oa335

24 ms·

391.
by oa335 6y ago
Let’s say I have a margin account and own 100 shares of GME. My broker then lends out those shares of GME to a hedge fund. What would have to happen for me to never get my shares back? I assume if the hedge fund goes bankrupt, it’s cleari
392.
by oa335 6y ago
The clearinghouse requiring more margin should definitely be investigated, but it’s not unreasonable. Robinhood offers margin accounts, and may have lent money to all the traders by GME at 300-400 dollars, over 10 times what it was trading
393.
by oa335 6y ago
TARP made only about $15 billion on about $400 billion “investment “ from around 2008-2013. An investment in almost any other financial asset would have made much much more money over that timeframe. To drive home the point, compare Warre
394.
by oa335 6y ago
This article sets up a straw man argument. The finance industry does provide value, but he we elides over the issue that most people have with the industry, which is that losses and risk of the systems are incurred (e.g. bailouts) by the b
395.
by oa335 6y ago
On the podcast Invisibilia I heard a fascinating story about a woman who could smell people who would develop Parkinson’s, well before other diagnostic tests. Here’s an article about her: https://www.npr.org/sections/h
396.
by oa335 6y ago
Last I checked they were still subject to delivery requirements, but had a substantially longer time to find the shares (10 days iirc).
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by oa335 6y ago
He is something like log(4) times happier than his friends, according to the paper /s.
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by oa335 6y ago
“Nationalism is the only system of widespread altruism that works” sounds a lot like “the horse and buggy is the only system of long distance transportation that actually works”.
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by oa335 6y ago
This is an idea that I have been kicking around in my head for several years and I’m interested in learning more about it. Do you have any recommendations on writers that expound on what the world would look like without nation states?
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by oa335 6y ago
What tools did you use to build your wiki? Sounds very useful.
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by oa335 6y ago
Why would the NSA bother with hacking American companies? The American security establishment is only one warrant or national security letter away from getting all the information they need from any of these companies.
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by oa335 6y ago
Different marketplaces have different gender distributions. The electronics market will usually be majority male. The cloth/clothing market will be majority female. Also, your comment branding an entire country as disgusting reveals mo
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by oa335 6y ago
Because upper class Pakistanis have a “colonized” mindset and tend to believe that true quality culture must be imported. Additionally, egalitarianism is not a value as it is in the USA, so working class art is generally looked down on.
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by oa335 6y ago
One possibility is that all human discourse has ALWAYS had a “Manichaean” character... previously this low quality discourse was restricted to people in your in group in private conversations, whereas now due to the internet a larger portio
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by oa335 6y ago
Just finished this book. At times I found that some of his generalizations were too broad, but overall I thought the book was excellent, especially the insight that credit predates money and is the more “natural” form of exchange.
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by oa335 6y ago
Reading “The Easy Way to Stop Smoking” by Alan Carr probably added years to my life. “Sirens of Titan” by Kurt Vonnegut resonated with me on an emotional level.
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by oa335 6y ago
The table doesn’t make much sense to me. If the strike price is $1 for options on 100,000 shares, then my understanding is that the “Cost at exercise” column will be $100,000 no matter when you exercise. Am I missing something?
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by oa335 6y ago
Does anyone have a good summary of arguments/evidence for and against MMT? I have a hard time finding things that are don’t seem polemic in tone.
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by oa335 6y ago
That’s not at all what I am saying, you are straw-manning.
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by oa335 6y ago
How is it not a racist archetype? Good guys = white people from the north with British features and bad guys = dark people from the South with Middle Eastern features is in fact how the British thought of the world for hundreds of years...
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by oa335 6y ago
I suggest having a “front page”, something akin to Reddit.com/r/all, so I can get an idea of what the community as a whole thinks is a good note etc
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by oa335 6y ago
By the way, though I agree with your sentiment re history of money, his allusion to the progression of economies from barter to coinage to credit was really just an aside and not relevant to any other part of the article. I did read the res
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by oa335 6y ago
David Graebers book “Debt” also argues, successfully in my opinion, that credit predates coinage. The first written documents from Sumeria support this view.
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by oa335 6y ago
I clicked around the site and skimmed a few articles but I can’t figure out what exactly “Risk-first” development entails.
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by oa335 6y ago
My guess is photobucket archives, that site was really popular among college age kids around that time.
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by oa335 6y ago
“When it was clear that there were no Soviets around, the truck was stopped at the last possible turn-off, a canvas was thrown over the crate, and a new driver took over. The original driver was escorted to a hotel room and kept there for t
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by oa335 6y ago
For those more interested in Islamic history around this time period, I would recommend http://abbasidhistorypodcast.com . For more about the history of science and philosophy, I recommend the “History of Philosophy Without Any
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by oa335 6y ago
Definitely a sea change happening. I’ve noticed a proliferation of “village life” YouTube channels from Pakistan... it seems that cheap solar power, cellular internet, and cheap smartphones is bringing a whole new class of people online and
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by oa335 6y ago
The opportunity to check Chinese economic domination was lost when the US pulled out of the TPP. The RCEP grew out it's ashes. The TPP would have institutionalized standards favorable to the US and unfavorable to China.
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by oa335 6y ago
There were already Republican observers in NV (as per state law) and in PA, including Philadelphia. The argument lawyers are making in Philadelphia is basically incoherent. See the excerpts from the court transcript for PA case.

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