You may not directly participate in capital markets but institutions around you that society relies on do. They do so to secure operating cash, loans, buy or sell insurance, etc. When people participate in capital…
Collectively they reduce friction and increase transparency for global information exchange. Obviously no one does it for purely altruistic reasons but the byproduct is (probably) net positive.
Usually too smart, on rare occasion they cheat. MMs inherently deal with information assymetry and adverse selection because they generally stand ready providing liquidity with quotes out in the world (though obviously…
The topic at hand is mainstream adoption and I think empirically the world disagrees with you.
I’m not sure about delta one firms but almost all the options MM firms have been having record years in the COVID / meme stock era. In broad strokes, the things that hurt market makers the most are long winded price…
It's probably strictly worse than other exchanges if we're considering what the point of an exchange actually is. I've tried optimistically viewing LTSE from multiple angles but an exchange just seems like the…
That was my point - that Google isn’t ACTUALLY well diversified compared to its contemporaries.
Parent is using inflation of fiat as an argument for crypto which doesn't apply to Dogecoin. It doesn't matter to me if the mascot for a coin is a literal butthole.
...but it's Dogecoin.
The state lottery specifically? Maybe? Though it could just be a case of the state lotteries not being targeted at the better off and better educated demographic. The lottery is also just so transparent. But I see very…
I imagine a big part of lottery winners going bankrupt are due to lack of education and/or comfort in having that much money at once (after all, the vast vast vast majority of lottery players are lower middle class to…
No one (prop/hedge funds) really does that anymore. Hiring poker players directly that is. Outside of really niche small firms with really specific cultures. It kinda almost happened with SIG and Jeans89 but Jeans…
As a former professional player whose last two employers use poker as a marketing tool for hiring, I strongly agree. If you want to be good at a game, learn that game specifically.
You may not directly participate in capital markets but institutions around you that society relies on do. They do so to secure operating cash, loans, buy or sell insurance, etc. When people participate in capital…
Collectively they reduce friction and increase transparency for global information exchange. Obviously no one does it for purely altruistic reasons but the byproduct is (probably) net positive.
Usually too smart, on rare occasion they cheat. MMs inherently deal with information assymetry and adverse selection because they generally stand ready providing liquidity with quotes out in the world (though obviously…
The topic at hand is mainstream adoption and I think empirically the world disagrees with you.
I’m not sure about delta one firms but almost all the options MM firms have been having record years in the COVID / meme stock era. In broad strokes, the things that hurt market makers the most are long winded price…
It's probably strictly worse than other exchanges if we're considering what the point of an exchange actually is. I've tried optimistically viewing LTSE from multiple angles but an exchange just seems like the…
That was my point - that Google isn’t ACTUALLY well diversified compared to its contemporaries.
Parent is using inflation of fiat as an argument for crypto which doesn't apply to Dogecoin. It doesn't matter to me if the mascot for a coin is a literal butthole.
...but it's Dogecoin.
The state lottery specifically? Maybe? Though it could just be a case of the state lotteries not being targeted at the better off and better educated demographic. The lottery is also just so transparent. But I see very…
I imagine a big part of lottery winners going bankrupt are due to lack of education and/or comfort in having that much money at once (after all, the vast vast vast majority of lottery players are lower middle class to…
No one (prop/hedge funds) really does that anymore. Hiring poker players directly that is. Outside of really niche small firms with really specific cultures. It kinda almost happened with SIG and Jeans89 but Jeans…
As a former professional player whose last two employers use poker as a marketing tool for hiring, I strongly agree. If you want to be good at a game, learn that game specifically.