This wasn’t cmeant to be a vine on education. We are all bringing our personal experiences to the forum. As an east coaster transplanted to San Diego I think I see things very differntly. My friends work for Bain, McKinsey, Goldman, Lehman, Boston consulting or are retired at this point after making millions trading Dot com.s from 1993 to 2000. What I can say is that all of these people were extremely intelligent to begin with so I am certain they did not need to go to top schools to acheive there level of success but I will also say that it certainly helped in the interview process. All of these people enjoy what they do and they are making 7 figures doing it. In addition there are many middle market companies that are constantly trying to get these guys to leave to take the reigns of their companies. They have extremly good quant skills and are very personable. They are also some of the most competitive people in the world. It is this combination of skills sets that has helped them be successful. Good schools and a formal educaiton helped to magnify these talents for these individuals. That is what education is suppose to do.
So I want to let others know that if my chilren find their passion in a business pursuit I will be equally supportive of their interests but statistically many small business fail so I want them to know how the deck is stacked. Work for an investment bank for 2 years and get an MBA and the deck is stacked in your favor.
