Wirehouse investment managers have conflicts with both employees and clients in their revenue generating models. In short, they take an in-proportionate amount of revenues from both employees and client returns. How Morgan Stanley, UBS, Wells [...]
Yes and no. Historically, stock markets correct after each bullish run. But, the timing of this is unpredictable and certain runs and declines can last much longer than anticipated. So, guessing the timing is a [...]
The S&T Industry has been on the decline due to automation of trading. HEADLINE: “US BANKS LAY OFF 80% OF SALES & TRADING STAFF” That’s something we won’t hear anytime soon. As unlikely as [...]
We’re kicking off the recurring market updates post. We'll post market updates as conditions change; so even if it's a few months old, the most recent update should reflect current market conditions (barring some statistical [...]
They could be a great place to learn for a young professional, but might not provide any transferable skills. If one learns how to make money, rather than trade, it could be the start of [...]
7 Habits of Highly Effective People – Stephen R. Covey
How to Win Friends and Influence People – Dale Carnegie
How to Get Rich – Felix Dennis
The 4-Hour Workweek – Timothy Ferriss
Choose Yourself – James Altucher
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