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Got an Idea? Get Funded THIS WEEK

There was other stuff I was going to write about today, but I felt like I had to clue you guys into this story first. Why? Maybe it's just the natural skeptic in me, but I can'...

Financial and Valuation Modeling Boot Camp (Chicago)

Attended by investment banking, private equity , corporate finance professionals, MBA students, and those in career transitions, Wall Street Prep 's popular Boot Camps bridge the gap between academics and the real world, to equip professionals and students with practical financial skills they need on the job.

Day 1 Financial Statement Modeling and Excel Best Practices
Day 2 Valuation Overview and DCF Modeling
Day 3 M&A (Accretion/Dilution) Modeling
Pre-recorded 8-hour video lectures of LBO Modeling
Online 15-hour Trading & Transaction Comparables Modeling

February 28, 2013 - 8:00am to March 2, 2013 - 5:00pm
Event type: 
Other Meetup

The Other 3 Reasons Why You Still Trade Like A Noob

For all you monkeys that enjoyed last week's post...its back! I'm going to finish up with numbers five through seven as promised and next week I'm going to share what I've...

The WSO Advantage

Every step of your career we have you covered. Our products & services are listed below:

Financial Modeling Training

Templates, M&A, LBO, Valuation, + more. Learn More.

Interview Prep Guides

50,000+ copies sold...for good reason. Learn More.

Research 1,000s of Firms Free

Interviews, Compensation + more. Learn More.

Resume Help from Actual Pros

Polish Your CV to Land More Interviews. Learn More.

Interview with duffmt6, 2nd Year IBD Analyst, (part 2/2)

Below is the second and final part of an interview with WSO Certified User and 2nd year banking analyst ' duffmt6 '. Interview conducted by Asatar . See Part 1 Here.

BlackBerry's Demise

Hello fellow monkeys !

BlackBerry is changing . After losing 80% of its market value over the last two years, the Canadian company is finally trying to do something...

The Story of a future George Soros....

I came across a post today on the Daily Beast that talked about how entry options into careers in finance have narrowed over the years and its implications. From a time when...

Top Tip: Get any MD to read your resume (or anyone to read anything)

So no one is returning your sad, sappy, suck up emails? People think you are cold calling for girl scout cookies? Well man the f*ck up and lets trick someone into reading your...

I think I may have been given a great opportunity, how can/should I realize it?

A few summers ago I worked for my state's treasury as a summer intern doing grunt work (Scanning, coffee, etc.). Yesterday my old boss introduced me to the Senior Investment Officer responsible for my states investments in Private Equity funds. People at the treasury have told me he's been doing this job for 24 years and that he's on the short list of every PE firm, from the large like KKR to the small like the Riverside Company. Rumor has it according to one person I know that he could connect me with the right people to get an internship at a great PE firm this summer. He gave me his card and told me to call him sometime.

Bill Gates Makes Great Points Through Reddit

I don't go on Reddit too often, but I do find some of the "Ask Me Anything" (AMA) threads to be really interesting, especially when someone like Bill Gates is answering the...


Does anybody on here cover the retail industry?

I'm looking into buying AMZN long-term, and after looking into the financial statements, it's obvious why their margins...

12 Laws for Creating Wealth

Hey everyone,

I stumbled upon an article about Dani Johnson and the way she developed six different businesses from scratch (pretty much). Even though the way she names the laws is a little ridiculous, she got some points right.

Ironically, my favorite law is the one about "Desire" :

Who Needs College? The Education of Millionaires

mod (Andy) note: "Blast from the past - Best of Eddie" - This one is originally from October 2011. If there's an old post from Eddie you'd like to see up again shoot me a...

Valuing 100% debt start up

Hi guys,

Faced a problem to value 100% debt start up (non tech).

Which % do we need to add to cost of debt?! maybe any other country-specific rates? Wanna use...

Why would anyone want to be a lawyer?

When you have the option of finance, why would anyone choose to go to law school and waste money to go to law school for three years? You end up making same if not less than in...

Jump from research to banking, after bleeding during interview

I flew into London the morning of my interview, only to find that my luggage was on the next flight. Normally not too much of a problem, except that a) I had to start a final round of interviews for a banking position in two hours and b) as it was a 12 hour trip, I was wearing sandals and shorts.

The original plan had been to hit a shower at the ariport, shave, put on a clean shirt and spend the train ride in, plus an hour, polishing answers for the coming barrage of questions over the next 4-6 interviews.

Instead, I spend half an hour waiting in line to be told that the airline will pay for ancilliaries, and to fill out a form to have my bag shipped to me.

Attention to Detail...

Sitting pensively, motionless in the luminescence of my glowing HP monitor, I mouth the words "Why the hell don't you tie?" I scratch my head in confusion, and rub my eyes pathetically as if waning vision is to blame for this frustratingly minute, yet categorically pertinent - at least according to the VP on the product team - variance between the operating multiples I am showing in comparison to those contained in a presentation sent to us by our client.

I tab to their spreadsheet for a brief second and contemplate shooting out an ill-advised email in genuine explanation. Alt + Tab, Alt + N, Enter. I begin to type, in the body of the email only, cognizant not to include a recipient as I'm not a n00b and this isn't my first foray into late-night-hate-mail.

The next Iteration of the Console Wars is Here

I saw the PS4 announcement yesterday and frankly I had totally forgotten how long that the PS3 and XBOX 360 have been around. Maybe I'm just growing out of my gaming phase but it actually startled me at just how little innovation there seems to be in the console industry lately. Maybe I'm missing something, but everything I hear coming out about the PS4 is really just an extension of what is already being done.

Bonus Bananas February 22, 2013

My dad would've been 82 today. Happy birthday, Dad. Now let's get to it:

1) Paulson Leads Funds to Bermuda Tax Dodge Aiding Billionaires ( Bloomberg ) - If you're a...

The failure thread


For those of us who have no offers yet this OCR cycle, let's share our stories and try to comfort each other. Hopefully, we can learn some things and keep pushing for our goals.

My story: Over the past few weeks, have had first round OCR IBD interviews with GS , Miller Buckfire , Jefferies , Deutsche (got finals here), Nomura , and M&T. I know my technicals cold, am an athlete, have been told that I am very personable, and have networked my ass off ( weekend trips, utilizing all family/friend connections, multiple bankers emailing HR on my behalf, etc.) I'm really starting to get down about the process and am feeling very discouraged. I thought my networking would make up for my low GPA (3.2), but apparently it did not. I want this so bad tho...

How screwed is European banking?

It surprises me that there aren't more topics on this, with all the new measures that are being proposed in the EU. It seems like these regulations will change banking as we...

WallStreet Prep Master Financial Modeling