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Wall Street Oasis » Blogs » M Friedman's blog
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My MD's Ferrari FF (video)
 

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M Friedman's picture
M Friedman
     
 
(King Kong, 1,007
 
Points)
 on 4/9/12 at 7:57pm
2012-ferrari-ff-front-angle.jpeg

When my boss walked in today he looked unusually chipper. Half asleep, I brushed it off and continued to blankly stare at my computer screen- “maybe he got laid this weekend,” I thought.

A couple hours pass and he casually calls me into his office to talk about corpo-world nonsense. He says something about low hanging fruit and, right then, he casually brandishes a set of glaringly red keys right in front of my face.

Did he really just buy a Ferrari?

The WSO-esq, systematic analysis starts up- 50 something year old, recently divorced, typical A type personality- a seemingly perfect candidate for a mid life crisis. Even so, is he really trying to rub it in my face right now?

I take a peek into the parking lot and there it is. A brand spanking new Ferrari is sitting in the lot.

Even from afar, the sparkling Ferrari paint is unmistakable. But it’s a big body; the engine is at the front and it’s a damn big car. This one is a 12 cylinder, four-seater Ferrari FF. The car fanatic inside of me kicks in and I mentally begin to recite Car and Driver statistics.

For those that don’t know, the FF is Ferrari’s first four-wheel drive beast of a car. The FF packs 651-horse power to do a launch controlled 0-60 in 3.6 seconds. Yes, it is a hatchback, but who cares when you can roar down the road with your golf clubs, briefcase, and three kids all comfortably fit inside the car. In my opinion, the FF is the pinnacle of gas powered engineering.

Looking back, the whole meeting might have been some sick, carrot-on-the-stick ploy to get me to work harder. I can hear it now, “one day, if you work hard enough, you’ll have a $300K Rari just like me.” Whatever.

Watch the video above and tell me, if you had a Ferrari FF would you take it off road in the snow? Because I totally would. I know there are a lot of car junkies on here, so what do you say, is it worth the $300,000?

See my WSO blogs here.
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Comments

Falcon's picture

not worth it man, only if i

Falcon
      CF
 
(Gorilla, 531
 
Points)
 on 4/9/12 at 8:19pm

not worth it man, only if i had $50M in the bank. But even then dropping 300k on a car is crazy to me.

Just a sophomore looking for an opportunity to start up this dream of mine.

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CatsLHP's picture

No shot I'm spending 300k on

CatsLHP
      IB
 
 
(Senior Orangutan, 377
 
Points)
 on 4/9/12 at 8:24pm

No shot I'm spending 300k on a ferrari that looks like THAT. If you're going to drop the 300, might as well just get the 458 Italia.

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BigBucks's picture

Rofl I feel bad for this

BigBucks
      IB
 
(Gorilla, 509
 
Points)
 on 4/9/12 at 8:27pm

Rofl I feel bad for this dude, who buys a four door ferrari? Just shows how even with millions one can be a lame.

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abacaxi's picture

Hell yeah, any Ferrari is

abacaxi
     
 
(Senior Chimp, 27
 
Points)
 on 4/9/12 at 8:30pm

Hell yeah, any Ferrari is worth every penny. I would definitely drive it in the snow, however if I were to get a Ferrari, I'd go with the 458 Italia

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Ravenous's picture

Wow, that is one ugly car. I

Ravenous
      HF
 
 
(King Kong, 1,347
 
Points)
 on 4/9/12 at 8:33pm

Wow, that is one ugly car. I just lost respect for your boss.

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Unforseen's picture

458 italia for me too but if

Unforseen
     
 
 
(King Kong, 1,129
 
Points)
 on 4/9/12 at 8:35pm

458 italia for me too

but if I was him I would take the mclaren MP4-12c

Check out my Blog

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bfin's picture

Did your boss really purchase

bfin
      CF
 
(Neanderthal, 2,795
 
Points)
 on 4/9/12 at 8:36pm

Did your boss really purchase this?

The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee

WSO is not your personal search function.

