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.

Be excellent to each other, and party on, dudes.
 

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.

 

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.

 

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.

The poster formerly known as theAudiophile. Just turned up to 11, like the stereo.
 

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

 

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.

Currently: future neurologist, current psychotherapist Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 

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