5 ms·

So? Nobody is deprived of anything. You’d prefer for whatever company has the fastest algorithms to process corporate announcements to reap 99% of the $$$? How

by prvit 4y ago

So? Nobody is deprived of anything. You’d prefer for whatever company has the fastest algorithms to process corporate announcements to reap 99% of the $$$? How is that any better?

tppiotrowski 4y ago
I sell you a lemon car. You benefit because you have a car and I benefit because you paid me money. Which one of us got the better deal? Edit: algorithmic option is available to anyone but insider trading rewards a select few "insiders". No meritocracy.
- prvit 4y ago
  > Edit: algorithmic option is available to anyone but insider trading rewards a select few "insiders". No meritocracy. So what? How does artificially helping algorithmic traders help society at large, or even just market participants at large? This is just creating a worthless industry that could be entirely replaced by insider trading.
  - jabits 4y ago
    Man, you should take a finance class…
    - prvit 4y ago
      I have an Economics with Accounting degree from LSE actually
      - skinnymuch 4y ago
        You're anonymous. This doesn't mean anything.
        prvit 4y ago
        Just like the “you should take a finance class” means nothing. Especially considering that anyone who has taken a couple of such classes understands that insider trading is a very contentious topic among economists.
        skinnymuch 4y ago
        Correct, that means nothing too.
        notch656a 4y ago
        [skinnymuch bio] >>Self taught programmer. >> Learning CS fundamentals, Algo + DS alongside leetcoding as I’ll fully switch to a software dev career when I can land a solid programming job. >> always enjoy talking to people - helping one another out, bouncing ideas. ---> 'helps another out' by shitting on someone for meaninglessness when he doesn't produce formal credentials Bravo brother!
        skinnymuch 4y ago
        What? I don’t understand your point. Credentials don’t matter. How is me saying the comment doesn’t mean anything, mean I care about credentials? I didn’t say “with proof of your credentials I would bow down to what you say” Also, which part of my comment is shitting on some one? Saying something casually isn’t shitting on someone. There has to be some thing like bad faith involved. Like what you do including here.
        notch656a 4y ago
        >Credentials don’t matter. How is me saying the comment doesn’t mean anything, mean I care about credentials? So you really meant to just say "this doesn't mean anything" rather than "You're anonymous. This doesn't mean anything." Turns out your comment was just another disingenuous "heads I win, tails you lose" where by your own self admitted stance, it would have also not meant anything if they weren't anonymous and actually did provide credentials (despite classes OP called for actually being a part of getting those credentials).

by prvit 4y ago

So? Nobody is deprived of anything. You’d prefer for whatever company has the fastest algorithms to process corporate announcements to reap 99% of the $$$? How is that any better?

tppiotrowski 4y ago

I sell you a lemon car. You benefit because you have a car and I benefit because you paid me money. Which one of us got the better deal? Edit: algorithmic option is available to anyone but insider trading rewards a select few "insiders". No meritocracy.

prvit 4y ago
> Edit: algorithmic option is available to anyone but insider trading rewards a select few "insiders". No meritocracy. So what? How does artificially helping algorithmic traders help society at large, or even just market participants at large? This is just creating a worthless industry that could be entirely replaced by insider trading.
- jabits 4y ago
  Man, you should take a finance class…
  - prvit 4y ago
    I have an Economics with Accounting degree from LSE actually
    - skinnymuch 4y ago
      You're anonymous. This doesn't mean anything.
      - prvit 4y ago
        Just like the “you should take a finance class” means nothing. Especially considering that anyone who has taken a couple of such classes understands that insider trading is a very contentious topic among economists.
        skinnymuch 4y ago
        Correct, that means nothing too.
      - notch656a 4y ago
        [skinnymuch bio] >>Self taught programmer. >> Learning CS fundamentals, Algo + DS alongside leetcoding as I’ll fully switch to a software dev career when I can land a solid programming job. >> always enjoy talking to people - helping one another out, bouncing ideas. ---> 'helps another out' by shitting on someone for meaninglessness when he doesn't produce formal credentials Bravo brother!
        skinnymuch 4y ago
        What? I don’t understand your point. Credentials don’t matter. How is me saying the comment doesn’t mean anything, mean I care about credentials? I didn’t say “with proof of your credentials I would bow down to what you say” Also, which part of my comment is shitting on some one? Saying something casually isn’t shitting on someone. There has to be some thing like bad faith involved. Like what you do including here.
        notch656a 4y ago
        >Credentials don’t matter. How is me saying the comment doesn’t mean anything, mean I care about credentials? So you really meant to just say "this doesn't mean anything" rather than "You're anonymous. This doesn't mean anything." Turns out your comment was just another disingenuous "heads I win, tails you lose" where by your own self admitted stance, it would have also not meant anything if they weren't anonymous and actually did provide credentials (despite classes OP called for actually being a part of getting those credentials).