3 ms·
Agreed! Companies basically give you incentives to train, coach, and jam your friends down their throat, which in our view is a huge conflict of interest vs. ju
by dchhugani 9y ago
Agreed! Companies basically give you incentives to train, coach, and jam your friends down their throat, which in our view is a huge conflict of interest vs. just letting you get paid small amounts just to speak with people who are fascinated by what you do every day, but don't have access to you.
- csa 9y ago> what you do every day For the median entry-level hire at a large investment bank, this rounds to... being a high-paid gopher? I went to an elite school, I talked to my Wall Street contacts (both newer people and older) as I went through school, and I ran the other direction. The new folks were drinking the kool-aid, and the older folks had a nice income but were mostly heavily medicated and/or hated life. Note that there are some niches in finance that are super cool to work in, but my thought is that you have to be eyeballs deep in the field already before you are likely even to have a clue that these places exist, much less be a strong candidate for a job at one of these places. For reference, it took me quite a few years after graduating to really grok what these places were about and meet some people who worked there (they were decidedly uncool boutique firms... and also stupidly profitable). Maybe my info is dated. Does anyone have any convincing counter examples to my experience (also shared by quite a few other people I know).