Muffie on Markets

Muffie Benson-Perella (muffie AT muffmarkets.com) was an Associate in the Investment Banking Division of a “Bulge Bracket” bank. She holds a B.A. in French and Art from Vassar College and an M.B.A. from Harvard Business School. She concentrated in Contemporary French Poetry at prep school where she was awarded the exclusive premiership of the school’s “French Club.” Today, Ms. Benson-Perella is the Founder and Managing Director of “Muffie on Markets” (http://www.muffmarkets.com), a deep dive into capital markets, finance and investment strategy. She is also the Founder and Managing Director of Muff Cap, LLC., an invitation only, private investment vehicle for prestigious and accredited investors only, employing an actively managed, long-short strategy.

I used to think that being a generalist was a good idea, since it is hard to come up with investment ideas, and I wanted to have the most opportunities available to me without annoying restrictions. For my entire life I have found restrictions annoying and burdensome. But recently, I’ve realized that I have a deep expertise in financial services, particularly given my experience in the area.

So I have started to look at the prestigious investment banks. I found some interesting things. For example, Bruce Wasserstein, who runs Lazard, went to Harvard Business School and Harvard Law. Reputation and expertise being as important as it is in investment banking, it seems pretty clear to me who is worth betting on. Then I did some more analysis.

Bruce has surrounded himself with good looking executives who have more than a passing resemblance to Hollywood stars. That’s foresight in hiring.

Bruce Wasserstein and company

And so, with a market order at the open MuffCap added LAZ today @ $36.75