Friday, August 31, 2012

Before You Major in Finance...

A lot of readers (and people in general) really like economics and finance.  They find it intellectually engaging and intriguing.  And they should because it is.

Just don't major in it.

I say this because I majored in it and, though, you would think it is a practical degree with mathematical aptitude, the entire industry is a cronyistic, nepotistic, brown-nosing mess that puts a premium on connections over mathematical genius. 

And as an aside, yes, there will be a consequence to such a vital component of the US economy being corrupted. Namely, the confiscation/eradication of your precious 401k.

But, again, to quote Michael Savage,

"You don't want to hear about that.  No, no, you much rather hear about some guy hitting a ball over a fence."

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