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Non-Tech : Meet Gene, a NASDAQ Market Maker
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To: LPS5 who wrote (787)8/25/2000 8:21:15 PM
From: Phil(bullrider)  Read Replies (2) of 1426
 
LPS5,

I've heard of some really unique risk management and modeling programs, but an actual insurance policy? Interesting. I don't know much about the insurance business, but I have to believe that there's a reason why this hasn't been done yet.

I am not in the insurance business either, but I can easily understand why an insurance company would not insure one against her/his own ignorance, or impulses.

Can you only imagine what it would cost to insure one from trading losses?

LOL

Have fun,
Phil
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