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Anecdote from the trading floor.

I used to sit on a trading desk, the kind with loads of guys sitting next to each other and about 8 screens each. Lots of noise, except when it got quiet. When it did get quiet, someone would shout down the squawk box that they had "heard from the stable boys" about some horse that was on form.

You couldn't not bet on this horse. Everyone did it, and everyone got fleeced, every time.

One day, my boss decides he's had enough of this crap, and he goes "no, I ain't doing it, I lose my lunch money every fkn time, screw this".

Horse comes in at 30-1, everyone is paying him a visit asking about what champagne to buy that day.



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