Join 📚 Josh Beckman's Highlights
A batch of the best highlights from what Josh's read, .
A product is useless without a platform, or more precisely and accurately, a platform-less product will always be replaced by an equivalent platform-ized product.
Stevey's Google Platforms Rant · GitHub
Gist
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
Greatness is for someone else. You don’t get to experience your own greatness. And if you do…maybe you’re not that great.
The Impossible World of Daniel Arnold -- Walkie Talkie Episode 39
Paulie B
...catch up on these, and many more highlights
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