Mostrando las entradas con la etiqueta Wall Streeters. Mostrar todas las entradas
Mostrando las entradas con la etiqueta Wall Streeters. Mostrar todas las entradas

2014/10/04

The Sexiest Wall Streeters Alive!


For this year's list of the "sexiest" Wall Streeters, we decided to go in a bit of a different direction.
Instead of the typical Jamie Dimon, Dan Loeb, and Bill Ackman lineup, we scoured Wall Street for new names. Of course, we still have a few household names on the list, too.  
For the list, our guest judge Stephanie Ruhle, the anchor of Bloomberg TV's "Market Makers," helped come up with some names of the sexiest men in finance. 
If you'd like to nominate someone for a future list, please send a photo and a brief bio to jlaroche@businessinsider.com

Bridges King

Firm: Credit Suisse Securities
Education: UC Berkeley
About: King is new to the Credit Suisse mafia. This 6-foot-9 Greenwich, Connecticut, native also rowed crew for UC Berkeley.

Stefano Galiani

Firm: Bluecrest, portfolio manager 
Education: King's College London
About: Galiani is trilingual. He speaks Portuguese and Italian. He's also a sick kite boarder. He previously worked as a trader at Deutsche Bank, Morgan Stanley, and Merrill Lynch.

Liam Goodwin

Firm: Panning Capital Management, trader
Education: University of Pennsylvania 
About: Aside from trading, Goodwin is a part-time singer/songwriter and a part-time yogi. 

Justin Rockefeller

Justin Rockefeller
Getty Images/ Monica Schipper
Firm: Addepar, director of the special relations group
Education: Princeton
About: Rockefeller works for Addepar, which is one of the hottest financial tech companies in Silicon Valley and founded by Joe Lonsdale. The company is definitely on the radar of those in the hedge fund space who use its technology. 
Rockefeller is also a venture capitalist and a well-known philanthropist. He's the cofounder of nonprofit Generation Engage

Jon-Paul Rorech

Jon-Paul Rorech
Reuters/ Lucas Jackson
Firm: Stifel Nicolaus, managing director 
Education: University of Pennsylvania and Cornell (MBA)
About: Rorech, a father of three, is a competitive bike racer and a fitness fanatic. He wrestled for the University of Pennsylvania. In recent years, he has finished a number of Ironmans (140.6 miles) and marathons

Dennis Paul

Dennis Paul
Getty Images/ Rob Kim
Firm: Ancormax Income Fund, founder
Education: Columbia
About: This now-married 6-foot-5 private equity investor was once named one of NYC's hottest singles by a major fashion magazine, according to a source. This year he founded the Ancormax Income Fund, which invests in real estate and music publishing assets.
Outside of the Fund, he has built a portfolio of private technology investments including tech start ups Virtru and FashionGPS. Previously he co-founded Thyra Global, a long/short tech hedge fund. He is a trustee of the Museum of the Moving Image, and serves as Chairman of thew Board of educational nonprofit, REACT to FILM.

Arpad Busson

Arpad Busson
Astrid Stawiarz/Getty
Firm: EIM Group, founder
About: The London-based French hedge funder has kids with Elle MacPherson and Uma Thurman. He reportedly split with Thurman earlier this year.

John Utendahl

John Utendahl
AP Images
Firm: Utendahl Capital Partners, CEO
Education: Long Island University and Columbia (MBA)
About: He dated supermodel Tyra Banks for a while. Utendahl is a former Deutsche Bank executive and now runs the boutique investment bank Utendahl Capital Partners.

Michael Novogratz

Firm: Fortress Investment Group, president
Education: Princeton University
About: Novogratz is a big supporter of the wrestling community. He is an accomplished wrestler himself. He was the captain of the Princeton team and qualified for the NCAA national championships.
Before Wall Street, Novogratz served as a helicopter pilot in the US Army. Outside of work, he runs the nonprofit Beat the Streets, which builds wrestling programs in New York City public schools.

