Comments on: Investing at the Moment http://longorshortcapital.com/investing-at-the-moment.htm We dividend our ad money to you. Thu, 18 Mar 2010 16:35:58 -0700 http://wordpress.org/?v=2.9.1 hourly 1 By: MTT http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-37167 MTT Fri, 10 Aug 2007 17:26:25 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-37167 i think a retail broker is that guy who sits in the cafeteria on the day bonuses hit. i think they give out pens or fridge magnets or something..... i think a retail broker is that guy who sits in the cafeteria on the day bonuses hit. i think they give out pens or fridge magnets or something…..

]]> By: Smoke and Mirrors http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36701 Smoke and Mirrors Tue, 07 Aug 2007 11:21:34 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36701 what's a retail broker? what’s a retail broker?

]]> By: mini ballerette. http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36594 mini ballerette. Mon, 06 Aug 2007 19:02:18 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36594 of course i'm real that's ludicrous! of course i’m real that’s ludicrous!

]]> By: TheUnrepentantGunner http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36398 TheUnrepentantGunner Sat, 04 Aug 2007 17:09:57 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36398 JCauto: i was giving you a hard time, and yes your excuse did. I of course am one of the bigge(r/st)idiots here, but even the Wa-chode-ia guys know what a PM is, so I thought I'd take the easy dig. As an aside: probably my favorite put-down of Edward Jones I've ever heard went a little something like this: Me: "It's about a $750,000 rollover with some outside assets, and our only real competition is Edward Jones... the guy has been working with someone there for 10 years" 60 year old Broker in Rochester in thick italian-accented voice: "Edward Jones, who the Fuck is that? Oh yeah... I think I mighta bought a suit there once!" Needless to say, the business didn't go to Eddy J. JCauto: i was giving you a hard time, and yes your excuse did. I of course am one of the bigge(r/st)idiots here, but even the Wa-chode-ia guys know what a PM is, so I thought I’d take the easy dig.

As an aside: probably my favorite put-down of Edward Jones I’ve ever heard went a little something like this:

Me: “It’s about a $750,000 rollover with some outside assets, and our only real competition is Edward Jones… the guy has been working with someone there for 10 years”

60 year old Broker in Rochester in thick italian-accented voice: “Edward Jones, who the Fuck is that? Oh yeah… I think I mighta bought a suit there once!”

Needless to say, the business didn’t go to Eddy J.

]]> By: JCauto http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36369 JCauto Sat, 04 Aug 2007 10:57:57 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36369 @ Unrepentant Gunner Neither, and we call it retail to distinguish from institutional. I figured I'd point out I was on the retail side in a podunk city as a half-assed excuse for my ignorance. Did it work? @ Unrepentant Gunner

Neither, and we call it retail to distinguish from institutional. I figured I’d point out I was on the retail side in a podunk city as a half-assed excuse for my ignorance. Did it work?

]]> By: CAPS! http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36274 CAPS! Fri, 03 Aug 2007 14:20:59 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36274 Dryer i LOVE it. Dryer i LOVE it.

]]> By: The Dryer http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36267 The Dryer Fri, 03 Aug 2007 13:03:54 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36267 Just testing to see if the typing in all caps thing moves me up from Analyst to PM. I'LL KEEP YOU POSTED. Just testing to see if the typing in all caps thing moves me up from Analyst to PM. I’LL KEEP YOU POSTED.

]]> By: The Dryer http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36266 The Dryer Fri, 03 Aug 2007 13:02:44 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36266 ALL OF YOU GET BACK TO WORK ALL OF YOU GET BACK TO WORK

]]> By: Series7.5 http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36264 Series7.5 Fri, 03 Aug 2007 12:19:40 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36264 I think PMs type all caps because of Bloomberg. It's all mike's fault, throwback to the days when everything was caps on the bloomie. do younger PMs do this too? (incidentally my PM has never used a capital letter since i have known him, but he may just be masquerading until the real PM shows up) I think PMs type all caps because of Bloomberg. It’s all mike’s fault, throwback to the days when everything was caps on the bloomie. do younger PMs do this too?

