Fast Traders Are Getting Data From SEC Seconds Early

The SEC uses Tradeworx datas to analyze the market and causes of flashcrashes, while high-frequency traders get a prime access to the SEC’s datas to place bets. Fair trade.

Hedge funds and other rapid-fire investors can get access to market-moving documents ahead of other users of the Securities and Exchange Commission’s system for distributing company filings, giving them a potential edge on the rest of the market.

→ WSJ

The AbCap : Milestone N°1

I want to thank all my readers from around the globe who helped The AbCap mark its best month. Ever.

I keep reading a lot while working on some very promising and special projects. I set to myself one post every two days, which ended up to be quiet a lot of time spent in front of the screen.

Also, I’m now going to comment a lot more on the articles.

Oh by the way, I’m on my way to write my very first longform :
“On reviving creativity at the workplace.”
This essay will be posted here as soon as I got more time to write.

Merci,

Ed.

‘A Diamond is Forever’ : The Relationship between Wedding Expenses and Marriage Duration

In short, relatively high spending on the engagement ring or on the wedding is inversely associated with marriage duration among male and female respondents, though a Skyscraper could help.

In this paper, we evaluate the association between wedding spending and marriage duration using data from a survey of over 3,000 ever-married persons in the United States. Controlling for a number of demographic and relationship characteristics, we find evidence that marriage duration is inversely associated with spending on the engagement ring and wedding ceremony.

→ SSRN

How One Boy With Autism Became B.F.F.’s With Apple’s Siri

I have to say the subject of autism affects me as one of my uncle is also living in his own thoughts. It’s delightful to hear about the positive impact of technology on people who would not have access to it, just a few years ago.

My kindest thoughts to you, Eric.

“It’s not that Gus doesn’t understand Siri’s not human. He does — intellectually. But like many autistic people I know, Gus feels that inanimate objects, while maybe not possessing souls, are worthy of our consideration. I realized this when he was 8, and I got him an iPod for his birthday. He listened to it only at home, with one exception. It always came with us on our visits to the Apple Store. Finally, I asked why. “So it can visit its friends,” he said.”

→ The New York Times

The Easiest Way to Get More Done? Work Fewer Hours.

IMG_0926.PNG

But why does working fewer hours mean you get more done? It doesn’t seem to make sense on the face of it. Maxwell says that people who work too many hours start making mistakes, which can actually take more effort to fix than to create. Overworked employees get more distracted and begin distracting others. Soon they’re making bad decisions.

→ Slate Magazine