Beyond past | Wall Street Financier: Notes from High Altitude© https://wallstreetdealmaker.com He who makes a beast out of himself gets rid of the pain of being a man. Tue, 14 Mar 2023 23:51:33 +0000 en-US hourly 1 https://i0.wp.com/wallstreetdealmaker.com/wp-content/uploads/2018/12/pitbullgif.gif?fit=32%2C22&ssl=1 Beyond past | Wall Street Financier: Notes from High Altitude© https://wallstreetdealmaker.com 32 32 155119938 We are still here, even with SVB failing https://wallstreetdealmaker.com/2023/03/we-are-still-here-even-with-svb-failing/ https://wallstreetdealmaker.com/2023/03/we-are-still-here-even-with-svb-failing/#respond Tue, 14 Mar 2023 23:51:30 +0000 https://wallstreetdealmaker.com/?p=2717 The news of the week is, of course, the failure and takeover of Silicon Valley Bank by regulators. Years ago, when I talked about the widespread mess in the venture capital world, almost nobody paid attention. Now with a run on this bank, folks are mindful of some of the … Continue ReadingWe are still here, even with SVB failing

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The news of the week is, of course, the failure and takeover of Silicon Valley Bank by regulators. Years ago, when I talked about the widespread mess in the venture capital world, almost nobody paid attention. Now with a run on this bank, folks are mindful of some of the things we said [power comes at a price]. I suggest you read this commentary where Fed’s insanely high interest rate increases is to blame for this mess.

Power is egregiously concentrated in the hands of a few, and that’s never going to change.

Time is favoring the wicked. It’s the way of the world.

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Do bad things happen to good people ? https://wallstreetdealmaker.com/2021/11/do-bad-things-happen-to-good-people/ https://wallstreetdealmaker.com/2021/11/do-bad-things-happen-to-good-people/#respond Wed, 03 Nov 2021 23:34:56 +0000 https://wallstreetdealmaker.com/?p=2511 You’ve probably heard variations of this line, whether it’s “bad things happen to good people.” or “good things happen to happy people” or “You know that saying, bad things don’t happen to good people? That’s a lie. – Tori Amos. Let’s look at some more thoughts on the subject: “I don’t … Continue ReadingDo bad things happen to good people ?

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You’ve probably heard variations of this line, whether it’s “bad things happen to good people.” or “good things happen to happy people” or “You know that saying, bad things don’t happen to good people? That’s a lie. – Tori Amos.

Let’s look at some more thoughts on the subject: “I don’t believe there’s a reason for everything, and having faith doesn’t mean I’m blind. I believe people make poor choices. I believe bad things happen to good people. I believe there’s evil in the word that I will never understand, but will never stop fighting. – Tammara Webbe

Peter Kreeft says there are no good people: “That’s what’s so striking about the title of Kushner’s book: When Bad Things Happen to Good People. How is that fair? Well, the answer to that is that there are no good people.”

Nicola Yoon is getting closer:

“People just want to believe. Otherwise they would have to admit that life is just a random series of good and bad things that happen until one day you die. – Nicola Yoon

“Don’t Expect What Goes Around to Come Around. Total jerks and evil people often get all the good breaks. Being nice guarantees nothing. Good things happen to bad people. Sometimes, things just don’t “balance out” or “work out for the best.” – Paul Pearsall

Paul Pearsall hit a home run. Let me explain. I know, as do you, plenty of rotten people are not only wealthy, they live glamour lives: money and health galore. Yes, their dog and squirrel sometimes die and they cry out for their misfortune, but let’s face it, they’re like Tesla, their stock only goes up. You’re asking yourself: “Is their karma this f-ing good ? Is my karma this f-ing poor ?

Myself and the 19th Century mystic G.I. Gurdjieff are the only people who said that time does not exist.

Here’s what I do:

I shit on rich and powerful front lawn (hopefully, not literally). I stand up for the underdog. Not like fake underdogs (hello, Chamath Palihapitiya). Welcome to the only website in the world for the oppressed, underserved, unappreciated and unlucky.

