Grocery store produce, being shown on sale, with price savings
Grocery store produce, being shown on sale, with price savings

“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. …


Image for post
Image for post
Photo by Andre Mouton on Unsplash

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. …

About

Justin Spahr-Summers

I work in tech, and have spent a lot of time in (variously) software engineering, technical leadership, and management roles. jspahrsummers.com

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store