October 28th, 2006

efficientfrontier

[reading,quote,finance] Читая Дермана

О, ща я тоже кое-кого чуть-чуть дружески обосру. 

Fixed-income trading requires a better grasp of technology and quantitative methods than equities trading. A trader friend of mine summed it up succinctly when, after I commented to him that the fixed-income traders I knew seemed smarter that the equity traders, he replied that “that's because there's no competitive edge to being smart in the equities business.”

Нам, кондукторам трамваев, то есть, сантехникам тоже можно иногда постебаться кое над кем.