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Just Shoot Me

Bala, 28, Gordon Gekko in the making, pseudo-intellectual, cynic, bibliophile, obsessive compulsive ranter...

The objective is to make money

March 20, 2007

Dear s/w-engineer-turned-part-time-traders,

It might be true that you are a brilliant, Einstein-level-IQ stud who can solve non-linear dynamic equations in your head. It might also be true that you have "cracked" the secret of the stock market. But remember - the reason you are in the equity business is to make money. This is not a chess match (or a boxing match) where you are out to beat an opponent. You are here to make the dabbu. At the end of the year, if you dont have the numbers in the black, your genius level IQ or jerk level attitude doesnt matter. Got it?. And don't bug me with shit about how hedge funds do fabulous machine trading. It didn't work for these guys. And they were Nobel Economic prize winners. And you are just a code jock sitting in a cubicle in bangalore writing mildly interesting code. If you leave me alone now,i promise to lend my shoulder later to you to cry upon when you lose your shirt in the market.

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posted by Bala, 6:48 PM

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