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PG is an amazing writer and the wood worker analogy is very smart, but I am just amazed at how biased he is against finance. I do not know a single person who
by wtvanhest 11y ago
PG is an amazing writer and the wood worker analogy is very smart, but I am just amazed at how biased he is against finance.
I do not know a single person who gets in to finance because 'they want to be rich'. Most people go in to finance because it is viewed as a meritocracy where all your coworkers are really smart. I'm disappointed that someone as smart and experienced as PG has not taken the time to understand such a large a diverse industry.
- tomasien 11y agoYou don't know a SINGLE person who got into finance because they wanted to be rich? I find that shocking. I work in finance (fintech, but but serving mostly traditional finance) and outside of those working for financial inclusion/wellness, getting or "doing well" seems to pretty much be the universal goal.
- wtvanhest 11y agoFirst, I will admit that it is extremely hard to know who wants to do something to get rich, but I can tell you that during the 3 years I spent at a buy-side finance company, no one ever talked about their personal wealth or making money at work. It was always fund performance, risk mitigation, etc. Maybe that was just the culture, but I met many people at different firms and I feel like it was pretty much universal. People that work in finance can "Do well" in many industries. Most people who work for big companies in any management / technology capacity "Do well". There is a massive difference between "Get Rich" and "Do Well"