Forbes Finance 30 Under 30

The list is out, kids! Come check out the 30 of your peers that are making you look like a complete slacker:

Forbes 30 Under 30 - Finance

These are all pretty incredible stories in their own right, and there's even a couple of analysts on the list. Just goes to show you what's possible. Getting the former CEO of Pfizer thrown off his own board at 29? Baller. Now for the real question: How many of these cats have an account on WSO?

63 Comments
 

This list was already impressive... and then you get to the 21 year old towards the bottom. That is unbelievable. And I'd be willing to set the over/under at 5 for how many of them have accounts on WSO.

I would agree with you, but then we'd both be wrong.
 
phcap"These are all pretty incredible stories in their own right, and there's even a couple of analysts on the list.''

Yes, imagine the odds to make it to this list when you are the son of a HF manager worth 1 billion.

So much to overcome.

You're born, you take shit. You get out in the world, you take more shit. You climb a little higher, you take less shit. Till one day you're up in the rarefied atmosphere and you've forgotten what shit even looks like. Welcome to the layer cake, son.
 

Haha, I've known people on there in prior years. The list selection seems pretty arbitrary. Sure people on there are accomplished, but theres tons and tons of people out there that have impressive profiles. Also I like how they try to make sure to make the list is diverse (genders, areas of finance, geographies, etc).

Nefarious-Tracy Britt has probably taken a few dicks to get to where she is.

Haha, chances are pretty high. I kind of have a hunch that Mr. Boofay isn't turning to her for value investing advice.

 
Going Concern hahahaha, I didn't read his profile carefully in my first run through, that is hilarious. What a joke.
I recognized his name instantly. He might as well be Gordon Gekko's son. Another good one on the list is Schuster Tanger.
 
Edmundo BravermanHAHAHA! Listen to you fuckin' haters.

I love it.

Oh c'mon, you talkin' about me? Just the other day, the tax you proposed would've prevented the Tanger kid from raising his own hedge fund, which I am going to assume is his parents' money from the description.
 
prospie
Edmundo BravermanHAHAHA! Listen to you fuckin' haters.

I love it.

Oh c'mon, you talkin' about me? Just the other day, the tax you proposed would've prevented the Tanger kid from raising his own hedge fund, which I am going to assume is his parents' money from the description.

This Tanger kid is related to the Tanger family that runs all the Tanger Outlets across the nation. So...yeah. A true self made man I see.

 
prospie
Edmundo BravermanHAHAHA! Listen to you fuckin' haters.

I love it.

Oh c'mon, you talkin' about me? Just the other day, the tax you proposed would've prevented the Tanger kid from raising his own hedge fund, which I am going to assume is his parents' money from the description.

No. Not talking about anyone in particular. It's just funny how things like this bring out the hater in all of us. Believe me, my first time through the list I was going, "Give me a fuckin' break..." to some of them.

And I've seen where the Tanger kid's dough came from. There's a Tanger outlet in Foley, Al and it looks like a strip mall raped a food court. Total fuckin' eyesore that attracts the shallow end of the gene pool. But hey, the kid is rich, right?

 

I know the Tanger guy and, although he clearly raised that money from his family's wealth, he is really, really smart.

I guess I can't post links because this account is too new, but Google "schuster tanger" and click on the link from Third Point's investor letter:

"Schuster Tanger joined us in early November as an Analyst. Prior to joining Third Point, he was an Analyst in the Special Situations Group at Goldman Sachs. He graduated magna cum laude and Phi Beta Kappa from Princeton University in 2008."

 
Going Concern
throwawayacct321"Schuster Tanger joined us in early November as an Analyst. Prior to joining Third Point, he was an Analyst in the Special Situations Group at Goldman Sachs. He graduated magna cum laude and Phi Beta Kappa from Princeton University in 2008."

I don't think it's too hard to get a 3.6 in basket weaving, even in New Joisey.

