Viewing profile — scarletham

Yeah, definitely good points. Even with a department looking after voting, they're not nearly as "vested" in the results of their voting as something like an actively managed long …

Yes, and they voted against the proposals mentioned in the article, except for equal share class voting rights.

Why? How is Vanguard, an investment management firm which employees thousands of trained professionals, not qualified to cast votes on corporate governance? And in what sense is it…

They have a department responsible for this, among other things. https://about.vanguard.com/investment-stewardship/perspectiv...

I work in a MM group so take this as you will, but the days of profitably making markets by just fitting everything to the screens are long gone.

I think you're missing the gist of his statement and also overlooking the word "almost"? That being said, most of your definitions are still dependent on competitively pricing secu…

Yeah, it really is. If you haven't already, check out the full BEA report - it's incredibly comprehensive and leads to lots of "jumping off" points for further research. https://ww…

There is both a visual and aural indicator. That being said, nobody (except Bonin) knew that the PF had his stick completely back until it was too late. You can see more here: http…

Yeah, to clarify I was agreeing that those firms certainly pull and use that data, but not necessarily in the same traditional fashion that paper seems to imply.

Take this with a grain of salt as I don't work at any of the funds mentioned (but still in the industry), but why not? Filings are subject to change due to errors, updates, etc. It…

They're not HFT, although they are more blackbox / quant than the "traditional" hedge fund, which I think still supports OP's point.

Yes, exactly. Wouldn't surprise me if most of these firms were rescraping the data every night and overwriting.

Tradeworx is HFT. Yes, the premise of this paper is completely absurd. Drawing a line between overnight batch jobs for internal databases and performance is a quantum leap to say t…

Last I saw, ~300ft wide and ~1700ft deep. https://www.nasa.gov/image-feature/rift-in-antarcticas-larse...

We've been using this keyboard for well over a year and a half...

μs or ms. As I mention below, there may be a little delay as people failover and reassess their view of the book, but that's all.

Market liquidity would not "disappear". Liquidity providers do not rely on their microwave lines quite that much (yet). In the case of a microwave failure (more common than you'd t…

Equities dry up as well. Pretty much everything dries up before FOMC announcements.

He's saying that if the investor wants a Treasury, the only way you can sell that to him is with a Treasury. If he's open to a swap, you can sell (write) that contract to him and h…

Oil rigs have specially designed flare stacks, so you won't really see flare fires right on the deck like that. http://photorator.com/photos/images/north-sea-oil-rig-flarin...

> slightly stylized Or "completely made up"

“I began wearing prototypes myself to test comfort and usability, and to ask for feedback,” said Rivera. “Folks immediately associated the bracelet design with a watch and asked, w…

They're still deadly, and as he said, it's simply endearing.

I think you have a fundamentally flawed understanding of just how small a timeframe short term memory can apply to. As a commenter said below, your brain is constantly utilizing me…