Wednesday, November 4, 2009

Chance Favors the Prepared Mind

Just read on the FT that "Traders at Goldman made more than $100m in profits on 36 of the 65 days of the third quarter".

I guess that with less competition, those prepared for it and quick to adapt to the new times are making huge tons of money...

Posted by Pedro Saffi at 9:42 PM
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1 comment:

  1. AnonymousNovember 5, 2009 at 12:36 PM

    I believe in a market with small volume and tons of arbitrage possibilities.

    Second half of 2010 and the crisis will be history. (Un)Fortunately we have short memory.

    Janio

    ReplyDelete

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