I think the point people are trying to make here is that TFA title is "Converting RSS Feeds To a Dynamic 3D Scene in 120 Lines of Code" and when we look at the examples, we are seeing the 3D equivalent of the "blink" tag.
Why bother with the announcement of the tools, without a bit more effort put into what they can do. Maybe the tools are great, but how would we know.
You pay tax on your income, you invest your income (principal) and pay tax on the investment's earnings. You don't pay tax again on the investment principal.
While I will grant that HFT has a role in lowering spreads and increasing liquidity, this comment by mfw13 offers a different perspective:
High-frequency trading harms longer term investors by distorting prices.
Fundamental to the orderly functioning of markets is the idea that asset prices reflect the underlying value of assets they represent. In the case of stock markets, this means that the price of a stock at any given time should represent the perceived value of the assets it represents. This implies that trades are being made which reflect informed opinions and judgments about whether the current price of an asset accurately represents the present and/or future value of its underlying assets.
However, algorithms do not have the capability to make these types of judgments. Nor do they care about the present or future relationship between price and actual underlying value. All they care about is pricing inefficiencies.
This is why high-frequency trading is so dangerousi.e. because it does not care about the relationship between underlying asset value and current price which is the underpinning of orderly and well-functioning markets.
Why would any sane person invest in the stock market when they have no faith that asset prices are accurately reflecting the value of their underlying assets? High-frequency trading is now such a high percentage of overall trading volume that the long term value of an asset barely factors into its current price at all.
Ten years ago, a billion shares a day was considered to be huge volume.now its 4-5 billion shares a day, and let me tell you, all that extra volume isn’t coming from rational investors making judgments about the long terms values of stocks.
So when you click multiple times on the shopping cart "BUY NOW" button, because you don't see the THANK YOU FOR YOUR ORDER message, that is the fault of the vendor, and not the idiot repeatedly clicking?
If UBS had a damn clue, they would have sorted the issue out instead of repeatedly submitting orders.
A story in the Washington Post is hardly an admission by the country. Not saying they didn't do it, in all likelihood they did. But calling it an admission is just incorrect.
Slashdot Mirror
I think the point people are trying to make here is that TFA title is "Converting RSS Feeds To a Dynamic 3D Scene in 120 Lines of Code"
and when we look at the examples, we are seeing the 3D equivalent of the "blink" tag.
Why bother with the announcement of the tools, without a bit more effort put into what they can do.
Maybe the tools are great, but how would we know.
Following Hank's "Holy Shit" moment, Heisenberg's future is decidedly uncertain.
Or, how long before someone slaps on a new QR code for a Rickroll.
Back in my day we used to call people who snuck into buildings and stole things "burgalers".
And then they invented spell-check.
It's easy. Just be rich
How is he being taxed twice?
You pay tax on your income, you invest your income (principal) and pay tax on the investment's earnings. You don't pay tax again on the investment principal.
No, we can't use Pluto any more, it's not a planet. Uranuscrats?
I'd suggest "Anuscrats" is more fitting
Political "Science"?
While he's awesome, I wonder how this made it to the front page of Failblog before it made it to Slashdot.
You must be new here. Welcome.
How about "Dialready"?
Yeah, but they'd need to wait until the story falls asleep before they can read it...
Allegedly
Right, because "real" guns are oh so hard to come by.
I'm afraid you've seen too many movies.
We're talking about *ACTUAL* governments here.
"The word you were looking for is redacted. It is only censorship when someone else deletes your content."
(dons tinfoil hat)
Why would you assume his plan wasn't censored.
All day? How about 10 minutes.
While I will grant that HFT has a role in lowering spreads and increasing liquidity,
this comment by mfw13 offers a different perspective:
High-frequency trading harms longer term investors by distorting prices.
Fundamental to the orderly functioning of markets is the idea that asset prices reflect the underlying value of assets they represent. In the case of stock markets, this means that the price of a stock at any given time should represent the perceived value of the assets it represents. This implies that trades are being made which reflect informed opinions and judgments about whether the current price of an asset accurately represents the present and/or future value of its underlying assets.
However, algorithms do not have the capability to make these types of judgments. Nor do they care about the present or future relationship between price and actual underlying value. All they care about is pricing inefficiencies.
This is why high-frequency trading is so dangerousi.e. because it does not care about the relationship between underlying asset value and current price which is the underpinning of orderly and well-functioning markets.
Why would any sane person invest in the stock market when they have no faith that asset prices are accurately reflecting the value of their underlying assets? High-frequency trading is now such a high percentage of overall trading volume that the long term value of an asset barely factors into its current price at all.
Ten years ago, a billion shares a day was considered to be huge volume.now its 4-5 billion shares a day, and let me tell you, all that extra volume isn’t coming from rational investors making judgments about the long terms values of stocks.
-The algorithm, rather stupidly, bought high and sold low.
“I always do that. I always mess up some mundane detail"
So when you click multiple times on the shopping cart "BUY NOW" button, because you don't see the THANK YOU FOR YOUR ORDER message,
that is the fault of the vendor, and not the idiot repeatedly clicking?
If UBS had a damn clue, they would have sorted the issue out instead of repeatedly submitting orders.
for Siri as VP. She's easily as smart as any other recent VP candidates.
or Presidential candidates for that matter.
What other songs could the virus rock out with?
"America, Fuck Yea!"
How about 0xB15BA115 instead. If it was good enough for AC/DC....
It doesn't even appear to support Netflix.
$300 for a glorified jukebox? Looks like a failure right out of the gate.
Get a new wife.
A far more expensive proposition
Fuck you, Nvidia
Fuck you, Time Warner
Fuck you, RIAA
Who's up next?
A story in the Washington Post is hardly an admission by the country. Not saying they didn't do it, in all likelihood they did.
But calling it an admission is just incorrect.