Entry in progress—B.P.
That’s your cash in the public purse!
06/11/2003 | 00:11
Heard on the Street: What’s the difference between a shopping trolley and a fund manager? You fill both with food and wine, but the shopping trolley has a mind of its own!
Trades & Tombstones
Sell-side Versus Buy-Side Compensation in Investment Banking Jobs (2015?—ed.)
The Australian had an amusing take on the ongoing feud between sell-side (brokerage) professionals and buy-side (fund managers). For years, the sell-side enjoyed better salaries and bonuses and overall compensation. While the buy-side fund managers enjoyed long lunches, golf days and other leisurely junkets to lure their business.
The joke from brokers was, “What’s the difference between a fund manager and a shopping trolley? You can fill both with food and drink but the trolley has a mind of its own.”
The Sydney Morning Herald (Sydney, Australia)
Stop raising money for VCs, Freelancer CEO Matt Barrie warns start-ups
November 3, 2015 - 12:00AM
“There’s an old saying in investor land: What’s the difference between a shopping trolley and a non-executive director?,” said Barrie. “You can fill both with food and grog but at least the shopping trolley has a mind of its own.”
New York City • Banking/Finance/Insurance • Monday, November 02, 2015 • Permalink