We No Longer Are Living In A World Of Cooperation

By Eric Peters, CIO of One River Asset Management

When I first arrived in Chicago, and headed to the commodity pits, I learned that in the futures markets, for every winner there was a loser. I loved that. It felt like the natural way of things, like a sports game, which is how I viewed trading. In some ways, I still do. But as the decades passed, and I learned more about how the world works, economics, politics, business, life, I came to see the path to real prosperity involved collaborations, win-win configurations. It’s kind of obvious, and like so many things, I was a late learner. But at least I figured it out.