I am sitting here chuckling to myself about all of you saying 'college is a waste of time', blah blah blah.
What is so funny? None of you, who didn't go to college, even bothered to learn the true purpose of college. For those intelligent enough to recognize its purpose, college has NOTHING to do with education. Everything I have learned in my bull shit Ivy League Education, I could have learned on my own.
Know what I got out of my bull shit Ivy League degree? Many, many a connection into the investment management industry. The parents of the people I met, as well as the kids who have gone on to be very successful, are only a phone call away. It is about playing the game boys (or girls).
Same goes for all you self-motivators and go-getters -- all you born entrepreneurs -- it is all about playing the game and meeting the right people to be able to acquire the venture capital for whatever you are trying to achieve. Yes, you CAN do it without a degree -- but sometimes a bullshit degree is enough to show you the door. You still have to walk through it, but that door can be a lot, lot more difficult to find without people showing you the way and turning on some lights.
Now, if you want to be a trader -- well, that is a different story. If you are entirely self reliant and don't care about any industry or any connections because you never want to manage money or anything like that -- then a degree probably isn't important. And for you guys with a great track record after 10 years, then yes, that will replace a degree if you want to manage money.
But I know plenty of kids who used their fancy-degree connections to get accelerated training in the money management industry and are now making cash hand over fist managing other people's money.
Also, realize, that people like the idea of being in an 'exclusive club'. Those in power tend to favor those of the same 'pedigree'. Is it bullshit? Yes. But if you recognize it, you can use it to your favor. Of all the money managers I have met, I would say 75% of them have ivy league degrees.
So for those of you who are claiming that a college degree is worthless -- if you are talking about the 'education', I would agree. But I honestly believe you are missing the point.
What is so funny? None of you, who didn't go to college, even bothered to learn the true purpose of college. For those intelligent enough to recognize its purpose, college has NOTHING to do with education. Everything I have learned in my bull shit Ivy League Education, I could have learned on my own.
Know what I got out of my bull shit Ivy League degree? Many, many a connection into the investment management industry. The parents of the people I met, as well as the kids who have gone on to be very successful, are only a phone call away. It is about playing the game boys (or girls).
Same goes for all you self-motivators and go-getters -- all you born entrepreneurs -- it is all about playing the game and meeting the right people to be able to acquire the venture capital for whatever you are trying to achieve. Yes, you CAN do it without a degree -- but sometimes a bullshit degree is enough to show you the door. You still have to walk through it, but that door can be a lot, lot more difficult to find without people showing you the way and turning on some lights.
Now, if you want to be a trader -- well, that is a different story. If you are entirely self reliant and don't care about any industry or any connections because you never want to manage money or anything like that -- then a degree probably isn't important. And for you guys with a great track record after 10 years, then yes, that will replace a degree if you want to manage money.
But I know plenty of kids who used their fancy-degree connections to get accelerated training in the money management industry and are now making cash hand over fist managing other people's money.
Also, realize, that people like the idea of being in an 'exclusive club'. Those in power tend to favor those of the same 'pedigree'. Is it bullshit? Yes. But if you recognize it, you can use it to your favor. Of all the money managers I have met, I would say 75% of them have ivy league degrees.
So for those of you who are claiming that a college degree is worthless -- if you are talking about the 'education', I would agree. But I honestly believe you are missing the point.