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Tag Archive: Traders Guns


Good Morning, am back to Mumbai after some memorable moments with my family and relatives !!  I am a big fan of Traders Guns blogand Money the book written by Satyajit Das, the definitions Knowns and Unknowns revealed by him is the classic work. Probably this is the 3rd time I have read this book during my train journey and I love reading it again and again.  The reality is always to make sure that you have a seat when the music in this game of musical chairs for high stakes stops (referring to the examples for the crisis happened in the past). As a result of it some interesting statements the management of the firms make but the intensity is something to thought about:-  Continue reading

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Why Derivatives are so Hot

Recalling a chapter from Traders Guns and money Beautiful lies on sale side how derivatives are misinterpreted or mis-sold, It’s blog simple trying to figure out the hierarchy of the trading floor. There are Sales people – they lie to clients. Traders lie to sales and to risk managers. Risk managers ? they lie to people who run the place – a small correction they think they run the place. The people who run the place lie to shareholders and regulators 🙂

Few days back I did Derivatives derivatives so many, resembles outstanding derivatives with the top 5 banks of the world, here is some basic background for my non financial market friends about derivatives.  Continue reading

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