Why shouldn’t people be allowed to do both? I don’t see much of an advantage to making the markets less agile.
It would be nice to be able to buy and sell stocks more than once a quarter, especially given plenty of events that do affect the perceived value of a company happen more frequently than that
> I don't care if exchanges trade back and forth all day to simulate fake demand (volume/exchanges between wallets that aren't actually going to transactions for goods/services aka crypto isn't really being used at $26b/day).
It sounds like you do care because you want to see “real” demand (unless I’m misinterpreting). This is the same reason wash trading is illegal in the regular markets
I mean, yes. Every single time there’s an aviation incident there’s an extremely thorough investigation and generally a set of concrete recommendations to go along with it.
Pilots are human, automated systems fail, and the goal is to maximize safety because these fuckups mean that 200-300 people on a single plane might die (or more if a plane crashes into another or into a populated area) and these safety regulations have saved a lot of lives.
When a company does a stock buyback it’s abundantly clear that the company is buying its own stock.
The point of wash trading is to make it seem like there’s more activity around a traded security than there really is. You’re artificially pumping the books and it’s extremely illegal with regular stocks
But the conclusion of the article is pretty unambiguous nonetheless:
> Rotating tires regularly can also help. But ultimately, there’s no getting around the fact that you’re driving something that weighs as much as three Miatas.
I know you didn’t write this but what an idiotic take. How many Miatas exist? It’s a very uncommon car. At best it carries two people. Who cares about the weight difference between a Camry and a Diablo? Micro weight isn’t the problem macro environmental externalities are.
I don't even know what a Miatas is, but in fairness this monster weights as much as three Dacia Sandero which is the most common car in Europe and is a five-seater your can go on vacations with, so very much not a micro car.
In fact I'm in the street in France right now, in vacation, and now that I checked at least half of the cars of the other tourists around me are around three times lighter than the “car” we're talking about…
Over a million Miatas have been sold throughout its lifetime. It's definitely the most popular two-seat sports car and probably the most popular convertible in history.
It would be nice to be able to buy and sell stocks more than once a quarter, especially given plenty of events that do affect the perceived value of a company happen more frequently than that