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smartbuttcute

2 karma · joined January 20, 2014

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smartbuttcute··on Bill and Melinda Gates Aren’t Leaving Their Kids Billions
Gate's kids could always work for the Gate's Foundation. Just being on the board would probably pay well.

Buffet's son is on the board of Berkshire.

smartbuttcute··on Some predict computers will produce a jobless future. Here’s why they’re wrong.
ARPANET was created by DOD. The Internet evolved from that.
smartbuttcute··on For the Love of Money
http://en.wikipedia.org/wiki/Carl_Icahn
smartbuttcute··on For the Love of Money
I visited DirectEdge.com I doesn't appear that the average investor is allowed to join.

http://www.directedge.com/Portals/0/04Support/Membership/EDG...

smartbuttcute··on For the Love of Money
I had not heard that idea before. I think it might not work because the HFT people are selling just as much as they are buying.
smartbuttcute··on For the Love of Money
This is where I read about it.

http://online.wsj.com/news/articles/SB1000087239639044481270...

smartbuttcute··on For the Love of Money
The large investment banks actually have a code they can append to their orders so they can jump to the top of the order cue.

That is the definition of "front running".

I'd like to see a 1 cent tax per share per transaction. That'd dramatically limit HFT.