ALBERT HERTER

2014 in review

In Uncategorized on December 30, 2014 at 14:00

The WordPress.com 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.

WE BUY ON THE SOUND OF CANNONS …….

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

Originally posted on 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…

View original 1,634 more words

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