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I have a strange sense of sadness for my friends who are "stuck" on Wall Street. Strange because it's weird to feel sad for someone making $250k+ per year, but I've heard their first hand accounts of how much they hate their jobs. If you're the type of person who can step back from the ego-driven culture of investment banking I feel like everyone reaches the same meta-conclusions that Nick did. It's just unbelievably hard for them to step away from the money.

I mean, I'd like to think I would be able to make that choice and that purpose and meaning would ultimately trump a large paycheck. But nobody's putting $250k+ in my pocket so it's genuinely hard to say.

Kudos to Nick for leaving. It took guts.




Step back from the ego-driven culture of investment banking, into the ego-driven culture of startups. Hmm...


ding!


One of the hardest parts about leaving is that after a few years all the friends in the world that you have are in finance because they are the only ones that can afford the restaurants, bars and activities as you. Then when you decide to leave it means giving up all those friends because after leaving you no longer will be able to afford hanging out with your friends from finance. It's surreal to have friends that you can only maintain via your current job.


> it's weird to feel sad for someone making $250k+ per year, but I've heard their first hand accounts of how much they hate their jobs.

Most people hate their jobs. And very few make $250k+ per year.

Investment bankers and traders are smart enough and rich enough to make a leap into a new career, if they really desired.

Your friends should grab a wad of $100 bills from each of their wallets, wipe away their tears, and do something proactive about their lives.




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