vote in Bihar. 2. On 23rd January, 2025, He voted in Uttarakhand during Dehradun Municipal Corporation election. 3. On 19th April, 2024, He voted in Uttarakhand during Lok Sabha Election. 4. On 14th Feb, 2022, He voted in Uttarakhand during Assembly Election. 5. On 11th April, 2019, He voted in Uttarakhand during Lok Sabha Election. 6. On 18th Nov, 2018, He voted in Uttarakhand during Dehradun Municipal Corporation election.

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Sasti@Sasti_cs·9 Kas

@sankiyer By lining pockets

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K Sanjay Iyer@sankiyer·8 Kas

Isn’t the owner of ZScaler another Indian origin American Modi Bhakt ? How are these vendors getting chosen w/o any public tender & competitive bidding?

Praveen Chakravarty@pravchak

First, emails of 12 lakh govt staff were shifted from govt owned NIC to BJP worker owned Zoho For better service & to promote Indian tech, the govt said Now, staff have been told to use ZScaler, a US firm’s product, as security layer👇🏽 So, emails of all senior govt officers with confidential & sensitive information will now be under the security control of a California company ! 1: Why is security of Indian govt staff’s email given to a US firm? 2: Why was Zoho chosen in the first place if they didnt have a good security layer? Just so its a firm owned by a BJP worker?

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Praveen Chakravarty@pravchak·8 Kas

Praveen Chakravarty@pravchak

Modi govt forcing use of Zoho email. Is it to 1: Better security? 2: Promote swadeshi? If 1, Zoho itself claims it’s less secure than other products If 2 i: why only email & not cars etc? ii: why Zoho & not NIC/others? Only matter of time before govt changes & this is reviewed

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Hedgie@HedgieMarkets·6 Kas

🦔Deutsche Bank is exploring hedges for its billions in AI data center exposure, including shorting AI stocks and buying default protection on debt. The bank's investment banking business "bet big" on data center financing, but executives now discuss managing exposure as concerns mount that a bubble is forming with some likening enthusiasm to the dotcom crash. The Contradiction Deutsche has lent predominantly to businesses servicing hyperscalers like Alphabet, Microsoft, and Amazon, with debt secured against long-term contracts. The bank provided debt financing to EcoDataCenter and 5C, who raised over $1 billion combined. Yet Deutsche analysts said in late September that bubble concerns were overplayed, concluding "one AI bubble has already burst, the bubble in saying there's a bubble." Now executives explore hedges for billions in exposure. My Take Deutsche Bank's public analysts say bubble concerns are overplayed while executives privately explore hedges for billions in AI exposure. This is the pattern where institutions chase momentum publicly while positioning defensively privately. When lenders extend billions secured against long-term contracts for infrastructure that depreciates rapidly due to technology change, then immediately search for downside protection, that reveals they profit on the way up and protect on the way down. Retail investors reading analyst reports saying concerns are overplayed won't have the same hedging options when the bank that called the AI boom "unsustainable" is now acting on that thesis. Hedgie🤗

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Sasti@Sasti_cs·5 Kas

@hauntedwhale And the more interesting part is atleast from what I've observed across Powai, Cats dogs and mice seem to live in perfect harmony and not attack each other at all

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HauntedWhale@hauntedwhale·4 Kas

There is a abnormal amount of cats in mumbai and Pune

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Mario Nawfal@MarioNawfal·2 Kas

SAM ALTMAN’S BUSINESS MODEL: “TRUST ME, BRO” Brad Gerstner questioned OpenAI’s economics: “How can a company, with $13 billion in revenues, make $1.4 trillion of spending commitments?” Sam immediately became defensive, lashing out: “We're doing well more revenue than that. Second of all, Brad, if you want to sell your shares, I'll find you a buyer.” Tensions between AI optimism and investor skepticism just went public. Source: @BG2Pod, @petergostev

Elon Musk@elonmusk

@petergostev @sama @BG2Pod They need to change their name to ClosedForMaximumMoneyAI

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Sasti@Sasti_cs·2 Kas

The moment they start monetizing, i.e. start charging for transactions is the moment the user base starts disappearing. So I'm not sure whether its Grok or Mr Singh who's valuing UPI at 150 Billion $

Umed Pratap Singh@umedpratapsingh

Grok said, If UPI were a private company, then it could have been India's Stripe on steroids, valued at $150-160 billion today, with potential to hit $300B+ by 2030. At this valuation, UPI could have been among world's top 50 companies. UPI is an underrated behemoth.

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Sasti@Sasti_cs·30 Eki

@DoctorYesOO7 @sumitkbehal Can you provide link to the full video

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Doctor_Yes@DoctorYesOO7·30 Eki

@sumitkbehal People need to be careful in investing in this IPO.. Listen to this...

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Sumit Behal@sumitkbehal·30 Eki

Lenskart IPO is undervalued at 70,000 Crores The bull case for Lenskart is every Indian purchasing glasses at 1500 INR to generate revenue of 2.1 lacs crores with 63,000 crores profit in FY2089-2090 The fair value for Lenskart is 18.9 lacs Crores

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Keşfet

@anuranjan @aviralbhat @venkat_fin9 @sulaimanghori @TDM_Jesus @Akshat_World @aarshps @LOLrakshak