Wednesday, October 27, 2021
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I was the ‘imported from Chicago’ head trader of Mitchell Hutchins in the early 1970s; I was mostly uneducated but had a gift of street smarts and survived well in the brain trust of MH as well as the trenches of Wall Street.
Rising to a directorship and the Management Committee under the guidance of Don Marron, I had a charmed career.
I was always sensitive to my humble origins in a firm of gifted and highly educated professionals and felt that I was much inferior, intellectually, to my colleagues and although I contributed through my trading and desk management ability, I never really felt equal to the intellectual levels of the firm’s analysts and salesmen… Peter Butler made the difference for me; brilliant and highly skilled, he treated me like a true colleague - he made sure that we connected socially and was always a much liked ‘one of the guys’ in spite of his education and lofty position in Wall Street analysis.
A good guy!
