Re:Ask HN: Why isn't all stock trading done by algorithm?
by devin_liu on Monday November 09, 2015 @11:48AM
(#10534060)
You're asking the wrong question. That's just one case where the computer doesn't understand the human side of things.
What you should be wondering is what are some cases where there is absolutely no advantage to using a computer. Look up the story of "George Soros breaks the bank of England." Or Hedge funds shorting Volkswagen when it was the most expensive stock in the world. Only to find out that Porsche owns 75% of it.
What you should be wondering is what are some cases where there is absolutely no advantage to using a computer. Look up the story of "George Soros breaks the bank of England." Or Hedge funds shorting Volkswagen when it was the most expensive stock in the world. Only to find out that Porsche owns 75% of it.