[ExI] Efficiency of algorithmic trading

Rafal Smigrodzki rafal.smigrodzki at gmail.com
Tue May 3 03:58:53 UTC 2011


On Mon, May 2, 2011 at 11:02 PM, Keith Henson <hkeithhenson at gmail.com> wrote:

>> ### The rich spend a much lower fraction of their income on
>> consumption, compared to low-income persons, they productively invest
>> instead.
>
> That used to be the case, back in the days of steel, railroad, even oil.
>
> But it hasn't been for decades.  The rich "invest" in what really
> amounts to ponzi schemes.

### Give us some statistics, no?

Rafal




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