Didier Sornette - Trade Quotes

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Indeed, the financial world is such that any insight is almost immediately used to trade for a profit.

Didier Sornette

By one estimate, 90% of international transactions were accounted for by trade before 1970, and only 10% by capital flows. Today, despite a vast increase in global trade, that ratio has been reversed, with 90% of transactions accounted for by financial flows not directly related to trade in goods and services.

Didier Sornette