As you may have heard, last evening Warren Buffett was in New York, to celebrate the re-opening of the 40/40 club with his good friend, Jay-Z. A photo was taken of the brothers from another mother, in which Jay-Z excitedly examines Warren’s tie, as Buffett slips his fingers into Z’s shirt sleeve. While the reason for the latter move is unclear at this time (some have speculated that WB’s hands may have been cold and so what? Is that weird or something?), we now have a bit more clarity re: Jay-Z’s interest in the Oracle’s threads. Read more »
ties
Among The 7% Of Hedge Fund Employees Who Wear Ties To Work, Bigger Is Considered Better
By Bess Levin
According to a first year. Read more »
Last month, UBS issued a 44-page set of style commandments for its client-facing employees that included wearing flesh-colored undergarments (never anything red or otherwise flashy), not eating garlic (or anything else that might cause breath issues), how to tie a tie, how to apply make-up, what kind of cologne and perfume to use, a strong opinion against facial hair and one in favor of watches (which demonstrate “trustworthiness and a serious concern for punctuality”). Read more »
“I don’t think LaBeouf’s character [who attempted to raise capital for an alternative-energy company] was unrealistic from a personality standpoint. More Wall Street people than you’d think have that kind of beneath-the-surface idealism.“– Anonymous Goldman analyst, in a conversation with Dealbook discussing how “real” things are in Money Never Sleeps. The same financial services employee noted that “there were too many ties” and said he thought “the percentage of scenes that Jake wasn’t in the office was way off.” [Dealbook via DI]
It’s common knowledge among womenfolk that when one has a big date or otherwise nerves-inducing event to attend, the best way to tame those butterflies is to wear something that makes you feel hot (and/or do some shots beforehand). When you look good you feel good and when you feel good you can focus on the task at hand. For Mike Mayo, that date is Friday, when he meets with Vikram Pandit, the man who jilted him, for the first time in two years. Read more »
A distraught listener writes: “Bess-
I stumbled onto this Columbia Business School Vineyard Vines logo tie on the clearance rack at Century 21 the other night. It’s the same tie our investment management club gave to Buffett in Omaha last October. That tie was full price in our bookstore – $65. Century 21 is unloading it for $35.” Read more »
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SoFi Answers the Call to Refinance Student Loans and Provides Unique Community Benefits
This is a guest post written by SoFi’s CEO, Mike Cagney.
CLICK HERE TO READ THE FULL ARTICLE
Recently, there’s been a lot of talk amongst leaders in Washington about how to improve the painful process of repaying student loans. At SoFi, we feel your pain and work hard to offer more flexible, more affordable options for our borrowers. One idea that’s getting a lot of attention is increasing the options for refinancing debt after graduation. The only lender currently focused on refinancing private and federal student loans is SoFi.
We recognized early on that borrowers who have made timely payments on their loans, graduated from school, and have a job should be able to refinance their student loans at a lower interest rate. This may be why, after resuming lending by invitation, the media became increasingly interested in what we are doing.
In a recent article posted on MainStreet.com SoFi General Counsel Rob Lavet had this to say about SoFi’s ReFi products: Read more »
You know what they say: You can’t choose your family, but you can choose your financial planner. Or something like that. One of the great things of being in charge of your money is choosing who (if anyone) will help you manage it. The choice isn’t always an easy one. How will you know that your planner is reputable and trustworthy?
These five red flags may be good indications of whether the financial planner sitting across from you is someone you should trust with your money. LearnVest Planning also provides an innovative 7-step program for your money where you work one-on-one with a financial planner. To see if this program is right for you, start with a free financial consultation.
1. She Isn’t Certified
“There are a lot of good planners out there who aren’t Certified Financial Panners™,” says Samantha Vient, CFP®, of LearnVest Planning Services. “However, CFPs® are required to adhere to the CFP® Board’s standards of professional conduct.We believe it’s always a good idea to work with someone who has the CFP® designation, which is issued after completing a CFP® Board-approved personal financial planning curriculum, passing a rigorous exam issued by the Certified Financial Planner Board of Standards, meeting experience requirements and passing an ethics and background check.
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