Published: Dec 03, 2010
That is, Gordon Murray, a former bond trader at Goldman Sachs who later worked at Lehman Brothers and CSFB and who "decided to cease all treatment five months ago for his glioblastoma, a type of brain cancer," recently published The Investment Answer.
According to the Times, "the mere fact that Mr. Murray felt compelled to write it is itself a remarkable story of an almost willful ignorance of the futility of active money management — and how he finally stumbled upon a better way of investing. Mr. Murray now stands as one the highest-ranking Wall Street veterans to take back much of what he and his colleagues worked for during their careers."
Even more fascinating than a book about how Goldman Sachs and Credit Suisse and other Wall Street titans have it all wrong when it comes to investing is the answer to this question: If you had less than a year left to live, how would you spend your dying days?
I'm not sure what I'd do, but I think this guy is on to something. Happy Friday.
Today, we release our annual Accounting 50, a ranking of the best accounting firms to work for. The ranking is based on a survey of approximately 11,400 accounting professionals, who were asked to rate their firms in several workplace categories, including business outlook, compensation, culture, hours, training, overall satisfaction, and work/life balance.
For many of today’s law students, firm culture, location, and practice area remain the most important factors in deciding where to apply. Recently, students have discovered that evaluating these factors — and making the right choice for their legal career — is easier when opting to apply directly to firms for summer positions.
Every year during the week before Thanksgiving week, we take the time to recognize our public school communities by celebrating American Education Week. Now, this week isn’t just about teachers and students, it’s also about some of the unsung heroes of our education system, including administrative staff, janitors, cafeteria workers, and even our school bus drivers.