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Rift at Bridgewater Associates ?

Thoughts on the Bridgewater apparent Dalio-Jensen rift ?

What about the "Pain Button" app that Bridgewater employees use to record "feelings" (anger, frustration, sadness)? (wsj link inside the post).

Employees at the world's largest hedge fund carry around iPads with an app called "Pain Button." It tracks negative feelings like "angry," "frustrated" and "sad" with the twist of on-screen dials.

This Week in Oil & Gas - 2/7/2016

Industry News

Schlumber-Cameron merger receives green light from EU

SLB and CAM have received unconditional approval from the European Commission to proceed with their proposed merger following a Phase 1 review. Antitrust clearances have been obtained in Canada, Brazil, Russia, and Mexico. China began its process on February 4th but will be delayed due to Chinese New Years. Deal is expected to close at end of February or beginning of March 2016.

Cheap gasoline = $10 Fee

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What happens if you fall asleep on the job?

I can generally function well on little sleep, but sometimes I doze off at certain times (early afternoon, early evening) even when I'm well rested. I don't totally pass out or drop my head on the desk, I just fall into a very light sleep for ten minutes or so while I'm sitting at my desk and trying to work.

If I worked as an analyst and someone noticed me dozing off like this, would it be a no-go? Is this considered something that just happens, or is it totally unacceptable?

January 2016 Data Update 6: Debt, the double edged sword

In corporate finance, the decision on whether to borrow money, and if so, how much has divided both practitioners and theorists for as long as the question has been debated. corporate finance, as a discipline, had its beginnings in Merton Miller and Franco Modigliani's classic paper on the irrelevance of capital structure. Since then, theorists have finessed the model, added real life concerns and come to the unsurprising conclusion that there is no one optimal solution that holds across companies. At the same time, practitioners have also diverged, with the more conservative ones (managers and investors) arguing that debt brings more pain than gain and that you should therefore borrow as little as possible, and the most aggressive players positing that you cannot borrow too much.

MSF -->> Big 4 Valuation AMA

It has been a long time since I've posted something constructive on these fora but lately I have been getting a lot of questions on LinkedIn about Big 4 valuation, especially from those in MSF programs and recent MSF grads. Like most MSFs, I was completely unaware of the diverse career paths that finance has to offer. I knew that there were hedge fund managers and bankers but that was basically it. There has been increased attention devoted to this field on here as well so I think it would be helpful to contribute and to share my experiences.

Join the WSO Resume Review Team

We are looking to add several Resume Reviewers to the WSO Resume Review team.

Requirements:

  • At least 1 year of professional experience in Investment Banking or other financial field, IB and/or PE background preferred
  • Previous experience screening resumes, experience with IB resumes preferred
  • Strong attention to detail
  • Willingness to go above and beyond to make the client happy
  • More info:

    Webinar: Consulting Case Study - Biotech -- 5pm ET, 2/9/16

    WEBINAR DESCRIPTION

    On Tuesday February 9th, 5pm ET Wall Street Mentor Dr. Steven Mo will be hosting a webinar entitled "Innovation and Strategy Consulting Case Study of a Biotech firm", with a q&a session to follow.

    Steven's bio: Healthcare IT Director at a Fortune 20 company, Entrepreneur, Rhodes Scholar, and ex-BCG consultant with a Ph.D. in Biomedical Engineering (Oxford) and a B.S. in Biology (MIT); former interviewer at BCG, especially target candidates with PhD, JD, and/or MD background.

    WATCH HERE

    If you missed the webinar, it will be available on the homepage in exactly 1 month, for 24 hours March 9, 2016 before going into the WSO Video Library.

    When: 
    February 9, 2016 - 5:00pm to 6:00pm
    Event type: 
    WSO Webinar

    2015 Investment Banking Interview Prep Pack PLUS ...New updated version just released!

    We are excited to announce a brand new new and improved 2015 investment banking interview Prep Pack, just in time for recruiting season!

    As always, we keep improving our resources at least once a year to make sure we are staying on top of current trends. This version includes countless more investment banking related webinars in the WSO Video Library and thousands of more interview insights in the WSO Company Database...curious what's included in our new full "PLUS" package that can give you an edge?

    LEARN MORE

    ...as always, if you are a previous customer, to get the new version free all you have to do is e-mail Ivy@wallstreetoasis.com and she'll send it your way :-)

    Good luck this recruiting season!
    Patrick Curtis
    Chief Monkey & Founder, WallStreetOasis.com

    Focus Pill

    Hey monkeys!

    I am looking for legal, healthy and over the counter pills that will help with focus. I was just wondering if anyone had a good experience with a particular product. If you have, please shoot me a message.

    Thanks

    Get Your Resume Reviewed by Industry Pros

    Recruiting season is here now...so make sure you're ready for it with a Finance Resume and/or Cover Letter Review from one of our expert resume reviewers. Need it done in a hurry? Expedited Service is available (72 hours or less*).

    If you're not serious about breaking into Wall Street, you should honestly not waste your time reading any further. If you are serious, then you probably already know how competitive it is to land a job in finance and that every part of your application needs to shine. This starts with your resume.

    The WSO Finance Resume Review service is an investment that will help you make that important first step to land the most coveted jobs on Wall Street. Our track record is flawless and we promise to give you a tailored experience in order to help you craft the best possible application.

    WallStreet Prep Master Financial Modeling