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by fedsocpuppet 437 days ago
I was an undergrad and this is just wrong. Most are not going into HFT, and a bunch don't go into FAANG either. And not everyone who gets in was raised in a perfect upper middle class life. Do you really want to care about judgement from people who think not working at a trading firm is a failure? Those people are insufferable anyway
2 comments

> and a bunch don't go into FAANG either

Then they start their own companies. They don't work at Oracle or Amazon or Fidelity or IBM.

> MIT kids get part time jobs waiting tables or working retail while in school

Just the vast majority of them? A handful don't at best.

MIT EECS undergrad? I can believe not everyone is HFT out of the college, but there is a broader point being made.
Yes. I mean if the point is that MIT grads have unfair advantages sure, but he's built a quite unrealistic image of MIT/its students. There is a whole spectrum from IOI gold medalists to students who fail intro classes.
Yes, he exaggregated intentionally. That's why I referred to a "broader point".