svnt

86 ms·

1561.
by svnt 6y ago
Whether we are talking about happiness or better-ness you are still projecting a value system and claiming it to be objective. I personally don’t derive any sense of betterness from being able to afford more goods. I only see the ocean of p
1562.
by svnt 6y ago
This is a really underrated comment. People here tend to oversubscribe to their own capacity for rational behavior. Just because you can be hyper-rational it in one context doesn’t mean you aren’t human. It does mean that as people with bet
1563.
by svnt 6y ago
What? I want to put together a yo dawg meme for this but I’m too lazy. This is just another corporate cog rationalization. Unless your company is rocketing toward bankruptcy, your salary is by definition a (much) smaller number than the imp
1564.
by svnt 6y ago
There is a bubble in housing at the higher end where people who previously paid for e.g. childcare and had two incomes now have an extra $1200-$4000 or more per month. They are buying. There is a crush in employment at the lower end where p
1565.
by svnt 6y ago
He was reading that off his screen. When the interviewer pressed him on why they did it he said “We did it to protect ourselves... and also of course our customers ” in his best Disney villain voice.
1566.
by svnt 6y ago
Wait “most hedge funds are doing honest business”? Who are we talking about and what honest business is that? Front running trades while market-making, privatizing the profits and distributing the losses if they fail? Networking with other
1567.
by svnt 6y ago
On an individual basis yes you can make that argument. On the basis of market manipulation, it is very powerful to reduce the demand side by over 50%, while keeping the market open so that other people who want to buy at a lower price can d
1568.
by svnt 6y ago
You all don’t recognize a revisionist account when you see one. You all don’t realize that the only firms still market making in retail options are hedge funds with GME short positions. You’re falling for the reasonable technical explanatio
1569.
by svnt 6y ago
Robinhood was not the only firm blocking buying new positions. Schwab did, TD Ameritrade did, and ETrade did, IBKR did for varying lengths of time. That is the majority of retail. Here is a fascinating interview with the CEO of IBKR where h
1570.
by svnt 6y ago
Have you considered that someone might use an extreme starting point in a political negotiation in order to achieve something less extreme but generally in the same direction?