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Wall Street Oasis » Blogs » Edmundo Braverman's blog
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For One Day Longer
 

Edmundo Braverman's picture
Edmundo Braverman
      ST
 
 
(Human, 14,368
 
Points)
 on 9/8/12 at 7:30am
UA 175 Tower 2.jpeg

Andy note: "Best of Eddie" - This one is originally from September 2011 . If there's an old post from Eddie you'd like to see up again shoot me a message.

I'm going to keep this short because I have no doubt that you'll be inundated with 9/11 remembrances all weekend. To say it changed all of our lives would be a gross understatement. The tragedy taught me a valuable lesson, though, and maybe it'll mean something to you as well.

I was living on the West Coast ten years ago, and my clock radio woke me up on the morning of 9/11. The normally goofy morning show guys were talking a mile a minute and I heard that a plane had just hit the World Trade Center. They were saying it was probably a private plane and that there was no word on injuries or deaths yet. So I rolled over and turned on CNN. A couple minutes later I watched in horror as United 75 slammed into Tower 2. At first I thought it was a replay of the first crash. Then I realized the other tower was already burning and I'd just witnessed the worst terrorist attack in American history.

My first thought was for my boys at the NYBOT in building 4. They all made it out. The Cantor Fitzgerald crew wasn't so lucky. Almost 700 of them died that day, more than half the company.

I was at a point in my life where I was just coasting. I was 32 years old, I owned a company that bored me to tears, and lying next to me in bed was a woman I didn't love. The only passion in my life was a novel I'd just written that I was set to pitch to agents at a literary festival in New Orleans a couple weeks later.

I tore myself away from the TV after a couple hours and made my way to my office. My secretary was a mess, so I sent her home. And I sat there alone in my office and thought about what my life had become.

A business I hated.

A loveless marriage.

My only coping mechanism the bottle I crawled inside each night.

And I asked myself, "Is this what you want to be doing when some crazy asshole flies a plane into your building? Is this where you wanna be?"

Then I finally asked myself the real question:

"If you're not doing what you love enough to do it for the rest of your life, why the hell would you do it for one day longer?"

"You know you're not gonna be married to her for the rest of your life. Why are you wasting her time and yours? Why would you do it for one day longer?"

And the more I thought about it, the more I realized I didn't have an answer. There was no reason to do any of it for one day longer.

A couple weeks later I left my wife. I know that sounds harsh, but it was the best thing for both of us. With the exception of a couple of paintings and an '82 Dom Perignon Cuvée Rosé that had sentimental value to me, I gave her everything we had just to cushion the blow.

Over the next month I shut down my company. This was easier than it sounds, thanks to the recent repeal of Glass-Steagall. I was in the insurance business at the time and my largest carrier (who held roughly 85% of my business - another lesson learned the hard way) got burned trying to get into the mortgage racket and had to pull out of my state anyway. Rather than double down on a business I couldn't stand, I walked away.

Over the many times I'd visited New Orleans, I fell in love with the place. So I decided that would be home. I didn't know anyone there. I didn't have a job there. I didn't even have a place to live. But I threw what would fit in the back of my truck and a U-Haul trailer and just figured I'd make it work. My best friend was equally disillusioned with his life, so he decided to join me.

The rest, as they say, is history.

My point in all this is that crazy, sometimes evil, shit happens all the time. You never know if you're gonna get hit by a bus tomorrow, or some dickhead's gonna blow you up for something you had nothing to do with. You can't control that stuff.

What you can control is how you live your life. Please, guys, please don't waste it doing something you hate. I understand that you sometimes have to do something you hate for awhile in order to achieve something you're passionate about. That's another thing entirely, and sacrifice is a big part of success. But to just find yourself in a rut and do nothing about it is unacceptable.

If you're not doing something you love enough to do it the rest of your life, why would you do it for one day longer? Please don't waste your life. Every man dies. Not every man lives. Take risks. Love recklessly. The folks who went to work in those towers that morning 10 years ago would tell you the same thing.

In a New York minute everything can change.

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Tags:
  • 9/11

Comments

MissingNo.'s picture

You're making me reconsider

MissingNo.
      CO
 
(Senior Baboon, 216
 
Points)
 on 9/9/11 at 7:00am

You're making me reconsider this bowl of ramen I'm eating on hour three of my friday morning in the office at less than half the pay of most first year monkeys on here.

