We feel that, especially in the current context, this quote deserves to stand alone in today’s post:
“I now understand why Druckenmiller could have made so much money in these times. A risk seeking mentality in an incredibly liquid leveraged area. I get it. I get that now. And if I had to do my career differently, I would have been trained about rates on the sell side early in my career so I could have made this part of it.”- John Burbank
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