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Matt Levine wrote about this is Money Stuff a few days ago (https://archive.is/Kgeee https://archive.is/Kgeee section "The Harvard of trading") In summary: "Bu
by WorkerBee28474 2y ago
Matt Levine wrote about this is Money Stuff a few days ago (https://archive.is/Kgeee https://archive.is/Kgeee section "The Harvard of trading")
In summary: "But at the meta level, [the IM Academy story] provides a helpful lesson in adverse selection. The thing that IM Academy teaches, if you are paying attention, is “if they know so much about how to make money in financial markets, why would they teach me how to do it for just $250 a month?”"