Skip navigation

Received an Offer!

or Register to post new content in the forum

63 RepliesJump to last post

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Jun 4, 2009 4:26 pm
voltmoie:

Other things to take out of training:  Stop bashing Jim Cramer and Suzie Orman, it makes you look petty.

Every GP that spoke bashed them … do they really matter?  I have more issues with Dame Ramsey people, they are a pain in the arse. 

  sorry...gotta disagree there...Cramer & Orman are morons and everyone should know it!
Jun 4, 2009 4:48 pm

I would hardly call someone (Orman) who has made millions being a financial advisor (which she is - she gives financial advice on her show and in her books) a moron.



Jim Cramer - may be a crook. But not a moron. That moron is still laughing all the way to the bank.



I actually like Dave Ramsey. You get on his good side, and he’ll send referrals your way





Anyway - I find it difficult to tear successful people down. If anybody on this forum makes more than Suze or Jim (and maybe there are some people), please feel free to call them a moron. I will reserve judgement until I have more in muni bonds than Suze.

Jun 4, 2009 4:59 pm

[quote=Moraen]I noticed that nobody (at least on the Jones side) addressed the inaccuracy of the statement that Jones has a lower admission rate that Harvard. 

[/quote]   The last time I payed any attention to that figure was back in 2000-2001.   At that time Harvard's acceptance rate was running about 11%, which at the time was higher than the EDJ average.  This whole thing conversation got started with a reference to Kim Webb, so let me back up.  Kim came into the home office in 2000 when she took over responsibility for New IR Training.  Like I said before, the acceptance rate at Harvard was higher than the Jones acceptance rate back then.  So, if you heard that stat from Kim Webb, she was stating it based on a true fact at the time.    Today, Harvard may have a lower acceptance rate than Jones because their acceptance rate has falled dramatically.  I've never really cared much about that little stat, but they do like to talk about it in KYC.  It might be good for a quick ego  boost, but it doesn't mean squat when you're knocking on doors.
Jun 4, 2009 5:07 pm

.

Jun 4, 2009 5:09 pm

Hold on, hold on, hold on a sec…I was hired by a company (Ameriprise) back in '05 and they claimed basically the same thing.  Yet by my 2nd-3rd month in I knew they “hired” at least three out of every five people that walked into the office and were willing to pay the licensing fee.  THAT is one thing.  Making it through the training, licensing time and the pre-appointment (10 clients in 1st 10 weeks) is COMPLETELY different.  I would agree that these “hiring” numbers are based not off of who is offered the opportunity to go through training and licensing, but its based off of who makes it through the obstacle course and into their own office.  Am I stating something that everyone already thinks is obvious, or do you guys think its based off of a percentage of who gets offered during the interview process?

Jun 4, 2009 5:18 pm
3rdyrp2:

Hold on, hold on, hold on a sec…I was hired by a company (Ameriprise) back in '05 and they claimed basically the same thing. Yet by my 2nd-3rd month in I knew they “hired” at least three out of every five people that walked into the office and were willing to pay the licensing fee. THAT is one thing. Making it through the training, licensing time and the pre-appointment (10 clients in 1st 10 weeks) is COMPLETELY different. I would agree that these “hiring” numbers are based not off of who is offered the opportunity to go through training and licensing, but its based off of who makes it through the obstacle course and into their own office. Am I stating something that everyone already thinks is obvious, or do you guys think its based off of a percentage of who gets offered during the interview process?



3rd. - it is who was offered a contract.
Jun 4, 2009 5:27 pm

[quote=wind3574] [quote=Moraen] I would hardly call someone (Orman) who has made millions being a financial advisor (which she is - she gives financial advice on her show and in her books) a moron.



[/quote]



She also sued the firm she worked for[/quote]



Your point? Wind - I know you are making some good money. But Suze used to be a HUGE annuity saleswoman (although she’s anti-annuity now), number one at some firm (Merril?).



Anyway, I would be happy to have everyone on this forum call me a moron (and some of you do) if I had Suze’s money and influence (in that order).

Jun 4, 2009 5:32 pm

.

Jun 4, 2009 5:52 pm

The “EDJ accepts fewer people than Harvard” thing is lame. IMHO they are two totally different statistics that shouldn’t be compared.

  Technically, if you wanted to make these comparisons you could probably argue that you statistically have a better chance of being elected the President of the United States than being hired at EDJ if you compared "applications" (or the equivalent of for the presidency) to "hires".
Jun 4, 2009 7:08 pm
wind3574:

[quote=Moraen] I would hardly call someone (Orman) who has made millions being a financial advisor (which she is - she gives financial advice on her show and in her books) a moron.

