Viewing profile — ReggieCommaRose

You may not directly participate in capital markets but institutions around you that society relies on do. They do so to secure operating cash, loans, buy or sell insurance, etc. W…

Devil in the details. MMing is conceptually simplistic but the operational costs are huge and are generally getting worse. Making while fighting these costs against competition pla…

Collectively they reduce friction and increase transparency for global information exchange. Obviously no one does it for purely altruistic reasons but the byproduct is (probably) …

Usually too smart, on rare occasion they cheat. MMs inherently deal with information assymetry and adverse selection because they generally stand ready providing liquidity with quo…

The topic at hand is mainstream adoption and I think empirically the world disagrees with you.

I’m not sure about delta one firms but almost all the options MM firms have been having record years in the COVID / meme stock era. In broad strokes, the things that hurt market ma…

I work in a vanilla MM space and have had limited exposure to systems/technical side in the crypto space, would love to see the weird/cute crypto-specific problems that exist. For …

Damn the formatting/design of your site is fantastic.

It's probably strictly worse than other exchanges if we're considering what the point of an exchange actually is. I've tried optimistically viewing LTSE from multiple angles but an…

That was my point - that Google isn’t ACTUALLY well diversified compared to its contemporaries.

Google is well diversified in its business endeavors but hasn't been capitalize on that for a better diversified revenue stream.

Parent is using inflation of fiat as an argument for crypto which doesn't apply to Dogecoin. It doesn't matter to me if the mascot for a coin is a literal butthole.

...but it's Dogecoin.

The state lottery specifically? Maybe? Though it could just be a case of the state lotteries not being targeted at the better off and better educated demographic. The lottery is al…

I imagine a big part of lottery winners going bankrupt are due to lack of education and/or comfort in having that much money at once (after all, the vast vast vast majority of lott…

I think if we have to make a distinction, then categorizing games of chance where you're wagering money or direct money equivalent seems like a fair one. And in that sense, I would…

I used to play full-time and I currently work in trading. Poker is definitely gambling. Casinos are gambling, they’re just doing so with massive volume and tiny risk (afaik). Tradi…

Trading facilitates more efficient allocation of resources at both a geographical and temporal scale. HFT market makers facilitate more efficient trading. If anyone tried pitching …

Is the head of stat arb now? I thought he was messing around with sports betting in Dublin or something. Anyhow having played/discussed cards with quite a few trading and research …

No one (prop/hedge funds) really does that anymore. Hiring poker players directly that is. Outside of really niche small firms with really specific cultures. It kinda almost happen…

As a former professional player whose last two employers use poker as a marketing tool for hiring, I strongly agree. If you want to be good at a game, learn that game specifically.…