Young Money

Young Money

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Roose, Kevin Hachette Book Group, 2014
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IN THIS SUMMARY

In recent years, the financial industry has undergone a transformation. Changes, such as tighter regulations, have resulted in smaller financial payouts for young financiers, but many of the most talented and ambitious students continue to be drawn to careers in finance. In Young Money, Kevin Roose seeks to understand what attracts people to Wall Street, which people find the most success, and what the future of Wall Street holds in light of these changes. To achieve this, Roose shadowed eight college graduates as they embarked on careers as analysts at some of Wall Street’s top firms. He documented their journeys as they faced challenges, doubts, and questions about the value, morality, and fit of their work to their strengths. Ultimately, Roose discovered what it takes to succeed on Wall Street and the sacrifices that must be made to gain the long-term power and prestige that these types of firms offer.