2019 has been an eventful year for me and I hope it has been for you too.
I’ve learned a great deal, made new friends and grown both in professional and personal capacities.
As the year winds to a close, here’s a list of articles that I’ve read this year and found to be insightful:
The oil whale’s illusion of control
Bob Henderson shared his experience back in 2015 in ‘What I learned from Losing $200 Million‘. This is a gripping piece from a physicist turned hotshot oil trader who learned the hard way that market movements do not always fit in as what the models of physics suggest.
Here’s an excerpt:
‘The most stressful part of my 2008 experience taught me how to guess.
The day after Lehman fell I lost $20 million, and the day after that $30 million—enough in two days to wipe out all the...