6 ms·
Quote from an interview with Hunsader on CNBC regarding this topic: Q (CNBC): Should long-term investors care about milliseconds? A (Hunsader): Yes, the
by owlee 11y ago
Quote from an interview with Hunsader on CNBC regarding this topic:
Q (CNBC): Should long-term investors care about milliseconds?
A (Hunsader): Yes, they should.
- tptacek 11y agoOk, and...?
- deleted 11y ago[deleted]
- owlee 11y agoAgreed. I don't see how you could construe my comment as any sort of endorsement of CNBC.
- SilasX 11y agoThe whistleblower (Hunsader) is the authority being quoted there, not CNBC.
- harryh 11y agoHunsader is basically an authority on conspiracy theories and little more.
- tptacek 11y agoThat's not true. Even people who don't like Hunsader's analysis (and there are lots of those people) tend to acknowledge that his operation generates good data.
- harryh 11y agoOK that's fair. The data is good. But the theories on top of that data....not so much.
- jnordwick 11y agoI agree with the previous poster. As someone who works in the field, I find a lot of the analysis very conspiratorial when often the correct explanation is somebody had a bug. "Never assume bad intentions when assuming stupidity is enough" -- Hanlon's Razor
- PhantomGremlin 11y agooften the correct explanation is somebody had a bug That's true in general. But there are literally billions of dollars in play every day on Wall Street. One quip I've heard is IIRC "there are no coincidences on Wall Street". Never assume bad intentions when assuming stupidity is enough Wall Street does not, in general, employ stupid people. Stoned, perhaps (c.f. Jimmy Cayne), but not stupid.
- nanexllc 11y agoI welcome debate over specific topics. I demand specific examples from wild accusations. Since I've published over 3000 pages (and have never had to retract a single page), you have plenty to chose from. BTW, what have you published?