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H.Kazemi Profile
H.Kazemi

@hbkazemi33

Followers
997
Following
1,329
Media
357
Statuses
9,831

Teacher, Researcher, Manager

Massachusetts, USA
Joined March 2011
Don't wanna be here? Send us removal request.
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@hbkazemi33
H.Kazemi
5 years
Important rule to remember these days:
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@hbkazemi33
H.Kazemi
7 years
@KatiePavlich Please learn the facts before going to tweeter. Obama did not pardon Manning. He commuted her sentence, of which she had served 7 years.
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@hbkazemi33
H.Kazemi
2 years
@tomloverro @coinbase @IVP Drawing any lessons from the “history” of cryptos is useless and downright laughable. There is almost no history of its current ecosystem. I made my first trade on 2012. It is a different world now. This ❄️ could last a few months or a few years. No one has any clue.
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@hbkazemi33
H.Kazemi
1 year
@nntaleb Actually, I’ve found it most useful in areas that I HAVE domain knowledge. I am using it to save time. E.g., A good first draft of a python code, uploaded a book chapter and asked it to produce practice questions for students, asked it to produce a summary of SWOT analysis to
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@hbkazemi33
H.Kazemi
7 years
@JackPosobiec Obama did not pardon Manning. He commuted her sentence. Big diff as she had already served a big chunk of her sentence. Learn the facts
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@hbkazemi33
H.Kazemi
4 years
@JustinWolfers Tells us nothing. Easy to store, easy to cook, and tastes pretty good. Add some veg and it is borderline healthy.
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@hbkazemi33
H.Kazemi
7 years
If everyone had a blockchain-based transaction and someone invented Visa, everyone would say, thanks God! What a great invention for making secure payments with recourse.
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@hbkazemi33
H.Kazemi
5 years
#CISDM19 was very happy to host @StephanieKelton . She gave a great talk on MMT and in the process won over a number of skeptics. Our students, faculty and supporters of @IsenbergUMass & @CISDM2 learned a great deal from her talk.
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@hbkazemi33
H.Kazemi
6 years
@EWErickson @sallykohn I understand a number of priests are big supporters of your line of argument that men of character will never ever do something like that.
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@hbkazemi33
H.Kazemi
8 years
@ruchitgarg @POLITICOMag @chrislhayes And some folks say Obama was born in Kenya, Hillary killed Foster and that aliens landed in Roswell.
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@hbkazemi33
H.Kazemi
2 years
@dsquareddigest Excellent point. Here is the CEO of @ycombinator begging taxpayers to bail out companies that he overpaid for.
@CNBCOvertime
CNBCOvertime
2 years
. @GarryTan CEO of @ycombinator calling the SVB fallout an "extinction level event for startups" "These depositors will not survive weeks or months without some sort of plan from the govt." $SVIB #SiliconValleyBank #startups
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@hbkazemi33
H.Kazemi
8 years
@Neil_Irwin Good God. How could he even get away with this. Party of Reagan no more.
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@hbkazemi33
H.Kazemi
7 years
People who are shipwrecked and survive tell amazing stories about how dolphins are friendly animals that helped them reach the shore. One never hears from the ones eaten by the dolphins.
@KevinBCook
Kevin Brent Cook
7 years
I could be well early, but among several reasons I gave my group to buy the lows Friday, here's another I didn't mention: a "50% correction from the breakout at S&P 2100" $TQQQ
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@hbkazemi33
H.Kazemi
7 years
R.I.P. #MaryamMirzakhani Iranian math genius died yesterday at the age of 40. So sad.
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@hbkazemi33
H.Kazemi
4 years
@QTRResearch Ha ha ha. If those are classified as lies, there will be a full library of books covering Trump’s lies.
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@hbkazemi33
H.Kazemi
4 years
@GordonGChang You & your friend have no clue how the purchase process of big-box retailers work. If there is a switch will take at least a quarter.
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@hbkazemi33
H.Kazemi
6 years
@steveliesman @CNBC He does not realize that only a portion of the deficit with China is value added in China. A large fraction is profit earned by US, Korean and Japanese firms. 40% of exports of iPhone by China are profits earned by Apple.
