On Traders
2012-11-02
Analysts don't analyze but traders DO TRADE.
Nowadays the looser trades highly frequently with the help of super computer; while the winner bids even more audaciously.
A bad luck case these days:London Whale.
$6.2 billion loss. Even money doesn't worth much now, still huge money.
Salesperson write stories. Not traders.
Stories stay. Truth drifts away.
With this, Liar's Poker is a good story.
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