Viewing profile — yeezyszn

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 infl…

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 enoug…

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…

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 o…

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 ever…

Hi all - with gmail recently instituting a storage limit, I'm starting to run into trouble with my usual gmail account. I'm recognizing the era of free everything is over, but I'd …

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 th…

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'…

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, …

Yes agreed, this dynamic exacerbates inequality. No arguments from me there.

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 d…

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 …