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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Amy J who wrote (17050)	2/10/2004 10:41:18 AM
From: fatty	Read Replies (1) \| Respond to of 306849

>She should apply for grad school. The social life is low-cost and there's lots of nice guys. The guy sitting next to me has a PHD in Particle Physics from an Ivy league. How much school should one get? Most advanced degrees that don't lead to professional certification simply ain't worth the opportunity cost. MBA for example, if you don't get into the top programs, you might as well invest the money in the stock market. >Just out of curiosity, how did you see it coming? Well, there were a couple indicators telling me that people with the right skills would be in demand. First, in the mid 90s, almost everyone I knew got job offer after graduation. I think that caught most fresh grads by surprise because the media didn't drum up a forthcoming recovery like it has been doing for the past 2 years. Second, computer had finally moved into the mainstream. Computer stores were opening everywhere in the neighborhood. The college grads were far more skilled at computers than the existing work force. Third, I was lucky to be working in IT consulting. So I saw firsthand how IT helped different business and how poorly trained were most clients' employees. I saw firsthand how "business re-engineering" was producing results.