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Jul 1, 2005 10:41 pm

[quote=Duke#1]

Just some psychology stuff, Put, re the children
question.  If you’re really interested, some night while you’re
petting your dog do some research.  You’ll find some studies
relating to those who have never had children.  You’ll also find
stuff on those who had children, but lost them through death or
estrangement.  You’re just evidencing a lot of the traits of those
who have been subject to such situations.  Of course, it may have
nothing to do with any of that – just my own musings about the
reason.  There are many other life events which could have caused
how you’re behaving and thinking.

[/quote]



Oh I see.  You are capable of analyzing me through an internet
forum.  Sort of like Senator Frist diagnosed that Schivo woman on
a video tape.



Do you grasp what a fool you appear to be when you actually spend time to type something like the above?
Jul 1, 2005 10:47 pm

"Oh I see.  You are capable of analyzing me through an internet forum."

Why Put, havent you claimed to have that very same ability for the past 2 months???

Jul 5, 2005 6:48 pm

[quote=Put Trader] [quote=Duke#1]

Just some psychology stuff, Put, re the children question.  If you're really interested, some night while you're petting your dog do some research.  You'll find some studies relating to those who have never had children.  You'll also find stuff on those who had children, but lost them through death or estrangement.  You're just evidencing a lot of the traits of those who have been subject to such situations.  Of course, it may have nothing to do with any of that -- just my own musings about the reason.  There are many other life events which could have caused how you're behaving and thinking.

[/quote]

Oh I see.  You are capable of analyzing me through an internet forum.  Sort of like Senator Frist diagnosed that Schivo woman on a video tape.

Do you grasp what a fool you appear to be when you actually spend time to type something like the above?
[/quote]

I really am not interested in what I may appear to you, Put.  I'm free to take the time to post, just like you are.  I'm also free to amuse myself by putting on my Dr. Phil hat.  But, if you don't want to play the game, that's your choice.

By they way, based on the responses you get to most of your posts, I'm very confident in who is thought of as the greater fool on this forum.

Jul 5, 2005 7:00 pm

[quote=Duke#1]

By they way, based on the responses you get to most
of your posts, I’m very confident in who is thought of as the greater
fool on this forum.

[/quote]



Is the validity of what I have to say based on half a dozen responses on an Internet forum?



Is it possible–just possible–that my years in the business, the
variety of jobs I’ve held, the people I’ve met, the conferences I’ve
taken part in all combine to make the sum total of my experience
greater than everybody else who posts here combined?



The way I see it I’m engaging half a dozen folks who are doing entry
level work–some are literally entry level, others have never
progressed beyond entry level.



I know, I know, some of the readers of this forum have been telling
people about mutual funds for several years–but they’ve never done
anything else.  Entry level.



Who among the readers might I have met at a NASD or SIA conference
somewhere?  Who might have served as a committee chairman of a
group on which I served–who may have served as a member of a committee
I chaired?



Where am I wrong?
Jul 5, 2005 7:24 pm

The amazing analysis by Doctor Frist.. What a bunch of BS that was.. I guess that was sorta a lie.. After 20 doctors stated she was a zombie (for the most part) he used her for the abortion issue.. That is messed up..

Hey guys chill out.. Maybe I should become a professional mediator. Does that require a spelling expert?

Jul 6, 2005 4:43 am

[quote=Put Trader] [quote=Duke#1]

By they way, based on the responses you get to most of your posts, I'm very confident in who is thought of as the greater fool on this forum.

[/quote]

Is the validity of what I have to say based on half a dozen responses on an Internet forum?

Is it possible--just possible--that my years in the business, the variety of jobs I've held, the people I've met, the conferences I've taken part in all combine to make the sum total of my experience greater than everybody else who posts here combined?

The way I see it I'm engaging half a dozen folks who are doing entry level work--some are literally entry level, others have never progressed beyond entry level.

I know, I know, some of the readers of this forum have been telling people about mutual funds for several years--but they've never done anything else.  Entry level.

Who among the readers might I have met at a NASD or SIA conference somewhere?  Who might have served as a committee chairman of a group on which I served--who may have served as a member of a committee I chaired?

Where am I wrong?
[/quote]

Put your thoughts regarding the various licensing tests and preparation techniques were useful, but you should stick to what you really know, mi amigo.

Serving with fellow bureaucrats on panels and surviving firm politics for years as an administrative leech hardly qualifies you to determine how best to survive as an advisor guiding real clients facing real problems.......

Jul 6, 2005 5:28 pm

[quote=joedabrkr]

Serving with fellow bureaucrats on panels and
surviving firm politics for years as an administrative leech hardly
qualifies you to determine how best to survive as an advisor guiding
real clients facing real problems…

[/quote]



How many of us that are “bureaucrats” do you figure came to our current jobs via the sales route?



