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RWH017: Fidelity Legend Joel Tillinghast
We Study Billionaires - The Investor’s Podcast Network
The Value Line
Bob Greene worked as a financial futures research analyst at Drexel Burnham Lambert. He made an early bet using futures on margin, on interest rates back in about 1983. The problem was you had to put up the variance margin. So if the price went down by $3,000, you had to cough up the loss or lose your deposit and get sold out of the position. If it's all mad money, it'd say, push a winning bet as far as you can go.
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