Former Goldman Trader Deeb Salem: $8M Isn’t Enough

Bloomberg’s Michael Moore discusses Deeb Salem, a former Goldman Sachs trader who said his bonus was unfairly docked because of a written warning he received about his 2007 self-evaluation. He speaks on Bloomberg Television’s “Market Makers.” (Source: Bloomberg)

One important aspect that comes to mind from watching this is about the ego. If you are finding success in what you do but you have no concept of your own ego and how it is driving your decisions then it can quickly snowball out of control to a point where your ego has completely taken over and is running you. An important aspect for traders to understand is how the ego is driving their trading results both positively and negatively.

What are your thoughts on this? Let us know in the comments below.

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