Why are senior bankers so tall?

IgnorantIntern's picture
Rank: Monkey | banana points 41

I've noticed that directors and managing directors tend to be taller than average people

When bankers get promoted, do they grow an extra inch or two? Is the added height included in senior bonus packages? Do PE guys get the same benefits, or do all the short bankers go there?

Asking for a friend

Private Equity Interview Course

  • 2,447 questions across 203 private equity funds. Crowdsourced from over 500,000 mem.
  • 9 Detailed LBO Modeling Tests and 15+ hours of video solutions.
  • Trusted by over 1,000 aspiring private equity professionals just like you.

Comments (29)

Aug 1, 2018

People say height is all genetic, but this is not true. Of course, you need the right genes to be tall, but proper development requires low stress and good nutrition during your more rapid growth and development stages early in life. The more complete parenting and higher household income of educated adults who planned a family, probably points to developing kids who will be both tall and successful or earn more. In other words, I think there's a coincidental correlation. One doesn't need to be tall to be successful, but if a person is tall in their youth, you can probably predict the person will be successful.

    • 3
    • 4
Aug 1, 2018

until you go to the ghetto and realize every younger guy living on food stamps is 6'0''+

yes, nutrition is a (small) part of height. but let's not kid ourselves, it's (nearly all) genetic.

I'm 6'1''. I ate the same diet growing up as my brother. He's 5'8''. Same parents.

    • 2
    • 1
Aug 1, 2018
MonacoMonkey:

until you go to the ghetto and realize every younger guy living on food stamps is 6'0''+

yes, nutrition is a (small) part of height. but let's not kid ourselves, it's (nearly all) genetic.

I'm 6'1''. I ate the same diet growing up as my brother. He's 5'8''. Same parents.

Who's more successful, you or your brother?

    • 1
    • 1
Aug 1, 2018

financially, he is (by a small margin).

philosophically, I am (by a wide margin).

    • 2
Aug 7, 2018

your philosophy is mostly stupid

    • 1
Learn More

Side-by-side comparison of top modeling training courses + exclusive discount through WSO here.

Aug 7, 2018

Well if his genes say that he's 7'0"...

Aug 2, 2018
iBankedUp:

People say height is all genetic, but this is not true. Of course, you need the right genes to be tall, but proper development requires low stress and good nutrition during your more rapid growth and development stages early in life. The more complete parenting and higher household income of educated adults who planned a family, probably points to developing kids who will be both tall and successful or earn more. In other words, I think there's a coincidental correlation. One doesn't need to be tall to be successful, but if a person is tall in their youth, you can probably predict the person will be successful.

Some of the best bait I've ever seen on this board. SB-d

    • 1
Aug 6, 2018

Tell this to the mediocre athletes coming from wealthy white families getting crushed in college sports by the kid from Brownsville who hasn't eaten an actual steak until he was 20...

Genetics

Bo Jackson, Mike Tyson, Hershel Walker, Evander Holyfield, Usain Bolt, Michael Jordan...all came from underprivileged backgrounds...

I think- therefore I fuck

Aug 7, 2018
worklikeamachine:

Tell this to the mediocre athletes coming from wealthy white families getting crushed in college sports by the kid from Brownsville who hasn't eaten an actual steak until he was 20...

Genetics

Bo Jackson, Mike Tyson, Hershel Walker, Evander Holyfield, Usain Bolt, Michael Jordan...all came from underprivileged backgrounds...

Michael Jordan's dad was a plant manager for GE and his mom worked at a bank. He's not really from a poor family.

Aug 1, 2018
worklikeamachine:

Tell this to the mediocre athletes coming from wealthy white families getting crushed in college sports by the kid from Brownsville who hasn't eaten an actual steak until he was 20...

Genetics

Bo Jackson, Mike Tyson, Hershel Walker, Evander Holyfield, Usain Bolt, Michael Jordan...all came from underprivileged backgrounds...

You'd be surprised how loving poor families are. Moms in those poor minority households sacrifice a ton and have a tremendous amount of care and love they give their kids.

    • 1
Learn More

Side-by-side comparison of top modeling training courses + exclusive discount through WSO here.

Most Helpful
Aug 1, 2018

I think only 15% of North Americans are 6'0+, yet over 60% of Fortune 500 CEOs are over 6'0'.
Think of the past 4 US presidents: Trump, Obama, Bush, Clinton. Three of them were 6'1+. The Canadian PM is 6'2.
Height is perceived as a manly trait and helps boost charisma, overall attractiveness and room presence. It's therefore not a coincidence that you seem to notice many in senior management are tall. I doubt Obama would be as popular as he is if he was the height and frame of say Al Sharpton. I also remember Trump absolutely towering over Marco Rubio in the presidential primaries. Beyond his verbal attacks, his simple height advantage exuded dominance.
Before I get MS, this doesnt mean that shorter men can't rise to the top (yes pun) -- it simply means that taller men have an advantage, et ceteris paribus.

    • 10
Aug 1, 2018

I like how you included "ceteris paribus."

    • 2
    • 1
Aug 7, 2018

https://economictimes.indiatimes.com/magazines/cor...
"on average CEOs were just a shade under six feet. Given that the average American male is 5'9" that means that CEOs, as a group, have about three inches on the rest of their sex. But this statistic actually understates matters. In the U.S. population, about 14.5% of all men are six feet or over. Among CEOs of Fortune 500 companies, that number is 58%. Even more strikingly, in the general American population, 3.9% of adult men are 6'2" or taller. Among my CEO sample, 30% were 6'2" or taller,"

Laws of nature, the CEO is more than anything the face of the company, and they need to look according. Why are most people on TV taller or better looking than average.

    • 1
Aug 1, 2018

The number 1 qualification requirement for MD's is they must be an absolute unit. That is basically it. Show me an MD who is not a unit.

    • 6
Aug 6, 2018

in awe at the size of these lads

Aug 2, 2018

Most leaders are taller. Usually 5'10" or above. It has a bit to do with command presence.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee

Aug 2, 2018

Didn't realize this until now but all the c levels I've invested in or hired have been 6 or taller. I'm only 5'11 though.

Aug 2, 2018

Larger people have bigger dicks, which allows them to more totally fuck people with. Easy answers here, man. Think.

    • 4
    • 1
Aug 2, 2018

The head of IBD at my bank is like 5'7. My group head is well below six feet, as are most of the male junior bankers on my team. Just anecdotal evidence that perceptions aren't always reality, although many in IBD may very well be of above average height. Would be interested to see a statistical analysis on height across the st., and at different seniority levels, to get a holistic view.

    • 1
Funniest
Aug 2, 2018

Jim Cramer is 5'6" and is an absolute unit

    • 16
Aug 6, 2018

Trading takes skills. Never been a banker but everyone says a monkey could do it. Also tech CEOs are on average short. Careers that require more talent might be better for short people.

Array
    • 1
    • 1
Aug 7, 2018

Tech CEOs are Jewish or some other form of 3rd World. They are all probably tall for their race.

Aug 6, 2018

I'm choking

    • 1
Aug 6, 2018

6' when i'm standing on my wallet

    • 4
Aug 6, 2018

6ft when i'm standing on the floor. 7ft when i'm standing on my dick.

    • 2
Aug 7, 2018

6 foot, 6 figures, 6 inches ;) #winning

    • 2
Aug 7, 2018

HR was a mistake

    • 1
Aug 7, 2018
Aug 7, 2018