RE: TrackrecordSuccessful Investment Banker:
Wealthy (at least upper middle class) individual who works from home, often a large acreage estate away from the hustle and bustle of the city. Dabbles in classic auto restoration or kit airplane fabrication in his 12,000 sq/ft shop while fielding calls from satisfied friends/family looking to participate in his next private placement or calls from companies looking for his help in finding financings.
Retired Investment Banker:
No one will talk to him, not even his mother who has also lost money on his "can't miss" placements.
I know several Investment Bankers (no diploma required) none of whom are "retired" although you'd never know it from their lifestyles. As long as they are still breathing these guys will be arranging deals. It's easy money and it breaks up their day. Ask any of them "why would you retire?" and they'll tell you, "you only retire when none of your contacts will take your calls." It's not so much "retirement" as it is "finding a new line of work".
None of these Investment Bankers knows the first thing about technical trading. They are successful because of their network of moneyed contacts and their ability to extract a "finder's fee". Outside of private placement deals, none of them makes any money in the markets.
Sound about right Luddie?
P.S. Your writing skills betray you as being perhaps 27 not 37 although it seems anyone under 40 is absolutely pathetic at transcribing thought to the written word anymore.