A question I’ve asked several times remains unanswered.  That is,
how long does one have to be in production in order to be able to
understand what those are in production are dealing with? 



Tell me, readers, if you were invited to serve on an NASD committee
would that experience enhance your knowledge of the industry?



Is it possible that the more different things you do in any industry the more you understand that industry?



There is no doubt that in almost any organization nothing happens until
somebody sells something–you will get no argument from those of us who
steer the ship that those of you who are pushing it are not doing
something important.



It could be argued that pilots are the key employees of an airline–but
it too is a job that involves virtually no upward mobility.  In
other words somebody with thirty years experience is doing essentially
the same thing as somebody with thirty months of experience.



There is a job in the airlines known as “Chief Pilot.”  Does it
make sense to you that the Chief Pilot would not be able to fly a plane
because it had been a few years since he wore a uniform and carried one
of those pilot bags onto a plane and hauled a load of people from point
A to point B?



To conclude that I, and my peers, have no idea what your day-to-day is like is ridiculous.
Jul 6, 2005 6:15 pm

Administrators like yourself are usually looked down upon by those out in the field.   It's just the way it is.  Put, you must know that.  Heck, the military is the same way.

Committees are great but you have to understand that it really isn't the meat of what someone like me cares about.  Sure being on some NASD committee would be interesting and informative but I'd much rather figure out a way to present retirement programs inside the fortune 500 company located down the street from me.

One thing that would be great for everyone would be to sit on an arbitration panel.  To see what goes on and to see how a good, experienced broker can be made to look like a complete dope by some clients "expert" witness who is also a broker.  That would be good for anyone.  It can really make you want to take better records and be more prepared.  Do you have any comments on that?

As for everything else, I think our time would be better spent prospecting.   That's just my opinion though.    

Jul 6, 2005 6:31 pm

[quote=Malcolm]

Administrators like yourself are usually
looked down upon by those out in the field.   It’s just the
way it is.  Put, you must know that.  Heck, the military is
the same way.

Committees are great but you have to understand that it really isn't the meat of what someone like me cares about.  Sure being on some NASD committee would be interesting and informative but I'd much rather figure out a way to present retirement programs inside the fortune 500 company located down the street from me.

One thing that would be great for everyone would be to sit on an arbitration panel.  To see what goes on and to see how a good, experienced broker can be made to look like a complete dope by some clients "expert" witness who is also a broker.  That would be good for anyone.  It can really make you want to take better records and be more prepared.  Do you have any comments on that?

As for everything else, I think our time would be better spent prospecting.   That's just my opinion though.    

[/quote]

Why is serving on an NASD committee and figuring out how to present something mutually exclusive?

My question is simple, but I'll rephrase it.  Is it possible to hurt your understanding of Wall Street by serving on an NASD board, committee, roundtable or other collection of fellow professionals?

As for serving on an arbitration panel.  I agree that it is always amazing to me that people I know to be professionals come across as fools with criminal tenencies under a withering attack by a plaintiff's attorney.
Jul 6, 2005 6:54 pm

No, I don't think there is anything wrong with it.  I think serving on a board or committee or round table would be helpful.  It would also probably be helpful to drop the fact that you have done that into a conversation with a client or prospect.  Until now, I have never really even considered it. Maybe I should.

If you are not producing what you need to be though, obviously, your time might be better spent doing things that lead directly to producing revenue.  If you're a vet with a good business, then take the time if you want.   

Do you have any suggestions for what things to serve on for the best experience?

Jul 6, 2005 7:21 pm

[quote=Malcolm]

No, I don’t think there is anything wrong with
it.  I think serving on a board or committee or round table would
be helpful.  It would also probably be helpful to
drop the fact that you have done that into a conversation
with a client or prospect.  Until now, I have never really even
considered it. Maybe I should.

If you are not producing what you need to be though, obviously, your time might be better spent doing things that lead directly to producing revenue.  If you're a vet with a good business, then take the time if you want.   

Do you have any suggestions for what things to serve on for the best experience?

 [/quote]

Most of the committees are populated with volunteers suggested to the organizations by their firms.  In other words, you don't just get on the committees--your employer suggests you because your employer wants you to gain the experience and insight that these committees afford.

That said, your local NASD district is probably looking for people to do things at the district level--organize meetings, suggest topics for discussion and so forth.

I'd start by contacting the district office and asking what you could do to help.  Do not mention that your motivation is so that you'll be able to tell a prospect that you work on such and such a committee--the NASD is looking for those who want to contribute to the NASD, not take from the NASD.

You could also let your boss know that you'd be interested in being recommended by the firm to the NASD for things that would be nearby and "up your alley."