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The Ups and Downs of a Supertrader

2 pointsby fuidani4 months ago

1 comment

big-green-man4 months ago
Not much substance in the interview, I&#x27;d like to actually understand his reasoning. He&#x27;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.<p>And hes right about the concept that a trader bets on their own worldview. They learn quickly if they&#x27;re right or wrong about their understanding of the world, they learn it in a very personal way, they don&#x27;t eat if they don&#x27;t understand the world pretty well.<p>I don&#x27;t dismiss what hes saying, I just want the meat and potatoes.