baloneyman

None of your links on your jobs site work

The point they are trying to prove is that there is no way of knowing what happens in the bathroom. It is theoretically equivalent to secrecy

Uhhhh using Chrome?

At the end of the day, they're all just humans making bad decisions

But it seems like it would honestly be the opposite (i.e., government bankruptcy being bad). The more people that are involved, the higher chance there is of a tragedy of the commons

What

This isn't an issue in any other developed country. People don't want to shoot cops. Even if it was a gun, they shouldn't have shot him

If the driver is paid as a percentage of the ride and Uber tells the driver that the ride is cheaper than it truly was, that's fraud

Revenue is nice, but earnings are all that matters when you have debts to pay. Just look over to the recently IPOed Snap, Inc. for a company with less revenue and more eyeballs!

This time it's different! This time bubbly companies with no earnings and tons of debt will create a new paradigm! Lol

What "job" is that? There is no reason for these companies to exist. Incentivizing drug companies to raise prices in lockstep... to keep the middlemen happy? That is a very perverse incentive

I think startup is a pretty generous term for the growth stage that Uber was in at the time

Arbitrage that only exists due to the technicalities of market microstructure is parasitic to me. True HFT identifies trades with no risk; a long and a hedge at the same microsecond. That's just fractions of pennies that true risk takers lose, every day. They don't care at all about the intrinsic value of the security

The purpose of markets is taking risk. Any participant whose intention is not to take risk is a parasite

Like many things in life, there are complete bullshit situations where some people get a better deal than others simply due to some arcanery. Are doctors in America 4x better than European ones, or are residency spots artificially restricted to keep salaries high?

The world has less and less parasites every day because technology allows us to see them for what they really are. This is just one of the many

HFT doesn't really do anything for markets since they take very little risk, and that is the purpose of a market... the magic coil will kill your business anyway

I thought true HFT (not short-term momo, etc. where the intention is to actually take risk) had essentially died already, Virtu aside

I think the most interesting concept here is that a future with driverless cars is a future with almost no way to incriminate an American. Cars are the main way the government gets in your business. I live in a big enough city that I don't have to drive and the move has removed so much of the day-to-day anxiety of life that I was astounded

What will they do when they can no longer control us via "you could be drunk" or "you're driving the wrong way"?

I guess it depends on your perspective. Is it the older workers who rake in enormous paychecks for incrementally far less work or is it younger workers who work for much less to make a name for themselves and establish their career?

I liked it :)