John Novogratz

Firm: Millennium Partners, senior managing director
Education: College of William & Mary 
About: As the global head of marketing and investor relations, Novogratz helped take Millennium from $7 billion to $20 billion in assets under management.
This is cute: When he proposed to his wife, who is also a graduate of William & Mary, he had an alumni brick engraved, "Tina Estes '98, Will you marry me? John Novogratz '96." 

Matt Novogratz (Yes, another Novogratz!)

Firm: RBC Capital Markets, FX sales
Education: Trinity College 
About: Matt is the youngest brother of John and Mike. He's in FX sales at RBC Capital Markets. We hear that he has some tattoos! 

Thomas Farley

Thomas Farley
Getty Images/ Neilson Barnard
Firm: New York Stock Exchange, president 
Education: Georgetown University 
About: This father of three girls played on Georgetown's baseball team. We also heard that he dominated the batting cages that were set up outside the exchange this summer. 

Trevor Freeland

Firm: Deutsche Bank, managing director 
Education: University of Virginia
About: Freeland was a swimmer for the University of Virginia. It looks like he was an Olympic torchbearer for the 2002 Winter Games. 

Now let's see who made the cut last year ...



Read more: http://www.businessinsider.com/sexiest-men-on-wall-street-2014-10?op=1#ixzz3FBCCVcYS

2014/02/07

22 Phrases That Only Wall Streeters Will Understand

By LINETTE LOPEZ AND MAX NISEN

Wall Streeters, like any other group of people, have their own language based on what they do and see every day.
That means it's a language based on money. Wall Streeters go "long" or "short" on anything and see "upside" or "downside" everywhere.
The same word for clients is also used for girls. 
Not all of Wall Street's tribes — the traders, the investment bankers, the analysts, brokers etc. — use all of these phrases. Some of them are specific to each group.
For example, if you ever hear someone say they're "junked up" on something, you can bet you're talking to a trader. That's just how they roll. Be aware.
Big shouts to Turney Duff, author of The Buy-Side: A Wall Street Trader's Tale of Spectacular Excess, for helping us with some of the definitions for the following 22 phrases you'll hear on Wall Street. This could be handy if you ever find yourself stuck behind some i-bankers waiting for a drink at Ulysses. It's hard to be in a world where you don't know the language.
____________

1. "Long"/"short"

Long and short, used to describe investments expected to go up or down, respectively, are used to replace positive or negative feelings about anything. A typical usage:
Banker 1: "I'm long seersucker, short flannel. Hipsters are a fad, my friend."
To communicate absolute certainty, a banker may say they're "triple long" or "triple short" an outcome or object.

2. "Sold!"

A sarcastic way to say "absolutely not." A typical usage:
Banker 1: Let’s watch ‘Love Actually’
Banker 2: SOLD

3. "Upside"/"Downside"

This indicates that there's a lot of (upside), or no (downside) benefit in a given situation.
Banker: "Upside of going to the Hamptons this weekend is that James is throwing a party at Pink Elephant, downside is that he's inviting my ex."

4. "A piker."

A piker is somebody who pretends to know everything about the Street but doesn't actually know anything and makes very little money working for bottom tier firm.
This term comes from the late 19th century slang verb "pike" meaning "withdraw from an agreement because of overcautiousness."

5. "Big swinging d----"

If you don't know this term, you haven't been anywhere near anyone on Wall Street. The BSD is the person that does the biggest deals, bring in the most money, and is generally a badass everyone looks up to.
The term was referenced in Michael Lewis's "Liar's Poker": "If he could make millions of dollars come out of those phones, he became that most revered of all species: a Big Swinging D*ck."

6. "Hunting elephants"

Most famously said by Warren Buffett, this means that you're looking for big deals. Here's how he put it after announcing that he would do a deal to acquire Heinz with private equity firm 3G.
"I'm ready for another elephant. Please, if you see any walking by, just call me," he told CNBC. "We're prepared. Our elephant gun has been reloaded, and my trigger finger is itchy."

