just beat them up?sometimes i find myself on the upper east side and i feel as if i'm in a foreign land. i see all these perfectly coiffed people in their pressed clothes looking indescribably content and i grow uncomfortable. why? because i'm not sure whether my resentment is directed at them for their complacency or at myself for secretly wishing i could be one of them? who the hell knows.
but i think that sentiment and ambivalence pretty much describes my feelings toward this times article on wealthy 20-somethings who forgo business school. yes, a caveat: i have virtually no talents in finance, so it's not a realistic assumption that i could join them even if i wanted. can you believe these quotes? omg!
* So he, too, decided to forgo an M.B.A.. Instead, he raised $5 million and started his own hedge fund, Alerian Capital Management, in 2004. The fund now manages $300 million out of offices in New York and Dallas, and Mr. Hammond, 28, enjoys seven-figure payouts.
* “The sales pitch of these private equity funds or these hedge funds is, ‘Come here, and you’ll make a million bucks in two years,’ ” says Gregg R. Lemkau, 38, managing director and chief operating officer of investment banking at Goldman Sachs, who passed up business school to stay at Goldman in the early 1990s when that choice was more rare.
* And because today there are more self-made millionaires — and billionaires — than ever before, 20-something traders seem bolder in their monetary ambitions. Business school often does not fit into these plans. [Ed note: where? i don't know any of these people]
anyway, as my sister once told me after i received my first real paycheck, "hey e, you're a thousandaire!"
4 comments:
for some reason, i really like the ues in the fall. i grew up there (as you know) and usually don't miss it. but when i visit the ues in the fall, i get this kind of longing feeling that makes me kind of want to live there. not sure why. i think it's the light. but it might also be that it reminds me of going back to school after the summer, which i always kind of liked.
My mother still doesn't understand why I don't take a nice apartment off E. 86th Street.
don't most of those snotty 23-year-old millionaires live in tribeca now, or in $10 mil lofts in the financial district?
don't you mean williamsburg?
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