Is this a joke???!

[nimbus]

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I-bankers want to attend medical school. Clearly the posters have not been privy to the wisdom of the SDN Anesthesia forum.

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Chances at Top Bacc Programs? Ex-Investment Banker

 

[psychbender]

I had an intern when I was an M3 back in 2008 that was a retired investment banker. He said he always wanted to be a doctor, so after he made his money, he retired and went to med school. One day, while looking at stock tickers on the screen in the residents lounge, he said, "huh, I just made more money today, then I will all year as an intern."

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[deleted697535]

I had an intern when I was an M3 back in 2008 that was a retired investment banker. He said he always wanted to be a doctor, so after he made his money, he retired and went to med school. One day, while looking at stock tickers on the screen in the residents lounge, he said, "huh, I just made more money today, then I will all year as an intern."

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Yes but he might not have told you about the loss he had yesterday? Or the mental anguish they endure when the stocks skip a point

The vast majority of investment bankers cannot trade to profitable levels and are glad to take a salary.

This one guy in particular may be an exception

 

[somedumbDO]

I was a index commodities trader for 5 yrs before med school. it's way more stressful than anesthesia. swings are crazy up 100k one day down 150k the other. Just wait until you have a large margin call and your stuck or 9/11 hits and the market has gapped down 3 times unable to get out of a trade. I had 2 buddies that were hit w a 10 plus million loss, and one of them jumped out the window of his building so his wife wouldn't know his lost everything...Give me a CDH or TEF repair any day much less stressful than being a big market trader.

 

[leaverus]

I was a index commodities trader for 5 yrs before med school. it's way more stressful than anesthesia. swings are crazy up 100k one day down 150k the other. Just wait until you have a large margin call and your stuck or 9/11 hits and the market has gapped down 3 times unable to get out of a trade. I had 2 buddies that were hit w a 10 plus million loss, and one of them jumped out the window of his building so his wife wouldn't know his lost everything...Give me a CDH or TEF repair any day much less stressful than being a big market trader.

wait, you can't leave us hanging like that. wouldn't she have found out anyway when she heard he jumped out the window? more importantly, what floor was he on and did he make it?

 

[somedumbDO]

wait, you can't leave us hanging like that. wouldn't she have found out anyway when she heard he jumped out the window? more importantly, what floor was he on and did he make it?

Sad story, he was a nice dude, wife kinda a gold digger. This was on the cme in Chicago. It was fatal. He had a whole life policy that paid his wife a chunk of money.

 

[psychbender]

Yes but he might not have told you about the loss he had yesterday? Or the mental anguish they endure when the stocks skip a point

The vast majority of investment bankers cannot trade to profitable levels and are glad to take a salary.

This one guy in particular may be an exception

Not trying to belittle their job stress, just providing an amusing personal anecdote. This guy didn't care about money, he just always wanted to be a doctor, and now had the time (kids in college) and money to do it. Probably retired from medicine not long after training, though. He wouldn't have had too many more years of running around left in him.

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[GravelRider]

Bankers are so 2005. Now it’s tech jobs, computer science, and creating a worthless startup in the hopes it gets bought out by Facebook, Google, or Amazon.

 

[nimbus]

Forgive my ignorance but I thought bankers and traders are 2 different jobs.

 

[pgg]

When I was a resident doing a CTICU month, one of the CT surgery fellows was an ex finance guy. His friends all told him he was stupid to leave that life to be a doctor, and bet him some absurd amount of money that he'd never be a heart surgeon. I got the impression that he was sick of real money / fake money shell games and screwing people over and went into medicine to atone for his sins.

This was in mid-late 2008 right before everything cratered. I'd wager his friends had a rougher time than he did in his final year of fellowship.

 

[Fpg1245]

When I was a resident doing a CTICU month, one of the CT surgery fellows was an ex finance guy. His friends all told him he was stupid to leave that life to be a doctor, and bet him some absurd amount of money that he'd never be a heart surgeon. I got the impression that he was sick of real money / fake money shell games and screwing people over and went into medicine to atone for his sins.

This was in mid-late 2008 right before everything cratered. I'd wager his friends had a rougher time than he did in his final year of fellowship.

That’s quite ridiculous. The last thing medicine needs is to be viewed as a place of atonement for past “sins” real or imagined.

 

[anbuitachi]

I was a index commodities trader for 5 yrs before med school. it's way more stressful than anesthesia. swings are crazy up 100k one day down 150k the other. Just wait until you have a large margin call and your stuck or 9/11 hits and the market has gapped down 3 times unable to get out of a trade. I had 2 buddies that were hit w a 10 plus million loss, and one of them jumped out the window of his building so his wife wouldn't know his lost everything...Give me a CDH or TEF repair any day much less stressful than being a big market trader.

He had 10 million $ to lose? thats nice i guess.

 

[rakotomazoto]

Sad story, he was a nice dude, wife kinda a gold digger. This was on the cme in Chicago. It was fatal. He had a whole life policy that paid his wife a chunk of money.

Anyone ending their life over money is a tragedy, regardless of the circumstances. No amount of money will replace the value of having that person in the lives of their family and friends. My father in law is retired from trading in the pit in Chicago, mostly cattle futures. Over roughly 30 years, he lost everything twice. One of those times, his wife at the time had emptied out the house and the checking account and she was long gone by the time he returned home at the end of the day. He hit rock bottom hard and went through some rough times. Eventually, he bounced back each time and still retired with plenty of money to live comfortably.

Not trying to judge anyone's life decisions, but ending it to cash in on the life insurance for the benefit of family members seems short-sighted to put it mildly.

 

[somedumbDO]

He had 10 million $ to lose? thats nice i guess.

Futures is a different animal, not like stocks. you can loose more than you have, and owe the house!

 

[somedumbDO]

Anyone ending their life over money is a tragedy, regardless of the circumstances. No amount of money will replace the value of having that person in the lives of their family and friends. My father in law is retired from trading in the pit in Chicago, mostly cattle futures. Over roughly 30 years, he lost everything twice. One of those times, his wife at the time had emptied out the house and the checking account and she was long gone by the time he returned home at the end of the day. He hit rock bottom hard and went through some rough times. Eventually, he bounced back each time and still retired with plenty of money to live comfortably.

Not trying to judge anyone's life decisions, but ending it to cash in on the life insurance for the benefit of family members seems short-sighted to put it mildly.

Again my point that being a trader sucks, rather sit the stool.