Goddamnit.

Still not sure if I want to spend the next 30+ years grinding away in corporate finance and the WSO dream chase or look to have enough passive income to live simply and work minimally.

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In The Flesh's picture

Eddie, this deserves a spot

In The Flesh
      HF
 
 
(Neanderthal, 2,811
 
Points)
 on 9/9/11 at 8:11am

Eddie, this deserves a spot in the top five posts you've ever written. Thank you and keep on rolling!

Head of Metal Website: www.headofmetal.com

https://twitter.com/headofmetal2012

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Rhino85's picture

Good to head into this

Rhino85
      PE
 
(Monkey, 65
 
Points)
 on 9/9/11 at 8:37am

Good to head into this weekend on a life-affirming note. Thanks

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tupsi22's picture

>>And I asked myself, "Is

tupsi22
     
 
(Monkey, 63
 
Points)
 on 9/9/11 at 9:28am

>>And I asked myself, "Is this what you want to be doing when some crazy asshole flies a plane into your building? Is this where you wanna be?"<<

Beautifully said. I thought the same thing as I watched those towers collapse 10 yrs ago. We had to evacuate our bldg because we were right next to the Empire State Building and everyone thought that would be next. What you wrote really hit home because it was at that moment a switch flipped in my brain and I realized "None of this f-ing matters. All that matters is friends and family and love. Money.does.not.matter." And it changed me for the better.

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Ben Shalom Bernanke's picture

Awesome post Eddie, makes one

Ben Shalom Bernanke
      AM
 
 
(King Kong, 1,423
 
Points)
 on 9/9/11 at 9:32am

Awesome post Eddie, makes one reflect. +1

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16rl's picture

Great post. I'm glad you are

16rl
     
 
(Senior Orangutan, 427
 
Points)
 on 9/9/11 at 9:50am

Great post. I'm glad you are sharing your life experiences with us, such posts will be useful later in life.

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aspiringconsultant's picture

inspiring.

aspiringconsultant
      CO
 
(Senior Monkey, 73
 
Points)
 on 9/9/11 at 9:51am

inspiring.

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manbearpig's picture

Great post.

manbearpig
      CO
 
 
(Neanderthal, 3,029
 
Points)
 on 9/9/11 at 10:03am

Great post.

-MBP

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wallstdj's picture

Thank you for this post.

wallstdj
      IB
 
(Baboon, 150
 
Points)
 on 9/9/11 at 9:54am

Thank you for this post.

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Upload Avatar

Awesome post. Thanks!

MTrader (not verified)
     
 
(Chimp, 0
 
Points)
 on 9/9/11 at 9:58am

Awesome post. Thanks!

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Banker88's picture

manbearpig wrote: The

Banker88
      IB
 
 
(King Kong, 1,650
 
Points)
 on 9/9/11 at 10:05am
manbearpig:

The greatest tragedy about 9/11 is that it was the catalyst for all of the devastation the US caused in the middle east.

Good post Eddie. Sucks that you have to witness or experience a near-death experience in order to appreciate life a bit more every now and then. Happened to me one morning walking to school when I almost got hit by a cab.

But the greatest tragedy is that our own government, at the very least, let this attack happen. Don't mean to start a 9/11 conspiracy argument here though.

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karypto's picture

Well written.

karypto
      EN
 
 
(Senior Gorilla, 852
 
Points)
 on 9/9/11 at 10:24am

Well written.

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B-Rock89's picture

Amen brother.

B-Rock89
      ST
 
(Senior Chimp, 29
 
Points)
 on 9/9/11 at 10:44am

Amen brother.

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manbearpig's picture

Banker88 wrote: manbearpig

manbearpig
      CO
 
 
(Neanderthal, 3,029
 
Points)
 on 9/9/11 at 10:49am
Banker88:
manbearpig:

The greatest tragedy about 9/11 is that it was the catalyst for all of the devastation the US caused in the middle east.

Good post Eddie. Sucks that you have to witness or experience a near-death experience in order to appreciate life a bit more every now and then. Happened to me one morning walking to school when I almost got hit by a cab.

