15min chapter

On The Tape cover image

The Thrill is Gone and a Conversation with Ed Yardeni

On The Tape

CHAPTER

The Disastrous Outcomes of Good Intentions

The chapter explores the negative consequences that have arisen from well-meaning actions in history, highlighting the roles of Chairman Greenspan and Ben Bernanke. It questions the handling of a massive proprietary trade by Bernanke and critiques his advisory position following his departure. Additionally, the chapter emphasizes the importance of timely exits in trading and reflects on the challenges faced in managing prop trades.

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