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by kshacker 1968 days ago
Well this has been going around on the reddits today. See for yourself: https://www.youtube.com/watch?v=gMShFx5rThI

> Says Cramer: What's important when you're in that hedgefund mode, is to not do anything remotely truthful, because the truth is so against your view, so its important to CREATE A NEW TRUTH to develop a fiction...the great thing about the market is it has absolutely nothing to do with the actual stocks

1 comments

quite a bit has changed since 2006, specifically in the financial reform bill of 2010 and the jobs act of 2012

not a lot, but a bit

circulating a clip from 2006 as your only insight into the hedge fund world just proves all the talking heads right about retail traders being a joke.

> quite a bit has changed since 2006, specifically in the financial reform bill of 2010 and the jobs act of 2012

> not a lot, but a bit

I don't know who you could persuade with such lack of conviction...

it was mainly to satisfy pedantic financial professionals passing by but I can see how that is not reconcilable for pedantic software engineers at the same time