#3 BLIMPS
BLIMPS are the cocksure brokers with dirigible-sized egos that rival anything Goodyear floats over NFL stadiums. Think Boiler Room. BLIMPS hog the air. They know everything and hear nothing. They talk louder and faster than anyone else, often to bully their clients into trades and their bosses into favors. As a general rule, BLIMPS offer no substance and all it takes is a little prick to bring these giant gasbags crashing to the ground.
How do you hang up on BLIMP stockbrokers?
What’s your favorite way to cut the connection? What’s your story? Years ago, I heard about a prospect who held the phone next to the toilet and pulled the handle before hanging up. The stockbroker called back and said, “Nobody ever flushed me on the phone before.”
You’ll never guess what happened next.
Norb Vonnegut
About the author
Norb Vonnegut wrote 178 articles on this blog.
Do you ever feel the financial news makes no sense? Do stories leave you with more questions than answers? I created Acrimoney to discuss Wall Street’s behavior behind the headlines. As a veteran of a wealth management business that exceeded $1 billion in assets, I offer insight into the people and the “doings” that affect your money. I’ll start the discussion. But I hope you’ll jump in and say what you think.
"The Gods of Greenwich is a pure delight, racing relentlessly from the bedrooms of Manhattan to the boardrooms of Connecticut to the banks of Iceland. Bravo!”
