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by johnny4000
5442 days ago
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i used to work at bridgewater as a developer. i liked the culture there and wish more companies had cultures like them. why would you want to work at a place full of problems hidden from sight. no one calls you out because they don't like you. they do it so that you can get better and don't make the mistake again and that your peers also do not make that mistake. if you are not confident enough to be able to learn from your mistakes and make sure your cohort are also not making mistakes then you should look else where to work. also its not cult like there. cults try to remove you from your previous surroundings and indoctrinate you so serve a leader because they promise you salvation. i was not promised salvation and i was given a pay check and could leave if i wanted to. i will say it is some what like a club in that if you don't fit the mold then you will be fired. by the mold i mean from a business perspective you should act according to proper business protocol (which for them more or less means learn from everyone's mistakes, call out bad business decisions so that others can learn from someones mistake, know your understanding of the market decays so it should always be questioned and updated). as for the siavosh's comments relating to finance being a "dubious field", i would change that to there are many dubious people in finance. also by dubious i'm assuming he is referring to random walk hypothesis or some such logic. If you look at ren techs 45% return since its inception in 1988 i would not call that dubious, so there are players who understand the market and many dubious people who do not. i think having a binary opinion about the merits of finance (specifically capital allocation) benefiting society are wrong. You can easily point to bernie madoff and say see...useless! or you can think of all the investors who had the courage and means to invest in apple computers or genentech. was correctly picking to allocating capital to apple a waste of societies resources? |
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