Re:How Wall Street recruits so many Ivy League grads
by ProAm on Friday May 16, 2014 @01:37PM
(#7756691)
> almost everything on Wall Street is smoke and mirrors hiding what are incredibly simple ideas
This is true for the majority of jobs out there.
Re:How Wall Street recruits so many Ivy League grads
by gaius on Friday May 16, 2014 @02:08PM
(#7756855)
Especially programming jobs.
Re:How Wall Street recruits so many Ivy League grads
by hnnewguy on Friday May 16, 2014 @04:09PM
(#7757647)
>"almost everything on Wall Street is smoke and mirrors hiding what are incredibly simple ideas"
Because Google, Facebook, Twitter, WhatsApp, Instagram and Farmville are complex ideas?
Nearly every good idea looks "simple" in hindsight. That's what makes it a good idea.
This is incredibly accurate. Aside from the guys who come out of MIT and Caltech to do quantitative analysis, almost everything on Wall Street is smoke and mirrors hiding what are incredibly simple ideas. Even a lot of the ostensibly esoteric and complex products (that a lot of the Wall Street guys don't understand!) hide a really simple core concept once you peel back the layers of jargon.