Showing posts with label work. Show all posts
Showing posts with label work. Show all posts

Saturday, April 16, 2011

Dream Doctor: Help me out here > In January I dreamt about Tom Brokow

01/03/11

I was hired to write an article describing something which I had done & it was pretty good..... I thought. When I sent it off to person who hired me for job, s/he sent it back to me with a few cryptic notes at the bottom on two lines, very specific references which didn't make a lot of sense. There was no overall comment like I like it, I hate it, it needs a few tweaks, etc. These were suggestions like replace word #1 with word #2. Instead of fighting it, I was going to make the changes even though they didn't make much sense.

Tom Brokow stopped by for something & I asked him to read document for his comments. He made slight face indicating it was problematic & explained he was short on time. He was very polite but then he was dawdling. Tom was wearing a cowboy hat. 
 
Carol came home. Tom wanted to borrow a hammer, Carol started search. Meanwhile Tom agreed to look @ my article but I couldn't find it all of a sudden.

Can't remember who hired me but it surprised and pleased me. Don't remember why Brokow was at house but it was casual event & seemed natural. I respected his sageness.

Carol woke me up for breakfast.

Thursday, August 05, 2010

The road to serfdom > A blog entry by an ex-Goldman Sachser

Charlie Chaplin stands on Douglas Fairbanks' s...Image via Wikipedia
[...] If Wall Street investment bankers were dogs, they would flaunt their expensive collars and leashes as marks of status, [...] we were basically the trader’s little bitches, and any quant who’s honest with himself realizes that. In time, we quants developed knee callouses from genuflecting to service the traders, on whose profits our livelihoods depended. 

[...] The sad truth is: quants were the eunuchs at the orgy. We were the ever-present British guy in every Hollywood WWII film: there to add a touch of class and exotic sophistication, but not really matter much to the plot.

[...] Your entire worth as a human is defined by one number: the compensation number your  boss tells you at the end of the year. See, pay on Wall Street works as follows: your base salary is actually quite modest, but your ‘bonus’ is where the real money is. That bonus is completely discretionary, and can vary anywhere from zero to a manifold multiple of your base salary.

So, come mid-December, everyone on the desk lines up outside the partner’s office, like the communion line at Christmas Mass, and awaits their little crumb off the big Wall Street table. An entire year’s worth of blood, sweat, and tears comes down to that one moment. And the entire New York economy marches to the beat of that bonus drum. [...]  Read the rest of this interesting blog @ Adgrok