Never Underestimate Volatility and Wealth Correlation

Discussion in 'Wall St. News' started by wrbtrader, May 1, 2020.

  1. wrbtrader

    wrbtrader

    Goldman Sachs traders made more than $100 million on 14 separate days amid the first quarter's fierce volatility @ https://markets.businessinsider.com...st-quarter-volatility-gains-2020-5-1029155649

    Billionaire Bill Ackman explains how he pulled off a deal described as 'the single best trade of all time' @ https://markets.businessinsider.com...ingle-best-all-time-podcast-2020-5-1029155100

    America's billionaires added $282 billion to their total wealth in 23 days during the coronavirus crisis, a report claims @ https://markets.businessinsider.com...ealth-grew-despite-covid-19-2020-5-1029154677

    wrbtrader
     
    AKUMATOTENSHI, Nobert and Atikon like this.
  2. It's a good thing when people make money ...as long as they aren't breaking the law or gaining special privlege from the gov
     
    Fx-Game, jys78 and wrbtrader like this.
  3. Atikon

    Atikon

    Credit to Ackman for realizing the Bottom was in as one of the first guys, Goldman came out as Bulls 2 weeks later IIRC
     

  4. This proves this business is recession proof
     
    wrbtrader likes this.
  5. wrbtrader

    wrbtrader

    Except for those that are new to the business and have yet to figure things out.

    wrbtrader
     
  6. thats jn any business any ways they got to figure it out