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fits my needs posted:i mean, what even is a war crime? Cool and fun activities that troops do and people get angry about
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Feb 23, 2021 18:08
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one advantage a digital dollar would have is that instead of the federal reserve controlling liquidity, it could be done by some rando in cyprus
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Feb 23, 2021 18:09
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another advantage is that the united states could get hacked and have all its money stolen by some guy
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Feb 23, 2021 18:10
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What's the deal with 5.11 pants, anyway? Is there more to them than being good pants that happen to be popular with vets, LEOs and 'tacticool' types?thalweg posted:It's not real canoeing unless it's from the canoe region of Iraq. Otherwise it's just sparkling war crime 
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Feb 23, 2021 18:10
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Rutibex posted:war is a crime Dustcat posted:one advantage a digital dollar would have is that instead of the federal reserve controlling liquidity, it could be done by some rando in cyprus So... like now?
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Feb 23, 2021 18:11
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Accretionist posted:What's the deal with 5.11 pants, anyway? Is there more to them than being good pants that happen to be popular with vets, LEOs and 'tacticool' types? 5.11 tactical gear in tom clancy's the division 2 provides a high armor bonus with stacking bonuses to health and recovery with each piece you equip, I assume the same happens in real life
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Feb 23, 2021 18:14
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Cold on a Cob posted:those are the same people that get the most pissed when the person serving them food or whatever is a bit slow or not great at their job too gently caress that dude, I waited tables and bartended for a bit I always tip like 40-50%.
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Feb 23, 2021 18:15
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Accretionist posted:What's the deal with 5.11 pants, anyway? Is there more to them than being good pants that happen to be popular with vets, LEOs and 'tacticool' types? I bought a nylon 5.11 belt online once because my skin hates metal buckles and it had good reviews and now I get tons of conservative 2A spam email. Big mistake.
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Feb 23, 2021 18:15
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digital dollars aint even real yet? my landlord's been gettin' ripped off this whole time lmao.
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Feb 23, 2021 18:16
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Accretionist posted:What's the deal with 5.11 pants, anyway? Is there more to them than being good pants that happen to be popular with vets, LEOs and 'tacticool' types? They are pretty good pants for what you pay for and they last forever. I wear jeans as my daily and to this day I'm still running out of pocket space.
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Feb 23, 2021 18:17
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Mr Hootington posted:All troops suck. Shut up about your beloved war crimes and how people steal Valor. Nobody cares
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Feb 23, 2021 18:17
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https://twitter.com/StockJabber/status/1364262526729527298?s=20 anyways, the ARK fund is currently imploding, all their holdings are going down together and that correlation across different sectors/cap size is a bad omen for them
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Feb 23, 2021 18:18
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i assume predatory shorts creating performance death spirals is a sign of good fundamentals
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Feb 23, 2021 18:21
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Sounds like they need to pause trading to let investors recalibrate their positions.
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Feb 23, 2021 18:22
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Oxsnard has restored my faith in the "doomsday" part of economics. I want to believe!
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Feb 23, 2021 18:22
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so is ARK a particularly special fund that's pensions for babies or something or are we just paying attention to it because they happen to be the one hedge fund among a dozen that's imploding right now
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Feb 23, 2021 18:25
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I'm not saying the mattering is here, but this company blowing up will be a thing
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Feb 23, 2021 18:25
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oxsnard posted:the vix is still in contango, not even close to it being fun yet what does this mean. [action guy voice] can the technobabble nerd put it in english
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Feb 23, 2021 18:25
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gradenko_2000 posted:so is ARK a particularly special fund that's pensions for babies or something or are we just paying attention to it because they happen to be the one hedge fund among a dozen that's imploding right now they're not a hedge fund, they run ETFs which they exclusively sell to retail morons
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Feb 23, 2021 18:26
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mila kunis posted:what does this mean. [action guy voice] can the technobabble nerd put it in english contango is the opposite of backwardation you moron
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Feb 23, 2021 18:26
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oxsnard posted:they're not a hedge fund, they run ETFs which they exclusively sell to retail morons So a sham.
