skysight-inc/HackerNews huggingface dataset:
I mean you can still offer credit in T+0 settlements but the real challenge (I think) is setting up an industry-standard margin pledge facility for trades to happen without immediate availability of liquidity.

Here's DTC's whitepaper from 2018 discussing some issues with real-time gross settlement: https://www.dtcc.com/~/media/Files/downloads/Thought-leaders...

TL;DR: Market makers using a netting mechanism to settle trades at the end of the day, and they often don't have the funds necessary to settle trades in real-time.
So gap closer is a combination of movement speed, items actives and runes that let you close gaps.

Annotations have been added to all the runes/items that state things like it gives 2.0 Gap Close. It's just summing it up.
Where is the evidence that “nontraditional investors beat the crap out of hedge fund speculators at their own game” or that “hedge funds pressured the brokerages to disallow new stock purchases of GameStop”?

This is the narrative, for sure, but how is this anything more than conjecture? Have the hedge funds publicly said “you got us!”, and even then why should we believe them?

The story is fuelled by a subreddit and celebrity hot takes on Twitter. The news coverage I might actually trust also happens to be extremely weak — it’s all on the periphery rather than at the center of the story and I’m deeply skeptical anyone knows what’s actually going on. Why should they? Without a leak from an institution that’s how it should be when private entities trade on a public market.

I have seen the mansplaining of what a short position is or what a short squeeze is or how someone can be 150% over shorted — originally 138%, then inflated to 140% for impact, then inflated again. The explanations aren’t wrong but knowing the mechanics of a theory doesn’t differentiate between an internet fantasy and the real world. That kind of self-fulfilling logic is one step away from the world of conspiracy theories.

As I’ve said before, on the face of it this just looks a lot like some folks pumping a cheap stock. Potentially the first round of these had good reason to — the actual squeeze — but now the second, third, fourth and upcoming fifth daily cycles are pumping it for the sole reason because the last one did and we need an exit. It could well by pyramid shaped — I’d put money on it if I were you.
Flamewar comments will get you banned here. Please don't post like this to HN.

https://news.ycombinator.com/newsguidelines.html
A bygone era, my friend. Cramer would get eaten by the sharks today. He knows this, which is why he stays out of the water.
Shorting is riskier than going long by definition of what an equity is. Equity in a company means in a worst case scenario you go to 0 when you are long. If you flip that, when you are short, your loss potential is infinite.
I’ve seen people (entirely in computing contexts) say “used in anger” but never knew the derivation.

See eg https://en.m.wiktionary.org/wiki/fire_in_anger#Verb
We've banned that account. Unfortunately, you also perpetuated the flamewar in this thread quite badly. Please don't do that on HN again.

https://news.ycombinator.com/newsguidelines.html
Yes it was known a few days ago (Thursday) when tanks and soldiers showed up in Yangon, and at press conference Thursday the general hinted at a coup.
I'm looking at a chart of Nikkei and its currently 77% of its peak. Even with the March crash, it's shot back up like the S&P has. Where do you get 1740?
Can second this. Having JTAG/SWD access is so much better than any of these ad-hoc stuff combined. When even SWD doesn't work, you know with certainty that your board/chip is in deep trouble anyway. Also for most of Cortex-M you buy the dongle only once.
That's why the customize this build menu exists. It's looking at the raw number but if for game play reasons you need galeforce/eclipse you can just set that under force items.
Thanks for the explanation - one question though, how do we know that Melvin (or any other security/fund) is not correlated to the S&P?
We've banned this account for posting flamewar comments and breaking the site guidelines. If you don't want to be banned, you're welcome to email hn@ycombinator.com and give us reason to believe that you'll follow the rules in the future.

https://news.ycombinator.com/newsguidelines.html
> 3. He claims he is worried about "market manipulation", but I doubt he would be complaining or have his faith shaken in the markets if he just realized a 7% gain this week.

That's Bernie Madoff in a nutshell. As long as people kept putting money in, it was fine. It was when people pulled their money out during a financial crisis when Madoff was exposed.

