Traders vs. Risk Managers
Posted 02-13-2009 at 10:08 AM by Cableboy
Five Traders and Five Risk Managers are traveling to go to a conference. Each Risk Manager goes to the machine to buy a ticket each,whilst the five Traders only buy 1 between the five of them.
Just before the ticket inspector arrives the five Traders lockthemselves in the bathroom...when the inspector sees the locked door heknocks and shouts "tickets please!"...at that point the Trader with the ticket slips it under the door. The inspector, satisfied that he has seen the ticket moves on...
The Risk Managers are really angry!On the way back the five Risk Managers buy only one ticket, whilst the Traders buy none.
As they board the train the Risk Managers immediately lock themselves in the bathroom.Seeing this happen the Trader runs up to the door, knocks and shouts "Tickets please!"...at which moment the Risk Managers slip the ticket under the door.
The Trader takes the ticket and goes off...
The Moral of the story: Risk Managers always try to apply the Trader's methods without ever understanding them...
Just before the ticket inspector arrives the five Traders lockthemselves in the bathroom...when the inspector sees the locked door heknocks and shouts "tickets please!"...at that point the Trader with the ticket slips it under the door. The inspector, satisfied that he has seen the ticket moves on...
The Risk Managers are really angry!On the way back the five Risk Managers buy only one ticket, whilst the Traders buy none.
As they board the train the Risk Managers immediately lock themselves in the bathroom.Seeing this happen the Trader runs up to the door, knocks and shouts "Tickets please!"...at which moment the Risk Managers slip the ticket under the door.
The Trader takes the ticket and goes off...
The Moral of the story: Risk Managers always try to apply the Trader's methods without ever understanding them...
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