At Least 1 in 4 Harvard Grads Skip Sex In College

If you've been around WSO long enough to witness all of the "How do I talk to another human being?!?!" threads, perhaps this won't surprise you, but a survey by the Harvard Crimson of graduating seniors showed that 1 in 4 Harvard students simply skip out on sex during college.

The survey goes on to claim that "viewing pornography was significantly more popular among surveyed men, 45 percent of whom said they watched it multiple times a week while in college."


The Best Networking, Cold Calling and Cold Emailing Posts on WSO

My content intern @Lucas_M is at it again! This time the top ranked (by silver bananas) posts related to networking, cold calling, and cold emailing. Enjoy! p.s. Need more networking advice? Check out our Networking Guide.

1. Cold-Emailing Guide.

posted by @Culcet


1) Background info- Contact people with a similar background. Don't limit yourself to alumni- think deeper. Think about what defines you on a superificial level. If you go to UCLA and want to work on Wall street, email Cal alums in New York. Williams College? Why not email alums that went to Swarthmore, or any other liberal arts college alum that might have had to teach himself the technicals? And if you're a non-target... email other non-targets. Simple. Emailing someone with a similar background reminds them of themselves. They are therefore that much more happy to help you. Remember though, you are entitled to nothing, and even if the guy is a complete d-bag, thank them in a dignified manner anyways.

2) Content- Keep the email short and sweet. I usually send emails explaining who I am and what my intentions are, a sentence explaining my "story, and then a graceful thank you. For what it's worth, the whole 'copy and paste' thing has never been a big problem for me at the bulge brackets. For boutiques, target carefully based on the advice above and try not to email too many people. Again, if you target the right demographic, this shouldn't be a problem.


- silver bananas: a lot

2. Keep In Touch! Networking Template
posted by @valuationGURU


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Life after PE - the other road

As I mentioned in a previous thread ("How to Make VP in Private Equity"), a couple years ago I said goodbye to the private equity industry and decided to try my luck in the tech industry. Not as a VC associate. Not as an "entrepreneur". As a programmer. Yep, you read that right. After thinking long and hard about what it is that I actually enjoy doing on a daily basis, I concluded that programming might just be my path to vocational bliss. I'm now a few months shy of two years into this little experiment, so I thought it might be about time to give you guys an update in case there are others out there wondering what "the other road" might look like.

I started the journey from financier to software developer by attending a 10 week JavaScript bootcamp in Boulder, CO. I picked that particular bootcamp because (i) it was focused on JavaScript which seemed to be on the rise, and (ii) it had a particularly good instructor, which I knew was what would make or break the bootcamp. Following my tenure at the bootcamp, I landed a gig as a developer at a startup founded by one of the bootcamp instructors. I spent a year there before the project pipeline dried up and the start-up's status as a going concern became a serious question. I ended up moving back to LA (which is where I was living / working prior to making the transition to software development) and landed a new gig at another start-up (this time one that was venture backed).


How I Fought My Way Back (Vol. Bruce Wayne in TDKR)

Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 3/9/13.

Hi there, fellow monkeys. Hope all is well.

I've been lurking here for a few years and didn't really get to posting until just recently. After some PMs regarding my story/background via my resume review thread, I figured I'd share my story and try to give back to WSO as much as it has given to/helped me. I fear it won't happen, but this can be considered a start. Let's get to it.

The backdrop is early 90s NYC. I grew up in an extremely conservative immigrant family from a strict military background. As much as I want to forget it, the circumstances were dismal for us; living in a one-bedroom apartment with 12 other family members and going to sleep, starving, on the cold, dingy floors of this apartment were memories that accurately reflect my childhood. This was life. This was a painful, albeit necessary step towards the American Dream.

I have no qualms in admitting that my family was comprised of no-BS hustlers. In their eyes, success was, more or less, measured by the number of zeroes in your bank account. Coming to America from a war-ravaged third world country with no money in their pockets, in a way, justifies and further strengthens this mentality. However, they never failed to emphasize the importance of education to me, to the point where, if I didn't appreciate this fact or count the blessings in my life, I received some pretty severe beatings (many of which I admittedly deserved). I pushed all the way through school, did well, and I guess you could say I went to a rather "preftigious" high school.


Dick Fuld opens real estate brokerage

Mr. Fuld strikes again:

Just seven years after his brokerage firm collapsed under a mountain of troubled mortgages, former Lehman Bros. Chairman and CEO Dick Fuld is back in the real estate business.
Last year, Fuld's financial advisory firm, Matrix Advisors, launched a licensed real estate brokerage and hired a seasoned real estate broker and asset manager, public documents show.
In February 2014, Matrix hired Howard Schussler, a former asset manager and leasing associate at Kimco Realty, a publicly traded owner and operator of shopping centers, according to Schussler's LinkedIn page. Schussler also worked at C-III Capital Partners, a national real estate services and investment management company.


How I went from 10 rejections to one dream internship this year.

The background story is here: I'm so pathetic--I can't get past 1st round Interviews

Finance:
Goldman Sachs 1st round. No.
Altamont Capital 1st round. No.
Bracebridge Capital 1st round. No
Bridgewater Associates 1st round. No.

Consulting:
Cornerstone Research 1st round No.
Analysis Group 1st round. No.
Simon-Kucher 1st round. No.


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Leaving Banking for HF Jobs

I'm sure this has been covered in previous threads, but I didn't see anything recent so figured I would start something new.

I'm currently in a 2 year banking program a BB in a top group and have been recruiting for HF opportunities for the past few months. I've been fortunate enough to land offers at 2 places (I may create an additional thread asking for thoughts on A vs. B) and am currently working to diligence the 2 places as best as possible to figure out which makes most sense. As limited background, neither are your large particularly well known prestigious funds.


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I am super pumped about version 2.0 since I think we really raised the bar with all the extra video content and video solutions to the 9 LBO modeling tests....and we're not done yet. We're already working on version 3.0 which as always, will be a free upgrade to those that get in now!

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5-day networking plan (AYA #1)

AYA curates the best advice for 20somethings and makes it actionable. The digest sources wisdom from books, research papers, online communities, and expert interviews. With only 15 minutes a day, you'll build one valuable new habit or skill.

This week's edition has to do with cultivating weak ties (forming acquaintances that tend to foster your career growth).

AYA Insight #1: Cultivate Your Weak Ties
(In other words, make new acquaintances!)


Acquisitions- Hired to be Fired?

I work at a small real estate investment shop as an asset manager. We have 17 buildings in major and secondary markets along the east coast, probably around $750mm AUM. I started here about 8 months ago along with an acquisitions guy. He was formerly an analyst at a major player and left a pretty good career to join our shop. A few days ago I was shooting the shit with one of the principles of the firm and he was talking about firing the newer acquisitions guy (we currently have 2) because we just finished a major buying phase and his services were no longer needed. He said this is how they always do business once they finish up a major purchasing round.

This startled me a little and I brought it up in conversation with our office manager who I feel I can trust and she basically told me that this is how they always conduct business and they don't tell the acquisitions people that they are basically coming on as a temp employee and then can them once the buying round is complete.

Is this normal throughout the industry?