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Crowded trading will make you lose money—what about choosing a career that’s crowded?
Right now, the admiration for civil servants and for positions within the system inside China has reached a kind of obsessive level.
A private company/startup: earn 10 million in 10 years < a stable job for 40 years with an annual salary of 100,000.
I figure that even adding 30 years of pension won’t make the math come out.
And on top of that, the system is expanding.
School teachers and state-owned enterprises in small places that can’t even pay wages—two industries that are clearly about to blow up—are also being defined as being higher than others within the system, as if they’re superior to everyone else….