smabie

76 ms·

961.
by smabie 6y ago
If by "rich people" you mean institutional investors, then yes. The flows into crypto from institutional investors is absolutely staggering. And it will only continue. This is just the beginning. Even if the returns of btc were po
962.
by smabie 6y ago
It doesn't matter how safe an investment is. Uncorrelated alternative assets (metals, crypto, art, etc), when added to your portfolio, lower the total volatility (risk) and boost the risk adjusted returns. You can take a really crappy
963.
by smabie 6y ago
I agree with you mostly, but market makers on exchanges are not middle-men, they are simply market participants like any other. Conceptually, there's no difference between a professional market maker and a individual who puts a limit o
964.
by smabie 6y ago
You're basically saying that unprofitable companies shouldn't be allowed to legally exist.
965.
by smabie 6y ago
You could make that argument about anything. Are you wondering whether raising prices should be legal?
966.
by smabie 6y ago
3rd party docks are so much smaller and so much better. Makes it so much easier to bring along the dock on a trip so you can connect it to the TV in a hotel room, for example.
967.
by smabie 6y ago
You grow all of your own food? You don't eat any food grown by any person except yourself?
968.
by smabie 6y ago
No way, that'd be a 0-day and you wouldn't want to burn one doing phishing.
969.
by smabie 6y ago
I like: Julia, OCaml, Scala, F#, and kdb+/q. I still use Python sometimes, but have migrated a lot of data analysis onto Julia. Works great.
970.
by smabie 6y ago
It's almost like they think that people get primarily paid based on the dollar amount of revenue they generate. The salary of employees is conditioned on a multitude of factors, mostly relating to supply and demand, industry norms, the
971.
by smabie 6y ago
I assume many/most employees are also shareholders, no?
972.
by smabie 6y ago
Python is incredibly verbose and so mutation heavy it makes me sick. It's just a tasteless language, with very few redeeming qualities.
973.
by smabie 6y ago
Telegram is also used for business. In fact, my firm uses it as the primary method of communication
974.
by smabie 6y ago
No, literally the SEC is fining them about an inaccurate FAQ page. If their FAQ page was different, they would not have been fined.
975.
by smabie 6y ago
That's not how it works, and that's not what the article says. Why do people keep saying this
976.
by smabie 6y ago
What does RH offer that Schwab doesn't, for example? As far as I can tell, nothing really?
977.
by smabie 6y ago
No one stole anything, this is about an incorrect FAQ page.
978.
by smabie 6y ago
You want people to go to jail for incorrect FAQ page? PFOF is not illegal, and the price improvements investors got are fine. It's just that Robinhood didn't properly disclose that they weren't getting the best execution.
979.
by smabie 6y ago
If the nbbo offer was truly $20 at the time of order execution, there's no way you could get filled at $20.09.
980.
by smabie 6y ago
You're taking instead of making with a market order, the fees are higher and the execution is worse.
981.
by smabie 6y ago
No, this isn't how it works
982.
by smabie 6y ago
Most wealth is not inherited, unless you're using some weird definition that you made up.
983.
by smabie 6y ago
Definitely was not the "final straw"
984.
by smabie 6y ago
why do owners of pre-IPO shares care? When people talk about investment banks ripping companies with regards to the IPOs, they're not talking about the public. Moreover, most retail investors aren't going to participate in the pre
985.
by smabie 6y ago
If you mind your own business and don't act stupid, most places are perfectly safe.
986.
by smabie 6y ago
I used to use icewm, it's okay. It's not particularly inspired, but there isn't anything wrong with it either. Right now I use cwm which I absolutely love, but have also heard very good things about i3.
987.
by smabie 6y ago
What kind of obligation? Certainly not a legal obligation, which is the only obligation that actually matters.
988.
by smabie 6y ago
Nah probably not. But if you use IBKR, you can use their best efforts VWAP execution algo: https://www.interactivebrokers.com/en/index.php?f=1124
989.
by smabie 6y ago
Do they? If they did, they wouldn't their job probably involve handling the "real"?
990.
by smabie 6y ago
alpha here means "information"

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