That prescient title is a quotation from a presentation given by Professor Dave Cliff of the University of Bristol at the Innovation and Algorithmic Trading conference hosted by LMAX at University College London at the end of February. I was sat at the front throughout Dave's talk, and I found myself laughing frequently. Perhaps for that very reason any shots of the back of my head have been left on the cutting room floor in the videos that have just been made available on the LMAX Trader community website. Here's Dave's extremely interesting and even more amusing presentation from that event on the subject of "Robot traders and evolving markets":
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I took part in a discussion over at the Forex Magnates site, where some traders expressed the view that "Greed is Good" and "There is nothing wrong with greed. Greed means you want things". I disagree. I don't think it's that simple. I think that greed at the corporate level is not good, and that greed at a personal level is not good, especially if you're a trader. I'm not the only one.
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