Why Not Trading Can Be A Great Strategy
On What'd You Miss This Week, Joe Weisenthal, Scarlet Fu and Julia Chatterley spoke with Peter Borish, Quad Group Chief Strategist, about the current state of play in the markets. Peter shared why the one constant in his line of work is worry and why sometimes investors should do less. He said not trading can be a really great strategy.
Jason Robins, the CEO of DraftKings, also joined, to discuss the potential $150 billion market for sports betting after the Supreme Court's decision to strike down the 1992 federal statute, freeing individual states to authorize gambling on sporting events. Jason described the future market that will be everywhere from the racetrack to smartphones and what the tax landscape could look like.
©2018 Bloomberg L.P.