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An Open Letter to The Epicurean Dealmaker November 10, 2014

Posted by Peter Varhol in Uncategorized.
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I doubt you will read this. My own readership is a few dozen; yours seems to be several million. I am not of your industry; I’m about as far away as anyone can be. I enjoy your writing, and it provides me with a window into a world in which I will never be, but remain mildly curious about.

But over the last 5-plus years of reading your blog, the fact is that you seem to be little more than a shill for the financial industry. Perhaps that is why you are so well-read. In most of what I have read, you seem to opine similar versions of “That’s just the way it is; deal with it.” Whether we are discussing discrimination (race or sex or otherwise), turnover, promotion, financial crimes (real or perceived), double-dealing (once again), or any other topic, your ultimate take is that it is because it is. You offer no critical analysis, criticism (except to the outsiders opining otherwise), rationale, or possible solutions. It seems that you believe no solutions are warranted, even when there is clear wrongdoing. Yes, I know, define wrongdoing.

I’m sure you make a great living in the financial industry (better than I do in tech, certainly). And I’m also sure that you make no money or notoriety off of your blog (I believe you have been outed, but I won’t recognize the name so I really don’t care), so there is some question as to why you do so. I think I might half-like you in real life, because you care enough to write without attribution. Maybe ego? I simply don’t know.

But. Your industry has issues, which may ultimately be fatal to its ongoing way of life. You could be a force for change, or at least for introspection. I realize that financial people tend not to introspect, but they have to know that they (you) are the first up against the wall when the revolution comes. I would like to think that you introspect enough to question some of the fundamental values (?) of your industry, but you end up always concluding that it’s other people’s problems, not yours.

Of course, the revolution may never come. I do believe that is what you (they) are counting on.

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