May 21, 2024, 4:58 PMI cannot think of the free t-shirts any longer but can only remember that Jane Street trades are equivalent to 1/7TH OF THE COMBINED EQUITY, BOND, CURRENCY AND COMMODITY TRADING REVENUES OF ALL THE MAJOR GLOBAL INVESTMENT BANKS
not just A bank, not just all US banks, but ALL THE MAJOR GLOBAL INVESTMENT BANKS
https://www.ft.com/content/54671865-4c7f-4692-a879-867ef68f0bde
May 22, 2024, 4:01 AM
@fbanados it's weird that FT is so good when WSJ is so useless
@fbanados (not that weird, Murdoch bought WSJ and it was good before then)
@fbanados they should be giving us more t-shirts
@fbanados who said anarchist communes couldn’t turn a profit!
May 22, 2024, 5:04 AM@fbanados i still have no idea what they actually do. every time i ask someone who isn't a finance bro they have no idea and every time i ask a finance bro they get all defensive for some reason and don't actually answer the question
May 22, 2024, 5:06 AM@fbanados "of course they bring value to society!" well i never implied they didn't, i only asked what they do, which is a reasonable question for any company I think, but now i'm starting to wonder if they actually do bring value to society now that you bring it up