What is a well known 'public secret' in the industry you work in that the majority of outsiders are unaware of? - eviltoast
  • bemenaker@lemmy.world
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    1 year ago

    Thats the entire world anymore. Everyone wants to make wall street happy, and those assholes are more addicted to money than cocaine. There is no long term planning anymore, everything is next quarter’s profits. It is what is killing capitalism, short term greed.

    Rolling Stone published a great article a few years back from a former trader, talked about how he got out of college, was super happy when he got his first bonus worth $100K. A few years later, he was mad, lividly pissed, his bonus was on a couple million, and not more.