The Fuses Had Been Lit

Wall Street, With Its Army Of Brokers, Analysts, And Advisers Funneling Trillions Of Dollars Into Mutual Funds, Hedge Funds, And Private Equity Funds, Is An Elaborate Fraud.

Managers Tend To Pick A Strategy That Is The Least Likely To Fail, Rather Then To Pick A Strategy That Is Most Efficient," Said Palmer. " The Pain Of Looking Bad Is Worse Than The Gain Of Making The Best Move.

When The Last History Of High-frequency Trading Is Written, Hunsader, Like Joe Saluzzi And Sal Arnuk Of Themis Trading, Deserves A Prominent Place In It.

The Longer-term The Option, The Sillier The Results Generated By The Black-scholes Option Pricing Model, And The Greater The Opportunity For People Who Didn't Use It.

He Was Ignorant, But A Lot Of People Mistook Ignorance For Stupidity, And Knowingness For Intelligence.