3 ms·
This is exactly true. I had the pleasure of having a very short sit down with one of the world's most successful traders and he said this in not so many words.
by cheez 10y ago
This is exactly true. I had the pleasure of having a very short sit down with one of the world's most successful traders and he said this in not so many words.
It was more subtle than inside information. He implied that he could actually influence the outcome and hurried me on from that point.
Mind blown.
- Bromskloss 10y agoPlease do share more if you have anything.
- cheez 10y agoIt seemed like the game is not necessarily rigged, but information is power. Regular traders are playing for table scraps compared to the really huge people who play politics, not markets. For example, http://priceonomics.com/the-trade-of-the-century-when-george-soros-broke/ http://priceonomics.com/the-trade-of-the-century-when-george... What did Soros know about what would happen and what did he actually cause to happen? The story sounds nice on the surface (I made a multi-billion dollar bet on a quote from some guy - lol), but I wouldn't be surprised if there was some back channelling going on.
- kejaed 10y agoSounds like Billions is not that far off...