“In truth, Wall Street is in for a radical makeover. Fewer people, lower margins, lower risk, lower compensation — and ultimately, fewer talented people.”
i agree with him and would add that it’s not just wall street. it’s all industries. it’s all breaking apart, spreading out. this isn’t necessairly a bad thing. it’s just different. for the past 150 years we’ve built up, up up. now it’s time to look inward and move out, out, out. around and across. across oceans, across regions, across what we thought were divisions but maybe needn’t be.