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The simple reason for this was that Goldmanâs robots were slow. A lot of the moneymaking strategies were of the winner-take-all variety. When every player is trying to buy Pepsi after Cokeâs stock has popped, the player whose computers can take in data and spit out the obvious response to it first gets all the money. In the various races being run, Goldman was seldom first. That is why they had sought out Serge Aleynikov: to improve the speed of their system.
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Penney, urgently trying to lure back shoppers this yearafter a failed attempt to go upmarket in 2012 led to a 25percent drop in sales, reported a smaller decline in same-storesales for September than for August, sending shares up as muchas 6.9 percent in regular trading.
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First, despite the uptick, violence in the state is still close to the record low it reached last year. Second, the Indian army has to a large extent sealed the rugged, fenced and land-mined border that divides Kashmir, leaving militants with a critically small number of cadres and weapons.
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The counterargument is that consumers benefit hugely from choice. Not everybody wants, or can afford, the plumbing equivalent of a BMW. If Germans really provide better-quality services, they should be able to sell them as an upmarket product in other countries. But why should local consumers not be able to use cheap Polish plumbers if they prefer?
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But the pro-European establishment is fighting back very effectively, as two recent events show. The first of these was William Hague’s almost unnoticed speech to the Open Europe think tank last week. Mr Hague is an extremely independent-minded man, so I do not think that he has been captured by the Foreign Office. But he has certainly moved – by his own volition – in the direction of the mainstream Foreign Office view.
That all makes âGirl Most Likelyâ sound more focused than it is. Michelle Morganâs screenplay is filled with distracting inanities. Matt Dillon pops up as a shifty guy shacking up with Imogeneâs mom, claiming heâs a CIA agent. He tells tales of being hunted by foreign agents (one of which shows up for the insane ending). When we finally see a new play Imogene writes, itâs all about her and her mother. Hmm, why not write about the nutso CIA guy?
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