Quotes 1 till 6 of 6.
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If the government decides to put your life under a microscope, do you think it won't find something? I suspect there's not an adult in the country who would walk away totally unscathed if every aspect of his or her life were investigated the way Stewart's ImClone trading was.
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If you want to understand financial markets, and their effects on the economy, you have to understand the trading game. Many short-term price movements are neither random nor caused by economic fundamentals. They're caused by investors buying and selling.
Source: The Poker Face of Wall Street (2006) Ch. 1 -
Is education possibly a process of trading awareness for things of lesser worth? The goose who trades his is soon a pile of feathers.
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Our reason for withdrawal is simple. We are party to too many regional trading organisations. The sum effect of this means that our membership is extremely costly to sustain and we must rationalise our participation in such ventures.
Source: Reason for withdrawal from COMESA, September 1999 -
The trading characteristics of a security become more important than its underlying economics. The virtual economics began to drive the physical economy rather than the other way around.
Source: The Poker Face of Wall Street (2006) Ch. 3 -
When we had the 'flash crash' in 2010, where the price of some stocks briefly fell to zero, high-frequency trading played a big role in that event.
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