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▲ bostonwalker 14 days ago

Source on his backstory being made up?

▲blitzar 14 days ago | parent [-]

https://www.ft.com/content/7e8b47b3-7931-4354-9e8a-47d75d057...

▲James_K 14 days ago | parent [-]

He has addressed this numerous times. His statement was that he was Citi Bank's best trader in 2011, which is true. The dispute is an attempt to discredit him by suggesting that him not being the best trader in other years debunks his 2011 figure.

▲sofixa 14 days ago | parent | next [-]

> His statement was that he was Citi Bank's best trader in 2011, which is true

Is it? Nothing in the FT articles indicates that, and they clearly state that 2 years prior a trader got a $100 million personal bonus (so on profits much higher than that). There can be good and bad years, but I seriously doubt $35 million would be the best worldwide, and all of his colleagues who agreed to speak seem to agree with that.

▲blitzar 14 days ago | parent | prev | next [-]

> I was the best f*king trader in the f*king world and I am the bloke that called it right every f*king year

He possibly had the highest p&l on his desk ($35mil) in 2011 - was not top in 2011 in the bank, and certainly not in the world. $35mil - rookie numbers in this game, and in a seat at Citibank, middling at best.

▲gghhzzgghhzz 14 days ago | parent | next [-]

I admit there's something that doesn't add up.

I listened to him being asked a question on UK / US trade and his answer was very generic - something something Amazon.

To be a forex trader, you would live and breathe detail on stuff like this. To be in the top 1% of forex traders you would be far beyond that.

yes he isn't in that position now, but I expected some novel insight that you could only get from a specialist, not something that anyone could come up with.

This isn't the only example.

I don't disagree with most of what he is saying, and I'm very happy for him that he has managed to break through in a small way to get his message out.

but still something iffy.

▲ 14 days ago | parent | prev [-]
[deleted]
▲brailsafe 14 days ago | parent | prev [-]

I don't really think that matters at all, it's just an old tenuous bragging point, he's just a guy with a tough looking face and maybe has an elementary understanding of economics that relies less on being accurate and more on the viewer agreeing with him about why everything feels broken. (not that everything isn't broken, or that those reasons aren't ever accurate, but it's just a classic grifter move to pull on the thread of truth till it unravels, like asmongold)

Crashcourse economics likely provides much more value to anyone really looking to learn.