Hilarious report by a teenager who worked as an intern in Morgan Stanley. The Guardian carried it today.

It’s a great read — and largely accurate if my teenage kids are anything to go by. It closes thus:

What is hot?

• Anything with a touch screen is desirable.

• Mobile phones with large capacities for music.

• Portable devices that can connect to the internet (iPhones)

• Really big tellies

What is not?

• Anything with wires

• Phones with black and white screens

• Clunky ‘brick’ phones

• Devices with less than ten-hour battery life