7. "Buying size"

Trading big money or a large number of securities.
Hedge fund trader: "I have a friend over at Morgan Stanley that trades size all day every day. We should poach him."

8. "F-You money"

The money it would take for you to leave your job and never work again.

9. "Junked up"

This can be in reference to any security, and it means you're super bullish. Traders could also use it in real life to express enthusiasm for an object.
Trader: "I'm junked up on Venezuelan 10-years!"

10. "A clowngrade"

When a sellside analyst upgrades or downgrades a stock for a stupid reason.
Trader: "You see that Guggenheim analysts' Twitter clowngrade? You can't monetize that s--- yet!"

11. "Building a book"

Traditionally and professionally this means that you're building business, a portfolio of trades or deals.
In slang, it means collecting drug deal orders from friends to call them in.

12. "Put it on the tape"

Back in the old days, trade orders to be executed by brokers came out on ticker tape — a long roll of paper constantly printing orders and emptying them out to the trading floor. Now all of this is done by computers, of course.
However, the phrase has stuck. Now the tape isn't just for stocks or bonds though, it could be for ordering anything from food to drugs.

bankers at a club clubbing margin call
Margin Call screenshot
13. "Stopped out"

Meaning you're filled on an order and can take no more requests for anything from food to drugs.

14. "Treat me subject"

This means maybe. When placing an order for a client, a trader may say "treat me subject" to indicate that the client may have the order they want after the trader makes a phone call to double check that it's all in the clear.
The phrase is also used in everyday conversation to say maybe.
Banker 1: "We're going to Nobu 57 after work."
Banker 2: "Treat me subject."

15. "Fish"

Girls or clients, either way there are a lot of them in the sea.

16. "Not held"

In trading terms, this means you're free to go to the market. Conversationally, it means "feel free."
Banker 1: "Should we order the $300 bottle of Barolo?"
Banker 2: "It's not held, so whatever."

17. "Uptick"

An upgrade.
Say you're partying at PH-D at the Dream Downtown and your Managing Director decides to buy a bunch of bottles of Grey Goose. That is an uptick.

18. "Traded ahead"

You beat someone to the punch. It's a technical term, yes, but if a Banker 1 is eyeing a girl at the bar and Banker 2 goes and talks to her first...
The next day at the office, Banker 2 to Banker 1: "Sorry bro, traded ahead."

19. "The staffer's coming."

This would usually be salted with expletives, and followed by junior bankers scurrying. The staffer is the usually the very unhappy VP who has to give assignments to analysts and associates, often at night or on the weekends.

20. “What is your schedule this weekend?"

In most work environments, this could be a friendly question or perhaps a segue into a negotiation about working a bit on Sunday. On Wall Street, from the staffer, it means whatever plans you had are canceled.

21. "Can you give me some more color on that?

This is a request for additional details, something that you'll hear analysts ask on earnings calls. In conversation, it'd more likely be asking for details about a night out. 

22. "I'm doing market research."

Looking at YouTube.


Read more: http://www.businessinsider.com/phrases-only-wall-street-understands-2014-1#ixzz2seCTN2JO

2013/12/02

18 Horror Stories About The Killer Exam That Wall Streeters Will Be Taking Next Saturday

By 

parking meter time expired
Level I of the Chartered Financial Analyst (CFA) exam will be administered next weekend. Test-takers were probably spent their Thanksgiving holiday studying.
The CFA curriculum, which consists of three levels, is considered to be the most difficult tests on Wall Street with fewer than 20 percent of candidates passing all three on the first try.
The average test-taker also spends a solid five to six months preparing for the CFA.
And every test-taker hopes things go smoothly and according to plan on exam day. But we've heard some crazy horror stories ranging from bathroom disasters to concentration-breaking distractions.
We've included them here.  Make sure this doesn't happen to you. 

CFA test-takers witnessed a girl get locked out of the exam room after the lunch break.