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jpmoranmonkeysachs's picture

Dont really like the design.

jpmoranmonkeysachs
     
 
(Baboon, 149
 
Points)
 on 4/9/12 at 8:37pm

Dont really like the design. Would choose the 458 over this

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Jackie Chiles's picture

I'm not saying I wouldn't

Jackie Chiles
     
 
(Baboon, 145
 
Points)
 on 4/9/12 at 8:57pm

I'm not saying I wouldn't drive it, but it wouldn't have been my choice.

"It's outrageous, egregious, preposterous. "

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karypto's picture

Great music, I cried.

karypto
      EN
 
 
(Senior Gorilla, 871
 
Points)
 on 4/9/12 at 9:00pm

Great music, I cried.

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adapt or die's picture

hahaha "Rari"

adapt or die
     
 
 
(King Kong, 1,266
 
Points)
 on 4/9/12 at 9:02pm

hahaha "Rari"

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luccabananas's picture

Quote: Rofl I feel bad for

luccabananas
      IB
 
(Senior Monkey, 81
 
Points)
 on 4/9/12 at 9:06pm

Rofl I feel bad for this dude, who buys a four door ferrari?

Actually two doors.

Anyways, I'll have to agree with the others above. I would have purchased something different, most likely a McLaren.

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In reply to CatsLHP
BTbanker's picture

CatsLHP wrote: No shot I'm

BTbanker
      IB
 
(Senior Neanderthal, 5,340
 
Points)
 on 4/9/12 at 9:08pm
CatsLHP:

No shot I'm spending 300k on a ferrari that looks like THAT. If you're going to drop the 300, might as well just get the 458 Italia.

+1

"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan

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Grindhouse's picture

458 italia or bust

Grindhouse
      CF
 
(Monkey, 34
 
Points)
 on 4/9/12 at 9:18pm

458 italia or bust

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marcellus_wallace's picture

He's 50, recently divorced.

marcellus_wallace
      ST
 
 
(King Kong, 1,643
 
Points)
 on 4/9/12 at 9:19pm

He's 50, recently divorced. All he has to show for it is a 4door ferrai? Poor dude.

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charmander's picture

Mid. Life. Crisis.

charmander
      IB
 
(Senior Baboon, 205
 
Points)
 on 4/9/12 at 9:34pm
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Relinquis's picture

He bought the fat-man's

Relinquis
      RE
 
 
(Neanderthal, 2,189
 
Points)
 on 4/10/12 at 1:44pm

relinquis... Killing the GMAT this December; Over/Under set at: 725 GMATs.

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In reply to luccabananas
BigBucks's picture

luccabananas

BigBucks
      IB
 
(Gorilla, 509
 
Points)
 on 4/9/12 at 9:38pm
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ChrisHansen's picture

Yeah this is hideous compared

ChrisHansen
     
 
(Gorilla, 547
 
Points)
 on 4/9/12 at 9:47pm

"I'm the luckiest guy in the world, and when I die I want to come back as me."
-Mark Cuban

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VarmintCong's picture

Fuck that noise.. I'd get a

VarmintCong
     
 
(Senior Chimp, 29
 
Points)
 on 4/9/12 at 9:51pm

In the war against you and the other qualified candidates out there, the best arsenal is to prove that you have outdone yourself.

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Angus Macgyver's picture

... that thing is an

Angus Macgyver
      IB
 
(Senior Gorilla, 754
 
Points)
 on 4/9/12 at 9:52pm
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ST Monkey's picture

I would've sucker punch him

ST Monkey
      ST
 
 
(Orangutan, 318
 
Points)
 on 4/9/12 at 9:54pm
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Relinquis's picture

The Ferrari FF is more

Relinquis
      RE
 
 
(Neanderthal, 2,189
 
Points)
 on 4/9/12 at 10:00pm

relinquis... Killing the GMAT this December; Over/Under set at: 725 GMATs.

