3 ms·
Fun fact I love to repeat: Quanta Magazine gets most of their funding from the Simons Foundation which gets some of its proceeds from the Medallion fund, which
by DantesKite 5y ago
Fun fact I love to repeat: Quanta Magazine gets most of their funding from the Simons Foundation which gets some of its proceeds from the Medallion fund, which uses deep mathematical techniques to do absurdly successful daytrading, most of which comes from other daytraders losses.
So every time someone loses money on Robinhood, they contribute to Quanta Magazine lol.
- anchpop 5y agoA lot of theoretical physics research is funded by bored rich traders (who are disproportionately physics people)