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> The moral of the story is that when you beat Wall Street at their own game, they will change the rules on you so they win anyway. They didn’t change the rule
by koolba 6y ago
> The moral of the story is that when you beat Wall Street at their own game, they will change the rules on you so they win anyway.
They didn’t change the rules. The rules are clear that they’re allowed to change the rules anytime they want. That’s one of the rules.
- mattnewton 6y agoIn this particular case I’m not sure actually; they changed contracts to allow a later date.
- emmelaich 6y agohttps://en.wikipedia.org/wiki/Nomic https://en.wikipedia.org/wiki/Nomic
- clankyclanker 6y agohttps://en.wikipedia.org/wiki/Calvin_and_Hobbes#Calvinball https://en.wikipedia.org/wiki/Calvin_and_Hobbes#Calvinball
- clankyclanker 6y agoThat’s supposed to be a link to CalvinBall, but it didn’t quite work right.
- 082349872349872 6y agoI don't believe it's possible to come up with a fixed set of rules that protects against market manipulation in both directions: the more one attempts to manipulation-proof in one direction, the easier it gets to manipulate in the opposite.
- gwnwest21 6y agoWolfe Research firm is developing a tool that can scan large volumes of language text on subreddit forums like wallstreetbets and assess which stocks are being targeted by retail traders. The article is currently at Market Watch.