Taha Farooq

10.9K posts

Taha Farooq

Taha Farooq

@thetf10

50 percent fintech professional 50 percent masti enthusiast

Islamabad, Pakistan Katılım Haziran 2009
1.3K Takip Edilen448 Takipçiler
Taha Farooq retweetledi
Manisha Pande
Manisha Pande@MnshaP·
world discovers indian news can be a nice reaction template
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Tife
Tife@whoistife_x·
may our biceps get bigger and our shoulders get wider.
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yimika|
yimika|@yimikaaaa·
How can you be bored when you’ve got a career to build,a body to perfect,a mind to make smarter and success to chase.
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Joshwelt
Joshwelt@weltszzn·
i admire how when babies dont want to hold something anymore they just drop it
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Taha Farooq
Taha Farooq@thetf10·
Has a song better than Insane by AP and GG ever been released?
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𐌁𐌉Ᏽ 𐌕𐌉𐌌𐌉
I don’t want a city on Mars. I don’t want AI in every app. I don’t want data centres in space. I don’t want humanoids or flying cars. I want clean water. I want a stable climate. I want bees to survive. And a habitable planet.
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maya
maya@mayaviatwitta·
i never beg except when it’s to differ
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Incentivising
Incentivising@incentivising·
Game theory explains why forgiving someone who has not paid a cost for betraying you is a vicious mistake dressed up as a virtue. Forgiveness without consequence never 'resets' the relationship. It updates the other person's model of your response function. You now taught them that betrayal costs nothing. So, the next defection is cheaper than the first one. You have effectively lowered the price of breaking your trust. Genuine repair requires that the cost of defection be visible and proportional before the relationship resumes. Everything else is an invitation to defection.
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poof
poof@poof_eth·
Had a Jane Street interview in 2013 that still bothers me. It was my 6th round. Final interview. The guy walks in carrying no laptop, no notebook, just a cold brew and what I later realized was a single IKEA tea candle. He writes on the whiteboard: food: $200 rent: $800 utilities: $150 candles: $3,600 family: dying Then he turns around and says, “Optimize.” I laughed because I thought it was a culture-fit bit. He did not laugh. So I said, “Well, obviously you spend less on candles.” He says, “Assume candles are non-discretionary.” Okay. I start building a model. Basic constraint satisfaction. Family survival as a soft penalty. Candles as a state variable. Maybe there’s an arbitrage where you buy wholesale paraffin and convert the $3,600 line item into inventory. He stops me. “You’re thinking like a consultant.” That’s when I knew I was in trouble. He says, “Give me a bid-ask on family dying.” I say, “What?” He says, “You’re long candles, short family. Where do you make markets?” I try to recover. I say the real issue is liquidity: rent and utilities are fixed, food is elastic, candles are emotionally inelastic. Therefore the optimal strategy is to securitize future candle enjoyment and borrow against it. He nods for the first time. Then he asks, “What time do you sell the candles?” I say, “Whenever the market is liquid?” He says, “Be more specific.” I say, “Uh… 10 a.m. Eastern?” For the first time, he smiles. He goes, “Every day?” I say, “Every day.” He says, “In size?” I say, “In size.” He says, “And what do we call that?” I say, “Market manipulation?” The room gets very quiet. He looks disappointed and writes something down. “No. We call it providing liquidity to candle ETFs during the U.S. cash open.” I try to save it. “Right. Of course. The family isn’t dying because we underfunded them. They’re just experiencing temporary price discovery.” He nods again. Then he points back at the board. I had missed it. The utility bill was $150, but candles provide light. You can zero out utilities. I update the budget: food: $200 rent: $800 utilities: $0 candles: $3,750 family: still dying, but now in a more capital-efficient way He says, “How confident are you?” I say, “0.95.” He smiles and circles candles. “0.95 huh?” Then he asks me to estimate how many leveraged longs get liquidated if we dump $3,750 of candles at 10:00:01 every morning for 90 consecutive trading days. Needless to say I did not get the offer.
Deedy@deedydas

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.

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Shoaib Malik 🇵🇰
Shoaib Malik 🇵🇰@realshoaibmalik·
Respected CM @MaryamNSharif, while timely regulation of businesses is a welcome step, I reckon gyms and fitness centers deserve special consideration. Many office-goers work out after duty hours only. Health is as important as food, and extending gym timings to 22:00 as well would support a fitter Pakistan.
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Hadas Weiss
Hadas Weiss@weiss_hadas·
assassination attempts on trump be like
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Taha Farooq
Taha Farooq@thetf10·
@sohailabid I see people commenting that we don't have a subscription culture for local products in Pakistan. Which is true. But the general quality and user experience of local products is also sub-par. If you're genuinely providing a value add with a good UI/UX 1k pkr/mo is very jayiz
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Sohail Abid
Sohail Abid@sohailabid·
If you can get people to pay a subscription fee of Rs. 1000/month for a service in Pakistan, is that a good business model? (The service is not for general public and only useful for businessmen.)
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shirish
shirish@shiri_shh·
This video did 10M views in 24 hours. 100% made by Al. we're cooked 😭
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AvantPrince_
AvantPrince_@AvantPrince_·
Men have to know in their soul and act as if they have already made it, clothing, style, relaxation, attitude, mindset, everything must be sculpted around the already existing fact you have made it, there's no better day to decide to be a winner than everyday
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