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Culture War Roundup for the week of March 11, 2024

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Yes to all of this.

The dirty secret in banking is that it is a fantastically boring job with close to zero intellectual stimulation. It's a sales gig that also makes you work 60+ hours a week on busy work. The military analogies and military-like culture makes sense - the guys (and gals) who make it are 10-20% above average sales people and 80-90% "I can take relentless shit for years on end" tough.

The best hustle in the finance world is high-net worth / ultra-high net worth individual wealth management. If ever there was a job that was literally "I get paid to golf and go to cocktail parties" this is it. The hours are sane to luxurious (anywhere from 20 - 40 a week). The money can be seven figures easily. The rub - your first five years are often poverty wages, it is 110% networking (meaning that if your network is bad at networking, you pay the price), and everyone has their "lucky break" story. No one makes it through grinding alone.