Back To School Time

Author:: Greg Michaels
Updated:: Jan 14, 2019
Original:: Jun 26, 2009

For those of you running for cover to b-school for the next two years, you may see some familiar faces from Sunday afternoons from time to time. To stem the tide of financially ruinous behavior of its players, the NFL is sending players to classes at leading business schools. With 78% of ex-players going bankrupt within two years of retirement, the NFL wants its players to get financial advice from somebody other than the Fast Money crew (or Lenny Dykstra).
For Pro Athletes, Business School Is No Game [BusinessWeek]

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If your life goals include becoming a managing director. If they don't, go ahead, pack your bags for Camp CFA.

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Today we introduce you to the all-stars of my MBA program and yours. We seek only the top tier of characters that can singularly steal the show (and maybe $1.2 billion dollars in segregated customer funds on the side). The Questions Guy   - The guy that everyone loves to hate. In any setting -- be it the classroom, company-sponsored information session, or networking circle -- The Questions Guy always has something to say. And while it technically always ends with a question mark, we understand the sentence to have the primary purpose of demonstrating some deeper knowledge of the material at hand. Sometimes these “questions” are insightful; however most times, we blame him for wasting classroom time, stealing our thunder, or dumbing everyone down with his trifling. We envy the fact that he’s clearly getting his money’s worth of his tuition … and ours. The Open Mouth Learner - Formerly some kind of nonprofit hero, the Open Mouth Learner’s jaw dropped with his first exposure to supply/demand curves, and he has remained captivated ever since. He brings up his non-traditional background at every opportunity, even if totally irrelevant to the conversation at hand. Professionally, he drops the phrase “non-traditional background” assertively in introductions, in order to ask questions in finance networking circles. At school, he drops the phrase defensively, in order to shirk the number-crunching parts of group assignments. The Open Mouth Learner is quietly both ashamed and proud of the fact that he has gotten through life this far without ever learning fractions.

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You gotta spend money to make money.

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