#WheninFinance

Month

June 2013

2 posts

Winning A Bake-Off

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Losing A Bake-Off:

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Credit: M / West Coast / IBD

Jun 3, 2013
Our deal team after we enter an exclusivity period when the most likely buyer submits a term sheet

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6 months later … the buyer drops out

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Credit: M / West Coast / IBD

Jun 3, 2013
How I will greet Archer's management the next time they come to town

Credit: M/Hedge Fund/Chicago

1Q13 Conference Call

Operator
We will now take a question from Bruce Wayne with Wayne Enterprises. Please go ahead.

Bruce Wayne – Wayne Enterprises – Analyst
Hello? Hello there.

Lars Bethuelsen – Archer Limited – SVP, M&A and IR
Hello, Bruce. We can hear you.

Bruce Wayne – Wayne Enterprises – Analyst
Hi, there. This is Bruce Wayne. I have a question for you guys. So I was wondering, given your financial situation, if you guys would be willing to invest in some technology I’m developing.

Christoph Bausch – Archer Limited – CFO
I think we will still find money if we find the right technology to invest in. I think we have a very good, on the Oil Tools side of the business, internal R&D team and so the investment is — should also be looked upon as just attracting talented engineers to continue that run.

Bruce Wayne – Wayne Enterprises – Analyst
Do you feel that you have engineers that can work my specifications, because I’m facing super-villains, so I need specific technical expertise.

Christoph Bausch – Archer Limited – CFO
I’m a little bit — there’s a big echo on the line. I’m sorry, can you repeat the question?

Bruce Wayne – Wayne Enterprises – Analyst
No, what it is is that a lot of my technology was damaged. I was obviously recently in battles with Bane, the Joker, so I just want to know if you guys can invest in some technology I’m developing.

Christoph Bausch – Archer Limited – CFO
Okay, Bruce, we are currently investing currently in technology in Oil Tools and in Wireline. We have various technologies where we’ve invested over [a] couple of years and we will continue to do so going forward. Bertrand, can you move on to the next caller, please?

See: http://dealbreaker.com/2013/05/batman-participated-in-archer-ltds-earnings-call-yesterday/#comments

May 31, 20132 notes

May 2013

13 posts

Visiting Analyst Forum before the CFA

Credit: M/AM/NYC

May 31, 20135 notes
The Federator

Harder than Jetpack Joyride.  Introducing the Federator!

http://projects.wsj.com/games/thefederator/?mg=inert-wsj

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May 31, 2013
How I will feel post CFA-exam Saturday if it kicks my ass

Followed promptly by:

Good luck to everyone else sitting the exam Saturday.

Credit: F/Valuation

May 30, 20135 notes
Marissa Mayer after acquiring Tumblr

May 23, 20137 notes
How Wallstreetplayboys likes to portray himself

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Reality:

Credit: M/Stanford MBA/SF

SMH, See: http://wheninfinance.tumblr.com/post/51001779206/our-500-post-is-the-douchest-finance-blog-of-the-year

May 22, 20132 notes
Since my dollar yen trade in November

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Credit: M/NYU student/NYC

May 22, 20134 notes
Dating a #wheninfinance

Credit: F/NYC/Annonymous who dated a WIF

May 22, 20133 notes
Our 500 post is the douchest finance blog of the year: The Wall Street Playboys

At Wheninfinance, we are always keen on finding new finance blogs that are out there.  So when we stumbled onto a blog called “Wall Street Playboys”, we thought this has to be one of the douchiest finance blogs out there.  From the looks of it, it appears that it’s runned by some junior 22 year old bankers who think they’re the shit with a comment section equally as pretentious:

“Question: I hooked up with a girl last night at my crib, finished around 11 pm, and after we were done I suggested I call her a cab. She got enraged and almost broke my lamp, lol. How do you handle this situation delicately to get her to go away? A man needs quality sleep!”

Here are some of the douchy twitter feeds:

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This is why I hate bankers and why a select few bankers give the rest of the industry a bad reputation.  Whoever wrote this blog took the bottles and models way too seriously. First of all, this kid sounds like he hasn’t been laid in awhile and tries too hard to believe that he’s the shit. Looking from the first post, they also think they’re the next Paul Tudor Jones.  It’s hilarious that this kid thinks someone will even care about his opinion on a stock.  Bro, you’re a junior banker, go back to pumping models.  If you think someone on the buyside is going to take your lame advice on investing, you’re on a whole new level of delusional. 

Check out some of the more conceited pieces:

Don’t Dilute Yourself: The Importance of Becoming Recognized at Your Favorite Bar

A Day in the Life of a Loser

The Only Four Things That Matter

Here’s the blog for yourself: http://wallstreetplayboys.com/.  Tell us what you think at wheninfinance@gmail.com

May 21, 20134 notes
Bitcoin market crash

Me telling an acquaintance not to invest in Bitcoins because it’s a giant bubble:

Him ignoring my advice and doing it anyway:

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Him when the market crashed today:

My face all the while:

Cool story bro

Credit: Male/Washington DC/Undergraduate student, Equity/Forex trading on the side

May 20, 20135 notes
West Coast Bankers on the Weekends

Friday Night

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Saturday during the day

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Saturday Night

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Sunday

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Monday morning at work

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Moral of the story: Bankers don’t really work that much

Credit: M / West Coast / IBD

May 20, 20132 notes
When I get added to HR or Marketing related meetings

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Credit: M/IBD/NYC

May 20, 20135 notes
What is Private Equity

Recent Email we got from a reader:

Dear #WheninFinance,

Don’t remember how I stumbled across this, but I thought I should share it with you all. I don’t know why someone would ask what I private equity firm is on a forum about guitars, but some of the answers are hilarious.

http://www.ultimate-guitar.com/forum/showthread.php?t=1561008

Regards,

Evan Gow


My response: Bro, they play guitars, not excel all day like us rockstars

May 20, 20133 notes

March 2013

5 posts

When March Madness takes over

What my MD thinks I’m doing 

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What I’m actually doing

Mar 21, 20138 notes
Bank accounts all over Cyprus


Credit: Macro fund/M/NYC

Mar 19, 20133 notes
On the 9 day winning streak...

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When the futures is up overnight,

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Mar 14, 20132 notes
College bro sent this to us on twitter

Finance bro: “Summer analyst offer already landed. this is how i procrastinate managerial accounting studying “

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Oh boy, I can’t wait until reality hits

Mar 13, 20136 notes
Your life in finance before Wheninfinance

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Your Life in finance after Wheninfinance

Wheninfinance.tumblr.com is back!  Spead the word

Mar 13, 20135 notes
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