Billionaire Quant Trader Alex Gerko Named UK’s Biggest Taxpayer

Discussion in 'Wall St. News' started by ETJ, Jan 30, 2023.

  1. 0008

    0008

    Would it be another LTCM?
     
    #11     Feb 1, 2023
  2. How is it implemented to keep the company secrets? Xtx just does market making, thus no much competition even if someone in the company leaves for himself? Market making can not be done individually.
     
    #12     Feb 1, 2023
    Nobert likes this.
  3. Nobert

    Nobert

    I had in mind, the overall situation of a wide spectrum of companies from different industries, just the concept itself.

    As a funny story, one guy that i was working with from the past, got into jail, south america. Learned how to curve wooden penguins. Went free. Started his own bis, selling wooden penguins, hirring people etc.

    First two guys that he hired left & started their own wooden penguin shop. (Smiles)

    Based on true events.
     
    #13     Feb 1, 2023
  4. 2rosy

    2rosy

    the infrastructure is a huge part. There are some firms that are top % and you never hear of anyone going out on their own.
     
    #14     Feb 1, 2023
  5. how can they do that to retain employee? Some employee may have to relocate due to family reason.
     
    #15     Feb 1, 2023
  6. 2rosy

    2rosy

    I don't understand your question. How can the employer do what? If an employee may have to relocate due to family reason, the employee quits, does a long commute, or remote.
     
    #16     Feb 1, 2023
  7. I mean if someone leaves the company, how can the firm keep employee mouth shut?
     
    #17     Feb 1, 2023
  8. 2rosy

    2rosy

    employees sign non-competes that last from 6 months to a couple years. During the non-compete period you're paid
     
    #18     Feb 1, 2023
    murray t turtle likes this.
  9. %%
    THAT depends party on character since much business info is not given away;
    + many will not hesitate to sue .
    Of course with the crook character of S Bankman Fried \prison payday, not that anyone with common sense would want that:caution::caution: So much money was @ stake.
     
    #19     Feb 2, 2023
  10. 777

    777

    Warren does believe, as does Bill Gates, that the wealthiest do not pay enough in taxes and he proposed his taxation remedy that is often referred to as The Buffett

    However Warren is not in favor of a wealthy tax.
     
    #20     Feb 4, 2023
    murray t turtle likes this.