Re:What the interns have wrought, 2020 edition
by logicslave12 on Wednesday August 26, 2020 @04:14PM
(#24286759)
In nyc there’s less than 10,000 investing jobs.
You’re talking about a few thousand people a year
Re:What the interns have wrought, 2020 edition
by nwsm on Monday August 31, 2020 @03:31PM
(#24335127)
I'm not talking about investing jobs! Investment firms invest other people's money. I'm talking about the profit those other people realize, not the profit the firm or its employees realize through fees and investment of its own capital.
Obviously there are not many Robert Mercers making money by running hedge funds, but there are countless millionaires and billionaires exacerbating their wealth through hedge funds.