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Wednesday, September 05, 2007

SUCCESS STORY.....SORTA

Here is a link to a success story that ends in anything but. The ending is definetly a lesson but I want to focus on a few specifics instead:

"Few have risen so far so fast: He was a college dropout with one year of experience on Wall Street who built an $80 million hedge fund out of nothing in just four years."

"Success in the hedge-fund world came easily to Angelo—perhaps too easily. Born and raised in Flushing’s Greek-immigrant community, he went to Catholic school, bused tables at a neighborhood restaurant, and had a passion for souping up the engine of his Mustang GTS. He left NYU in his junior year, telling people that he had graduated early (in fact, he had dropped out), and took a job at Merrill Lynch as a broker’s assistant. Friends say he was instantly smitten with the perks of high finance—“the lifestyle, getting the limo ride home at night, all that,” says one. Angelo stayed at Merrill just thirteen months—enough time, he decided, to take what he’d learned and strike out on his own."

Rest of the article is here: http://nymag.com/news/businessfinance/23171/

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