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My first proper job was as a commodities broker. I went off to work every morning in an '80s power suit. I couldn't afford a good one, so I'd buy nice buttons instead and make it look better than it actually was.
I don't think the Internet has replaced cities in any significant way, nor really could it. Cities are dynamic - and deeply seductive for the people who flock there - because they broker all sorts of fantastic and useful connections, cultural and economic and social.
Once the brokerage house, rather than the bank, became the locus for American savings, that money would find its way into the stock market, because the broker was someone with a much higher tolerance for risk than the banker.
After I dropped out of college at the age of 19, I became a mortgage broker, and when I went back to school I thought about going into real estate law. I probably would have made a lot more money and died of boredom by now.
We've always had a dual role in the region - friend of Israel, and honest broker. We've given up the honest broker role completely.
Never take advice from anyone in a tie. They'll bankrupt you. Don't ask a general for advice on war, and don't ask a broker for advice on money.
One of the really positive things about minority government is that there is the necessity to broker policy positions. What happens is you get a hybrid of what a single party might do. And I don't think that is a bad thing.
I was a stock broker once. I think there is an absolute place for market investments. But they should never be the basis of one's retirement. They should be an additional piece on top of a basic, secure, guaranteed retirement benefit.
Ron Reagan amazingly qualifies as an honest broker. I asked him if he was a mama's boy and he said no, more of a papa's boy. At the same time he was willing to say that his father had many shortcomings and needed to be held accountable.
Jimmy Meng sought to be a power broker in the halls of justice. But the influence he sought to peddle was corrupt, and his power was illusory.
