If you can always buy or sell a certain security at a fixed price before others do, you can always make money. The problem is that it is not the right thing to do.
Flash Boys: A Wall Street Revolt [Kindle Edition] by Michael Lewis
Friday, March 25, 2016
Why I Left Goldman Sachs: A Wall Street Story by Greg Smith
Greg loved Goldman Sachs, and he left the company because of the love. His description about the quant meltdown in August, 2007 was accurate and well explained.
Why I Left Goldman Sachs: A Wall Street Story by Greg Smith
Please also see his original article on March 14, 2012, on the New York Times.
"It astounds me how little senior management gets a basic truth: If clients don’t trust you they will eventually stop doing business with you. It doesn’t matter how smart you are."
Why I Am Leaving Goldman Sachs By GREG SMITH
Why I Left Goldman Sachs: A Wall Street Story by Greg Smith
Please also see his original article on March 14, 2012, on the New York Times.
"It astounds me how little senior management gets a basic truth: If clients don’t trust you they will eventually stop doing business with you. It doesn’t matter how smart you are."
Why I Am Leaving Goldman Sachs By GREG SMITH
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