Alex Kuznetsov — об авторе

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At the end of the day, there are only a few distinct ways to make money in the securities business: (1) investment banking fees, (2) asset management fees, (3) brokerage commissions and exchange fees for executing other people’s trades (and for trade facilitation services such as securities lending and financing), (4)…

... the people around you, who often critically depend on your ability to do your job, assume that you know certain basic things about what is going on, while in fact you have no idea of those basic things until they literally hit you in the face.