Quote of the Day
The job market of the future will consist of those jobs that robots cannot perform. Our blue-collar work is pattern recognition, making sense of what you see. Gardeners will still have jobs because every garden is different. The same goes for construction workers. The losers are white-collar workers, low-level accountants, brokers, and agents.
In the commercial real estate business, brokers spearhead major accounts. But they wouldn't have customers without the people who oversee construction.
I did everything in my power to give my brokers brand identity and clout in the market. I saw my job as parent to build them up and if I took care of them, then they would take care of their customer.
Up until 35 I had a slightly skewed world view. I honestly believed everybody in the world wanted to make abstract paintings, and people only became lawyers and doctors and brokers and things because they couldn't make abstract paintings.
Those of Manhattan are the brokers on Wall Street and they talk of people who went to the same colleges; those from Queens are margin clerks in the back offices and they speak of friends who live in the same neighborhood.
On the New York Stock Exchange, all buy and sell orders are routed through a single 'specialist,' guaranteeing that most small trades can be matched directly. But most larger trades are delivered to the specialist on the floor of the exchange by human brokers, a system that big investors view as increasingly inefficient.
I was a caddy once and I lost the golfer's clubs. Plus I don't know how to golf, so I was the worst caddy ever. Then I was a mortgage brokers assistant, so that was just carrying around a lot of files - pretty meaningless, mind-numbing work.
Congressional staff members do have a considerable amount of responsibility. But in my experience, the loyalty of the vast majority of staffers to their bosses leads them to be honest brokers of information for the members they work for.
With 'Black Rain,' I spent a lot of time with homicide detectives, and I spent a lot of time with different brokers on 'Wall Street.' It helps get the rhythm of the piece and the tone, and how overplayed or underplayed it might be. That's also the magic of movies: You get to hang out and live these different lives.
The permanent power brokers of this city are the columnists.
Hugh Newell Jacobsen
Too many people say to their brokers, I can't deal with this. Take my money. Do what you want. That's the worst attitude you can have.
Over the years, the technology of trade has changed in response to advances in the ability to communicate. From its origins on the streets of Chicago, the Board of Trade moved to a building housing 'trading pits' for the open-outcry exchange by brokers representing buyers and sellers.
Dale T. Mortensen
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