10 Different Things You Can Tell About A Finance Guy By Looking At Him On The Morning Train

10 Different Things You Can Tell About A Finance Guy By Looking At Him

In the famous book of Michael Lewis One of many great details about the financial crisis, The Big Short, and observations on the former FrontPoint head trader Danny Moses is passage.

In Steve Eisman's team Moses, described as the small-picture guy, claimed that he could tell a lot about a guy just by looking at him.

The best place for Wall Street people to study was on the morning commute from Connecticut. Moses estimated about it that 95% of the people on his morning Metro-North train worked on Wall Street.

Just by looking at them, he said that he could tell at a glance what their jobs were and where they worked of these people.

[The following text is excerpted from the famous book The Big Short.]

If the people were on their BlackBerrys, they were probably hedge fund guys and they were checking their profits and losses in the Asian markets.

10 Different Things You Can Tell About A Finance Guy By Looking At Him

This is an excerpt from the famous book by Michael Lewis' The Big Short.

If the people slept on the train they were probably sell-side people — brokers, who had no skin in this game.

10 Different Things You Can Tell About A Finance Guy By Looking At Him

This is an excerpt from the famous book by Michael Lewis' The Big Short.

Anyone person who carried a briefcase or a bag was probably not employed on the sell side, as the only reason you'd carry a bag was to haul around brokerage research, and the brokers didn't read their reports — at least not read in their spare time.

10 Different Things You Can Tell About A Finance Guy By Looking At Him

This is an excerpt from the famous book by Michael Lewis' The Big Short.

Anyone person who carried a copy of The New York Times was probably a lawyer or a back-office person or someone who worked in the financial markets without actually being in the markets.

10 Different Things You Can Tell About A Finance Guy By Looking At Him

This is an excerpt from the famous book by Michael Lewis' The Big Short.

The guys who ran money he was dressed as if they were going to a Yankees game. Their financial performance there was supposed to be all that mattered about them, and so it caused suspicion about it if they dressed too well.

10 Different Things You Can Tell About A Finance Guy By Looking At Him

This is an excerpt from the famous book by Michael Lewis' The Big Short.

If you saw a guy buy-side in a suit, it usually meant that he was in any trouble, or he scheduled to meet with someone who had given him money, or both. Beyond that, it was very hard to tell much about a buy-side person from what he was wearing.

10 Different Things You Can Tell About A Finance Guy By Looking At Him

This is an excerpt from the famous book by Michael Lewis' The Big Short.

On the other hand sell side, might as well have been wearing their business cards: The guy who was in the blazer and khakis was a broker at a second-tier firm;

10 Different Things You Can Tell About A Finance Guy By Looking At Him

This is an excerpt from the famous book by Michael Lewis' The Big Short.

The guy who was wearing a three-thousand-dollar suit and the hair just so was probably an investment banker at J.P. Morgan or someplace like that.

10 Different Things You Can Tell About A Finance Guy By Looking At Him

This is an excerpt from the famous book by Michael Lewis' The Big Short.

The Goldman Sachs, Deutsche Bank, and Merrill Lynch people, who were going to head downtown, edged to the front…

10 Different Things You Can Tell About A Finance Guy By Looking At Him

This is an excerpt from the famous book by Michael Lewis' The Big Short.

— Though when Danny thought all about it, few Goldman people ride the train anymore. They all had their own private cars.

10 Different Things You Can Tell About A Finance Guy By Looking At Him

This is an excerpt from the famous book by Michael Lewis' The Big Short.

Hedge fund guys were worked uptown and so exited Grand Central to the north and where taxis appeared haphazardly and out of nowhere to meet them, like farm trout rising to corn kernels.