106: Turney Duff – A Wall Street Trader’s Tale of Spectacular Excess
Chat With Traders
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The Social Aspect of Hedge Fund Management
The sell side were very keen to get your business, correct? Very. So how, how did they try and get your business? Like talk a little bit about the social aspect, the, the wine in and dining, that goes on. Right. Some of that has gone away, but a lot of it is still, still very valid and present. Okay. The idea is, you know, the sell side helps the, the buy side and the buy side pays the sell side commissions. And I am trading in commissions about 50 to $60 million a year. Every single person on the sell side wants a piece of that 50 to $ 60 million.
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