But the greatest tragedy is that our own government, at the very least, let this attack happen. Don't mean to start a 9/11 conspiracy argument here though.

I initially wrote that comment thinking the post was about something else. I changed it when I read the rest of the post. I stand by my comment, but I think it's not appropriate for this thread.

-MBP

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koske's picture

Well written. +1 Sometimes

koske
      ST
 
(Senior Monkey, 97
 
Points)
 on 9/9/11 at 10:53am

Well written. +1

Sometimes you have to endure a near death experience to realize what is of value to you. To re-evaluate your priorities, make a plan, and move forward.

Interesting post, to say the least.

- Cheers

- Only time will tell....

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tyrets's picture

I watched everything that

tyrets
      ST
 
(Senior Baboon, 190
 
Points)
 on 9/9/11 at 10:59am
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EMoney0525's picture

Awesome post!

EMoney0525
      ST
 
(Chimp, 1
 
Points)
 on 9/9/11 at 11:38am
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txjustin's picture

Absolutely excellent post!

txjustin
      O
 
(Neanderthal, 2,447
 
Points)
 on 9/9/11 at 12:10pm
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juniormistmaker's picture

Fantastic post. Thanks for

juniormistmaker
      IB
 
(Baboon, 131
 
Points)
 on 9/9/11 at 12:46pm
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ST Monkey's picture

Great post and I too share a

ST Monkey
      ST
 
 
(Orangutan, 314
 
Points)
 on 9/9/11 at 1:36pm
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TheWizeNut's picture

MissingNo. wrote: You're

TheWizeNut
      CO
 
(Monkey, 41
 
Points)
 on 9/10/11 at 11:30am
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happypantsmcgee's picture

It just made me want to kill

happypantsmcgee
      O
 
 
(Almost Human, 9,621
 
Points)
 on 9/10/11 at 2:32pm

If I had asked people what they wanted, they would have said faster horses - Henry Ford

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Walkerr's picture

Excellent post. Makes you

Walkerr
      IB
 
(Gorilla, 570
 
Points)
 on 9/11/11 at 7:11am
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TooFad's picture

so, the plane flied into

TooFad
     
 
(Chimp, 5
 
Points)
 on 9/8/12 at 8:47am
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mapr89's picture

Best post I've ever read

mapr89
      PE
 
 
(Baboon, 102
 
Points)
 on 9/8/12 at 8:59am
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cakepie's picture

well written.

cakepie
      CF
 
(Orangutan, 300
 
Points)
 on 9/8/12 at 2:22pm
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kyleyboy's picture

God dammit that was a fucking

kyleyboy
      HF
 
(Gorilla, 741
 
Points)
 on 9/8/12 at 4:07pm

I help people with the tough situation of not knowing how to respond to emails.

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fearless's picture

I was in the 6th grade when

fearless
      O
 
(Senior Monkey, 98
 
Points)
 on 9/8/12 at 7:28pm
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SirTradesaLot's picture

It kind of blows my mind that

SirTradesaLot
     
 
 
(Senior Neanderthal, 4,514
 
Points)
 on 9/8/12 at 7:44pm

Turbo leverage for capital explosion -- BD Capital

My WSO Blog

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Interest.ed's picture

That day changed a lot of

Interest.ed
     
 
(Senior Chimp, 26
 
Points)
 on 9/9/12 at 3:08am
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In The Flesh's picture

Just as illuminating as when

In The Flesh
      HF
 
 
(Neanderthal, 2,811
 
Points)
 on 9/9/12 at 1:20pm

Head of Metal Website: www.headofmetal.com

https://twitter.com/headofmetal2012

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Cicero's picture

I'm reading this as I center

Cicero
      IB
 
(Baboon, 106
 
Points)
 on 9/11/12 at 6:52pm
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Our staff, contractors, Internet service providers and others involved in this site follow this policy or similarly strict policies regarding your Information.

Disclosure

The Company is committed to fully disclosing our policies regarding the collection, use, maintenance, disclosure and security of personal information obtained from users of our site. The term "personal information" includes a name, address, email address, or any other information which could be used to contact you directly or to identify you personally.

