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> if I'm right, obviously the market does not give points for effort But the market does give points for effort. How else do you explain the bonuses awarded to
by yafujifide 17y ago
> if I'm right, obviously the market does not give points for effort
But the market does give points for effort. How else do you explain the bonuses awarded to bankers who damaged the economy? They were rewarded despite their antisuccess.
- mseebach 17y agoIt's a very perverted market, where banks that would have been bankrupt if not for billions in taxpayer funds, even gets to pay their employees salary. On the other hand, bankers in the banks that actually lived through the crisis because they didn't jump on all the fancy derivatives, actually deserves a bit fat bonus.
- bdr 17y agoYou're blatantly taking that out of context. GP's idea was to "develop a profitable arbitrage trade" using one's intelligence, not to go work for a bank.