Two Recession-Proof Stock Exchanges
November 19, 2008 · Print This Article
Exchanges are like casinos. In fact, they are “the house.” Think about it, at the casino, who is the guy that slides cards across the table? Got the answer? Okay. Now, who is the guy that slides stock certificates across the table? The answer to both is “the dealer.” The casino dealer and the agent of the broker dealer. Many Americans shop around for a good broker (lowest commissions, best executions, etc.) and some Americans shop casino’s for “the loosest slots,” but I’ve never met anyone tha
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