Use and Disclosure Limitations

The Company only uses personal information about its Web site users for specific purposes. We do not share user information with third parties except when we have told users about the disclosures, when we have prior consent, or when required by law.

Use Policy: When the Company gathers personal information from users, we ask for permission first. We also disclose, at the time of collection, how the information will be used by us. Personal information is used for activities such as auto-completion of commonly-used forms and helping us contact you when you solicit information from us.

Disclosure Policy: We do not normally disclose personal information to anyone outside of the Company unless we have previously informed users about the disclosures. However, some data may be used from time to time by outside contractors, including auditors or consultants, to assist us in carrying out necessary financial or operational activities. These uses will be consistent with this privacy policy and all contractors using this potential personal information must agree to safeguard it, to use it only for the authorized purpose, and to return it or destroy it upon completion of the activity.

The Company might be required to disclose personal information in response to a valid legal process such as a subpoena, search warrant or court order.

Although unlikely, it is possible that we may have to make certain disclosures to ensure the security of our Web site, to protect its integrity, or to take precautions against potential liability. In any of these situations, we will take any reasonable steps to limit the scope of the data disclosed.

Web Logs: The Company maintains standard Web logs that record basic information about visitors to our Web site. These logs contain: * The Internet domain from which you came to our Web site. * Your IP address. An IP address is a series of numbers which uniquely identifies your connection to the Internet. Although it is possible in some instances, certain types of IP addresses may be used by interested persons to identify users but we do not attempt to identify users in this way. * The type of browser (e.g., Internet Explorer or Netscape) and operating system (e.g., Windows 98) you use. * The date and time you visited the site, and the pages you saw.

We use Web log information to design our Web site, identify popular features, and in similar ways. We do not try to identify individuals from Web logs or to link Web logs to other user information. However, if someone tries to damage our Web site or use it in an unauthorized or illegal way, we may share Web log information with law enforcement agencies. The Company may provide aggregate information such as the number of users who visit particular pages of the site, or the number of people who link to certain external sites from our site, to other parties.

Changes to Privacy Policy

The Company's features and services will change over time and our information-gathering practices and policies may also change.

While our philosophy of protecting user information from inappropriate uses and disclosures will not change, this policy will be updated occasionally to include any change that materially affects the collection, maintenance, use, or disclosure of personal information.

Forum Topics

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  • does anybody have a shipping model or any idea where i can get info on how these companies are...
    shipping
  • I was wondering how computer-savvy ( leaving aside Excel/PowerPoint skills) you need to be to do well in consulting? Assuming you have an assignment where you need to help a company improve its IT Strategy, are you screwed if you dont know how to code or if you havent taken ANY CS classes in...
    Computer Skills
  • Incoming SA at a BB. Just wondering, does it typically go straight into the 80-100 hours or gradually pick up (maybe a week or so)? Obviously training aside, but once you're actually working....
    How Quick Does It Pick Up?
  • So I stared looking for an internship in late April (I know). The first interview that I got was with Wolters Kluwer for an internal controls internship. They offered me the internship at the end of the interview. I had no other offers on the table, it was mid-May, and they're paying me, so I...
    Wolters Kluwer Internship
  • Hi, I am currently a junior in college and I am interested in pursing a career in management consulting or investment banking. Which internship seems more beneficial in terms of my desired career path: 1) Operations Internship at a Fortune 500 biotech company vs. 2) Commercial banking...
    Operations Internship vs Commercial Banking Internship
  • I'm curious to as what websites / free sources are available to stay up to date on the oil and gas industry. I have a subscription to WSJ and try to read their Energy column daily, but was wondering what everyone else uses. ...
    Oil & Gas News Outlets
  • Hi everyone I was wondering the other day if I ever make it to the S&T division of a BB, how's the chance I get transferred to the US (preferably to NYC), without having a green card and stuff? Is it done through some sponsorship...
    Transferring from London to NYC
  • Hi, does anyone know what exit opps exist for secondary advisory (think blackstone's secondary advisory etc) analysts and any intel on the comp would be...
    Secondary advisory
  • I have a modeling test for a IB analyst position at a boutique bank. I don't really have any modeling experience besides what I learned in school. Is there something I should focus on to prepare for this exercise? Any advice would be appreciated....
    modeling test
  • Does a first year analyst's compensation really put them in the lower-middle class? More specifically, how comfortably can a first year IBD analyst in New York on a 70k base + 20-40k bonus live? If not as flashy as is portrayed in movies (forgive me), then why do so many people want to break...
    Another compensation question
  • Is it appropriate to wear black dress shirt for a business casual environment? If not, what colors are considered ok?...
    Black Shirts
  • <a href="http://dealbreaker.com/2013/05/wouldnt-it-be-nice-for-once-in-your-life-to-get-there-ahead-of-the-major-institutions-id-like-you-to-start-a-relationship-with-firm-and-buy-shares-or-stock/">Dealbreaker</a> wrote (off Buzzfeed) today on some stockbrokers power phrases....
    “This account will come back to you in spades”
  • Background: Semi-target finance major, 3.2 gpa (terrible freshman/sophomore, excellent junior/senior years), previous IB internship at boutique I just graduated and I was unable to leverage my IB internship into a FT offer at a big bank. No return offer either because the bank I interned at...
    Need some advice - take anything?
  • <em>Mod note: Best of Bankerella - this was originally posted 10/1/12</em> I occasionally get PMed by people at colleges I’ve never heard of before, asking if they have a shot at IBD. Folks, why IBD? The finance world is broad and varied, and there are a million ways to make...
    My Biggest Career Mistake to Date: Prestige
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Highest Ranked Content

