What it Takes to Make $300MM
By BankersBall on Aug 12, 2008 in Famous Bankers
A day in the life of Adam Levinson.
The Fortress Investment CIO, recently awarded a $300MM share grant, works hard for his money. Yoga is is how the new father starts his day, reports the WSJ:
The sport of global-macro investing is a 24-hour business. Mr. Levinson wakes up at his downtown Manhattan loft at 5:10 a.m. each morning and does 20 minutes of Mysore yoga, a self-directed form of Ashtanga yoga named after the southern Indian city. He arrives at the office by 6:10 a.m. for calls with his Asian and London teams.
The only natural break comes at 4 p.m., when the U.S. market closes and Mr. Levinson heads to the gym. He returns to the office around 6 p.m. to prepare for the opening of the Asian markets. He’s usually in bed by 10:30 p.m., but his sleep is typically interrupted.
“On a good day, it’s a couple of calls overnight,” he said. “On a bad one, it’s seven.”
On Aug 13, 2008, Anonymous said:
This guy obviously did not have enough time to get anyone pregnant. I call shenanigans.
On Aug 13, 2008, analyst 3 said:
So much for the buy side work/life balance
On Aug 13, 2008, analyst 3 said:
…or better said, money never sleeps
On Aug 16, 2008, JD said:
I work on the buyside in a similar strategy and that sounds a lot like my day (except for the yoga). And I do it for way way way less than $300MM. Obviously I’m an idiot!
On Aug 18, 2008, Anonymous said:
Seriously, what good is making $300MM if you can’t enjoy it? This guy has no life.