Re:U.S. credit card debt jumps 18.5% and hits a record $930.6B
by bob1029 on Friday February 03, 2023 @01:42PM
(#34645898)
The US markets are the most aggressively optimized game theory engines on the face of the planet.
The biggest mistake you could ever make is thinking that the prices in the market reflect perceived value of things today. Everyone is playing in 2nd or 3rd order terms, at minimum. Anyone playing first-order is going to get steamrolled unless they have a latency advantage.
The biggest mistake you could ever make is thinking that the prices in the market reflect perceived value of things today. Everyone is playing in 2nd or 3rd order terms, at minimum. Anyone playing first-order is going to get steamrolled unless they have a latency advantage.