Join Platy’S Readwise Highlights
A batch of the best highlights from what Platy's read, .
I believe we should think of the Chinese state today as an autocratic regime that is occasionally capable of economic pragmatism rather than a technocratic regime that slips occasionally into Marxist faults.
2022 Letter | Dan Wang
danwang.co
The point is that the limit order book does not represent the true economic supply and demand for a stock. It just represents the supply and demand for the stock right now, mainly from risk-averse high-frequency electronic market makers. If you want to sell 100,000 shares, you break that up into smaller orders so as not to scare off the market makers, you do it over some period of time, and eventually enough people will want to buy that you’ll be able to sell at a reasonable price.
NYSE Forgot to Open Yesterday
bloomberg.com
Waterluvian
I think one concept that's slowly coming into focus for me is just how many engineers want you to experience _their_ experience and spend your time reveling at how clever _their_ stuff is. As if they think you wake up and want to do CSS work. CSS is not the goal. The website I'm building isn't even the goal. The goal is to solve some problem.
Everything that I have to do to solve that problem is an unfortunate (but inevitable) reality. But let's be clear: the goal is to minimize as close to zero, how much time you have to spend doing these things.
CSS, like all code, is a total liability. I want to spend as little time designing and writing it as possible. Which is why I hate CSS: it demands you know the exact current and future (hahahaha) structure of your webpage. `!important` is not some panacea, but I cackle at the ignorance of suggesting that the user is wrong for misusing it.
CSS's !important was added because of laws about font size for some text
mmastrac
...catch up on these, and many more highlights
Readwise