[HN Gopher] Money Stuff is Linear-ish
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       Money Stuff is Linear-ish
        
       Author : Amorymeltzer
       Score  : 112 points
       Date   : 2022-04-07 09:57 UTC (1 days ago)
        
 (HTM) web link (danielstone.substack.com)
 (TXT) w3m dump (danielstone.substack.com)
        
       | indeed30 wrote:
       | Guess: The emails are sent slowly, in small batches. The email
       | addresses are selected in alphabetical order, and this recipient
       | appears towards the end of the list. Therefore as subscriber
       | count increases, they get the email later and later each day.
        
         | NoboruWataya wrote:
         | This would assume a linear growth in users I guess? I'd be
         | interested to know if this is the case. I have followed Levine
         | for a few years but I feel like he kind of exploded in
         | popularity at some stage over the last couple of years.
        
           | giraffe_lady wrote:
           | I think 2018 maybe? There was that wave of deranged crypto
           | hype with like every single company announcing a "pivot to
           | blockchain" or ICO or whatever. He consistently handled that
           | very well; a lot of humor but he did also evaluate them as
           | serious financial products and got to nerd out about and
           | compare them to highly technical traditional finance
           | instruments. Which honestly that is when he's at his best
           | anyway.
           | 
           | There weren't a lot of sources back then that were informed
           | enough, accessible enough, and took those announcements as
           | seriously as they deserved but no more.
           | 
           | Anyway I was working in tech but nowhere near crypto at that
           | time and started seeing his newsletter shared around a lot
           | among coworkers and my peer groups around then. Not
           | surprising if he picked up a lot of long term readers from
           | it.
        
         | WillisWayde wrote:
         | If you read to the end of the post, you'll see that the
         | timestamp data comes from the Bloomberg website and not emails.
        
           | mikkergp wrote:
           | Moving up the stack then, could Bloomberg be publishing
           | changes off a queue? Maybe money stuff is deployed in the
           | same pipeline with everything else Bloomberg produces.
        
             | rileytg wrote:
             | could be stamp of when the queue has been drained?
        
       | arkades wrote:
       | This precise link is being submitted for the third time by the
       | same user. When does it just become spam?
        
       | sleightofmind wrote:
       | Matt Levine amazes me. I cannot imagine writing so much content
       | on a daily basis. Let alone if that content is required to be
       | entertaining, informative, deep on industry knowledge, and useful
       | to neophyte and seasoned investor alike.
       | 
       | To me, the man is a marvel of knowledge and industriousness.
        
         | skippyboxedhero wrote:
         | Finance is like this. Nothing happens most of the time but lots
         | of people are writing about it furiously. Email lots of people,
         | hope they read your email at a time they are going to do a
         | trade, and then you make money? It is all quite pointless (but
         | Levine's stuff is good because I don't think it pretends to
         | have a purpose...UK brokers sometimes have research people like
         | this, they don't really produce anything valuable but people
         | read it because it is a bit of a laugh...dying breed unf).
        
       | jimbokun wrote:
       | Any theories to explain this linear increase in publication
       | times?
       | 
       | Has anyone asked the Money Stuff author?
        
         | dan-robertson wrote:
         | I don't think there's a great explanation for it being linear.
         | But if you ask him I expect you'd get some combination of:
         | 
         | - writing it in a mad frantic rush[1] every day and just
         | getting slower over time
         | 
         | - it being harder to write novel things, or there being more to
         | read in the morning
         | 
         | - family life, eg he has a toddler and would work in the early
         | morning so maybe helping with the morning rush or going to bed
         | later as the kid gets a bit older.
         | 
         | - covid breaking the usual schedule of 'work frantically in the
         | morning then come to the office to chat to colleagues
         | 
         | - linear increase in time spent reading fan mail in the morning
         | 
         | [1] I think he'd definitely say something like this.
        
           | andreareina wrote:
           | - Linearly more previous episodes of Money Stuff he might
           | have to refer back to
        
         | maxfurman wrote:
         | I haven't, but I look forward to reading his response in
         | Monday's column!
        
           | dcminter wrote:
           | He cited it at the end of Thursday's column, commenting "I'm
           | doing my best!"
        
         | hans1729 wrote:
         | >Any theories to explain this linear increase in publication
         | times?
         | 
         | The linked post shows that the articles are getting longer.
         | Money stuff becomes more and more relevant and publishes longer
         | and longer articles, requiring linearly more time to read-
         | through pre-publishing. Assuming that the authors workload
         | scales linearly with the length of his publications, you can
         | derive the respective posting-times scaling along.
        
           | whatshisface wrote:
           | The publishing times jump around a lot less than the lengths.
        
         | hannofcart wrote:
         | Since the data used the emails as source, could it be caused by
         | the increasing size of subscribers in the mailing list?
        
           | WillisWayde wrote:
           | If you read the section at the bottom about how the data was
           | assembled, you'll see that the timestamps come from the
           | Bloomberg website and not emails.
        
       | flerchin wrote:
       | Looks like Levine scheduled everything written after 2019 to
       | autopublish at noon, unless he finished after noon, and then it
       | would publish later in the day.
        
       | kkfx wrote:
        
         | mardifoufs wrote:
         | This is about a newsletter called "Money Stuff". I get not
         | always reading the article but man..
        
           | Mindless2112 wrote:
           | Some people come to HN for the articles. Some just to read
           | the comments. And some just to write the comments.
        
       | zelias wrote:
       | If it's advertised as a pre-market opening newsletter, but
       | doesn't actually come out until the afternoon, then is that
       | securities fraud?
        
         | er4hn wrote:
         | everything is securities fraud!
        
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       (page generated 2022-04-08 23:00 UTC)