The Wall Street MBA, Third Edition: Your Personal Crash Course in Corporate Finance, 3rd Edition

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INCOME STATEMENT

During my Wall Street days, I worked with a guy who made self-aggrandizement a sport. While the rest of us were pulling all-nighters to update spreadsheet models, he devoted his time to creating a certain image for himself. He made sure each of his superiors had at least a once-a-day telling of his latest dirty joke, a recap of last night’s game, and, of course, a brief update on the projects he was working on. What was most remarkable about his approach was not so much his ability to charm his bosses but, more important, his ability to disclose information selectively. Most of his project summaries revolved around assignments that were in progress, were on their way, or had been allotted time on his busy schedule. His self-initiated ...