by Brooke Allen You and I know why business schools charge so much for an MBA. Because they can. But why do they pay so little to everyone except their superstars? It’s not just because they can. I think the real reason is much more sinister than that. Once upon a time—before starting my MBA at NYUContinue reading “Why business schools charge so much and pay their teachers so little”
Category Archives: Values
To save Wall Street, start with better parenting.
by Brooke Allen This past February, I retired from finance. Although I intend to continue to study the markets and write about them, I have no intention of ever working in the securities industry again. This makes it easy for me to talk to you about what I think is going on and what needsContinue reading “To save Wall Street, start with better parenting.”
How to give me a negative reference on LinkedIn
By: Brooke Allen (you will find my LinkedIn profile here.) Be aware that on LinkedIn you cannot give me a negative reference unless I approve it. This is bad news because if it is impossible for you to say something negative, then the positive things I might allow you to say must be taken with aContinue reading “How to give me a negative reference on LinkedIn”
Want passion? Look for something that makes you angry.
Whenever I speak at colleges I begin by asking, “Why are you here?” This catches the students off guard and after batting the question around for a bit someone says, “To find my passion.” The rest agree and they imagine they are done with the topic. But I am not done with them. I ask them toContinue reading “Want passion? Look for something that makes you angry.”
You do not need permission to do the right thing. No one can give you permission to do the wrong thing.
I went to college in 1970. By 1974 I had a degree in mathematics and experience hitchhiking to every state of the union except for Alaska and Hawaii; perhaps 30,000 miles in all. I learned more about how to live from those experiences than anything I learned in a school. Here is the story of whatContinue reading “You do not need permission to do the right thing. No one can give you permission to do the wrong thing.”
How my life was changed when I began caring about the people I did not hire.
Ask yourself this question, “What do employers owe the people they do not hire?” I asked myself that question more than a decade ago and it changed my life forever. On Sunday, January 18, 2004, I ran a help-wanted ad in the New York Times that read in its entirety, “Programmer – Will train, enjoyment ofContinue reading “How my life was changed when I began caring about the people I did not hire.”
Do Traders and B-School Grads Play Fair?
I am a securities trader with a business degree, and I wonder if we are like normal people. Let’s find out. Imagine $10 has to be split between two people who will never meet each other. The first person can propose how the money will be split and if the second person accepts the proposalContinue reading “Do Traders and B-School Grads Play Fair?”
Karma – The only currency the IRS cannot tax and the FED cannot devalue.
by: Brooke Allen brooke@brookeallen.com http://www.BrookeAllen.com The InterContinental Hotel Group (NYSE Ticker: IHG) is the largest hotel group in the world with seven brands (Intercontinental Hotels, Crowne Plaza, Hotel Indigo, Holiday Inn, Holiday Inn Express, Staybridge, and Candlewood Suites). They claim more than 645,000 rooms in over 100 countries. If I take the time to joinContinue reading “Karma – The only currency the IRS cannot tax and the FED cannot devalue.”
Second Greatest Generation
by: Brooke Allen brooke@brookeallen.com http://www.BrookeAllen.com Paul Krugman wrote a piece in the New York Times in which he wonders if Congress will vote on a stimulus package to head off the Great Depression II. Some believe that it was World War 2 that got us out of the depression because it was the greatest stimulusContinue reading “Second Greatest Generation”
Persistence
© 2009 Brooke Allen brooke@brookeallen.com http://www.BrookeAllen.com Originally published in International FamilyMagazine Republished in Folks Magazine on 11/7/09. I was working as a computer programmer at Rutgers University when I saw the perfect job advertised by American Airlines. It had everything that I wanted: interesting work, decent pay, and free travel everywhere American flew. I sentContinue reading “Persistence”
Brooke Allen 