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As a fund gets bigger, trading and choosing investments large enough to have an impact become more difficult.
He's covering the markets alone in London, liaising with his colleagues at the much bigger trading room in southern California.
Mr Partnoy thinks they are already predisposed to trade too much: "Making $10m profit here and there irresistibly snowballs into a bigger trading operation".
There are also big economic issues: Ireland is a bigger trading partner for Britain than the Bric countries [Brazil, Russia, India and China] combined".
They are due to begin reporting earnings this week, and the numbers are likely to leave investors as frustrated as ever, making the banks even more desperate to impose new charges on consumers' accounts and rack up bigger trading profits.
could have found itself in this anachronistic position — it is, even now, planning to build itself a bigger trading floor across the street — is an embarrassing, if familiar, irony.
Similar(49)
The chief cause of the bigger trade gap was rising prices on oil imports.
That means that bigger trades have a smaller relative cost.
France remains Germany's biggest trading partner.
Bangladesh's biggest trading partner is China.
They are our biggest trading partner.
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