fairestvalue

3 ms·

1. 1.▲
   by fairestvalue 1y ago

   how do you differ from tinygrad?
2. 2.▲
   by fairestvalue 2y ago

   Uber and Lyft are literally the textbook examples of (local) network effects. OpenAI is not.
3. 3.▲
   by fairestvalue 2y ago

   Except, in practice (not "traditionally"), the cost of a sophisticated market maker to acquire these constituents is usually much less than if you or I were to trade on the market in our brokerage account. SPY's spread is onl
4. 4.▲
   by fairestvalue 2y ago

   Ummm, have y'all thought about spread costs? If you look at the spread of any of these ETF's mentioned (spread = ask px - bid px), you will notice that the spread is much smaller than if you were to sum up the spreads of each comp