(Un)Calculated Risk | by Peter Orr of Intuitive Analytics

The REAL Challenge for Investment Banks, Part II…

Posted by Peter Orr on Feb 16, 2009

"Finally, the business model of the investment banks is almost certainly going to change. Over the last 20 years, investment banking went from primarily an advisory business to being mostly a business where firms traded their own accounts – so-called proprietary trading."

Read More

The REAL Challenge for Investment Banks: Part 1

Posted by Peter Orr on Feb 08, 2009

"Number 10: Never give up on an idea simply because it is bad and doesn't work. Cling to it even when it is hopeless. Anyone can cut and run, but it takes a very special person to stay with something that is truly stupid and harmful…"

Read More