"Between the morning and afternoon sections of the CFA exam, there's a two hour break.  The proctors always warn you to get back to the exam room like 10-15 minutes before the break ends because they start reading instructions for the next part of the exam right when the 2 hours is up.
In the room where I was writing Level 2, the entrance into the test center was in the front of the room, and all the test takers sit facing the entrance. There were about 300 of us.
Just before the 2 hour mark (or maybe it was right at the 2-hour mark), the proctor started reading the instructions over the loudspeakers, but the doors to the entrance were still open.
Then, one girl walks through the door in mid-instruction. She was probably right on time, but late by CFA test standards.
The proctor stops reading, and tells the girl over the loud speaker: "I'm sorry, you have to go back through the doors." The girl stepped back, then the proctor said on the loud speaker "Can someone close that door?"
Everyone watched as the door closed on the girl, who just had this blank stare on her face. You could feel the collective gasp in the room as what just happened weighed down on everyone.
That girl never came back into the room, and wasn't able to take the second part of the exam. Six months of studying and preparation for nothing.
I feel bad for saying this, but it was a distraction feeling pity for the poor girl."

A test-taker couldn't take the exam because his driver's license just expired.

I saw him in the distance sitting on one of those portable heaters with his hands in his face, he was clearly upset. I called out to him, and when he moved his hands away from his face, i saw his red and puffy eyes, like he was crying. I thought to myself “alright, he thought it was hard too, so i must have did alight”. I said “don't worry man, I talked to like 6 people in the room after the exam and they all said they did horrible, don't be so upset man, the afternoon wont be as bad”.
I said: "Don't worry man, I talked to like 6 people in the room after the exam and they all said they did horrible, don't be so upset man, the afternoon won't be as bad". 
He said: "I didn't write it, bro."
I said: "What the f*** are you talking about??" 
He said: "My license expired on May 30th!"

They wouldn't let him write because his license was expired. Can you FREAKIN' believe that?! One week expired, and it wasted about a year of his life and 1 month vacation time."

A test-taker sat by another guy with a penchant for drumming.

A test-taker sat by another guy with a penchant for drumming.
Daniel Goodman / Business Insider
"This year I sat next to a very talented percussionist. Every 90 seconds, his layered nervous tapping would crescendo as he ruthlessly beat the answer out of his calculator in a solo that would make a metal drummer proud. With the invigilators roaming, I couldn’t express my appreciation with a look or a hushed whisper. So I grabbed the right half of the two person folding table we were sitting at, pushed the middle with my left arm, pulled with the end with my right jerking the table right out from under little drummer boy. I didn’t change my expression or even stop answering questions. He jerked the table back, clearly eager to resume his interrupted concert. A half-measure in, I threw his end of the table out from under him again. After 3 encores, he got the hint."

Two proctors talked through the afternoon session of the exam.

When I wrote Level I at the Javits Center, two of the proctors stood right in front of my desk (I was front row) and chatted through the afternoon session of the exam.
If X-Acto knives were allowed in the CFA exam, I would’ve stabbed them both to death.

A CFA test-taker forgot his calculator and no one wanted to share their back ups.

A CFA test-taker forgot his calculator and no one wanted to share their back ups.
"The CFA Institute allows you to bring two calculators in case one calculator's battery dies. In the section I was in, one guy forgot his calculator.
He was sweating, his face turned purple and it looked like he was about to cry.
And everyone else in the room was pretending they couldn't hear what was going on, even though they knew exactly how the guy felt. But at the same time, nobody wanted to risk losing another year on their CFA progress. Nobody wanted to give the guy their second calculator because everyone's thinking "If my calculator dies and I fail, then I have to wait a year to take the test again."

A test-taker showed up at the wrong location.

A test-taker showed up at the wrong location.
Showed up at Javits last year with one of my study buddies:
Me: I’m in section JJJ. What about you?
Him: I’m in A5.
Me: I don’t think it works that way. They’re all three letters, right? Let me see your ticket…Yeah, OK, you’re not taking the exam here.
Him: What?
Me: Yeah, dude, you’re up in midtown at the Hilton.
Him: How can that…how did I..
Me: Stop floundering, get outside and get in a cab right now, idiot. Go. GO! [shoves him towards door].
Him: Shiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii-
So yeah, that was fun.

