Good ideas and conversation. No ads, no tracking. Login or Take a Tour!
kleinbl00 · 3913 days ago · link · · parent · post: Let it be resolved that algorithmic trading represents an immediate existential threat to the modern world | ThoughtInfection
Except that's not how it works. At all. Not even vaguely. You have to look at it this way: You have to look at it this way. Thousand of participants all with their own opinions trying to make money. The ones that are popular make money and survive. The ones that are unpopular lose money and exit the market. In the words of the immortal William Munny, "Deserve's got nuthin' to do with it."You have to look at it this way. Thousand of participants all with their own opinions trying to make money. The ones that are right make money and survive. The ones that are wrong lose money and exit the market.