Wall Street Financier: Notes from High Altitude©
He who makes a beast out of himself gets rid of the pain of being a man.
Haters are a common thread these days so we must develop our own “hater-science”. Haters are of two kinds, broadly: I. Visible (known) and II. Invisible (pilfering and rampaging behind the scenes) Three things we must know about haters: 1. Haters were lovers before they became haters. 2. Haters are …
I know we have a few Games of Thrones fans on the site. I don’t know if we have any science fiction fans, not counting myself and some odd fellow who calls himself Yoda. I have been going through the science fiction novel Empire of Silence: Sun Eater: Book One …
A reader by the name of Kim send me this email: “Max, I thoroughly enjoyed reading your book last month. On your Chapter on psychopaths, you’ve cleverly described those traits and the three CEO commandments. Your tale of your former banker Mark Donaldson, Lufkin & Jenrette where you coin the …
Reader Tom writes in an email today: Yesterday Elon Musk taunted the SEC calling it “Shortsellers Enrichment Commission”. Today, David Einhorn of Greenlight Capital “Like Lehman, we think the deception is about to catch up to TSLA,” Einhorn said in an investor letter Friday. “Lehman threatened short sellers, refused to …
They usually keep this information secret. Silicon Valley bosses keep a closed lid on what they make. Their take-home is hidden from the public, even more hidden from the rank-and-file. BusinessInsider recently published Andreessen Horowitz data of “annual surveys of more than two-dozen executive search firms about more than 4,000 …
There are a few dummies out there who peddle activity-based “membership clubs” for people to become “tough and resourceful” in the style of “black ops” and “Jason Bourne skills”. Towards that they charge you thousands of dollars, of course. Suffices to say that doesn’t make anyone tougher anymore than visiting …
There’s an Open Letter to Goldman CFO from Albert Meyer of Bastiat Capital and the reply received where the author criticizes stock options awards to employees and discusses the case of not only Goldman Sachs but Wells Fargo, BofA and others. The author argues against equity-based compensation for employees and …
Bad Blood by John Carreyrou is a recommended reading here at Wall Street Financier. It is quite possibly the best business book of 2018. The foundation of deep thinking and great investigative journalism is skepticism. Carreyrou asked himself the common sense question of how was it possible that a college …
Long-time readers will notice this post comes after you’ve paid for the article. There’s some reasoning behind it. After blogging for free and for all for over 5 and 1/2 years, I’ve come to the conclusion this is is not the best model for the blog. I realized that you… …
The Economist has a video going around for the past few weeks with the title “Sperm counts in the Western world are in rapid decline. But nobody knows why.” The video message is a relay of a Reuters report published in the Scientific American last year. “Sperm counts in men …
