The key to being successful in business is trust, you have to trust the people you work with. This trust must co-exist with competence. Many people weigh trust higher than competence, however competence is absolutely key.

Machines are pushing people to new frontiers, and teach us that complacency and the status-quo are not working.

Once one understands the disadvantage of being at the bottom of the stack, it becomes much easier to understand the importance of speed in HFT. As new price levels form, HFTs compete with other HFTs to join the new price as quickly as possible in order to secure advantageous stack position for passive orders.

It is there to establish a framework in which the society works; and lay down, first of all, the parameters which form this framework- and secondly provide objective and fair ways of determining whether these have been contravened- and if so? what should be done.

Research shows that individuals who are slower to habituate to negative events tend to be more prone to depression. This ability to habituate is crucial for moving forward.