I am Spartacus [hello, Grand-Father]

For the girls in our lives we have a video today:

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How to deal with rejection https://wallstreetdealmaker.com/2021/07/how-to-deal-with-rejection/ https://wallstreetdealmaker.com/2021/07/how-to-deal-with-rejection/#respond Thu, 01 Jul 2021 20:30:23 +0000 https://wallstreetdealmaker.com/?p=2435 Rejection is a major and constant part of life. I got more than a few emails from people overwhelmingly concerned with being rejected: at work, in life, etc. Since this is a lifestyle publication that has predominantly featured career advice (at least in the middle years: 2016-18), I’m going to … Continue ReadingHow to deal with rejection

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Rejection is a major and constant part of life. I got more than a few emails from people overwhelmingly concerned with being rejected: at work, in life, etc. Since this is a lifestyle publication that has predominantly featured career advice (at least in the middle years: 2016-18), I’m going to give you what I learned:

  1. If you are/were at a large or mid-sized organization (middle range businesses are those that have 250-500 employees) start looking at small sized businesses and startups.

2. Participate in conferences, developers forums, seminars and strategy forums. The more involved you are in your profession and the more you know about verticals the better. Speak to and meet your peers and avantgarde leaders.

3. Whatever your last employer, your best chances are to get hired by a competitor. This doesn’t change regardless of your industry and profession.

4. If you haven’t bought the Book of the Underdog yet, buy it. It is the best, life changing book on personal and professional development of the last decade. Now, 3 years later and into a new decade, the book still holds as the gold standard.

5. Pivot if you have to. Read the 15 Invalubale Laws of Growth by John C. Maxwell and The Big Pivot: Radically Practical Strategies for a Hotter, Scarcer, and More Open World by Andrew S. Winston.

Relationships

All amorous relationships in your life need to be dynamic. We have numerous posts here on relationships from the male perspective: do a search for 2019 and 2020 and you’ll be floored with relationship advice. We don’t follow the mainstream advice on “working in relationships” because once a relationship needs “work” (other than minor corrections) I believe the relationship should be curtailed. Things to bear in mind:

-People naturally grow apart.

-Monogamy is a myth and all the happy couples that I know have or have had, multiple lovers.

-All relationships end in breakups, hopefully the breakup is gracious and well-choreographed, eg. you have a prenup and a postnup.

-The way you got into that relationship the same way you will split up.

-I don’t recommend marriage for men. If you get married you need to clearly spell out your economic arrangement with the woman. No ambiguity. (The honeymoon phase usually ends in 6 months).

-If you’ve made the mistake of getting married and have kids, you need to obtain 50/50 custody. That is for the kids since they need both a father and a mother in their lives.

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Power https://wallstreetdealmaker.com/2021/05/power-2/ https://wallstreetdealmaker.com/2021/05/power-2/#respond Tue, 11 May 2021 21:43:50 +0000 https://wallstreetdealmaker.com/?p=2421 This is not a follow up on the Power or Power Book 2 Shows. Instead, we articulate on what true power is: "Because the person of power sees things exactly as they are, he is able to pick salients unerringly. His perceptive mind's retina reflects the situations as clearly as… … Continue ReadingPower

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This is not a follow up on the Power or Power Book 2 Shows. Instead, we articulate on what true power is: "Because the person of power sees things exactly as they are, he is able to pick salients unerringly. His perceptive mind's retina reflects the situations as clearly as…

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Women are the mouthpieces of the elites https://wallstreetdealmaker.com/2021/04/women-are-the-mouthpieces-of-the-elites/ https://wallstreetdealmaker.com/2021/04/women-are-the-mouthpieces-of-the-elites/#comments Sun, 11 Apr 2021 22:06:25 +0000 https://wallstreetdealmaker.com/?p=2406 In this weekend’s Wall Street Journal, a woman (women are the portavoz or spokesmen for the elites, as we have repeatedly said on this blog), Jesse Singal, authored the article The False Promise of Quick-Fix Psychology where she beats on the concepts of grit (popularized by Angela Duckworth), power-posing (remember … Continue ReadingWomen are the mouthpieces of the elites

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In this weekend’s Wall Street Journal, a woman (women are the portavoz or spokesmen for the elites, as we have repeatedly said on this blog), Jesse Singal, authored the article The False Promise of Quick-Fix Psychology where she beats on the concepts of grit (popularized by Angela Duckworth), power-posing (remember Amy Cuddy’s Ted Talk from 2012 and her first book, she was later shamed for her contributions) and the implicit association test (IAT), developed by psychologists Mahzarin Banaji and Anthony Greenwald.

