Recent submissions

Comment · 4 years ago
If you sell a large quantity (whether regular selling or short selling), it will drive the price down. If you short sell before regular selling, it will drive the price down even before you start your regular selling. Any gain from short selling will be offset by the lower price you get from your regular selling.
Comment · 4 years ago
Taxpayers do not subsidize most mortgages in the US (with the exception of Ginnie Mae programs). Having a guarantee against default and fixed interest rates are two different things.

Government-sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac guarantee conforming mortgages that they securitize against default. They might ultimately be backed by the US Treasury and thus US taxpayers (if not in theory, then in practice).

However, when inflation is high, the burden on the borrower of paying off their fixed-rate mortgage goes down (as their income increases faster over time). Therefore, the borrowers are less likely to default during high inflation. Thus, having the GSEs guarantee these mortgages is not a subsidy that protects middle class borrowers from inflation. High inflation essentially eliminates the need for the guarantee by itself.

Comment · 4 years ago
A mortgage with a fixed interest rate and no prepayment penalty is no subsidized since the borrower pays for the option to prepay the mortgage with a higher interest rates than they would be able to get if they were not able to prepay the loan. The market prices in the value of the call option.
Comment · 4 years ago
A tender offer is a means of building a large stake, so the poison pill would still be active. Therefore, he will not launch a tender offer.
Comment · 4 years ago
Comment · 4 years ago
Comment · 4 years ago
> Price discovery is broken when large market participants and market makers have access to mechanisms that enable unlimited shorting.

Actually, it's the other way round: you can only have accurate price discovery if people can take both long (buy) and short positions (short sell). If shorting is restricted, price discovery is much less likely, since only current owners of the shares can sell them. That's like only allowing current owners of the shares to buy more of them.

Comment · 4 years ago
Why do I need to own the copyright to mint an NFT of the image?
Comment · 5 years ago
While the article is not really about the database schema, could you do a table with just two fields?

1) hash of concat(ip & helo & m_from & m_to) 2) time

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