Archive for August, 2012

Facebook and Knight: Human-Fail and SkyNet-Fail?

According to someone out there with the need to calculate this number, “the volume-weighted average price of Facebook stock on May 18, 2012, between 1:50 pm and 2:35 pm” was $40.527. That was the day Facebook went public. That was also the day that the modern stock market had, by […]

The Un-Mock-Up-Able

Sometimes you can mock things up ahead of time — you can figure out, going into something, what it’s going to be like to be *in* that something. And sometimes you cannot. In JFF parlance, the former is mock-up-able and the latter is un-mock-up-able.  When something is mock-up-able, it makes […]

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