Rich Handler

CEO Jefferies. “Be a good person."

[Rich Handler @HandlerRich]

@AlbertBourla You’re wonderful. Thank you for sharing your wisdom with our @Jefferies clients!

[Rich Handler @HandlerRich]

The more I think about it, while @DanielSLoeb1 was opening up savings accounts, I was working on the liquidation of Drexel (1990) during the day and spending all night (for 3 months) photocopying the hundreds of binders listing all holders of the junk bonds Drexel sold. Since Drexel closed, I had to start over from scratch. We used the copied holders lists to make markets, provide research, and begin investment banking at @Jefferies. 35 unemployed Drexel people came w us to this small (but great) third market agency equity trading firm. Jefferies gave us virtually all of their risk capital ($35mm), an amount I found unfathomable that anyone would trust us with. I was 28. Met Dan a year later. Crazy.

[Rich Handler @HandlerRich]

I vividly remember you doing this and I also recall thinking, “what 20-something-year-old even thinks about doing this?” Definitely a harbinger of things to come.

[Rich Handler @HandlerRich]

I vividly remember you doing this and I also recall thinking, “what 20-something-year-old even thinks about doing this?” Definitely a harbinger of things to come.

[Daniel S. Loeb @DanielSLoeb1]

In 1989~1991, I traveled the country putting deposits in mutually held S&Ls. At the time my net worth was under $10,000. I put the better part of my life savings in passbook accounts and CDs in the expectation that they would one day go public and that I would have the capital to participate in the IPOs which usually allow for investments of $250k-500k
A number of them went public during my days at Jefferies working for @HandlerRich in ‘91-‘94 allowing me to make enough (along with some generous bonuses from my employer) for my grub stake which funded the GP capital to launch Third Point on June 1, 1995. 35 + years later I have maintained all the accounts and periodically participate in the offerings to this day.

[Rich Handler @HandlerRich]

@exec_sum @litcapital Not true. Not arranging any shorts.

[Rich Handler @HandlerRich]

Jefferies is not promoting any shorting activity regarding any IPO.  Any suggestion to the contrary is WRONG.

[Rich Handler @HandlerRich]

Welcome @Jefferies 406 global analyst and associate summer interns (largest ever) representing 144 colleges, universities, & business schools. The markets are wide open so let's get to it! $JEF

Read the full letter here ➡️ https://t.co/RoGQd8evxn

[Rich Handler @HandlerRich]

@GavinSBaker @PatrickMoorhead You succeed.

[Rich Handler @HandlerRich]

Dan was not a broker then. He researched a very complex situation (unanalyzable most said) and figured out the value and how it would be realized. The smartest clients (including Farallon) listened. The rest of us were the brokers who quickly realized that unfortunately for us, Dan was destined to do his own thing very soon. Facts.

[Rich Handler @HandlerRich]

@DanielSLoeb1 5% per side.

[Rich Handler @HandlerRich]

I dreamt last night that I traded $500k of a distressed bond for @DanielSLoeb1 and he caught me working for 4 points. I don’t know if I owe him $20k or if I have PTSD flashbacks from 1992.

[Rich Handler @HandlerRich]

@Ninadrama Chairwoman of the Board!

[Rich Handler @HandlerRich]

Turning that frown upside down during a period of complex issues. $JEF 🌤️

"It is so easy to get pulled into the abyss. We continue to be bombarded by large headlines: two major wars, $100+++ oil prices, AI displacing jobs and possibly opening the door to new cybersecurity issues, an upcoming U.S. midterm election, and violence as a daily reality in many parts of the world." Read the full letter here https://t.co/iP2Eb9kq5l

[Rich Handler @HandlerRich]

@BillAckman Just the beginning. Congrats and enjoy the amazing milestone. 💪🏼

[Rich Handler @HandlerRich]

Jefferies response to a complicated world with painful and volatile financial markets: Meet Ale Requesens - @Jefferies Associate, Paralympian, and reminder of what’s possible when courage, grit, and optimism lead the way! $JEF 💙🌍⛷️

Read the full note here ➡️ https://t.co/8Cn91UvfTU

[Rich Handler @HandlerRich]

Am I the only one who feels like I accomplished something by charging my Oura ring? ⭕️

[Rich Handler @HandlerRich]

We will embrace AI in almost everything we do at @Jefferies, but our world will revolve around people. $JEF

"Clearly there is endless potential in the constantly evolving and breathtaking advances of artificial intelligence. Many of us, as well as Jefferies overall, are embracing these advances with purpose and excitement, and are already seeing how this technology can make us better at what we do and in how we live. That said, there is an uncomfortable feeling many are experiencing that knowledge workers will now be replaced by technology that is smarter, faster, more accurate and indefatigable than any of us.” Read the full letter here https://t.co/LgsRDmSe6q

[Rich Handler @HandlerRich]

@BillAckman @DrEliDavid Who was the hungry junior retail stock broker who gave you the idea? 📈

[Rich Handler @HandlerRich]

@ScottWapnerCNBC @Gord2100 @HalftimeReport So he’s saying he was so captivated by the first half that he was paralyzed by half time?!

[Rich Handler @HandlerRich]

Our @Jefferies 2025 Annual Shareholder Letter hot off the press....

"With apologies to Charles Dickens, 2025 was neither the best of times, nor the worst of times, but it was, indeed, a tale of two halves. The first half was downright mediocre, as our heightened expectations for increased capital formation and strategic transactions failed to materialize due to a “complex” environment. The second half, while not yet “great,” saw the macro and regulatory environment calm, which paved the way for what we believe may have been the true beginning of a long overdue period of constructive strategic activity and new issuance in the capital markets." Read the full letter here https://t.co/THKSBaQwUJ

[Rich Handler @HandlerRich]

@jawwwn_ Other bankers don’t like me either, perhaps for dif reasons. Maybe we should hang sometime? 😄