Hacker News
new
|
past
|
comments
|
ask
|
show
|
jobs
|
submit
login
fairity
on Jan 29, 2021
|
parent
|
context
|
favorite
| on:
Robinhood denies claims that it sold GameStop shar...
Well, it's definitely a reward. But as I mentioned in my last reply, it's rewarding the wrong behavior if our goal is efficient price discovery.
jMyles
on Jan 29, 2021
[–]
I don't see how; it creates a disincentive to take short positions which are too low (good for price discovery) and provides a reward for discovering and outing them (good for price discovery).
Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4
Guidelines
|
FAQ
|
Lists
|
API
|
Security
|
Legal
|
Apply to YC
|
Contact
Search:
