The issue with Vapnik's work is that it's pretty dense and actually figuring out the Vapnik-Chervonekis (VC) dimension etc is pretty complicated, and one can develop pretty good intuition once you understand the stuff without having to actually calculate, so most people don't take the time to do the calculation. And frankly, a lot of the time, you don't need to.

There may be something I'm missing completely, but to me the fact that models continue to generalize with a huge number of parameters is not all that surprising given how much we regularize when we fit NNs. A lot of the surprise comes from the fact that people in mathematical statistics and people who do neural networks (computer scientists) don't talk to each other as much as they should.

Strongly recommend the book Statistical Learning Theory by Vapnik for more on this.

If it's an error, you correct and accept errors as the cost of doing business.

Do not do this. You do not need a “strategy”. Just do it! Rip off the band-aid. Either tell them the truth or give no reason even if asked. Reverse the mistake asap and get moving on your company’s mission. You don’t need one second more of this. Nor does anyone else at your organization. Do it today! Do it dispassionately. Do it as nicely as possible. You are going to feel bad because you are a good empathetic human.

Some people will have a reaction. Some people will “have a reaction” to try to get more out of you. You are not responsible for either. You are responsible only for your own actions. Figure out what you should give them to be fair and add a little extra so you are sure it isn’t unfair.

Plan what you will say and do in advance and have someone you trust with you in the meeting. Stick to your plan. Even the best hiring processes succeed only 50% of the time (though this goes beyond just a bad hire). Firing, and firing quickly is just as important as hiring well.

Also remember that if an applicant tailors to a hiring process to this extent, that’s not just a failure of the process. It’s dishonesty. Even if the applicant were competent, you absolutely don’t want to entertain someone dishonest in your company.

If you need to take quick notes and drying out is a problem because the pens are uncapped and capped a lot, get a Lamy 2000, vintage (not new) Parker 51 or a Pilot Vanishing Point. The first two have slip caps and hooded nibs so cap and uncap really quickly and don't dry out due to the hooded nib. The Vanishing Point also has a hooded nib but you click it like a ballpoint pen to expose and hide the nib. Also don't use quick drying inks.

If drying out is a problem because you don't write frequently enough, there are two solutions. Solution 1: Buy a Platinum (Preppy for low end, or 3776 higher end). It has a really good cap. Both will take a long time to dry out. Or even better, write more frequently.

If you buy from eBay or used elsewhere or for that matter Amazon, you do sometimes get a bad nib because someone has tried to tune one of these nibs and botched it and then decided to try and sell the pen new.

Plus they have a really good lifetime warranty. If your nib has issues, call them. They will probably send you a replacement.

I recently bought a bottle of Noodler's Navy to replace a bottle I actually emptied that was bought maybe 5-6 years ago. The ink inside the bottle was almost certainly Noodler's Aircorp Blue Black, which I also have.

In my experience, and based on anecdata from friends who also use fountain pens, Noodler's inconsistency and quality control issues have gotten MUCH worse in the past 2-3 years.

Still, they mostly didn't make the list because while Pelikans are awesome, their nib quality control isn't what one would hope it was. In addition, you don't really know what you are getting in terms of nib size. I've bought Pelikan extra fines that make a wider line than Pelikan mediums.

If you know how to tune nibs or you budget and extra 50 dollars for a nibmeister to get it the way you like, or you buy from a retail store where you try the pen out first and know what to look for great. I suspect most here will buy online and won't necessarily know what makes for a problematic nib and how they want it to work.

Very important warning regarding Parker 51s or any modern Parker. Do not buy the modern Parker 51!! The brand Parker is now owned by a company that is choosing to take advantage of people who remember the Parker brand and foisting total garbage on them.

I also find that writing to take notes is much better than notes taken electronically. You can't write fast enough to transcribe. So you are forced to pay attention, process the information, compress it into nuggets (that may only make sense to you) and write those down. The notes aren't the point. The process means you retain more and understand better. If I wanted a transcription (which is certainly easier with electronic methods), I'd simply record.

I injured my wrist and hand a few years ago and simply would not be able to write as much as I do if I had to use a ball point pen.

Give fountain pens another try. A lot of the things that make them "impractical" is only an issue with bottom of the barrel, cheap pens.

Here are the pens I would suggest you consider if you don't know a lot about fountain pens. If you are a fountain pen collector, I'm mostly ignoring a number of European brands who make great pens but have nib quality control from hell which are fine if you know fountain pens and how to adjust nibs etc but not if you are a beginner.

Budget under 40 bucks:

1) Lamy Safari: The grip section is triangular to support the traditional writing grip. It's one of the choices middle schoolers are require to use in certain European countries. If you have a traditional grip and don't have huge hands you will likely like it. If you don't, stay away. Lamy sometimes has quality control issues on it's inexpensive nibs but not as many as other European brands in my experience.