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happypantsmcgee's picture

I love that people are saying

happypantsmcgee
      O
 
 
(Almost Human, 9,627
 
Points)
 on 4/9/12 at 10:01pm

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

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Commuter's picture

The man bought a full 2+2 AWD

Commuter
      IB
 
 
(Neanderthal, 3,010
 
Points)
 on 4/9/12 at 10:09pm

I work here...whassup
2013 WSO Conference
WSO Company Database | WSO Job Board

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In reply to happypantsmcgee
Relinquis's picture

happypantsmcgee wrote: I love

Relinquis
      RE
 
 
(Neanderthal, 2,189
 
Points)
 on 4/9/12 at 10:28pm

relinquis... Killing the GMAT this December; Over/Under set at: 725 GMATs.

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jgx101's picture

Your boss got nothin on

jgx101
      IB
 
(Senior Orangutan, 392
 
Points)
 on 4/9/12 at 10:29pm
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gstackle32's picture

God that sounds sexy, not a

gstackle32
      O
 
 
(Gorilla, 500
 
Points)
 on 4/9/12 at 10:33pm
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Voltaire X's picture

Whether or not it's worth it

Voltaire X
      ST
 
(Senior Monkey, 68
 
Points)
 on 4/9/12 at 10:35pm
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kmess024's picture

Looks like a station wagon

kmess024
      EN
 
(Orangutan, 312
 
Points)
 on 4/9/12 at 10:40pm

The Four E's of investment
"The greatest Enemies of the Equity investor are Expenses and Emotions."- Warren Buffet

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Ryan M's picture

I couldn't take a sports car

Ryan M
     
 
(Senior Chimp, 22
 
Points)
 on 4/9/12 at 10:42pm
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allaboutthefight's picture

that car looks like shit. he

allaboutthefight
     
 
(Monkey, 53
 
Points)
 on 4/9/12 at 10:44pm

"death is nothing, but to live defeated is to die everyday" ~Napolean Bonaparte

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ChrisHansen's picture

50M, you guys serious? why

ChrisHansen
     
 
(Gorilla, 547
 
Points)
 on 4/9/12 at 10:46pm

"I'm the luckiest guy in the world, and when I die I want to come back as me."
-Mark Cuban

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BTbanker's picture

Porsche Panamera > Ferrari FF

BTbanker
      IB
 
(Senior Neanderthal, 5,340
 
Points)
 on 4/9/12 at 10:55pm

"A man generally has two reasons for doing anything. One that sounds good, and the real one." - J.P. Morgan

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In reply to Connor
happypantsmcgee's picture

Connor wrote: Porsche

happypantsmcgee
      O
 
 
(Almost Human, 9,627
 
Points)
 on 4/9/12 at 11:08pm

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

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wallstreetballa's picture

Ew FXX or bust dude - ur boss

wallstreetballa
      ST
 
(Gorilla, 675
 
Points)
 on 4/9/12 at 11:17pm
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PuppyBackedSecurities's picture

your boss could have gotten a

PuppyBackedSecu...
      IB
 
(Orangutan, 301
 
Points)
 on 4/10/12 at 12:18am
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El_Mono's picture

Id buy this, but would have

El_Mono
      IB
 
(Senior Orangutan, 491
 
Points)
 on 4/10/12 at 1:05am

Valor is of no service, chance rules all, and the bravest often fall by the hands of cowards. - Tacitus

Dr. Nick Riviera: Hey, don't worry. You don't have to make up stories here. Save that for court!

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Edmundo Braverman's picture

Saw one of these on the

Edmundo Braverman
      ST
 
 
(Human, 14,707
 
Points)
 on 4/10/12 at 1:43am

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ConnectCubed_Mike's picture

TopGear gave it a pretty crap

ConnectCubed_Mike
     
 
(Chimp, 12
 
Points)
 on 4/10/12 at 3:20am

You can find me at the WSO Job Board

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TonyPerkis's picture

you should key the shit out

TonyPerkis
      AM
 
(King Kong, 1,619
 
Points)
 on 4/10/12 at 4:36am

I eat success for breakfast...with skim milk

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Relinquis's picture

Question to the OP, is your

Relinquis
      RE
 
 
(Neanderthal, 2,189
 
Points)
 on 4/10/12 at 7:33am

relinquis... Killing the GMAT this December; Over/Under set at: 725 GMATs.