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Feb 23, 2021 18:27
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markets really got canoed today. big beautiful V shape
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Feb 23, 2021 18:28
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hedge funds charge u 2 & 20 (2% of principal plus 20% of profits) and they generally don't put half their assets in outsized positions in illiquid microcaps. ARK charges 0.75% and takes a huge amount of the risk themselves. It's extremely hilarious
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Feb 23, 2021 18:29
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SKULL.GIF posted:markets really got canoed today. big beautiful V shape 
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Feb 23, 2021 18:29
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MysteriousStranger posted:So a sham. nah running an etf is an actual business, you charge a little bit and provide liquidity to market participants
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Feb 23, 2021 18:30
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These moments where you start having talk of vulture hedge funds taking on heavy short positions to mug another hedge fund are really illuminating. Companies can be broken, jobs disappear, and massive amounts of money will be lost because of people pushing paper back and forth on computers in New Jersey, utterly divorced from the real world performance of the companies.
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Feb 23, 2021 18:30
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Dustcat posted:i assume predatory shorts creating performance death spirals is a sign of good fundamentals Yes. Capitalism needs a good wildfire to burn away the weeds so the mighty Redwood will flourish.
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Feb 23, 2021 18:31
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Optimus Prime Rib posted:These moments where you start having talk of vulture hedge funds taking on heavy short positions to mug another hedge fund are really illuminating. Companies can be broken, jobs disappear, and massive amounts of money will be lost because of people pushing paper back and forth on computers in New Jersey, utterly divorced from the real world performance of the companies. Nobody even pushes paper anymore. A bunch of math nerds and computer touchers set themselves up in Jersey because they were on a closer fiber optic hop to the markets which meant their automated poo poo hit nano seconds before other firms did and used that to win monies.
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Feb 23, 2021 18:32
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like they don't even get to keep almost any of the profit gains from their extremely risky speculative picks
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Feb 23, 2021 18:32
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gradenko_2000 posted:so is ARK a particularly special fund that's pensions for babies or something or are we just paying attention to it because they happen to be the one hedge fund among a dozen that's imploding right now They focus on 'disruption' stuff. Grew 150%+ last year to become the largest active ETF. And broadly speaking, Reddit loves Ark CEO Cathie Wood and think she's the next Warren Buffet. I haven't looked into them but they seem to have been well positioned to catch all of last year's hypes.
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Feb 23, 2021 18:33
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give me blood I want blood
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Feb 23, 2021 18:33
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me reading stonk charts and marking them up like a technical trader https://twitter.com/Keubiko/status/1364226607527854083?s=20
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Feb 23, 2021 18:34
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MysteriousStranger posted:Nobody even pushes paper anymore. A bunch of math nerds and computer touchers set themselves up in Jersey because they were on a closer fiber optic hop to the markets which meant their automated poo poo hit nano seconds before other firms did and used that to win monies. Didn't they move the NYSE computers (meaning the actual NYSE) to Newark or somewhere in Jersey?
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Feb 23, 2021 18:36
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yeah the nyse floor is just theatre now
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Feb 23, 2021 18:38
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Cold on a Cob posted:me reading stonk charts and marking them up like a technical trader Who accidentally fed the TSLA fundamentals? You know that's toxic right...
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Feb 23, 2021 18:39
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MysteriousStranger posted:Nobody even pushes paper anymore. A bunch of math nerds and computer touchers set themselves up in Jersey because they were on a closer fiber optic hop to the markets which meant their automated poo poo hit nano seconds before other firms did and used that to win monies. Last I heard they were putting the infrastructure even closer than that, like smack dab in the middle of Wall Street to decrease latency.
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Feb 23, 2021 18:39
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MysteriousStranger posted:Nobody even pushes paper anymore. A bunch of math nerds and computer touchers set themselves up in Jersey because they were on a closer fiber optic hop to the markets which meant their automated poo poo hit nano seconds before other firms did and used that to win monies. Wall Street traders reacting as stock market plunges: 
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Feb 23, 2021 18:40
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MysteriousStranger posted:Nobody even pushes paper anymore. A bunch of math nerds and computer touchers set themselves up in Jersey because they were on a closer fiber optic hop to the markets which meant their automated poo poo hit nano seconds before other firms did and used that to win monies. Provide useful services?  $13 dollars an hour and you better be loving gratefulCrowding around a network node to move money around a nanosecond faster than the other guy?  Very productive and important work, here is all the money.
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Feb 23, 2021 18:41
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skooma512 posted:Provide useful services?
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Feb 23, 2021 18:45
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Gorson posted:Last I heard they were putting the infrastructure even closer than that, like smack dab in the middle of Wall Street to decrease latency. and wall street has boxes full of hundreds of meters of spooled fiber cable to try and slow them down
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Feb 23, 2021 18:45
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