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Derivatives Trader Lets His Watch Talk For Him. But What Is It Saying?

andrewmitchellderivativestrader.jpgToday’s “Look Book,” a New York Magazine feature that displays the island’s residents at their sartorial best and (most often, statistically-speaking) worst, is about pre-schoolers. You know—kids. But since small ones don’t really give a rat’s A about this sort of stuff, and old people don’t really have much left to live for, almost all of the shots are of kids looking away or running from or glaring at the camera, with the parents being all “take that one again, you didn’t get my good side, if it’s important, I’ll make the time.”

First up are Andrew Mitchell, a derivatives trader, and his daughter, Hannah (pictured at left). Actually look like a pretty cute couple, and maybe the most normal of the bunch. Hannah’s wearing white after Labor Day, but her red Jellies are a perfect take on this season’s Wizard of Oz theme and she’s two, so we’ll issue a pass, this time. Kind of seems like Amy Larocca, LB editor, was asleep at the wheel on this one (she’s better known for featuring subjects dressing in the parlance of boho-freak).

But look closer, and Larocca’s buried a question mark within an enigma inside of a mystery, that only people like you can solve—Andrew’s watch. It appears to be plastic, possibly an Ironman. It may even be, as one Dealbreaker commenter suggested, “a $17 Casio.” Not Breitling, or Panerai, or Piaget, or Rolex, for god’s sake. Not even Rolex. Certainly not the limited edition version of Hermès’s “Cape Cod 1928” watch (the “Cape Cod Wall Street”).

What does Andrew’s choice of piece say about him, not as a man, but as a trader? We’re told he works at Barclays, so perhaps he took himself, and his accessories, off the fast track a long time ago? That after he drops off Hannah, he’s going to the gym? New York notes that it is 9 a.m. Is Andrew’s timepiece indicative of the fact that his presence at the office is fast becoming unnecessary? Or is he—to use that horrible phrase—a “big hitter,” who can come and go as he pleases, and is, as another commenter posits, “Above such flashy displays of wealth”? Does Andrew’s plastic say, “I have nothing to prove”? Or “This was all I could afford”? One friend of Dealbreaker is inclined to go with the former, pointing out that “You need only look parallel to Hannah’s left foot. Andrew wears an Ironman because he, quite visibly, has no need to overcompensate via watch.” But that’s just one slut’s opinion. Tell us what you think.

Preschool Drop-off [New York Magazine]


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Comments

I think it says, along with his shoes, that he was some chess nerd that found his way to the desk and wouldn't recognize a nice watch if it hit him in the face.

Outsider.

Are you sure this guy's last name isn't Plant? Before now I thought only Zep's lead singer would pull off the "I'm dressing to the right" look in a suit.

It says neither. The thing I realize about the "Hitters" who wear Ironman watches is that they wear them to signal that they're above the fray of signaling social status through their watch. However, the fact that all these guys wear the same watch signifies that they do need to signal their social status, at least to one another.

Its like the kids I prepped with who drove Honda Civics to demonstrate that they were too environmentally and socially conscious to drive "one of those gas guzzling SUVs." Its window dressing.

Ticking away the moments that make up a dull day
You fritter and waste the hours in an offhand way

Everyone knows it's not about the watch....it's about the rug man...it really tied the room together

A cheap, disposable watch for a cheap, disposable life. A quality automatic timepiece would probably outlast his career.

u doin a survey 2 c if us schlocks are interested in such gear?

You guys remind me of the loser i dated who mocked someone on his floor was wearing a 'starter watch'- Get. Over. Yourselves.

(and keep holding out for the slut dumb enough to actually mother your children so you can re-enact the photo with the watch and shoes of your liking)

Watches. Meh. Wearing a watch to the office is true micro-baller move.

I guess he's a runner, my heart rate monitor stays on my bike.

I haven't worn a watch since 2001.

It's a Polar heart monitor. Just shows he's a gym rat or runner.

Right on. I don't wear one of those wrist shackles either. Damn the man.

At all times of the day I have a bloomberg or a blackberry flashing the time right in my face anyway

Autoweek recently had an issue discussing the similarities between cars and watches, the artful beauty of design and the engineering/mechanical elegence shared by both. Fools (micro/mini baller/posers) who buy Breitlings/movados/etc and other gaudy "name" watched don't get it, and are likely the same people who when coming into $ would rush out to buy the newest sports car.

What I was, and am suggesting is that some of us appreciate watches for more than the name on the face. Just as some of us appreciate say, an early 1950's Jaguar xk120 as opposed to a brand spankin new (insert gaudy sportscar name).

Polar heart monitor. The spin bike is no place for the Rolex. Just ask the dude that got flipped over. Prob wearing his while grunting to the beats.

