#citadel

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KEN GRIFFIN #Citadel, The Market Cartel: "We have the power. We set the price of securities. We study your trading data to trade better against you. We have $65B in 'sold not yet purchased' liabilities, but…the destruction of the US Capital Markets is RETAIL INVESTORS’ FAULT!!!" #GTFOH $MMTLP $MMAT $TRCH #MMTLPFiasco #WhatIsTheShareCount #CounterfeitShares #PutItOnTheRecord #Hearing #SetTheDate "There is an understanding that many dynamics of how humans behave can be, in a sense, taken advantage of by technology. If we know how humans behave, and we can predict that, we can use that to better position our portfolios.” TRANSLATION: We are stealing your trading behavioral data to build algos to steal even more from you… “Markets are efficient because of active managers setting the prices of securities. Firms like Citadel, Fidelity, and Viking Global Capital Research run large teams engaged in fundamental research to drive the value of companies. Passive investing benefits from the market efficiency created by active managers.“ TRANSLATION: We have the power to set the price of securities, not the free-market… “And they [retail traders] took a run at the stock market…a lot of it came from a place that I don’t think was very healthy. Let’s try to take a firm like Melvin and put them into bankruptcy. Great, so you basically tried to wipe out the pension plans of teachers?...You feel good about that???” TRANSLATION: IT IS RETAIL INVESTORS’ FAULT!!!...

JunkSavvy

177,482 次观看 • 2 年前