A thought…

The firms, in general, that are making money are the ones that hire humans to make computers capable of decision making. The ones that are in trouble are the ones that have computers enable a human to wheel and deal on the phone.

I know about Knight Capital but this seems to be the general trend in the markets.

Currently reading: Dark Pools by Scott Patterson.

Advertisements
Tagged , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: