Adding Zeros

The lessons from a low-profile second-generation stockbroker who adds zeros after his clients’ wealth, not put them through a zero-sum game

I am amazed when people get excited that a big institutional investor is buying some stock in a big way. I have seen it in bond markets too. The dealer will come in and say, ‘Citi is buying’, implying that if Citi is a buyer, there has to be something...

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