Description
Importance of networking
Confessions of a Wall Street Analyst
Presented to
Rustomjee Business School
By Anvi Gandhi Bharati Patel MMS 2013 Rustomjee Business School
Anvi/Bharati Confessions of a wall street analyst 1
Career Graph of the Author
1979-1983:Coopers and Lybrand 1983-1989: MCI 1989-1993:Morgan Stanley 1993-1999:Merrill lynch 1999-2003:Credit Suisse First Boston(CSFB) ? Currently, Project Director for Telecom Finance at Columbia¶s Graduate School of Business ? ? ? ? ?
Rustomjee Business School
Anvi/Bharati
Confessions of a wall street analyst
2
Rustomjee Business School
Skit: Highlights from the book
Anvi/Bharati
Confessions of a wall street analyst
3
Networking
³Networking is an essential part of building wealth´
Rustomjee Business School
? Dan developed good relation with Ed Greenberg ? Socializing ? Meeting different people in business trip ? Road shows and beauty contest
Anvi/Bharati
Confessions of a wall street analyst
4
EXAMPLES
Rustomjee Business School
? ?
Linked in-professional networking site Connect to the world
? ?
Wide distribution channel Membership
Anvi/Bharati
Confessions of a wall street analyst
5
Decision Making
Rustomjee Business School
Good decisions come from experience, and experience comes from bad decisions´
? Consulted Paula before making decisions ? Decision on experience and intuition ? Decision on AT&T upgradation
Anvi/Bharati
Confessions of a wall street analyst
6
EXAMPLES
Rustomjee Business School
Kishore Biyani ? ? Kishore Biyani- idea of organized retail Future group
?
Promotional ads using Zoo Zoos
Anvi/Bharati
Confessions of a wall street analyst
7
Examples
Rustomjee Business School
?
Failed to distinguish New Coke from old or expressed a preference for New Coke
Anvi/Bharati
Confessions of a wall street analyst
8
GROWTH
Rustomjee Business School
³There are no great limits to growth because there are no limits of human intelligence, imagination, and wonder´ ? Mergers and acquisitions ? AT&T takeover Malone¶s cable ? Qwest and US west Merger
Anvi/Bharati
Confessions of a wall street analyst
9
Examples
Rustomjee Business School
? ?
Suzuki helped in Japanese technology Maruti Suzuki is a subsidiary of the Suzuki motor corporation from 2007
?
?
Acquisition Deal value $7.6 billion Tata was low cost steel producer and Corus was trying to keep its cost under control
Anvi/Bharati
Confessions of a wall street analyst
10
Examples
Rustomjee Business School
? Merger in 2007 and it helped Vijay Mallya to fly his kingfisher to overseas ? Currently, it is making loss and asking for bail out
Anvil/Bharati
Confessions of a wall street analyst
11
Team work
Rustomjee Business School
³Teamwork is the ability to work as a group toward a common vision, even if that vision becomes extremely blurry.´ ? Dan always worked with his team for all Mergers and acquisitions. ? His team helped him to reach no 1 position ? Always thought for his team first
Anvi/Bharati
Confessions of a wall street analyst
12
EXAMPLES
Rustomjee Business School
? ? ?
Co-operative society 15,712 village Daily milk procurement of approx 12 million lit per day
? ?
The team won the 2011 Cricket World Cup, second after 1983 Every one contributed towards win
.
Anvi/Bharati Confessions of a wall street analyst 13
Ethics
Rustomjee Business School
Ethics is knowing the difference between what you have a right to do and what is right to do´
? ? ? ?
Jack was doing all unethical activities ±revealed secret information Dan was honest and he told about $1.5 million mistake Joe Nacchio, CEO of Qwest inflated his revenues by $3 billion Bill Ersey leaked out information on merger
Anvi/Bharati
Confessions of a wall street analyst
14
Examples
Rustomjee Business School
? ? ?
Fighting against corruption Hunger strikes Lokpal bill
? ? ?
Commitment Putting the interest of the company ahead of our own interest Respect, dignity, fairness
15
Anvi/Bharati
Confessions of a wall street analyst
Scams
Rustomjee Business School
RAMALINGA RAJU
? ? ?
Manipulated his accounts to show better prospects Showed fictitious assets Misused public funds
HARSHAD MEHTA ? Acted as a broker ? Invested capital in the stock market ? Arrested for misappropriating more than 27lakh shares of about 90 companies
16
Anvi/Bharati
Confessions of a wall street analyst
Rustomjee Business School
THANK YOU!
