Lee, I am associated with a young man who worked in Chicago as a High Speed Trader, his wife, a doctor, wanted to live in Louisville so he would fly back and forth every week….it wasn’t like doing a real trade, making decisions on what the market is saying, all he did was “front run” an existing trade….
It’s like seeing a train coming and just before it arrives you jump in front and beat the thing to the station…. He would make several hundred thousand a month for his firm….a real nice job if you are smart enough to qualify. But, love conquers all and now he also moved to Louisville to be with his wife…..now he is starting the journey of deciding what will work without all the speed….. For my belief, all this money, the fiber, even purchasing property within feet of the exchanges so your equipment has little latency getting to the exchange’s is a good gig, but these folks never end up with all the marbles like just a few of the value guys below. John Julian Robertson, Charlie Munger, Warren Buffett, Mohnish Pabrai, Ben Graham David Einhorn David Swensen of Yale > On Feb 9, 2019, at 3:20 PM, Lee Larson <[email protected]> wrote: > > On Feb 8, 2019, at 10:04 PM, Harry Jacobson-Beyer <[email protected] > <mailto:[email protected]>> wrote: > l >> Att in old Louisville. > > I was certainly hoping Google would stick with fiber in Louisville. The local > government bent over backward to encourage them: passing an ordinance giving > them access to poles and letting them have rights of way by city streets—even > trenching their way across. But, of course, Spectrum and AT&T tied them up in > court for years, delaying installation. I suspect they were so behind > schedule, they gave up. > > It looks as though the cities they are staying in all have big tech > economies. That made Louisville an outlier in the list of cities. > > I have a friend in Kansas City, one of the first Google fiber cities. He has > had Google fiber for years and gets 1 Gb/s both up and down for about > $70/month. > > In my neighborhood, there are wiring conduits buried by every street making > it easy for companies to install fiber. Both Spectrum and AT&T pulled fiber > through shortly after Google started threatening their duopoly. These fiber > runs pass right by my back yard, less than 40 feet from the house. Here are > the highest speeds they offer: > > • AT&T maxes out at 1000 Mb/s down and 1000 Mb/s up for $100/month. > ($90/month for the first year.) > > • Spectrum maxes out at 940 Mb/s down and only 35 Mb/s up for $115/month. > (Lots of deals for the first year.) > > I’ve not made the jump to gigabit speed because I don’t need it—200 Mb/s is > comfortable right now. Most Internet services are much slower than 200 Mb/s. > For example, you can stream 1080p high-definition at 5 Mb/s. Even 4K video > from Netflix or Amazon needs no more than 15-20 Mb/s. > > L^2 > > PS/ Many people I talk to about this look at awesome raw speed and forget > about latency. For things like Web browsing, latency and DNS lookup time are > often more important than raw speed. Latency is what kills satellite > broadband, even though its raw speed can be pretty high. Just to show you how > important latency can be, a few years ago a consortium of financial companies > paid billions for a new fiber run from New York to London just to shave 5 > milliseconds off the latency time, not to increase the data transfer rate. > There’s a new cable from New York to Chicago for the same reason. > > ---- > Lee Larson > [email protected] <mailto:[email protected]> > > I like deadlines. I love the whooshing sound they make as they fly by. — > Douglas Adams > > > > > > _______________________________________________ > MacGroup mailing list > Posting address: [email protected] > Archive: > <https://urldefense.proofpoint.com/v2/url?u=http-3A__www.mail-2Darchive.com_macgroup-40erdos.math.louisville.edu_&d=DwIFaQ&c=OAG1LQNACBDguGvBeNj18Swhr9TMTjS-x4O_KuapPgY&r=F2GFXrjLFqVo3VwvIlo_XYeEiRRjHv15rxcenz7A21woG2aFGcrzndoSsskxfmOs&m=fjk0QL-G2cyUeFVRlWDuewsmSQs-zz_NbUyoAAQbSpI&s=w5Ae_XhXvsVBG2HSTiZntTyv9vlqZprpJpakxtL9QuA&e=> > Answers to questions: <http://erdos.math.louisville.edu/macgroup/>
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