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Wall Street Oasis » Blogs » Midas Mulligan Magoo's blog
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Thrifty Twenty-Somethings
 

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Midas Mulligan Magoo's picture
Midas Mulligan Magoo
     
 
(Senior Neanderthal, 5,167
 
Points)
 on 3/12/11 at 1:37pm
brke

I remember my early-to-mid twenties. It was a time when every bartender in town knew my name. Even on vacations, I would become a regular within the span of a weekend. I used to spend so much cash in bars, clubs and lounges that lines never existed for me. Anybody who tells you that hot girls get special treatment in the night life spotlight is a rookie. Men who spend are the stuff that V.I.P. lounges are built of.

Last week I read a U.S. News report on why Generation Y is too frugal. Honestly...I didn't know what to make of it, so I'm here to see what you guys have to say about it.

The article paints your generation of 20-somethings as afraid of debt, mommy and daddy dependent, candidates for a lifetime of frugality. Is this how you see yourselves?

I was inclined to dismiss this article as yet another page filler in a slow news day; the calm before another MENA storm or in yesterday's case, Japanese Tsunami. Something happened a few nights ago that changed my mind all together. Allow me to share:

I'm sitting in one of my favorite lounges on a slow weeknight. My Maker's Mark no longer enjoys the finely complimenting cigar it had grown accustomed to over the years. This place is perfect for me due to its dimness and plush seats. When I started coming years ago it was the hot spot for young hotties and wannabee players spending cash. Now its like a Depression era dive with only the tumbleweeds missing. This is a good thing for me as I want some quiet. Except this time, I can't have it. My waitress is making it impossible...

In the span of an hour she's been over to see if I need anything half-a-dozen times, each time attempting clumsily to engage me in some sort of conversation. I don't mind having a pretty young girl's attention, but usually her type does not hover so hard unless there's an ulterior motive. I quickly found out that there was and it came with the unsurprising aura of dollar signs around it.

Apparently, I am her best customer. Amongst the slew of faux compliments she unleashes only one makes sense. I tip really, really well. This is funny to me as I consider myself a reformed spender. But then I realize something crucial...this girl's barely 20, she missed the boom times.

Over the years, I have dated quite a few waitresses and let me tell you fellas: these chicks made bank. It was not uncommon for a girl with good looks and charisma to pull down four figures in a night. We are talking about legit bar work here, no stripping or pole sliding. As I got deeper into conversation with this chick I was shocked by what she told me about her pay. She effectively makes a little better than minimum wage. Her main complaint is that hordes of young guys come in on Friday and Saturday occupying her time with one bottle of Belvedere amongst the seventeen of them. My two bourbons and one Alexander Hamilton are the highlight of her week.

This is an isolated story, of course. I know it doesn't tell the tale of an entire generation, especially the young financier set. It is to me, however, a sign of extreme shifting values from generation to generation. Back in those years, if I had a hundred bucks in my pocket, you can bet that my local fun house was getting $95 of it. You could also bet that even with holes in my pockets at the end of the night, I was still running up and down the block seeing which girl(s) wanted to split a cab. I lived for the moment and tomorrow was a light year away. Looking at how you guys scrounge and save now makes me wonder if perhaps you are missing out on the funnest time of your lives?

Am I wrong to base my opinion on the words of an underpaid waitress and a magazine article...or is there something to this claim? Is your generation just plain cheap?
C'mon guys, I know some of you are ballin' outta control. Come out of the woodwork and tell Midas all about it.

Where I unload on Twits and take verbal S***s
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Comments

monkeysama's picture

Yeah....I'm 25 and I'm

monkeysama
      O
 
(King Kong, 1,622
 
Points)
 on 3/12/11 at 2:09pm

Yeah....I'm 25 and I'm watching my parents try and sell their house. Everyone in their cul-de-sac is trying to sell at the same time so it's a complete shit show. Neighbors scheming and backstabbing to underbid each other. At least one family had to move because the husband was fired. And this is an upper middle class neighborhood.

