Comments on: About What The 15-Year-Old Morgan Stanley Intern Said…

By: Stella_wang-goldman

Stella_wang-goldman — Tue, 28 Jul 2009 10:23:03 +0000

Stella is not my real name, but thank you , Luch. As other sites have undoubtedly pointed out, I feel that the real question is not the quality of this report, but actually how this boy get an ‘internship’ in the first place.

The Times and the Guardian have said how ‘connections’ forged from walking a dog in a park led to a job, but I refuse to believe that this was the sole cause of being accepted as an intern. I really would like to know what he actually put in the letter he wrote to MS. Surely in this increasingly work-depleted City, with well publicised job cuts left right and centre, letting a 15 year old into your firm when hordes of well qualified graduates are streaming out of the doors (I don’t know about MS individually, but I’d guess that like hell jobs are tight), he must have put something truly spectacular in his letter. I really don’t think dog walking relations can get you a job in these circumstances. Tell us your secret, Matthew!

But by no means am I disapproving, because like I said, I too am considering somehow snatching an ‘internship’ at an investment bank, even if I need to grovel at the feet of the managing directors (only subtly, obviously; desperation is not an attractive quality !)

By: The Luch

The Luch — Wed, 15 Jul 2009 18:27:24 +0000

I agree with Stella. Many youths have done far superior work to this anecdotal drivel. Stella, as long as your thesis is strong and your points supported, I’d love to read your thoughts.

I am glad that others his age realize that this “report” is poor work product and should have never been published. Perhaps it could have been a jumping off point for further study and polling by Morgan Stanley, but to have this report printed with their name on it should be embarrassing for them.

By: Eric Jaffa

Eric Jaffa — Wed, 15 Jul 2009 17:02:24 +0000

RE
========================================
“Teenagers do not use Twitter” (as quoted by the Guardian). Why? Because updating Twitter on your phone counts as a text message, and teens would rather use their texts to ping friends than update a Twitter profile “that no one is viewing,” Robson writes.
=================================

Updating a Twitter page is free from a computer.

And free from the web-browser of a phone.

There is only a text-message charge if one uses a phone’s text-message feature to update a Twitter page.

By: Stella_wang-goldman

Stella_wang-goldman — Wed, 15 Jul 2009 13:12:50 +0000

I have absolutely no idea why people are so hyped up about this. Last year I produced a 150 page study on the habits of teenagers in this society. I have also done reports on migration, the value of money, China’s emergence as a world super power, and what under-18s feel about the crime on our streets- all backed up with sources and quotes and references.

Do these investment bankers really feel so desolate about Britain’s youth that they get excited about this report (which, as many people before have also said, does not really correlate with many teens at all)?

Yes, there are still children who read books on investment banking and the financial times. Yes, they have read Warren Buffett’s biography and Intelligent Investing by Ben Graham. Yes, there are 8 year olds who make great returns on their stocks. Yes, super-charged, financially savvy, and diamond bright children are still alive in this world. And yes, I AM YOUNGER THAN THIS BOY. I AM A 14 YEAR OLD GIRL.

Trust me, that boy is no wonderkid. I could have done exactly the same thing, better. I have half a mind to charge up to Morgan Stanley today and see how those guys react to me. (I am planning on doing work-experience there next year anyway, they’ll see me even if they don’t want to.)

WAKE UP, WORLD. CLEVER KIDS DO EXIST. MANY OTHERS HAVE DONE MUCH BETTER.