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?
I want them poor and they deserve to be poor. You can't have capitalism without punishment.
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.
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