What Twitter pile on are you watching right now (3 Viewers)

not a pile on, and not really twitter, but still

To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.



To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.



To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.


another explainer

To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.
 
Last edited:
not a pile on, and not really twitter, but still

To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.



To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.



To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.


another explainer

To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.

TLDR



As they say on Reddit!
 
Looks like two other funds, Citadel and Point72, bailed out Melvin, Melvin closed out their position.

So, someone's bonus is going to be a bit smaller this year, but no actual dead bodies.
 
Looks like two other funds, Citadel and Point72, bailed out Melvin, Melvin closed out their position.

So, someone's bonus is going to be a bit smaller this year, but no actual dead bodies.
Haven’t checked in today but last I heard it cost that hedge fund something in the region of $10B?
 
Haven’t checked in today but last I heard it cost that hedge fund something in the region of $10B?
dunno what the final fallout was. It wasn't their finest day... but it's all funny money anyway.

When it gets into those sums it stops being real, invariably there's some other position or hedge or bailout, and the same boys do the same job and get the same massive salary a month or two later.
 
dunno what the final fallout was. It wasn't their finest day... but it's all funny money anyway.

When it gets into those sums it stops being real, invariably there's some other position or hedge or bailout, and the same boys do the same job and get the same massive salary a month or two later.
It’s not all funny money though - one of them seems to have turned a 50k investment (or rather, bet) into 22 million. Plenty more have cashed out.
 
It’s not all funny money though - one of them seems to have turned a 50k investment (or rather, bet) into 22 million. Plenty more have cashed out.
oh the boys on wallstreetbets?

Yeah, they won. Sorry, I meant the hedge fund / money market guys.
 
To view this content we will need your consent to set third party cookies.
For more detailed information, see our cookies page.


This "Josh Barro" tweet is getting some well deserved pile-on
 
dunno what the final fallout was. It wasn't their finest day... but it's all funny money anyway.

When it gets into those sums it stops being real, invariably there's some other position or hedge or bailout, and the same boys do the same job and get the same massive salary a month or two later.


fucking lol. OK, after they got bailed out, for... I mean, yeah, billions of dollars, those same guys went straight back and shorted the same stock again.


Holy shit. I mean... they have to be right, at some point. Clearly that price is a bubble. But... the balls on these money manager guys (playing with other people's money). You'd think they'd simmer down for a day or two.

Apparently not. Funny.
 
There's other traders called High Frequency Traders, where they basically set up in a server room *right next* to the stock exchange and run a fibre connect straight into the place.

Then they can run millions of tiny trades hundredths of a second ahead of the market, since they know the market fractionally before the price moves for everyone else, using software.

This works great until someone writes a bug, and the computer starts hemorrhaging money and crashing economies.
 
There's other traders called High Frequency Traders, where they basically set up in a server room *right next* to the stock exchange and run a fibre connect straight into the place.

Then they can run millions of tiny trades hundredths of a second ahead of the market, since they know the market fractionally before the price moves for everyone else, using software.

This works great until someone writes a bug, and the computer starts hemorrhaging money and crashing economies.
That film The Hummingbird Project is very much about this kind of thing, worth a watch for Alexander Skarsgard's performance in it
 
There's other traders called High Frequency Traders, where they basically set up in a server room *right next* to the stock exchange and run a fibre connect straight into the place.

Then they can run millions of tiny trades hundredths of a second ahead of the market, since they know the market fractionally before the price moves for everyone else, using software.

This works great until someone writes a bug, and the computer starts hemorrhaging money and crashing economies.
This is a great article on the physical infrastructure behind HFT and trading in general

 
It’s not all funny money though - one of them seems to have turned a 50k investment (or rather, bet) into 22 million. Plenty more have cashed out.
he's updated his info

a309gkm5yxd61.png
 

Users who are viewing this thread

Activity
So far there's no one here

21 Day Calendar

Mohammad Syfkhan 'I Am Kurdish' Dublin Album Launch
Bello Bar
1 Portobello Harbour, Saint Kevin's, Dublin, Ireland
Mohammad Syfkhan 'I Am Kurdish' Dublin Album Launch
Bello Bar
1 Portobello Harbour, Saint Kevin's, Dublin, Ireland
Bloody Head, Hubert Selby Jr Infants, Creepy Future - Dublin
Anseo
18 Camden Street Lower, Saint Kevin's, Dublin, Ireland

Support thumped.com

Support thumped.com and upgrade your account

Upgrade your account now to disable all ads... If we had any... Which we don't right now.

Upgrade now

Latest threads

Latest Activity

Loading…
Back
Top