Fred and Ethel a few months back called us and asked us to explain the modern stock market to them. And we did so.
It has taken them many months to just understand it from the 25,000 foot level. Bless their hearts; they have been busy doing their homework. They are pretty sure they understand how it works at 25,000 feet. Now they are hard at work trying to wrap their hands around market microstructure, and all of this order-type business. They have been hearing an awful lot about order
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