pxmpxm

21 ms·

241.
by pxmpxm 3y ago
> How are they taking on loads of risk? This entire story is about a trading firm that lost 400m trying to provide market liquidity. Which part of the loads of risk isn't clear in this context?
242.
by pxmpxm 3y ago
Actually it's one of the few truly intellectually-pure endeavors. Everything else is the same pursuit with extra steps: Make a trading strategy to make money vs Make a cutting edge machine learning classifier to back out latent meani
243.
by pxmpxm 3y ago
They were asleep at the wheel, not unlike all the random brokerages that blew up when swiss central bank pulled the CHF peg in 2015. This is a culture problem - as soon as you load up your trading firm with a bunch of software industry hire
244.
by pxmpxm 3y ago
Houses burn cash monthly - utilities, maintenance, taxes etc. Absent of misguided government interventions (nyc rent control etc), it makes no economic sense to leave a property vacant versus renting it. Even in your hypothetical, you'
245.
by pxmpxm 3y ago
> an owner occupier doesn't own a vacant property - only investors do ... underutilised properties. They invariably get rented out; you won't make any money for places that sit vacant...
246.
by pxmpxm 3y ago
Prices of housing or tswift tickets aren't going up because investors/scalpers, they are going up because again there's excess demand versus supply. Your entire example is predicated on this very fact: scalpers cannot compel
247.
by pxmpxm 3y ago
Why is that relevant? It's not as if those properties remain vacant, that wouldn't exactly make sense from the investor perspective. You've got excess demand over supply, so prices go up. Just like with anything else, the sol
248.
by pxmpxm 3y ago
Taking money from person A and giving it to person B doesn't actually make anything cheaper.
249.
by pxmpxm 3y ago
I guess you've never had sudo before.
250.
by pxmpxm 3y ago
Seems like the majority of mastodon content is mastodon enthusiasts posting about how good it is to post on mastodon... https://www.researchgate.net/profile/Rembrandt-Wolpert/publi...
251.
by pxmpxm 3y ago
EU has nearly identical KYC and AML requirements...
252.
by pxmpxm 3y ago
First thing that came to my mind - gonna get sued/shutdown by DOJ for ignoring KYC/AML stuff like every crypto thing that claimed the same.
253.
by pxmpxm 3y ago
It certainly explains status quo - SF spends ~$57k per homeless person per year, yet is somehow unable to "solve" it despite that amount being more than median household income in this country. Demonstrably whatever the city is do
254.
by pxmpxm 3y ago
This. All people want is to be able to see pics of their friends and kids from whatever vacation they're on, preferably in chronological order.
255.
by pxmpxm 3y ago
Yeah China is definitely the paragon to follow when it comes to CO2...
256.
by pxmpxm 3y ago
I've never heard of that in my life - got a link to back that up?
257.
by pxmpxm 3y ago
> struggle to take I wonder if the couple hundred billion dollars we're sending there, along with "volunteers" that all seem to have CIA operator type resumes, are in any way connected to that. This has been by far the mo
258.
by pxmpxm 3y ago
> wants to join the EU/NATO will go around selling the West's equipment Yes, you clearly have never set foot in "eastern" Europe. And I'm saying that as someone that grew up there.
259.
by pxmpxm 3y ago
Curious what you're doing them?
260.
by pxmpxm 3y ago
> extremely good times with it doing?
261.
by pxmpxm 3y ago
> expanding into this space Almost certainly arranged as a marketing thing from Bugatti, gotta make the 2mio+ cars cool to the important 12-25 consumer "tech" crowd for reasons.
262.
by pxmpxm 3y ago
Bingo. The vegan thing is orthogonal to the topic at hand - a vegan diet made of HFCS held together by soybean oil will get you obese in no time.
263.
by pxmpxm 3y ago
Yeah, I'm sure he or she would be able to articulate the meaning of the proper nouns you used in that sentence. Less generous take would be "enviro-hobby parents pimp out their pre-K kids for a publicity stunt"
264.
by pxmpxm 3y ago
Pretty sure Pokemon cards is all the rage now, same business model. Marketing directly to children and near-infinite production margins.
265.
by pxmpxm 3y ago
I would posit the vast majority of non-specialty restaurants will have vegan dishes that are objectively inferior to the non-restricted menu items, which is why people tend do avoid them.
266.
by pxmpxm 3y ago
Disagree - there are multiple VC claiming multi-month due diligence before piling money into FTX. That premise and this multi billion exchange running the entire business on emojis and quick books cannot exist in the same reality.
267.
by pxmpxm 3y ago
Probably a stupid question, but to what end?
268.
by pxmpxm 3y ago
NYC I'm guessing
269.
by pxmpxm 3y ago
> it's a law that was pushed by the POLITICIANS FTFY. The industry is incentivized to reduce cost, politicians are incentivized to increase votes.
270.
by pxmpxm 3y ago
I fully ignore this New Jersey idiocy with my cars and motorcyles, for the very same reason. The pumps are completely identical over there, so you can just pay with your card like in any every normal state.

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