(incidentally my PM has never used a capital letter since i have known him, but he may just be masquerading until the real PM shows up)

]]> By: TheUnrepentantGunner http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36243 TheUnrepentantGunner Fri, 03 Aug 2007 08:58:00 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36243 Where are you a retail broker jcauto? sears or edward jones? Where are you a retail broker jcauto? sears or edward jones?

]]> By: Warenn Earl Bufet http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36212 Warenn Earl Bufet Fri, 03 Aug 2007 03:01:30 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36212 Mr. Juggles, I was saddened that we couldn't make the merger between Barkshire and LoS a success. It sounds like things are difficult for you at the moment. Maybe this will make you feel better. Did I ever share my model of Wall Street with you? It hit me after sitting on a large trading floor for a couple of months. Have you ever been to a tidal pool at low tide? Full of immobile molluscs and clams and other bivalves. Wall Street is what happens when a large whale runs aground on the tide pool. Not a pilot whale or a minke, I mean a really big sperm whale or even a grayback. For the next six months, year, two years even, these mussels are feasting away on the bloated, decaying whale blubber. When they're not, they're talking about how smart they were in finding this big juicy morsel of whale blubber, and how their training at Harvard Law contributed to their ability to identify choice whale blubber. They talk about their structural advantages in obtaining whale blubber and their unique blubber-related insights. The more statistically oriented mussels monitor the tracking error between the amount of blubber they're harvesting vs the overall whale decomposition rate. Some days, Modern Limpet Magazine comes around to photograph them and find out whose striped shirts they wear. A top 30 under 30 list is compiled. Then, out of the blue, the whale corpse washes away, and these barnacles are just stuck on the rock talking about how the next wave is going to bring a brand new Blue Whale back, because, you know, there's a long-term economic need for whales to run aground. Come out to Omaha, we need some good people out here. My offer for the Class C shares still stands. Mr. Juggles,

I was saddened that we couldn’t make the merger between Barkshire and LoS a success. It sounds like things are difficult for you at the moment.

Maybe this will make you feel better.

Did I ever share my model of Wall Street with you?

It hit me after sitting on a large trading floor for a couple of months.

Have you ever been to a tidal pool at low tide? Full of immobile molluscs and clams and other bivalves.

Wall Street is what happens when a large whale runs aground on the tide pool. Not a pilot whale or a minke, I mean a really big sperm whale or even a grayback.

For the next six months, year, two years even, these mussels are feasting away on the bloated, decaying whale blubber.

When they’re not, they’re talking about how smart they were in finding this big juicy morsel of whale blubber, and how their training at Harvard Law contributed to their ability to identify choice whale blubber. They talk about their structural advantages in obtaining whale blubber and their unique blubber-related insights. The more statistically oriented mussels monitor the tracking error between the amount of blubber they’re harvesting vs the overall whale decomposition rate.

Some days, Modern Limpet Magazine comes around to photograph them and find out whose striped shirts they wear. A top 30 under 30 list is compiled.

Then, out of the blue, the whale corpse washes away, and these barnacles are just stuck on the rock talking about how the next wave is going to bring a brand new Blue Whale back, because, you know, there’s a long-term economic need for whales to run aground.

Come out to Omaha, we need some good people out here. My offer for the Class C shares still stands.

]]> By: merkin http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36182 merkin Thu, 02 Aug 2007 22:59:19 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36182 @JCauto we can't believe it either @JCauto

we can’t believe it either

]]> By: To The Hilt http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36163 To The Hilt Thu, 02 Aug 2007 21:43:06 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36163 what? what?

]]> By: Lily http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36161 Lily Thu, 02 Aug 2007 21:14:06 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36161 roflcopters! roflcopters!

