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Jane Street's Figgie card game

figgie.com

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Re: Jane Street's Figgie card game

#121
For in-person play with ordinary playing cards and an arbitrary number of players, keep the rules the same except:

* Start with 1 deck per each 2 players. Shuffle the decks together.

* Deal 10 cards to each player, & set ante at a constant 50 chips per player.

* At the end-of-round reveal, the common suit is whichever suit has the most cards. If there's a tie, flip cards from the remaining deck until the tie is broken and the common suit is determined.

Re: Jane Street's Figgie card game

#122

Earlier quoted context omitted.

Beautiful eulogy. I don't know the author nor the eulogized but reading the eulogy made me appreciate people like those two (poker players, options traders, sports gamblers etc). I often see in HN comments about how trading and Wall St in general is evil - when I feel completely the opposite. The two inventors of Figgie may not have contributed directly to curing cancer, saving the dolphins or the whales - dare I pos…

I often see in HN comments about how trading and Wall St in general is evil Trading is one of the least evil things that goes on on Wall Street. Starting wars for profit (e.g., Blackwater) and buying additional houses as investments (as private equity firms do) and making massive job cuts while posting record profits, are all evil. I loathe capitalism but I agree that quants and traders are some of the least compromi…

Trading between members of our species is part of what puts humans on top; it's another form of collaboration and some other species do it to a degree, but nowhere near the level that we do.

But the evolution from trading x for y to trading x for y governed by z ie introducing fiat currency is the issue.

Lightning trades and trading in general that produces nothing of value is the issue. It goes deeper, with the wealthy able to lobby and keep tax havens legal but I don't expect anything to change so why say anything more on it.

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