4 ms·

I'm so glad I'm not wasting my life working in finance.

by hgomersall 3y ago

envsubst 3y ago
[flagged]
- goldinfra 3y ago
  Most jobs do in fact contribute to the well being of humanity, however little. It's few jobs, like most in financial trading, that actively reduce the well being of humanity. Never will you meet a more self-deluded and pathetic set of humans. Desperate money addicts that often become other kinds of addicts. Whole thing should be abolished. Source: I worked in finance when I was young and dumb.
  - yieldcrv 3y ago
    I, for one, am so glad to “own” the “compose” button at a democracy destabilizing adtech-conglomerate
  - meiraleal 3y ago
    > Most jobs do in fact contribute to the well being of humanity, however little. No, they don't. A lot of jobs hold os back, actually. Salespeople selling things people don't wanna buy, finance and tech bros vampirizing third world countries without the safeguards that western countries have on their capital markets, etc.
- dang 3y ago
  Hey, can you please review the site guidelines and stick to them when posting here? We have to ban accounts that won't. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
  - envsubst 3y ago
    Yes. I expect that the comment above describing jobs in finance as a "waste of life", with no other content is also unacceptable.
    - dang 3y ago
      It sounds like it! but I didn't see that one.
shric 3y ago
I've worked in various small to medium IT companies, a FAANG and another fortune 500 tech company. 6 months ago I moved to a proprietary trading company/market maker and it's the most interesting and satisfying place I've worked so far. I hope to continue to "waste my life" for many years to come.
- hammeiam 3y ago
  May I ask which one, and what your process was that led you to them?
TheAlchemist 3y ago
Out of curiosity - in what domain do you work ? I find the work in finance / tech very interesting. Societally useful ? Almost certainly not. But probably still more than most good-paying tech jobs.
- daft_pink 3y ago
  I work in finance/tech, but my code doesn't execute million-dollar trades automatically. Cash transactions are reviewed by a human, and its mostly data analysis type work. It's one thing to make recommendations or calculations and give the report to a human. It's another to start trading high volume in real time automatically.
pxmpxm 3y ago
Actually it's one of the few truly intellectually-pure endeavors. Everything else is the same pursuit with extra steps: Make a trading strategy to make money vs Make a cutting edge machine learning classifier to back out latent meaning in search queries to produce better search results to drive more traffic to google to sell ads to make money
- hgomersall 3y ago
  You're not wrong, but the problem is those steps are also the steps that produce food, or improve health, or solve climate change or solve any of the innumerable problems we face as a society. As you identify, there are plenty of pursuits other than finance that are not particularly socially useful - it's not a very exclusive club.

I'm so glad I'm not wasting my life working in finance.

envsubst 3y ago

[flagged]

goldinfra 3y ago
Most jobs do in fact contribute to the well being of humanity, however little. It's few jobs, like most in financial trading, that actively reduce the well being of humanity. Never will you meet a more self-deluded and pathetic set of humans. Desperate money addicts that often become other kinds of addicts. Whole thing should be abolished. Source: I worked in finance when I was young and dumb.
- yieldcrv 3y ago
  I, for one, am so glad to “own” the “compose” button at a democracy destabilizing adtech-conglomerate
- meiraleal 3y ago
  > Most jobs do in fact contribute to the well being of humanity, however little. No, they don't. A lot of jobs hold os back, actually. Salespeople selling things people don't wanna buy, finance and tech bros vampirizing third world countries without the safeguards that western countries have on their capital markets, etc.
dang 3y ago
Hey, can you please review the site guidelines and stick to them when posting here? We have to ban accounts that won't. https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- envsubst 3y ago
  Yes. I expect that the comment above describing jobs in finance as a "waste of life", with no other content is also unacceptable.
  - dang 3y ago
    It sounds like it! but I didn't see that one.

shric 3y ago

I've worked in various small to medium IT companies, a FAANG and another fortune 500 tech company. 6 months ago I moved to a proprietary trading company/market maker and it's the most interesting and satisfying place I've worked so far. I hope to continue to "waste my life" for many years to come.

hammeiam 3y ago
May I ask which one, and what your process was that led you to them?

TheAlchemist 3y ago

Out of curiosity - in what domain do you work ? I find the work in finance / tech very interesting. Societally useful ? Almost certainly not. But probably still more than most good-paying tech jobs.

daft_pink 3y ago
I work in finance/tech, but my code doesn't execute million-dollar trades automatically. Cash transactions are reviewed by a human, and its mostly data analysis type work. It's one thing to make recommendations or calculations and give the report to a human. It's another to start trading high volume in real time automatically.

pxmpxm 3y ago

Actually it's one of the few truly intellectually-pure endeavors. Everything else is the same pursuit with extra steps: Make a trading strategy to make money vs Make a cutting edge machine learning classifier to back out latent meaning in search queries to produce better search results to drive more traffic to google to sell ads to make money

hgomersall 3y ago
You're not wrong, but the problem is those steps are also the steps that produce food, or improve health, or solve climate change or solve any of the innumerable problems we face as a society. As you identify, there are plenty of pursuits other than finance that are not particularly socially useful - it's not a very exclusive club.