• Sharebar

I've been hearing a ton of stuff on here about the banking hours, PE boredom, etc. and I think while people do glamorize those two jobs a bit much on here, pretty much every job that sounds cool is not as cool as it seems.

Astronauts will spend 99.99% their time calculating numbers and checking ship temperatures for the .01% of time they might actually be in space, 99% of doctors won't be the surgeons saving a guy with a quadruple bypass but most of them will spend a ton of time billing insurance companies and matching codes to conditions and treatments, and 99% of professional athletes won't experience a Willie Mays catch or a Peyton Manning touchdown, but they will be guys on minor league teams spending 99% of their time slightly adjusting their arm movement to figure out the best way to throw a ball. Even a ton of porn stars hate their jobs and try to imagine themselves somewhere else during sex scenes (guys included). There's a reason jobs pay you instead of the other way around - because most people would never do them if it weren't for money.

The grass is always greener...

The WSO Advantage - Investment Banking

Financial Modeling Training

IB Templates, M&A, LBO, Valuation + Learn More.

IB Interview Prep Pack

30,000+ sold & REAL questions Learn More.

Resume Help from Actual IB Pros

Land More IB Interviews. Learn More.

Find Your Perfect IB Mentor

Realistic IB Mock Interviews. Learn More.

Comments (19)

  • manbearpig's picture

    Thank you for enlightening me. I learn so much every day.

    -MBP

  • monkeysama's picture

    I bet being a male porn star would be terrible. I mean the pay would obviously be bad, you'd have to have a refractory period of like 10 seconds.

  • alexpasch's picture

    I think different jobs will suck to different people.

    Did it ever occur to you that maybe the astronauts don't mind doing those calculations? Like if you go to banking, you at least hate Excel less than most people. You think someone whose passion is graphic design is going to want to do excel all day? Obviously not, but put them in front of photoshop and they have a blast. You think I would want to work in photoshop all day? Hell no, lol.

    Consultant to a Fortune 50 Company

  • SUPER JUNIOR MONEY's picture
  • serial monkey's picture

    we get pay a lot to shuffle paper, that's true

    don't worry about blue collars, some of them make more than us (self-employed contractors in the construction business, chinese restaurants owners), basically, any successful cash business

    this applies also to successful people in commission based jobs (car dealership salesman, real estate agents...)

  • In reply to monkeysama
    alexpasch's picture

    monkeysama:
    I bet being a male porn star would be terrible. I mean the pay would obviously be bad, you'd have to have a refractory period of like 10 seconds.

    I read this interview once of this male porn star and he was saying how people think it's a much better job than it actually is. Pay isn't that great, and you actually end up with a really skewed perspective on sex. He basically said that when sex is your job, sex isn't as much fun anymore. He said he did like the job and didn't want to do anything else, but he definitely emphasized that it's not as amazing as most guys think.

    Consultant to a Fortune 50 Company

  • Independent Gestion's picture

    Doing anything is less rewarding that one imagines it will be. I ran a startup for a year and a half interacting with music/entertainment/nightlife execs and as much as I thought it would be the most exciting time of my life, after 6 months I was just stressed going over accounting statements and receipts in excel. It's funny how wherever you start there's a good chance you're going to end up sleep-deprived at 3 am on Microsoft Excel. At least banking doesn't sugarcoat what it is.

    "Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to become the means by which men deal with one another, then men become the tools of other men. Blood, whips and guns or dollars."

  • randombetch's picture

    Radiation oncologists and many types of surgeons (plastic, ophtho, ortho) have really awesome jobs. Just took a ton of work and sacrifices to get there.

  • International Pymp's picture

    Meh, I sort of agree, but also sort of don't buy it. I am in PE now and it can be boring at times, but I look at what the senior guys at my firm do (the same thing as me, but without all the PPT / Excel shit that I spend 60% of my waking hours on) and I get excited about working in the industry over the longer term. They get to be salespeople, negotiators, managers and also creatively apply honed financial skills & knowledge. They have tons of smart young people around all the time who look up to them and do whatever they ask.... and OF COURSE, they get paid a fuck-ton of money and show up with a new rolex and/or $3,000 suit every three days. It ain't a bad life.

  • In reply to randombetch
    alexpasch's picture

    randombetch:
    Radiation oncologists and many types of surgeons (plastic, ophtho, ortho) have really awesome jobs. Just took a ton of work and sacrifices to get there.

    A really good friend of mine is chief resident in rad onc at a really good hospital/school. Smartest doctor I've ever met. He works 8/9 to 5/6. When he becomes an attending, he'll probably go to private practice and make like $300+K a year.

    The specialities like that (dermatology is another one notorious for this) are really hard to get into (think of them as the HF and PE of medicine). They pay the most but also tend to work less than your typical doctor.

