The Economic And Philosophical Quandary Of Trump’s Chaos Traders
Is this an efficient allocation of capital?
Long ago, I had this friend, his name was Jerry. He was from Chicago, and he had a friend who had a seat on the Chicago Mercantile Exchange (CME). He told me this story about his friend, we can call him Mark. Mark would go to the exchange, sit there for a couple of hours, and make one trade. And in one trade, he’d make $200,000. Just like that. For him, that was a days’ work.