Hi! I'll be glad to help you with this issue.
Your scores in general are quite high.
Are we chatting live?
Therefore, our first question is whether you are interested in getting more education, or technical training?
Yes, we are chatting live.
I have comparatively low educational obtainments
Are you ashkenazi jewish?
Do you want to go back and get more training?
I am half lol
Yes, I am
I would like to but i have a family to support
I love learning
I have made quite a decent nestegg with trading
When you say you love learning, are you talking about Gemara
but I am scared of losing it if i stop working and return to school
What is Gemara?
I wasn't raised jewish but my mother's side is all german jewish
I meant Jewish learning. I wasn't sure how to interpret when you wrote you love "learning".
No i know relatively nothing about any religions
My scores are indicative of what type of educational obtainment?>
perhaps graduate level ?
you tell me
You know, when you said you've made a nice nest egg trading, a lot of religious young Jewish guys who are intellectually smart, do that for money so they can continue their Jewish learning. Are you doing stock trading? Is that what you meant?
I am shorting and trading
I predicted gold decline last year hahaha
Made over 200% return
closer to 300
The question is:
do you want to make trading a career?
I don't want to do that for a career
no, stressful and the more you dabble the higher the risk is
I always loved medicine but i fear at this point i am too old to return and pursue it
I never went to college btw
so that is partially the reason i am seeking professional help
this question would be much easier to answer on my own if that little variable wasn't there
no university education whatsoever
Interesting statement: "this question would be much easier to answer on my own if that little variable wasn't there"
Let's pretend you DID have a Bachelors Degree. How would you answer the question then?
I would hit the job market and then derive an answer
I don't understand why education is placed above cognitive tests when cognitive tests have a much higher correlation with employment success than education does
Am i crazy for questioning the cultural saturated cult of educational obtainment?
It doesn't have so much weight in technical fields necessarily, nor if you were going to continue in trading, such as working for a fund or bank (stressful).
But for most other professions, it's like high school was 30 years ago.
That's just the way it is.
It doesn't carry any weight anywhere
But again, what does it mean you'd hit the job market? Let's say you had a Bachelor's, what would you actually do?
(I'm only pressing because you're clearly very intelligent and witty. So let me know if I'm pressing to hard.)
I would prob have a degree in a stem field. I would begin applying for jobs and see how the interviews go?
I have no idea I guess
I'm sorry, what's a "stem field"?
science, technology, engineering, mathematics
Oh. Good. Are you talking about being in academia or about being in a business?
my mother has a PHD
she was highly educated
I don't ever remember her practicing judaism growing up either. My father would slightly religious during the time he was going through chemotherapy
If your mom is Jewish, then you're Jewish whether you practice or not.
But we can talk about that in between the job...
i consider myself a jew and also a white person
So, you're interested in academia and your mom is in academia. What's your relationship with her like?
What are my scores indicative of in terms of education obtainment? I guess that's what i primarily want to know?
If i apply myself academically and really try to do the best I can.
I heard the job markets suck though for degree holders
unless you want to live abroad
She is nuts
Hold on, don't judge the academic market yet.
no just kidding
She has issues relating to socialization
I guess my real question is, can she act as a mentor for you in terms of shepherding you through the academic process to becoming a professor yourself?
She was very loving towards me growing up and I even had separation issues in my early teens
And on our other topic, why didn't she want to acknowledge Judaism so much?
I also had a slight case of OCD when i was 16-19 and it was related to the thoughts about losing my mom to whatever hypothetical situation
I have no idea
She didn't seem to give much thought towards theological beliefs
we never went to any church or temple
I doubt it, she is remarried and retired
she wasn't a professor btw, She worked in educational research for government
I don't believe I have any aspirations or ambitions for being a teacher of any sort
I am too socially awkward and aloof
Okay. So she'll be a secondary mentor.
I need a job that pays 80-100k a year that is relatively stress free and allows me to pursue and engage the creative aspects of my intelligence
asking for a lot i know
Yes, there are only 2 other people, I believe, seeking a similar position.
Should i just invest more and try to retire early like her?
It is a completely plausible alternative
Every job is full of stress today. And academia has a social aspect to it.
I can prob retire comfortably at 40
I feel emotions very very strongly for some reason and I believe it has something to do with the social problems i have
although some people i get along with splendidly
Isn't dentistry a shorter, more condensed version of med school lol?
You'd be fun to work with in therapy, but that's a different discussion. Let's focus on our two topics at hand. And first things first: the job.
You type fast and furious. I'd better wait till you finish.
Okay, it says now you're not typing so I'll continue:
There are indeed two reasons to find a career: money and occupying one's meaning system in life.
And you're in an enviable position:
you have the luxury of making choices.
Is it possible for you to combine both things you've said so far?
Can you both start on your career search and continue trading at the same time so that you can retire by 40?
whichever career path you choose, it will require starting with a college track.
gah, i shudder to think about myself sitting in a classroom again
but it will be better than high school right?
the students are more mature and i won't be getting bullied all day
Not really. Only marginally better for you. It depends if you're looking for sex, partying, or studying.
looking for the end goal of getting the degree and career
Am i being naive in thinking that the degree will magically open up all sorts of job opportunities upon graduation?
No. You're just skipping some steps, that's all.
But there's an upside here.
I'd like our resolution here to be that you do two tracks at once:
that you start on getting a BA or BS and
that you continue trading to make a bundle by 40.
