Re:Why do traders in investment banks feel their jobs are im...
by lordnacho on Monday January 02, 2017 @05:07PM
(#13304967)
I highly doubt that it is as technical as you seem to make it.
GS is very well connected, and they are constantly out there asking people for their opinions. Ten years ago they probably had some sort of database where people could share experiences, and that is most likely what led to them guessing the financial crash.
But it's not like they had some machine that one day told them to short mortgages.
Re:Why do traders in investment banks feel their jobs are im...
by bhewes on Sunday January 08, 2017 @01:19PM
(#13351081)
I checked you bio are developing your own HFT strats? I ask because I am connected with a couple startup HFs. Ping me on Symphony {Brian Hewes} if your up for chatting about it.
GS is very well connected, and they are constantly out there asking people for their opinions. Ten years ago they probably had some sort of database where people could share experiences, and that is most likely what led to them guessing the financial crash.
But it's not like they had some machine that one day told them to short mortgages.