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A rogue trader who lost £350 million explains why he became so addicted to risk-taking
Business Insider UK spoke with Alexis Stenfors, author of “Barometer of Fear: An Insider’s Account of Rouge Trading and the Greatest Banking Scandal in History”, who explained why risk-taking can become so addictive.
He said: “How can risk taking become addictive? Take a skydiver. why would you go up in a plane, and then decide to jump from the plane? Trading has a similar kind of feeling – the more risk you take, you get that sort of feeling of a buzz, an element of being outside of the normal life. And that in itself has nothing to do with money.”
“The same way as you want to become a better skydiver and want to go higher and higher up, the same goes with trading. You want to be able to cope with a lot more risk. More risk you can cope with, the bigger risk you can take.”
Produced by David Ibekwe. Filmed by Leon Siciliano
Read more stories on Business Insider, Malaysian edition of the world’s fastest-growing business and technology news website.
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Thus Article A rogue trader who lost £350 million explains why he became so addicted to risk-taking
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