Sucking 'Em Dry Bitchez The Industry Super Network released a study recently regarding the long-term effects of HFT "activities" on regular Mom and Pop investors highlighting a conservative range of loses between $1.6bn to $1.9bn annually . This slow bleed is driven through, well, payment-for-order-flow which revolves around a desire to internalize (reference Part 2) various generic, simpleton style order types, you ...
June 9, 2013 - Zero Hedge
Jerome Haehnel in San Diego Union Tribune I spoke with many friends, and they told me I can win against him today,Haehnel said. "He lost one week ago against a guy like me, a simpleton. A bad guy, a bad player."
Tom Gardner in Motley Fool We constructed the Simpleton Portfolio,Tom said, "to demonstrate to readers that if you find companies with superior economics, outstanding underlying financials, and great growth prospects, the real challenge is to be patient. If every...
Phil Oakey in Melbourne Herald Sun I am amazed that technically I've spent my whole life being a musician,Oakey says with a laugh. "I'm not clever enough. I'm just this bumbling guy. That's why I became a synthesiser evangelist, because I'm a simpleton. I've almost become...