A Few Good Men (revisited)
Remember the movie "A Few Good Men" (1992) with Tom Cruise (Lt. Daniel
Kaffee) and Jack Nicholson (Col Nathan R. Jessep). In it, there is a great
courtroom scene where Lt. Daniel Kaffee is interrogating Col.
Nathan R. Jessep about defending the wall at Guantanamo Bay in Cuba.
This is a traders version of that same scene:
I eat breakfast three hundred yards away from four thousand hedgefunds
who are trained to pick me off. So don't think for one second that you
can come down here, flash a client relationship, and make me nervous.
Son, we live in a world that has risks, and those risks have to be
avoided by men with models. Who's gonna do it? You? The Sales Force?
I have a greater responsibility than you can possibly fathom. You weep
for your client and curse the desk. You have that luxury. You have the
luxury of not knowing what I know: that your client's loss, while
tragic, probably saved p and l. And that my existence, while grotesque
and incomprehensible to you, saves p and l. You don't want the truth -
because deep down, in places you don't talk about at parties, you want
me in those screens. You need me in those screens. We use words like
roll-down, carry, gamma. We use these words as the backbone of a
life spent defending something. You use them as a punch line. I have neither
the time nor the inclination to explain myself to a man who rises and
sleeps under the blanket of the very bonus pool that I provide, and then
questions the manner in which I provide it! I'd rather you just said
"thank you" and went on your way. Otherwise, I'd suggest you pick up a
prop book and stand a post. Either way, I don't give a damn what you
think you are entitled to!