It's also a favorite scheme of con-men, that is, to make you feel like you are winning, when in fact, you're losing. You'd only know that until after it's too late.
So you want servants, but just described slightly differently...
> If I short a stock, I borrow the share and the sell it on the market. If I loan the share to someone else and they sell it then it is still only sold once.

The share can then, afterwards, be loaned out and sold again. This causes it to be “double sold” and you’ll see something like the 140%.

Alice loans share to Bob, Bob sells to Carol, Carol loans to David, David sells to Eve.

Bob and David are both short sellers. There is only one stock. It has been sold twice.
No. The issue is that you have no central ledger of ownership of stock, but instead many firms' individual ledgers. You also have various kinds of risk of fraud, etc.

T+2 is an atomic commitment algorithm that leaves enough time for humans to make phone calls and discuss the implications when there's going to be a failure to deliver or another anomaly from fraud or globally inconsistent state.
Are they? Do many people invest in Hedge Funds with their 401ks? Aren't the vast majority of regular people's 401ks tied up in Index Funds?

My understanding was that hedge funds started mostly as a way to be more protective of wealth - i.e. you were sacrificing some potential gains to be more certain you wouldn't lose more than x%. Hedge funds have a lot more focus than that now - but (my understanding at least) is that hedge funds still are mostly for people with high net worths.
That's a nice quote but I wonder if something was lost in translation. "Preparation" seems too "point-in-time", like you do X, Y, Z and you are ready.. which doesn't seem right.

Opportunities in life are moving targets, there is no way to be "prepared" at any point in time. I think a better way to say this would be "Luck is what happens when momentum meets opportunity".

So you are engaged with something (like running a SaaS company), something happens (like one of your large competitors goes out of business) and your activities up to that point put you in a spot that makes it possible to benefit from that event.
Business Intelligence Meets Data Engineering with Emerging Technologies
This is what I've been reading and lead me (I guess incorrectly?) to believe that there was naked shorting happening
At the end of the day, after the stack of promises has been popped, only one person can have the share as well.
Three Bills,

First one is giving the freedom to sell produce anywhere instead of designated grain markets. Sounds good? Until you realise that Grain Markets Officials were there kind of observers (at least in the spirit of law). Now Companies with teams of lawyers can deal directly with illiterate of private farmers. the las specifically gives only DM as highest arbiter in event of disagreement.

Second one is giving freedom to store produce as much as one wants. Sounds good on paper until you realise most of the produce (wheat, rice, veggies, anything) need special environment to store. Which private farmers lack & only Adani Ambani have access to those modernized silos. Guess who is going to buy it cheaply at harvesting season & then store it for months/years & release the produce to market to maintain the artificial scarcity? Sounds similar to modern diamond industry.

Third One, removing the MSP, Minimum Support Price. Anybody can pay as high as they want to buy the produce in open market. Ambani gave free 1GB internet for two years to drive out the competition in mobile network market. Its a known business plan in SV to bleed money to drive other competitors out. Ambani's competitors are small scale flour mills, shop owners, contartors, small scale sellers. Guess who will be out of business in 2-x years by Ambani's unlimited money & guvernment support?
Does this not imply that they are satisfied with their work for largely social, extrinsic reasons (as opposed to intrinsic ones)? Cal seems to argue that people can only be most satisfied if they are better than everyone else at some niche task. I wonder how this is any different than winning at the "rat race" that so many people seem to harp against? Is Cal then in support of the "rat race" ?
Not really, as long as you publish a spec and it isn't encrypted(except for some really rare satellite control use cases) it's fair game.