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@hbkazemi33
H.Kazemi
2 years
@bungarsargon @metal_gear88 @elonmusk How do you know they are all liberal? Is it because anyone with a laptop must be liberal? Is it because everyone who wants to work from home is liberal? Is because having liberal in the title gets more clicks? BTW, I don’t disagree with the privileged part.
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@hbkazemi33
H.Kazemi
4 years
@k946c @BLaw Those are government official records. Trump could have unsealed all of them 1 minute into his presidency. Perhaps there is nothing there.
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@hbkazemi33
H.Kazemi
3 years
@KeithMcCullough Preceded by one of the largest decelerations. Broader view helps
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@hbkazemi33
H.Kazemi
2 years
@MichaelASerio2 @willystaley What? He has been teaching the same course for years and nobody complained. Now, post Covid students have become complacent and suddenly the course is TOO difficult.
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@hbkazemi33
H.Kazemi
7 years
@AustinScottGA08 @PoliticalLine @RepSeanMaloney Trump must be betrayed. The Orange Man is a danger to the security of America.
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@hbkazemi33
H.Kazemi
1 year
@ianbremmer I'll take the under for these: China, Indonesia, Nigeria, Pakistan, and Egypt. I'll take the over for these: Mexico and Philippines
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@hbkazemi33
H.Kazemi
8 years
@newtgingrich One major difference. Unlike Don-the-con, Truman was actually a very decent man.
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@hbkazemi33
H.Kazemi
4 years
@gored37 @maxamaxam_13 @EWErickson He is appointed by a board where 9 out of 11 are appointed by the president. Thanks for playing.
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@hbkazemi33
H.Kazemi
7 years
@garrytan I disagree. The barriers to entry for Google and PayPal competitors was and is enormous. NYSE could destroy Coinbase by starting its BTC exchange tomorrow. There is almost nothing proprietary about Coinbase.
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@hbkazemi33
H.Kazemi
1 year
@bungarsargon A study on Harvard students finds 43% of white students are legacy athletes related to donors or staff. 70% of them would not be admitted if those factors were ignored. This shameful policy will continue.
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@hbkazemi33
H.Kazemi
7 years
@Scaramucci I hope you are including our president in the Political Establishment. Right now he seems to be one spreading a lot of false promises.
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@hbkazemi33
H.Kazemi
7 years
@ChuckRossDC @lrozen Did @MonicaCrowley copy that from someone else's form?
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@hbkazemi33
H.Kazemi
1 year
@nntaleb All predictions about who or what will benefit from AI are pure speculations, with some bordering on BS (e.g., recent Economist’s piece). It has been less than 6 months since general public has been given access to this powerful tool. ChatGPT, BARD, … have done their trainings.
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@hbkazemi33
H.Kazemi
4 years
@JonathanTurley Professor @JonathanTurley , I was trying to find the opinion pieces that you wrote about state court packings by Republicans and could not find any. Do have a link or state constitutions don't matter?
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@hbkazemi33
H.Kazemi
5 months
@Jesse_Livermore The MMT crowd will have an "easy" answer: we should have raised taxes to reduce demand. It will be impossible to pin down an MMT crusader.
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@hbkazemi33
H.Kazemi
6 years
Lebanon is showing the way. @nntaleb
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@hbkazemi33
H.Kazemi
6 years
@KevinMKruse @thehill How he could get away with this nonsense is beyond belief. When we have Atwater on tape.
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@hbkazemi33
H.Kazemi
6 years
@UCBerkeley @UofCalifornia Good for UC. The next scam to tackle is the texbook industry.
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@hbkazemi33
H.Kazemi
4 years
@Dierenbach @MarCNuf @ScottGottliebMD You are right. I have spent thousands on car and home insurance over the years and ended up not needing them. Total waste of money. 🤦🤦
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@hbkazemi33
H.Kazemi
3 years
Individual investors are going to be grossly disappointed, according to Natixis global survey. All expecting double-digit returns. Institutional investors are more realistic but their expectations may turn out to be too high.
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@hbkazemi33
H.Kazemi
3 years
My advice: Never ask a barber if you need a haircut.
@rjpjr12
Jerry Parker
3 years
"Rising inflation would present a headwind for both equities and bonds, and may also reduce the diversification benefits between them. Gold, commodities, and inflation breakevens can provide investors with the best inflation hedges."
