by Edwin Lefèvre, April 1901
https://convex-strategies.com/2025/04/15/risk-update-march-2025-moral-hazard/
fascinating I was "room trader" for 30 years.
Love this and the 1929 piece.
My dad had a great book from the 1960s
Sorry - forgot to add the title - Where are the Customer's Yachts by Fred Schwed
20th Century Foxes minding the henhouse :) Great Piece Rudy !
One of the poetic Dylan's could have written this:
"Little by little, the vendors of securities and insecurities of all kinds coax and cajole outsiders to come into the market."
History is indeed one of the best teachers.
https://www.nypl.org/events/exhibitions/galleries/introduction-picturing-worlds-first-bubble-economy/outro
https://www.nypl.org/events/exhibitions/galleries/lady-credit-fickle-goddess
Ecclesiastes was an optimist :) trend follower and keen observer of times and seasons :)
https://www.nypl.org/events/exhibitions/galleries/staging-folly/item/11039
https://convex-strategies.com/2025/04/15/risk-update-march-2025-moral-hazard/
fascinating I was "room trader" for 30 years.
Love this and the 1929 piece.
My dad had a great book from the 1960s
Sorry - forgot to add the title - Where are the Customer's Yachts by Fred Schwed
20th Century Foxes minding the henhouse :) Great Piece Rudy !
One of the poetic Dylan's could have written this:
"Little by little, the vendors of securities and insecurities of all kinds coax and cajole outsiders to come into the market."
History is indeed one of the best teachers.
https://www.nypl.org/events/exhibitions/galleries/introduction-picturing-worlds-first-bubble-economy/outro
https://www.nypl.org/events/exhibitions/galleries/lady-credit-fickle-goddess
Ecclesiastes was an optimist :) trend follower and keen observer of times and seasons :)
https://www.nypl.org/events/exhibitions/galleries/staging-folly/item/11039