The really annoying one is they put symbol rate into law instead of bandwidth so we'll never see above 9.6kpbs in the VHF bands(there was a petition a while back to repeal it but from what I recall a bunch of HF folks though it was going to cause chaos across the bands and I don't think it went anywhere).
For most of the second half of the 20th century, the USSR existed, China was (as it still is) authoritarian, and the US supported authoritarian regimes in places like South Korea, Indonesia, Iran, and Chile. US-supported regimes killed something like a million people between 1950-1990. Then the 1990s came and the USSR collapsed, liberating Eastern Europe. Also, the US pulled back a bit from its support of the worst sort of authoritarians. So there were reasons to be hopeful during the 1990s. I'd say that on the whole, if there was an anomaly it was more the 1990s specifically than any of the time from 1950-1990. I think the world in general is still less authoritarian on average than it was between 1950-1990.
Their legacy system is kinda the villain though. It's optimized for large institutional clients who don't have immediate liquidity to settle trades.
I don't remember being taught "never commit secrets into source control" at university. I'm sure that calculating loads is part of the civil engineering syllabus at most universities. Civil engineers are also required to be qualified and registered professionals, unlike software engineers.

There's a myriad array of ways that data breaches can occur. Which ones am I liable for as a software developer? If I'm on the receiving end of a 0day exploit, am I still liable? Or if I'm targeted by the Russian/Chinese/North Korean/{{currentEnemy}} government?
10 Years of Nlnog Ring
Hate to break it to you, but I can borrow a share and sell it to you and then I can borrow it back over and over again.
If the SEC or any government agency steps in to help Wall St hedge funds at the expense of $GME shareholders, I wouldn't be the least bit surprised to see the entire millennial generation revolt against the current financial system. They could easily trigger it by a crowdsourced agreement to liquidate 401k's and all stock holdings.

If we see any govt agency step in, I'd imagine them trying to pity sell us on lost teacher pensions, etc being managed by the hedge funds...but they'll leave out the part that says those teacher pensions have been financially weaponized against average investors for years.
"I argue it would be the same with many of today's software"
And you are right, that's why todays internet is more a web oligarchy than a democratic web.
Clients and Services instead of protocols.
Jeremy Grantham: "We've got an artificial rate structure ... And we're going to use that as a yardstick? We're going to say 'Stocks are cheap because they are less utterly ludicrous than a 30 year bond, or cash which is deeply negative?'"

https://www.bloomberg.com/news/videos/2021-01-22/why-grantha...

@14:51
Hiring a chef and a butler is a far cry from having servants.
StayFocusd – a Google Chrome extension that blocks time-wasting websites
that's what i've been thinking about too-- at what point is it economically expedient for GameStop to sell shares directly to the shorts to bail them out? doesn't seem much weirder than all the credit default swap silliness that's happened for the past few years.
It’s not broken, it’s just simplified because nobody’s selling the book, just lending it out.

> In shorting, it sounds like you can sell the same share to 2 different people.

You have to obtain (buy or borrow) the share twice in order to sell it twice.
How long would it take per unit?
The point is though there's never been another LTCM in nearly a quarter of a century. LTCM was one of the first major fixed income arbitrage funds, a strategy that's uniquely sensitive to cheap leverage.

They were able to exploit their prime brokers to give them tons of leverage at essentially zero costs. Since LTCM was one of the first, the banks didn't really know how to model their counterparty risk and they were dazzled by the prestige. Since that occurred there's been a ton more hedge funds, and banks have way better systems for managing that level of counterparty exposure. Plus the post-GFC regulations severely limit bank leverage anyway, so they couldn't give cheap leverage to their hedge fund clients even if they wanted to.

Again that's why we've never seen another LTCM in nearly a quarter of a century. Pointing to LTCM as an example of risk in the financial system of 2021 would be like pointing to Chernobyl as an example of risks in modern nuclear reactors.
he's diagnosing the issue wrong but he's not wrong to feel like the game is rigged. very few people own stocks and the "people" that do own a disproportionately larger amount that everyone else.
Shops like you described for B2C markets existed in the past. All voted out by wallets.
Here are links to the relevant white paper

https://muon-gm2-theory.illinois.edu/white-paper/
I've said it many many times on HN and elsewhere. It wont be popular to say this again now - but I dont care: Trading stocks on RH is gambling - it is no better than trading in a casino. The SEC should step in and regulate them like a casino, in the name of investor protection (aka NOT day-trader protection)

RH is the social media of trading. Its all about the quick hit of dopamine via a mobile-first experience. Any conceptual inkling of educating their customers around long term investing is out the window. Why? Because thats not their business model. They profit when you trade a lot because they get paid by HFT. So investing is not in their mantra. Only ridiculous day trading as we have now.

