A Culture of Risk

The odd thing about this article (PDF) describing Wall Street’s culture of risk? Why don’t the banks and other players have a plan to make money when shit hits the fan? Why is the unexpected viewed as something to manage and limit as opposed to being a great opportunity (trend following view)?

You might like my 2017 epic release: Trend Following: How to Make a Fortune in Bull, Bear and Black Swan Markets (Fifth Edition). Revised and extended with twice as much content.