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I think the efforts do make the markets more efficient, and it would be hard to argue the opposite. I'm just wondering out loud if that's a meaningful use of s
by rybosworld 2y ago
I think the efforts do make the markets more efficient, and it would be hard to argue the opposite.
I'm just wondering out loud if that's a meaningful use of such a large percentage of top talent. I'm not faulting anyone who chooses to go that way. There's a lot of money to be made. To me, it seems unfortunate that we don't better incentive pursuit of science/engineering.
This paper breaks down how many people from top schools (MIT, Yale, Harvard) get jobs in finance. It's between 20-30% of the graduating class every year.
https://www.hbs.edu/ris/Publication%2520Files/16-067_3d306ef8-09a1-42b3-956f-a797846b9e3c.pdf https://www.hbs.edu/ris/Publication%2520Files/16-067_3d306ef...
- jjtheblunt 2y agoI bet it's partially that the money is good, and partially that the puzzles are enticing.
- smabie 2y agoTrading is just like, a lot of fun you know? Atleast that's my primary motivation for it.