We should probably stop trading derivatives, anything more complex than regular options ... I am an options trader, and I don't understand options. How do you want a regulator to understand them?
Private equity has absolutely no reason to exist. The private equity holder has all the upside and the banks all the downside.
Never ask a trader if he is profitable: you can easily see it in his gesture and gait.
I want them poor and they deserve to be poor. You can't have capitalism without punishment.
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