While it may be true many here are struggling with trading, it is almost certainly true that either success, struggling, or failure, most all here are passionate about their interest in trading. When one is passionate about something and look to others in a somewhat related field, it is easy and incorrect to think that "they are passionate too" about the markets.
Reality is far different. Investment banks are basically just big corporations with high compensation, that are hard to get jobs at. If one is a smart Ivy league grad, it almost a given that one will take a shot at landing a position... even if one has zero or less interest in the markets. Why not? Most of these people are complete conformists, keeping up with the jones mentality times 10, only on average have a higher IQ.
This is particularly true for women. Very few have a genuine interest in the business, but they hear the tails of compensation and are attracted to the "prestige" positions, so they apply, get the jobs, and end up working in the field for some time, till they burn out due to self inflicted misery. Most women would be happier working with children and doing domestic tasks, teaching, or other traditional women's roles. The smart ones would almost always be happier teaching advanced classes, being a prof, or some other job more suitable for women.
So, when the chips are down and burn out has taken its tole, it is not at all surprising that a chick from harvard in a prestigious firm wants to teach kids to bake cupcakes. These people add almost no value at all to corporations/typical stuffed conformist shirts, are far overcompensated, and are miserable.
Most likely, this business venture is the first time this chick has tried to do something in her life that would create authentic happyness, rather than bone up her feminist man-wannabe credentials and help her keep up with her striving classmates.
Reality is far different. Investment banks are basically just big corporations with high compensation, that are hard to get jobs at. If one is a smart Ivy league grad, it almost a given that one will take a shot at landing a position... even if one has zero or less interest in the markets. Why not? Most of these people are complete conformists, keeping up with the jones mentality times 10, only on average have a higher IQ.
This is particularly true for women. Very few have a genuine interest in the business, but they hear the tails of compensation and are attracted to the "prestige" positions, so they apply, get the jobs, and end up working in the field for some time, till they burn out due to self inflicted misery. Most women would be happier working with children and doing domestic tasks, teaching, or other traditional women's roles. The smart ones would almost always be happier teaching advanced classes, being a prof, or some other job more suitable for women.
So, when the chips are down and burn out has taken its tole, it is not at all surprising that a chick from harvard in a prestigious firm wants to teach kids to bake cupcakes. These people add almost no value at all to corporations/typical stuffed conformist shirts, are far overcompensated, and are miserable.
Most likely, this business venture is the first time this chick has tried to do something in her life that would create authentic happyness, rather than bone up her feminist man-wannabe credentials and help her keep up with her striving classmates.