yeezyszn

4 ms·

1.
by yeezyszn 2mo ago
Wall Street makes money from issuing debt, trading debt, and IPOs. They need to get the last two mega IPOs off before the curtain call on this era. But they can only partially influence the market, they can’t control it. The question is if
2.
by yeezyszn 8mo ago
You’re permanently entrenching them as the winner, and reducing the incentive for a competitor to emerge. The cost of developing these platforms is high and clearly it’s hard enough to compete, why would you kneecap future competitors from
3.
by yeezyszn 8mo ago
I’m surprised at the comments here. Why should the government set the “right” margin? If you cap the margin, you’re entrenching the monopoly forever. Allow them to charge what they want, and set tax rates on corporations commensurate with t
4.
by yeezyszn 3y ago
Fascinating - especially this quote about AdT: "Especially in matters Kennan understood well, he thought the public should have no say. His diaries show that he was a keen reader of Alexis de Tocqueville, and while he never mentions th
5.
by yeezyszn 3y ago
This is the most cogent and succinct explanation for what happened. The future for print magazines is a lot more niche and lot more pricey. The internet ate the mass-market in every sphere.
6.
Ask HN: Looking for Email Service Recommendations
46 points by yeezyszn 4y ago|80 comments
7.
by yeezyszn 5y ago
appreciate the response - your second point especially rings true for me and has set off some thoughts of my own: I would say my 'theory of crypto' is that they're rediscovering the financial system. The financial system can
8.
by yeezyszn 5y ago
Sure - and these are all great examples of what you can do with crypto. Where I see parent pushing back is that all of these things were already possible before. You could buy jpg's with credit cards, you could buy gold with the doll
9.
by yeezyszn 6y ago
The key point to 'taroof' is creating a tiny strain of egalitarianism in a deeply fragmented society. The article mentions this a little.. "in a hierarchical society such as Iran, where favours and services can be interpreted
10.
by yeezyszn 6y ago
Yes agreed, this dynamic exacerbates inequality. No arguments from me there.
11.
by yeezyszn 6y ago
Yes. And? The alpha dynamics of a liquidity related sell-off are heavily tilted towards folks with locked up capital. Why do you think every manager and their mother has raised a distressed fund?[1] You can have access to that return profil
12.
by yeezyszn 6y ago
As an individual you have one advantage over professional traders: complete control of your capital. This is a huge advantage, and one that should deliver you alpha independent of having an edge, having a super computer, having a huge net
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The Three Body Problem(epsilontheory.com)
3 points by yeezyszn 9y ago|0 comments