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by adamsmith143 1324 days ago
>Like who wants to be on the other side of a Jane Street transaction? Absolutely fucking nobody. If you're talking about "mispricings" during the "housing crisis," my dude, nobody wanted to sell their house to these dumb fucks! They were going to starve, they had no choice! How does that not seem like a scam of some sort to you? That's not honest money!

This comment makes me think you don't have the slightest idea of how the financial sector works, how Warren Buffet makes money, what happened in 07-08 or how Michael Burry made money during the crisis.

>If the Mercers were good people, would they be Republicans? No dude. C'mon, use common sense. Don't get hung up on "normal sense." Use common sense.

This comment makes me think you are just a troll.

>But the Jane Street people: No dude. Not Warren Buffet, not Burry, none of those vultures.

This is just ignorant. If Warren Buffet looks at Coca-Cola and thinks hey this stock is under-priced and will be worth more in the next decade and makes 10B off it there's no scam involved. Michael Burry evidently read through hundreds of Mortgage Backed Securities and saw that the underlying assets were more risky then they were priced at and made a killing betting against them. No scam. I'm not privy to what Jane Street's techniques are but it's most likely some ML driven search for alpha but again nothing screams scam. They aren't taking retail investor money, you couldn't invest with them even if you wanted to. Where's the scam?

All of your posts reek of paranoid delusions frankly.