Hacker News new | ask | show | jobs
by anigbrowl 5879 days ago
If GS has an information edge and rapes everyone else on a regular basis, maybe the prey should leave the market. It's a winner-take-all scenario, whether we like it or not.

Hardly the definition of a well-functioning market. Pretty much all economists agree that monopoly outcomes are a bad thing.

What I find unsettling about this report is the supposed consistency of GS - they came out ahead of the market every single day? Really? The phrase 'too good to be true' springs to mind.