3min chapter

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#56: Joseph Wang On How The Fed Forever Altered The Investing Landscape

Superinvestors and the Art of Worldly Wisdom

CHAPTER

The Open Markets Desk at the New York Fed

I was hired into the money markets desk of the New York Fed. I think they were looking for someone who was interested in the subject and who had good quantitative skills. If you're at the Fed on the trading desk there, you have access to tremendous amounts of confidential data. So you're kind of like the eyes and ears of the FOMC. And that's not something that people do a lot, but it's also something that I think adds tremendous value.

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