chronic640201

5 ms·

1. 1.▲
   by chronic640201 2y ago

   > Does the book cover anything about how the fund actually works? Basically, no.
2. 2.▲
   by chronic640201 2y ago

   > So taking all the profit and attributing it to capital returns tends to give you weird numbers. Why does it matter? Returns are returns. Money in, money out. After all, people compare HYSA bank interest with TreasuryDirect bond return
3. 3.▲
   by chronic640201 2y ago

   Old age But probably smoking
4. 4.▲
   by chronic640201 2y ago

   Mathematics can only take you so far. At the end of the day, people run the exchanges. Not math. The returns of modern HFT market makers are even higher. With their unfair “business” advantages such as PFOF, privileged dark pool and block