Especially when he's working his ass off to make this company big money and no one seems to give a baker's damn. Here's a tip from the Mayo Jar: When Fortune All-Star Analysts talk, you listen.

Morgan Stanley, trading at less than half of its liquidation value, could be worth as much as $32 a share in a breakup, said Michael Mayo, an analyst at CLSA Ltd. Short-sellers betting against Morgan Stanley would be “blown to Neptune” if the New York-based investment bank heeds calls for the biggest U.S. financial firms to be split into pieces, Mayo, 49, said yesterday in an interview on Bloomberg Television’s “Street Smart.”

James Gorman, Morgan Stanley’s chief executive officer, said last week that the firm will continue to shrink its fixed- income trading unit, cutting so-called risk-weighted assets 30 percent from the third quarter of 2011 by the end of 2014. Mayo said that reduction should be closer to two-thirds. “This is not a tough call,” Mayo said.

Morgan Stanley Stock May Be Worth $32 In Breakup, Mayo Says [Bloomberg]