201–210 of 243 posts
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It's possible that nature doesn't conform to your particular culture's ideology. Science hasn't actually shown him to be wrong.
What did Watson do?
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The iPhone has an option to let phone calls ring if called twice in a row. I've told everyone that might possibly be calling me in an emergency to do so if they really need to get through. You can alternatively create an emergency list of numbers and let them ring through on the 1st attempt. I assume Android has something similar.
Spammers have learned this and will call twice. This got REALLY annoying when I was in work meetings and my phone would start ringing to tell me about my car's extended warranty.
Berkeley gives you a parking space if you work there and win a Nobel. They even have signs "Reserved for Nobel Laureate". As far as I know, Stanford does not. Doesn't Google had the leaders in auction theory now? Would someone please devise a way to run a stock market as a repeated clocked auction, so that prices change, say, once every 5 minutes and high frequency trading doesn't work.
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> mobile operator or my bank Yeah no, these companies should NEVER be calling people, period. It's way to easy to phish people for information by calling them and claiming to be their bank. Too many people will fall for it: "Hi, this is SomeDude from Bank of America, and we noticed some suspicious activity on your account. Before we go further I would just like to confirm your identity. Could you please provide your…
I've had my bank call me, wanting to talk about something important (I think it was loan payment that didn't go through or something of that sort) and the first thing they said was: "This is Bank XYZ and I'm calling to inform you of something. But before we do that you have to prove your identity. Can you tell me what your account number is?" I said: "I'd be happy to, but first can you prove your identity to me? Afte…
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Obama said he didn't deserve the prize, and everyone agrees. It's more fair to look at the long history of recipients (MLK, Mandela, Mother Teresa) than to judge the prize on one or two errors. Otherwise, almost all prizes are meaningless.
on one or two errors? Kissinger, Moniz, Briand, Obama, Mother Theresa, Kim Dae-jung.
When you and your neighbor both win Nobel. I mean I'd love to have such a neighbor instead of the single mother that lost control of her 5 yo boy who screams atop of his lungs.
If you earn a lot of money, you can move into a gentrified city like Stanford. The city approves a small fraction of the new housing that is needed to keep up with demand, so prices are inflated 500%. Single mothers and young people cannot afford to live nearby and must commute 3 hours a day to their jobs. Enjoy your old rich neighbors and traffic.
“Couldn’t you have waited until the morning?” “No! The committee is using a poorly designed auction system to disburse the awards and if we don’t both accept the award in the next 70 minutes it will go to Piketty!”
Jokes aside, why is it so important that they reach him at 2:15 AM and can't wait until the next morning?
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HFT can increase market volatility and exagerate trends. They are not beholden to and can run counter to the idea of an "affirmative obligation" to help keep the market operating orderly. Hence the occasional flash crash or more minor blips.
eh, there's not much evidence that HFT increases volatility. I work in HFT and in general, HFT decreases volatility. Of course the flash crash is a notable exception, but that would never happen today.
Why would a flash crash never happen today?
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Smaller spreads. Plus I imagine that most retail investors don't make orders large enough that they need to be fulfilled at multiple exchanges, so HFT won't have the chance to get in front of retail.
Actually, HFT is willing to pay retail brokerages like Robinhood to get access to orders from retail investors BEFORE they hit the exchanges. This is how trades are offered for free. Why? Because they know that they can buy those shares at some reported price then trade them on their own books then sell them at a price sufficiently different from the reported price that they make a profit. This means that HFT is expl…