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The Ups and Downs of a Supertrader

theguardian.com

2 points by fuidani a year ago · 2 comments

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big-green-man a year ago

Not much substance in the interview, I'd like to actually understand his reasoning. He's right about the simple concept, if nobody buys the bonds, the government eventually defaults. And if the borrower of last resort, the central bank, buys them up, inflation.

And hes right about the concept that a trader bets on their own worldview. They learn quickly if they're right or wrong about their understanding of the world, they learn it in a very personal way, they don't eat if they don't understand the world pretty well.

I don't dismiss what hes saying, I just want the meat and potatoes.

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