]]> By: DealBreaker.com http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36160 DealBreaker.com Thu, 02 Aug 2007 21:13:15 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36160 <strong>Write-Offs: 08.02.07...</strong> $$$ The Permabull's Guide to Wall Street Lingo (Pocket Edition) [Blogging Stocks] $$$ YES Said to Be For Sale; Are Yanks on Deck? [DealBook] $$$ Investing at the Moment [LoSC]...... Write-Offs: 08.02.07…

$$$ The Permabull’s Guide to Wall Street Lingo (Pocket Edition) [Blogging Stocks] $$$ YES Said to Be For Sale; Are Yanks on Deck? [DealBook] $$$ Investing at the Moment [LoSC]……

]]> By: JCauto http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36154 JCauto Thu, 02 Aug 2007 20:10:52 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36154 Good god in heaven I can't believe I didn't realize it was portfolio manager. I blame it on subprime woes. Good god in heaven I can’t believe I didn’t realize it was portfolio manager.

I blame it on subprime woes.

]]> By: Mr Juggles http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36152 Mr Juggles Thu, 02 Aug 2007 20:05:49 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36152 Portfolio Manager. Portfolio Manager.

]]> By: Coop http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36148 Coop Thu, 02 Aug 2007 18:56:11 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36148 awesome post. way to capture current market sentiment, and still remain funny. bravo awesome post. way to capture current market sentiment, and still remain funny. bravo

]]> By: Ignatius http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36145 Ignatius Thu, 02 Aug 2007 18:24:13 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36145 Portfolio mangler. Portfolio mangler.

]]> By: McDanger http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36142 McDanger Thu, 02 Aug 2007 18:14:28 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36142 Post meridian. Jesus. Post meridian. Jesus.

]]> By: JCauto http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36139 JCauto Thu, 02 Aug 2007 18:00:58 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36139 Can someone please explain to the retail broker here what a PM is? Can someone please explain to the retail broker here what a PM is?

]]> By: Mr Juggles http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36137 Mr Juggles Thu, 02 Aug 2007 17:32:50 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36137 I have no idea what causes PMs to IM in all caps. I am familiar with a few who email in all caps as well. Philosophical question: Does becoming a PM make you type in all caps or does typing in all caps make you a PM? I have no idea what causes PMs to IM in all caps. I am familiar with a few who email in all caps as well.

Philosophical question: Does becoming a PM make you type in all caps or does typing in all caps make you a PM?

]]> By: Mr Juggles http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36127 Mr Juggles Thu, 02 Aug 2007 15:50:38 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36127 MB- There were no traders in that two man act. MB-

There were no traders in that two man act.

]]> By: CAPS! http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36088 CAPS! Thu, 02 Aug 2007 08:13:15 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36088 my PM IM's in all caps too. i can't wait until I'm a PM and get to do that. it's like you're constantly stressed out and yelling. my PM IM’s in all caps too. i can’t wait until I’m a PM and get to do that. it’s like you’re constantly stressed out and yelling.

]]> By: Aspiring Mini Baller http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36062 Aspiring Mini Baller Thu, 02 Aug 2007 02:43:45 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36062 Right on McDanger. Juggles & Mini-B need to get an internet chatroom together where they can discuss inflation all night long. Right on McDanger. Juggles & Mini-B need to get an internet chatroom together where they can discuss inflation all night long.

]]> By: McDanger http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36058 McDanger Thu, 02 Aug 2007 02:04:23 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36058 I'm starting to suspect Mini-B is really Juggles' alter-ego, created to vex Johnny. Oh Juggles, you're dreamy... I’m starting to suspect Mini-B is really Juggles’ alter-ego, created to vex Johnny.

Oh Juggles, you’re dreamy…

]]> By: mini ballerette http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36036 mini ballerette Wed, 01 Aug 2007 22:09:36 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36036 Hahah come on now, everyone knows traders don't (can't?) speak in full sentences Hahah come on now, everyone knows traders don’t (can’t?) speak in full sentences

]]> By: Kyle S http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36011 Kyle S Wed, 01 Aug 2007 19:48:46 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36011 So what was their subprime exposure? So what was their subprime exposure?

]]> By: DB http://longorshortcapital.com/investing-at-the-moment.htm/comment-page-1#comment-36010 DB Wed, 01 Aug 2007 19:42:04 +0000 http://longorshortcapital.com/investing-at-the-moment.htm#comment-36010 Hilarious Hilarious

]]>