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There's a sort of semi-humorous rule on Wall Street: watch where the HBS grads are going, and short that industry. It turns out a lot of HBS grads were going t
by kchoudhu 9y ago
There's a sort of semi-humorous rule on Wall Street: watch where the HBS grads are going, and short that industry.
It turns out a lot of HBS grads were going to work structuring mortgage securities back in 2005-8. They're all going to Silicon Valley now.
You have been warned.
- deleted 9y ago[deleted]
- Bakary 9y agoIsn't that just because those are the hot topics du jour, and these grads happen to be one of the many groups pursuing these opportunities?
- kchoudhu 9y agoIt's more a comment on the perception that HBS grads are behind the curve due to their unwillingness to innovate on their own, but perfectly willingness to enter (and exhaust) a field with parasitic behavior once it has proven to be fruitful. A leading indicator of saturation, if you will.
- ransom1538 9y agoThey are trained to game systems. [Take tests, do better than peers, out think superiors, etc]. But they just need a path to follow. They will follow anything that makes the most money the fastest.