(public).sospep.subjects ~ view article ~ the-secret-of-billions

<h1 style="text-align: center;">The Secret of Billions</h1>
<h2>[WHAT]</h2>
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<li>] by James Altucher @medium.com - Altucher share some thoughts on Wall St, his experiences there and the television portrayal of it in the new TV series Billions. Also an ELI5 guide to some common wall st terminology</li>
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<h2>[WHY]</h2>
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<li>]&nbsp;</li>
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<h2>[WHERE]</h2>
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<li><strong>] READ THE FULL ARTICLE</strong></li>
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<li>] <a href="https://medium.com/@jaltucher/the-secret-of-billions-4a42b256eb7#.1b5xc3lr0" target="_blank">The Secret of Billions</a><span class="sitebit comhead"> (medium.com)&nbsp; , </span></li>
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<h2>[WHEN]</h2>
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<li>] 2016-07-07</li>
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<h2>[EXAMPLE]</h2>
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<li>] Wall Street is crooked. This is not really a surprise to anyone. I lived on the street. And I worked on the street. Wall Street starts at broadway and continues down to Water Street. Along the way, it gets crooked. Right around Broad Street it starts to curve. If you are standing at one end of Wall Street and try to look at the other end, you won&rsquo;t see it.</li>
<li>] &ldquo;BILLIONS&rdquo; the show on Showtime is the first show that I think accurately describes what is going on on this tiny street. Hedge fund manager VS&nbsp;US attorney general</li>
<li>] Unlike mutual funds, hedge funds are fairly unregulated. Which means&hellip;bad stuff can happen. Like a Bernie Madoff who steals billions.One time I tried to get Bernie Madoff to invest money in my fund. His response, &ldquo;We have no idea where you put your money and the last thing we need is to see &lsquo;Bernard Madoff Securities&rsquo; on the front page of the Wall St. Journal.&rdquo;</li>
<li>]</li>
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<h2>[HOW-TO]</h2>
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<li>]</li>
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<h2>[REFERENCE]</h2>
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<li>] SRC=hn(199)/<a href="https://news.ycombinator.com/item?id=11754689" target="_blank">comments</a>(111)&nbsp;</li>
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<h1 style="text-align: center;">&nbsp;</h1>

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