Leadership Letters
Where We Stand
Where We Stand As calendar 2018 comes to a close, it’s not only the painful volatility and collapsing asset values that are on our mind. Markets will ebb and flow and business and investing cycles are as natural as the earth spinning on its axis and revolving around the sun. The thing that vexes us
Good-Bye Relaxing Merry-Go-Round And Hello To The More Volatile Roller Coaster Of Financial Life
Good-Bye Relaxing Merry-Go-Round And Hello To The More Volatile Roller Coaster Of Financial Life Many of us may have been lulled into a false sense of ongoing super low interest rates and virtually non-existent volatility. It was only a matter of time before reality returned and the fact that it took as long as it
Sometimes We Can All Use A Little Perspective
Sometimes We Can All Use A Little Perspective Earlier this week, one of us was probably scammed out of $50 on the subway. While in transit, some guy opened the sliding door between the cars and announced he was throwing himself off the train because he was starving and homeless and desperately needed $20. It
10 Years Later — 25 Lessons We Learned From The Financial Crisis
10 Years Later — 25 Lessons We Learned From The Financial Crisis Dear Clients and Employee-Partners, It has been 10 years since the nadir of the global financial crisis. In some ways this feels like ancient history that we can barely remember (nor want to). In other ways, it feels like it happened yesterday and
Sense of Urgency When all is Good
Sense of Urgency When all is Good Welcome back everyone! We hope each of you had the chance to unplug a little this summer from our usual frenetic daily pace at Jefferies. We know the two of us did this and while it was a very productive summer, the stars aligned in a manner that
Our Special Millennial Summer Intern Setting the Tone for Jefferies for the Month of August
Our Special Millennial Summer Intern Setting the Tone for Jefferies for the Month of August Last month, we asked each of our 205 analyst and associate summer interns around the world to set the tone for all of Jefferies by writing their own August 1st JEF Today letter. We write our own note monthly as
Please “Disrespect” Your Senior Management Team!
Dear Clients, We wrote this letter today to our employee-partners with each of you in mind. As you strive to build your respective organizations, perhaps some of what we say may resonate with you and your own employee-partners. Thank you. Please “Disrespect” Your Senior Management Team! “I didn’t want to trouble you, as I didn’t
What To Look For In Your First “Full Time Real Job” Out Of School
We are thrilled that 166 analysts and associates from over 84 different universities are joining Jefferies today for our 2018 summer intern program.
Big Day, As Together We Take “The Mighty JEF” to the Next Level, Yet Again
Big Day, As Together We Take “The Mighty JEF” to the Next Level, Yet Again We are usually very prompt, but please forgive us for the one week delay in sharing with you our JEFToday for April 2018. Given the magnitude of the developments we are announcing today, we thought you would find the wait