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Salomon bond traders knew about fools because that was their job. Knowing about markets is knowing about other people’s weaknesses.

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Everyone in crypto knew Zane, and everyone trusted him. He had a gunslinger’s name

You can’t have a standard attitude about money and do well in this business. What do I mean by that? Well, my father, for instance, worked for the city of Chicago for 30 years, and he once had a job shoveling coal. So, just imagine coming from his frame of reference, and thinking about losing $50 in a few seconds trading commodities. To him, that m

was surprised that the government required fund returns to be calculated to ten decimal places when we got the men on the moon with two decimal places.” Perry Kaufman in an interview by Michael Covel

The Turtles were trained this way because by 1983, Dennis knew the things that worked best were “rules”: “The majority of the other things that didn’t work were judgments.