Sammy
1.6K posts

Sammy
@_sam_scm_
University of Houston CS/Math alum. Energy Trading.





I hate transplants now. NY transplants, DC transplants, Atlanta transplants, I hate them all Transplants used to ASSIMILATE. Now they COLONIZE. They move somewhere for the vibe, then try to dismantle the very thing that created it And then the city loses its soul. Smdh



They were making toddlers take IQ tests! Deranged striver culture. Spiritually third world.


@antoniogm You quickly deleted the last addendum to this thread… pretty nasty behavior and attitude given the context you provided. You disowned your family after retroactively acquiring personal insecurities about not attending an Ivy? You blame them for that? Insane.

Jane Street office. What do you notice?


Jane Street made ~$40B in 2025 with 3,500 employees, a ~2x from the year before. At ~65-70% profit margin, that's $8M profit / employee, the highest for a 1000+ ppl company. High-frequency trading continues to be the most efficient money making engine. I want to share an old story about my Jane Street interview in 2014. Jane Street was known for hiring a lot of math, physics and CS olympiad winners from top universities and putting them through many rounds - including, for trading roles, a gauntlet of mental math. It was my 6th interview and my final round and I recall being asked "What is the next day after today in DD/MM/YYYY where all the digits are unique?" They'd toy with you and say "You can use a pencil and paper, if you want" but you knew that was an instant no. Painstakingly and as quickly as I could, I came to an answer. "How confident are you that this is correct on a 0-1 probability scale?" the interviewer said. "0.95", I blurted out, not fully knowing how to answer that. "Are you sure?" After thinking harder for a few more seconds, I realized I could've flipped the digits around to get a closer date. I gave the interviewer my answer. It was correct. "0.95 huh?" he chuckled. That's when I knew I failed. Note: fwiw, other companies that come close in efficiency are - Tether ($90M+ profit/emp) - Hyperliquid ($80M+ profit/emp) and on revenue: - Valve ($50M/emp) - OnlyFans ($37M/emp) - Craigslist ($14M/emp) - Anthropic ($12M/emp, run rate) - OpenAI ($8M/emp, run rate) For comparison, Nvidia is very efficient at scale and is $4.4M/emp.



@robin_j_brooks Each day that ticks by without a solution increases the expected value of the total production loss.




Brent futures in the mid-$90s. Physical cargoes landing in Asia at $170/bbl. Dated Brent above $140. The gap between paper and physical crude prices has widened to levels that are distorting refining economics, hedging strategies and procurement decisions globally. In our latest blog, we break down what is driving the disconnect: reduced risk budgets, raised margin requirements, hedging dislocations and procurement cycle mismatches. We also explain why the convergence, when it comes, will start with products, not crude. See what’s driving the disconnect: ow.ly/MYFe50YOpXy #EnergyAspects #Crude #OOTT #Brent















