4. “Finance really runs the gamut from super bright to dumb as a hammer. Finance is confusing on purpose (lots of acronyms, lots of numbers) and requires salespeople. That’s a potent recipe for sneaking dummies into an intellectually demanding profession…”
“…I used to work at a financial firm helping financial advisors manage their clients accounts and OH MY GOD some of them should not be allowed to handle other people’s finances. There was one advisor who wanted to apply to trade options on some accounts, even though he didn’t even know the basics of options — and no matter how many times it was explained to him, he just didn’t understand. He wanted to apply for the highest level of options. That could seriously screw up someone’s finances if done improperly. We did not approve him.”