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@hbkazemi33
H.Kazemi
4 years
@JustinWolfers Perhaps you need to meet other economists — An advice from a fellow economist.
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@hbkazemi33
H.Kazemi
4 years
@dgerstner33 @PeteButtigieg Yes, if the commanding officers break the law. If he lied under oath, he should be prosecuted. If he did not break any laws, then he should be promoted if he meets the military standards. Just let's follow the rule of the law.
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@hbkazemi33
H.Kazemi
7 years
@brassfrog @JackPosobiec Let's be precise then. She served 7 years, forfeited all pay and dishonorable discharge. He?????
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@hbkazemi33
H.Kazemi
7 years
@neontaster Nice try, but the ban applies to ordinary people and not the regime. Iranian people are the most pro US people in the M.E. The ban is not smart policy.
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@hbkazemi33
H.Kazemi
7 years
@AnnCoulter Study: illegal immigrants contributed $12 billion to US economy and their crime rate is roughly the same as US citizen
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@hbkazemi33
H.Kazemi
8 years
@DionNissenbaum @realDonaldTrump He reminds me of students who have no clue but try to bullshit their way through the exam.
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@hbkazemi33
H.Kazemi
4 years
@folderson @CNN @JoeBiden You seriously think that lockdowns are responsible for financial destruction? Even when there was no lockdown, people stayed home and avoided stores. It is the fear of dying. Half the states never locked down and are suffering as much as those that locked down.
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@hbkazemi33
H.Kazemi
4 years
@crispinrovere @Tracinski The death rate per capital is NOT five times higher than those countries. It is lower than Holland and just slightly higher than Germany. What is point of quoting wrong figures in the age of Google?
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@hbkazemi33
H.Kazemi
8 years
@michaelbatnick @pmarca Pure selection bias. A lot of “different” investors lose everything but no one writes about them.
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@hbkazemi33
H.Kazemi
7 years
This is not too complicated. It is no different than free trade. Immigrants are net positive for economy. But the costs and the benefits are not evenly distributed. People who bear the costs of new immigrants (schools, wage pressure etc) don’t see most of the benefits.
@kausmickey
Mickey Kaus
7 years
The Big-Spending Immigrant theory. Sure immigrants lower wages but they make up for it by consuming! Very skeptical. Thread here
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@hbkazemi33
H.Kazemi
2 years
@GrayConnolly He is 100% incorrect. The US has many problems but millennials not owning anything is not one of them. Just check the hot housing market and first time home buyers stat
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@hbkazemi33
H.Kazemi
6 years
@AdamPosen @SoberLook Because not much had happened to the balance sheet 😳
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@hbkazemi33
H.Kazemi
3 years
@nntaleb Isn’t it the model for almost all dictators? The country is a mess, people look to a “strong” leader to clean it up, the leader does the job, but is not satisfied and goes on foreign ventures.
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@hbkazemi33
H.Kazemi
3 years
@justinamash Most responses here:
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@hbkazemi33
H.Kazemi
4 years
@FatEmperor This contradicts what we just saw happen in Sweden. With their mortality rate suddenly spiking to almost 10 times their neighbors, they finally decided to lockdown to some degree.
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@hbkazemi33
H.Kazemi
4 years
@almonte2323 @EWErickson Thinking that USPS should be making a profit is like thinking Pentagon should be making a profit. It provides a crucial service at a low price most important to people who live in rural areas and remote places. Places UPS, FedEx ... would not serve or serve at a high cost.
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@hbkazemi33
H.Kazemi
7 years
Effort to Crush Shale Producers Only Made Them Stronger. Antifragility at work. @nntaleb
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@hbkazemi33
H.Kazemi
7 years
@FoxNews @TuckerCarlson Obvious answer. They never thought Trump could win. The idea was to weaken Hillary.
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@hbkazemi33
H.Kazemi
8 years
@WinstonBooth @dandrezner Actually, it is the other way around. Drafting politicians' kids ensures that there is no stupid wars anymore.
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@hbkazemi33
H.Kazemi
8 months
@WeedenKim @NAChristakis Good point. The question is whether equal number of courses with “opposing” view points are offered. My experience is absolutely not.