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Azimut's picture

Not a proper Ferrari. How

Azimut
     
 
(Monkey, 58
 
Points)
 on 4/10/12 at 8:54am
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Gate_Crasher's picture

Hey Tom, Thanks for posting

Gate_Crasher
      IB
 
(Senior Baboon, 187
 
Points)
 on 4/10/12 at 9:18am
    • Credits
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In reply to Gate_Crasher
TonyPerkis's picture

Gate_Crasher wrote: Hey Tom,

TonyPerkis
      AM
 
(King Kong, 1,619
 
Points)
 on 4/10/12 at 9:19am

I eat success for breakfast...with skim milk

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WallStreetOasis.com's picture

my dad just bought this car

WallStreetOasis.com
      EN
 
 
(Human, 12,207
 
Points)
 on 4/10/12 at 9:47am

WSO Conference 2013

Private Certified User Chat

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Maximus Decimus Meridius's picture

1.- Your MD sounds like a

Maximus Decimus...
      ST
 
 
(Gorilla, 672
 
Points)
 on 4/10/12 at 10:03am
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HumPiranha88's picture

I'd go for the 599

HumPiranha88
      ER
 
 
(Baboon, 129
 
Points)
 on 4/10/12 at 10:08am
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Relinquis's picture

Maximus Decimus, I'm looking

Relinquis
      RE
 
 
(Neanderthal, 2,189
 
Points)
 on 4/10/12 at 1:45pm

relinquis... Killing the GMAT this December; Over/Under set at: 725 GMATs.

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In reply to Relinquis
Maximus Decimus Meridius's picture

Relinquis wrote: Maximus

Maximus Decimus...
      ST
 
 
(Gorilla, 672
 
Points)
 on 4/10/12 at 2:19pm
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Forum Topics

