You Know A Market Peak Is Near When...

The market could rally 20% annually over the next few years, who knows? But the general consensus right now is that we are approaching the end of the bull market. Right or wrong, I enjoy the humorous events that tend to occur as a market gets frothy. My bosses have always told me stories of things that happened before past peaks and I just experienced one that I felt the need to share. If the market does enter a correction soon, this will be the greatest war story for a very long time.

Yesterday I took an Uber to and from work because my car was in the shop. When the driver picked me up, he began by asking if I worked at an investment firm. I work at a multibillion dollar foundation in a pretty discrete area, so I explained to him what we do. The conversation then went like this:


Efficiency Tricks

I'm trying to be more efficient at work. What are some good tricks to be more efficient and minimize procrastination and time wasting?

I'll start off...create your own deadlines throughout the day for every task you have to do, making sure to write them down. This helps because people are always more efficient when they have a time constraint, even if it is fabricated.


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Adjusting to Adulthood: Success Anxiety, Jealousy of Sucessful Classmates, and feeling stuck.

I know my ass will get chewed out in here, and I will be told to stop my bitching, put my big boy pants, and act like a man. However, writing in here offers me some catharsis and allows my inner me to lift some weight off my shoulders.

I don't think I'm depressed, I just think that I'm a lost 25 year old who's still trying to grasp the idea of full on adulthood, and still looking for answers to a million questions I have about it. Hopefully some of you experienced monkeys will be able to shed some light so that I can hopefully steer clear from the current rough patch where I'm at, and move on with my life.


Most Prefteejus High School?

Mod Note (Andy): Best of Eddie, this was originally posted on 9/27/12.

I was talking to a female friend of mine who happens to be an atheist last week, and she was telling me about how she attended a church in NYC just to get into the good books of the head of admissions at the preschool she wanted her son to attend, who also happened to be a member of that church. Ultimately, her kid didn't make the cut. We laughed about it, of course, but it shows the lengths to which some parents will go to give their kid a leg up in life.

So I guess it stands to reason that some parents think it makes sense to spend $43,000 a year for high school. Yup, you read that right. 43 GRAND. A year. As in $200,000 for a high school diploma.

Predictably, 47 of the 50 most expensive high schools in America are located in the Northeast, with the three outliers located in California. And I think it's important to note that the quoted tuition figures do not include room and board; it's just straight tuition. So what exactly are you walking away with (aside from a high school diploma and a bunch of Marc Ecko gear) after your folks cough up two hundred grand?


Rewind - Hedge Fund Analyst: Week in the Life + Q&A

In case you missed our July 22nd webinar entitled Hedge Fund Analyst: Week in the Life, have no fear. The full recording of the webinar will be available for free on the WSO homepage on this date: (free for only 24 hours and then it goes into our Video Library). Do you want to a 1 on 1 mentoring session with John? Click below:

SIGN UP WITH JOHN

To see the original event page with a description of the webinar and read more information about the presenter click here.

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All rewinds will be available everyday at 8am ET.

And, as always, if you want to sign up to hear about upcoming webinars before they happen, sign up inside the post...

When: 
August 22, 2015 - 8:00am to August 23, 2015 - 8:00am
Event type: 
WSO Webinar

Sign up for the webinar notification email list

I've heard from some people that they had trouble finding out how to sign up for this list. Add your name/email to the form below and you'll be notified of future webinars. FYI I email 30min before each webinar with a link to join in + each email includes info for upcoming webinars and webinar rewinds.


Financial & Valuation Modeling Boot-Camp

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Wall Street Oasis presents 35% off Wall Street Prep's popular 3-day Investment Banking Boot Camps. ***NOTE: When you register with a .edu address the discount will be applied upon checkout ...if you are a student without a .edu address please contact Wall Street Prep directly. Discounts do not apply to seminars run by CFA Societies.***

If you can't attend a boot camp, train yourself with Wall Street Prep's popular Self-Study programs and get 15% off as a visitor from WSO! You won't find that deal anywhere else. If you are not a student, you can still get 15% off the live IB Bootcamps by clicking below.

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Rewind - Applying IBD/PE Experience to Start-up Management/Leadership + Q&A

In case you missed our July 21st webinar entitled Applying IBD/PE Experience to Start-up Management/Leadership, have no fear. The full recording of the webinar will be available for free on the WSO homepage on this date: (free for only 24 hours and then it goes into our Video Library). Do you want to a 1 on 1 mentoring session with Will? Click below:

SIGN UP WITH WILL

To see the original event page with a description of the webinar and read more information about the presenter click here.

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All rewinds will be available everyday at 8am ET.

And, as always, if you want to sign up to hear about upcoming webinars before they happen, sign up inside the post...

When: 
August 21, 2015 - 8:00am to August 22, 2015 - 8:00am
Event type: 
WSO Webinar

WSO Weekly Wrap-Up (8/15-8/21)

In case you missed them, here's some of last week's most popular topics:

Random Musings on the HF Interview Process
Post By @Mr. Pink Money

This is far from a definitive guide, but it should give you a high level overview on how to think about the hedge fund interview process.

How do YOU pronounce "EBITDA"?

Fairly simple exercise here: How do YOU pronounce EBITDA, phonetically?

I'm partial to "e-bit-dah" with a an emphasis on the "E" and "dah" being pronounced almost like the Russian word.


My Biggest Career Mistake to Date: Prestige

Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 10/1/12.

I occasionally get PMed by people at colleges I've never heard of before, asking if they have a shot at IBD.

Folks, why IBD? The finance world is broad and varied, and there are a million ways to make a buck. Why pick the one that's going to be hardest for you in your situation? There are mutual fund companies, asset management companies all over the damn place. Hedge funds. Auxiliary businesses. Those folks will look beyond the name of your institution and your GPA in the hunt for quality. Why knock on the door of the one section of the industry that has built a massive recruiting machine designed to keep you out?

Time for me to share what is potentially the biggest career mistake of my life.


Rewind - Why I Chose the Military Before Entering the Professional World with Q&A

In case you missed our July 20th webinar entitled Why I Chose the Military Before Entering the Professional World, have no fear. The full recording of the webinar will be available for free on the WSO homepage on this date: (free for only 24 hours and then it goes into our Video Library). Do you want to a 1 on 1 mentoring session with Zachary? Click below:

SIGN UP WITH ZACHARY

To see the original event page with a description of the webinar and read more information about the presenter click here.

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All rewinds will be available everyday at 8am ET.

And, as always, if you want to sign up to hear about upcoming webinars before they happen, sign up inside the post...

When: 
August 20, 2015 - 8:00am to August 21, 2015 - 8:00am
Event type: 
WSO Webinar