From Banking To Uber? Wall Street Continues Path To Silicon Valley

Three Goldman Sachs bankers have left the company to join transportation tech company Uber Technologies Inc this week. Unfortunately for many Wall Street firms, the news likely comes as no surprise as talent continues to flow from Wall Street to Silicon Valley.

The Trend

Goldman itself even seems to be acknowledging its difficulties in maintaining talent. The company announced a new initiative earlier this month intended to help the company retain junior employees, including analysts and associates.

In addition to fast-tracking junior level employees, Goldman has also set up a task force to focus on retaining employees at the vice president level.

Young Talent Considering More Than Salary

While most Silicon Valley tech companies cannot compete with Wall Street when it comes to salaries, companies like Uber have…

Click here to continue reading

Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common SenseI don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!