While we have explored -and validated-the concepts of grit and power-posing here since 2013, we haven’t talked about IAT.

“The IAT is the brainchild of APS William James Fellow Anthony Greenwald (University of Washington), and he began working collaboratively on it with APS Past President Mahzarin Banaji (Harvard University) and APS Fellow Brian Nosek (University of Virginia) in the mid-1990s. Over time, the tool has led to the examination of unconscious and automatic thought processes among people in different contexts, including employers, police officers, jurors, and voters.

The US Department of Justice (DOJ) has integrated findings about implicit bias into training curricula for more than 28,000 DOJ employees as a way of combating implicit bias among law enforcement agents and prosecutors. And in a historic 2015 decision involving fair housing, the US Supreme Court referenced implicit bias in a ruling allowing federal action against housing policies that have a disparate impact as well as being overtly discriminating.”

The Bias Beneath: Two Decades of Measuring Implicit Associations -The Observer, Association for Psychological Sciences Journal, January 31, 2018

Jesse was shamely published in the Wall Street Journal. Had she used her upcoming book for toilet paper, we wouldn’t be needing to empty stores shelves like last year’s.

Meanwhile, WSJ has refused to publish me, because it might tickle the elites anti-male rhetoric.

What’s up, WSJ ? How long do you think you’re going to keep the horses blinders on us ?

Back to the WSJ article, Jesse discovered black gold with a study that found “intelligence contributes 48-90 times more than grit to educational success.” No kidding, Sherlock. Too bad Jesse doesn’t understand, or conveniently chooses to ignore grit is a less-measurably character trait while intelligence is a polygenic, inheritable, relatively easily-quantified trait. Intelligence is peaking at age 20, after which is slowly declining. Grit ? It doesn’t peak at 20, it can shoot up to the skies at 60 ! Genius Jesse is trying to compare apples to oranges. As for me I’ll stop commenting on her remarkably worthless article.

The elites are shooting at us with non-sense. They always have.

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Move fast and break things https://wallstreetdealmaker.com/2021/04/move-fast-and-break-things/ https://wallstreetdealmaker.com/2021/04/move-fast-and-break-things/#respond Sat, 03 Apr 2021 20:39:32 +0000 https://wallstreetdealmaker.com/?p=2400 The name of this December 2019 post on HBR by Greg Satelle tells it all: Why “Move Fast and Break Things” Doesn’t Work Anymore “Over the coming decades, however, agility will take on a new meaning: the ability to explore multiple domains at once and combine them into something that … Continue ReadingMove fast and break things

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The name of this December 2019 post on HBR by Greg Satelle tells it all: Why “Move Fast and Break Things” Doesn’t Work Anymore

“Over the coming decades, however, agility will take on a new meaning: the ability to explore multiple domains at once and combine them into something that produces value. We’ll need computer scientists working with cancer scientists, for example, to identify specific genetic markers that could lead to a cure. To do this, we’ll need to learn how to go slower to have a greater impact.”

Greg Satell

Does anyone in Silicon Valley listens to it ?

I doubt it.

Silicon Valley is on a SPAC ramp to scale and burn, fueled by the gasoline of SPAC fever.

We warned about the SPAC burning furnace for months.

“But the sheer volume of SPAC money chasing private companies to acquire means there’s a real risk that some SPAC mergers end up going bust. A number of companies that are considering SPACs as their route to the public market may be doing so because they have not been able to raise private capital from investors – meaning companies aren’t growing fast enough alone and aren’t able to achieve desired private capital support.

But, as a result of the SPAC boom (with over 330 SPACs currently seeking a target), some of these private companies will leapfrog into unicorn status. This could amplify SPAC popularity even further for the companies that don’t want to stay private for several more years but rather want liquidity and access to public currency now. ” –Forge Global

Tech is the cat with seven lives and seven lies.

