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by sobinator 3904 days ago
A lot of good talent is wasted on Wall Street. Fortunately, most (who don't care for the lifestyle/can't hack it) get wise and leave. The hard thing is knowing when to exit.
1 comments

> A lot of good talent is wasted on Wall Street.

Why do you say that? Finance funds most of society's ventures, the 'system' would look much different without the capital and services that the banking sector provides...

What should we put as the price tag of 'increased liquidity,' just one of a few of the mantras that the middlemen of finance use to justify themselves?

http://www.tcf.org/blog/detail/graph-how-the-financial-secto...

Liquidity is only tangentially related to what the financial sector does.

It's finance that funds ventures. Assesses risk. Decides what ventures will have good payoffs. Its' an incredibly important sector of the economy.

Tell me. Take a look at the services provided here and tell me which ones are "bad" https://en.wikipedia.org/wiki/Financial_services

People that say we shouldn't like the financial sector are people that don't understand finance.

Liquidity actually means that the middle men get less..
I would like to say that talent is not wasted on social network and user tracking websites.