This isn't a story about market stability, price formation, RegNMS, margins, collateral. Thats all a distraction.

This story is about the "autists" at r/wsb sticking it to wall street. Which is fine, its all good and entertaining. But random punting isn't going to create wealth.
> most laptop OEMs are still not tuning their laptops firmware for Linux

Just curious, what would they actually change in the firmware to "tune a laptop for Linux"?
I recently learned the term OPM (other peoples’ money).

As in, it’s preferable to invest OPM. Could that be the definition of a hedge fund?

And in that regard, it’s basically the opposite of the ideals many of us are intimately familiar with - such as having “skin in the game”.

To share in winnings yet be insulated from losses must change one’s incentives and potentially reframe what “risky” means in practice.
42% even (7k on top of the 23k-7k a decode ago)!
How would you make it illegal?
To be fair, it probably is. Most equity hedge funds are probably closer to a 50% correlation, and should be benchmarked accordingly (i.e. half T-bills/half S&P). Investors would be able to see its historical monthly returns and regress them against the equity index.
Wow all these are just amazing. The time and effort - not to mention attention to detail - these individuals have is mind blowing.

But this just gets me wondering. Why can't I find any css framework that emulates like windows 10 UI or the current macOS? Is it just the nostalgia aspect that pushes someone to create something like this? Or people just don't find todays OS's emulate-worthy?
Imagine a world where an individual did all this shorting. A different individual then sees it and buys all outstanding shares of the company, and decides they are long on the company and only want to hold their shares.

How does the shorter now settle up their positions in this scenario? With 140% of the company’s stock shorter it becomes easier to get into this state.
They are deep into conspiracy theories over on /r/wsb
Mandi is a designated physical space, market, where any buyer & seller can transact; & government mandi officials will record & observe all transactions for data logging, & to keep the issues away. Nobody has monopoly, anybody can come & buy. Think of it as a kind of transaction between a craigslist buyer & seller at local police station.

If buyer & seller trust each other, like between my family & farmers in out village, we used to buy the produce directly from their home.
Customize this build -> Add Engine Option -> Enemy Armor -> 30 to 30

HP Recovery is still wired up for the way it was used in season 10.
One of the things I really appreciate about HN is its ability to get beyond "sound-bite arguments" to really get to a deeper understanding of what can be complicated arguments. Which is why I really disliked your comment, because your primary sentence includes two lies where you take some words out of context, but hey it must be true because you provided links.

1. Going to your own link, Newsweek did not call "GME investors "far-right extremists"". The article clearly states that far-right extremists were instead using the "stick-it-to-the-man" ethos driving a lot of the GME investor chatter to recruit. There is a huge difference.

2. As other's have pointed out, WaPo published an Op Ed, this was not something under their Editorial Board or a news article. Saying "The Washington Post is comparing the situation to the Capitol riots" is deliberately misleading.
It's not that simple you have to consider the total portfolio. To give a simple example, longing AMD and shorting Intel is less risky than just longing AMD.
Salesforce unveils Vaccine Cloud to manage Covid-19 records
Remote Attackers Can Now Reach Protected Network Devices via Nat Slipstreaming
Ok, since the rt.com article appears to be the canonical source, we changed the URL from https://www.thesanfranciscotelegraph.com/technology/3678/in-... to that.

Edit: actually there are lots of media articles about this story. I've changed the URL from https://www.rt.com/news/513966-spotify-monitor-emotions-pate..., to https://www.bbc.com/news/entertainment-arts-55839655, which is one of the more substantial ones.
You’re missing the point. The same share can be repeatedly loaned and sold by different people: A lends to B who sells to C who lends to D who sells to E, etc. No one in the chain did any naked short selling.
Apple’s iCloud Passwords extension for Chrome on Windows is now available
I use TeaVM exclusively now to build web apps. It is rock solid and performant in every respect including runtime speed and download size. It is great alone or in conjunction with its SPA toolkit Flavour (https://blogs.oracle.com/javamagazine/java-in-the-browser-wi...)

