It's a common rhetoric from someone who has no clue about financial markets (the person you replied to).
Suppose you want to invest in S&p500 so you want to buy the ETF. Someone like Jane Street can create sell you this ETF, and take care of the risk that comes along with it. For example, the price they sell you this ETF should take into account the pricing of underlying stocks. While it sounds trivial, doing this profitably (and therefore sustainably) is a tough job. And doing it competitively to offer you a good price on it is an even tougher job.
It'd make sense if you were writing out some Boolean expressions or trying to present something with formal logic. But you're writing English here so it seems inappropriate to a) ditch conventional grammar and b) pass off the criticism as "imposing their limited experience".
One thing I don't get is how they sustain themselves in terms of income - does anyone know what they do to support their lifestyle? Just really curious (and potentially out of the loop). Thanks.
Original blackberry keyboard would like to have a word with you. I wish I could find a decent smartphone with the same keyboard "that tries to emulate a big keyboard"
This doesn't make much sense, for two reasons:
1. Various ML libraries are implemented in C++ and have wrappers for respective interpreted languages.
2. Given higher-level languages can do auto-diff, c++ as a lower-level language is likely to be able to do it (and it can).
It just doesn't have as popular libraries such as python/R etc given the latter are far easier to work with + lower barriers for entry.
Abuse of taxes is not a party-specific issue. Until laws are passed to prevent this (which is probably a multi-decade lobbying effort), it will re-occur. You are right, it eventually boils down to "it is quite hard".
Abuse of taxes is not a party-specific issue. Until laws are passed to prevent this (which is probably a multi-decade lobbying effort), it will re-occur. In the meantime, it's probably reasonable to be sour about paying taxes when it's subject to this practice by the receiver.
businesses yes. But governments abuse public spending - at least in the UK a significant chunk gets funnelled to conservative friends and family...why should I therefore want to fund that?
Suppose you want to invest in S&p500 so you want to buy the ETF. Someone like Jane Street can create sell you this ETF, and take care of the risk that comes along with it. For example, the price they sell you this ETF should take into account the pricing of underlying stocks. While it sounds trivial, doing this profitably (and therefore sustainably) is a tough job. And doing it competitively to offer you a good price on it is an even tougher job.