Who is Alessio Rastani? This is the clip of the trader who made headlines last fall as he scared sense into BBC viewers, and the interviewer, by merely being candid. Arguably we should be able to expect candor from professional financial advisers, but a trader who admittedly is in the game to make money? Why should he bother? Yet, much of what he says echoes Michael Maloney’s key messages: You can’t expect the government to “fix it.” Educate yourself about what is coming, so that you can both protect your wealth and profit.
The Sydney Morning Herald writes that Rastani studied law at the University of Wales before going to work for a financial institution he would not name, then going into trading for himself.
“What I would say, is if you are sitting around waiting for the government to sort out this financial mess - be prepared to wait a long time,” Rastani says. “During that time, there will be people like me, in the trading business who are going to make a killing in this climate. If you don't get yourself educated, and learn how to make money in this market, then you could be left with nothing.” (more)
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