C Ruiz wrote:
With respect to hedge funds, I don't know how much you actually know about the way they operate but, just in case, they do not demand social skills since they are basically impersonal, computer program run quantitative prescriptions for automatic trading.
I know a fair amount about hedge funds, and this is wrong. Some operate on a purely automatic basis like this, but lots are run by human beings who like to place large bets. A *lot* of trading is about psyching out the guy on the other side of the trade, or reading market sentiment, or luring other participants into taking your side of a trade. Markets are very social institutions. Doug
