It's sad to see how far Chicago prop trading has declined in recent years. Not too long ago, I envied my classmates and friends who were working at the top Chicago prop shops and making more money than me, while dealing with less bullshit and better hours. Now they hate their jobs, gloomy about the future prospects of the industry and asking me for advice on how to get into top MBA programs.
Will things better for the chicago prop shops? Or is the era of sick bonuses for twentysomethings now over?
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