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04-01-2014, 12:41 AM | |
Veteran
Join Date: May 2003
Location: Tucson AZ
Casino cash: $6115200
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The Wolf Hunters of Wall St. (Must read if you have stocks)
http://www.nytimes.com/2014/04/06/ma...ael-lewis.html
Moneyball writer Michael Lewis shows how Wall St. is a rigged game in favor of High Frequency Traders (HFTs). This is a must read if you want to know what's happening to your money on the stock market. I know it's long. But it's VERY MUCH WORTH IT. |
Posts: 4,161
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04-01-2014, 07:59 AM | #2 |
On the inside
Join Date: Oct 2009
Location: San Antonio, TX
Casino cash: $10008880
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"The point is, ladies and gentlemen, that greed - for lack of a better word - is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms - greed for life, for money, for love, knowledge - has marked the upward surge of mankind."
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Posts: 3,080
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04-01-2014, 08:00 AM | #3 |
Beloved & Awesome CP Celebrity
Join Date: Aug 2000
Location: Florida
Casino cash: $6714952
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Limit order.
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Posts: 35,696
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04-01-2014, 08:05 AM | #4 |
Mahomes Fanboi
Join Date: Apr 2004
Casino cash: $2824969
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I watched the movie "Boiler Room" in high school and figured out that investing in Wall Street stocks was nothing I want to be involved with in any form.
I do not regret it at all. |
Posts: 19,484
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04-01-2014, 08:11 AM | #5 |
Beloved & Awesome CP Celebrity
Join Date: Aug 2000
Location: Florida
Casino cash: $6714952
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Posts: 35,696
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04-01-2014, 08:15 AM | #6 |
Mahomes Fanboi
Join Date: Apr 2004
Casino cash: $2824969
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Posts: 19,484
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04-01-2014, 08:19 AM | #7 |
Banned
Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $10049239
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Posts: 24,946
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04-01-2014, 08:20 AM | #8 |
Banned
Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $10049239
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Posts: 24,946
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04-01-2014, 08:22 AM | #9 |
Mahomes Fanboi
Join Date: Apr 2004
Casino cash: $2824969
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Posts: 19,484
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04-01-2014, 08:23 AM | #10 | |
Beloved & Awesome CP Celebrity
Join Date: Aug 2000
Location: Florida
Casino cash: $6714952
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Quote:
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Posts: 35,696
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04-01-2014, 08:27 AM | #11 | |
Banned
Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $10049239
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Quote:
Holding cash does nothing for you. |
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Posts: 24,946
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04-01-2014, 08:28 AM | #12 |
Superbowl MVP
Join Date: Oct 2005
Location: OOOOOOOOOOOOOLATHE
Casino cash: $9910252
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I read the whole article and I must say its an Amazing story.
I am really Impressed that in such a world the little guy can make a difference. I'll be honest I was kind of inspired |
Posts: 11,177
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04-01-2014, 08:31 AM | #13 | |
Mahomes Fanboi
Join Date: Apr 2004
Casino cash: $2824969
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Quote:
But anyway, I'm bowing out of this conversation, as I am not educated enough to be relevant here.... Just wanted to mention that movie scared me away from Wall Street. |
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Posts: 19,484
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04-01-2014, 08:32 AM | #14 |
www.nfl-forecast.com
Join Date: Sep 2000
Casino cash: $2231769
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The story was on 60 minutes on Sunday. Very interesting.
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Posts: 45,543
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04-01-2014, 09:15 AM | #15 |
Ultrabanned
Join Date: Oct 2007
Location: KCMO
Casino cash: $1789356
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Posts: 40,522
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