One CFA test-taker made the whole room smell like Burger King.

"After the morning session we seemed to have access to the testing room and could just wander back in after the break. When I entered the testing room one guy is sitting at his desk EATING BURGER KING!!! The testing room smelt like his lunch??????"

A test-taker cut his hand changing the batteries in his calculator.

My buddy had to change batteries during the exam. He thought he was covered since he brought his screwdriver. He said during the exam he cut his hand pretty bad when his hand slipped. Had to write his first half of his Level I with blood all over his desk.

A bunch of test-takers got screwed out of a little cram study session during the two hour break when hotel staff decided to throw all their backpacks in a massive pile.

"The test site was at a hotel in Midtown New York a couple years back.
Everybody brings their notes to the CFA exam in hopes of cramming during the two-hour break in the middle of the exam.
The institute doesn't allow you to bring bags into the exam room, so everybody assumes there's a bag check of some sort. But there wasn't one at this hotel so everybody left their bags outside in the hallway.
Apparently the bags were a fire hazard, so during the first part of the exam the hotel staff essentially bulldozed all the backpacks into an empty ballroom. There were hundreds and hundreds of backpacks in huge mounds in no organized fashion.  It was f---ing chaos. No one could find their bag, and people were furious."

A test-taker was in a fix after eating breakfast that upset his stomach.

A test-taker was in a fix after eating breakfast that upset his stomach.
Wikimedia
Bad past experiences at Level 1: I went to a bagel shop in the morning for breakfast. I thought if I had a good breakfast, it would hold me through the morning. It was a bad idea. I had to go to the bathroom so bad in the morning session and was so far away from the bathroom. It took a good minutes and killed me on the test.
I know someone that went to a fast food restaurant for lunch during the level 1 exam since it was the only thing near the test site. Apparently it was not the most sanitary fast food restaurant in town. Needless to say, he didn’t even come back for the afternoon session.
My advice….pack your own lunch, make your own breakfast and eat only things that really agree with you. You don’t need to have those problems on exam day. Also don’t drink too much coffee or tea or anything else for same problems noted above.

Test-takers witnessed one of their own drop his calculator in the urinal. He retrieved it and used it for exam.

Test-takers witnessed one of their own drop his calculator in the urinal. He retrieved it and used it for exam.
From a Business Insider tipster: 
"The afternoon session is about to start, so folks make their last minute run to the bathroom.  I’m in the bathroom and a fellow Level I candidate steps up to use the facilities (the urinals go all the way to the floor).  Candidates are carrying the various test-day items (calculator, passport, exam registration, etc.), and this particular guy didn’t seem to have any pockets.  So with hands full, he decides to put his belongings on the counter near the sink.  Not more than five seconds later, I hear all of his things drop to the floor.  The worst part: his calculator hits the floor, the case shoots underneath the sink…and the calculator flies right into a urinal.  The look on his face was priceless.  All of us stare at the ill-fated calculator, then stare back at the poor guy, who says what each of us were thinking – “I gotta have it. I can’t not have it”.  The poor guy uses some paper towels, grabs the calculator, rinses it quickly in the sink (but not too long for fear of ruining the batteries), and hurries out to the exam room.
"As I look back at this funny incident, I can’t help but think two things: (a) I would have done the same thing.  The calculator is your lifeblood for this test. (b) The guy never did use the bathroom.  That had to be a tough (and gross) afternoon session." 

A test-taker was in the Holland tunnel headed to New Jersey and realized he was supposed to take the test in Long Island.

A test-taker was in the Holland tunnel headed to New Jersey and realized he was supposed to take the test in Long Island.
Wikipedia
From a BI commenter named Cameron: 
"I took a company car with a fellow employee to New Jersey for level 1. He was taking the test at the Continental Arena. Midway through the Holland tunnel, I realized I was taking mine at the Nassau Coliseum. Cabbie dumped me off in Weehawken. Somehow, I called a cab service, he booked it to Long Island, and got me there just in time before doors closed. Heart attack city. I passed, I don't how, because I was shaking for the first hour of the test." 

