Morning Coffee: Goldman Sachs' most humble partner on internships to avoid, or not. Ex-hedge fund manager says that most people can never be traders
editor@efinancialcareers.com (Anonymous)
Back when Kunal Shah was an intern in the early 2000s, people apparently told him “Don't rotate into fixed income trading desks — it's all going to get automated”. Now, looking back on that advice from his position as global co-head of FICC at Goldman Sachs (and co-CEO of the international business), he has a fine perspective on why this was wrong, and what that means for people starting their careers today.
Basically, as Shah points out, it was kind of true that many of the tasks which used