Help me clarify
Hi everyone,
I'm still not sure if I get the difference in lifestyle between fixed income and equities. The way I understand it, fixed income used to be the more prestigious thing, right? But now with the sub-prime crisis, it seems that equities would be a better choice, ceteris paribus? All those CDOs fall under fixed income right?
So everyone always tells me how different the lifestyle of a fixed income and equities traders is, and that you should know in which of the two you would like to work, because they're vastly different. So what exactly are those differences? Thanks a lot in advance.
"I'm still not sure if I get the difference in lifestyle between fixed income and equities. The way I understand it, fixed income used to be the more prestigious thing, right? But now with the sub-prime crisis, it seems that equities would be a better choice, ceteris paribus? All those CDOs fall under fixed income right?"
lifestyle and "prestige" are not the same. CDOs are part of fixed income. Nice use of ceteris paribus, but i'd disagree.
Well, actually let's forget about prestige and talk about the different lifestyles in fixed income vs. equities? How are the lifestyles different?
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