Wall Street Financier: Notes from High Altitude©
He who makes a beast out of himself gets rid of the pain of being a man.
Back in 2016 I argued for a Twitter sale. Fast forward to 2021 and Twitter deplatformed me (I was suspended for 10 days with no reason / flagged TOUs violations). I now rarely use the platform. I have just under 5K followers while back in the summer of 2018 I …
There is no secret I am a thorn in the hinds of the elites. They have been exposed on this websites every chance that I’ve had. I came at no surprise to me these same elites were happy and giddy about the untimely demise of one of theirs: Tony Hsieh, …
I hope you listen to the enclosed narrated video on the subject of defeat. It’s at the bottom of the post. Growth is all that exists. Rock bottom does not exist. Defeat, dear reader, Does not exist. Everything is a move. Can you imagine what it’s like, To have a …
Some of you have written me wanting to know why the slowdown in posts here, compared with how often I was writing years ago. Some of you asked for my commentary on the international situation – the war on Ukraine. You need to know Ukraine is not the only one …
A NY Times 2018 published article The Best Sport for a Longer Life argues that tennis, badminton and soccer are the best sports for a longer life. I’m going to argue here that the following solo activities, as opposed to these popular, white-collar, “after-work” activities, are better. No, it’s not …
Bloomberg discusses a wealthy hedge fund manager’s pay, Jimmy Levin’s , 38, now CEO of Sculptor Capital Management in a Feb. 8, 2022 article “Set at 1.1%-1.5% in 2018, that figure was bumped to about 1.8% after Levin was promoted to CEO in April 2021. Eight months after he took …
Lat year saw the rise of the market’s retail MEMEs darlings: GAMESTOP, AMC, etc. It appears the SEC is now considering 1-Day settlement of trades (Barron’s, Feb. 9, 2022). One blog I’ve been following is Exec Sum. Their Feb 6th, 2022 article talks about Titan, an asset-management firm tracking and …
2021 was the year with the biggest bankers bonuses in history. From the Wall Street Journal: “At J.P. Morgan Chase & Co., compensation for investment bankers and traders rose 13%, about three times as much as the extra revenue they produced. J.P. Morgan is paying CEO Dimon $34.5 MM, $3 …
I wrote a few times on this platform about SPACs and the robbers of gilded age (wink, wink, Chamath) and so did many publications (The New Yorker, etc). It appears the SPACs boom is coming to an end ? The WSJ looked at the SPAC landscape in an article last …
Did you know that two 17-year and 20-year old sisters make more money on Social Media than most of America’s CEOs ? Only in America… America needs to be rebranded the United Ladies Garage States: where women rule and men are squirrels. From the Wall Street Journal: “Charli D’Amelio, who …
