[2015-10-13] Benefits of Insider Trading

Blame Quintushalls for this.

Moderator: Kimra

[2015-10-13] Benefits of Insider Trading

Postby RealGrouchy » Wed Oct 14, 2015 2:55 am

http://smbc-comics.com/index.php?id=3890

Panel 3 is from a true story. They* actually did spend ungodly sums of money to build fiber-optic lines between Chicago and New York on improbably straight paths through ridiculous ground conditions, just to get a couple milliseconds' advantage over the competition (*evil people who used this to screw people over for profit), even paying princely sums to have their trading servers located in the rack closest to where the connection comes in the building. The book retraces the steps of the Canuck trader who smelled something amiss and upon much investigation discovered what was happening.

Ther's a book about this called "Flash Boys: A Wall Street Revolt" by Michael Lewis, and despite being about hedge fund financing and IT infrastructure, is actually very well written and quite a page-turner. I highly recommend it.

- RG>
User avatar
RealGrouchy
 
Posts: 3
Joined: Fri Nov 26, 2010 4:45 pm
Location: Ottawa, Canadia

Re: [2015-10-13] Benefits of Insider Trading

Postby Quantumplation » Sun Oct 18, 2015 11:16 pm

Can we get that last frame as a t-shirt?
Quantumplation
 

Re: [2015-10-13] Benefits of Insider Trading

Postby Apocalyptus » Tue Oct 20, 2015 10:31 am

Quantumplation wrote:Can we get that last frame as a t-shirt?

No.
Kimra wrote:Next they'll be denying us the right to say "We'll rape your arse if you don't come to this fucken country."
User avatar
Apocalyptus
Not what you were expecting
 
Posts: 5299
Joined: Tue Jun 02, 2009 2:00 pm
Location: Melbourne

Re: [2015-10-13] Benefits of Insider Trading

Postby Sahan » Tue Oct 20, 2015 11:50 am

I second that no.
Destructicus wrote:Alt text:
"I wonder if chemists feel bad that they're always left out of these sorts of jokes."

Since when is chemistry not a science?
User avatar
Sahan
"I promise you no penis jokes."
 
Posts: 4366
Joined: Sat Jan 26, 2008 6:20 am
Location: Perth, Australia


Return to Latest Comic Discussion 3: Revenge of the Son of Latest Comic Discussion 2

Who is online

Users browsing this forum: Google [Bot] and 16 guests