Will Algorithms Replace Human Traders? | Peter Tuchman, The Einstein of Wall Street

70-90% of daily stock market volume is now algorithmic. Peter Tuchman explains why the New York Stock Exchange remains the last human market. In this talk, NYSE floor broker Peter Tuchman, known as the Einstein of Wall Street, explains how a trade moved in 1985, from a wall of 100 telephones to open outcry to ticker tape. He describes what he still reads in order flow at the opening and closing bells and why he will not let a robot take control of his money. Peter also explains how he won the corridor outside the NYSE boardroom for the Big Board Art Hall, a gallery of money-themed pop art that every opening bell guest walks through. He compares the 2008 financial crisis with the COVID crash, when he says the Federal Reserve put $3 trillion into the market in three months, and argues that every sell-off he has traded was a better buying opportunity than a selling one. The Einstein of Wall Street also talks about: - Black Monday 1987, the dot-com bust, 2008, and COVID - The 1,366 seats that gave traders access to the NYSE floor - A 1978 record store with an espresso bar and art gallery - Working the door at Studio 54 - Growing up as the son of Holocaust survivors If you're interested in the New York Stock Exchange, Wall Street, algorithmic trading, stock market crashes, art collecting, or Peter Tuchman, this episode is for you.  **🎙 Host:** Tsvetta Kaleynska — Consumer Data & Social Listening Expert Peter Tuchman -- NYSE Floor Broker, "Einstein of Wall Street" 📡 **About The Money Signal:** **From Main Street to Wall Street** — founders, CEOs, investors, and Wall Street veterans on money, business, and what success actually costs. Produced by GLORION MEDIA 🔗 Follow & Listen: 🌐 Website: moneysignalpodcast.com 📸 Instagram: @moneysignal.podcast 🎧 Spotify: The Money Signal: From Main Street to Wall Street   **Disclaimer** The content presented on The Money Signal: From Main Street to Wall Street is for informational and entertainment purposes only and does not constitute financial, investment, legal, tax, or other professional advice. The views expressed by hosts and guests are their own and do not necessarily reflect the views of GLORION Media or its affiliates. Any discussion of companies, securities, markets, or investment strategies is intended solely as commentary and should not be interpreted as a recommendation to buy, sell, or hold any financial instrument.  Listeners and viewers should conduct their own research and consult with qualified financial or professional advisers before making any investment or business decisions. Past performance is not indicative of future results. GLORION Media, its hosts, producers, and affiliates may have business relationships with companies discuss...