“Dark pools” are hidden liquidity in the stock market, often used to fulfill retail investors’ orders outside of the “actual” exchange, while brokerages get kickbacks.
On the face of it, this feels icky to many people, and has spawned a meme that “dark pools are bad for retail investors!” and, “Clearly something nefarious must be going on if they want to pay to execute my orders!” This is sometimes tied in with some reference to front-running and the book Flash Boys.
This meme annoys me because retail investors are exactly who benefit from dark pools. …
This is a different sort of post than I have done until now — whereas I usually share my personal experience or way of thinking, these “study notes” will represent my attempt to objectively synthesize a topic that I’ve been learning about.
I was first introduced to the topic of metacognition by an amazing coach (who expressly does not want their name online), and it has been incredibly important for my growth as a leader.
Metacognition refers to higher order thinking that involves active control over the cognitive processes engaged in learning. (Livingston, 2003, p.2)¹
In simpler terms, metacognition is being aware of our thinking as we perform specific tasks and then using this awareness to control what we are doing. …
Disclaimer: opinions expressed here are my own and do not reflect the views of my employer.
I’ve almost burned out a few times now. In each case, I was lucky enough to realize (with the help of supportive managers) that what I was doing was unsustainable, before it was too late.
That this has happened a few times may be surprising. Why didn’t I learn enough from the first time to completely prevent burnout from then on out?
The reality is, new circumstances and challenges kept testing my limits in very different ways. No two of these high-intensity situations were exactly the same—therefore, the tactics that I’d implemented the first time did not necessarily save me from the second time, and so on. …