Do you any source for his major? can't find it on google

 
Best Response
ladubs111
Going Concern
throwawayacct321"Schuster Tanger joined us in early November as an Analyst. Prior to joining Third Point, he was an Analyst in the Special Situations Group at Goldman Sachs. He graduated magna cum laude and Phi Beta Kappa from Princeton University in 2008."

I don't think it's too hard to get a 3.6 in basket weaving, even in New Joisey.

Do you any source for his major? can't find it on google

I did some digging, and it looks like he was basically a systems engineering major. Now don't get me wrong, I'm not reeaxmining my whole worldview or anything. Systems engineering is definitely easier than the other engineerings, and there is more than one way to receive an A grade.

 

Some awesome stories -- big ups to the founder of MarketInvoice. He and his team saw a market failure (the inability of European banks to provide liquidity to companies who needed it), and corrected it (via a new way to get liquidity).

I know some of these guys are silver spoon types, but hey, most of the rich kids I've known in my life turned out to be bums. At least these guys are capitalizing on their good fortune.

 

Not much in the way of M&A stars. What's up with that? Everyone knows M&A has the best exit opps, right? Anyway, this made me laugh:

"Completed more than 75 leveraged financing deals over the last year with over $45 billion in volume. Transactions include David's Bridal, Constellation Brands and Kinetic Concepts."

75 deals in a year? Him personally? Oh. Ok.

 
craigmcdermottNot much in the way of M&A stars. What's up with that? Everyone knows M&A has the best exit opps, right?
Yeah exactly, where are all the guys who did MS/GS -->> KKR/TPG/BX -->> H/S/W?
 
OMSLucy Baldwin is probably the most impressive on that list. Under 30 and heading multiple groups?
lol what? the guys who've raised their own $500m+ hedge funds and the guy who made partner at BH at 29 are a lot more impressive than a D/MD level person at 29.
 

a VC buddy of mine is on the list, not in finance but in the industry group that he covers. kinda cool that my most successful peer went to the same non-target university as me.

Money Never Sleeps? More like Money Never SUCKS amirite?!?!?!?
 
Hooked on LEAPSIMHO, if you got your seed money from your parents, I'm not impressed.

i dunno. there are a lot of kids with money who blow it on cars, coke, and hookers.

Money Never Sleeps? More like Money Never SUCKS amirite?!?!?!?
 

Am i missing something? $1.3bn AUM and annual revenues of $9m? eh? 1% return is considered decent?

Any big 4 ones need to be taken with the insight that they are SCREAMING out for women to put into partnership, but just can't find any (KPMG even issued a statement to this effect). I have this from the lips of many very high up partners in PwC (I'm related to a few of them) and coincidentally attend any gatherings they have. It's also a) cheaper than a lawsuit, and b) if it hits the news, they have a decoy.

The Goldman effect can be translated 2 ways, either its still the moneyprinting service it used to be, or the author has a few contacts there and **** all else. The non profit guy is on the wrong list, I can't help feeling his current situation is a side track from the work he's done. Anyone that's received parental support to get there, shouldn't be on the list either. Propagating and rewarding nepotism is the last thing your economy needs. I wouldnt refuse the job if dad gave me it, but I also wouldnt expect to be there either. I don't believe in making life hard for yourself, but i'm not impressing anyone.

Finally, comfort for the haters, google 10 years ago, 30 under 30, and play "where are they now." Find comfort in your own skin and your own goals. I have my list and making solid progress on it, happy with that. Also, this list is heavily filtered by the regulated/reported industries. Lots of people dont report as they arent regulated and slip under the radar, happy as can be.

 
Going ConcernWow I was just looking in some of the other Top 30 Under 30s and more than one was in my graduating class. Fuck me! Just wow. At least I have 1200+ banana points.

"i'm just an average guy with exceptional hair. nothing more nothing less"

 

My goodness, reading some of the comments in this thread... You'd think there was only a finite amount of success to be had in this world... Green is not a good color on anybody, monkeys. Don't begrudge anyone their success. If you find yourself coming up with excuses for why they're more successful than you, stop yourself -- then think up ways to become that successful yourself (if Forbes 'success', loosely defined, is what's actually important to you, of course).

 

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