rokobobo

9 ms·

31.
by rokobobo 5y ago
And the idea with stolen art is that "dirty art" should theoretically always trade at roughly the same discount to "clean art," and in fact, over time, as gaps in the provenance become easier to patch up through fabricat
32.
by rokobobo 5y ago
My understanding is that dog-related food/medicine/nutritional supplements have a lot lower bar than human-grade equivalents, when it comes to regulatory clearance. On one hand, that makes me very skeptical that this would actuall
33.
by rokobobo 5y ago
If you are confident that these returns will continue, I’d happily loan you a couple of million at 50% interest rate, so you can buy even more crypto. (Of course, I’ll take your crypto as collateral).
34.
by rokobobo 5y ago
I don't think you need to be inspired by a particular circle-shaped object to decide to design another circle-shaped object.
35.
by rokobobo 5y ago
It honestly sounds like he was on a meme-making streak, and thought he'd throw one joke in there for people who understand that his statement means nothing
36.
by rokobobo 5y ago
Seconded. If you aren't willing to go through school, why would you be willing to take up a job? Most entry-level jobs will generally be even more boring, require more discipline and jumping through the kind of hoops that you will not
37.
by rokobobo 6y ago
Great idea. I come from high-frequency trading and robotics, and I'm interested in a fairly broad range of B2B software and some B2C. I do have some deal flow through my friends, although I could always do more, and compare notes/
38.
by rokobobo 6y ago
Did you mean "market share" (as in, notional share of all transactions) as opposed to "market cap" (as in, the sum of all bitcoin supply, multiplied by the current price)?
39.
by rokobobo 6y ago
That's correct. The DTCC requires brokers to post collateral until settlement of the trades, and even fully funded customer accounts accounts with <100% leverage can not be touched, the customer money cannot be used as collateral. O
40.
by rokobobo 6y ago
A share is a share is a share. You can’t tell which one was loaned out and which one wasn’t. And it’s not used as collateral, money is posted as collateral instead.
41.
by rokobobo 6y ago
Just to be clear, there aren’t multiple clearinghouses for US equities. There’s one, the DTCC. They handle effectively all of the US equities trades’s settlement cycle. If there’s any kind of doubt that they don’t have enough collateral and
42.
by rokobobo 6y ago
To be clear, RH (and others) blocked their users from trading those stocks. That’s separate from trading halts, which are initiated by the listing exchange based on algorithmic rules and apply for all trades in the US. The broker is in its
43.
by rokobobo 6y ago
Sorry, I was using YOLO in the narrow WSB sense of betting on low-likelihood, outsized gains. If you have the chance to risk 5k to get out of 100k student debt, why not do it, if you’re disillusioned by the system.
44.
by rokobobo 6y ago
Except, if a whole generation YOLOs hard enough, maybe the government will actually choose to bail them out for once.
45.
by rokobobo 6y ago
I believe that the managers of the company that sells/spins off a subsidiary have a fiduciary duty to get the best price for shareholders in such a transaction. This is even more so the case when a major stakeholder gets to benefit fro
46.
by rokobobo 6y ago
Have you thought about straight up reaching out to people in your network or their connections and asking nicely if they’d be up for mentoring you? I expect 90-95% of the responses would be lukewarm to nonexistent, and you shouldn’t take it
47.
by rokobobo 6y ago
I come from a place that used Java as the main language for its strategies, and the developers' overall sentiment was very close to yours. I saw people comment on the "fast<->smart" continuum, and in this context, I bel
48.
by rokobobo 6y ago
I really liked the default PDF viewer that came with Win10. But then they killed that.
49.
by rokobobo 6y ago
It's been some time since I studied these things, but I believe the post was trying to illustrate that the geodesic lines in spacetime created by Earth's gravity field can be visualized as straight lines after a nonlinear change o
50.
by rokobobo 6y ago
I think it comes with a USB-C to lightning cable, just not the charger “brick”.
51.
by rokobobo 6y ago
I don’t really understand how Blackrock “wins big” for their work with the Fed. If I’m reading the article correctly, they’d be making 3 mil a year and are giving fee rebates to the Fed for the shares bought by them. As for the increased in
52.
by rokobobo 6y ago
I agree with you about PTUs having their place in planned and free market economies alike. I think you’re saying that if people have the option to go to a good “traditional” school and learn CS there (and meet a bunch of students and profes
53.
by rokobobo 6y ago
I think back in the Soviet-influenced days of my country, people went to college knowing which job they'll be assigned at graduation. I guess this is the modern day PTUs? [1] [1] https://en.wikipedia.org/wiki/Profe
54.
by rokobobo 6y ago
Sounds reasonable, thanks!
55.
by rokobobo 6y ago
I think this is relevant. It's cool that you've mentioned a couple of "competitors" -- which are internal to large tech companies. Would you guys be open to providing a self-hosted solution for large clients?
56.
by rokobobo 6y ago
It gets a little complicated: do you want to continuously display market data and only clear trades once a second, effectively having a visible two-sided auction once a second? Or should it not be visible? (In which case you're no long
57.
by rokobobo 6y ago
That's generally a good way of thinking about whether to hold an investment, but don't forget about capital gains taxes and state taxes. For example, if you expect to move residency from CA to WA in a year, that alone could be a b
58.
by rokobobo 6y ago
If you're asking about the 3d printed part alone, you could find some stuff on Amazon [1] for a reasonable price and hoist the smartphone with any old phone stand you might have lying around and a couple of rubber bands. [1] https:&#x
59.
by rokobobo 6y ago
In HFT firms algorithm developers are front office as much as traders. (And in some firms, traders don’t even exist as a role.)
60.
by rokobobo 6y ago
I think at least part of the motivation to IPO is that if the US has a new president starting 2021, said person has stated his intent to vastly increase capital gains taxes, probably starting with tax year 2021. Add to that increased corpor

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