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Investment banking means a specific thing, not merely having worked in finance. None of your examples were investment bankers. Bezos and Khan worked at hedge
by foobarqux 13y ago
Investment banking means a specific thing, not merely having worked in finance.
None of your examples were investment bankers.
Bezos and Khan worked at hedge funds. Thiel worked as a derivatives trader. Wales was a trader. Schacter was a quant trader.
Pincus was an investment banker.
- ig1 13y agoAmong people who work in investment banks "investment banking" has a specific meaning (i.e IBD) but in general usage it's meaning covers the wider capital markets. For example see the Wikipedia article: https://en.wikipedia.org/wiki/Investment_banking https://en.wikipedia.org/wiki/Investment_banking
- foobarqux 13y agoWhile it is true that "investment bank" means a bank that does investment banking, investment banker does not mean an employee of an investment bank. A trader at an investment bank is no more of an investment banker than a backend software developer at the same institution.
- ig1 13y agoI think you misread the thread, the discussion was about the field of investment banking and not specifically about investment bankers.