One guy was so preoccupied by the CFA that he opened his car door into oncoming traffic and nearly had it ripped off.

From a Business Insider tipster: 
"The night before my Level III exam I went out for dinner. I was so preoccupied with the exam, I opened my car door into a car coming up behind me. It nearly ripped the driver side door off. Then it wouldn't close all the way. Instead of dealing with it, I drove it back to the hotel with my arm out the window barely holding the door semi shut. I parked it/wedged it driver side door against a street light in the hotel so no one could get in it and crawled out the other side and locked the car.  Obviously it was NOT a good night’s sleep before the exam! 

A test-taker answered his cell phone in the middle of the test and still didn't get kicked out.

"A mobile phone rang during the afternoon session down in the Level 1 section. The guy actually answered and told the caller he was in an exam and couldn’t talk …… WTF!!! The proctor took the phone and placed it at the front of the room - did not seem to take any other action. THEN IT RANG AGAIN ABOUT 1 HOUR LATER at which point the proctor turned it off."

Some test-takers have complained that the Excel Centre in London test site is near the airport so they can hear the airplanes overhead.

I noticed the drilling and the Aeroplane’s flying over as well. Not to mention the guy with the tap-dancing shoes running to the toilet and back.. twice

Some test-takers were wearing high heel shoes that echoed throughout the exam room.

Some test-takers were wearing high heel shoes that echoed throughout the exam room.
AP
My favourite parts were when people with high heel walked up to get some water or go the bathroom. Concentrating during the exam, my brain did block out some of the minor sounds but the high heel sound got into my head and I picked it up whenever someone walked past and it would last a good 30 to 60 seconds, both ways.
I know it’s a bit silly but high heals should be discouraged in the exams. And if you do have to wear them and walk about during exams, please do so as a duo. Also both (you and your friend) will have to gallop across the exam hall to give the illusion that a horse is running through the exam hall. That way it will not only be distracting but amusing too.

In 2004, a test-taker claimed that another guy had diarrhea in the sink.

In 2004, a test-taker claimed that another guy had diarrhea in the sink.
Youtube
I am waiting for the bathroom in this massive line about 10 minutes before the start of the exam. There is this guy panicked out of his mind in line ahead of me who I noticed for the previous half hour had been rocking back and forth in the corner of the lobby murmuring his notes back to himself from memory…a real whack job.
Anyway, As I am standing in line with this guy in front of me he starts to sweat profusely and I can literally hear this guys stomach rumbling…this is where he really freaks out. He starts pounding on the stall doors ( there were only 2) and, of course, no one is coming out so this a-- clown drops his pants, hops up on the sink, and blows s--- all over the sink! The most disgusting thing was the back spray all over this guy! He was COVERED in his own  s---. I am laughing my a-- off but this guy didnt miss a beat, he rinses off his pants, throws his shirt in the trash and walks into the test wearing only his windbreaker and wet pants.

Another guy claimed that he squirted lemon in his eye and stumbled into the bathroom and used the soiled sink.

I’[m] squirting lemon in my iced tea (for a little caffeine pick me up) right before I walk in to the exam center. Some of it squirts the wrong way, gets me in right in the eyes and I literally, can’t see a thing. I ask someone to help me get to the bathroom so I can rinse my eyes. I feel around for the sink, run the water and immerse my face in the sink, and to my horror, it’s full of s---! I scramble to find a paper towel and the bin’s empty! At this point I go rummaging through the garbage in sheer hysterics to find anything to wipe my face, and to my relief I find a discarded shirt. I wipe my face as quickly as possible w/ the shirt, only to find I’m caking on more s---, and now I can’t see again. I was totally confused until Cooper’s post put the pieces together for me. BTW I think I did ok in the morning session, afternoon was a little tough.


Read more: http://www.businessinsider.com/cfa-horror-stories-2013-5#ixzz2mJgkVosL