    Also, I think it's amazing that the medical field was smart enough to realize that ultra long hours are counter productive, so they changed their work/on-call structure (i.e. from 100hr weeks to 80 hr weeks, so ppl could actually sleep), while meanwhile, in banking, for how smart they claim to be, they can't seem to realize this... (and sure, not every hospital abides, but still, it's common sense and their loss if they don't)

    Consultant to a Fortune 50 Company

  • Sterling Archer's picture

    An astute observation from machinegunfunk? Is this real life?

  • In reply to randombetch
    Studiofan's picture

    randombetch:
    Radiation oncologists and many types of surgeons (plastic, ophtho, ortho) have really awesome jobs. Just took a ton of work and sacrifices to get there.

    That is certainly true, but along with the years and years of schooling there is little upward mobility. Of course a surgeon will never be broke, but a surgeon will not have the same level of mobility as a banker. As in a banker that becomes partner or MD at a top firm can be raking in millions in bonuses while a sugreon will pretty much make the same throughout their career. That being said 500K+ a year for reasonable hours as a surgeon is still fantastic pay.

  • In reply to alexpasch
    HappyThanksgiving's picture

    alexpasch:
    randombetch:
    Radiation oncologists and many types of surgeons (plastic, ophtho, ortho) have really awesome jobs. Just took a ton of work and sacrifices to get there.

    A really good friend of mine is chief resident in rad onc at a really good hospital/school. Smartest doctor I've ever met. He works 8/9 to 5/6. When he becomes an attending, he'll probably go to private practice and make like $300+K a year.

    The specialities like that (dermatology is another one notorious for this) are really hard to get into (think of them as the HF and PE of medicine). They pay the most but also tend to work less than your typical doctor.

    Also, I think it's amazing that the medical field was smart enough to realize that ultra long hours are counter productive, so they changed their work/on-call structure (i.e. from 100hr weeks to 80 hr weeks, so ppl could actually sleep), while meanwhile, in banking, for how smart they claim to be, they can't seem to realize this... (and sure, not every hospital abides, but still, it's common sense and their loss if they don't)

    That's because screwing up comps or fonts and colors on a pitchbook is nowhere near as critical as killing a patient because of sleep deprivation (though some bankers will have you think otherwise)...

  • In reply to alexpasch
    Sterling Archer's picture

    alexpasch:
    randombetch:
    Radiation oncologists and many types of surgeons (plastic, ophtho, ortho) have really awesome jobs. Just took a ton of work and sacrifices to get there.

    Also, I think it's amazing that the medical field was smart enough to realize that ultra long hours are counter productive, so they changed their work/on-call structure (i.e. from 100hr weeks to 80 hr weeks, so ppl could actually sleep)

    A friend of mine doing his residency in neurosurgery will often work lawyer hours...as in 30+ straight. And he's not sitting around all night waiting for a VP's comments. He'll be in the OR all night, simply because it's inefficient (read: dangerous) to bring a new surgeon in mid-procedure, and ends up getting less sleep than any banker.

    But in general I agree with the sentiment of this thread. Unless your job is "independently wealthy," work will always suck to some extent.

  • In reply to Sterling Archer
    alexpasch's picture

    Juwanna Mann:
    alexpasch:
    randombetch:
    Radiation oncologists and many types of surgeons (plastic, ophtho, ortho) have really awesome jobs. Just took a ton of work and sacrifices to get there.

    Also, I think it's amazing that the medical field was smart enough to realize that ultra long hours are counter productive, so they changed their work/on-call structure (i.e. from 100hr weeks to 80 hr weeks, so ppl could actually sleep)

    A friend of mine doing his residency in neurosurgery will often work lawyer hours...as in 30+ straight. And he's not sitting around all night waiting for a VP's comments. He'll be in the OR all night, simply because it's inefficient (read: dangerous) to bring a new surgeon in mid-procedure, and ends up getting less sleep than any banker.

    But in general I agree with the sentiment of this thread. Unless your job is "independently wealthy," work will always suck to some extent.

    Yes, there are exceptions for special situations. Doesn't change the fact that the trend is towards something more reasonable (unlike banking where I believe the trend is in the opposite direction...)

    Consultant to a Fortune 50 Company

  • In reply to HappyThanksgiving
    alexpasch's picture

    To unlock this content for free, please login / register below.

    Connecting helps us build a vibrant community. We'll never share your info without your permission. Sign up with email or if you are already a member, login here Bonus: Also get 6 free financial modeling lessons for free ($200+ value) when you register!

    Consultant to a Fortune 50 Company

  • In reply to Studiofan
    alexpasch's picture

    Consultant to a Fortune 50 Company

  • In reply to alexpasch
    Jorgé's picture

    People like Coldplay and voted for the Nazis, you can't trust people Jeremy