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This is a halfway decent article from Business Insider.

I find myself 50/50 on this issue. When I need cutting edge info, or niche info, I typically read it on a screen.

When I need offline info, or low power info, or simply a different aesthetic for some reason, I love a nice book. Especially for older info.

Surprisingly, discovery of info is pretty boundless and fun at a large University library, because books are sorted by topics. I don't need to endlessly query Google for the most authoritative resources.

Personally I really feel we need both sources of info. Both types of print have pros and cons.

I don't know if I "perform" better with one type of print though.

"Better" is very subjective, and when I was in college in 2010-13, all of my tests were written paragraphs/essays. Totally subjective.


>so that's what banking looks like?

Unfortunately I'd say yes. Consider that Goldman Sachs has 38,000 employees and the average compensation is 350k-400k per year, per their recent quarterly filing.

It is an elite world based on signaling and deep relationships, because there is a lot of money at stake.


I'd be interested in seeing the median salary, I imagine that's quite a bit lower.


I completely agree, I bet you have 100 people making 10m+ per year, and 20,000 staff and interns at the back office in New Jersey making 45,000 maximum, hired from SUNY schools.

What do you think of my estimation?


You can find salary info for gs grads right out of college.

Hint: its a lot more than 45k


For IB, sure. But are most GS employees traders? It looks like most of the support staff is in the $20-30k range[0], which includes help desk and the like. Even certain analyst positions seem to be in the $45-50k range. On page ten of ascending salaries I've just barely passed $60k.

My point is that while the "average" compensation may be $400k, that's going to account for a very small percentage of the employees. The median is probably well below $100k, dependent largely on just how many support staff there are compared to traders. And even the traders who only last a year or two before getting fired will probably only make $100-150k.

[0] https://www.glassdoor.com/Salary/Goldman-Sachs-Salaries-E280...


Thank you for your thoughtful, reasoned reply, and the effort you put into confirming what I have said anecdotally.

It is often a thankless job and I appreciate that you've provided these numbers. It really shows the income disparity between the top dogs and the unwashed masses and Goldman.


Care to share the source/link for such info.


pc86 is exactly correct and I'm glad that person tore apart your argument for me.

How dare you tell me "hint, blah blah blah" when your source literally confirms what I have stated.

The young and inexperienced workers are just there for data entry and errands for the SMALL percentage of workers who are high powered investment bankers.


This is why it is important to keep backups of backups ^.^

EDIT: I upvoted you twice, HN just loves to downvote anything ;)


When you have to painstakingly earn the right to downvote, you just can't feel bad about using it once in a while.


Hi, I've always been curious what the quota/threshold is. My last account (i336_) got to 1000+ (before I accidentally locked it...) and I never saw the downvote button. Is it like 10,000 or something?


Either they tweak the threshold over time, or there are other factors than karma. I'm sure I gained a downvote button well before 1000. I don't think it's particularly useful -- I only use it when I think a comment isn't worth reading at all. I usually upvote people when I think they're wrong, so we can have an interesting discussion.


Your user page shows you how much karma you need to hit the next level. In your case, you need 172 to downvote comments. https://news.ycombinator.com/user?id=exikyut


Really? I don't see that, I just see a karma level.


I had no idea! Thanks for the pointer. There are more levels?


I don't know. Maybe at 1,000,000,000 you become CEO of ycombinator.


It's 500 last time I heard, but you don't get a downvote button on every comment.

And there is no downvote button on posts (or if it is, I haven't reached that threshold yet.)


I think I got it around 500~. There could be a manual component to it?


I'm not precisely a pizza fan, so no, but

Devil's advocate, literally ALL of my personal info is online and (sadly) very easily searchable, so at this point...

might as well get some free food out of it...


Terrifying mostly for whoever you hit, or whoever hits you.

Sad reality :(


Completely agreed XD

There are two types of organ-donating motorcyclers, though:

1) speedsters / daredevils

2) law abiding riders hit from behind/side


I am a very proud and happy customer of Dollar Tree. I assume the business model is similar to Dollar General.

I get so much awesome shit from there, $1, and no tax on groceries. Portion sizes are proper, quality/safety of off-brand food is completely acceptable.

In a world where millions of Americans are spending $10 minimum per day on Starbucks coffee, I am probably spending $1-2 per day on my entire daily intake of food.

And it's all thanks to Dollar Tree, or alternatively Costco if I am nearby, where prices are similar thanks to wholesale prices.

And I'm not unemployed, I should add. Just a complete and total cheap skate, employed or not, both of which I have experience with :)


Angry recruiters and managers who don't want the truth exposed :)


As long as HN doesn't shadow/hell ban me when these subjects come up and I comment like I did above, I'm always going to fight for workers to maximize their earning potential.


The power of alternate accounts, I've already experienced the end-game you've described ;)

Sadly there is not much of an appetite for truth that affects any business exploits that rely on misinformation.

If you began informing Ethiopian coffee bean farmers of how much Starbucks charges for a cup of coffee for just a few cents worth of coffee beans...

They would find a way to raise their price ;)


>Hypothesis: We don't much care about the good of society.

"We" is a very big blanket term. Quite a few of us care about preventable deaths from bad health choices.

However, quite a few people on this Earth exist that don't care very much about the good of society.

These people run the corporations that are VERY GOOD at selling things that kill us, namely junk foods, alcohol and tobacco.


Well, also, for any given problem, one might feel like the cure proposed is worse than the disease. Maybe we could "solve" obesity by strictly rationing every person's daily food intake and not allowing them to eat anything else besides what they've been provisioned. Who wants to live in that world?


Definitely not I, it's true :)

The nihilistic reality is that none of this matters, everyone will do what they want, people will profit, others will die.

All I ever try to do is provide true information- the user will need to draw their own plan of action from it :)


Since it's IBM, they probably have duped a few logos into buying a trial subscription as part of another sale of a more traditional product.

Voila, now everybody is "using" it

where "using" = sitting dormant.


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