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Jane Street's Sneaky Retention Tactic

10 months ago
  • #programming
  • #migration
  • #finance
  • Jane Street uses an obscure French programming language as a sneaky retention tactic.
  • Hedge funds employ unconventional methods like counting cars in satellite photos or shipping gold for profits.
  • Building a compiler for a homegrown language is an eyebrow-raising strategy.
  • The article discusses various finance topics including commodities, taxes on stocks, and prediction markets.
  • Migration policies in the West are leading to plummeting numbers of new arrivals.
  • Japan's obsession with rice has led to ballistic prices and extreme political measures.