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Corruption in asset management | Harvard MBAs struggle to find work | Office workers struggle even harder | AI is probably coming for your office job

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Jaywalker

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Many of the links are to the WSJ, which are paygated. However, I summarized them in this post. Some of the posts have political elements, but I tried to focus on the business implications as I've already grown sick of the national news' play-by-play coverage of Trump's presidency. Perhaps you'll learn something that flew under the radar. The news stories confirm MJ's assertions about the slowlane, AI, and the job market. Think starting a business is risky? Well, so is graduating from university and expecting a good white collar job with a salary in the United States. Think Wall Street investing is safe? These articles show how "seasoned professionals" are a bunch of clowns.

Hedge fund manager created a fund that completely imploded to the tune of billions of dollars, leaving investors holding the bag. He forms a new one and now has 12bln in assets. When an expert was asked about his history, the expert stated something along the lines of "everyone makes mistakes." Maybe I'm in the wrong business. This confirms' MJ's assertion that these asset management firms are corrupt.

Link

Thinking about getting an MBA? Even Harvard MBAs struggle to find jobs after graduation. Although the data is based on their employment status a few months after graduation, imagine going through all the hoops you need to get an MBA only to be without any employment and six figures of debt. Imagine how bad the employment statistics are for other programs.

Link

Want a cushy white-collar job? Well, so does everyone else. For office workers, 1.6 million struggle to find work and have been applying for up to six months. Things the admissions counselor at school won't tell you!

Link

Imagine being so good at your job that a company is willing to fly you out from your home on a private jet. How do I get on this guy's level?

Link

Martin Shkreli, a convicted criminal for jacking up the price of a pharmaceutical drug by 4000%(link), now runs a YouTube channel where he teaches finance. Everyone deserves second chances!

Link

Follow on channels consolidate his videos link

Worried about AI taking your job? Indeed published a massive report on GenAI and its effect on the jobs market. In sum, start teaching your kids how to crack eggs and chop onions.

Link

The Philippines joins BRICS. If you don't know what BRICS is, it is an alliance between Brazil, Russia, India, China, and South Africa to collaborate on trade. This demonstrate's China's growing power in the global market. The news story was quickly swept under the rug in US outlets in favor of covering every detail of the new Trump presidency. It seems like the US media would find a way to cover Trump's toilet habits if they could. This indicates that China is out competing the US on the global stage.

Link

Want to make a company? Up to 75%(and growing!) of the US production is based on the services rather than on manufacturing or construction. Target the service sector for growth opportunities.

Link
 
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Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

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  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
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  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

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Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

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