It wasn't all Facebook, Facebook, Facebook this week, although you could be excused for thinking that this was all anyone was talking about. Along with a badly bungled IPO, we found scintillating quotes about insider trading, quants vs. humans and a passionate defense of private equity from an unlikely source in a presidential election year. Enjoy AT's Top Quotes of the week -- and remember to have some fun this Memorial Day Weekend.
May 25, 2012
6. Power to the People
The reason I did quant [trading] is that I didn't trust human judgment, including my own. Relating the data to the [trading] outcomes made a lot of sense, but now that's a tough, tough game, with too many people and too much access to the data.
— Former Goldman executive Robert C. Jones
Source: Wall Street Journal
