You must log in or register to comment.
A lot of neoclassical economics is taking the idea of "yeah this is a pretty good rule of thumb in most circumstances" and pretending it's an immutable law of the universe.
Specifically, markets become increasingly inefficient as the time series lengthens or becomes more frequent.
So high frequency trading actually increases market inefficiency?
Edit: Oh, duh. That's exactly why it works.
Price has actually trippled since that tweet was made lol. Feeling efficient as hell
