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The author buried the lede. Zillow came up with a model to choose bid and ask prices. The model said, "Don't buy". They didn't believe the model and chased t
by projektfu 5y ago
The author buried the lede. Zillow came up with a model to choose bid and ask prices. The model said, "Don't buy". They didn't believe the model and chased the deal, and lost money.
Sometimes it's better to sit on your hands.
- shp0ngle 5y agoYeah this article makes it sounds like algorithmic trading is wrong by design, but that’s not really true in this case at least