Options compensation is retarded
Option compensation is just gamlbing on the stock. The entire point is that the entire basis of investment banking is wrong and underprices options
Your 1m salary is just 50k of options that did well. Salary comparisons are uttelry meaningless unless using cash values. In that measure investment banking is pretty sucky, you can get software contracts for 120/hr and the equivalent of 250k. Nobody in ib makes anywhere near that much.
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