Star analyst Mike Mayo gets read by Dimon, written to by Buffett and stared down by Solomon
From Fortune:
60-year-old powerlifter Mike Mayo had an unassuming life as a Wall Street analyst despite his high-flying banking business career. He stunned convention-goers last year with his lifting abilities. Despite the odds, he’s also made a name for himself as a strong analyst stating that bank stocks are about to soar.
Mayo is well-known for his intense coverage and unignorable presence on Wall Street. Though his views have been incorrect in the past, he’s scored enough wins that CEOs like Jamie Dimon respect his opinion. Mayo admits that his bold pronouncements attract attention, but he insists he’s always focused on better serving his clients.
Mayo’s unusual persona, complete with showy pronouncements and talk-show appearances, has earned him some detractors. However, Mayo insists that his persona was necessary to be heard in his business. The strong opinions he holds have led to run-ins with some of the banking sector’s biggest names, including Warren Buffet and others.
Despite his showy nature, Mayo has made quite a career after climbing from his modest roots to a position of power on Wall Street. After the great financial crisis, Cody was also a key figure in the struggle to separate bank researchers from the dealmakers who wanted positive press. Through ups and downs, he’s built a unique position in the banking sector.
Read more: Star analyst Mike Mayo gets read by Dimon, written to by Buffett and stared down by Solomon