Mostly, I give this sort of advice to new graduates who ask because it's useful to remember that one's life options at twenty-two are likely not as constrained as the average graduate--who has spent seventeen or more years on a track leading to university commencement--may have been led to believe they are. I love giving this advice both because it makes people laugh, and because it often leads to a deeper conversation about just what it is one can do with one's life.
So it now tickles me a great deal that Roger Ehrenberg, Managing partner at IA Ventures, has written and posted at his blog "a straight-forward seven-step process" to robbing banks.
This was one of those questions on Quora that caused me so sit back and ponder. But it didn’t take long before the best and easiest method of robbery popped into my mind (assuming staying out of jail is a priority): derivatives trading. Now I’m not saying that this is de-facto how derivatives traders operate; I’m simply saying that what is described below is a tried-and-true approach for extracting value for oneself without truly creating value for the firm and its shareholders. It has happened countless times throughout Wall Street and hedge fund history, and I’m sure it will happen again (it’s probably happening now).Now, no one who has considered robbing banks in this way has ever asked for my advice. Not surprising, because they've already figured it out and they don't need to ask me. But it can be useful advice to people who may have had blinders put on them during that slog through their education.