Sniperfish

Joined 13 years ago

Karma
229
Submissions
70
Member since
Sep 10
Living and working on the tech side of Toronto's finance industry.
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Recent submissions

Comment · 8 years ago
Buy the rumor, sell the news
Comment · 8 years ago
Think of short as a negative share position. To close it out, buy the shares in the market at the (hopefully lower) price. You've (1) sold at a higher price and (2) bot at a lower price - profit is the difference.

Mechanically, the negative share position is achieved by borrowing shares to sell. This carries an obligation to give 'back' the borrowed shares, which is satisfied when you buy in the market.

Comment · 8 years ago
What good is a vote if the choices aren't honestly presented?
Comment · 8 years ago
For us, the most frequent issue on our land line are out-of-country calls (so out of jurisdiction) trying to sell duct cleaning services. We've gone as far as booking a couple of appointments to identify the local businesses that use these providers, but nothing comes of the reports. Where the origin is foreign, there are still avenues for domestic enforcement but authorities appear uninterested - to me this is an easy way to increase the effective cost of foreign call centers that don't obey local laws.
Comment · 8 years ago
Very interesting content and I hadn't encountered it before, but can we get a (2016) tag as it's not 'new'.
Comment · 8 years ago
Or 3) convince the other side's believers to stay home
Comment · 9 years ago
Re. the number of machines, it's something I've encountered as an obstacle from a fair proportion of people I've spoken about password managers to. I think its more a perceived issue than a real one.

Just spitballing which systems I would realistically want access to passwords on, at a minimum, includes: personal desktop, personal laptop, tablet(s), cellphone(s), family (parent, sibling, in-laws, etc) computers, office desktop, office laptop.

In my case (many cases?), the latter two prevent software installation, so I would need to manually type from a manager synced on my cell. Which really is no different to what is required for 2FA - just a longer character string. Overall, a some setup and synch related inconveniences but not to a damaging degree, which is why I think this is more a matter of perception - once you think through where you're typing passwords it appears less of an obstacle.

Comment · 9 years ago
Nix says Oakes attended UCL “in a private capacity.”

I have no idea what this means, which is - I suppose - the point?

Comment · 9 years ago
I disagree, there are competitors for almost all the non-internally created datasets which implies the streams are available outside the Terminal.

IMO the network effect is the biggest thing to break and that would need to begin with the buy-side. If Pension Manager XYZ with $N trillion AUM uses Bloomberg then you can be damn sure so does anyone wanting to do business with them.

Comment · 9 years ago
There's a 'joke' in my office, we have someone who circulates key headlines in a morning email because we all have electronic access to a slew of newspapers which means none of us read any of them.

Related, I renewed a print subscription to The Economist after spending the last ~5 years as a digital-only subscriber. I read so much more of the content when it's a physical item than by picking the articles with 'interesting' headlines.

Comment · 11 years ago
In Canada it's not uncommon to see the seniority of Director and VP reversed (Director being the more senior)
Comment · 11 years ago
PC reading, I've not tried it on mobile, but I always enjoy the layout / setup of the Gates Notes. Very clear to read and navigate.
Comment · 12 years ago

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