hntrader

41 ms·

361.
by hntrader 6y ago
It's true everywhere already. Compare the SPY to a large cap stock to a small cap stock, and you'll see tail events decrease monotonically along market cap. Compare BTC to a shitcoin. Compare the USD to a smaller currency. It&#x27
362.
by hntrader 6y ago
That's only because of fund degrossing. The idea that it's a safe haven for a near-world ending event (but not so disastrous as to wipe out all miners), is still valid
363.
by hntrader 6y ago
That's a very interesting resolution to the tragedy of the commons issue that heterogeneous state actors face. As long as you have a bloc sufficiently large enough that's willing to impose import duties on non-complying countries,
364.
by hntrader 6y ago
Everything in my gut says we're not currently alone, and if I was offered a wager that was moderated by an omniscient being I'd be happy to bet at 1:10 to 1:50 odds. Of course, nobody has specific evidence either way, this is all
365.
by hntrader 6y ago
For the small number of people that are truly beyond rehabilitation (say they have some compulsion to keep murdering people because of some problem with their brain), what do you propose if not some sort of confinement (i.e. prison)?
366.
by hntrader 6y ago
It's highly relevant from a perspective of philosophical and scientific curiosity, and mostly (seemingly) irrelevant from a perspective of practical impact on our lives. I'm also cautious to jump to such conclusions given how nasc
367.
by hntrader 6y ago
Since controlled fusion isn't mutually exclusive to using Dyson Spheres, why not use both? It seems that constructing Dyson Spheres can only add to the amount of energy that an advanced civilisation is capable of harnessing even if the
368.
by hntrader 6y ago
These emergent properties that you mention (temperature, intelligence) can in principle be described by the individual components (particles) along with the fundamental laws of physics that govern their interactions. The emergent property t
369.
by hntrader 6y ago
Very interesting to hear about that arb, and the reasons it comes about and persists makes a lot of sense. In addition to the reasons you mention (retail cluelessness, margin requirements, risk systems), these are some other reasons I can t
370.
by hntrader 6y ago
Would the costs associated with holding perps differ substantially from getting exposure (in the same trade direction) through traditional futures? In perps we compensate the market through funding, and in futures we do so through term stru
371.
by hntrader 6y ago
I was making a normative statement, not a descriptive one (although I didn't communicate that effectively). Those are the three valid purposes that prison should serve, whether or not that happens to be true for a specific instance o
372.
by hntrader 6y ago
Isn't it rather different to CFDs because of the interest mechanism that it uses to keep the price aligned with spot? Where else have we seen that before Bitmex? The inversion was another big innovation of the perp contract, yes.
373.
by hntrader 6y ago
Correct. I'm saying it behaves like a futures contract in the sense it is delta one. It serves the same purpose as a futures contract but achieves that through a different mechanism. EDIT: My apologies, you are right. I called it a &
374.
by hntrader 6y ago
Meaning it's delta one. That is, it moves in near perfect tandem to the spot price.
375.
by hntrader 6y ago
The derivative contract that drove the success of Bitmex, called a Perpetual Future, was quite the innovation. It behaved like a futures contract that never expired. It then led to copycat products across their major competitors. Is there a
376.
by hntrader 6y ago
You're talking at cross purposes. Divorce is a positive resolution to a terrible relationship. Death isn't a positive resolution to cancer. Divorce is only negative if we don't condition on the existence of a terrible relatio
377.
by hntrader 6y ago
So-called emergent properties are just categorical abstractions that we've created in our mind to cognitively handle the complexity of the macroscopic world around us. These are evolved mental heuristics. There's nothing beyond fu
378.
by hntrader 6y ago
Same. I'm highly sceptical of plant-based meat substitutes from a health perspective. There's so much we don't know about micronutrients, bioavailability, and the human body, I don't believe that these highly processed a
379.
by hntrader 6y ago
Some form of prison is necessary, and it serves three purposes: - rehabilitation - deterrence - protecting society from the criminally inclined Every society, including the most liberal, have found some type of prison to be necessary. It is
380.
by hntrader 6y ago
That can be said for anyone, including our elected leaders. Obama was "lucky" to be gifted with high intelligence (genetic lottery), good public speaking skills and high extroversion, which eventually led to his election as POTUS.
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by hntrader 6y ago
The opt-in part is what makes all the difference, and it's why the accusations of utopianism fall flat. We should have more experimentation of alternative systems of governance. Creating experimental, small scale and opt-in societies t
382.
by hntrader 6y ago
RH purportedly didn't change the rules, it was unexpectedly large NSCC capital requirements due to an unexpectedly large level of volume on the week.
383.
by hntrader 6y ago
Chesterton's Fence applies. (1) Shorting is necessary for the operation of the derivatives market due to the need to hedge Greeks. (2) Shorting is necessary for market makers to provide quotes on both sides, which is why spreads are s
384.
by hntrader 6y ago
I'm sceptical that marijuana is good for people's health, there's some correlational evidence linking teenage use to cognitive deficits in later age. But I also realize that there's health benefits for certain groups of
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by hntrader 6y ago
There is some gender-specific variation regarding breakup regret, which I found to be curious: https://www.vice.com/en/article/gy79yy/men-tend-to-struggle-...
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by hntrader 6y ago
Putting analogies aside, what I'm saying is that regulating this would be extremely costly to industry and for extremely little (or no) benefit. Stocks with a short interest over 100% almost never happen, and in the rare case that it d
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by hntrader 6y ago
It's also being studied as a treatment for autism: https://www.sciencedaily.com/releases/2019/04/190409093725.h...
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by hntrader 6y ago
> This is like arguing for not fixing a really weird state in code That's not a valid analogy. The reason we fix bugs and address code smells is that the cost of doing so is relatively low and the benefit is large from both a tail-r
389.
by hntrader 6y ago
> parents make most of the choices for children That's mostly true for what the kid eats, but not really how much the kid eats. Childhood obesity is largely genetic, the correlation between an adoptee's BMI is stronger with
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by hntrader 6y ago
Sort of like fractional reserve banking? In practice it doesn't make a big difference whether it's banned or not. Stocks almost never have a short-interest above 100%, and the larger the short-interest the less attractive it becom

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