[/quote]

She also sued the firm she worked for

  Not to mention, I believe she has a Bankruptcy in her past.  They may not be morons (Suzy & Cramer) as entertainers...but they are not to sharp as financial analysts/Advisors..jmho
Jun 4, 2009 7:09 pm

[quote=Moraen]


Anyway - I find it difficult to tear successful people down. If anybody on this forum makes more than Suze or Jim (and maybe there are some people), please feel free to call them a moron. I will reserve judgement until I have more in muni bonds than Suze.[/quote]

Actually, I judge somebody by the quality of their ideas and the good they do for family and others, not for how much in muni bonds they have.

One thing I’d add in the Harvard-Jones debate is that it’s easier to make it at Harvard than it is at Jones. Another thing: get admitted to Harvard and you can coast through life with the degree and the associations you make. Get a job at Jones and you start from scratch.
Eff Harvard. Guys from Harvard and Yale are not doing such a good job running this country.







Jun 4, 2009 7:10 pm

he....for all of you sticklers....I meant not "too" sharp ;)

Jun 4, 2009 7:14 pm

[quote=buyandhold]

[quote=Moraen]

Anyway - I find it difficult to tear successful people down. If anybody on this forum makes more than Suze or Jim (and maybe there are some people), please feel free to call them a moron. I will reserve judgement until I have more in muni bonds than Suze.[/quote]Actually, I judge somebody by the quality of their ideas and the good they do for family and others, not for how much in muni bonds they have.One thing I’d add in the Harvard-Jones debate is that it’s easier to make it at Harvard than it is at Jones. Another thing: get admitted to Harvard and you can coast through life with the degree and the associations you make. Get a job at Jones and you start from scratch.Eff Harvard. Guys from Harvard and Yale are not doing such a good job running this country.[/quote]



On the Harvard thing - I agree. Much more difficult.



Suze does a lot of people good. Jim - not so much. You can knock her methods, but some very successful women listen to Suze. Three quarters of all my business owner clients are women - all very successful or on their way. All listen to Suze in one form or another.



And from what I understand, Suze takes GOOD care of her lover



Also, there is the notion of morons. Morons simply do not make money. I think if you said “hack” or “charlatan” or “shiny white teeth lady who is kind of a hypocrite who sued her old firm” or “bald guy with rolled up sleeves who really should just ditch the tie and buy a polo former hedge fund guy who now makes stock calls on how his foundation will make money dude” then I would be more inclined to agree with you.

Jun 4, 2009 11:25 pm

.

Jun 5, 2009 12:11 am
buyandhold:

[quote=Moraen]

Anyway - I find it difficult to tear successful people down. If anybody on this forum makes more than Suze or Jim (and maybe there are some people), please feel free to call them a moron. I will reserve judgement until I have more in muni bonds than Suze.[/quote]

Actually, I judge somebody by the quality of their ideas and the good they do for family and others, not for how much in muni bonds they have.

One thing I’d add in the Harvard-Jones debate is that it’s easier to make it at Harvard than it is at Jones. Another thing: get admitted to Harvard and you can coast through life with the degree and the associations you make. Get a job at Jones and you start from scratch.
Eff Harvard. Guys from Harvard and Yale are not doing such a good job running this country.



 
Jun 5, 2009 3:18 am
wind3574:

[quote=Moraen]

Suze does a lot of people good. Jim - not so much. You can knock her methods, but some very successful women listen to Suze. Three quarters of all my business owner clients are women - all very successful or on their way. All listen to Suze in one form or another.
[/quote]

Alot of successful people listened to Jim Jones…and Adolf Hitler (Both might I add…VERY Intelligent) …Got them far…

  Yes.  And that is why there is the comparison between Edward Jones and Jim Jones....yet you work for the big green machine.  A lot of successful people work there   These women became successful AFTER listening to Suze.  Because of some the IDEAS she had.    
Jun 5, 2009 12:28 pm

.

Jun 5, 2009 12:49 pm

Exactly. Your comparison equates the finance dyke with jim jones and Hitler. That may be the case, but you would have to lump EJ in there. Which I’m sure that there are some guys on here that would protest that. You defeat your own argument.

Jun 5, 2009 1:37 pm

.

Jun 5, 2009 2:01 pm

Why does someone insert “…” in the middle of a sentence?  I know our schools aren’t the greatest, but are they really that bad?

  Are you saying that the Jews and others were killed because they were followers of Hitler?  That sure sounds like what you are writing.  Your lack of command of the English language makes it tough to figure out what you are saying.