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I'm an anti-intellectual ball buster, so I'm triggered by the "ELI5" conceit preceding a verbose summarization of the linear programming problem. A better foll
by jimmyvalmer 5y ago
I'm an anti-intellectual ball buster, so I'm triggered by the "ELI5"
conceit preceding a verbose summarization of the linear programming
problem. A better follow-up to the ELI5 condescension would be, "I
exploit discrepancies between what energy prices are and what they ought
to be for the benefit of my employer, and thus myself."
- throwoutway 5y ago“And to the detriment of others”
- jimmyvalmer 5y agoGiven the zero-sum nature of secondary markets, that's tautological and rather uncharitable to the trading profession. Arbitrageurs do serve a real, and given their compensation, quite valuable function of accelerating price convergence to a theoretical optimum.