January 2005
Beginner
400 pages
10h 18m
English
Foreword
The book you are about to read is filled with a ton of information on the world of Money Markets. It will give you all the technical knowledge you will need. There is another aspect to this business and perhaps to all careers, that should be mentioned and has personally affected me – attitude and luck.
Attitude is something that can separate good from great. Usually, given 2 people with the same technical skills, and educational background, attitude can and will make the difference.
I have often thought of the money market world as a place where many people start a career in the financial arena. Very quickly one finds out in this arena – a traditional high volume and low margin business – that hustle, stamina and a willingness to work in a team-oriented atmosphere are a must. It is also imperative that you realize that you are part of something bigger, much bigger in the financial world. But, you have to be willing to pay the price and the price is high. You always need to go the extra mile. To be willing to work and keep on working even when things are tough. Let’s face it, a bear market, a repo squeeze, or a credit crunch can take their toll. A good example of this is what happened on Sept 11, 2001. Financial markets were in disarray and the short end of the market needed to play its part to keep the liquid short-dated markets flowing. The job was done with excellence. I was never so proud to be a part of this business as I was during this particular time. Watching ...