Some examples:

* MerchMaker (make Roblox merch): https://frequal.com/merchmaker/

* Funniest Stories Ever (fill in the blank stories): https://fse.frequal.com

* CoronaWait (store wait times and in-stock reports): https://coronawait.frequal.com/
The big money guys on the big money shows kept referring to themselves as "the investor class."
As if by the very nature of their jobs, they were set aside above and apart from those of us who have to earn our livings by doing useful things

Hate to say it but that was literally exactly what Marx was talking about when he referred to “capitalists” as a class.
Thus the appeal of walled gardens. The user can’t run malware if they can’t install any off app store software by default. Linux repositories are an earlier example. The current Windows ecosystem of the first search result being malware, downloading often unsigned .exe files and conditioning users to click next until they get what they want is a mess.
Link to the extension

https://chrome.google.com/webstore/detail/icloud-passwords/p...
My Brother's Hamster
Any sources? Punjab has one of the highest suicide rate in farmers. 3300 in last 10 years [1].

[1] https://borgenproject.org/farmer-suicide-in-india/
Given the popularity of the various incarnations I'm sure a high percentage of the UK-based readers of Hacker News have seen/used them.

My 48k Speccy was my first exposure to computers, and I've written before about how it was the direct inspiration towards my career. I don't own any hardware any more, but I still have a couple of books - including the spiral-bound orange manual.

I'm slowly in the process of building my own Z80-based "computer". It's been an on/off project for a year or two now, with very little to show for it. But writing little Z80 assembly language programs gets me feeling very nostalgic.
There is already Chrome OS, but that obviously has Linux under the hood. I'm guessing this will also benefit electron-based apps to be able to provide serial interaction.
Is there a reason why it should be illegal?
I wouldn't bet on home cooks on average preparing healthier meals than restaurants.
Go far enough back in the past and everything was legal. The history of the stock market is the history of new rules being added, new laws being passed, all to restrict how you can buy and sell stocks.

Back in the 1920s I could make a company, issue a bunch of stock, and then go around telling people how amazing and profitable my company is, selling stock door to door.
They have plenty playlists for this just search for them, stick to it and quit trying to "know" me. It's creepy and will drive off users.
All of those people are servants, it’s just kinda rude to say it that way. Saying “I don’t want servants, I just want people to cook for me and clean up after me” is really just saying “I want cooking and cleaning servants, but I don’t want to use that word”.
I'm a silverbug, I just like the stuff.

But there are some fringe ideas that float in the silver world. The market manipulation people are largely people who don't understand how commodity markets work. Yes big traders can push the market around a bit, but they do it to make money. This is a very different thing from GME.

Silver may go up, but I'd be pressed to see it crack $100 an ounce for more than a moment. Lots of stashed silver will flow into the market pushing the price downwards.
You can use the Customize this build menu to do by hand modifications. You can save build orders as guides for other people to use.

It's ultimately a decision support tool.
Exactly - if you're concerned about long term investing because of the relatively small recent drawdown in the S&P, you really need to re-educate yourself about what long term investing means.
WSJ link: https://www.wsj.com/articles/SB10001424052970203920204577191...
In terms of looks, afaik 2000 is a bit lighter and possibly shaded red a little—not so grey. Not much else differs externally, though.
Yes and no. You are referring to calculating the variance of a portfolio which takes into the consideration the covariance of components. You can assume your normal or lognorm distribution of returns. All fine and good.

But if INTC becomes the ire of r/wsb, you can throw any sort of historical covariance out the window. There is NO hedge for this.
Tesla criticised for lack of Autopilot safeguards (2020)
It's easy to play them in whatever order you like, just build a playlist.
And maybe it's time to have a tax on financial transactions. The EU is looking at that again. It's called a "Tobin tax"

I don’t mean to sound harsh but you are financially illiterate if you don’t know this already exists. Have a read of https://www.gov.uk/tax-buy-shares

By the way Tobin no longer advocates for a Tobin tax.