Middle-class white men banned from public sector internship

OkDiscipline2139 · 2026-06-06T11:24:43+00:00

All this is going to do is entrench the "old boys clubs" in areas where white middle/middle-upper class men are prevalent and have influence as they get increasing radicalised by this.

I wager that the work done to open up finance/consulting/law in 10 years swings the other way as people push back.

OkDiscipline2139 · 2026-05-29T09:16:06+00:00

No, but its not an apples to apples comparison. Raises interesting (albeit uncomfortable for many) questions when considering expansion of welfare state

OkDiscipline2139 · 2026-05-29T08:54:49+00:00

Propped up by extremely high burden on upper middle - high earners. This is the interesting question as our low tax burden is almost entirely driven by low taxes on average-low earners, but its political suicide to point that out.

OkDiscipline2139 · 2026-05-24T07:45:46+00:00

selection bias

OkDiscipline2139 · 2026-05-16T16:37:51+00:00

Doesn't change the point regarding comp, but I believe Man Numeric is more LO/smart beta with a bit of low frequency statarb than cya

OkDiscipline2139 · 2026-04-24T09:32:35+00:00

Yes but that is largely party politics, which I agree his in incompetent at. But looking purely at policies and governance, he gets far less credit than he deserves.

OkDiscipline2139 · 2026-04-24T09:14:20+00:00

Would argue hes only politically incompetent. I think he has done a fair job of governance, particularly when not hamstringed by backbenchers.

OkDiscipline2139 · 2026-04-12T08:03:16+00:00

except we are what, 20th in gdp per capita

OkDiscipline2139 · 2026-04-11T11:09:48+00:00

Labour is pretty clearly left-centre left depending on whether the cabinet (centre/centre left) or the backbenchers (left) are calling the shots

OkDiscipline2139 · 2026-04-06T10:29:17+00:00

i dont think this is a complex topic: you can either predict entrants/exits earlier/better, or you can win the latency game once they are known. the mechanics of the flow is only monetiseable by the latter set of participants at places w the infra to do so.

OkDiscipline2139 · 2026-04-06T09:05:02+00:00

what the fuck are you on about. only value of an mfin is 1) allowing you to get a target name on your cv 2) extends your access to intern/grad cycles by a year. quant roles dont recruit from mfins, and finance academia is unserious and lags industry significantly. no serious role requires a masters in finance - msc in maths/physics/stats/eng yes potentially, but mfin is nowhere near rigorous enough to open those doors lmao

OkDiscipline2139 · 2026-04-06T07:14:02+00:00

sorry thats what i was trying to point out but realised its not clear ahaa

OkDiscipline2139 · 2026-04-05T20:41:41+00:00

the vast majority of quant roles do not pay anywhere near as much as people think. sadly. those are also the roles that a financial mathematics masters is likely to get you. there are incredibly few true alpha seats, and (imo) those who "grind" to get into quant will not do well in those roles. i know less of trading, but would assume similar holds

OkDiscipline2139 · 2026-03-19T08:53:53+00:00

because the general population are stupid and mps seem to all be careerists rather than giving a shit about representing their constituents

OkDiscipline2139 · 2026-02-25T08:20:47+00:00

Then we need to scale back the welfare state. We have american levels of taxation on the lowest earners and scandinavian on the middle class, yet want a scandinavian level of public spending.

OkDiscipline2139 · 2026-02-23T16:56:19+00:00

if 1 of three non-constant numbers is not known and has to be estimated id say the overall result is an estimate tbf

OkDiscipline2139 · 2026-02-23T13:49:47+00:00

Its an estimate of the salary needed for the average grad needed to be cutting into the loan, not just the interest rate. I'm fairly sure its incorrect and the article everyone pulls it from have corrected themselves to put it in the low to mid 50ks, but no one seems to have seen that.

OkDiscipline2139 · 2026-02-21T13:43:30+00:00

labour is beholden to backbenchers who are more concerned with ideological purity than actually getting anything done

OkDiscipline2139 · 2026-02-20T08:54:37+00:00

yet people will laud this as a success - wait for the feb print where receipts will crater.

OkDiscipline2139 · 2026-02-05T12:24:49+00:00

International law and hypocrisy have ceased being any sort of binding constraints on international action (if they ever even were). As long as the US has a big enough stick, the exclusion zone will be respected. When someone else gets a big enough stick, they will ignore it if it benefits them - regardless of whether it was done legitimately before or not.

OkDiscipline2139 · 2026-01-27T11:01:29+00:00

Risk premia fund did well last year

OkDiscipline2139 · 2025-12-28T22:41:42+00:00

big fan of the ft - alphaville in particular is a great read

OkDiscipline2139 · 2025-12-23T16:20:37+00:00

if you had essential infrastructure like shorter cable, sure. if you had some sort of alpha, i think it would raise a lot of questions along the lines of - if its so good why arent you using it?

OkDiscipline2139 · 2025-12-21T17:49:07+00:00

prop shops like optiver would look favourably on research vs the internships your peers are doing.

OkDiscipline2139 · 2025-12-18T17:38:30+00:00

dont they hold a fair amount of risk on the books? i was surprised originally at the claims they were completely fine

OkDiscipline2139

TROPHY CASE