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1981 memo on hiring from Bear Sterns
Sought ppl with a degree in PSD - poor, smart and a deep desire to get rich
Warns agst MBAs
Co died 37 years later
Prob started hiring MBAs https://t.co/uUhFgac9Yp
Burry's investment one sheet
worth reading for any investor https://t.co/ZqFn52xLsv
Bear Stearns CEO Ace Greenberg writes a memo in 1981 explaining the firm’s policy on hiring MBAs (he prefers PSDs). https://t.co/NYxFoifvdQ
At the end of the quarter, a lone HR person ran around like a Jack Russell, nipping at managers’ heels to get updated numbers before the board meeting.