Tuesday, July 19, 2005

Career ideas

Today, our firm arranged for us to visit the New York Stock Exchange, which was a nice treat, as the NYSE has been closed to the public since 9/11.

The information sessions themselves were somewhat terrible, as the presenters apparently had no skill in making things interesting. However, we also got to watch the action on the trading floor and see the closing bell rung.

Watching the traders, I decided that being a specialist or a floor broker might be an interesting career option. It's intense work throughout the day, but my understanding is that your hours basically run with the market. Meaning that you're not putting in the 16-hour days of i-bankers or the unpredictable hours of lawyers.

The downside is that many of the specialists/brokers are there because of family connections, meaning that the jobs aren't all the plentiful. However, it's something to look into.

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