QuoteOriginally posted by: migalleyQuoteOriginally posted by: TraderJoeNot wanting to appear politically correct or anything, but there used to be such a thing as the generation gap. A 40 something may not feel all that comfortable working alongside a room full of twenty somethings, unless of course he was their manager. Good point TJ.That is just pure bollocks. In every sector, apart from finance it seems, people of all ages work together. If they don't like it, they leave and find another position. But this idea that 40-somethings can't possibly work with people of younger age-group does make it seem as if the people working in financial companies/IBs/etc are a most restricted group with very little ability to adapt to a situation outside their comfort zone.I suspect that the real reason is not that people of different ages cannot work with each other, but is in reality age-discrimination, however much the managers and HR departments (who seem to condone it) might disagree.It is not an age-discrimination. Please do not mix oppinion of managment of the banks and oppinion of ordinary hard working quants.Ordinary quants are average and below average level fresh PhD's, who usually have not done anything in Physics or Math, got job in some bank and think that they are very smart.Oppinion of such a people really seems like age-discrimination.I am sorry, if I am insulting somebody, I know some brilliant phisicists in this field, but usually they are exceptions.I have never had any problem to work with people with a different age in science. I worked with 70 yeras old classics when I was 25, I am working with 25 yeras old guys right now. Unfortunately quant job is not a science. Reading last post of TraderJoe I have a feeling thay have some kind of Beauty Pageant of 25 years old guys over there. I am laughing reading the posts when guys mention ages of Black, Scholes and other gurus in finance. Men, you overestimate youself. How you dare to compare yourself to Black , Scholes or Deman, if you were unsuccesfull in your area and have not published more then 2 unknown papers?These people even do not understand that they are not hired to write new equations. Banks have Derman, Joshi, Rebonato and others to write equations. Quants have to do routine calculations. That's all. On the other hand, all this discussion shows very well why banks are not willing to hire 40 years old scientists. Usually people in the managment are much smarter (frequently former good and brilliant scientists)and they understand very well what they are doing. They have a couple of smart guys to do smart job. This is more than enough. If 40 years old phisicist proves that he is Rebonato or Joshi (what is impossible), they will hire him immediately. For the routine calculations they can find somebody simpler than 40 years old physics professor.So, there is no age-discrimination.
Last edited by imereli
on February 8th, 2006, 11:00 pm, edited 1 time in total.