Greed escalation happens to yourself and your friendly kind broker who is the party to help you to make more money in the stock market. When client goes bankrupt; blame who? Pity who?
How did this pile of trading records happen?
Of course; it takes two hands to clap! Escalation of Greed from his broker and himself!
1. His Buy limit : $20K --> $50K --> $100K --> $200K
2. His Payment due : T+3 --> T+5 (His friendly and kind broker is enabling him to make money from contra trading)
3. Commission : 0.275% --> 0.22% (His broker has voluntarily lower his trading overheads)
Jamie Dimon has a new vision for money in an AI world
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JPMORGAN chief executive officer Jamie Dimon makes no secret that his firm
is all-in on artificial intelligence. Now, the head of the world’s biggest
bank ...
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