Ex Libris Kirkland

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First Written 2023
Genre Fiction
Origin US
Publisher University of New Orleans Press
ISBN-10 1608012530
ISBN-13 978-1608012534
My Copy library paperback
First Read February 24, 2024

The Counting House

To be straight: you probably have to read a lot of stuff ABOUT finance to enjoy this. And I, a poor designer, actually do read more about finance than is probably good for me. I loved this.

Noted on February 27, 2024

This reads like Matt Levine Money Stuff, The Novel. And I mean that in a good way!

Our hero is the Chief Investment Officer of a top-20 university, dealing with a crisis of confidence. The entire story is told through meetings he has with others, the best of which are a carousel of pitches for increasingly varied investment strategies.

Noted on February 27, 2024

If you want to take notes, kid, this is what you're going to hear. They are going to talk about edge, opportunity set, and track record. ("I think it makes sense to walk you through how the presentation is organized," the middle one was saying now.) They are going to mention the team's experience and relationships. They are never going to say that they are a bunch of really smart guys who know a lot of people, but the essential point of why we should invest with them is that they are a bunch of really smart guys who know a lot of people. They are going to mention proprietary deal flow. They are going to use the word proprietary so much that the word proprietary gets a restraining order. They are going to show a pie chart with the fattest slice of pepperoni proving how proprietary their deal flow is. That pie chart will also prove that pie charts are pointless unless one is raising money from innumerates or babies.

Quoted on February 27, 2024

Ex Libris Kirkland is a super-self-absorbed reading journal made by Matt Kirkland. Copyright © 2001 - .
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