On the other hand, there is so so much art out there, I could never hope to consume it all. It’s simple for me to use the character of the artist as a filter. I can break that rule whenever I want, but by default, other things being equal, I would prefer to consume art for pleasure from artists I respect as people.
I do consume art from outside this bubble but more to satisfy academic curiosity than pleasure.
What? “Opening short positions then pumping and dumping to trigger the shorts” doesn’t make any sense at all. You’re saying they opened a position that profited if the price went down then they bought to raise the price
You’ve never heard of this strategy before? If i tried to explain it, I would do a poor job, it’s happened a lot, enough that it is forbidden on most regulated exchanges.
In this case they buy slowly to avoid artificially propping up the price, then sell all at once to artificially drop the price, only momentarily. They don’t have to cause the entire price drop through selling everything they acquired, they just have to move the price down enough to trigger stop loss orders that they know about.
With this strategy they can accumulate assets while also taking profits on the shorts. It’s the retail investors who put in market orders or stop loss orders that get taken for a ride.
In their role as market maker they have all the information needed to minimize the risk of this strategy.
This is outside my domain, and I don’t know the details, but in many cases Jane street functions as a market maker, market makers have access to information they can exploit to skim from anyone that trades through them, especially retail investors who place market orders.
Pump and dump is a strategy that whales can use to bully smaller traders, not unlike how in poker the smaller your stack is in relation to the minimum bet, the easier it is for someone with a big stack to squeeze you out. This is possible for whales even when they don’t have access to the information that market makers have, and it’s not allowed on many regulated exchanges.
It’s like the reverse of the GameStop short squeeze, except instead of retail investors ganging up, propping up the price to liquidate institutional short positions, it’s an institution using its fat stacks to cause little crashes which they have opened short positions to exploit.
One arm of the firm creates a waves in the price, and the other arm rides the wave.
What you're describing isn't a pump and dump, but in any case what Jane Street did wasn't a pump and dump or what you're describing. It also had nothing to do with market making.
India's market trades options much, much more than the underlying stocks. This means that on one hand you can trade a lot of options without moving the market, and on the other you can move the market by trading comparatively few shares. Since options prices tend to be bounded by the price of the underlying, this is...a problem. For example you could buy shares to move the price up, sell calls, buy puts (aka a collar), then sell the shares to move the price back down so both calls and puts make money.
But it doesn't necessarily look like this is what Jane Street was doing. Instead they seem to have realized that stock and option prices already regularly diverged, and put the collars on to profit from corrections. In other words: arbitrage. Which, fair, can be functionally indistinguishable from market manipulation. But on paper it looks like they made prices better for everyday folks at the expense of the market makers and other institutions.
Matt Levine wrote a long Money Stuff column about this around the middle of last year.
Being a market maker doesn't provide any special information. I'm guessing someone misunderstood something like Level II quotes (https://www.investopedia.com/articles/trading/06/level2quote...) as being information that hedge funds / investment banks / pros have that retail traders don't... but it's just semi-public information that anyone can pay for access to.
Jane Street also isn't doing pump and dumps, they're not in crypto discord channels hyping some coin or running bot farms of twitter accounts to talk up some stock.
They run several different types of trading that might interact with other people attempting pump & dumps though, which could impact in either direction- plausibly they might do a momentum trade that follows the direction of movement or they might recognize a price discrepancy happening and trade against it.
More accurately, they have complex models pulling in many, many signals to inform trading, and I'm being a bit reductionist to categorize it as these two things.
Using the terminal in vscode will easily bring the UI to a dead stop. iterm is smooth as butter with multiple tabs and 100k+ lines of scrollback buffer.
Try enabling 10k lines of scrollback buffer in vscode and print 20k lines.
Makes more sense, too: Although you run TUI apps in it, the terminal itself is inherently more of a CLI than a TUI. Makes "terminal" rather misleading, IMO.
If you need global HA to the extent that you're worried about global VPC failure modes, you're going to have to spend a lot of effort to squeeze uptime to the max regardless of where you deploy.
Undersea cable failures are probably more likely than a google core networking failure.
In AWS a lot of "global" things are actually just hosted in us-east-1.
On the other hand, when they say something is in us-west-2 they mean it, so if another region has an outage your workloads aren't impacted unless your code is reaching out to that region.
There is a wide gulf between “when you exercise your body saves calories elsewhere in the day…when you eat less your metabolism slows down” and “some people can’t lose weight on 50% calorie restriction.”
The former is very well supported in the literature. The latter is only supported in low quality studies like where people self report their diet.
The CICO hypothesis accounts for metabolism. Your weight is a function of CICO and time. You can track calories in, weight, and time. From there you derive calories out.
The problem isn’t that CICO is wrong, the problem is that it turns out actual caloric restriction over time is really really hard.
The current best advice for weight loss is to avoid highly palatable and/or calorie dense foods, prefer foods that are highly satiating and low in calories, and strength training helps. Do whatever cardio you need for heart health; more cardio is at best unnecessary and at worst demotivating because extra effort will not net extra results. Slow and steady is easier to stick to.
One problem is that even though small deficits lead to more long term success, small deficits are very hard to track, and very hard to stick to.
When the size of your calorie deficit is two tablespoons of ranch dressing and a cookie per day, it’s easy to blow past it without even realizing.
CICO isn’t a diet strategy. By itself it won’t help you lose weight any more than kinematic equations help you to throw a ball.
I do consume art from outside this bubble but more to satisfy academic curiosity than pleasure.
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