Yeah, before today I'd have likely dismissed such comments as "conspiracy theory" but, RobinHood literally disabled the ability to buy, or even search for these stocks on their platform.
The biggest flaw of conventional economic theory is that "people are rational".
Even as an econometrician, I would never call it dumb. It's a virtual incarnation of Occupy Wall Street. These guys are probably spending less than those who protested several years ago did. Heck, you can buy a stock…
Nobody is gambling money away. The sentiment is that they are knowingly _throwing_ it away to send a message.
John Maynard Keynes quips that "in the long run we are all dead."
If I'm not mistaken, that's kind of the point. People are willing to throw money away to punish Wall Street.
Exactly -- reducing the barriers to market entry while increasing widespread market understanding reduces the _unique_ opportunity for arbitrage that Wall Street has enjoyed.
This emergent behavior seems a lot like DDOS, but in the stock market.
This kind of emergent behavior is reminiscent of DDOS attacks.
I agree, there might even be a correlation between "incorrect confidence" and creativity. It's important to note though that other countries have been dealing with the fallout of their bad mistakes for centuries, while…
A few weeks back I went to the LibreOffice conference and the vibes were really encouraging. It is really a strange time we live in, where there are these fundamental structural changes in gatherings, bringing…
There's something fundamentally different that seems to cut cleanly along cultures. Growing up in a Mexican culture, I have always been taught to be chaste and pious, but it just isn't something I internalized. Instead,…
That's the grim truth.
Something isn't adding up. I grew up about twenty miles from here in the 1980s and 1990s and never heard of this. How is this possible?
Maybe we can try to be nice to each other.
I guess it isn't news to me, but I'm running out of places for legit conversations and product recommendations.
Yeah, before today I'd have likely dismissed such comments as "conspiracy theory" but, RobinHood literally disabled the ability to buy, or even search for these stocks on their platform.
The biggest flaw of conventional economic theory is that "people are rational".
Even as an econometrician, I would never call it dumb. It's a virtual incarnation of Occupy Wall Street. These guys are probably spending less than those who protested several years ago did. Heck, you can buy a stock…
Nobody is gambling money away. The sentiment is that they are knowingly _throwing_ it away to send a message.
John Maynard Keynes quips that "in the long run we are all dead."
If I'm not mistaken, that's kind of the point. People are willing to throw money away to punish Wall Street.
Exactly -- reducing the barriers to market entry while increasing widespread market understanding reduces the _unique_ opportunity for arbitrage that Wall Street has enjoyed.
This emergent behavior seems a lot like DDOS, but in the stock market.
This kind of emergent behavior is reminiscent of DDOS attacks.
I agree, there might even be a correlation between "incorrect confidence" and creativity. It's important to note though that other countries have been dealing with the fallout of their bad mistakes for centuries, while…
A few weeks back I went to the LibreOffice conference and the vibes were really encouraging. It is really a strange time we live in, where there are these fundamental structural changes in gatherings, bringing…
There's something fundamentally different that seems to cut cleanly along cultures. Growing up in a Mexican culture, I have always been taught to be chaste and pious, but it just isn't something I internalized. Instead,…
That's the grim truth.
Something isn't adding up. I grew up about twenty miles from here in the 1980s and 1990s and never heard of this. How is this possible?
Maybe we can try to be nice to each other.
I guess it isn't news to me, but I'm running out of places for legit conversations and product recommendations.