Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Yes, this certainly was a very enlightening and professional discussion. We are fortunate to have recently acquired some very helpful and knowledgeable participants. Your commentary also adds to the benefit of this discussion.
Just saw Michael Lewis on CNN in Fareed Zakaria's GPS (the only show I respect on CNN). Amused to hear him changing his tune from his Demagoguing of front running scalping to the complexity of the technology making it unstable being the problem, not "scalping". Either he has been listening to his critics or the earlier Demagoguing was just the means to get a lot of press for book. I am sure there will be a link soon on CNN to this episode of GPS.
Comments
Regards- OJ
BATS Admits CEO Lied About HFT On CNBC
LOL.
Think IEX won this round. And, I hate when CEOs don't know their own business.
There are no saints in this business.