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The saying predates that book and LTCM: As one CRT trader said: "It's like picking up dimes in front of a bulldozer. You can make a lot of money, but you have
by kgwgk 5y ago
The saying predates that book and LTCM:
As one CRT trader said: "It's like picking up dimes in front of a bulldozer. You can make a lot of money, but you have to keep your eyes on the bulldozer."
https://books.google.ch/books?id=OV07tT2nsLoC&pg=PA140&lpg=PA140&dq=%22It’s+like+picking+up+dimes+in+front+of+a+bulldozer%22&source=bl&ots=6AB_64BY6T&sig=ACfU3U0N7IBTnlOt-zNqojQEWQP45ADXtA&hl=en&sa=X&ved=2ahUKEwjCu_6hwe3xAhV8gf0HHYVPCngQ6AEwAnoECAIQAw#v=onepage&q=%22It’s%20like%20picking%20up%20dimes%20in%20front%20of%20a%20bulldozer%22&f=false https://books.google.ch/books?id=OV07tT2nsLoC&pg=PA140&lpg=P...
- bongoman37 5y agoIf you can keep your eyes on the bulldozer, it is easy to know when to jump away. A better analogy is that you are doing it blindfolded.