Sep 24, 2013
Michael Covel talks to Peter Borish, founder, chairman, and CEO of Computer Trading Corporation. He's also a founding board member of the Robin Hood Foundation, one of the great American charities. Borish has seen much in the financial world over several decades and is a wealth of insights. Covel and Borish have a wide-ranging conversation, covering Borish's charity work, the political side of money, and the trading side. They discuss subjects such as the roots and successes of Borish's charity work; dealing with the fact that you can't help everybody; advice to future non-profit workers; the parallels between non-profits and regular businesses; where things stand today, five years after the 2008 financial crisis; if we're still in an "emergency time" today; corporate welfare vs. social welfare; the lurking black swan and possible equity bubble; discussing whether March of 2009 was like July of 1932; the impact of the internet; Borish's book recommendations and early experiences; and taking the emotions out of trading. Complimentary trend following DVD: www.trendfollowing.com/win.