In this video from MarketsWiki Education’s World of Opportunity event in Chicago, Rich Mackey, managing director at Prime Trading, LLC, reminisces about his time as a caddie and how it prepared him for a career in finance. Mackey caddied in the Western Open as a high schooler for Jim Colbert, a PGA legend, which helped him realize the difference between being good and great is the amount of hustle you put in every day. Mackey stresses the importance of a great reputation because early in his career it served as the collateral that secured him a $10,000 loan from his mentor Bill Hagerty.
“You can’t tell Derrick Rose or LeBron James he’s not allowed to fake out an opponent.”
Ben Van Vliet, Assistant Professor and Associate Director at the Illinois Institute of Technology, discusses the nature of competition in the financial industry and the impact of deception in the markets.