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Topic: Business
Number of pages / Number of words: 5 / 1325
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Basically, I had no real grasp of trading principles; I was doing everything wrong. Then in 1971 while at my broker's office, I met one of the people to whom I attribute my success."

So that means that everyone who starts the trading (even who are successful) they need some help from the experienced people and very wide research on the market analysis...


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In his interview, he talks about SUBJRCT INTREST RATE THEORY and he said, "I fell love with the yield curve." The yield curve is the relationship between the yield on government securities and their time to maturity. For example, if each successively long-term maturity provided a higher yield than a short-term maturity for example five-year T-notes at a higher yield than one year T-bills?the yield curve would reflect a continually rising slope on a graph...


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