Technologists talk a good game about being numerically oriented and rational but they love, love, love their "Wall Street is picking your pockets via payment for order flow" meme. That claim about reality can be evaluated, with numbers. It is false.
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Replying to @patio11
I am not so sure you can measure the indirect consequences of it
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Replying to @federicocarrone @patio11
Such as? Brokerages are legally required to measure lots of execution statistics.
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Replying to @kasey_junk
There's also a Bayesian reasoning thing here, where somebody is arguing that respiration causes $FOO CO2 emissions because human bodies weigh 420 tons each, a respiration scientist says "OK, no, no, none of that is right", and new claim is "Science is hard; who knows anything?"
8:00 AM - 3 Oct 2019
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