Things Your Stockbroker Will Never Tell You
Channel: Sam Vaknin's Musings
Date: 2011-07-20

The securities industry worldwide is constructed upon the quicksand of self-delusion and socially-acceptable confabulations. These serve to hold together players and agents (investors, brokers, and fund managers) whose interests are both disparate and diametrically opposed. In the long run, the securities markets are zero-sum games and the only possible outcome is win-lose: they win, you lose.