2) Pilot Metropolitan: Pilot has a reputation of really good quality control on what are very high quality nibs. The 20 dollar Pilot Metropolitan is no exception. Amazing writing experience for the money. Probably the best steel nibs you can buy. Competitive with many pens that cost over 100 dollars.

3) TWSBI Eco: Piston filler pen so you don't need a cartridge or converter. The pen is a demonstrator so you can see how it works. Comes in lots of cute colors. Uses Jowo nibs so the nibs are pretty good. Not quite as good as Pilot nibs.

I suggest most people skip the next level up in price. You don't get much more for the money and you are probably better off saving for the next level up.

Next level up from that. You usually get gold nibs at this level.

1) Lamy 2000: In permanent collection of the Museum of Modern Art. Design hasn't changed since the 1960s and is timeless. It's designed for people who know how to use fountain pens, the right amount of pressure, the right grip and who don't rotate the pen, the aforementioned kids in the European school who grew up on a Lamy ABC and then the Safari and so on. It's absolutely awesome but not recommended as your first fountain pen if you've never used one before. It's different from other pens so if you get it, I suggest you try it for a few weeks if you don't love it. I've known more than one person go from "I hate it" to "It's my favorite pen" as they learn how to use it. Absolutely beautiful and very understated pen. Amazing nibs that have a feel unlike any other. Slip cap so great for short notes.

2) Pilot Vanishing Point: Clicks to expose and hide the nib. No cap. So feels like a ball point. Nib is long and narrow so slightly bouncy. Really nice writing experience. There is clip near where your grip goes so some people won't like that. Very comfortable if you hold it with a traditional grip. Right up there with the Lamy 2000.

3) Platinum 3776: Really nice nib. Designed to give you feedback as you write so you have more control. It's very smooth but has feedback. Having the extra control is really nice if you write a lot of mathematical notation.

4) Sailor Pro Gear Slim or Sailor 1911 (not 1911L which is more expensive). Amazing nibs. The non slim versions are described below. These pens and nibs are a bit smaller, stiffer and very good but not as good as the large versions. Note that the Pro Gear Slim and Sailor 1911 (not 1911L), may be too small if you have large hands. Many of my female friends find these very comfortable. If you are all about the nib, Sailor probably makes the best nibs in the world today.

Another level up:

1) Pilot Custom 823. Vacuum Filler. Amazing nib. Used by Neil Gaiman and other famous authors who like writing the first draft of their novels with a fountain pen. Used by other famous people as a signature pen. These pens are wet, i.e. put out a lot of ink. If you haven't graduated to fountain pen friendly paper, get a fine nib or maybe skip it for one of the others.

2) Platinum President. Like the Platinum 3776. More refined nib. Slightly thicker grip. Often available very cheaply on Amazon. Not very wet so very serviceable on cheap paper with cheap paper friendly ink.

3) Sailor 1911L or Sailor Pro Gear (not the slim version). Note: The slim versions are also very good but not quite as good. Sailor is thought to make the best nibs in the world. Absolutely amazing writing experience. Writing with a Sailor nib feels sort of like writing with a pencil. It's very smooth but not glass like. There is just enough control. Probably my favorite nibs. Not very wet so great for cheap paper.

If you don't write on high quality paper, and I mean genuinely high quality paper, like Rhodia, Tomoe River, Clairefontaine etc. as opposed to overpriced junk like Moleskine, get a fine nib in anything but a Sailor or Platinum. You can get a medium nib Sailor or Platinum since their nibs run narrower.

You should also limit yourself to a cheap paper compatible ink. You could try Platinum dye-based Blue Black, Diamine Registrar's Blue Black, Sailor Kiwa Giro, Sailor Seiboku or Sailor Souboku etc. You could get also get Noodler's Black. However, Noodler's hand mixes inks and the quality control is off a lot of the time. Nathan Tardiff's (owner and sole employee of Noodler's) political statements may not be compatible with a lot of the crowd on HN either. If you go with Noodler's, get regular Noodler's Black, do not get X-Feather.

(edited: formatting and minor changes for clarity)

Is it surprising to you that the effect was larger for AIG around 2010? As AIG was going bankrupt and the common stock holders were effectively getting wiped out, individuals were willing to hold AIG during the day to play crazy intra-day volatility but unwilling to hold AIG overnight because most announcements around restructuring were happening overnight.

Of course at the time short sales on a list of stocks including AIG were forbidden. So even if you ignore the fact that most day traders etc prefer to play things on the long side, you have the issue that they couldn't play the short side even if they wanted to.