as i was opening up tNYT, this comes up first, headlined.
After Frantic Day, Wall St. Banks Falter.
i'm totally speechless.
so after all the glamourous (or not) stories about working in those IB's...(plus the fact that one has to work over 100 hours per week...)
this is the other side of the coin?
so i guess getting a bare pass in finance course (which in turn, led me to an entirely different world of economics, read: pure maths) actually saved me?
otherwise, i'd easily walk down the path and become an IBer working overtime all the time, which as we all know, means that if i'm not up at 6 in the morning and be at work by 6.30 i should be ashamed of myself...
and if i'd already gone home before 1 in the morning, i should be ashamed of myself, too.
...
i guess for most IBers (or anybody in general), my life as a researcher is entirely a waste of life.
i sometimes get up around 11 and work till 9pm and sometimes i start at 9 and finishes around 6...
this also means that i wouldn't get paid enough to afford lots of things, exotic and luxurious holidays... blings and blahs...
but all those "cool" stories of flying on business/1st class if long haul, and staying at 5-star + hotels on business trips according to my flatmate (rolling eyes) are in fact just the plus side of being an IBer?
my IBer friend once told me that he works his ass off in this job -- he gets up earlier than farmers and goes to bed later than those hookers.
so it's the matter whether you want to earn lots of money within a short time whilst trading in your youth and private time.
i guess if someone's really into it and is highly risk-seeking , it'd be absolutely fascinating.
but for me, as a typical highly risk-averse person, i'd just slack off and suffer from being poor for longer.
whether to join an IB is a tough decision, but one is too lazy to sell herself for so much money.
not only am i risk-averse, but also am i a classic example of lack of consistency.
i never wanted to become an IBer, i guess i wouldn't in the future, either.
at least not after reading this piece of news.
After Frantic Day, Wall St. Banks Falter.
i'm totally speechless.
so after all the glamourous (or not) stories about working in those IB's...(plus the fact that one has to work over 100 hours per week...)
this is the other side of the coin?
so i guess getting a bare pass in finance course (which in turn, led me to an entirely different world of economics, read: pure maths) actually saved me?
otherwise, i'd easily walk down the path and become an IBer working overtime all the time, which as we all know, means that if i'm not up at 6 in the morning and be at work by 6.30 i should be ashamed of myself...
and if i'd already gone home before 1 in the morning, i should be ashamed of myself, too.
...
i guess for most IBers (or anybody in general), my life as a researcher is entirely a waste of life.
i sometimes get up around 11 and work till 9pm and sometimes i start at 9 and finishes around 6...
this also means that i wouldn't get paid enough to afford lots of things, exotic and luxurious holidays... blings and blahs...
but all those "cool" stories of flying on business/1st class if long haul, and staying at 5-star + hotels on business trips according to my flatmate (rolling eyes) are in fact just the plus side of being an IBer?
my IBer friend once told me that he works his ass off in this job -- he gets up earlier than farmers and goes to bed later than those hookers.
so it's the matter whether you want to earn lots of money within a short time whilst trading in your youth and private time.
i guess if someone's really into it and is highly risk-seeking , it'd be absolutely fascinating.
but for me, as a typical highly risk-averse person, i'd just slack off and suffer from being poor for longer.
whether to join an IB is a tough decision, but one is too lazy to sell herself for so much money.
not only am i risk-averse, but also am i a classic example of lack of consistency.
i never wanted to become an IBer, i guess i wouldn't in the future, either.
at least not after reading this piece of news.
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