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> wall street traders When I started working in FinTech at a big bank, our Managing Director mentioned that he was told: "In 2 years, there will no longer be
by alexpotato 4y ago
> wall street traders
When I started working in FinTech at a big bank, our Managing Director mentioned that he was told:
"In 2 years, there will no longer be the job of 'trader'"
This quote was from 2005 and he was sharing it with us in 2007.
While, yes, there are a LOT less traders than there used to be, it is certainly not zero.
- deleted 4y ago[deleted]
- biohax2015 4y ago> there are a LOT less traders than there used to be That is the core of the problem, which has been iterated several times in this thread. Where do those traders that used to be there go? Historically, switching careers or positions has not been insanely difficult. But as there are fewer and fewer jobs, it becomes more and more difficult for people to retrain.