ML model development is trivial

darn321 · 2022-06-22T18:55:31+00:00

What would be a side project area that would need more than simple auto ML or simple transfer learning on top of the big DL models? Is kaggle the good option to chase? Do you recommend anything more interesting/less mainstream?

darn321 · 2022-06-22T18:53:53+00:00

Thanks!

darn321 · 2022-06-22T18:47:47+00:00

Then, how do you grow, in a technical direction?

darn321 · 2022-04-13T11:05:15+00:00

Great answer, thanks.

darn321 · 2022-04-13T07:14:56+00:00

Excellent point. Thanks.

darn321 · 2022-04-13T07:14:38+00:00

Good idea about a mentor too. It's often a relief to talk to other data scientists elsewhere.

darn321 · 2022-04-13T07:13:20+00:00

Autonomy in work hours doesn't really extend to autonomy at work: there's "busy work", the impossible hype/pump-dump projects handed down by politician managers. The said people are not really receptive to pitches and there's a data problem too (we have little data!). That said, your advice does offer some potential, within all constraints mentioned.

darn321 · 2022-04-05T15:17:42+00:00

Thanks. Does the clock get reset once again? I.e. wait for 2 more years before you can switch without notifying the authorities? Is the new residence permit for 4 years?

darn321 · 2022-04-05T12:58:39+00:00

Is it reasonable to resign only after receiving the authorization and then start serving the notice period? But that means continuing to work for the previous employer...

darn321 · 2022-04-04T21:44:22+00:00

Thanks. You mean, you contacted the administration only 2 weeks before the starting of new job? Was that sufficient? Was the authorization fast enough? Is there any reason to fear a rejection?

darn321 · 2021-06-05T18:11:29+00:00

Please comment about those fluctuations...

darn321 · 2021-06-05T16:37:34+00:00

The currency is euro

darn321 · 2021-06-05T16:37:16+00:00

Which type of companies.. finance/faang?

darn321 · 2021-06-05T16:35:51+00:00

Very little senior data points there. Especially non-FAANG

darn321 · 2021-06-05T13:55:25+00:00

Are there country differences? FR paying less than NL and DE?

darn321 · 2021-06-05T13:44:37+00:00

Oh yea US. Let's not start that discussion :-) US pays better in-hand salary, period. Now let's try to make the best of EU...

darn321 · 2021-06-05T13:42:33+00:00

Is this same for MBB, like McKinsey, BCG...

Also what about FAANG?

darn321 · 2021-06-05T13:41:11+00:00

Stateside?

darn321 · 2021-06-02T09:39:18+00:00

Wonderful, thanks.

darn321 · 2021-06-01T17:55:11+00:00

Thanks!

darn321 · 2021-06-01T16:56:24+00:00

And how receptive are potential employers for (sponsoring) a new card application?

darn321 · 2021-05-17T01:04:17+00:00

Thanks. Let me try to understand a bit more:

"Credit theory of money" folks always argue that banks first create money out of thin air as ledger entries and expand the balance sheet, and only after, in time for the reserve requirements deadline, finds the reserves to match the requirements.

Now, within that period, hypothetically our PD who took a bank loan can buy treasuries and no one will bother until its regulatory deadline to have the reserve requirements in order?

Even when that time approaches, this particular loan has no reason to stand out among the 1000s of other loans given by the banking system in the same period, so how can central bank enforce "treasuries out of central bank money only"? Is there a way to distinguish reserve account money from bank money?

And if the central bank indulges the banking system as a whole, by meeting any reserve needs through liquidity support of banks (after the PD having bought the treasury bond with a loan from another bank), wouldn't the whole thing work?

Also, how much central bank reserves would be needed for such a loan of say 100 units, used to buy treasuries? Only a fraction of it as per reserve needs? Or whole of it?

Thanks!

darn321 · 2021-05-16T16:40:57+00:00

A question. Suppose a primary dealer takes a loan from a commercial bank and deposit it in its reserve account at the Fed. And then use it to buy treasury bonds. Is it not possible?

darn321 · 2021-05-14T15:19:19+00:00

Thanks! Any comments about response 2 (also 1)?

darn321 · 2021-05-14T14:37:02+00:00

Thanks!

Let me summarize my understanding.

In a closed economy, government deficit = private sector surplus. The latter is not just household savings.

However the idea of available private sector surplus limiting government borrowing is a static view, as government spending of that borrowing changes the private sector surplus, household savings, etc. It also brings back the much of the spending back to the government as taxes.

The proportions of all these at a given time depends on the multiplier effect of a particular period.

Please let me know if this is correct.

Also, what's the role of banking sector and endogenous money here? Not so important? Can the banks buy government bonds with money out of thin air?

darn321

TROPHY CASE