Re:How D.E. Shaw's Wall Street Geeks Overtook the Paypal Mafia
by jklein11 on Thursday December 10, 2015 @06:15AM
(#10710058)
>The farmer in your example doesn't normally have the time to keep up with everything going on in the market
That is really the beauty of it though. The market, through speculators and algorithms come up with a risk adjusted price, and the only decision the farmer needs to make is to accept or reject the deal.
That is really the beauty of it though. The market, through speculators and algorithms come up with a risk adjusted price, and the only decision the farmer needs to make is to accept or reject the deal.