Monday, September 13, 2010

Wall Street: Money never sleeps

If you want to access to the best of propriety trading brains, be an actor.

He impressed those around him by enthusiastically researching the heady world of proprietary trading, arriving in Manhattan 2½ months early to learn the ropes. And the attitude.

"It is a live-by-the-seat-of-your-pants mentality," he says. "I talked to a lot of Goldman Sachs people, and one of the requirements of getting a job takes place in the first five minutes of an interview. They take you out to eat. The minute the menu hits the table, if you can't order within 30 seconds, you don't have the job."

Being in the new Wall Street had some side benefits, such as when he put his newfound trading skills to work. "I opened up an account when I first met Oliver," LaBeouf says. "It was $20,000. This morning, it was $297,000."

Wow, the Transformer kid turned 20,000 into 297,000. He did not mention what was the duration of return period. Shame on you pros if you can't beat the kid who is just an actor or the kid may bullshit everyone.

Anyway, I'm looking forward to watch the movie next week, coincides with Lehman Brother bankruptcy 2nd anniversary. Greed is good!?

1 comment:

tohff7 said...

Yes, for the lack of better word. lol