Is it the golden age of shutting the fuck up about finance on public transportation?

Hey monkeys!

Today I was heading up to midtown on the subway sitting next to a buddy. He was loudly talking about private credit and banking bonuses. He practically yelled, “Yeah 110k bonus this year, not bad, not great,” while a literal homeless man sat next to us.

Since the convo sounded bratty, I tried to change the subject to sports, but like a fucking chess grandmaster, he instantly found the winning move, pivoting the conversation to sports PE and how continuation vehicles are a “blessing to the world.” I was so embarrassed.

Everyone was hatefully glaring at us. If the word “hate” was engraved on each nano-angstrom of the subway, it would not equal one one-billionth of the hate they felt towards us at that micro-instant.

Anyways, got me thinking, is it the golden age of shutting the fuck up about finance on public transportation?

34 Comments
 

Money can't buy you class.

What ever happened to good-manners? 

If you put that scene in a movie or a book people would probably complain of it being unrealistic. 

 
Funniest

I made the mistake of mentioning my bonus at an Arby's back when I was an assistant branch manager at the Wells Fargo - Anchorage branch.

While waiting for my food, I was calling my friend and mentioned that management got me a $100 gift card for my efforts. While I didn't think anything of it, I didn't realize there was a fisherman behind me. The salmon hadn't been as plentiful that season, so they were all struggling.

I walked back out to find my car keyed and windows smashed - he had broken in to steal the $100 gift card. It is never worth the risk to tell people about your success.

 

Working in finance and taking public transportation... oof

"If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

PrivateTechquity 🚀🚀🚀

Working in finance and taking public transportation... oof

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

How much do you want to bet Warren Buffett hasn't ridden the subway for at least half a century?

"If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 
Most Helpful

The best operators I know never talk about finance. They talk about customers, problems, and execution. Finance is just the scorecard, not the game.

There's a big difference between being in the business of money and being in the business of building. The first one is a job. The second one is a calling.If you're passionate about what you do, you're not talking about your bonus on the subway. You're talking about the problem you're solving. Just my thoughts ;)

h.mesme
 

I think this comes from the old way of doing business... 30 years ago, people who were running businesses had all the same story : high school, finance, ... Nowadays, 80% of people running successful businesses come from pure operations and scale, and they learn finance along the way. The disconnection is blatant,  as pure financial people seems to be totally disconnected on how we build and scale and business in today's world and people who built in the trenches can be amazed by the level of procrastination and non reliable data financial ( bankers mainly) look at when they consider investing or supporting a business. 

I do not say pure finance people know nothing about today's businesses, and they probably have tremendous analytical capacities, but probably more disconnected from what the real market is in 2026.

h.mesme
 

Good point. there are a lot of founders that are failing, but the ones who develop and scale understand deeply how money works. They know how to cut expenses ( even if the usual framework would scream to keep it ), because they understand that it's not this that is moving the niddle .

Don't get me wrong, good professionals are on both sides, but ask me to choose between a founder that built, failed, learned, built again, failed and then succeeded and a pure corporate finance guy , i will choose 100% of the time the founder. 

h.mesme
 

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