theroguetrader
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I totally agree... but the same is true for the vast majority of 'so called' graduate jobs.Who is 'they'? The main reason why most people want to become traders is to become rich... and what's wrong with that?The money in hedge funds and investment banking will only come after a decade or two of work. A CEO of a Dow Component company gets paid hundreds of millions of dollars a year. That is more than most traders will earn in their lifetime. However, do you really want to wait until you're 50 or 60 years old to get there?
a CEO of a top fortune 500 company would prob get a basic, and the rest in stock options with VERY strict cash out clauses -
Look at Steve Jobs - worth like 2bn and pays himself a token salary
Damon Buffini - CEO of Permira - (grew up on a Leicester council housing estate) - picked up at least 30m last year... !!
No CEO is "paid hundreds of millions " - !!