Tag Archives: Asset management

Bill Lipschutz, trading with other people’s money!

Acording to Jack Schwager, Bill’s trading at forex alone accounted for more than half a billion dollars profit for Salomon in the eight years he was there. That’s the equivalent of $250,000 profit each and every trading day for 8 years. Ok, that was at the end of the 1980’s, when Mr. Lipschutz was the head of Foreign Exchange at Salomon Brothers, but it’s surely put

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