My parents have 1/4 of their savings sunk into the house, so if they don't get a good price they may not be able to pay for their medical care as they get older.

Seriously, you're saying how terrible it is that my generation isn't dropping benjamins on bottles every weeknight? Where have you been?

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nutsaboutWS's picture

I definitely agree with the

nutsaboutWS
      IB
 
(Gorilla, 642
 
Points)
 on 3/12/11 at 2:10pm

I definitely agree with the article. Our generation is much more money conscious because I think money is so much more important than past generations... I am the total opposite of frugal and believe that having a great time requires money. Enjoy your golden years while you're young.

--
"Those who say don't know, and those who know don't say."

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JPM555's picture

I don't start my BB FT till

JPM555
      IB
 
(Senior Chimp, 17
 
Points)
 on 3/12/11 at 2:15pm

I don't start my BB FT till July. In the meantime I've taken out two no-interest-for-a-year credit cards, am going to Vegas and Europe, and been getting shit-faced 4+ days a week.

Lever up.

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sick_willy's picture

at least for me (23 y/o),

sick_willy
      PE
 
(Senior Orangutan, 433
 
Points)
 on 3/12/11 at 2:19pm

at least for me (23 y/o), i've just been raised that way (not overspending) coming from a blue collar background (and having student debt). Don't get me wrong, there are things that I'd really like to buy that are unnecessary (IWC watch, custom clothing), but then i come back down to earth and realize that i'm not really in a position to do that yet.

Don't get me wrong, i'm not cheap by any means, I just don't necessarily ball out or spend all my money (though I do go out to dinner with the gf quite a bit which really chips away at the wallet more than you'd think, esp in nyc)...

---------------------------
BossMode

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technoviking's picture

one could argue that the boom

technoviking
      O
 
(Senior Baboon, 233
 
Points)
 on 3/12/11 at 2:39pm

one could argue that the boom years are the reason why our generation must live a frugal living now. thanks mom and dad

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blastoise's picture

so what the past generations

blastoise
      O
 
(Senior Neanderthal, 4,380
 
Points)
 on 3/12/11 at 2:40pm

so what the past generations fucked up this country by debt and we are pure evil because we dont want to make the same mistake?

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bankingftw's picture

Some of us value consumption

bankingftw
     
 
(Monkey, 62
 
Points)
 on 3/12/11 at 2:44pm

Some of us value consumption later > consumption now.

Work hard. play hard. decrease SG&A, increase CapEx

"I swear by my life and my love of it that I will never live for the sake of another man, nor ask another man to live for the sake of mine."

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bfin's picture

Live fast die young.

bfin
      CF
 
(Neanderthal, 2,770
 
Points)
 on 3/12/11 at 2:58pm

Live fast die young.

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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ivoteforthatguy's picture

We don't get warnings before

ivoteforthatguy
      O
 
(Neanderthal, 2,210
 
Points)
 on 3/12/11 at 2:58pm

We don't get warnings before we get laid off now.

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bossman's picture

MIdas, Us and many other

bossman
      O
 
(Gorilla, 746
 
Points)
 on 3/12/11 at 3:00pm

MIdas,

Us and many other generations after us will be paying for the superfluous ways of the earlier generations. No doubt about it. The society has been changing starting in the later 80s. This is not to say your generation did anything wrong, it's just the way the cycle runs.

Are we missing out on life? Yes and no. We spend less when we go out and we are watchful of our pockets, but we probably enjoy going out less. We find other things to do.

This isn't true for everyone, but there might be a pretty strong trend here.

Do what you want not what you can!

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BruceWayne's picture

My mantra has always been

BruceWayne
      IB
 
(Chimp, 10
 
Points)
 on 3/12/11 at 3:04pm

My mantra has always been have as much fun as the moment allows. This past weekend, I dropped over a grand in a night. However, I felt it was well worth it. Went out with two of my best friends and 6 models. While that may seem outrageous to some, I know I'll have money later so heavy consumption today doesn't bother me even if it puts me in a temporary squeeze when the cc bill comes at the end of the month.

