471–480 of 561 posts
PS. we are hiring: https://jobs.lever.co/ltse
The blog post doesn’t explain what, if anything, is different about how the market works. From the name, I expected that it would require holding an investment for a minimum period. But I see no evidence of that elsewhere on the site. I do see listing requirements that supposedly require companies to have a long term focus. But then elsewhere I see that all securities in the S&P 500 and the RUSSEL 2000 index will be…
IMO, the main difference between LTSE and a traditional stock exchange is the way votes are allocated to shareholders. Traditionally voting power is proportional to shares owned. However, on LTSE the amount of time a stock has been held is also considered. There is no minimum holding period, but there is an incentive to hold. A bit of a tangent: Since there is a premium in voting rights (GOOG vs GOOGL), I'm curious t…
The blog post doesn’t explain what, if anything, is different about how the market works. From the name, I expected that it would require holding an investment for a minimum period. But I see no evidence of that elsewhere on the site. I do see listing requirements that supposedly require companies to have a long term focus. But then elsewhere I see that all securities in the S&P 500 and the RUSSEL 2000 index will be…
IMO, the main difference between LTSE and a traditional stock exchange is the way votes are allocated to shareholders. Traditionally voting power is proportional to shares owned. However, on LTSE the amount of time a stock has been held is also considered. There is no minimum holding period, but there is an incentive to hold. A bit of a tangent: Since there is a premium in voting rights (GOOG vs GOOGL), I'm curious t…
Also, would this apply only to securities actually listed on LTSE or also, somehow, to non-LTSE listed securities bought on LTSE (which apparently is the only thing possible to do so far(.
The solution is simple, allow shareholders to propose board slates. That guts the power of insiders to control the company, but the SEC has never had cajones to make it happen.
Publicly traded companies in the USA already re-invest quite a large chunk of their profits for future growth, where companies in other countries would tend to pay out larger dividends.
The blog post doesn’t explain what, if anything, is different about how the market works. From the name, I expected that it would require holding an investment for a minimum period. But I see no evidence of that elsewhere on the site. I do see listing requirements that supposedly require companies to have a long term focus. But then elsewhere I see that all securities in the S&P 500 and the RUSSEL 2000 index will be…
IMO, the main difference between LTSE and a traditional stock exchange is the way votes are allocated to shareholders. Traditionally voting power is proportional to shares owned. However, on LTSE the amount of time a stock has been held is also considered. There is no minimum holding period, but there is an incentive to hold. A bit of a tangent: Since there is a premium in voting rights (GOOG vs GOOGL), I'm curious t…
If you aren’t implementing any exchange-level mechanisms, why does this need to be an exchange at all?
Let me try to summarize everyone’s same question: - The idea of a stock exchange that allows companies and investors to focus on 5, 10, 25 year horizons sounds great! - However companies on normal stock exchanges now already try to do this, but it’s hard because of quarterly earnings, pressure for quarterly growth, etc - How is LTSE different? Seems like: Companies and investors “promise” to have a longer term focus…
Although probably not popular I would suggest that long term stocks needs to incorporate features that actively block certain trading patterns: limit price changes, limit buy/ sell frequency, & disallow shorting.
I have been heavily involved in the gamification of the stock market and the above are used to maximise immediate returns to day traders and auto-trading machines. By fixing a price for the day, then there is less incentive to 'rush' to get to the price. Also, limit how quickly someone can buy and then sell a trade, rather than milliseconds (or smaller). I would strongly urge disallowing the buying of a stock by the same person, if they'd sold in the previous week. Shorting is never a long-term game and should be banned, as it never does the company any favours.
But what I see on this LTSE is nothing of what would actually constitute long term ownership of stocks. What I actually see with this LTSE.com is the opposite of value for a stock, as it is only driving increased gamification of the metrics mentioned above.
That is, if I were an automated machine trader, I would add LTSE and their slow price changes and compare them to NYSE and make zillions.
I don't see how this encourages any kind of long term investment, nor stability for a stock.
Earlier quoted context omitted.
>Frankly having people like yourself chime in at every juncture to tell other people they are perpetuating racism is cheapening the actual historical impact of these events. That's an interesting take, and not one that I think you will find in common with experts on the subject. >If you care about the people you claim to defend then do something to help them. I donate my time, money, and other resources to a variety…
>That's an interesting take, and not one that I think you will find in common with experts on the subject. Many of these "experts" typically use outrage to justify their continued employment. Most of them come off as genuinely deranged to most of the people I know, so this isn't just a me thing. >I might largely be wasting my time in attempting to educate people on the internet You're not educating people so much as…
I have explicitly stated in multiple places that I do not believe people are racist or have any sort of malicious intent, and are likely unaware of the connotations. You can see multiple posts in this thread where I have stated this. I would, however, say that in an ideal world we all strive to be anti-racist, rather than just not racist.
>More empowering is, likely, accepting that a word or phrase may have had some racist element to it but removing the power of that racism (such as with black people calling each other the n word) as opposed to making it forbidden.
For the disenfranchised groups, sure. For everyone else? Not so much.
I am trying to assume the most charitable possible interpretation from this post, but I'm struggling to do so and respond to it. Most of what it says is arguing against positions that I have not held at any point, and is putting words in my mouth. I apologize, but I do not believe I can engage further in a productive manner here.
Earlier quoted context omitted.
So you can buy stocks through the LTSE that aren't listed on the LTSE? If so, why would someone do that? I think GP's point is that you're saying "we're open for business", but the LTSE isn't offering people who buy stocks any added value yet.
Yes, you can buy or sell any US exchange-listed security on LTSE starting today. If you check the market share tracker at CBOE you can see the "notional dollar value" of the shares which have transacted on the platform today: https://markets.cboe.com/us/equities/market_share/ It's clearly not zero, so somebody sees some benefit in it. So I don't see the issue with saying that we are "open for business"