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The Character Building Side Effect of Losing
Risk of Ruin
The Wildest Environment Ever Foreseen
The start of Jason's career coincided with the wildest environment that anyone can remember. Bear Stearns stock was trading for like $60 on one Monday in March, and then a week later, they would have been bankrupt if not for JP Morgan. The groups that were doing what we did at those banks were very, very profitable. In 2008, it was a great market for trading.
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