sysgen [none/use name,they/them]

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Joined 4 years ago
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Cake day: July 25th, 2020

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  • 95-97% of the people in a typical high finance office are working class or PMC people. The reason why finance is so lucrative is because it concentrated wealth so effectively. I know this because I was an IT guy in a very very high finance firm a long time ago - the vast majority of people are paper pushing schmucks and excel/PowerPoint contortionists and, like, 3-4 guys are partners or whatever and take the dough. And most of the times they’re going to be at home or on a trip sipping martinis, possibly with clients. Another 4-12 people are going to be sharing a bit of the profits in exchange for overworking the rabble. It’s a bit different nowadays since the quantitative finance people took over a lot of it and they only employ people that could work in tech but yeah traditional finance is mostly a PMC trap. The bourgeoisie is too smart to spend their life in a cubicle. At most there would maybe be the replaceable CEO.







  • It’s good because you can use it to cut through the corporate bullshit, it’s bad because the people most active in it are prestige and money obsessed freaks. If you make a post without stating how much money you make 90% of your replies will be about that.

    On the other hand it’s saved me from multiple very very bad decisions, so it’s good in that sense. It would be cool if it was more generalized and wasn’t just for programmers/salespeople/project managers/quants.