lever up

rx by day, sh*tposting by night, chief ambassador @ fintwit local brews

[lever up @_LeverUp]

@CAGR_Party “You get a warning message but once you ignore it you’re money” is exactly how I got into this industry

[lever up @_LeverUp]

@FICMBondTrader the new proset mechanism is pretty neat and user friendly

but I say splurge on the ceralume white on white - it just looks better on your wrist when you’re holding a $46 lobster roll out east

[lever up @_LeverUp]

Trying to get into golf this summer after a few false starts, so if anyone in NYC is looking for a golf buddy / practice accountability partner with a flexible schedule, slide in the DM’s

[lever up @_LeverUp]

does white smoke mean that they’ve chosen a new Fed chair?

[Tommy Bostock @Tommy_Bostock]

Fire in midtown NYC https://t.co/JVD6l5mfPx

[lever up @_LeverUp]

@TMTLongShort Wdym on the podcast -> movies point?

[lever up @_LeverUp]

how the sundress-clad tinderella on her fourth lychee martini looks at me when I explain to her that the ucc in this case is actually the fulcrum constituency because debtors would not have a viable business without these vendors

[lever up @_LeverUp]

@paulswaney3 Hit me

[lever up @_LeverUp]

@Plum_Capital a holiday classic at my home mountain, they infuse the bourbon w bacon and use maple syrup as the sweetener

[lever up @_LeverUp]

PSA: there’s a piece of bacon in my old fashioned

[lever up @_LeverUp]

another mountainside bmof to round out the year

year 6/n

[lever up @_LeverUp]

year five of the bmof era

we are so back

[lever up @_LeverUp]

@milken_cookies and just like the L train, not gonna catch me in one

[lever up @_LeverUp]

every year a new analyst picks up one of our internal group newsletters

whenever they grumble I just tell them to look at Dalio, Marks, Matt Levine, and will now mention the aquarium guy to show how a little consistency and discipline can go a long way

[💥PETITION💥 @petition]

Reminder that when Howard Marks started his investor letters he was mailing them to people and had no idea whatsoever whether anyone was actually reading them. But he just kept doing it and over time he realized that it had amassed quite a following. The rest is history.

[lever up @_LeverUp]

signing up my next gf for this so we can get kickbacks for going out to dinner

also, if any bar wants to offer me permanent 30%+ off for standing dinner/dates, skip the middlewoman and just ping me directly

[cin @nonplayablecin]

Apparently date commissions are a thing

- Restaurants pay girls to bring dates
- your $500 dinner is her $160 commission
- some girls run multiple dates a night
- $8000-13000 in earnings

sry boys i don't envy you at all

[lever up @_LeverUp]

@50ontheDollar too many times have had to stop myself from ending teams calls with love ya/kisses

[lever up @_LeverUp]

it finally happened

early in my career I worked for an MD who reflexively called everyone - regardless of gender - babe… his girlfriends, other bankers, admin staff, analysts (me), etc. he used it as one would use “dude”

nearly a decade later, sad to say it might’ve rubbed off

[lever up @_LeverUp]

@inglouriouscap

[lever up @_LeverUp]

Reminds me of my old CIO reacting to portco earnings in a quarterly review with IC

“I know we discussed increasing our distressed allocation, but not like THAT”

[m. stanfield @resetbasis]

LP: We want distress

GP: Cool, here's some

LP: Jesus Christ, no. Not like that. That looks scary. We're thinking more newer vintage, distressed capital stack.

GP: Ahh...got it. Cool, here's some.

LP: Interesting, but we only want primary markets.

GP: Alright, how about this?

LP: This would be perfect if the price were lower and the going-in yield were better.

GP: Super helpful feedback, thank you.

[lever up @_LeverUp]

Sellside pleb here so take it with a grain of salt, but I think having done a couple (>1) things across a multitude of themes/industries/styles in early-mid career lets you semi-credibly say “I’ve done a bunch of work in X” to assert domain knowledge across all those things when in a group of true generalists

[lever up @_LeverUp]

the correct answer was vol. 13 btw

[lever up @_LeverUp]

asked a first year what his favorite big bootie mix was and he said asian latinas

[lever up @_LeverUp]

Wharton students tell me their professors don't understand LME 2.0 and the courses are outdated.

If elite schools can't keep up, the credential arms race is over. Self-learning is the only way now.

[Zara Zhang @zarazhangrui]

Harvard and Stanford students tell me their professors don't understand AI and the courses are outdated.

If elite schools can't keep up, the credential arms race is over. Self-learning is the only way now.

[lever up @_LeverUp]

and if the college/gpa/credential signals get diluted as a result of social policy, grade inflation, and other factors that create noise - the range of *reliable* proxies available to an employer will be factors like race, gender, and pedigree

(this isn’t an anti dei rant, it’s an argument for meritocratic and/or objective metrics to improve social mobility)

[lever up @_LeverUp]

plenty of reasons to feel down but highly advise making it outside

particularly grateful today for NYC’s semiannual week-long reminder that you can just be hot and surround yourself with other hot people