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derivstrading's picture

i believe you can have a good

derivstrading
      ST
 
 
(King Kong, 1,350
 
Points)
 on 3/12/11 at 3:08pm

i believe you can have a good time without spending a lot. I find the nights out when i get drunk off 20 quid are way better than when dropping 200 in a London club, but that is just my opinion.

I have also seen my parents build up a solid amount of wealth with absolutely no debt. Granted their income is associated with a higher level of consumption in America, but I dont see that as necessary.

S&T Careers - The only trading interview guide you will ever need

If you have any questions email them to me at [email protected]

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IlliniProgrammer's picture

Let's see. -We survived

IlliniProgrammer
      ST
 
 
(Almost Human, 9,178
 
Points)
 on 3/12/11 at 3:12pm

Let's see.

-We survived September 11th in high school.
-We watched the dot-com crash.
-We watched the Iraq War and all of these warnings that the terrorists were coming again- "if you see something, say something."
-We watched as oil prices shot past the moon.
-We watched the worst recession since 1937, perhaps since the early 1930s.
-We watched as 30% of our coworkers got laid off.

ARE YOU CRAZY? WHY WOULDN'T WE BE FRUGAL AND NERVOUS ABOUT SPENDING MONEY??? :D

Work hard, play hard.

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ivoteforthatguy's picture

Considering our generation

ivoteforthatguy
      O
 
(Neanderthal, 2,210
 
Points)
 on 3/12/11 at 3:22pm

Considering our generation might be marching off to WWIII we're just trying to save up a little for our orphans and widows.

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monkeysama's picture

Yeah, Illini this really

monkeysama
      O
 
(King Kong, 1,622
 
Points)
 on 3/12/11 at 3:25pm

Yeah, Illini this really pisses me off.

"Oh dear. Henrietta, I'm afraid the plebeians are not spending as much as necessary. Without debt driven consumer spending what will ever happen to the economy?"

"It's absolutely dreadful, Alfred! Why they must all be momma's boys and pantywaists. Or, oh perish the thought, they actually think they'll be able to save enough to be filthy rich like us!"

"Henrietta! That is so rich. Let us have a good chuckle!"

"Yes, Alfred, let's!"

*chuckle*chuckle*guffah*chortle*chuckle*chuckle*

The complete disconnect from reality of the poster as well as the article makes me feel stabby.

Eat the rich.

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adapt or die's picture

I cannot stand all these

adapt or die
     
 
(King Kong, 1,229
 
Points)
 on 3/12/11 at 3:26pm
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BruceWayne's picture

monkeysama wrote: Yeah,

BruceWayne
      IB
 
(Chimp, 10
 
Points)
 on 3/12/11 at 3:29pm
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bossman's picture

BruceWayne wrote: monkeysama

bossman
      O
 
(Gorilla, 746
 
Points)
 on 3/12/11 at 3:49pm

Do what you want not what you can!

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wallstreetballa's picture

I can't speak from the IB

wallstreetballa
      ST
 
(Gorilla, 665
 
Points)
 on 3/12/11 at 3:51pm
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LIBOR's picture

I think their is another

LIBOR
      EN
 
(Neanderthal, 2,156
 
Points)
 on 3/12/11 at 3:59pm

looking for that pick-me-up to power through an all-nighter?

