2,553 karma · joined September 3, 2015
For a long time I could access Bloomberg for free because they failed open when you did this
No, more like you decide to be less greedy than everyone else. You choose to leave money on the table in favor of getting out early.
> The second and most complex problem is that certain kinds of people, like new entrepreneurs, innovators and many informal workers might not have enough hard data available. Even a well-paid expatriate moving to the United States can be caught in the conundrum of not getting a credit card for lack of credit record, and not having a credit record for lack of credit cards.
> Fintech resolves the dilemma by tapping various nonfinancial data: the type of browser and hardware used to access the internet, the history of online searches and purchases. Recent research documents that, once powered by artificial intelligence and machine learning, these alternative data sources are often superior than traditional credit assessment methods, and can advance financial inclusion, by, for example, enabling more credit to informal workers and households and firms in rural areas.
Second, the insane amount of volatility and concentration in these tickers makes the clearinghouses charge the brokerages way way more. You have fees (quoted in %) for expected change and also lack of diversity.
Thread of other resources on derivs: https://twitter.com/bennpeifert/status/1238823808946954241