Life in the Pits: My Time as a Trader on the Rough-and-Tumble Exchange Floors by Brad Schaeffer

This week’s book was written by our IPO-VID 131 guest, polyglot commodities trader, musician, author & widely read columnist, Brad Schaeffer:

“Life in the Pits: My Time as a Trader on the Rough-and-Tumble Exchange Floors” recalls those last, most glorious days when red-faced alphas in colorful jackets performed thousands of transactions per hour, even as computerized trading heralded the floors’ ultimate demise. Schaeffer recalls the uneasy camaraderie of working right next to fierce competitors, the sheer intensity of dealing in stacks of money changing hands with a simple scream or hand signal, and the hijinks, excesses, and collection of characters as colorful as the jackets they wore, giving the reader an intimate look into what life was like down in the financial mosh pits.

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