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Reader Q&As with Max Cantor https://wallstreetdealmaker.com/2020/09/reader-qas-with-max-cantor/ https://wallstreetdealmaker.com/2020/09/reader-qas-with-max-cantor/#comments Tue, 29 Sep 2020 19:22:43 +0000 https://wallstreetdealmaker.com/?p=2269 We’ll be devoting today’s post to answering your questions. The questions come in all shapes and sizes. I selected those questions I consider to be asked by many, or as many, other readers as well. Reader Cornelius asks What is the ideal age of the women you should date ? … Continue ReadingReader Q&As with Max Cantor

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We’ll be devoting today’s post to answering your questions. The questions come in all shapes and sizes. I selected those questions I consider to be asked by many, or as many, other readers as well.

  1. Reader Cornelius asks What is the ideal age of the women you should date ?

Answer: There is no set age, at least not in my book. Young guys (20s) will gravitate towards women who are their age or slightly older. However, the formula that’s most widely used and accepted is dividing your own age by two and add a seven to it. So, if your 40 years old, 40/2 + 7 = 27. Your best bet is a woman aged 27 (or around that). But if you’re really in good shape, I say just halve your age.

2. Reader Clark asks: I’m a founder of a tech startup (medical field). How can I get some information on the investors in my field. I need to know who is reliable and truthful to his word.

Answer: Your best bet is to go to this website, VCguide where founders review anonymously fund & investor partners (NPS reviews). Lots of people use it, and I believe it is updated monthly.

3. Reader Paul says: I’m going through a divorce and a layoff. It’s tougher than nails. What would you do ?

Answer: Paul, obviously there no short and easy answer. As I had pointed out many times in this blog, you must take forget about getting married again -you don’t want to fall into that trap. Be a man. 395 articles on this blog in 7+ years should help you on your quest. It is never too late to start over.

4. How many people should I have on my team, asks Sean. Sean is a founder of his own SaaS company.

Sean I don’t know what stage your company is at, specifically which funding stage. SenovoVC has a post on it. Hope it help

“On the founder / MD level, the roles and responsibilities shall move into three classical C-level roles, namely Chief Revenue Officer (CRO), Chief Technology Officer (CTO) and Chief Operating Officer (COO including the financing responsibility)…”

SenovoVC

Keep them questions rolling people…I’ll add more to this post. if there are more than 10 questions, I’ll make a separate post.

https://youtu.be/eu1by5-BpTA

Note: I realize I said there were going to be 10 questions while I have only 4 up so far, please bear with me since this is an open post ! Thanks.

5. Best video for flexibility training no – equipment needed. This is related to a question I got on fitness routines recommendations.

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The film business slowdown https://wallstreetdealmaker.com/2020/07/the-film-business-slowdown/ https://wallstreetdealmaker.com/2020/07/the-film-business-slowdown/#respond Fri, 31 Jul 2020 20:15:14 +0000 https://wallstreetdealmaker.com/?p=2218 In a July 27, 2020 article the WSJ spotlighted the coronavirus effect on the film industry. Case in point: The Pinewood Atlanta Studios where “Avengers: Endgame” was shot. “The regime of testing for the several hundred producers, set designers, painters and carpenters will cost more than $1.5 MM a month … Continue ReadingThe film business slowdown

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In a July 27, 2020 article the WSJ spotlighted the coronavirus effect on the film industry. Case in point: The Pinewood Atlanta Studios where “Avengers: Endgame” was shot.

“The regime of testing for the several hundred producers, set designers, painters and carpenters will cost more than $1.5 MM a month once cameras are rolling and several 1000s are on the set said the studio chief executive, Frank Patterson.”

Wall Street Journal

This production company believes testing expenses “will eventually qualify for the state’s film production tax credits.”

“Workers at Pinewood Atlanta report for testing days before they are scheduled to be on the lot to allow time for results to come in. A nurse performs a nasal swab for the first test; if that first test comes back negative, subsequent tests are conducted via saliva samples.

All workers on Pinewood productions have to answer health questions via an app on their phones. A completed questionnaire and a negative Covid-19 result get an all-clear code on the app, which workers present at the checkpoint atthe studio. To open doors on the campus, workers must scan a badge; the badges only work of the weare has received a negative test result.”

Wall Street Journal

As we endeavor to move forward with my movie idea, things surely are complex.

