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165: Michael Samuels – Speculating on Mergers—and a Case of “Excessive” Due Diligence

Chat With Traders

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The Importance of Researching Every Day

"I got sick of making TV money. So I was, you know, and also just doing the research, I had really gotten that stock bug back," he says. "It's very easy to make a broad call and say, oh, I like the fertilizer sector ... but then when you actually sit down at your trading desk and you have to do it on a daily basis, it's really different." He adds: "When you're surrounded by all these traders,. you know, they probably had 200 guys, you learn what strategies are going to suit you, what strategies are not going to suits you"

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