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D M's picture

I actually recently ripped on

D M
      O
 
(Senior Neanderthal, 4,791
 
Points)
 on 3/12/11 at 4:05pm

"WSO is like the 300 for anti spamage. None shall pass." -happypantsmcgee
"You stop being an asshole when it sucks to be you." -IlliniProgrammer

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Studiofan's picture

This hasnt been talked about

Studiofan
      IB
 
(Orangutan, 253
 
Points)
 on 3/12/11 at 4:15pm
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jmayhem's picture

I really think this opinion

jmayhem
      O
 
(Senior Baboon, 210
 
Points)
 on 3/12/11 at 4:19pm

"The power of accurate observation is commonly called cynicism by those who have not got it." - George Bernard Shaw

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karypto's picture

That's the hard part about

karypto
      EN
 
 
(Senior Gorilla, 849
 
Points)
 on 3/12/11 at 4:54pm
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Virginia Tech 4ever's picture

bankingftw wrote: Some of us

Virginia Tech 4ever
      EN
 
 
(Neanderthal, 2,319
 
Points)
 on 3/12/11 at 4:56pm
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bossman's picture

Virginia Tech 4ever

bossman
      O
 
(Gorilla, 746
 
Points)
 on 3/12/11 at 5:02pm

Do what you want not what you can!

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zeropower's picture

Those ripping on their

zeropower
      ST
 
(Senior Orangutan, 484
 
Points)
 on 3/12/11 at 5:26pm
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Upload Avatar

After reading many writings

Mr. Cheese (not verified)
     
 
(Chimp, 0
 
Points)
 on 3/12/11 at 5:32pm
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PTS's picture

Virginia Tech 4ever

PTS
      IB
 
 
(Senior Orangutan, 479
 
Points)
 on 3/12/11 at 5:42pm
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Upload Avatar

zeropower wrote: Those

Mr. Cheese (not verified)
     
 
(Chimp, 0
 
Points)
 on 3/12/11 at 6:18pm
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ivoteforthatguy's picture

zeropower wrote: Those

ivoteforthatguy
      O
 
(Neanderthal, 2,210
 
Points)
 on 3/12/11 at 6:52pm
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Virginia Tech 4ever's picture

Mr Cheese, everyone's

Virginia Tech 4ever
      EN
 
 
(Neanderthal, 2,319
 
Points)
 on 3/12/11 at 6:53pm
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Upload Avatar

I had a pretty rhetorically

Mr. Cheese (not verified)
     
 
(Chimp, 0
 
Points)
 on 3/12/11 at 7:06pm
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Bondarb's picture

I have seen many people who

Bondarb
      HF
 
 
(Neanderthal, 2,267
 
Points)
 on 3/12/11 at 9:00pm
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rafiki's picture

IlliniProgrammer wrote: Let's

rafiki
     
 
(Orangutan, 317
 
Points)
 on 3/12/11 at 9:06pm
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Virginia Tech 4ever's picture

See, this is where I disagree

Virginia Tech 4ever
      EN
 
 
(Neanderthal, 2,319
 
Points)
 on 3/12/11 at 9:16pm
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IlliniProgrammer's picture

Virginia Tech 4ever

IlliniProgrammer
      ST
 
 
(Almost Human, 9,178
 
Points)
 on 3/12/11 at 9:27pm

Work hard, play hard.

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ivoteforthatguy's picture

IlliniProgrammer wrote: Let's

ivoteforthatguy
      O
 
(Neanderthal, 2,210
 
Points)
 on 3/12/11 at 9:38pm
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Bondarb's picture

Virginia Tech 4ever

Bondarb
      HF
 
 
(Neanderthal, 2,267
 
Points)
 on 3/12/11 at 9:41pm
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Virginia Tech 4ever's picture

That's true. What do they

Virginia Tech 4ever
      EN
 
 
(Neanderthal, 2,319
 
Points)
 on 3/12/11 at 10:29pm
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runthetown's picture

we are frugal as shit because

runthetown
     
 
(Senior Baboon, 192
 
Points)
 on 3/12/11 at 10:35pm
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GekkotheGreat's picture

Clubs in Los Angeles, New

GekkotheGreat
      ST
 
(Senior Orangutan, 447
 
Points)
 on 3/12/11 at 11:35pm

Gambler Daily

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GekkotheGreat's picture

Bondarb wrote: I have seen

GekkotheGreat
      ST
 
(Senior Orangutan, 447
 
Points)
 on 3/12/11 at 11:39pm

Gambler Daily

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PossumBelly's picture

My parents were/are quite

PossumBelly
      IB
 
 
(King Kong, 1,689
 
Points)
 on 3/13/11 at 12:05am
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milkchug's picture

