Back to episode — Episode 2595 CWSA 09/12/24
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goodness. Well, I've got the swaddling blanket of comfort on me today because it seems to me that the country is in a weird mental state. And what you need is, well, me. You need me. You need me to snap you out of this bad mental state. It looks like there's doom coming from every direction and the elections look iffy. Yeah, we'll fix all that. I've got an idea to fix all of it actually. Really.…
← Previous segment →announced that they're going to put a limit on junior investment bankers' hours. So if you're a junior investment banker at JP Morgan, they will no longer let you work more than eighty hours per week, no matter how much you want to. What? Who works eighty hours a week unless it's their own company? Well, you can make millions as an investment banker if you do everything right, but it looks like there's a lot of competition for those jobs.
And so the question I ask myself is, if I can see a timesheet for that entire eighty hours, how much of that time are you like just really kicking out the work? Because you know, recently I got some attention for having a good work ethic because I like to show up every day and I'm not big on vacations. I like to work every day.
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But even I don't work eighty hours a week. Eighty hours a week. Do you have any idea what that would do to you? I mean, there's a report of somebody dying from overwork, and in Japan you hear about it all the time. But there's no good reason to make somebody work eighty hours a week. There's no way that that extra ten hours or twenty hours at the end is your good time. You would have to have all k…
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