Wall Street makes it official: stock trading IS gambling

PokerFatCat“If you have no interest [in playing poker], that’s almost a red flag… It’s almost the equivalent of not reading the Wall Street Journal.” So says a Wall Street fatcat, explaining why he’s willing to hire traders who have neither a business degree nor any finance training, but who know their way around the poker table. Also important? The ability to bounce back from big losses, and whether or not you can eat a banana split in less than a minute. (You have to read the article to understand that last one.) Read more.