Former Goldman Prop Traders Can’t Survive in the Wild.

Turns out Goldman traders are not at all what they’re hyped out to be, once they are deprived of their Goldman platform. Many went and started their own hedge funds and failed. One guy even managed to lose 7%. 7%! In this market! I guess he was long gold. How else one loses money in this market.

I’m almost disappointed. It’s as if Dr. Evil from bond movies turned out to be just an old grandpa with a cat – no handlers, no masterplan, no secret weapon. Once stripped of their magic lever that Goldman provided them they can’t walk on their own.

T’fy, blya! Such a major disappointment.

 

Goldman Strikes Again

Remember how in 2010-2011 commodities’ prices went up and many (namely inflation hawks) thought that finally, finally (!) inflation is here? Turns out it was just Goldman.