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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who wrote (17656)12/5/2004 1:24:29 AM
From: mishedlo  Read Replies (2) of 116555
 
mklein responds to Wendy
Nice post, Wendy. Just a comment which is a little off your main topic.

I've been a manager (before my "investment" career:-) at various levels in the high-tech industry in Silicon Valley. I think what you say about the subject-focused education is accurate, and I will admit right off that most engineering jobs will go to the subject-focused people. But in my case I looked for a more general smartness -- knowing the fundamentals in numerous subject areas and an ability to solve problems they haven't seen before. Because, simply, after a year or two on the job, enough changes so that if you can't start solving different problems, you slowly move toward irrelevance. Change might be as simple as a reorganization or someone from the group leaving and their tasks needing to be reassigned.

In my experience -- strictly my own, not a statistical sample -- those educated in Western countries from high school equivalent and up, generally stood well above the rest in this aspect. And this is in general, not to the last person, but it was certainly a consistent observation over the years. Clearly there will be exceptions, etc. But in reflecting on the overall educational experience -- the subject-focused approach turns out people knowing today's subjects extremely well, but who will likely fall further and further behind over time against those who were more broadly educated. Strategically one approach or the other might work better under specific needs and circumstances, I'm not making a judgment call on that.

That is 100% my opinion based on personal observations and no scientific basis.

-Mike (mklein9)
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