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Alex Buchanan

The Game

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  • Bubblebeehas quoted6 years ago
    Stockbrokers (or ‘equity salesmen’ or ‘brokers’) sell investment advice to professional investors (‘fund managers’ or ‘clients’) in return for commission.
  • Alexander Sokolovhas quoted6 years ago
    Don’t pick up the phone. You’ve got nothing useful to say. Do something else
  • chernishevanas52134has quoted6 years ago
    What might appear to be a remote but corrupt oasis of privilege is in fact a giant oak tree that towers over the global economy, affecting each and every one of us.
  • Александр Нечаевhas quoted6 years ago
    Analysts don’t always believe what they write (and vice versa).
  • Alexander Sokolovhas quoted6 years ago
    More often than not British Telecom didn’t get a bid approach on Monday. You were just passing on the same worthless rumour someone had told you in an attempt to appear well informed. Whatever the reality a client would often thank you for it – some people love a bit of intrigue.
  • Alexander Sokolovhas quoted6 years ago
    In his capacity as Bursar for King’s College, Cambridge, Keynes wrote in 1938 that ‘a speculator is one who runs risks of which he is aware and an investor is one who runs risks of which he is unaware’.
  • Alexander Sokolovhas quoted7 years ago
    c) Call or email the client and tell him something relevant (ie about a stock/issue he has been following
  • Alexander Sokolovhas quoted7 years ago
    Bluffing requires the least effort and is hence the most common response. The world of finance is built on bluff and counter-bluff.
  • Alexander Sokolovhas quoted7 years ago
    there’s no better proof of credit worthiness than a Bloomberg account
  • Alexander Sokolovhas quoted7 years ago
    ‘I’m now convinced that the worst thing a man can do with a telephone, without breaking the law, is to call someone he doesn’t know and try to sell that person something he doesn’t want.’
    — MICHAEL LEWIS, Liar’s Poker
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