mik82

ohai Wrote:
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> I don't see what there is to explain. There are
> other finance hubs around the world, like London,
> Tokyo or Hong Kong. Even within the US, many
> people pursue successful careers in Chicago,
> Boston, San Francisco, or other cities. Many
> people in these cities make more than you do.
> Saying that "if you want to work in finance you
> should be in NYC. End of story." is very short
> sighted and very ignorant.

I'm not sure how my income is relevant to this discussion; no need to resort to personal attacks.

L, TK, HK are far more expensive than NYC. Industry-wise, they are at best on-par with NYC. Furthermore, they would probably be an even bigger culture shock than NYC. Not reasonable choices.

While there are some merits to other US cities (e.g. Chicago is good for derivatives and prop trading and CoL is low), the finance industries of SF, Boston, etc are a fraction of NYC's finance industry.