I’m not sure they’re saying rust is king of types, they’re saying it’s king of llm targets.

Which it obviously can't be because it has an anemic standard library and depends on creates for basic things like error handling and async.

Not to mention it's one of the slowest compilation of recent languages if not the slowest (maybe Kotlin).

But there is no language that is best in all of these dimensions (including ones described above).

Everything is a trade-off.

Those two things aren’t the same at all, they’re so different it’s hard to believe you’re not being intentionally obtuse.

I mean, in the sense that customizable snippets are more flexible and can cover a wider variety of use-cases, I guess?

Can you name one solo dev AAA game let alone four?

Who would have thought ai labs with billions upon billions of r&d budget would have better models than a free alternative.

On the other hand, there is so so much art out there, I could never hope to consume it all. It’s simple for me to use the character of the artist as a filter. I can break that rule whenever I want, but by default, other things being equal, I would prefer to consume art for pleasure from artists I respect as people.

I do consume art from outside this bubble but more to satisfy academic curiosity than pleasure.

Can you perhaps explain what is objectionable so I don’t have to read the objectionable thing?

I skimmed it. It's a story about a time traveler warning his ancestor about the horrors of Islam taking over the world. It's pretty yikes.

They're accused of opening short positions, then pumping and dumping to trigger the shorts. That's not arbitrage.

By "pumping and dumping" do you mean "buying and selling" to outsmart other people trying to outsmart them?

Did they lie about the financial health of the securities they traded?

You could just read the article.

This is outside my domain, and I don’t know the details, but in many cases Jane street functions as a market maker, market makers have access to information they can exploit to skim from anyone that trades through them, especially retail investors who place market orders.

Pump and dump is a strategy that whales can use to bully smaller traders, not unlike how in poker the smaller your stack is in relation to the minimum bet, the easier it is for someone with a big stack to squeeze you out. This is possible for whales even when they don’t have access to the information that market makers have, and it’s not allowed on many regulated exchanges.

It’s like the reverse of the GameStop short squeeze, except instead of retail investors ganging up, propping up the price to liquidate institutional short positions, it’s an institution using its fat stacks to cause little crashes which they have opened short positions to exploit.

One arm of the firm creates a waves in the price, and the other arm rides the wave.

Please correct me if I’m wrong.

What you're describing isn't a pump and dump, but in any case what Jane Street did wasn't a pump and dump or what you're describing. It also had nothing to do with market making.

India's market trades options much, much more than the underlying stocks. This means that on one hand you can trade a lot of options without moving the market, and on the other you can move the market by trading comparatively few shares. Since options prices tend to be bounded by the price of the underlying, this is...a problem. For example you could buy shares to move the price up, sell calls, buy puts (aka a collar), then sell the shares to move the price back down so both calls and puts make money.

But it doesn't necessarily look like this is what Jane Street was doing. Instead they seem to have realized that stock and option prices already regularly diverged, and put the collars on to profit from corrections. In other words: arbitrage. Which, fair, can be functionally indistinguishable from market manipulation. But on paper it looks like they made prices better for everyday folks at the expense of the market makers and other institutions.

Matt Levine wrote a long Money Stuff column about this around the middle of last year.

Thank you, I will check that article out.

> Please correct me if I’m wrong.

You are, about pretty much all of this.

Being a market maker doesn't provide any special information. I'm guessing someone misunderstood something like Level II quotes (https://www.investopedia.com/articles/trading/06/level2quote...) as being information that hedge funds / investment banks / pros have that retail traders don't... but it's just semi-public information that anyone can pay for access to.

Jane Street also isn't doing pump and dumps, they're not in crypto discord channels hyping some coin or running bot farms of twitter accounts to talk up some stock.

They run several different types of trading that might interact with other people attempting pump & dumps though, which could impact in either direction- plausibly they might do a momentum trade that follows the direction of movement or they might recognize a price discrepancy happening and trade against it.

More accurately, they have complex models pulling in many, many signals to inform trading, and I'm being a bit reductionist to categorize it as these two things.

If it’s so ridiculous then why is this practice specifically forbidden on US regulated exchanges?

Js manages trades for huge whales that can move markets by themselves.

So yes it is textbook insider trading if you are placing options just before you move the whale.

which textbook would that be?

The one that barred from the Indian stock market.

What? “Opening short positions then pumping and dumping to trigger the shorts” doesn’t make any sense at all. You’re saying they opened a position that profited if the price went down then they bought to raise the price

You’ve never heard of this strategy before? If i tried to explain it, I would do a poor job, it’s happened a lot, enough that it is forbidden on most regulated exchanges.

In this case they buy slowly to avoid artificially propping up the price, then sell all at once to artificially drop the price, only momentarily. They don’t have to cause the entire price drop through selling everything they acquired, they just have to move the price down enough to trigger stop loss orders that they know about.

With this strategy they can accumulate assets while also taking profits on the shorts. It’s the retail investors who put in market orders or stop loss orders that get taken for a ride.

In their role as market maker they have all the information needed to minimize the risk of this strategy.

That's not insider trading lol.

It is when you are the market maker as well.

Maybe libel is the wrong term, but erroneously marking a website as unsafe can lead to damages.

Only if it’s intentional (or maybe grossly negligent).

Google is grossly negligent

Some of the things people bet on can be decided by a single person.

The more accurate the markets get, the greater the incentive for insiders to spoil it.

That doesn’t benefit anyone but the insider and probably has a net negative on everyone else.

Using the terminal in vscode will easily bring the UI to a dead stop. iterm is smooth as butter with multiple tabs and 100k+ lines of scrollback buffer.

Try enabling 10k lines of scrollback buffer in vscode and print 20k lines.