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Martin Lambert

Martin Lambert

February 14, 2017

Chapter 83 in the exclusive series for Dynamic Commodities- becoming a commodities trader

I knew Martin Lambert from my earliest days in the precious metals department. He had been the operations manager for the bullion department for a couple of years before I arrived on the scene and his role had grown to encompass the back office and settlements function for all of the commodities traded by Philipp Brothers in London since.

No one was more helpful to me on the other side of the pond when it came to my move and all of the issues I had to deal with than Martin. He was not only a huge source of information and assistance he was a friendly, kind and understanding guy. I was able to bounce lots of ideas off of Martin and he was sympathetic when it came to the situation with ex-manager.

After Grinham left I felt isolated, while I trusted Chris Frith he was often on the road on business. In his absence I would seek refuge at the nickel desk or in Martin Lambert’s office. We shared a love of British comedy. I had always been a huge fan of Monty Python and Martin was a devotee of Rowan Atkinson in Black Adder. Whenever we would meet about a business issue, the topic would always turn to those two comedies. I turned him on to some American stuff as well, introducing him to Rodney Dangerfield, Richard Pryor and Eddie Murphy. Martin was an oasis for me in those early days and he would become a close confidante throughout my stay in London.

Martin’s star was rising in the company. Marty Kaufman had spent five years or so in the London office and had a good eye for talent. I quickly learned that Lambert was the Chairman’s eyes and ears in the office. He had a unique ability to remain calm, cool, and collected no matter how difficult an issue. Robert Stein spent hours in Martin’s office bending his ear off about his situation. He politely listened but shared with me that I should just wait the situation out. The ex-manager would eventually leave on his accord and the company would save hundreds of thousands of pounds in “redundancy” pay.

Martin was the point person for operations, credit and personnel in the London office and was promoted to the management committee of the company on a global basis soon after my arrival. Martin was on my side from the day I arrived and was supportive until the very end.

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Post Series: Origin Of A Commodities Trader

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