4 ms·
> efficient markets are pointless You are profiting off workers as a middle man in the economy by doing HFT, and trying the justify it by some vague concept of
by tesdinger 3y ago
> efficient markets are pointless
You are profiting off workers as a middle man in the economy by doing HFT, and trying the justify it by some vague concept of the "correct price". You are producing nothing of value, merely taking away value before someone else notices it is there.
- nvarsj 3y agoJust think about what you said. "There is no value in a middle man". Do you only purchase goods from the person who made it? Our entire economy runs on "middlemen". Convenience has huge value to most people.