Viewing the blog section [ 1 to 20 of 547 ]
the countdown has begun.
ahead of the timeshttp://wolfganglehrner.com/aheadofthetimes/aheadofthetimes_digital_A.html
Million Dollar Traders
on iplayer, not only to just reinforce the fact that city traders can be tossers.
Its a simple concept, 1 investor gives eight people 1 million dollars to invest operating as a
hedge fund. The timing of the series, by chance, coincides with the 'credit crunch',
as the 8 try their hands trading for 2 months.
Rather than jsut being some Sir Alan infested retake of the apprentice the selection of
participants and the moral dilemmas encountered make this intriguing viewing.
The participants choice of investment become extensions of their personality, one an
ex soldier predictably invests in arms, whilst one woman who enjoys saving can't even handle taking the risk of placing a trade.
Another, a computer programmer, struggles to come to terms with the organic
nature of the financial markets, expecting investments to react in a static input output sense.
Throughout the mini series there are questionable decisions justified with equally
questionable reasoning, “It’s a bad world” and “If I don’t someone else will”
Its odd how abstracted this whole thing is, people staring at screens watching numbers go up and down, numbers which are all interrelated and interlinked in a massive global system reactive to everything that is going on in the world. When walking away from your desk to get some cake looses you £5,000.
“its like playing chess….with the world”