2014 in review

In Uncategorized on December 30, 2014 at 14:00

The stats helper monkeys prepared a 2014 annual report for this blog.

Here’s an excerpt:

A San Francisco cable car holds 60 people. This blog was viewed about 2,100 times in 2014. If it were a cable car, it would take about 35 trips to carry that many people.

Click here to see the complete report.


In Uncategorized on October 17, 2014 at 06:10

CHECK OUT FLATX..Fidelity Latin America Fund.

buy on the sound of canons,

sell on the sound of trumpets.

could be a big buying opportunity , but I’d wait some.

Why Do Harvard Kids Head to Wall Street?

In Uncategorized on October 17, 2014 at 06:05

The Baseline Scenario

By James Kwak

That’s the title of a post a couple weeks ago by Ezra Klein, in which he interviewed a friend of his who went to Wall Street after Harvard. Having seen this phenomenon from a couple of different angles, I’d say the interview is right on. This is how Klein summarizes the central theme:

“The impression of the Ivy-to-Wall Street pipeline is that it’s all about the money. You’re saying that it’s actually more that Wall Street has constructed a very intelligent recruiting program that speaks to the anxieties of the students and makes them an offer that there’s almost no reason to refuse.”

When I graduated from college, I had no interest in investment banking or its close cousin, management consulting. But I went to McKinsey for reasons that were only slightly different than those of the typical Ivy League undergrad; after getting a Ph.D. in history…

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