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I have a dream and my dream is to set up a kollel investment bank.
Kollel members would work a few hours and use their gemorah kuppes as traders in the bank and earn a large paycheck and a huge yearly bonus and be able to support themselves and their families beravach.
.why should the employees of Goldman Sachs bank and JP morgen bank have such cushie jobs when they don’t deserve it ?
Those people doing G-d’s work are living in poverty and others are living in prosperityEdited
Who says they don’t deserve it?
I’m all in favor of parnassah for kollel guys, but if they’re in kollel, they presumably don’t have time to work…
The notion that somehow if all kollel people were to leave kollel, they would be ridiculously successful in a business or profession, is quite fanciful.
The notion that somehow if all kollel people were to leave kollel, they would be ridiculously successful in a business or profession, is quite fanciful.
V’ho raya, many do, and aren’t.
Jobs at Goldman Sachs and other successful investment firms are not “cushie.” They work hard for their money. They may not be fully honest, or within the law, but they do work hard. And plenty of people get jobs at successful investment firms and get booted in short order, because they cannot do the work. If being a successful investment firm and making crazy big money were easy, everybody would do it.
As noted by others in this post (and others) there is a vast difference in the quality of what you call the “gemorah kuppes” populating our yeshivos and kollels. While there are unquestionably a limited number of intellectual giants shteiging who would likely be successful “quants” in any financial trading endeavor (once they mastered some basic computer skills) the much larger number of shteigers are lesser lights who are unlikely to be successful in such investment endeavors. There is a vast difference in parsing the nuances of “shor she’nagach shor” versus solving multivariate differential equations to value a complex derivative product. A more realistic and useful model would be simply to provide basic computer coding skills or some other less intellectually challenging vocational training so all of these fine young men can simply function in the real world outside of kollel and earn a basic paranassah for their families. Lets stop making limud torah and earning a parnassah mutually exclusive life pathways (except of course if you have been blessed with a hedge fund manager as a father-in-law)
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