3 ms·

Louis Remme’s horse race against a steamship for a fortune

• ggm 3y ago
  ".. and that kids, is why the old microwave towers which turn out to have a 100ms advantage in RTT over your fibre optic link are still being used by canny traders to get in ahead of the other guy, on their market knowledge"
  • weswilson 3y ago
    Reminds me of the Sniper in Mahwaw (https://sniperinmahwah.wordpress.com/ https://sniperinmahwah.wordpress.com/) posts about HFT and microwave towers. I think this is the first in the series: https://sniperinmahwah.wordpress.com/2014/09/22/hft-in-my-backyard-part-i/ https://sniperinmahwah.wordpress.com/2014/09/22/hft-in-my-ba...
    • The_SamminAter 3y ago
      This lead me down a wormhole. Thanks for the interesting links!
  • rsynnott 3y ago
    Somewhere, a hedge fund is quietly investing in neutrino comms research.
    • gumby 3y ago
      Neutrinos, phooey. Tachyons are the future, I tell you!
• jaystraw 3y ago
  This story is written creatively, yet succinctly. Fantastic.
• moralestapia 3y ago
  >Remme had just deposited $12,500 in gold slugs to his account, the profits of selling cattle to the beefsteak-hungry miners slaving in the camps along the Mother Lode. How many of those Forty-Niners had gleaned that much gold for two months' labor? Inflation adjusted that's more than $150k per month. And people thing we have a good time now ...