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If you pay $100 extra once in your life for the gold iPhone, then Apple has probably cannibalized more of your retirement fund than HFT.

Ballpark esitmate: drop $20k/year into retirement (1 lot of SPY/year) x 1 penny/share being robbed from you x 50 year working career, you've lost $50 to the evil HFTs.



True, more than the money it's the problem that all these super talented people are trying to relive Superman 3 instead of curing cancer.


Have you found the cure for cancer and now you're wasting time while waiting for the FDA to approve it?


TABB group estimated HFT income to be $21 billion in 2009. That's about $65 for every man, woman and child in the US.

Ballpark figure, of course.


Not quite, that's a theoretical upper bound - it's spread x share volume. Compare that to Apple's actual profit last year of $39B.

https://finance.yahoo.com/q/is?s=AAPL+Income+Statement&annua...


Losses due to burglary, by contrast, are around $5 billion a year. For comparison.

Which is probably more relevant than AAPL's net profit.




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