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Old 04-27-2005, 02:50 PM
Misfire Misfire is offline
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Join Date: Mar 2005
Location: Sweating my small-sample ROI
Posts: 234
Default Re: Wall Street Vs. Law School Vs. Graduate School

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I'm currently attending a top-ten school...However, I have no idea with what to do with my life.

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I hope you went on a free ride. Otherwise, why would you spend the money required by a top-ten school without knowing why you're even there??

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I want to have a job where I will earn a decent amount of money...At the same time, sometimes I'm really sickened by the materialism that drives our culture.

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Get over it. Work as hard as you want, make as much money as said work is worth, and don't for a second feel guilty for it.

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Hence graduate school, and giving something back to the world.

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The world is like a kitten. You think it's all sweet and loving, but if it could, it would eat you.

Seriously, the best thing you can do to "give back" is to get as ridiculously rich as you can and in doing so, you will be forced to provide opportunities for others to make their lives better. Bill Gates did more to make this world a better place than Mother Theresa.

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If i go work on wall street, i'm thinking about applying to some entry level stock broker. I might check out some finance firms, but I have no econ background. What would you guys recommened?

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If you like Wall Street, an MBA in finance is a good option. Study econ too (it'll help you get over this anti-materialism nonsense).

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law school vs some sort of job on wallstreet (and if you recommend wall street, what would you recommend vs getting away from all the nonsense and going to grad school and getting a phd of some sort.

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Richard Montauk writes that going to law school is more likely to LIMIT your job options rather than expand them. Unless you are completely in love with the idea of being a lawyer, law school is out.

Go to Wall Street if that's the kind of life you want to lead. Like I said, an MBA in finance probably wouldn't hurt.

A PhD is completely unnecessary unless you A) want to be an academic, or B) you just absolutely need a doctorate to make you feel smart.

Seriously, don't do ANY grad school until you KNOW what you want to do with your life. Get a job for a couple years. Hang out with people who have jobs you eventually want to do. Grad school will always be there. Harvard isn't gonna go out of business. Many schools actually prefer students with some real world business experience under their belt.

More than anything, do what you like. There's money in everything. If I was a multi bajillionaire and I told you that I would pay all of your bills for anything you wanted for the rest of your life, what would you do with your time?

Do the work because you love it. Take the money because it's there.
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