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Matt Levine makes sense of Wall Street like none other

nytimes.com

21–30 of 199 posts

Re: Matt Levine makes sense of Wall Street like none other

#21
post #3

from this profile, Matt is very probably underpaid vs his earning potential (probably at least an order of magnitude) and should leave to substack or his own operation. but I respect that money really isn't everything.

Pretty sure he has a Substack called Big that's about monopolies, but I don't think it's paid.

That's Matt Stoller, and I wouldn't want to confuse the two. Levine has a much stronger grip on reality.

Re: Matt Levine makes sense of Wall Street like none other

#23

I really enjoy his writing, which is why I really want to know what this might be: "Asked about the Etruscans, Mr. Levine said he thought Mr. Mystal might be referring to one of his favorite anecdotes from Herodotus. It was actually about the Persians, he said. He fetched his copy of “The Histories” and read it to me.)"

From a section on Persian customs, somewhere in 130-135 of book one (which is as precise as my copy gets): “If an important decision is to be made, they discuss the question when they are drunk, and the following day the master of the house where the discussion was held submits their decision for reconsideration when they are sober. If they still approve it, it is adopted; if not, it is abandoned. Conversely, any decision they make when they are sober, is reconsidered afterwards when they are drunk.”

Re: Matt Levine makes sense of Wall Street like none other

#24
post #20

He’s good because he’s not a normie at his core.

True, but no one is.

I think perhaps what the two of you may be getting at is that some repress it less than others? At least to me, that comes through in the writing.

Re: Matt Levine makes sense of Wall Street like none other

#25
I'm surprised that there's only around 150k people (other than me) who read the newsletter. I don't work in finance, always enjoy reading Matt, and often learn.

To that end, if you don't subscribe to him and want a sample to consider joining the free newsletter, let me suggest his column "Arbitrage Discovered" from 2015:

https://www.bloomberg.com/amp/opinion/articles/2015-02-27/ar...

Re: Matt Levine makes sense of Wall Street like none other

#26
Thoughts:

-I love reading Matt's stuff. The praise of his writing is totally deserving.

-In my daily life there's rarely a topic I come across that I'm unable to understand. In an otherwise boring day full of mundane work tasks, his column gives me intellectual challenges that I really appreciate.

-Matt's ability to understand and synthesize topics reflects incredibly highly on his intellect. I don't know anyone on Wall Street... is his level of intellect common among investment bankers and such there?

-He was valedictorian at Harvard and became a public high school teacher after!?

-Apparently MoneyStuff has 150,000 subscribers, the total income+power of which is gigantic (multiple billionaire readers along with presumably many thousands of high 6-7 figure readers). But yet they don't seem to do much at all of monetizing it (there's an easily bypassed Bloomberg paywall and a tiny ad in the text of the email newsletter).

-I would really love a weekly Matt Levine podcast. But sadly I don't think we'll ever get that.

Re: Matt Levine makes sense of Wall Street like none other

#27
post #7

So this might be the place to ask this. The list of articles by Matt Levine on Bloomberg has button at the end that loads 20 older articles, when you click on it. Now since Matt is on parental leave I want to read some older articles, let's say from 2014. Am I correct, that to do that I need to click 6 (years) * 200 (work days) / 20 (articles per click) = 60 times and wait for the page load to do that?! Is there real…

There isn't an easier way. Every time I see any variant of the infinite scroll pattern which has come into vogue over the last decade, I feel the same complaints inside my head. True pagination was really nice. I miss when it was the default.

Re: Matt Levine makes sense of Wall Street like none other

#28
post #23

I really enjoy his writing, which is why I really want to know what this might be: "Asked about the Etruscans, Mr. Levine said he thought Mr. Mystal might be referring to one of his favorite anecdotes from Herodotus. It was actually about the Persians, he said. He fetched his copy of “The Histories” and read it to me.)"

From a section on Persian customs, somewhere in 130-135 of book one (which is as precise as my copy gets): “If an important decision is to be made, they discuss the question when they are drunk, and the following day the master of the house where the discussion was held submits their decision for reconsideration when they are sober. If they still approve it, it is adopted; if not, it is abandoned. Conversely, any dec…

Thank you :)

Re: Matt Levine makes sense of Wall Street like none other

#29
post #17

I really enjoy his writing, which is why I really want to know what this might be: "Asked about the Etruscans, Mr. Levine said he thought Mr. Mystal might be referring to one of his favorite anecdotes from Herodotus. It was actually about the Persians, he said. He fetched his copy of “The Histories” and read it to me.)"

According to his Twitter account, it's Herodot, The Histories, 1.133. http://perseus.uchicago.edu/perseus-cgi/citequery3.pl?dbname...

Thank you :)
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