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The Curse of The Rich https://wallstreetdealmaker.com/2020/06/the-curse-of-the-rich/ https://wallstreetdealmaker.com/2020/06/the-curse-of-the-rich/#respond Tue, 09 Jun 2020 01:10:00 +0000 https://wallstreetdealmaker.com/?p=2172 I will elaborate on the following post I did today on social media: “The curse of wealth and comfort comes with a genetic quality decline. We often see the correction attempt in the next generation (their wealthy offspring trying to mate with poor people). The curse of wealth -most often… … Continue ReadingThe Curse of The Rich

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I will elaborate on the following post I did today on social media: “The curse of wealth and comfort comes with a genetic quality decline. We often see the correction attempt in the next generation (their wealthy offspring trying to mate with poor people). The curse of wealth -most often…

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I added Ferry Corsten to Gurdjieff https://wallstreetdealmaker.com/2019/10/i-added-ferry-corsten-to-gurdjieff/ https://wallstreetdealmaker.com/2019/10/i-added-ferry-corsten-to-gurdjieff/#comments Mon, 14 Oct 2019 18:55:13 +0000 https://wallstreetdealmaker.com/?p=1850 ” I bury the bone so deep that the dogs have to scratch for it .” -G.I. Gurdjieff I came upon this controversial Armenian mystic whose body of work includes All and Everything. If you’ve never heard of him, this might spark your interest: Gurdjieff said that he had answered … Continue ReadingI added Ferry Corsten to Gurdjieff

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” I bury the bone so deep that the dogs have to scratch for it .”

-G.I. Gurdjieff

I came upon this controversial Armenian mystic whose body of work includes All and Everything. If you’ve never heard of him, this might spark your interest:

Gurdjieff said that he had answered every question that could possibly arise in a person’s mind [Wikipedia]

In his introduction to the Beezelbub’s Tales to his Grandson, Gurdjieff states the following:

Friendly Advice [Written impromptu by the author on delivering this book, already prepared for publication, to the printer.]

ACCORDING TO the numerous deductions and conclusions made by me during experimental elucidations concerning the productivity of the perception by contemporary people of new impressions from what is heard and read, and also according to the thought of one of the sayings of popular wisdom I have just remembered, handed down to our days from very ancient times, which declares:

“Any prayer may be heard by the Higher Powers and a corresponding answer obtained only if it is uttered thrice: Firstly—for the welfare or the peace of the souls of one’s parents. Secondly—for the welfare of one’s neighbor.And only thirdly—for oneself personally.

I find it necessary on the first page of this book, quite ready for publication, to give the following advice:

“Read each of my written expositions thrice:*

Firstly: at least as you have already become mechanized to read all your contemporary books and newspapers.* Secondly: as if you were reading aloud to another person.* And only thirdly: try and fathom the gist of my writings.Only then will you be able to count upon forming your own impartial judgment, proper to yourself alone, on my writings. And only then can my hope be actualized that according to your understanding you will obtain the specific benefit for yourself which I anticipate, and which I wish for you with all my being.”

Does anyone write anything profound like this Gurdjieff guy did years ago ? In our decade ? Maybe sing it ?

How about Ferry Corsten, the House/Progressive DJ ?

Did you get the lyrics in that 2013 song, Made of Love ?

Here.

Just try to break me
Take everything away
Just try to shake me
Out of my place.

Nothing’s created
And nothing is destroyed.

Just try to tame me
You’ll never find a way
There’s no containing
And no way to brake.

Nothing’s created
And nothing is destroyed.

Take it away,
I’ll never give this up
No way to break
We’re all made of love
(There isn’t a way)


We’re all made of love. Just try to save me.
There’s nothing you can change
There’s no explaining
And no one to blame.

Nothings created
And nothing can destroy

I’ll never give this up
We’re all made of love
We’re all made of love.

I’ll never give this up
We’re all made of love
We’re all made of love.

Source: LyricFind

Songwriters: Elizabeth Anne Larkin / Ferry Corsten. Made of Love lyrics © Peermusic Publishing, The Royalty Network Inc.

Onwards and forwards,

Your Man,

Max Cantor

References: Beezebub is originally refereed to as the flying devil -Mythology.net

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