logoalt Hacker News

CyberDildonicslast Thursday at 2:45 PM1 replyview on HN

Retail investors railing against HFTs are sort of like those San Francisco types who protest new development to the benefit of their landlords.

It's nothing like that since there isn't a limited resource and everyone has access to the core purpose, which is to trade stocks.

What I notice with these discussions is that no one can actually explain why a retail investor or anyone would want computers trading underneath them millions of times a second.

At best they try to give hft credit for the automation that happened with computers anyway.

The only people that want it are the people doing it. That's not a business, that's a grift.


Replies

resterslast Thursday at 2:58 PM

Does one of the following traditions inform your view on this issue?

a) https://www.sefaria.org/Bava_Batra.90b.1?lang=bi&with=Introd...

b) https://sunnah.com/nasai/44

show 2 replies