Tuesday, September 02, 2003


Just in from another reader:

“I had first hand experience with what came out of Harvard. I worked for a US Investment bank which did it's annual recruitment program from the Ivy League and the better schools.

I have to tell you that the Harvard grads and under grads I ended up with on my trading desk had to be as bad as they could be. As someone who is interested in probability theory, after a while it became apparent to me that this was not just a cluster of "bad data" coming through the works. These people came out of Harvard with the worst attitude towards work I have ever imagined. Not one recruit from Harvard ever turned into a success. In fact there was an almost pass the parcel attitude between desk managers as to who ended up with the Harvard batch. It got so bad that the department which had been the lest profitable for the year ( this being Wall Street) ended up with Harvard people.

And the best: for those who are curious were Wharton Kids.

I tried to figure out why this was so and the only thing I came up with is that Wharton kids were taught properly.”


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