LOL great article. I hate Michael Lewis but he speaks the truth sometimes. He supposedly claims a lot of new young entry level guys who joined wall st are writing letters to him for career advice.
Funny read. if it is indeed true.
^ roflYou simply came to Wall Street too late, and are in the strange position of a man who won the lottery on the first day there was nothing in the pot.
Dec. 10 (Bloomberg) -- Recently I received a letter from a young employee of a well-known financial firm, who asked that I not mention his full name, his employer or anything else that might give him away. Though a bit short on self-pity and self- dramatization, this letter was otherwise a fine example of a sort I’ve received often these past few months.
“I am writing you for advice,” Anthony (let us call him) began. “I graduated in May of 2008 and since July have spent my time entangled in the culture of (his well-known New York bank). I’m thinking about leaving. My dad labored his whole life so I could have the opportunity to do something like this, so leaving isn’t exactly what I want to do. I know if I stay here I could work unbelievably hard and move through the ranks, or maybe move firms… (but) I guess I’m starting to question the whole securities industry.”