When it comes to hitting the road on his bike, Mitch Jacaruso isn't riding just for kicks. Despite his long hours at a major investment bank, the bond salesman and competitive cyclist bikes four to seven days a week and often wakes up at 4:30am for races and long rides. "It's very cathartic. It allows your mind to relax and really release stress," he said.
But cycling is more than just a good workout for Jacaruso. There's also a heavy social element, and his bike club includes doctors, artists, and others who work in fields outside of finance.
"Living in a big city like New York, you tend to lose the community side of things. With cycling, it tends to become a small town," he explained.
That's not to say Wall Street doesn't hold sway in the biking world. A majority of his clients are into cycling, and Jacaruso goes riding with them frequently.
"Ever since the recession happened, golf has been less popular. I think exercise sports have become more popular," he said.