Anvi/Bharati
Confessions of a wall street analyst
17
doc_964121032.pptx
Importance of networking
Confessions of a Wall Street Analyst
Presented to
Rustomjee Business School
By Anvi Gandhi Bharati Patel MMS 2013 Rustomjee Business School
Anvi/Bharati Confessions of a wall street analyst 1
Career Graph of the Author
1979-1983:Coopers and Lybrand 1983-1989: MCI 1989-1993:Morgan Stanley 1993-1999:Merrill lynch 1999-2003:Credit Suisse First Boston(CSFB) ? Currently, Project Director for Telecom Finance at Columbia¶s Graduate School of Business ? ? ? ? ?
Rustomjee Business School
Anvi/Bharati
Confessions of a wall street analyst
2
Rustomjee Business School
Skit: Highlights from the book
Anvi/Bharati
Confessions of a wall street analyst
3
Networking
³Networking is an essential part of building wealth´
Rustomjee Business School
? Dan developed good relation with Ed Greenberg ? Socializing ? Meeting different people in business trip ? Road shows and beauty contest
Anvi/Bharati
Confessions of a wall street analyst
4
EXAMPLES
Rustomjee Business School
? ?
Linked in-professional networking site Connect to the world
? ?
Wide distribution channel Membership
Anvi/Bharati
Confessions of a wall street analyst
5
Decision Making
Rustomjee Business School
Good decisions come from experience, and experience comes from bad decisions´
? Consulted Paula before making decisions ? Decision on experience and intuition ? Decision on AT&T upgradation
Anvi/Bharati
Confessions of a wall street analyst
6
EXAMPLES
Rustomjee Business School
Kishore Biyani ? ? Kishore Biyani- idea of organized retail Future group
?
Promotional ads using Zoo Zoos
Anvi/Bharati
Confessions of a wall street analyst
7
Examples
Rustomjee Business School
?
Failed to distinguish New Coke from old or expressed a preference for New Coke
Anvi/Bharati
Confessions of a wall street analyst
8
GROWTH
Rustomjee Business School
³There are no great limits to growth because there are no limits of human intelligence, imagination, and wonder´ ? Mergers and acquisitions ? AT&T takeover Malone¶s cable ? Qwest and US west Merger
Anvi/Bharati
Confessions of a wall street analyst
9
Examples
Rustomjee Business School
? ?
Suzuki helped in Japanese technology Maruti Suzuki is a subsidiary of the Suzuki motor corporation from 2007
?
?
Acquisition Deal value $7.6 billion Tata was low cost steel producer and Corus was trying to keep its cost under control
Anvi/Bharati
Confessions of a wall street analyst
10
Examples
Rustomjee Business School
? Merger in 2007 and it helped Vijay Mallya to fly his kingfisher to overseas ? Currently, it is making loss and asking for bail out
Anvil/Bharati
Confessions of a wall street analyst
11
Team work
Rustomjee Business School
³Teamwork is the ability to work as a group toward a common vision, even if that vision becomes extremely blurry.´ ? Dan always worked with his team for all Mergers and acquisitions. ? His team helped him to reach no 1 position ? Always thought for his team first
Anvi/Bharati
Confessions of a wall street analyst
12
EXAMPLES
Rustomjee Business School
? ? ?
Co-operative society 15,712 village Daily milk procurement of approx 12 million lit per day
? ?
The team won the 2011 Cricket World Cup, second after 1983 Every one contributed towards win
.
Anvi/Bharati Confessions of a wall street analyst 13
Ethics
Rustomjee Business School
Ethics is knowing the difference between what you have a right to do and what is right to do´
? ? ? ?
Jack was doing all unethical activities ±revealed secret information Dan was honest and he told about $1.5 million mistake Joe Nacchio, CEO of Qwest inflated his revenues by $3 billion Bill Ersey leaked out information on merger
Anvi/Bharati
Confessions of a wall street analyst
14
Examples
Rustomjee Business School
? ? ?
Fighting against corruption Hunger strikes Lokpal bill
? ? ?
Commitment Putting the interest of the company ahead of our own interest Respect, dignity, fairness
15
Anvi/Bharati
Confessions of a wall street analyst
Scams
Rustomjee Business School
RAMALINGA RAJU
? ? ?
Manipulated his accounts to show better prospects Showed fictitious assets Misused public funds
HARSHAD MEHTA ? Acted as a broker ? Invested capital in the stock market ? Arrested for misappropriating more than 27lakh shares of about 90 companies
16
Anvi/Bharati
Confessions of a wall street analyst
Rustomjee Business School
THANK YOU!
Anvi/Bharati
Confessions of a wall street analyst
17
doc_964121032.pptx