The Trader 

Vexed about the Vix

The Trader

How many more times will we be forced to hear platitudes and meaningless mantras about markets? That they hate uncertainty; this creates volatility; sharp moves are not good for investors; that we need a level playing field. Stop, think. Uncertainty is one of life’s perennials. I don’t know if I’ll be run over by a bus as I leave the office. No volatility means a lack of opportunity in business, career prospects and life. As James Goldsmith famously said, "when you marry your mistress you create a vacancy". As for the playing field, as a trader I believe I have an edge just as stockpickers believe they have one too.

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