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Dan and I recently discussed going back to school, and its benefits or costs. In the context of the NYTimes article that outlines how b-school has become a liability in corners of finance, we both seemed in agreement: There seems little advantage in going back to school in order to gain access to the job market in which we currently work.

Dan, however, seems above the noise. For the first time he’s excited about the research he’s doing at work and thinks of school as a way to fill in the more formal parts of his finance education to which he never paid attention.

I’ve been thinking about school as a market force: build myself in some field to achieve the next thing, versus stay in a job and build in a company. Perhaps I’ve got the wrong verb. School can perhaps be a venue for ideas without a predestined ‘build’ at the end, just as with high quality work. I think Dan has the right idea. We need to fill in the knowledge we want however possible. He’s starting to play in his work, a level I haven’t achieved for several months. What I should look for is the best place to start again.

As Owen opined, “Ah yes, graduate school.  The bastion of those who don’t know what they want to do with their life.” He’s always spleening me.