<p>every negative stereotype... hmm what might those be? </p>
<p>a) a fast career trajectory including work experience with the world's leading companies?
b) successful transition to owner of a highly profitable business?
c) outperforming 90% of the market while "all of these dumb guys are getting canned"?
d) having created enough financial security to take care of my family and retire by the time I am 40?
e) all of the above</p>
<p>i'll take that as a compliment, thank you.</p>
<p>wutangfinancial, i'm not sure which industry you work in (if you are in business at all) or what level you have achieved in your career, but I assure you that my resume and career would go toe to toe with just about anyone's including yours.</p>
<p>I see multiple flaws in that plan, and abilities outpace you in many other fields other than finance. </p>
<p>Ive been around way to many finance guys in my day to believe half the crap they preach. I stick with my engineering and common sense background with my street smarts. In the end you don't stand a chance against guys like me. Engineers make money from nothing, you are forced to collect money already in the pot, money already made by somebody else. </p>
<p>So go look at Forbes 400 Richest in America, Engineers pretty much run the show. Now I dare you to go global.</p>
<p>Honestly, we all share the blame. It's the American public's fault for taking on mortgages they can't reasonably afford and treating housing like a tool of speculation. It's the banking industry's fault for pushing and pumping up what are essentially junk bonds. It's the Fed and SEC's fault for not tempering the banking industry's recklessness. It's Congress's fault for propping up inflated real estate values with all sorts of mortgage deductions, Community Reinvestment Act, etc. whatever.</p>
<p>It comes down to this: just because you can take easy money and make a quick buck in the short term doesn't mean you should. </p>
<p>But most of all, I place the blame on Wall Street itself for taking too much risk, and the Fed/FDIC/SEC for letting them and being asleep at the wheel with regards to regulation. Risk is good in moderation, but evidently Wall Street doesn't know what that means. And of course, finance guys will never admit that they had a role in this too. And if the banks don't understand what moderation means from studying the past three meltdowns, maybe its time they go under.</p>
<p>The quicker we can stop pointing fingers, the quicker we can move on and start thinking about how to get out of this mess. And the more we learn from this mess, the less likely we are to repeat this in the future. But I have very little faith that Wall Street will come out of this having learned anything, and therefore are doomed to repeat the same mistake over and over again. Of course, next time, I'd prefer that the Fed/FDIC/SEC/whoever do its job in the first place and we not run ourselves straight into the ground.</p>
<p>the prestige_
huh? I wasn't referring to your career success. And I actually agree with you-the Ivy League did not kill Wall Street. </p>
<p>You seem pretty angry and insecure. Like you're overcompensating for being picked on in high school and never getting dates. I'm sure your career is more impressive than mine. But I think I have a far better personality. There's other guys on this site that went to Wharton and they behave in the same socially maladjusted manner, where they constantly feel the need to berate other posters and flaunt their accomplishments. </p>
<p>If it's so self-evident that you're superior, why are you so insecure that you need to post your accomplishments on an online forum intended for kids looking at undergrad colleges? Is that all you get for 100 hour work weeks?</p>
<p>not quite, Wu, i had a stellar prep school record, top grades, top board scores, national merit scholar, varsity athlete, student council, academic awards, etc. the whole nine. sorry to burst your bubble, but i was absolutely a big man on campus. </p>
<p>and please, i've dated models from Ford modeling agency and actresses - i've gone to school with and dined with Royalty, captains of industry and political heavyweights -- my "date" history and social calendar is far more impressive than yours i assure you.</p>
<p>
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But I think I have a far better personality.
[/quote]
</p>
<p>My, my, if you don't say so yourself. Why don't you high five yourself? <em>larfs</em></p>
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where they constantly feel the need to berate other posters and flaunt their accomplishments.
[/quote]
</p>
<p>no i don't feel the need to "flaunt" them, only when someone tries to call me out on my record.</p>
<p>
[quote]
I see multiple flaws in that plan, and abilities outpace you in many other fields other than finance. </p>
<p>Ive been around way to many finance guys in my day to believe half the crap they preach. I stick with my engineering and common sense background with my street smarts. In the end you don't stand a chance against guys like me. Engineers make money from nothing, you are forced to collect money already in the pot, money already made by somebody else.
[/quote]
I remember having an argument with you once where you repeatedly insisted Engineering is a waste and Engineers are stupid for picking a career with low earning potential (they make a good salary but someone in finance can end up making way more than them) and you bashed Engineers several times - now you're pretending that you're an engineer yourself? Unless you were lying before...either way you're pretending to be 2 completely different people with opposing views, which I find kinda weird...which one are you lol?</p>
<p>sefago: Bush is not the problem, it is the people who manage our government that cause this problem (congress, senate...etc). From the 1940 until now. But don't worry, super Obama is here.</p>