![]() And as we approached the end of our four years in college, this is how it seemed. ![]() The idea that art history might be self-improving or that self-improvement, as distinct from career building, was a legitimate goal of education was widely regarded as naive and reckless. Art history, as an economics major once told me, “is for preppy girls from Connecticut.” The chief purpose of art history was clandestinely to lift the grade-point averages of the economics students. The first thing you learn on the trading floor is that when large numbers of people are after the same commodity, be it a stock, a bond, or a job, the commodity quickly becomes overvalued.Īrt history was the opposite of economics no one wanted it on his resume. It was too smart to give people the chance to turn it down. To succeed on the Salomon Brothers trading floor a person had to wake up each morning “ready to bite the ass off a bear.” ![]() You feel that they’re clever, and mean, but not necessarily evil. Who can forget the amazing put-down: “Equities in Dallas!” ![]() Instead he made it about working in London, about making fun of trainees in hilarious ways, and about making piles and piles of cash. He could have filled the book with the miseries of working at your desk for 16 hours a week. That is not to be believed. He makes Wall Street seem far too glamourous. Michael Lewis said that he wrote Liar’s Poker so that fewer idealistic college kids would dream of working on Wall Street. ![]()
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