Mike, so what you're saying is that one should wear early 1950s Breitlings/movados/etc, not new ones?

For Mr. Hunt

Whatever...it's always the same. Get a bunch of rich guys in a room (most of whom make more in a month than their daddy made in a year at the mill) and the bling is going to show...but then you always have the guy who just wants to prove his patrician superiority and old money blue bloodness by showing off some relic vehicle whitout power windows, 'cause that's how class rolls.

The watch looks like a Polar s625x, a high-end watch for serious athletes.

I'm acquainted with Mr. Mitchell from overlapping time at JPMorgan, and I think the answer is that he is very content with how he has been created, so feels no need to compensate with a blingy watch.

The watch looks like a Polar s625x, a high-end watch for serious athletes, or at least athletes attempting to look serious. It usually retails around $300

caveat bettor:

"how he has been created?" Was that just poorly phrased or was it intentionally referential to mid evil aristocracy?

Going by my limited experience, upper-class old-money WASPs wear the cheapest and simplest watches that some high-end brand offers. I've seen
Pateks, Baume & Merciers, even an Omega or two. And if you aren't standing close to them, you won't be able to tell who makes their watches.

No way do these guys want to call attention to something as trivial as a watch. But they care enough not to wear a Timex or Casio.

As for those super-expensive thingys that does lunar phases and similar such crap, they make you look like a rich Russian or Arab -- more money than taste.

Hunt, agree on cars/watches; same types like both; every car event from Pebble Beach to Forumula 1 has Rolex, or Chopard with a tent and some hotties.

re: the XK 120; while it looks somewhat swoopy and classic. Its actually a piece of crap; dritrain, brakes, hp are all below par. Its worth less, yes less than older XKEs from 60s. That almost never happens in the classic car world (think a Ferrari Daytona being less than Mondial). You can edit it to say Mercedes Gullwing or Ferrari 275 GTB.

As an aside, plenty of street dudes collect and are at Auctions bidding up Paul Newman Daytonas and Omega Cousteau PloPropf, if that means anything.

Not calling you out, as a fellow car guy is rarer than Elvis...since most drive minivans w/their Ironman.

You want to see real cash....and I dont mean some NYC hedgiere with horses or some farm team.....go to Pebble Beach and see who wins best of class (Ralph Lauren/Leno lose all the time) or see who owns a Formula 1 team.

2:22 Amazon sells a book called Starter Wife

NY Moms are dogs; never seen so many pear shaped wannabe hipsters.

The Derivatives guy can keep'em

I wear an Ironman to work. It works well, and I don't feel like a sell-important schmuck when I wear it. Leave the jewelry to the ladies and man up a bit, boys.

Jaguars are rubbish! Ferrari's or Alfa's are way more classy and better engineered than Jag's!

Only people with funny teeth (Brits) love it

If you really respect yourself, you'll buy a Volvo. Safe, reliable, fast, and luxurious without being too flash.

Mercedes and BMWs are for tools.

Personally, I prefer a wrist sundial and compass.

If you really respect yourself, you'll buy a Volvo. Safe, reliable, fast, and luxurious without being too flashy.

Mercedes and BMWs are for tools.

@anon 3:41 - I agree with the mechanical/etc problems of the classic jags, I"m just in love with the design. I'd much rather have a Ferrari daytona, maybe early-mid 60's, wouldn't mind an original 427 cobra, early csx either, none of this superperformance nonsense.

Some guys waste bank on art that looks retarded to everyone but them, some spend it on cars, boats, watches, women, everyone has their favored money pit. But as long as you're buying it because YOU like it and not to show off (like the arab/russians with more $ than taste as auto @3:39 affirms), then it doesn't matter what anyone else thinks.

Teh, yeah but does a 427 cobra come with a sundial?

What? Nobody has a Swedish nanny whose duties include "timekeeper"?

Daytona would be nice, rather have a early/mid 60's Ferrari 250 though, droool.

breitling, rolex, movado make some conservatively designed watches that don't really call anyone's attention.

I wear a watch that was stuck up Capt Koons' ass for two years.

This guy's name is Ted Danson. He also loves to donate money anonymously, then tell everyone "I'm anonymous".

maybe you all want to take a step back and realize this guy is lucky enough to have a job that allows him to be able to take his kid to school and focus on this and not a watch.

jesus people..am i the only one who's going to comment on the semi-rare bess levin cock reference that just took place?

"jesus people..am i the only one who's going to comment on the semi-rare bess levin cock reference that just took place?"

“You need only look parallel to Hannah’s left foot. Andrew wears an Ironman because he, quite visibly, has no need to overcompensate via watch.”

how can bess levin continue to get out of bed in the morning if posts like this are the things she does "professionally"?

she posts from her bed, jerkoff.

that's even sadder