The Pros Piss me Off

I consitently see Cramer talk or write about how he would rather have a guy with Street smarts verse Book smarts.  Yet I rarely see guys with street smarts in these major firms.

As an outsider all I see are these guys/girls with awe-inspiring educational backgrounds.  I do not want to take away the importance of an education, as I have one.  But from my experience trying to get into Wall Street from a different industry, they do not care about how well you can trade or see trends or your ’street’ smarts because you will not be trading your first year… you will be someone’s bitch. So they do not care about street smarts, or so I have always been unfortunate enough to never have met a person like that. 

Anyway, that is me venting.  (I got turned down from a Hedge Fund position a few years back, and the arrogance of the manager with a Harvard Education left a bad taste in my mouth.  No skin off my back though, I am a far better trader now than a few years ago, heck everyday I trade on my own I get better and better.)

Knowing you can make money is a great feeling, and when you see it realized it is an even greater one. (ps… i was and am knocking on a lot of wood after stating that comment :)

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