045: Jack Litle – Global Macro Trading, the Nature of Probability, and When to Place ‘Big Bets’
Chat With Traders
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The Unconventional Macroeconomic Perspective
Peter Brandt who just on a side note is a legendary trader and also believe he's a good friend of yours was featured on this podcast for episode 36 if anyone wants to check that out. He described you as having an unconventional macroeconomic perspective. Could you speak a little bit more on this subject especially if someone is maybe completely unfamiliar with the whole idea of macroeconomic perspective like what are some of the things you take into consideration when analyzing the market from a 10,000 foot view? Sure so the metaphor I like best I forget where it came from but there's a great metaphor is if you think of the markets like a mountain like a giant mountain like Mount Everest or something and bottom
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