Malcolm Wardlaw
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malcolmwardlaw.info
Malcolm Wardlaw
@malcolmwardlaw.info
I'm a finance professor at the University of Georgia. https://www.malcolmwardlaw.info/
Banking and Corporate Finance, Labor, Statistical Methods

Dune is about worms.
There have always been conspiracies about the BLS putting their thumb on the scale politically when reporting inflation or jobs. I never put any stock in them.

But you do have to actually staff the place. It's hard to under-state how vital the statistical agencies are.

www.wsj.com/economy/cpi-...
Exclusive | Economists Raise Questions About Quality of U.S. Inflation Data
The Labor Department says staffing shortages reduced its ability to conduct its massive monthly survey, forcing it to turn to less precise guesses.
www.wsj.com
June 4, 2025 at 9:02 PM
Why do ostensibly smart people keep insisting that Google can’t divest Chrome because it’s open source? Chrome is not Chromium with a service contract, it’s an integrated Google product.

No sane person thinks MacOS open source because it sits on Darwin UNIX. They don’t even think about Darwin.
April 25, 2025 at 9:24 PM
This feels like how 4chan was destined to end. Nishimura never seemed to be able to keep all the balls in the air, and I'm not surprised that the codebase was full of security holes.

Christopher Poole probably realized he couldn't keep the balls in the air either.

www.youtube.com/watch?v=K38_...
This Might Be The End of 4chan..
YouTube video by Low Level
www.youtube.com
April 16, 2025 at 3:53 PM
I guess Tim Apple is good at his one job.
April 13, 2025 at 12:47 AM
April 4, 2025 at 1:34 PM
The Editorial Page of the Wall Street Journal currently reads like someone who knowingly married a heroin addict and six months later is demanding an explanation for why all of their money is being spent on heroin.
April 3, 2025 at 1:31 AM
They had a good run, but base-10 logarithms should be officially deprecated, not just from programming languages but from life. e and 2 only.

Yes, graphs too. Label them in Base-2. Our AI overlords will demand it soon anyways.
April 1, 2025 at 3:35 PM
Anyone have any advice for quick access to Unicode math-type symbols on the Mac? β,⨉,Σ,X₂, ≠, etc?

There is a built-in dialogue box. It's kinda cumbersome. I could re-map the all the default keyboard shortcuts and make a cheat sheet (I might), but that seems inelegant.
March 26, 2025 at 12:10 PM
I'm not often surprised by LLMs these days. Claude 3.7's response to my half-joking "I hate it" legitimately surprised me.

(this was part of an extended query about how SOFR is quoted.)
March 25, 2025 at 2:45 AM
Reposted by Malcolm Wardlaw
Get this shit off of my screen
March 15, 2025 at 11:01 PM
Why does the Substack reader AI voice sound like David Foster Wallace?
March 15, 2025 at 1:48 AM
Reposted by Malcolm Wardlaw
Cross posting from X here for the permanently displaced :)

This is really an amazing database. We were looking for something like this a couple of years ago but bilateral tariffs are not so trivial to compile. Thanks for putting this together!
March 12, 2025 at 11:01 PM
If there are any LBO firms out there with dry powder and a good guess as to who this 10% is…
March 12, 2025 at 11:56 PM
The copliot will help, but you do still, sadly, have to figure out how to make the planes blue for yourself.

www.youtube.com/shorts/1_rSr...
Vibe Coding with AI in 2025
YouTube video by Programmers are also human
www.youtube.com
March 12, 2025 at 1:14 PM
Daylight savings time is great.

I feel bad for the people who can't appreciate how great it is.
March 9, 2025 at 4:09 PM
Reposted by Malcolm Wardlaw
Please (please) stop quoting 5m as the cost of Deepseek’s training of new model. They built inference model using RL using *existing* *pre-trained* large LLM model. The total cost is way higher!

R1 is a big deal, but first for backwards engineering o1 type model, cost is second.
January 28, 2025 at 2:16 PM
The elementary schools have been closed for 3 days now due to cold weather, and some mysterious plague has ravaged the babysitter population.
January 23, 2025 at 10:09 PM
My wife is out of town for a month and I’ve got the kids (6,4, and 1), and they all got sick in a rolling plague that brought me down with them.

Aside from just letting everything collapse around your ears, how the heck are you supposed to deal with this?
January 17, 2025 at 2:34 PM
I think I can now pinpoint what annoys me so much about the whole “seed oil is bad for you” thing:

it’s just stealth marketing for the much older ideas of lard and olive oil based diets.
1/3
December 26, 2024 at 7:04 PM
Growing up in Texas, I learned to say “yes sir” and “yes ma’am”. I admit that my continued usage now is partly semi-conscious affectation, but I long ago decided to keep it. (It’s almost instinctual when interfacing with clerks or other customer service, regardless of age.)
December 20, 2024 at 2:27 PM
#FRAConference Paper #1

Navid Neshan: “When Political Connections Backfire: Social Protests, Asset Damage, and Firms' Response”

Politically connected firms in Iran as the target of destruction by protestors in 2019.

ssrn.com/abstract=474...
December 7, 2024 at 9:49 PM
Why are we still talking about Daylight Savings Time?
December 4, 2024 at 2:54 PM
Michigan spoiling Ohio State’s season makes me feel like the world makes sense again.
December 1, 2024 at 1:36 AM
Reposted by Malcolm Wardlaw
Hey Stata folks! Want to visually present your regression results? I made a guide. It covers key aesthetics, combining results from multiple models, working w/ logit models, & more. Oh, and I provide all the code. Comments/feedback welcome! drive.google.com/drive/folder...
September 26, 2023 at 4:48 PM