rgarcia

25 ms·

1. 241.▲
   by rgarcia 17y ago

   My intention wasn't to end the debate, but rather to steer it away from the substance-lessness that characterizes most debates about HFT. That being said (disclaimer: I am a HFTer), this article is a pretty weak defense of HFT. Like others
2. 242.▲
   by rgarcia 17y ago

   There are lots of markets with high barriers to entry. Does the fact that Kinkos invests millions in fancy printers make the photocopying business unfair?
3. 243.▲
   by rgarcia 17y ago

   The last section makes an interesting point about the type of speculation that HFT does, i.e. it's not long-term (no positions carried overnight) and thus it can't create the types of asset bubbles that we've seen in the past
4. 244.▲
   by rgarcia 17y ago

   http://www.paulgraham.com/disagree.html DH1