So there's this blogger who's been toiling in obscurity until this very moment. We know you've never heard of him so lets take a look-see at the fruits of his digital labor. He came to our attention from his advertisements on facebook.
Frankly this kid is us in a previous life. Three internships in Banking. He incessantly quotes Wall Street (the movie, not the actual street, or people who work in finance), his blog has a random Wall Street quote generator. He's working in Financial Sponsors at a bulge bracket bank, and he's proud of it. With 95.76% certainty we predict he's an incoming analyst (read pre-frosh) at Credit Suisse.
We submit for your consideration "The Prince of Wall Street."
1) He’s has a deep appreciation for the business of finance. "Whenever The Prince hears bloggers or financial "professionals" reading charts and talking about breakouts, support, momentum, resistance, chart patterns, or any number of goofy names for the shapes that charts make he immediately begins to smile.”
2) He's smarter than Steve Feinberg. "Cerberus sure has been busy recently putting out fires on the deals they did when the LBO game was at its peak. Cerberus' troubles are illustrative of the tendency of private equity firms to throw caution to the wind when money was cheap before this summer. Cerberus is getting is now getting its just deserts for the Hubris it and other private equity firms exhibited."
3) He has a keen grasp of the industry. "With 1,400 seats, 2,000 computers and 5,000 monitors, the UBS trading floor is noted by the Guinness Book of World Records as the largest single trading floor in the world.” (That would be UBS trading floor in Stamford. We all got this spiel during campus recruiting. Everyone knows UBS has the world’s largest trading floor. Bonus points for not being afraid to be obvious!)
Keep your head down young sprout or you could find yourself blogging full time, ahem.
--Everett Stuckey, DealBreaker adviser to i-bank analysts.
Posted by A-Non , Jan 11, 2008 4:03PM
Yet another upcoming tool who will spend plenty of nights waiting outside some beat nightclub, blowing his bonuses on bottles of grey goose, and trying to convince himself that the hags that humor him, by providing company to him for a free drink, actually like him. I say it's fine to be a geek, and to make a lot of cash doing so, but these guys should be smart enough not to fool themselves into actually thinking they're cool.
Posted by mrpink , Jan 11, 2008 4:10PM
What's the matter with a good ol sorely overpriced bottle of GG?
After marking my bond spreads to the 3pm close, I'm going to need a few bottles.
Posted by Nominate me , Jan 11, 2008 4:12PM
http://www.princeofwallstreet.com/2008/01/03/technical-trading-strategies-are-baloney-heres-why/
Is this our Random Banker, dropping it on "the Prince"? If so, keep us updated on your quest to expose him for the douche he is.
Definitely take a look at the champagne post. Douchetastic!
Posted by anon , Jan 11, 2008 4:18PM
how do you know he's going to CS?
Posted by Comment Poster , Jan 11, 2008 4:18PM
More posts from Beth, please. We all just skip the other ones.
Posted by big r , Jan 11, 2008 4:23PM
feed him to the wolves why dont ya
Posted by , Jan 11, 2008 4:23PM
seen one of his posts on technical analyst on seekingalpha.com....check it out....pretty funny.
http://seekingalpha.com/article/59187-why-technical-analysis-is-nonsense
Posted by the dude , Jan 11, 2008 4:24PM
UBS's floor is in staMford connecticut. Go back to the left coast, noob.
Posted by @ 4:18 , Jan 11, 2008 4:25PM
AGREED- most of the other posts are useless...also, lets try to refocus the age group please...posting abt a random blogger, who is not yet out of college, really down markets the age group of the target audience... is the is the wall st version of Seventeen mag??
Posted by @ 4:18 , Jan 11, 2008 4:25PM
AGREED- most of the other posts are useless...also, lets try to refocus the age group please...posting abt a random blogger, who is not yet out of college, really down markets the age group of the target audience... is the is the wall st version of Seventeen mag??
Posted by the dude , Jan 11, 2008 4:25PM
UBS's floor is in staMford connecticut. Go back to the left coast, noob.
Posted by the dude , Jan 11, 2008 4:28PM
UBS's floor is in staMford connecticut. Go back to the left coast, noob.
Posted by , Jan 11, 2008 4:32PM
ZZZZZZZZZZZZZZZZZZZZZZZZ
Posted by BSD , Jan 11, 2008 4:34PM
@4:18,
Look up "Everett Stuckey" on Facebook. Seventeen might be a bit kind. DealBreaker is now the Gary Coleman network.