At least among the people I

milkchug
     
 
(Chimp, 8
 
Points)
 on 3/13/11 at 3:12am
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Edmundo Braverman's picture

Virginia Tech 4ever

Edmundo Braverman
      ST
 
 
(Human, 14,319
 
Points)
 on 3/13/11 at 6:33am

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monkeymark's picture

I've gotta say I've done

monkeymark
      ST
 
 
(Baboon, 105
 
Points)
 on 3/13/11 at 8:50am
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koske's picture

North American's are

koske
      ST
 
(Senior Monkey, 97
 
Points)
 on 3/13/11 at 10:16am

- Only time will tell....

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GekkotheGreat's picture

koske wrote: Women on the

GekkotheGreat
      ST
 
(Senior Orangutan, 447
 
Points)
 on 3/13/11 at 10:28am

Gambler Daily

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Upload Avatar

Only average frustrated

Mr. Cheese (not verified)
     
 
(Chimp, 0
 
Points)
 on 3/13/11 at 10:38am
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User Information.

When you register for the Web Site, you will be asked to provide the Company with certain information including, without limitation, a valid email address (your "Information"). In addition to the terms and conditions that may be set forth in any privacy policy on this Web Site, you understand and agree that the Company may disclose to third parties, on an anonymous basis, certain aggregate information contained in your registration application. The Company reserves the right to offer third party services and products to you based on the preferences that you identify in your registration and at any time thereafter; such offers may be made by the Company or by third parties. Please see the Company's Privacy Policy below for further details regarding your Information.

Registration and Password.

You are responsible for maintaining the confidentiality of your information and password. You shall be responsible for all uses of your registration, whether or not authorized by you. You agree to immediately notify the Company of any unauthorized use of your registration or password.

The Company's Liability.

As a condition to your use of this site, you release the Company (and our agents and employees) from claims, demands and damages (actual and consequential, direct and indirect) of every kind and nature, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way connected with such disputes. If you are a California resident, you waive California Civil Code d1542, which says: "A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor."

We are under no legal obligation to, and generally do not, control the information provided by other users which is made available through the Web Site. By its very nature, other people?s information may be offensive, harmful or inaccurate, and in some cases will be mislabeled or deceptively labeled. We expect that you will use caution and common sense when using this Web Site.

The Material may contain inaccuracies or typographical errors. The Company makes no representations about the accuracy, reliability, completeness, or timeliness of the Web Site or the Material. The use of the Web Site and the Material is at your own risk. Changes are periodically made to the Web Site and may be made at any time.

You acknowledge and agree that you are solely responsible for the content and accuracy of any resume or material contained therein placed by you on the Web Site and you agree to let any users that are identified as recruiters (designated in the sole discretion of the Company) to have access to your resume.

The Company is not to be considered to be an employer with respect to your use of the Web Site and the Company shall not be responsible for any employment decisions, for whatever reason made, made by any entity posting jobs on the Web Site.

THE COMPANY DOES NOT WARRANT THAT THE WEB SITE WILL OPERATE ERROR-FREE OR THAT THE WEB SITE AND ITS SERVER ARE FREE OF COMPUTER VIRUSES OR OTHER HARMFUL MECHANISMS. IF YOUR USE OF THE WEB SITE OR THE MATERIAL RESULTS IN THE NEED FOR SERVICING OR REPLACING EQUIPMENT OR DATA, THE COMPANY IS NOT RESPONSIBLE FOR THOSE COSTS.

