106: Turney Duff – A Wall Street Trader’s Tale of Spectacular Excess
Chat With Traders
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The Mechanics of Buy Side and Sell Side
"I made a ton of money. I had two or three other buy ciders who now wanted to help me because they made a shitload of money on the trade," he says. "A guy on the sell side thinks I made him look like a hero because he was ahead of the street on the call." 'If you're sitting there and you're underwear, trading your, you know, each rate account, you're considered the buy side,' hedge-fund manager adds. "'It has nothing to do with buying' - that's just how it works in Wall Street,'" she writes. ''You can't get rich by selling stocks; you have to be good at what you
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