Is that workable?
continue working independently in the financial industry via trading and pursue higher post secondary education?
it is I guess
but it interferes with my independent course of study
I spend most of my time reading on the comp after and before work
and spending time with my wife
but i can restrict that and focus on school instead
Good. Because no matter what, school will require your study focus.
Not necessarily so much time, but focus.
Oh my PSI score was 122 and working memory index was 112
forgot to add those on test scores
You are a highly focused person, so that comes out on these scores.
I just want to make sure, though, you realize what I'm proposing.
I think i would be extremely successful in the financial industry
just because of my past performance with my own money
and the amount of growth i have been able to return to myself
but how does one get into these positions of high finance?
You'll need that BA and then a masters degree.
typically through education correct?
Typically a BA and then MA in finance.
I am kinda old at 29 though
but there is still the underlying issue of age
you cannot just magically pretend it isn't there
i feel like a failure because of my lack of formal education
First of all, if it takes you 5-6 years to get that MA in finance,
it permeates into an academic setting
you'll be at a great age:
you'll have both a work history of success, assuming you can show how much profit you made over these years in your own trading,
plus you'll have the theoretical piece for the resume, the educational component.
they would consider that in a job application?
they are not considering strictly professional trading experience?
But again, do you want to work for a financial organization?
i want it
but the stress might kill me in twenty years
i am already usually stressed
You've made money by trading, correct?
Can you show your statements from the broker you use?
You'd black out the ss number, etc.
Okay. Then you've got half of the resume.
Let's start putting the discussion into an organized form:
usually though i am not put on the spot to make decisions regarding large amounts of capital. I am essentially working with my money and am afforded the ability to make careful and intelligent decisions with capital
do you trade more than $1,000 at a time?
Then don't sweat it.
usually 10k to 20k
never less than 10 though
Okay. So let's get started. Your numbers are good.
Number one: I want you to go to resume sites and
start becoming familiar with what resumes for financial positions look like.
All will have an educational component and a job history component.
You're half way there: you've got the history.
Next, I want you to go to the company sites of different funds: mutual, hedge, etc. and trading banks, etc. and take notes on the types of positions that are there.
And as you get familiar with what the positions are (analyst, trader, fund manager, etc.) begin to get an idea where you'd like to plug in.
Third, I'd like you to see what's in your area that qualifies as the kind of business you'd want to work for, that trades in quantities that needs your services once you're ready.
And then start networking: Linked In,
following people's tweets from the firm, etc.
then you'll try to meet people in the industry and in those trading companies and begin to get an idea what's going on.
Fourth, I want you to start interviewing at the registrars (admissions office) of some of the local universities.
You're going to interview THEM.
sounds fun haha
the latter i mean
You're looking for who will give you the most credit hours for life experience. Right. So that maybe you can shave a year from the BA. Okay?
that is a possibility?
Yes, it is a possibility. Remember: you're not coming in as an 18 year old. You're a successful businessman. You have your own trading firm. You are looking to get your Masters and you want to know what they can do for you, okay?
what do you recommend for a major to begin?
in a BA program
I know all of it already lol
so i could likely breeze through it
do they allow students with advanced knowledge to work ahead in university?
Yes, economics. Then you'd get your MA in business or finance. You'll fine tune this with your mentors you find in the finance world.
our focus is this:
when you interview these universities,
you want to tell them that you are seeking life experience credit for some of the introductory economics, business, and finance courses for the BA because you've already mastered them through the business you run.
Remember: you run a trading firm.
You own it and you run it.
a small but highly sucessful one
This is the basis of the life experience credit you are seeking.
Small is not in your vocabulary any more, okay?
So that's the program....
Shall we pick up with our second topic of Judaism or is having a strategy for the job hunt enough for today?
I only have 30 minutes before work though
Do you want to learn more about Judaism?
Is judaism similar to christianity?
It not only sharpens your brain, it is spiritually very meaningful.
i know it's monotheistic
I don't believe they are similar at all.
Can I share some links with you to explore?
Start with Aish.com
Explore the videos, audio, the articles, etc.
The idea in Judaism is this:
Judaism is a religion, but not only.
It's a people, but not only.
It's really a framework for a relationship with G-d, yourself, and the world.
This is perhaps why Jews are known to be successful in business.
And it's a relationship that requires learning.
This is why Jews are known to be intelligent.
So start with the basics. Aish.com has so many wonderful writers and speakers. I know some of them and they're truly amazing people.
don't you think the elevated IQ and higher socio-economic status amongst jews is due to an underlying genetic cause thoguh?
we coudl talk about genetic diseases as well in this issue
You're really making my point:
how do you get a genetic homogeneity that would be required for this to be heritable,
when you've got a people that's been spread around the world for 2,000 years?
there is a lot of admixture in the jewish genetic base
And every generation, we've been chased and killed?
Right, we have so much admixture, yet our "spiritual" genetics is there and constant.
That's what makes Judaism so amazingly unique in the world.
There was a historian, Arnold Toynbee.
He was the greatest historian of the first half of the 20th Century.
He came up with the most brilliant theory of history anyone ever has.
It explained the rise and fall of every civilization.
Rome was explained by him, etc.
And it worked to explain all of world history, except....
Read about Mark Twain's statement about the Immortal Jew on Aish.
My point to you?
I don't know what your Jewish journey will be like and where it will go,
But you are here in the world because you had forebears who gave up everything to stay Jewish.
So, take up the challenge and find out
Well, I think I'd better be going. You're a special young man. I wish you the very best.
Okay, I wish you the very best!
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