<p>The secret on Wall Street is that you are making money for the wrong reasons and losing money for the right reasons. Back then, Merrill had 20% of crude market and was a major player of copper market in the world, they WERE the markets. If they wanted to move it, everyone would go with them. When you play this kind market, you do not just make/lose money, you go to jail if you are not careful. as some of our clients did.</p>
<p>Sorry, this is really off the topic. I am stopping here.</p>
<p>ewho:</p>
<ol>
<li><p>You don’t know what you are talking about on simple derivatives. Your answers are wrong on both questions.</p></li>
<li><p>You are well below the standard set up the prestigious IB.</p></li>
<li><p>It is better to spend more time studying than chatting about what colleges are more represented at IBs on Wall Street.</p></li>
<li><p>By the way, what college did you attend? I know it is not Harvard, UChicago, or MIT. I’ll discount the quality of education your undergraduate college provides.</p></li>
</ol>
<p>Sorry for being so frank.</p>
<p>
I would say studying economics/ math at University of Chicago would be much better. Also other great economics programs I’ve heard of ( that I can think of off the top of my head) are at New York University and Duke.</p>
<p>jun-
Or you don’t understand. Tell me how to hedge 2000 contracts of crude against your swap position?</p>
<p>
Like you are above.
Same to you. But I did not say anything bad about UChicago.
A temple in a remote mountain in China.
What about graduate degrees? 
I still think the little things people learned in undergraduate studies are useless.
Same here.</p>
<p>Chicago can’t compare to schools like Wharton, Harvard, or Princeton for undergrad recruiting on Wall St</p>
<p>OK, what about Cornell. Definitely can’t beat Wharton and HYP and maybe Columbia. But is it even in the second tier (in terms of recruitment, opportunities and what we are talking about so far) with Dartmouth and others? Where will you put Cornell?</p>
<p>I don’t think there’s a lot that beats economics at uChicago, honestly. And besides, there are a lot of internship possibilities in Chicago… A lot more than in Indiana at least, I presume.</p>
<p>This thread makes me lol</p>