YouSaid · the spoken record

Aryeh Bourkoff

lines on the record
110
first
2022-10-19
most recent
2022-10-19
sittings or episodes
1
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podcast

Every line below is reproduced as it was said and linked to the record it came from. Nothing here is summarised or generated. Directory · Search · Corrections

  1. “Alan Gibsword gave me a shot, and he was a mentor and the person that first hired me into this thing called Wall Street in New York. And remember, I came from California, had no reason to be anywhere near this industry or in Wall Street, didn't know anything really of substance coming out of university except what everyone else knows, which is like how to communicate, look for a job, maybe how to write a little bit. Other people maybe have much more vocational expertise in engineering and medicine than I did, but I was a generalist coming out.”

    2022-10-19 · The Tim Ferriss Show · #629: Aryeh Bourkoff — Media's Hottest Dealmaker on How to Negotiate, Rejecting Constraints, Mastering the Calendar to Create More Time, and How to Play the Long Game · IDENTIFIED FROM THE TRANSCRIPT · source

  2. “And then I may even go counter to what you said. Maybe I'm a counter indicator sometimes, but hopefully you are the indicator. Then obviously over time, if you're right more often than not, you just start investing for yourself. You may not give it to everybody else as a service. That's the motion of a career, right?”

    2022-10-19 · The Tim Ferriss Show · #629: Aryeh Bourkoff — Media's Hottest Dealmaker on How to Negotiate, Rejecting Constraints, Mastering the Calendar to Create More Time, and How to Play the Long Game · IDENTIFIED FROM THE TRANSCRIPT · source

  3. “You and that far more self-correcting than anything they would say internally, but they have obviously institutions to protect. But those documents were full of analysis and thematics and context, both context of the here and now and the past versus the future. But the ultimate goal is predicting the future. If I said to you, Tim, today is, let's say, Monday, and by Friday, I was going to tell you based on certain pattern recognition, what was going to happen to these stocks based on my analysis, or maybe better a year from now. And you believe me because of my credibility and our relationship. And we had a track record together. And that conviction level was high, then you may invest just based on my word. But at the beginning, you said, I need to do my own research. I'm going to read your report. Then I'm going to check it with other people's reports, my own conviction level.”

    2022-10-19 · The Tim Ferriss Show · #629: Aryeh Bourkoff — Media's Hottest Dealmaker on How to Negotiate, Rejecting Constraints, Mastering the Calendar to Create More Time, and How to Play the Long Game · IDENTIFIED FROM THE TRANSCRIPT · source

  4. “Where people internally have the right to say we don't really think that works, but more often than not, they would let you go and let the public be your ultimate judge and juror because that public embarrassment would be much, far more damaging.”

    2022-10-19 · The Tim Ferriss Show · #629: Aryeh Bourkoff — Media's Hottest Dealmaker on How to Negotiate, Rejecting Constraints, Mastering the Calendar to Create More Time, and How to Play the Long Game · IDENTIFIED FROM THE TRANSCRIPT · source

  5. “It has to be a published report that has to have an initiation report. It could be a report on the industry, so it has to have some perspective, some thematic, and within it, some specific company recommendation. So let's just say I want to write a report on the movie studios. And then within that report, I would say here's my view of the movie studios. And specifically my recommendations on Disney and Warner Bros. and Viacom at the time and Fox at the time. And then within these, these are my recommendations, buy, hold, sell, and supportive documents. And then because you knew that no one would actually go and read 100 pages, you'd have to summarize it in a perfectly synthesized four bullet point cover page. And before any of that stuff happens, you have to go through internal processes to defend your”

    2022-10-19 · The Tim Ferriss Show · #629: Aryeh Bourkoff — Media's Hottest Dealmaker on How to Negotiate, Rejecting Constraints, Mastering the Calendar to Create More Time, and How to Play the Long Game · IDENTIFIED FROM THE TRANSCRIPT · source

  6. “And by doing that, it was very embarrassing. This could even be minor things, but it built so much credibility later that when you are right, it counted so much more and for so much more. And then it built your own self-confidence that you really did have something. And then if you're really lucky, and that's where the rankings come into play, when you say something, that's different than the masses. And you have the confidence to say going against the grain to predict the future, then the markets will go with you, the investors will go with you, people will be profitable based on your recommendations. People will make money based on what you say, and you build a reputation. And that was a process.”

    2022-10-19 · The Tim Ferriss Show · #629: Aryeh Bourkoff — Media's Hottest Dealmaker on How to Negotiate, Rejecting Constraints, Mastering the Calendar to Create More Time, and How to Play the Long Game · IDENTIFIED FROM THE TRANSCRIPT · source

  7. “And it's like watching two kids in a schoolyard when you were growing up getting into an argument. And you watched one of them clearly lose that argument and then count down until you saw that they recognized that they would have the confidence to admit that they lost the argument. And there's always a lag. It could be 10 seconds. It could be weeks. It could be years. And that's all about like capitulation. And so the first thing I learned was when I was wrong and I thought that I would be right to quickly recognize that I didn't have anything that was that interesting or different to say in front of everybody.”

    2022-10-19 · The Tim Ferriss Show · #629: Aryeh Bourkoff — Media's Hottest Dealmaker on How to Negotiate, Rejecting Constraints, Mastering the Calendar to Create More Time, and How to Play the Long Game · IDENTIFIED FROM THE TRANSCRIPT · source

  8. “Is understanding the company's fundamental picture. And ultimately, where it's going in the future, because everything today should be understood and everything tomorrow should have a lot of uncertainty around it. So pattern recognition, how to predict the future is the first thing that you really are supposed to be learning as an analyst in order to help inform the masses of which investments But then the emotional stability part of it comes into play when you get out in front of everybody and say with some boldness and some prose and some analysis, here's my view, I think I'm right. More often than not, you're wrong.”

    2022-10-19 · The Tim Ferriss Show · #629: Aryeh Bourkoff — Media's Hottest Dealmaker on How to Negotiate, Rejecting Constraints, Mastering the Calendar to Create More Time, and How to Play the Long Game · IDENTIFIED FROM THE TRANSCRIPT · source

  9. “Which I was someone that really looked at securities or stocks or bonds in a particular industry. So for me, the industries were always media, cable, telecoms, technology, consumer-driven companies. And at first, I looked at those companies from a bond perspective, junk bonds, high yield bonds, and then equities, stocks, and covering those stocks in those same industries allowed me to ultimately get to a goal of helping investors make money with those recommendations. Now, how you do that.”

    2022-10-19 · The Tim Ferriss Show · #629: Aryeh Bourkoff — Media's Hottest Dealmaker on How to Negotiate, Rejecting Constraints, Mastering the Calendar to Create More Time, and How to Play the Long Game · IDENTIFIED FROM THE TRANSCRIPT · source

  10. “Well, that takes me back. A career has different chapters to it, right? I actually think those chapters should be related to one another and foundational in nature, but I don't like to hover in one place for too often. And I also don't like to think about the zero-sum game. So things I'm doing today have no relationship to things I did before. But I'm glad you brought up this analyst job because I think a lot of people forget about that part of my life, but it was so core in training and also in the relationships and the understanding of how to be not only a good purveyor of companies, but also of my own emotional stability, I would say. And so the way I would say that is analysts is often thrown around, but it could be like a therapist, an analyst, but in this case. A research analyst.”

    2022-10-19 · The Tim Ferriss Show · #629: Aryeh Bourkoff — Media's Hottest Dealmaker on How to Negotiate, Rejecting Constraints, Mastering the Calendar to Create More Time, and How to Play the Long Game · IDENTIFIED FROM THE TRANSCRIPT · source