Many have commented on how Wall Street manages its human capital. When times are good, people are hired with abandon; when times are bad, the baby is tossed out with the bathwater. It may be that ambition and energy are more valuable attributes of human capital than experience and wisdom. It may also be that some of the recurring cycles the industry experiences are due, in part, to the continued departure of those who have long suffered the indignities of the markets. Given the time it takes to "learn" the markets, it seems a terrible waste to let this valuable knowledge walk out the door. Why expose the institution to the market risk of inexperience when a guiding seasoned hand is available? There are a range of functions that would benefit from their knowledge; risk management immediately comes to mind. Regulators should also be mindful of the value of this talent. Who better to understand the trading strategy of a hedge fund, than someone who traded the other side in a prior life? So the over-riding theme here is that there may be a relationship between how firms regard experience-based wisdom and some of the cycles of the industry. Read more...
Thursday, February 12, 2009
Attending a Car Auction - Some Tips For Sellers and Buyers
A UK car auction can be a very exciting event that pits buyers against each other in competitive bidding for sellers' vehicles. Here's some basic information about car auctions. Further reading ...
The Meaning of Danger (Non-fiction, Short Story)
The Meaning of Danger (Non-fiction, Short Story)
It is said when danger lingers about, animals have a sixth sense, and thus move out of its way. So do humans, if only they'd pay attention to it. (Summer of 1962); here is a true story I've held back on telling until now, 45-years ago, two children will die...!
It is said when danger lingers about, animals have a sixth sense, and thus move out of its way. So do humans, if only they'd pay attention to it. (Summer of 1962); here is a true story I've held back on telling until now, 45-years ago, two children will die...!
Communicate With Animals - Beyond a Whisper - Part I - The Basics
Communicate With Animals - Beyond a Whisper - Part I - The Basics
Learn the basics of animal communication. You will learn how to send and receive messages from your pet. There are many misconceptions in the field of animal communication. You too can talk to your animal friend with practice and by following these simple steps.
Learn the basics of animal communication. You will learn how to send and receive messages from your pet. There are many misconceptions in the field of animal communication. You too can talk to your animal friend with practice and by following these simple steps.
What Are the Steps in Creating an Online Business? Creating an Information Product the Easy Way!
What Are the Steps in Creating an Online Business? Creating an Information Product the Easy Way!
Creating your very own info product doesn't have to be hard or painful! You already have within your very own brain the tools it takes to succeed. All you need is a little direction.
Creating your very own info product doesn't have to be hard or painful! You already have within your very own brain the tools it takes to succeed. All you need is a little direction.
8 Characteristics of Ideal Business Partners
8 Characteristics of Ideal Business Partners
Selecting business partners is a challenging task and one which is often not given enough importance by first time entrepreneurs. Instead of rushing into a partnership, carefully evaluate the situation to avoid making any rash decisions. Getting into a partnership is very easy, however, getting out of it is a much more complicated task. I use the following 8 characteristics as benchmarks whenever I consider taking on a new partner for a business. I hope it will be of some assistance.
Selecting business partners is a challenging task and one which is often not given enough importance by first time entrepreneurs. Instead of rushing into a partnership, carefully evaluate the situation to avoid making any rash decisions. Getting into a partnership is very easy, however, getting out of it is a much more complicated task. I use the following 8 characteristics as benchmarks whenever I consider taking on a new partner for a business. I hope it will be of some assistance.
Gamer Testing Ground - Can You Really Get Paid to Play Video Games?
If you are a passionate Gamer and are on the lookout for a job which can in fact convert your passion into a wonderful career, Gamer Testing Ground is a good place to start with. I was in search of such website for a long time and had not found one that was legitimate, then voila, I stumbled upon the website called gamer testing ground and immediately came to know after reading to contents that this was the perfect one for me, what Gamer Testing Ground does is not exactly guarantee you a job in the game testing business. Further reading ...
How Can I Stop Sweating? - Effective Natural Ways to Prevent Sweating
If you have a problem with excessive sweating, it is very important that you know that you are not alone. Millions of people worldwide suffer from excessive sweating. This is known in formal terms as "Hyperhidrosis". Read more...
How to Search Efficient Real Estate Agents
Finding an efficient real estate agent can be a daunting task as they are relatively few in numbers. The agent best suited for you must be an experienced professional who will listen to you, carry out the tasks in an ethical manner and knows your requirements. Read more...
Driving Conditions
Driving Conditions
Driving is a privilege and not a right in the United States and as fun as cruising the highway with friends can be, driving is also a very dangerous activity. Driving conditions are not always suitable for taking trips but sometimes people just cannot avoid taking to the highways and byways because of attending school and going to work. Not every business or school closes down when there is inclement weather, which makes driving a very dangerous thing to do.
Driving is a privilege and not a right in the United States and as fun as cruising the highway with friends can be, driving is also a very dangerous activity. Driving conditions are not always suitable for taking trips but sometimes people just cannot avoid taking to the highways and byways because of attending school and going to work. Not every business or school closes down when there is inclement weather, which makes driving a very dangerous thing to do.
The Inner Workings of an Insurance Company
The Inner Workings of an Insurance Company
Usually, the structure in actual use in a given company is a hybrid combining several of these four basic types. This results from the fact that business seldom consciously selects any one type of organizational structure. Instead, organizational patterns develop as a matter of evolution.
Usually, the structure in actual use in a given company is a hybrid combining several of these four basic types. This results from the fact that business seldom consciously selects any one type of organizational structure. Instead, organizational patterns develop as a matter of evolution.
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