Private Islands… Fantasy or Gilligan?

There are plenty of Wall Street guys who can drive their Mercedes-Benz S-Class Coupe over to Per Se for a nine-course meal and a bottle of Pierre-Yves Colin-Morey before heading out to their beach house in Montauk for the weekend. They’re rich and they know how to spend money. But there are only a select … Read more

Shoe Porn

The first year I pulled in nearly half a million dollars, I did what every hedge-fund trader who’s trying to climb the buy-side ladder would do: I hired two personal shoppers at Barneys. I walked into Barneys wearing baggy shorts, a T-shirt and flip-flops. The salesman saw me wandering aimlessly and asked if I needed … Read more

Taking the Temperature

Yesterday I met with a book club at a software company. And as I stepped off the elevator to the open office I instantly felt a kinetic vibe. It was alive. At first, second and third glance I noticed a gaggle of twenty-somethings buzzing about way past the five o’clock whistle. Maybe it was 6:15 … Read more

8 market superstitions: Should you be afraid?

Wall Street traders and investors have had a tumultuous August this year. And they’re ready for a new month to begin. But the new month is September, which can be a difficult time of year. We hear things like: “The back to school trade is always down,” and “Remember September always underperforms.” Is that a … Read more

Why Wall Street loves Trump…

There’s a love-fest going on between Wall Street and Donald Trump — but not for the usual political reasons. The truth is, Wall Street loves a circus — and Trump just brought it to town. “The guy is hilarious,” said one sales trader. “I can’t wait to see what he does next.” That’s the general … Read more

Six of the oldest tricks in Wall Street’s book…

The oldest trick in the book is tapping someone on their left shoulder when you’re standing on their right. It’s all about misdirection. And in the world of Wall Street, there’s no shortage of trickery. The con comes from all angles — especially in trading. It’s like stumbling into a pickpockets’ convention: Swarming children babbling … Read more

Billions

I’ve been consulting on #Billions via Showtime Networks​ for a new series. It’s been an amazing experience so far. I’m learning a lot and working with incredible talented people. Andrew Ross Sorkin​ Brian Koppleman and David Levien. Please watch the trailer