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@hbkazemi33
H.Kazemi
2 years
@Investor_NICK_ @ecommerceshares You are assuming that because he made bad predictions, he is bad at his job. His job is NOT to give accurate price targets. Getting flows into MS funds, helping MS prime brokers get more clients, getting IB from CVNA are in his job description, not making good predictions.
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@hbkazemi33
H.Kazemi
4 years
@Aureliano_no_24 @ProfHansNoel @AnthonyTNguyen3 You have no idea what you are talking about. I have taught for over 30 years at a state university and have yet to see a son or a daughter of an oligarch. There are some private schools that cater to them. But majority are from middle class families.
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@hbkazemi33
H.Kazemi
2 years
@RobinBrooksIIF #2 is coming, taking care of #1 . Last year, China's oil consumption was equal to its consumption in late 2000! It is coming.
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@hbkazemi33
H.Kazemi
8 years
@newtgingrich ISIS's main goal is to make Muslims who live in the west to believe that they do not belong here. Let's not help ISIS
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@hbkazemi33
H.Kazemi
1 year
@BeschlossDC That is a scary large crowd. Who organized it? American Nazi Party?
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@hbkazemi33
H.Kazemi
7 years
@horowitz39 It seems that At This Point @horowitz39 has given up on The Search For Redemption In This Life And The Next. Sad.
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@hbkazemi33
H.Kazemi
6 years
@DavidAFrench I have a lot of respect for your opinions but not here: not a word from you with regard to Garland.
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@hbkazemi33
H.Kazemi
2 years
Our #Haftsin table. Happy #Nowruz to all.
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@hbkazemi33
H.Kazemi
3 years
Here is our Haft Seen table. Wishing everyone a great Nowrouz and a better year.
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@hbkazemi33
H.Kazemi
3 years
@nntaleb Given the current circulation of #BTC , once its price reaches $75,000 its value will exceed the total $ in circulation! At $250,000 it will exceed the total supply of all major currencies. Adoption rate of rate of #BTC is less than 1% of $. What is the fair price of #BTC ?
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@hbkazemi33
H.Kazemi
2 years
That is incorrect. There is no arbitrage going on. Saudi refineries do not produce fuel. Russian refineries do. Saudi imports fuel all the time.
@f_wintersberger
Fabian Wintersberger
2 years
Saudia Arabia now buys cheap Russian oil, so it can sell its own oil to the West. Russia wins, Saudia Arabia wins, and the west loses.
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@hbkazemi33
H.Kazemi
8 years
@nntaleb @JustinRaimondo The problem is the Saudi funded Mosques that are mushrooming all over Europe. Something has to be done about them.
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@hbkazemi33
H.Kazemi
4 years
@USTechWorkers @EricRWeinstein @tedcruz Eric is talking nonsense. We fund all of our graduate students. It makes absolutely no difference where they are from. We don’t get more funding because we accept US or foreign students. We can have an arguement whether all graduate students are cheap labor.
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@hbkazemi33
H.Kazemi
5 years
@Schuldensuehner It is not as big a deal as your chart shows.
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@hbkazemi33
H.Kazemi
1 year
@QTRResearch It is a joke. No one will trade or use it.
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@hbkazemi33
H.Kazemi
6 years
@Copernicus2013 @KenDilanianNBC Actually, that is exactly how it works when it comes to security clearances, sensitive gov jobs, federal judgeships, etc.
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@hbkazemi33
H.Kazemi
6 years
@MJGerson @DavidAFrench Those who stayed silent on Garland have no credibility complaining about how Dems are behaving now.
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@hbkazemi33
H.Kazemi
2 years
@VivekGRamaswamy They are called indexed funds. Look it up.
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@hbkazemi33
H.Kazemi
1 year
@jessefelder The analysis could be flawed. Reserves are held in form of treasuries. Rising rates in the US have reduced their values. IMF figures, which are collected from central banks, are mostly marked to market. So, even they don’t sell any USD, their values will decline.
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@hbkazemi33
H.Kazemi
7 years
@DavidAFrench I would not mix those two stories: (a) cheerleaders and (b) the sister. Don't see any problem in praising the cheerleaders who perfected their craft under very difficult conditions -- fear of death by the sister's goons.
