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The finance industry makes things complicated on purpose. If everyone understood how simple investing actually is, half of Wall Street would be out of a job.
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I was a bond trader on Wall Street. I saw how the financial system extracts fees from people who can't afford them.
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Wall Street is a meritocracy with sharp elbows. If you can survive that, you can survive anything.
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The bonus was in my contract. I earned it. The political optics were someone else’s problem.
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Wall Street is in the business of making money between now and next Tuesday. We're trying to build an institution that will be here 50 and 60 years from now.