Re:Ask HN: Strategies to land fully remote $250k+ job
by cma on Sunday December 19, 2021 @08:55PM
(#29620758)
One grocery store doesn't bury another by being humanly imperceptibly faster at returning carts than the other by a microsecond, and if they were forced by the structure of the market to spend tons of money on that before investing in being open 24/7 which real customers care far more about and provides far more value, it would seem really weird and like something was really messed up with market incentives in the grocery store industry.
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Re:Ask HN: Strategies to land fully remote $250k+ job
by pgwhalen on Sunday December 19, 2021 @11:19PM
(#29621539)
> One grocery store doesn't bury another by being humanly imperceptibly faster at returning carts than the other by a microsecond
One trading strategy being faster than another does not automatically make it better. This is a common misconception.
Re:Ask HN: Strategies to land fully remote $250k+ job
by cma on Wednesday December 22, 2021 @06:26PM
(#29656785)
There are many, I'm only talking about the ones that get an edge through latency arbitrage.
Re:Ask HN: Strategies to land fully remote $250k+ job
by pgwhalen on Wednesday December 22, 2021 @06:39PM
(#29656886)
Sure, but at that point I would argue you metaphor is not very useful.
One convenience store would likely "bury" another if it were one block closer to its customers than the other. I wouldn't say the food store industry was "really messed up with market incentives" because of it.
Re:Ask HN: Strategies to land fully remote $250k+ job
by cma on Thursday December 23, 2021 @01:26PM
(#29664772)
A better example would be two stores were equidistant and the market structure made it make economic sense for one store to pay enormous amounts to have itself jacked up and moved one millimeter closer.
A block closer is massively human perceivable, but we're talking about stuff far below human reaction times.