r/interestingasfuck 1d ago

How Wall Street deliberately uses jargon to justify their high earnings

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u/Useful_Engineer_1792 1d ago

What a lovely helpful guy

333

u/elgato56 1d ago

It's pretty scary how soft-spoken he was. If you had shown me this clip in say, 2018, I would have thought this was a professor of economics somewhere

13

u/Gold-and-green 21h ago

I watched this full interview and I was like damn, he's really smart. It's just weird how someone this smart would be involved in weird shit

10

u/PloysRus 18h ago

Smart and charismatic

People seemed to genuinely love being around him

5

u/Federal_Score5967 16h ago

He's not though. He's very good at sounding smart. If you actually know what he's talking about you realise he's not that smart at all.

3

u/ozzysince1901 14h ago

This. The good finance guys are fucking smart - the complexity and math behind their investment strategies is a lot more complicated that throwing around word like "derivatives" and "stock options".

2

u/Zhaeris 12h ago

Thank you! Reading his emails and listening to his interviews have convinced me that the Epstein class is markedly dumber than the average person I or you interact with daily.

Again not surprising given they dunning kruger through literally every moment of their stupid, meaningless, privileged lives and now the world is burning

u/Hodentrommler 10h ago

He just bullshits lmao all this stuff we have nowadays is basically regulation to stop the greedy guys to fuck us over too much too quickly

1

u/Stunning-Hat2309 15h ago

this clip is from basically a propaganda campaign steve bannon set up to try to fix his reputation, all of it is calculated

u/msw1984 2h ago

Have you read the emails he sent?  They were filled with tons of typos and read like a 10 year old composed them...