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It sounds like this is article is focused a little bit towards the financial industry. It would be interesting to hear if there are firms bucking the convention
by digikata 11y ago
It sounds like this is article is focused a little bit towards the financial industry. It would be interesting to hear if there are firms bucking the conventional wisdom and following something like a 'Moneyball' strategy for hiring.
- tcbawo 11y agoMy observation of the financial industry is that people with connections have strategic value that does not go unnoticed. Intellect and hard work are only some of the factors in a successful trading venture. Where many might have potential, pedigree gets you a chance early on. Without a chance, vital skills don't develop. Mentorship is vital. Anyone can succeed. But, you need a combination of smarts, hard work, charisma, and luck.
- digikata 11y agoI had a similar thought that if the company in direct contact with customers of a given social strata, having employees from similar backgrounds that interact with those customers might be an advantage. On the other hand, if the company is say a company that specializes in quant algorithms interacting with a trading api, then personal background yields no advantage.