Once, I made the mistake of asking a more senior IB analyst the following question at a party (I did not know him well):

"Some junior investment banking analysts work over 100 hours a week. There is no way that anyone is firing at full steam mentally pulling those hours weekly, because science. Why don’t banks just hire twice as many analysts and pay them all half as much to get more intellectual bang for their buck?"

He was not pleased.

Thoughts on what this means for our changing economy (and brunch):

http://robmcfeeley.com/post/65530961398/goldman-sachs-encour...