Join 📚 Josh Beckman's Highlights
A batch of the best highlights from what Josh's read, .
Yes, right, if you have a foreign-exchange derivative product that carries “lucrative fees,” that *means* that the customers don’t understand it. (If they understood it, they’d demand lower fees.) If you have a product like that, you will naturally be tempted to sell it to as many customers as possible. And then every so often, something will go wrong, and you’ll have to spend a year or two resisting that temptation and having contrite no-materials meetings with the customers to make them feel better.
Money Stuff: UBS FX Trades Were Too Good
Matt Levine
Managing your references, notes, and what you’ve read is an essential part of knowledge work, but the reading (or watching, if you’re in that kind of field) and the output needs to be at the centre of whatever you’re doing.
The Promise and Distraction of Productivity and Note-Taking Systems
Baldur Bjarnason's Notes on the Web
This is why people join companies and quit managers.
Unfortunate Things About Performance Reviews
rachelbythebay.com
...catch up on these, and many more highlights
Readwise