Lai SeeFormer CLSA analyst writes quit-and-tell-all book
Daniel Tabbush, who for many years was CLSA's head of regional banking research, has published a why-I-quit-the-rat-race book. Titled Quit & Run - My Wake Up Call on Wall Street, the book describes how he got into the finance industry, his thoughts about his work and why he left.
Daniel Tabbush, who for many years was CLSA's head of regional banking research, has published a why-I-quit-the-rat-race book. Titled Quit & Run - My Wake Up Call on Wall Street, the book describes how he got into the finance industry, his thoughts about his work and why he left.
His introduction starts: "I was a highly rated bank analyst, at the number one stockbroker in Asia for nearly 20 years, and I decided to give it all up."
Like many others, he became concerned about his work-life balance and decided the continual cycle of endless travelling, dreaming up new stock ideas and the frustrations of trying to say something of value while dealing with competing interests within the firm all got too much.
It's never easy to give up a big pay cheque, but that's what Tabbush did in early 2012. But having taken a holiday and written his book, he has opened his own firm, which issues The Tabbush Report, with the aim of providing an independent voice on Asia's banks. We've not read the book but note one of the chapters is headed The Ego, with the subtitle: "Three words you will never hear from a stock analyst: I don't know".