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Folks on the trading side definitely don't. Folks on the PE side definitely do, especially the decisionmakers
by notfromhere 7y ago
Folks on the trading side definitely don't. Folks on the PE side definitely do, especially the decisionmakers
- semiotagonal 7y agoTrading seems to have people from a very wide variety of backgrounds and capabilities. I think it's the result of random events being the most significant filtering mechanism. Anyone can get burned on a trade at any time, so staying in the game doesn't really depend on anyone's qualifications or abilities.
- notfromhere 7y agoFeel like for trading you either have it or don't, and no pedigree will save you on a bad trade.
- deleted 7y ago[deleted]
- airstrike 7y agoAnd, if anything, people from less secure socioeconomic backgrounds may feel they stand to lose less by pursuing a riskier career path (and I mean "risk" in the real sense of a broader range of outcomes) than, say, PE or Corporate Law, so they are a larger share of S&T