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Comment by wfeui3 | Hacker News Reader

I lost faith in HN crowd when hyperloop started. California can not even replicate 40 years old TGV, but somehow it will build space-like technology for fraction of price.

And than there are politics. Entire world should accept millions of refugees. But SF is different, and should not even host 400 homeless who arrive every year.

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We detached this subthread from https://news.ycombinator.com/item?id=12773066 and marked it off-topic.

But it should build lots of housing for tech workers for whom life just isn't worth living if they have to be anywhere else on the planet.

Yes, because otherwise they'll just take all the other housing, since tech workers are paid more.

>I lost faith in HN crowd when hyperloop started.

HackerNews flies off the rails when it comes to anything Elon Musk related, or anything banking/finance related. Musk invented everything and is infallible; the bankers are ruining everything and are irredeemable.

Funnily enough, i find hn a lot more balanced than any other forum I've seen when it comes to finance in general and HFT in particular.

I can't argue with that. I think the population's general level of financial knowledge is low, which is sad considering the influence it wields.

I suppose my expectations of this place is higher because...it is a great comment section. But the financial discussion is heavily conspiracy laden.

The articles I read have everything from people with a passing knowledge of finance to finance professionals to people apparently involved in HFT shilling for it. Just as an anecdote, most sites I see on the topics are more polarized in one direction or another. I won't say it's the most diverse crowd here but all the counterpointing brought my attention to many different aspects of the finance and HFT problems.

Curious, what discussion site(s) in finance would you recommend that has more diverse opinions from known experts or veterans whose writing is accessible to non-experts?

"Not in my backyard"

Honestly, just stick to the tech threads. The SV nonsense is where the worst of this shows up.

It shouldn't be about faith. Every "crowd" has all kinds of people, and even the very smartest people aren't always right. By reading critically (and following up with research if necessary), you can decide what's right and what's wrong.

In my experience, H.N. comments have a lot of wrong. But when the content is good, it can be truly great.

"Faith" that HN comments is relevant source of information, sifting through hundreds of post to find one relevant is not worth it.

I get better results from Twitter, Reddit...

I agree - the Musk delirium is strong with these ones.

You have to take HN with a dose of salty optimism.

The Valley depends on a little bit of irrational koolaid thinking.

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