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wasoxygen · 3906 days ago · link · · parent · post: Let it be resolved that algorithmic trading represents an immediate existential threat to the modern world | ThoughtInfection
Also, the bit about pronunciation of company names came from Thinking, Fast and Slow:Companies with pronounceable names do better than others for the first week after the stock is issued, though the effect disappears over time. Stocks with pronounceable trading symbols (like KAR or LUNMOO) outperform those with tongue-twisting tickers like PXG or RDO — and they appear to retain a small advantage over some time. A study conducted in Switzerland found that investors believe that stocks with fluent names like Emmi, Swissfirst, and Comet will earn higher returns than those with clunky labels like Geberit and Ypsomed.