THE WEB SITE AND MATERIAL ARE PROVIDED ON AN "AS IS" BASIS WITHOUT ANY WARRANTIES OF ANY KIND. THE COMPANY, TO THE FULLEST EXTENT PERMITTED BY LAW, DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING THE WARRANTY OF MERCHANTABILITY, FITNESS FOR PARTICULAR PURPOSE AND NON-INFRINGEMENT. THE COMPANY MAKES NO WARRANTIES ABOUT THE ACCURACY, RELIABILITY, COMPLETENESS, OR TIMELINESS OF THE MATERIAL, SERVICES, SOFTWARE, TEXT, GRAPHICS, AND LINKS.

Disclaimer of Consequential Damages.

IN NO EVENT SHALL THE COMPANY, ITS SUPPLIERS, OR ANY THIRD PARTIES MENTIONED ON THE WEB SITE BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, INCIDENTAL AND CONSEQUENTIAL DAMAGES, LOST PROFITS, OR DAMAGES RESULTING FROM LOST DATA OR BUSINESS INTERRUPTION) RESULTING FROM THE USE OR INABILITY TO USE THE WEB SITE AND THE MATERIAL, WHETHER BASED ON WARRANTY, CONTRACT, TORT, OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT THE COMPANY IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Links to Other Sites.

The Web Site may contain links to third party web sites. These links are provided solely as a convenience to you and not as an endorsement by the Company of the contents on such third-party Web sites. The Company is not responsible for the content of linked third-party sites and does not make any representations regarding the content or accuracy of materials on such third party Web sites. If you decide to access linked third party Web sites, you do so at your own risk.

No Resale or Unauthorized Commercial Use.

You agree not to resell or assign your rights or obligations under these Term of Use. You also agree not to make any unauthorized commercial use of the Web Site.

Limitation of Liability.

The aggregate liability for the Company to you for all claims arising from the use of the Materials is limited to $1.

Termination.

The Company reserves the right, at its sole discretion, to pursue all of its legal remedies, including but not limited to immediate termination of your registration with or ability to access the Web Site and/or any other service provided to you by the Company, upon any breach by you of these Terms and Conditions or if the Company is unable to verify or authenticate any information you submit to the Web Site registration with or ability to access the Web Site.

Indemnity.

You agree to defend, indemnify, and hold harmless the Company, its officers, directors, employees and agents, from and against any claims, actions or demands, including without limitation reasonable legal and accounting fees, alleging or resulting from your use of the Material or your breach of the terms of these Terms and Conditions. The Company shall provide notice to you promptly of any such claim, suit, or proceeding and shall assist you, at your expense, in defending any such claim, suit or proceeding.

General.

The Company makes no claims that the Materials may be lawfully viewed or downloaded outside of the United States. Access to the Materials may not be legal by certain persons or in certain countries. If you access the Web Site from outside of the United States, you do so at your own risk and are responsible for compliance with the laws of your jurisdiction. These Terms and conditions are governed by the internal substantive laws of the State of New York, without respect to its conflict of laws principles. Jurisdiction for any claims arising under this agreement shall lie exclusively with the state or federal courts within New York, New York. If any provision of these Terms and Conditions are found to be invalid by any court having competent jurisdiction, the invalidity of such provision shall not affect the validity of the remaining provisions of these Terms and Conditions, which shall remain in full force and effect. No waiver of any term of these Terms and Conditions shall be deemed a further or continuing waiver of such term or any other term. Except as expressly provided in additional terms of use for areas of the Web Site a particular "Legal Notice," or Software License or Material on particular Web pages, these Terms and Conditions constitute the entire agreement between you and the Company with respect to the use of Web Site. No changes to these Terms and Conditions shall be made except by a revised posting on this page.

PRIVACY POLICY

The Company recognizes that you are concerned about privacy. We are committed to preserving your privacy and safeguarding your sensitive information. The following statement describes the general information-gathering and usage practices of our sites.

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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I used to work with a guy that had everything on the surface, but absolutely nothing inside. The guy was 6 feet tall, good-looking, charismatic, multi-lingual, graduated from a top business school, and had made MD at a bulge bracket investment bank. Yet he couldn’t remember the last time he...
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