I always preferred to do my own research, make my own mistakes and ignore the advice of the experts and the famous. If they put it out in public, it’s not worth anything. Goldman Sachs is famous for trading against their clients.
As for crypto gurus, it’s actually funny. The “experts” have no experience in any financial arena, but believe they know all there is to know to get the “Lambos” when it comes to cryptos.
RE: Easy Targets: How Retail Traders Are Coerced by Gurus
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Easy Targets: How Retail Traders Are Coerced by Gurus
And PS - you're doing the right thing - I always tell people looking for strategies: look for the stuff that doesn't seem "easy". Reputable research. Numbers. Scholarly papers. You will get more out of a 20pp paper published from MIT vs 200 hours spent on youtube.
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It depends. Goldman is largely a market maker - they get called out on things like this because their research division says one thing while their investment div. does another. Two separate units. I think you are referring to prop trading pre-2015. And that is the issue with a lot of larger institutions - they have too many business units that pose conflicts of interest. It was the primary motive for killing prop trading with the Volcker rule - all that remains today is delta one and similar strategies, which basically just captures a spread. They get around the rule by maintaining "relatively" neutral books.
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