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KevinSimler's profile
Kevin Simler
Kevin Simler
Kevin Simler
@KevinSimler

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Kevin Simler

@KevinSimler

Writer, software person, armchair anthropologist, dilettante. All genders, all political opinions welcome. Book: https://amzn.com/0190495995/ 

San Francisco, CA
meltingasphalt.com
Joined March 2011

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    1. Cameron Harwick  🏛‏ @C_Harwick 4 Jul 2018
      • Report Tweet

      Cameron Harwick  🏛 Retweeted David Schatsky

      "What does Wall Street need nanosecond precision for" = "Why would anyone ever need more than 640k of memory?"https://twitter.com/dschatsky/status/1013035134990344194 …

      Cameron Harwick  🏛 added,

      David SchatskyVerified account @dschatsky
      Serious question: can someone explain what value this creates for our society? Time Split to the Nanosecond Is Precisely What Wall Street Wants https://nyti.ms/2Izysff 
      1 reply 1 retweet 5 likes
    2. Kevin Simler‏ @KevinSimler 4 Jul 2018
      • Report Tweet
      Replying to @C_Harwick

      Can you elaborate / help me understand this better?

      1 reply 0 retweets 0 likes
    3. Cameron Harwick  🏛‏ @C_Harwick 4 Jul 2018
      • Report Tweet
      Replying to @KevinSimler

      Mostly a comment on lack of imagination. Latter is an (apocryphal) Bill Gates quote from the 80s. As for why it's valuable, the NYT article in OP actually addresses it fairly well despite the subtext of "this is frivolous and excessive"

      2 replies 0 retweets 1 like
    4. Cameron Harwick  🏛‏ @C_Harwick 4 Jul 2018
      • Report Tweet
      Replying to @C_Harwick @KevinSimler

      Being able to cheaply determine who has rights to an asset in the case of a near-simultaneous buy could reduce a lot of uncertainty!

      2 replies 0 retweets 3 likes
      Kevin Simler‏ @KevinSimler 4 Jul 2018
      • Report Tweet
      Replying to @C_Harwick

      ack, sorry, I didn’t RTFA. Makes a lot of sense to want higher precision, given (e.g.) HFT. What I don’t understand are the tradeoffs involved in HFT in the first place.

      8:34 PM - 4 Jul 2018
      0 replies 0 retweets 0 likes

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