He spent 21 years as an options trader, made a fortune betting on the crashes that destroyed everyone else
then wrote the book that predicted the 2008 financial crisis before it happened
when he was a rookie on the trading floor, a veteran grabbed him and said:
"you see that guy? he made $7 million in 7 years and lost it all in 7 seconds okay kid, now you can go"
"one day of your life as a trader will represent 98% of your total variation and it is not predictable"
"banks make, make, make small, everybody thinks you're smart then you lose everything and it was 'a bad environment' banks lost in 2008 more than the entire history of banking, and of course they kept their bonuses"
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