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How do you play in person? Are the cards for sale somewhere?
Just a normal deck is fine, you have to prepare it but it’s not a big deal.
Love this. I’d really like to play with real cards, but the uneven suit setup makes that tough as a party game unless the host sits out. I guess you could prepare a bunch of decks ahead of time. At 4 minutes a round you’d need maybe 10 decks for an hour of playing though. To even it out I guess you’d have 12? But that means you’d have more info about what’s likely in later rounds.. Hmm. Maybe I can nerd snipe some in…
While this is a fun intellectually stimulating nerd toy for engineers, trading just doesn’t make sense to me. Making massive sums of money from bad policies of governments, shorting companies or even entire countries and making money from wars by shorting and longing commodities is a repugnant way of making money and is immoral. This is no better than crypto trading and gambling.
Skill issue. Let me if I can help. Look up "price discovery" and try to understand how it's a service to the world.
> bad policies of governments... wars...
What's wrong with helping the markets react calmly and accurately to these events? Is a surgeon evil for treating a tumor, or a farmer for addressing your hunger?
> This is no better than crypto trading and gambling
Crypto is subject to much debate, but gambling does nothing to help with efficient markets, liquidity, or capital formation. It's strictly worse than trading actual assets.
While this is a fun intellectually stimulating nerd toy for engineers, trading just doesn’t make sense to me. Making massive sums of money from bad policies of governments, shorting companies or even entire countries and making money from wars by shorting and longing commodities is a repugnant way of making money and is immoral. This is no better than crypto trading and gambling.
> trading just doesn’t make sense to me Skill issue. Let me if I can help. Look up "price discovery" and try to understand how it's a service to the world. > bad policies of governments... wars... What's wrong with helping the markets react calmly and accurately to these events? Is a surgeon evil for treating a tumor, or a farmer for addressing your hunger? > This is no better than crypto trading and gambling Crypto…
Great Strawman. A surgeon is more morally good than a trader or hedge fund waiting to short companies to profit from their demise, or it's cousin the private equity industry buying up shares to take over companies and laying people off to make a profit.
You seem to have already forgotten it was these people that caused the 2008 crash with scandals (Look up the LIBOR scandal to remind you) not surgeons or farmers.
> Crypto is subject to much debate, but gambling does nothing to help with efficient markets, liquidity, or capital formation. It's strictly worse than trading actual assets.
I don't think that SPACs, GameStop and other hundreds of unprofitable companies IPOing in the 2010s to 2022s were efficient markets and lots of traders made billions out of them.
A doctor or farmer as you describe have far more morals than these people, as traders and the finance industry make obscene amounts of money while doing this from their desks doing virtually nothing and contributing nothing to the industries and especially society.
Wall Street has invaded tech and the reverse is happening already because the FAANG boom is now over.
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hows quantitative finance more morally bankrupt than being an engineer in oil/gas, defense industry, etc.
Or data harvesting, or making games with addictive micro transactions, or…most industries.
Traders, private equity, hedge funds fall in this bucket.
While this is a fun intellectually stimulating nerd toy for engineers, trading just doesn’t make sense to me. Making massive sums of money from bad policies of governments, shorting companies or even entire countries and making money from wars by shorting and longing commodities is a repugnant way of making money and is immoral. This is no better than crypto trading and gambling.
it's not complicated. suppose Bob wants to buy an Acura NSX and Kazuo wants to sell a Honda NSX. enter trader Joe. he knows Bob, and he knows Kazuo, and he knows that the Honda NSX was also marketed as the Acura NSX. trader Joe can buy the car from Kazuo, obtain an export license, arrange for shipping and tax duties, and sell the car to Bob for a profit. that is called trading.
you're thinking of "speculation." one could argue that the market needs speculators to take the risks that hedgers want to reduce. speculators might also find interesting information and improve the efficiency of market prices. traders intermediate between speculators and hedgers.
now does it make sense?
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> trading just doesn’t make sense to me Skill issue. Let me if I can help. Look up "price discovery" and try to understand how it's a service to the world. > bad policies of governments... wars... What's wrong with helping the markets react calmly and accurately to these events? Is a surgeon evil for treating a tumor, or a farmer for addressing your hunger? > This is no better than crypto trading and gambling Crypto…
> What's wrong with helping the markets react calmly and accurately to these events? Is a surgeon evil for treating a tumor, or a farmer for addressing your hunger? Great Strawman. A surgeon is more morally good than a trader or hedge fund waiting to short companies to profit from their demise, or it's cousin the private equity industry buying up shares to take over companies and laying people off to make a profit. Y…
You get a tumor, a surgeon removes it.
The economy gets a shock, a trader helps the market absorb it.
Lots of other confusion here, but I don't really care to go point by point, since you seem pretty determined to believe that markets "contribut[e] nothing to the industries and especially society". Maybe someday you'll come back to this topic with more curiosity, but in the meantime if you don't like this sector, you don't have to work in it.
is this the same game played by FTX sam in that Michael Lewis crypto biopic ??
just curious , if anyone knows — is this the same game played by FTX sam in that Michael Lewis crypto biopic ??
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Person 1 enters the room, makes a bunch of decks and puts them in boxes. Leaves the room. Person 2 enters the room, shuffles the boxes, leaves the room. Person 1 re-enters the room and picks a box.
Person 1 made every deck exactly the same way though. I guess Person 2 could run some simple validations of what Person 1 initially did. Then again, Person 2 could have also replaced all of Person 1s decks with their own.