<p>perhaps you should do some research on El-Erian, formerly from Pimco, now running Harvard's endowment. He earned his PHD, wanted to teach but needed money for his family, so teaching ended up not being an option. He ended his last job as the largest emerging market debt manager with 28 billion under him and rankings putting him higher in 5 year returns than 90% of his competition. No he is CEO of harvard management and will be teaching classes on the side</p>
<p>MAybe you should re read the sentecnce I typed</p>
<p>"This is very general by the way."</p>
<p>you may write that sentence, but the way your words things are not general in anyway.</p>
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[quote]
perhaps you should do some research on El-Erian, formerly from Pimco, now running Harvard's endowment. He earned his PHD, wanted to teach but needed money for his family, so teaching ended up not being an option. He ended his last job as the largest emerging market debt manager with 28 billion under him and rankings putting him higher in 5 year returns than 90% of his competition. No he is CEO of harvard management and will be teaching classes on the side
[/quote]
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<p>Actually, from my perspective I thought Everything was talking about PhD's in business, because thats what most business school professors have.</p>
<p>El Erian has a PhD in Economics and many other successful trader types have had similar degrees (PhD Eco/hard sciences).</p>
<p>i was commenting on the part claiming succesful people do not get PhDs and also the fact he studied economics to teach, as many college professors shows that even though they didnt go out to make money, the is a good probability that they would be succesful</p>
<p>Ask him why he quit the business world.</p>
<p>Yeah.. A sub at my school graduated from Brown University and then worked on Wall st and was living the life, but he got sick of it and decided to become a math teacher :) So yea.. It happens.</p>