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Megan Tobias Neely
Sociologist and author of Hedged Out: Inequality and Insecurity on Wall Street (University of California Press, 2022), based on ethnographic research and firsthand experience working in hedge fund research.
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Dec 16, 2025
• 1h 2min
Megan Tobias Neely, "Hedged Out: Inequality and Insecurity on Wall Street" (U California Press, 2022)
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In this insightful discussion, Megan Tobias Neely, a sociologist and former hedge fund worker, dives into her book, "Hedged Out: Inequality and Insecurity on Wall Street." She explores the cutthroat world of hedge funds, revealing how elite networks and the culture of homophily perpetuate privilege. Neely touches on career precarity and the toll of long hours while also linking financial ambition to status escalation. She highlights significant accountability failures and the political influence of hedge funds, painting a vivid picture of systemic vulnerabilities.
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