October 2012

The Baghdad Bob of Redmond, Washington

OK, so Steve Ballmer. He just said this publicly: “I don’t think anybody has done a product that is the product that I see customers wanting,” Ballmer told CNBC during a recent interview. “You can go through the products from all those guys … and none of them has a product that you can really…

Sandy as Stimulus?

I’m of the opinion that four years of writing taxpayer-funded fucking welfare checks and spending trillions on unemployment benefits was the dumbest possible thing on earth when you consider the state of the nation’s crumbling infrastructure and the social benefits inherent in putting people to work rather than keeping them in a perpetual state of…

ain’t found a way to kill me yet…

Greetings from the TRB Mobile Command Center aka my mom’s real estate office’s conference room, which miraculously has power while 80% of Long Island is dark, some 900,000 households and businesses. I took my first shower in three days today, ice cold but a pleasure nonetheless. The kids are eating Starburst and bottled water for…

Wall Street Eats Its Young / Make Them Pay

The following posts originally appeared on 8/10 and 10/22 respectively. They are two parts of a whole idea, a complete thought regarding the current and inevitably worse decline of the Big Firm wealth management hegemony that myself and my colleagues scratch and claw away at daily. Enjoy – JB *** Wall Street Eats Its Young…

An Earnings Early Warning System

I met a few dozen readers out in Los Angeles at an event last Wednesday night, most of them were asset management industry colleagues (and male. Like the bands Primus or Rush, I don’t get many female fans at my “shows”  – sad trombone). But it was awesome, we had a lot of fun and…

If we lose touch…

There’s a storm coming. Analysts are saying all sorts of stupid shit about it for attention (it’s unprecedented!) Read more about that from Alexis Madrigal here: Why Sandy Has Meteorologists Scared in 4 Images (The Atlantic) But I’m not so worried. I live by the water on the south shore of Long Island, the marina…