Do You Think the Market Is Rigged?

I just started reading Flash Boys: A Wall Street Revolt and I'm not the least bit surprised that I love it so far. Michael Lewis is out promoting the book, naturally, and he...

New WSO Blogging Internship!

We are looking for several talented student writers / young professionals to contribute posts to WSO with the goal of raising the level of quality of content in our forums and...

Uncle Eddie's Guide to Rum

I've been meaning to do this for some time now and, with the holiday party/gift giving season right around the corner, I figured now was as good a time as any. Those of you who...

Great Article on Day Trading

I think every one of us at one time or another has at least thought about walking away and day trading our own account. Most of us never do it (I did it for about 6 months and...

How WSO has enhanced my IB/PE career

Background

I randomly discovered WSO nearly seven years ago just weeks after I secured a FT MM IB position. The website was extremely nascent at the time with only a few...

Ray Dalio Teaches Econ 101

This is really excellent. Imagine having Bridgewater 's Ray Dalio as your Econ 101 professor. Then imagine that the class was only 30 minutes long. I can't for the life of me...

How Would You Spend a Year Off?

Have you ever thought about taking a year off? I'm not talking about a gap year or a year between graduating college and starting work - because in this economy you probably...

Stop reading the news thoughtlessly and develop a macro framework.

When I joined the industry, fresh analysts like myself would flit through the morning newspaper like a drowning man who clutches one spar after another for support. Our...

Character: A valuable trait developed through adversity.

There was a time when the term character was used to describe the quality of an individual. People of character were individuals who made good choices in spite of difficult situations. They chose to meet the challenges when they were tested by adversity. As a result of their actions and the depth of their character, these individuals were held in high regard, trusted and relied upon.

Character was a trait of very high value.

Today, the word and concept of character is largely absent from the measurement of a person. Emphasis seems increasingly focused, if not completely, on what one has, or appears to have, rather than the caliber of person that one is.

While tangible things can be repeatedly won and lost, character is who you are, and what you believe.

Drunk Broker Causes "Major Geopolitical Event" in Oil

Every once in a while I come across a story that just writes itself. I went out with a pal on Friday night and got tore up from the floor up after a couple months of pseudo-...

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