SEASON 2, thursday TV WALLSTREET WARRIORS

Quote from Justaun:

I'm a broker in the South and when I watch how Lance and his buddy work, I couldn't possibly think of opening accounts strictly over the phone. I've never lived in a big city so can someone tell me if that is how it's done. Down here we have face to face meetings before assets change hands. Thanks.
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That all depends on your style. If you feel that it can't be done, it won't be done.
 
Quote from Justaun:

I'm a broker in the South and when I watch how Lance and his buddy work, I couldn't possibly think of opening accounts strictly over the phone. I've never lived in a big city so can someone tell me if that is how it's done. Down here we have face to face meetings before assets change hands. Thanks.
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A lot of brokers here and THE SOUTH (I know several who came from firms in Florida) do things over the phone. But most times if you ever want someone to send you "real" money, a face to face meeting takes place once a relationship is established.
 
I'm a broker in philly and to market one stock is no way to run a book. And they should have taken profits at 20%+ took their commish made the clients happy and moved on.

They could also focus on a position that will never go to zero like etfs in oil, natural gas, gas etc. That way they could average in get more assets/commissions and a win win is created.
 
Was I only the one who was absolute irate with Latittys decision? WTF was she thinking.

Turning down that structured finance gig (50k euros + bonus) for the forex trading job in New York? I could not believe it. Why the hell did she quit SMB? She could have taken a 2 week leave to try out Paris and then when she realized it wasn't for her, she could have gone back to SMB.
 
Quote from TheCaymanIsland:

Was I only the one who was absolute irate with Latittys decision? WTF was she thinking.

Turning down that structured finance gig (50k euros + bonus) for the forex trading job in New York? I could not believe it. Why the hell did she quit SMB? She could have taken a 2 week leave to try out Paris and then when she realized it wasn't for her, she could have gone back to SMB.
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I agree. Someone else posted earlier that it really seems like she has very low work ethic. Too much coddling from her parents.

At the end of the episode where she's talking with her sister in the cafe, she's saying how "her life is in NY" all her friends etc. She should have majored in education or something. She wants a job that works 9-5..with weekends and summers off.

She also complains of walking up that hill. I like a little junk in the trunk, but she should walk that hill every day. If the booty is that big at 21..imagine what it'll be like at 30.

That being said, that sort of work isn't for everybody. And the guy did a great job of telling her that up front. I dont think I could do it. My college roomate did it. Now he's probably the richest person I know. The kid is liquid, 8 figures at least, and 35yrs old. MD at a top PE firm.

Probably good that she left SMB though. With the SEC cracking down on non-registered firms it sounds like their days are numbered unless they make changes.
 
I could absolutely believe it. She is not made up for that role or, in fact, for any profit driven wall street role. It was apparent from her short stint at SMB.

She looks like someone who would be happier in a career in education or the arts.

Quote from TheCaymanIsland:
Was I only the one who was absolute irate with Latittys decision? WTF was she thinking.
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Quote from limitdown:

ever noticed their opening theme song?


if only I just play the same theme song....

:D
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It sounds a little bit like a bad copy of Prodigys Firestarter.
 
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