Booooooooorrrrriing — 9 weeks ago
I picked it up based on the ga-ga reviews most of my friends gave it. Didn’t like it one bit. Monotonous and very similar to bond-trading!
I picked it up based on the ga-ga reviews most of my friends gave it. Didn’t like it one bit. Monotonous and very similar to bond-trading!
The more I learn about financial workings, the more I understand how people feel about money. (p.239)
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I decided, in the end, I had been taken for a ride, a view I still think is strictly correct. I wasn’t sure how many millions of dollars I had made for Salomon Brothers, but by any fair measure I deserved much more than ninety thousand dollars. By the standards of our monopoly money business, ninety grand was like being on welfare. I felt cheated, genuinely indignant. How else could I feel? I looked around me and saw people getting much more when they hadn’t generated a penny of the revenues themselves.
“You don’t get rich in this business,” said Alexander when I complained privately to him, “you only attain new levels of relative poverty.”
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