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Politics : Formerly About Applied Materials

AMAT 249.89

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Nov 26 3:59 PM EST

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To: Jacob Snyder who wrote (25301)	10/15/1998 10:32:00 AM
From: Berk	Read Replies (1) of 70976

Jacob, regarding point 2): they didn't get the Nobel prize for market trading, though! A really great book that touches on that subject is Market Wizards by Schwager. It references Commodities Corp. which was set up to employ Phd's to trade the market since their credentials in economics, etc.should give them the edge to succeed. Paul Samuelson and others of similar repute were on the board of CC as well as the screening committee to choose traders. The result? Nearly went out of business until they hired an experienced commodities trader.

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