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@hbkazemi33
H.Kazemi
4 years
@thestinkmarket Even better, short the stock, sell a ton of calls and then buy 2 tons of puts.
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@hbkazemi33
H.Kazemi
7 years
@AnnCoulter FYI opioid crisis is homegrown by greedy drug companies. Perhaps a wall around their distribution centers.
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@hbkazemi33
H.Kazemi
4 years
@david_perell @BarbarianCap I’m sure the guy who lectured on YouTube went to college. So what happens if everyone stopped believing? For some subjects at some levels, self study could be as effective. But, make sure your dentist did not learn doing root canal through YouTube.
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@hbkazemi33
H.Kazemi
6 years
Yes, studies have shown that urging works. I wonder why more people are not doing it.
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@hbkazemi33
H.Kazemi
11 months
@EconomPic Isn’t this expected? It is called the equity risk premium, and there is no need for anything to give.
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@hbkazemi33
H.Kazemi
8 years
@realDonaldTrump Show us your tax returns to see how much you've given to these causes.
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@hbkazemi33
H.Kazemi
2 years
@biancoresearch It is overblown. The SVB’s franchise value is significant and some US or foreign bank looking for a foothold in tech land will pay close to 100% for the assets by the middle of the week. But this will scare the Fed and the 50bp is off the table.
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@hbkazemi33
H.Kazemi
6 years
@MarkSimoneNY @AnnCoulter You seem old enough to remember White Water, which lasted 6 years. Or is it amnesia of convenience?
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@hbkazemi33
H.Kazemi
3 years
@bethanyshondark @guypbenson Shocking development: airbags are less than 10% effective at speeds above 70 miles. Let’s get rid off them.
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@hbkazemi33
H.Kazemi
4 years
@michaeljburry And yet these genius programmers failed to get enough votes the house or the state house races. This is nonsense. Dr. Ayyadural does not say that his model is based on the assumption that votes arrive randomly and lack trends.
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@hbkazemi33
H.Kazemi
2 years
Congratulations to the newest members of the @FdpInstitute community. Results have been released for those who sat for the Q2-2022 FDP exam. The pass rate was 66.67%. The practical and yet rigorous program covers these topics:
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@hbkazemi33
H.Kazemi
7 years
Herbert Hoover: "A chicken in every pot and a cryptocurrency bubble on every computer"
@YahooFinance
Yahoo Finance
7 years
Mark Cuban is backing a new cryptocurrency fund months after calling #bitcoin a 'bubble'
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@hbkazemi33
H.Kazemi
1 year
@FinanceLancelot Every single bank has more debt than it equity. Schwab, the bank and not the brokerage, is small and most of its deposits are insured. (<250). This is a nothing burger.
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@hbkazemi33
H.Kazemi
2 years
@oren_cass Typical man? I guess the typical woman will be home doing the laundry.
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@hbkazemi33
H.Kazemi
4 months
@oren_cass No economist would say raising taxes is inflationary. Raising personal taxes is deflationary, while raising corporate taxes is inflationary. One affects the demand and the other affects the supply.
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@hbkazemi33
H.Kazemi
2 years
@fed_speak Most important lesson: given enough financial incentives, everyone becomes a socialist.
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@hbkazemi33
H.Kazemi
4 years
@dzdenis_gp @nntaleb @business Some people don't wear their seat belts properly and some seat belts fail. Some airbags fail too or people put young kids in the front seat. By the way, breaks fail too. Still, put your seat belt on, cars with airbags are safer and make sure your car has breaks.
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@hbkazemi33
H.Kazemi
4 years
@nntaleb I’m dying to find out how being a computer science professor prevents me from writing about compute science. Using broad brushes to paint, one usually ends up making mistakes.
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@hbkazemi33
H.Kazemi
4 years
Remind a fund manager that he has been collecting 1.5% fee for the last 10 years and yet his investors have lost 5% PER YEAR over the same time period. His response 👇
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@hbkazemi33
H.Kazemi
1 year
My conversation with @CAIAAssociation Educational Alpha Podcast, hosted by our CEO @CAIA_BillKelly We discuss ChatGPT and how it could impact the financial services industry. @FdpInstitute
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