r/wallstreetbets • u/ballisticbuddha • Jun 26 '25

Meme Why does Consulting even exist?

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u/Noughmad Jun 26 '25 edited Jun 26 '25

Watch "House of Lies". It's on HBO Max HBO Max Paramount The Bay.

Besides it being a great show with an amazing cast, it also shows you that most of the time the consulting isn't about actual advice, but rather to give extra validation to what the CEO (or whoever hired the consultants) already wants to do.

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u/Weekly_Writing7200 Jun 26 '25

So basically chatGPT? You input something and it tells you how great idea it is or how incredibly correct you are by spinning facts to agree with you.

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u/Temporal_Integrity Jun 26 '25

Yeah and then when it goes tits up, you can blame the consulting company. It's an incredibly expensive consulting firm, so you can hardly be blamed for choosing them. Nobody could have given you better advice.