Most of it was pretty ridiculous. He actually did have a point about ibanking vs regulators... but when you lead into it with "Coming out of a top B-School like Fordham" you've mostly lost credibility.

Jack: They’re all former investment bankers who were laid off from that economic crisis that Nancy Pelosi caused. They have zero real world skills, but God they work hard. -30 Rock
 

This is amazing. This kid definitely lies out of his teeth. Apparently he was accepted into Yale after high school and he declined. Just recently he took the level 1 CFA exam in December of 09. Does anyone know if this clown passed? Clearly the guy at Schwab in encino was from Fordham.

 

I wipe my ass with Fordham degrees.

And I ride a unicorn to work. They're so common in I-banking, it doesn't even turn heads.

On a different note, how the deuce did he turn 20k into 489k? I'll give him a job on my desk right now if he can replicate that strategy legally. Did he add additional funds to the original 20k deposit? That's over 2000% return in (what I am guessing was) less than a year!

His Sharpe ratio is going to triple- or quadruple-digit.

Sounds like half of all the prop traders I know--totally full of shit when it comes to telling people how much money they've made.

 
brotherbear:
I wipe my ass with Fordham degrees.

And I ride a unicorn to work. They're so common in I-banking, it doesn't even turn heads.

On a different note, how the deuce did he turn 20k into 489k? I'll give him a job on my desk right now if he can replicate that strategy legally. Did he add additional funds to the original 20k deposit? That's over 2000% return in (what I am guessing was) less than a year!

His Sharpe ratio is going to triple- or quadruple-digit.

Sounds like half of all the prop traders I know--totally full of shit when it comes to telling people how much money they've made.

If I sent you a trading statement showing that I'd turned 2.5K into 25K in 5 months trading FX. Would you extend this offer to me? :D

-------------------------------------------------------- "I do not think there is any other quality so essential to success of any kind as the quality of perseverance. It overcom
 

Great idea!!!! Lets have a "Biggest Douche in the Universe" poll.

a) Jeffrey Chiang (UT Student, BoA/MS fake offer) b) Professor Scott Galloway (NYU professor, berate student) c) Mark Nazal (Duke Student, Why RBC should hire me) d) Aleksey Vayner (Yale Student, video cover letter, liar extraordinaire) e) John Edward (Crossing over, last winner for biggest douche in the universe) f) Shia Labeouf

Please feel free to add additional note worthy names.

My Choice: Letter E, John Edward

 

[quote=Marcus_Halberstram]Wow, this is fucking great. "Say you go to a great school like Fordham." Hahaha. Love the return too... good job Shia... killin it.

Don't forget his fundmentals strategy...

] Is there anything wrong with Fordham? I've worked with a few Fordham folks and nothing I've seen indicates that Fordham doesn't produce qualified graduates.

Geeze, I'm sorry he didn't mention a target school.

 
Best Response
IlliniProgrammer][quote=Marcus_Halberstram:
Wow, this is fucking great. "Say you go to a great school like Fordham." Hahaha. Love the return too... good job Shia... killin it.

Don't forget his fundmentals strategy...

] Is there anything wrong with Fordham? I've worked with a few Fordham folks and nothing I've seen indicates that Fordham doesn't produce qualified graduates.

Geeze, I'm sorry he didn't mention a target school.

Ditto... the fact is, it's non-target but it sure as hell places a good amount of people on Wall Street... Some big names include the CEO of Veritas Capital, former CFO of Blackstone, and the list goes on...

 
brotherbear:
There's nothing 'wrong' with Fordham, but it's not a 'top MBA' as TheBeef suggests. A top-tier MBA (in my mind) is H/W/S. If you take a wider view, you may include Northwestern, UChicago, NYU, Columbia, Dartmouth, etcetera, but I doubt many are going to think Fordham makes the list.
True, according to BusinessWeek, but I'll wager that 75% of the people getting irritated about the Fordham comment are college students at a target school. If you're already established, a comment like that really doesn't phase most people.

The comment does seem a bit odd. Maybe he has a hatred for Ivy Leaguers. That said, I sometimes find myself saying that Maryland has a better engineering program than Princeton and Harvard (see US News) because seeing how people react to that tends to offer a lot of insight about what people are thinking and where they are. Confident people don't really care- at least until you start talking about P&L. :D

 
brotherbear:
There's nothing 'wrong' with Fordham, but it's not a 'top MBA' as TheBeef suggests. A top-tier MBA (in my mind) is H/W/S. If you take a wider view, you may include Northwestern, UChicago, NYU, Columbia, Dartmouth, etcetera, but I doubt many are going to think Fordham makes the list.

he was referring to the undergrad school... if you've seen anything about the movie, it was filmed at Fordham's bronx campus which houses it's undergrad b-school there... not the mba program, for that I do agree, the school is weak, but for undergrad business (esp. fin and acctg) I say it's a strong program, esp. from what I've seen from Fordham candidates.

 

It really annoys me when people think investment bankers trade stocks.

-------------------------------------------------------- "I do not think there is any other quality so essential to success of any kind as the quality of perseverance. It overcom
 

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