The first thing my MD says to me this morning
So I am an S&T intern but i thought this would be relevant to everyone so I posted it here.
So I get on my 630 am train into city of london (for all you foreigners that is not a typo, i am american and was suprised to see it written like that too, it is an area of london where a lot of banks are...) morning and am reading my bloomberg app and the news paper and see all of the horrfying financial figures from yesterday/this whole week.
So like any assistant trader would be I start getting nervous about a true financial collapse today (especially when you see the S&P dropping more yesterday than after during lehman.) My bank is 4 cents from being a penny stock (big euro bank) and we have dropped 10% in 24 hours.
And then, when I walk in the first thing I hear form my MD and the MD of the options desk (simultaneously and not planned)--
'good morning xxxx, looking at the world right now, you might have tor learn a more practical skill than trading, maybe carpentry'
wow. bearish much?
What do you boys think? Is the world going to fall apart again? Worse?
exit ops in carpentry are phenomenal
carpentry focused PE firm/ long short carpentry focused hedge fund
As a carpenter you can touch and stare at other people's wood, work your own wood, and get paid for just loving wood 24/7
Also its amazingly obvious what bank you mean. It's been all over ZH because they hate Italy/the EU...
Not that it really matters. I'm always amazed that people are so secretive when they post nothing controversial.
Oh haha, I was trying to be secretive (if you have read my other posts I am not at all about anonymity). i just wrote 'big euro bank' because i didnt think being at UniCredit was alln that relevant t what i was saying...
Where the fuck is London? Is that like Long Island? N00b.
I would rather be in NY too, but I am in grad school over here, so it made sense to do an internship here.
British humor, mate.
agree with above, most people here know that 'the citty' is an area of london. this story is not surprising, carpentry is a more practical skill than trading.
Jesus was a carpenter and he turned out alright. Sure, his bonus wasn't as good as a KKR Associate but his hours were way better.
His last week on the job was torture though. You can say he really got nailed.
This is greatness just wrapped up in a comment lol
SB for you. Both for the comment and the username.
"He's the best, literally Godlike."
much better hours and all the wine he could drink, but the whole 40 days in the desert thing must have sucked hahahaha.
Also I heard year zero nightlife in Jerusalem sucked ass, kind of like working for BAML in charlotte hahahaha.
Hahaha that's epic
this is the best thread I've read since the Jedi
Wow, when I originally made this post I never would have anticipated the direction it would take, but this is fucking awesome.
This is the best thread I have read in a long time....
Btw Weaponized Cum I prostrate myself in front of the greatness of your comment. Best I have ever read...
We are not worthy, we are not worthy..... (waynes rules anyone?)
...where's the typo supposed to be?
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