Quote:
Originally Posted by Unregistered
Exactly. To talk to people who doesn't know what IB is about, need to be at same frequency.
When somebody is talking in the elementary level, you will have to lower yourself to the same level. Anyway, earlier post was to talk about ROI and not on IB per se.
You must acknowledge Fund Managers and IB are making more money than the engineers if all are merely employees.
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High percentage of engineers started their business because of the limitation in salary...
and many of them flare better than the IBs.. Most IBs are attracted to the salary and bonus they get and this limits their potential and courage to involve in business...
We see many successful engineers or other background ppl in business but rarely IBs.. may be only some small financial consultancy firms and selling products from banks and insurance company... and nowadays it is dying off because if I can buy direct from bank why do I buy from you? Can you provide better guarantee and services? Although the policy is guarantee by bank not you but many prefer to go direct.. And these IBs have to fight for underwriting business from these "useless" engineers.