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This is the reaction any analyst who has ever worked in banking has when you say you want to leave banking for business school then come back as a post b school associate... <img src="http://epicpinterestfail.com/wp-content/uploads/2012/11/how-i-met-your-mother-barney-why.gif"...
Why You DON'T Leave Banking for B School Just to Come Right Back...
Inspired by comments from this: http://www.wallstreetoasis.com/forums/basic-guide-ramping-up-on-a-company-with-public-information-part-1-of-3 Lets just jump in. <strong>Technology:</strong> In this space there are really two metrics that matter the most, sales growth and EPS...
Beginners Guide to Valuation and Metrics By Sector
I'm currently a Private Equity Analyst in Shanghai, China. Academically, I graduated from a target school majoring in Economics and Chinese. I also spent my time at college as the president of an on-campus student organization related to Finance and Economics and a volunteer for a local...
Ask me anything… I'm a Private Equity Analyst in Shanghai
For better or for worse, there’s a very unique feeling when everything goes completely according to plan yet nobody seems to care or notice. Such is the case with our favorite company of the moment, Tesla Motors. For those unaware, TSLA has rocketed upwards since its Q1 earnings release,...
A Perfect Storm
I work as a long/short equity analyst at a large hedge fund. I've been lucky enough to be more than just a model monkey early on in my career, but have also been exposed to the stress of being measured on returns. I primarily cover consumer and TMT names. I went the typical path (target...
I'm a Hedge Fund Analyst - Ask Me Anything
Fellow Primates, We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a...
WSO is Looking for Campus Reps For Summer/Fall 2013 (and beyond)
<em>Mod note: Best of Bankerella - this was originally posted 10/1/12</em> I occasionally get PMed by people at colleges I’ve never heard of before, asking if they have a shot at IBD. Folks, why IBD? The finance world is broad and varied, and there are a million ways to...
My Biggest Career Mistake to Date: Prestige
Someone was asking me about this in PM and I wrote a long and detailed reply about what it is like to work in Big 4 and what advice I would give to people thinking about interning / working there. Thought it might be useful for others so my reply is below. Happy to answer any...
Working In Big 4 Audit in London
<em>Mode note: Blast from the past - "Best of Eddie" - this one is originally from December 2010.</em> Monty09 may have gotten the best plug yet for his <a href="http://energyrodeo.com/">Energy Rodeo</a> in Houston next month, and it came from none...
New York vs. Houston
This is just fantastic. After sitting through Carl Levin and John McCain spewing a bunch of nonsense about how Apple doesn't pay enough taxes (despite being the #3 taxpaying company in America behind ExxonMobil and Chevron), Rand Paul lit them up about what a travesty it was to blame Apple...
Rand Paul GOES OFF at Apple Hearing
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