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  • Hey All, I just wanted to see if anyone could give me some ideas about exit opps from top Natural Resources Groups? In this case think BB. I am curious if exit Opps are primarily in industry specific funds or if you still see recruitment for general buyout practices at Megafunds? Thanks....
    Natural Resources Group Exit Opps
  • Hey guys, Anybody know if York Capital runs a macro fund? I saw it somewhere that a guy named Marc Helwani runs a $1.5b macro fund but I couldnt find any other source to verify that. One thing I do know is that out of their $15b AUM, about $6.5 is dedicated to traditional long/short. Lol......
    York Capital - Macro?
  • Last year Dalian Wanda Group bought theater chain AMC Entertainment for $2.6 Bn, and now it is snagging up Sunseeker International. [quote] Dalian Wanda said it would pay £320 million for a 91.8 percent stake in Sunseeker, based in Dorset, England, with the remaining stake to be acquired by...
    The Chinese are upping up their shopping spree
  • I'm graduating soon and am looking for opportunities in either IB or consulting. Am indifferent between them. How should I customize my resume towards IB? Also you guys with consulting background, how do you customize to a consulting (MBB) one as well. But most importantly, I need it down to 1...
    Resume review for IB
  • Is anyone familiar with this firm? Started by 3 experienced guys in the media industry. Looks like they've done a couple notable deals in the past 2-3 years. How big is the firm (esp. analyst & associate level)? How is the dealflow? Do they only have an office in SF? Thanks in...
    CODE Advisors
  • Hi everyone! Some of you may remember me, I stopped posting on this forum about a year ago because I got tired of the site for a number of reasons and it wasn't worth it for me anymore. However I'm a big believer of giving back, and I did learn a lot from this site and from a few of the...
    Q&A: 1st year BB London Rates Trader Taking Your Questions
  • This question is regarding background checks and references. I worked at a boutique IB and want to use my old boss as a reference. However, my old boss no longer works at the boutique IB anymore. Is it still acceptable to use him as a reference, or will employers want a reference who still...
    Reference no longer works at firm
  • I'm a student currently deciding between attending either Tulane or Uconn as an incoming junior and wanted to get a picture of which would be better from a recruiting standpoint. Tulane will cost $14K more total over the next two years, or 7K more per year, but in either regard I will still...
    Tulane vs. Uconn
  • 1:41pm: Buy 200 shares WFC @ $41.10 on 99% margin. Currently down $87.98 + $0.90 interest. I normally stay away from margin. I was having a good day and got cocky. Today wiped out a week's worth of profits for me. Note: I swing trade with some day trades thrown in. What would you...
    I Made a Stupid Bernanke-Inspired Trade: Exit?
  • Hello everybody, I just finished up my sophomore year at a semi target and now am trying to choose an internship which will best position me for IB recruiting next year. I'm trying to decide between two internships - one is a credit analyst position at a commercial bank where I would...
    Which internship?
  • Hey everyone, Does anyone know of any reputable firms in Miami? Can you speak to their: 1. Pay 2. Culture 3. Focus (i.e. middle market? tech?) 4. Reputation in comparison to NYC...
    PE in Miami
  • So the sudden spike in interbank lending rate in China surpassed 13 percent at one point. The seven-day repurchase rate hasn't risen this high in over 10 years. With the PBOC refusing to inject funds to the monetary market, will this liquidity squeeze hurt the government's efforts to...
    Chinese Overnight Repo Rate hits record high
  • Dealbook: http://dealbook.nytimes.com/2013/06/19/wesley-clark-retired-general-joins-blackstone-as-an-adviser/ I still can't believe these guys are cashing in before Tim Geithner....
    Gen. Wesley Clark Joins Blackstone
  • I'm interested in doing something along the lines of F500 finance or FP&A. I was accepted into Michigan State and UMich. I couldn't go to an out-of-state college due to my low socioeconomic status. If I go to Michigan State: major in Finance and minor in Econ If I go to...
    Which college major/pathway should I do?
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<em>Mod note: make sure to see the great comment below by CompBanker</em> I come from a small town where nobody had ever heard of consulting or IB. I was fortunate enough to attend a top target college (a good Ivy) and land a gig in IB at a BB/EB. I'm starting full time this...
Finance Culture - Personalities
<strong>Background</strong> I randomly discovered WSO nearly seven years ago just weeks after I secured a FT MM IB position. The website was extremely nascent at the time with only a few thousand registered users. The majority of the users were college students with only a handful...
How WSO has enhanced my IB/PE career
<em>Mod note: <strong><a href="http://www.wallstreetoasis.com/faq/what-are-the-best-qa-threads-and-interviews-with-top-finance-professionals-on-wso ">Click here</a></strong> to see all of our q&a's and interviews</em><P> I figured I...
Open for Questions - Equities in Dallas
<em>Mod Note: This is a syndication from Jared's Daily Dirtnap daily market newsletter. WSO readers qualify for a $100 discount...just email [email protected] and mention "WSO Monkey Discount" You can follow Jared on twitter at @dailydirtnap</em> This one has...
THE LAST MILE
After over one year in the making, the <strong><a href="http://www.wallstreetoasis.com/2013-wso-compensation-report-full">2013 WSO Compensation Report</a></strong> is here! Access to the FULL 108 page 2013 WSO Compensation Report is <strong>100%...
2013 WSO Compensation Report has Arrived
When I first started as a PE analyst, I constantly struggled with judging the amount of time I should spend on reviewing sourced deals. How much time is enough to really get a handle on the company’s revenue streams? How granular do I need my analysis to be on industry threats? With this...
Misguided Efforts: A Cautionary Tale
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)
Many of the questions that have come in surround recruiting for front office Wall Street careers from a non-target so we’ll start with some ideas for recruiting, move on to interviewing, preparing for the job and finally long-term career management advice. Before we begin, it has been...
Stand Out as a Non-Target: Recruiting (Part 1 of 4)
Any Asset Management people here who could give me some insights on it, such as the nature of the work, the pay, the hours, the potential for career advancement, ect? I was looking into IB before but I've decided that I would rather pursue a career that's more intellectually...
Asset Management a better choice than Investment Banking?
<img src="//img.pandawhale.com/48721-Sexually-Oblivious-Female-Meme-Ze2w.png" alt="Sexually Oblivious Female Meme - Favorite Position? I would like to be a CEO.">
If you could be the richest person in the world with your dream job only as a public virgin forever would you do it?
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