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Lumifer comments on question: the 40 hour work week vs Silicon Valley? - Less Wrong
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My brother used to do stock trading (in a small group) for Goldman Sachs before jumping ship for a hedge fund that offered him much more money. Of course, not everyone in finance does stock trading, so he might be seeing only a small part of what goes on...
Right, so ask him about the finance industry (which is mostly banks, by the way) -- prop trading is only a very small corner of it...