Most hated people in finance?
Who are some of the most looked down upon people ever in this industry?
Martin Shkreli immediately comes to mind, but who else?
Who are some of the most looked down upon people ever in this industry?
Martin Shkreli immediately comes to mind, but who else?
Career Resources
Dick Fuld
The mother fucker in ops who asks you why your trade was late every single time.
Given the right level of clearance, I'd order a set of SCUD missiles to blow up my company's back office.
People outside of finance hate on Milken but the guy literally helped build and save some of America's greatest companies.
A titan.
chicago boys
Jim Cramer but from within.
"The House of PAIN"
u sure u wanna mess with cramer?
![https://pbs.twimg.com/media/B9vA3CZCAAEOulT.jpg][https://pbs.twimg.com/…]
Watching Cramer is a guilty pleasure for me. I even dialed into his show for a lightning round when I was in college. It would be very interesting to see him in a more serious / long-form format. Wish he had a Netflix special or something analyzing recessions, or investor behavior, or other topics.
I've seen him on the beach in Quogue. He really is that short.
https://www.wallstreetoasis.com/forums/what-is-the-streets-general-opin…
I just noticed cramers shoe & boot
Cramer is definitely still on cocaine
Martin Shkreli
Mount Rushmore of the worst: 1. Bernie Madoff 2. The guy who adds "incoming analyst @ major BB" to his linkedin after attending a superday 3. The guy telling all the chicks at the bar he works in high finance even though he works at the back office help desk 4. Mortimer and Randolph from Trading Places
Numbers 2 and 3 have a special place in hell - nay, a special place in exactly the back office.
The bank teller who tells people he's an investment banker
Compliance. HR.
+1
I cannot figure out what HR people do all day. Recruiting and on-boarding cannot possibly take up 40 hours per week. They also somehow know nothing about the positions they recruit for outside of little buzzwords they scan resumes for. The whole process is insane.
Desktop publishing.
Free Shkreli!!!!! The guy definitely did some bad stuff, but he's super intelligent. YouTube a few interviews with the guy. Listening to him talk is way more insightful and interesting than listening to Dimon or Blankfein. Like I said, maybe he's not going to win person of the year, but I have mad respect for Shkreli.
So being "super intelligent" absolves you from being a criminal?
Did you even read his post?
As urmaaam noted, I think my previous post handles that. On a side point about finance, notice that Dick Fuld mentioned above has not spent a day in jail....all the guys at Novartis jacking up pharmaceutical prices are enjoying their Porsches today - they're not in jail either. I guess they're swell guys because they're not "criminals"
Also, noticed that you're in equity research Bob. I'm sure your reports have always reflected 100% unbiased views on companies, correct? I wouldn't be surprised if you broke SEC law every day of your life on the job - most ER analysts do. So, don't throw stones if you live in a glass house.
100% agree. He’s obviously mildly autistic, but that also makes him interesting and free spirited. Guys hilarious. Not sure he’s really a genius but he’s smart. Most of his money was made on a simple strategy of price hikes on boring drugs.
Drugs like that are interesting. A lot of them you could make for a buck or two and earn a profit. But fda and other regulations means there’s a million or two minimum in getting to market. Which actually created a lot of pricing power. If two people competed they would charge maybe $5 a pill and no one would cover fda costs. Little shit products.
There a reason you got so much MS.
Why not have some "respect" for Wu Tang Clan instead ?
The IBD analysts making $3.00 p/h thinking they're set for life :p
i think its a little more than that... lol
The MBA rotational student who says back in my time at _________(previous rotation) we did it like this.
I got busted down for that once. Never brought anything up again. If you asked me where I worked before, you got yourself a one word answer of their name...and scene.
john gutfreund
People who say FI-nance instead of fuh-NANCE
Wait what
FI-nance is the verb. fin-NANCE is the noun. :)
So I work in high fin-NANCE but I will FI-nance my next Porsche.
More examples of nominalization syllable stress here: https://voxy.com/blog/2012/10/noun-vs-verb-syllable-stress-finance/
Legal, talking to them is like eating broken glass.
Probably by people outside of the industry Paul Singer
1) Vainglorious Stanford/Harvard/Wharton MBAs
2) Obnoxious execution only traders who act as if they're the second reincarnation of George Soros about to break the Bank of England
3) people who maintain a fervent belief in the Efficient Market Hypothesis resembling the zeal of an Islamic fundamentalist and proselytize to all and sundry that all investors even Buffet are charlatans and Bogle is the second coming of Christ
My finance professor last semester falls under your third category.
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That's why he's a prof.
People in finance hate THEMSELVES the most. At least this is true for the junior guys.
Otherwise they wouldn't throw away the best hours/time of their existence to sit in some dingy cubicle devoid of natural light.
But then again, I'm different from you guys :)
Staffers.
Gunners.
B-school interns with no finance background who think they're hot shit because they're in b-school.
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