pgwhalen

56 ms·

661.
by pgwhalen 10y ago
What exactly does banning lobbying look like in a representative democracy?
662.
by pgwhalen 10y ago
Does tinder's super like count? Obviously a totally different domain. I have mixed feelings about it.
663.
by pgwhalen 10y ago
Yes but canceling a lot of your orders is not necessarily indicative of spoofing. In fact it's kind of the crux of market making. These are ver different behaviors. https://www.bloomberg.com/view/articles/2015
664.
by pgwhalen 10y ago
True HFT is not in any sense dead, it's just matured so only those with deeper pockets can compete.
665.
by pgwhalen 10y ago
Lack of competitors? Now that Netflix has seemingly accepted having a terrible selection and is focusing on producing their own content, they're just one of many. Their distribution mechanism isn't even that unique (subscription o
666.
by pgwhalen 10y ago
The fear of lazy people is not founded on empirical evidence just as much as the idea that people can be encouraged to contribute nothing without detriment is founded on empirical evidence. Once again, I'm not sure about how the realit
667.
by pgwhalen 10y ago
The problem with your thinking is that it ignores that it takes "work" to get people those basic necessities you refer to. So there absolutely is a danger in disincentivizing people to work, if people contribute nothing, but consu
668.
by pgwhalen 10y ago
That's funny, I would say the exact opposite is more often the case.
669.
by pgwhalen 10y ago
I'm not gonna argue that financiers are curing cancer, but it sure does bother me that so many intelligent people who understand nothing about the industry have just grown to assume that it provides no value to society.
670.
by pgwhalen 10y ago
Sorry, I was referring to the implementation of safepoints, not GC latency.
671.
by pgwhalen 10y ago
Hotspot does that as well. Really nifty stuff.
672.
by pgwhalen 10y ago
>Make it compile low-level vs. byte code so it's fast as shit. AOT compilation is not automatically faster than JIT compilation. Java already is fast as shit. If you're worried about that first 100 milliseconds, works is bein
673.
by pgwhalen 10y ago
Meme? That's what freedom of speech is. It specifically has to do with the government. Censorship is a broader term, but don't invoke "free speech" if you don't want it to apply to the government case.
674.
by pgwhalen 10y ago
I'm about 90% sure that Lewis mentions it in his "acknowledgements" in Flash Boys, as a great resource to go more in depth (which is why I ended up reading it). You might have made that association.
675.
by pgwhalen 10y ago
Dark Pools isn't by Michael Lewis, it's by Scott Patterson.
676.
by pgwhalen 10y ago
Great clarification. HFTs have short holding times for securities, but they're not typically in and out of trades in a handful of microseconds.
677.
by pgwhalen 10y ago
I'm curious what you mean by that. Should we go back to all gathering in the same room and shouting at each other?
678.
by pgwhalen 10y ago
I think dsl's understanding is pretty good actually; the metaphor breaks down a bit with car buying. It's clearly better than nsedlet's definition.
679.
by pgwhalen 10y ago
>Are you saying front-running is not an HFT strategy? Because that is incorrect. I think dsl is quite familiar with the sort of HFT strategy you describe. I think s/he is just trying to correct your use of the term front-running, w
680.
by pgwhalen 10y ago
I think any media provider out there would prefer a subscription model - it's just so much simpler. Unfortunately people just aren't paying for it as much as they need to.
681.
by pgwhalen 10y ago
Manhattan alone is on the order of 2000 blocks, I don't know where you came up with that figure.
682.
by pgwhalen 10y ago
I had the exact same experience. I was totally outmatched. Interestingly though, in my typical life as a guy with an office job, I average about 1 breakfast per month and have no problems with energy in the morning.
683.
by pgwhalen 10y ago
If you interpret "can't ramp up" as "can't ramp up without extreme cost/risk," one could envision both being a problem. They could go all in and fail to see the demand they were expecting.
684.
by pgwhalen 10y ago
I'm the last person you would call an expert, but in a deflationary economy, people tend to hold money rather than spend it, which is bad news.
685.
by pgwhalen 11y ago
Well perhaps the military isn't evil. Maybe that's how.
686.
by pgwhalen 11y ago
This is way overblown. Yes, the government should not be able compel Apple to build back doors, but this isn't some kind of new precedent about compulsion. There are plenty of industries where the cost of doing business includes creati
687.
by pgwhalen 11y ago
This is what everyone in capital markets execution has been doing for over a decade actually.
688.
by pgwhalen 11y ago
Huh? He explains this all in the article very clearly. He addresses the issue Citadel brings up but then demonstrates how unimportant it is to retail investors.
689.
by pgwhalen 11y ago
Everyone live talked to feels the inverse. Perhaps its appeal is regional.
690.
by pgwhalen 11y ago
In some industries though, self-hosted is a requirement.

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