Flood explains why finance is like a giant poker game “There's money in the middle. Everybody contributes money by buying equities, by buying stocks, by buying assets and then you try and take more money than you put in out” “Imagine there's a pile of money and we're all sitting around a table and suddenly everyone starts rapidly grabbing all of the dollars off of it. It's going to be much harder for you to grab your initial balance” “This is how liquidity and markets function. When people know that you're a seller or they know that you're really concentrated, it's really easy to figure out what your positioning is and for people to really press the market down on you”
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