Aside from the probability distribution issues with investment banker income, it's actually a much harder thing to simply "go do". Going straight into investme

Aside from the probability distribution issues with investment banker income, it's actually a much harder thing to simply "go do". Going straight into investment banking right out of undergrad is a privilege largely reserved for students of "elite" schools [1]. The other way in is post-MBA, but an MBA is quite expensive. The hourly rate also looks very bad [2]; junior/entry-level research analysts routinely put in 80+ hour weeks, regardless of the reforms that were put in to attempt to curb that sort of abuse after multiple deaths. [1] https://news.efinancialcareers.com/uk-en/199099/top-50-universities-getting-front-office-investment-banking-job https://news.efinancialcareers.com/uk-en/199099/top-50-unive... [2] https://corporatefinanceinstitute.com/resources/careers/compensation/investment-banker-salary/ https://corporatefinanceinstitute.com/resources/careers/comp... (Edited to add a couple of pertinent links.)