Posted by , Jan 11, 2008 4:35PM
AGREED AGAIN - Let's try and stay off lending credence to the tiny pecker rookie and concentrate on the much more pertinent news of the day. The sh*t smearing campaign currently underway at MER.
Posted by , Jan 11, 2008 4:58PM
ahahahahahahhaha
The Prince of Wall Street is a senior at a prestigious college (i.e. think Williams, Harvard, Princeton, Amherst) awaiting the start of his first full-time job as an investment banking analyst at a prestigious bank (i.e. think Morgan Stanley or Goldman Sachs). His blog provides finance commentary, news, and gossip. It also shares trading ideas and the rationales behind the themes that motivate the ideas.
The Prince spent three summers working for an investment bank and signed on to work full-time in the Financial Sponsors Group of a top Investment Banking Division. He has also worked in Prime Brokerage sales at the best Primebroker on Wall Street for two summers so he has a good grasp of hedge fund industry dynamics. Last summer he worked in the Financial Sponsors Group providing LBO and M&A advice to top private equity firms.
His blog, Prince of Wall Street, has recurring features such as "King of the Week", "Trade of the Week", "Book Review of the Month", "Blog King of the Week" , and "Heard on the Street".
If you would like to contact The Prince directly with questions please email him at princeofwallstreet at gmail dot com
Posted by Calgary Schmooze , Jan 11, 2008 5:21PM
"Last summer he worked in the Financial Sponsors Group providing LBO and M&A advice to top private equity firms."
If top private equity firms are taking advice from interns for 3 or 4 months before said interns head back to school to finish their senior level courses, then we should not be worrying about banging our heads because of the level of the bar but should be worrying instead about breaking our ankles.
Posted by , Jan 11, 2008 5:21PM
now this is classic!! from his "what to give a banker for christmas list"
9) Bottle Service
If you are willing to throw down the AMEX to make him feel like a baller for a night then I don’t see how his friends and him could say no. Get dressed up with him and have his colleagues help choose the venue. I am not going to even try to name the hot spot to head to since the attractiveness of all the nightclubs catering to the banker class is constantly in flux. Marquee or Joshua Tree are the first two that come to my mind.
Posted by , Jan 11, 2008 5:23PM
i think seth peck writes that blog.
Posted by Less Stuckey Please , Jan 11, 2008 5:31PM
Now I understand why Mr. Stuckey's posts seem so amateurish. He's a teenybopper. He graduated in 2005, from Indiana, according to Facebook. Yes, Bess is also a teenybopper, but we give her a pass for being so young, because she's actually funny.
I guess DB needs filler since John and Bess seem to be around much less these days. (What's with that? Did you both get new jobs and DB is part time now?) But your new tadpole is a little too light in the experience department. Please. Less Stuckey. Or better yet, no Stuckey.
Posted by , Jan 11, 2008 5:35PM
5:31 - The voice of the unsilent majority
Posted by Lame , Jan 11, 2008 5:43PM
Why don't you go blow this kid if you like him so much. Dealbreaker
Posted by Man , Jan 11, 2008 5:45PM
Wow; it's just a child really enthusiastic about Wall Street, envisioning the Wall Street glorified in movies and books, but having not spent any time in the doldrumic cubicles researching on either the buy side or the sell side, he's really not in touch with reality. But that'll come with time as he matures.
Posted by not patel , Jan 11, 2008 7:50PM
By putting Williams and Amherst in the same category as Harvard and Princeton...it can be established that this prince goes to one of these LAC's.
Both of them are good...but no one at Harvard or Princeton compare themselves to Williams or Amherst...rather it's the other way around.
Posted by paulrevere , Jan 11, 2008 8:31PM
The writing reeks of a FOB (or maybe vayner?). "My favorite hobbies are wine..." Awesome!
Posted by Williams '07 , Jan 12, 2008 1:43PM
Please, please, please don't let this douche be a kid from Williams.
Posted by , Jan 12, 2008 6:14PM
BOUNTY:
I will provide an appropriate bounty (believe me it will be good) to anyone that gets this kids real name, and outs him before he starts work.
Posted by V , Jan 12, 2008 10:34PM
I have the name...
Posted by V , Jan 12, 2008 10:52PM
I dunno if Panoma college is the best, however it's fitting =D.
Posted by bounty hunter , Jan 14, 2008 7:48AM
Heard from a friend he is Dartmouth '08. Trying to get name.
Posted by V , Jan 14, 2008 11:38AM
grrr... I already found it, I want to write the expose for Dealbreaker.