Earlier quoted context omitted.
Only few people in finance really "make it" - and it mostly consists of portfolio managers (quantitative or else). "Superstar economy" analogy discussed in this thread have very strong effect in finance. Luck is also a huge factor. I know cases of International Olympiad gold Medalists, who didn't make it as portfolio managers. Do you really think you are smarter? If you are mathematically inclined software engineer,…
If you define "really make it" as making millions every year, yes that's rare. But if it's making 300k+ per year, there are multitudes of math-types doing that, and not much luck is involved.
In Silicon Valley it's not uncommon to see new grads (not even PhD) getting 200K total first year compensation. I was comparing quantitative finance vs silicon valley as a career for mathematically inclined software engineers. You won't end up poor either way.