The concept of a chop or bucket shop is nothing really new, nor were they restricted to the US. Jessie Livermore makes reference to them at the early part of the 20th century and when I first started in broking there were still some futures and OTC option bucket shops still operating. I dont know…
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I was preparing a piece for the Australian Investors Association when I came across this quote. The story telling mind is allergic to uncertainty, randomness, and coincidence. It is addicted to meaning. If the storytelling mind cannot find meaningful patterns in the world, it will try to impose them. In short, the storytelling mind is…
Detailsby lisamahapatra. Explore more infographics like this one on the web’s largest information design community – Visually.
A floor trading is either being pranked or is making an extremely insightful comment on the reporter.
Wall Street relies on “stock analysts.” These are people who do research on companies and then, no matter what they find, even if the company has burned to the ground, enthusiastically recommend that investors buy the stock. They are just a bunch of cockeyed optimists, those stock analysts. When the Titanic was in its death…
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