Creating Focus

Regular people are watching the Super Bowl as this post is being written. We have no interest in the game since we didn’t see a good set up for blow out odds to make money (unlike the presidential election where numbers were *emotionally* set at 10:1). Instead of writing some non-sense motivational speech on how […]

Goals Cause Depression

Many people have asked us to create another New Years post, but there is no reason to do so. New Years resolutions are likely the cause of depression across the United States (no there is no way to scientifically prove it, only basing this on experience). Unlike regular people, we don’t make resolutions, we don’t […]

Investment Banking Compensation 2016

***Update! Beat everyone to the real numbers for the second time in a row, Morgan Stanley cut by about 15% according to zerohedge and business insider. Heard it here first back in December*** We are updating compensation numbers for 2016. Excluded from this overview is investment banking analysts as the variability has not moved much. […]

Soo… We Were Right. No Surprise!

We predicted that Donald Trump would win the presidency and here we are. Over a year ago we laid out large sums of money into online gambling websites and in addition, leading up to the election, shorted the hell out of the Mexican Stock market. While we have nothing against Mexico or its people, in […]

The Future of Wall Street

For those that are in the “know” Wall Street is currently going through a major restructuring. The new issuance market (IPOs) has cooled off substantially when we compare 2016 to 2015 results and there is no reason to believe there will be a material snap back any time soon. We’ll outline our thoughts on how […]

Book Introduction – Efficiency

We polled readers for post topics. The same items came up over and over and over again: 1) money, 2) networking, 3) opportunities in the future and 4) how to maintain a healthy social life while doing all three. After large scale polling we’ve decided to create it with a completion date around July 2017 time frame. […]

Physical Commodity Trading – Guest Post

***This post is courtesy of frequent commenter Houston Natural Gas Analyst***   Physical Commodity Trading 101 The physical commodities trading space is a particularly niche segment of the overall Wall Street variety of career paths. It is extremely different from the paper trading that banks largely stick to in that you actually take delivery of the product you are trading, […]

Calculating Individual Total Worth

We know the standard “net worth” equation. Total assets – Total Liabilities = Net worth. Unfortunately this equation makes no sense at all and should be thrown away since it does not tell you anything about your future. We’ll outline a different way to determine how much you are worth. And. Hopefully, change the way […]