Sunday, April 6, 2014

Real Investment Banker Ability and Interests



Why do many investment bankers in the business for years, have entered ranks of chefs, gardeners, nutritionists, and other endeavors other than financial, in their later years?

They often show their true interests when terminated or when they have accumulated sufficient funds. Perhaps they were not interested in finance after all. Thus, they end up doing work outside finance.

You would think they knew enough about finance to have it in their bones to write, talk or teach about investments. To remain with finance in some way. But seemingly they do not. Finance to many is a job that pays more than it ought to, to many who are ill-prepared for the job, other than the right school and connections.

And it shows frequently in Wall Street’s insider efforts. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)

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