However, the focus is not on art design, but on the layout of the concept: ubiquitous foreign exchange information and trading.
In fact, Lipschutz studied architecture before entering the foreign exchange industry. The opportunity to start trading was that his deceased grandmother left him a stock of $12,000 worth of stock. At that time, he sold these stocks, but the losses were heavy, and he understood the importance of risk control. Later, he spent more and more time on the stock market.
Lipshutz said that he is not interested in construction projects, but is too interested in various transactions. He graduated from Cornell University with two degrees: one in architecture and one in MBA. Finally, it was accepted by Salomon Brothers, which is unknown to Wall Street.
3.
Although Lipschutz's character is low-key and cautious, he is often quick, accurate, and embarrassed when making deals. Even if the decision is wrong, you can understand it quickly and quickly. When Lipschutz was interviewed by the author of "New Financial Geek", he said that forex trading is the first to rely on intuition, and the second is the most important: network and well-informed.
Forex trading relies on a variety of relationships, discovering potential futures types, and using a variety of information. For example, you call the bank and tell the bank that you have to do 10 million mark transactions, not to report the name. The staff who answer the phone are likely to be indifferent. And if you establish a good relationship in advance, you can get a quick response by calling and reporting your name.
Well-informed not only needs people, but also needs to keep an eye on various sources, such as Reuters terminals. Lipschutz was the first person at Salomon Brothers to install a telex machine at home. The colleague of the company who heard the news ridiculed him: "You installed a monitor in your own home? Do you have any problems with your brain? Have you not left your job? If you don't do this, what are you installing? "
Usually, Lipushutz responds calmly. "Forex trading is a 24-hour non-stop market. When you get off work at 5 o'clock in the afternoon, the transaction does not stop. The transaction is carried out overnight, and the market has been in the market. change."
Look, everyone is drunk, I am alone, and I am talking about this boy.
4.
24 hours without stopping, this is the design concept of Lipschutz apartment. Whether at the company or at home, the Forex Master seems to be trading for a living. Many people should be confused, his wife would not fall out with him? In fact, his wife is also a financial high school graduate from a prestigious school, and may be more crazy than him.
In addition to being everywhere at home, always looking at information, staring at the market and making deals, he will not give up on trading when he goes on vacation. Once, he went to Sardinia for a holiday in Italy. It was September 1985. Seven developed countries held summits to determine the policy of weakening the dollar. He didn't know anything about the news during the vacation.
It was not until he called the company that he learned the news. At that time, his assistant Andy was sick at home. He hurriedly called Andy. When the New Zealand market (the earliest opening every day) opened, Andy would throw in $60 million. This is not a small amount for the New Zealand plate.Â
