Reflections on Stress and Long Hours on Wall Street(nytimes.com)
nytimes.com
Reflections on Stress and Long Hours on Wall Street
http://www.nytimes.com/2015/06/02/business/dealbook/reflections-on-stress-and-long-hours-on-wall-street.html?ref=business&_r=0
3 comments
Previous discussion - https://news.ycombinator.com/item?id=9643401
> The firm held a small memorial service for Mr. Gupta,
> who was universally liked by his colleagues and whom
> several said was so good at his job that he had
> become one of the “go-to” analysts. Indeed, his
> proficiency and work ethic appear to have led to
> him to take on a large workload.
http://www.ribbonfarm.com/the-gervais-principle/ -- it's better to coast (be a "loser" on the bottom rung) or be a psychopath (in upper management), than to be "clueless" (to be very competent at your job and become a tool in middle management). I hope and really don't think the psychopath/clueless/loser model need always apply, but the Gervais Principle holds a lot of water.
> So he was a 10x analyst and maybe would have gotten 25% to 50% more pay than colleagues -- not worth it.
They guy died when he has barely old enough to (legally) drink a beer. I'd say it was pretty irrelevant if he was making 10% or 1,000% more than his colleagues.
The problem is that the system does not know when to stop. If you exceed expectations, expectations raise until you cannot exceed them anymore. If you have a good boss, he/she will shield you from the worst of it, but eventually you need to learn how to say "No, I am afraid I cannot".
They guy died when he has barely old enough to (legally) drink a beer. I'd say it was pretty irrelevant if he was making 10% or 1,000% more than his colleagues.
The problem is that the system does not know when to stop. If you exceed expectations, expectations raise until you cannot exceed them anymore. If you have a good boss, he/she will shield you from the worst of it, but eventually you need to learn how to say "No, I am afraid I cannot".