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Jared Dillian: All Things Writing, Creative Process, and Craft

Value Hive Podcast

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How to Become a Big Risk Ticker

When I was doing index arbitrage, basically I would only take risk for a period of a second or two. So it was actually kind of perfectly suited for me. The prop book was kind of interesting. You know, Lehman was a place where you didn't have to ask permission to do things. You could just do them. And I got used to taking risk and then I started a prop book where, you know, I was just trading enormous size of stuff. Like for example, I did a yield curve steepener where I had 200 million worth of tens and a billion worth of twos - nobody told me to do that. This is, like this is, this is

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