How many friends to have | 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. Sat, 23 Apr 2022 00:55:56 +0000 en-US hourly 1 https://i0.wp.com/wallstreetdealmaker.com/wp-content/uploads/2018/12/pitbullgif.gif?fit=32%2C22&ssl=1 How many friends to have | Wall Street Financier: Notes from High Altitude© https://wallstreetdealmaker.com 32 32 155119938 Finfluencers https://wallstreetdealmaker.com/2022/04/finfluencers/ https://wallstreetdealmaker.com/2022/04/finfluencers/#respond Sat, 23 Apr 2022 00:55:53 +0000 https://wallstreetdealmaker.com/?p=2602 If you haven’t noticed there’s a new term in town: finfluencer(s). From Bloomberg, Sept. 21, 2021: “Wealthfront, another robo adviser, has partnered with about 15 influencers including Haley Sacks — known on Instagram as Mrs. Dow Jones — according to Kate Wauck, the firm’s chief communications officer.  “Quite frankly, they’re just … Continue ReadingFinfluencers

The post Finfluencers first appeared on Wall Street Financier: Notes from High Altitude©.]]>
If you haven’t noticed there’s a new term in town: finfluencer(s).

From Bloomberg, Sept. 21, 2021:

Wealthfront, another robo adviser, has partnered with about 15 influencers including Haley Sacks — known on Instagram as Mrs. Dow Jones — according to Kate Wauck, the firm’s chief communications officer. 

“Quite frankly, they’re just better at telling our story than we are,” she said. 

Bloomberg

Until last year, Hankwitz was toiling away in old-fashioned finance, working on mergers and acquisitions for a health care company; making TikTok videos was his side hustle. Now, he’s a hot commodity to startups and finance companies eager to reach his 495,000 followers. Some of them have also hired him for marketing advice, had him sit in on chats with the CEOs, and have even invited him to sit on the company board. “

Bloomberg

“And stock trading app Public.com offered him a monthly retainer and company equity for a contract that includes replacing the Yahoo Finance stock charts on his videos with theirs.”

So it’s not just the women parlaying their trolling for dollars, but the finfucks as well.

Tik-Tok, Tik-Tok.

Finfluencers

The post Finfluencers first appeared on Wall Street Financier: Notes from High Altitude©.]]>
https://wallstreetdealmaker.com/2022/04/finfluencers/feed/ 0 2602
How many friends should you have ? https://wallstreetdealmaker.com/2018/07/how-many-friends-should-you-have/ https://wallstreetdealmaker.com/2018/07/how-many-friends-should-you-have/#comments Wed, 04 Jul 2018 05:49:00 +0000 http://wallstreetdealmaker.com/index.php/2018/07/04/how-many-friends-should-you-have/ I have five friends (including two mentors), 30 close-circle relationships (I drop ex-girlfriends like flies)  including family and perhaps as many as 50 other “significant” acquaintances. 5000 enemies and counting (Hello, there !). Question: Should I turn some of these enemies into friends, because I seem to be friend-poor ? … Continue ReadingHow many friends should you have ?

The post How many friends should you have ? first appeared on Wall Street Financier: Notes from High Altitude©.]]>
I have five friends (including two mentors), 30 close-circle relationships (I drop ex-girlfriends like flies)  including family and perhaps as many as 50 other “significant” acquaintances. 5000 enemies and counting (Hello, there !). Question: Should I turn some of these enemies into friends, because I seem to be friend-poor ?

How many friends should you have ?

Lifehacker last March wrote about the concept of Dunbar’s number and Dunbar’s layer.

Accordingly, “humans could likely only maintain social relationships with an average of 148 individuals due to the size of our brain’s neocortex, or what’s known as Dunbar’s Number. More social information processing demands requires more cognitive resources, and we only have so much brain power. Basically, we tend to top out at having 150 meaningful relationships in our lives, whether they’re family, friends, or casual acquaintances. Your Facebook might have hundreds or thousands of “friends,” but a good chunk of them, if not most, are out of mind.” –Lifehacker

So, are you within the 150 number of “meaningful relationships” or way beyond that ? (As you can see, that is not my problem. I seem to be well below it so I am cultivating some powerful enemies).

Suggestion 1: If you are over the number, perhaps you need to speed up your hold-and-drop rate. That’s what I call the time a person stays on the list. As you move on into the world, some people need to be left behind. Some people will have more “staying power” than others.

Suggestion 2: Expand that concept beyond yourself. If you have significant acquaintances who themselves are way over the 150 limit, they’re not managing their friends responsively. More than 5 BFFs at any time is just not a good idea. Clean up on Aisle 2 !

Video: If you’re not following the David Rubenstein Show “Peer-to-Peer conversations” you are missing out. This is the guy I want to interview me. Since this video could not be played back, you’ll need to click on the link.


The post How many friends should you have ? first appeared on Wall Street Financier: Notes from High Altitude©.]]>
https://wallstreetdealmaker.com/2018/07/how-many-friends-should-you-have/feed/ 5 163