Saturday, March 26, 2011

Money Wisdom #008

Michael has just done his first trade which has caused his customer to lose $65K.

"And you want to know how I felt? I should have felt guilty, of course but guilt was not the first identifiable sensation to emerge from my exploding brain. Relief was. I had told him the news. He was shouting and moaning. And that was it. That was all he could do. Shout and moan. That was the beauty of being a middleman, which I did not appreciate until that moment. The customer suffered. I didn't."

Michael Lewis Liar's Poker (1989) p.199

No comments:

Post a Comment