RE: Budget and EV sales29 Nov 2025 07:58
Your clients, whoever they were although I doubt they existed, didn’t have the heart to tell you that you didn’t know about TERPS, or even know the difference between rights issues and placings, let alone have any idea what market cap is. Still, 25 years flogging shares and not even a desk head - because I’m sure if you were you would have mentioned it by now - if that’s true, which i stress is highly unlikely, you must have been rubbish.
Is bucket shop a phrase you’ve heard on the tele? The long only fund I started at got bought by Aberdeen a few years after I left and moved onto more interesting markets.