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I've only worked for one company that I didn't run. They fired me. They paid me a six figure discretionary bonus anyway (in 1986 dollars). When I argued that th
by CurtMonash 10y ago
I've only worked for one company that I didn't run. They fired me. They paid me a six figure discretionary bonus anyway (in 1986 dollars). When I argued that this was too low, they said "Well, we did fire you."
I basically was fired for not trying to fit in. This was a Wall Street job, specifically as a stock analyst, in which you didn't work much with colleagues. Still, I didn't look or act the part of a well-dressed Wall Streeter.
Perhaps I should have changed my ways after an Institutional Investor Magazine article, written because I was the youngest #1-ranked stock analyst ever, attacked me for my clothing and personality. :)
- shostack 10y agoTotal random aside, but as someone who reached a level of prominence in that space, what are your views on the investing strategy espoused by A Random Walk Down Wallstreet, Bogleheads, etc.?
- CurtMonash 10y agoWhen I was an analyst, I put together a portfolio of 5 stocks for my parents. The value doubled in 18 months, even though 2 of the 5 went bankrupt. After I was an analyst, however, I insisted there was nothing I could do for them that was better than index funds. They ultimately felt neglected, and went to a money manager, who of course charged them a lot for underperforming the market.