Wall Street Oasis logo


  • Recent
    • All Recent Content
    • Top WSO Bloggers
    • WSO Chat Room
    • Hot Topics - Week
    • Hot Topics - Month
    • Hot Topics - Year
    • Hot Topics - All Time
    • Top Comments - All Time
  • FAQs
    • Best Interviews
    • Common Questions
    • Industry Specific
    • WSO 101
    • Education
    • Recruiting
    • Life in Finance
    • WSO Company Database
    • WSO Finance Dictionary
  • Forums
    • Post Forum Topic
    • Best Interviews
    • Best Comments
    • WSO Chat Room
    • Job Search Advice
    • Investment Banking
    • Private Equity
    • Venture Capital
    • Trading
    • Consulting
    • Hedge Funds
    • Corporate Finance
    • Real Estate Finance
    • Equity Research
    • Asset Management
    • WSO Success Stories
    • Other Careers
    • Business School
    • Resume Forum
    • Wall St. Fashion
    • New User Intros
    • Monkey Around
    • WSO Products
    • Site Suggestions
  • Groups
    • Browse Groups
    • Create Group
    • My Groups
    • Non Target Networking
    • Energy Trading
    • State your salary
    • Read the Footnotes
    • Proprietary Traders
    • WSO Investment Forum
    • CFA
    • The Restructuring Group
    • Economics
    • RE Finance/Investments
  • About
    • About WSO
    • Press
    • Contact Us
    • RSS Sitemap
    • Advertise on WSO
    • WSO Discounts
    • WSO Store
  • Login
  • Sign Up!
  • Hot Topics
  • My Profile
  • Company Research
  • Modeling
  • Resume Review
  • Events
  • Interview Guides
  • Job Board
  • Intern Positions

6 Free Financial Modeling Lessons...and More.

Enter your e-mail below to get our new Free Modeling Tutorials ($200+ Value).

heister's blog

KONY 2012, why do we care?

heister's picture
heister
      O
 
(Neanderthal, 2,815
 
Points)
 on 3/7/12 at 10:35pm

With all of this KONY 2012 crap going viral, it made me think. Why do we as a society feel the constant need to support an endless number of causes. I passionately support causes that are close to me. For example I donate a considerable sum of money to the JDRF every year along with a few other things. These things hit close to home and are very important to me.

I do not however understand our constant need to support every cause out there. I get the whole civil war thing is sad. However it does directly affect me in any way. I guess it is the narcissistic and psychopathic nature that I have. But with allof the shit that happens here you would think we would give a few shits more about our own back yard before going out and taking on another helpless cause abroad.

  • 97
     

Nasdaq at 5000?

heister's picture
heister
      O
 
(Neanderthal, 2,815
 
Points)
 on 2/29/12 at 12:00pm

With the current rally in the markets along with the exponential market cap gains in the technology sector how do you guys view the possibility of a Nasdaq of 5000? If Facebook gets added to the Nasdaq along with the insane growth of apple and the future exponential growth that is projected for amazon as ecommerce is projected to 25% of total commerce. Y the end of the decade. Do you guys think Nasdaq at 5000 is possible in his decade.

  • 5
     

Luck?

heister's picture
heister
      O
 
(Neanderthal, 2,815
 
Points)
 on 2/4/12 at 11:41am

For those of you who know me, know that my adventures in the world of finance have been driven largely by debauchery and luck. My path and the recent rash of threads about target school admissions and job searches has made me think about the world of high finance. Do our backgrounds really matter? Can we really stand out from the crowd or is everything in life just plain dumb luck?

What I mean to say is, in a world where everyone has comperable stats do we really stand out, or are we just picked at random from a hat?

  • 7
     

Bailing out your firm

heister's picture
heister
      O
 
(Neanderthal, 2,815
 
Points)
 on 1/26/12 at 6:35pm
dog.png

Currently a hypothetical situation.

What would you guys do if your firms came to you and asked if you would give the company a bailout?

I feel that this situation might come up for me in the near future. My firm is looking to acquire a complementary firm and I think they will have to put up money if the deal goes south and falls apart. The thing I am worried about is that the amount will exceed the total easily liquid assets of the firm and they come to me and ask for money to keep the company afloat.

Would you? If so what would you ask for?

  • 37
     

Ask Heister

heister's picture
heister
      O
 
(Neanderthal, 2,815
 
Points)
 on 12/6/11 at 12:41am

Hey guys, since my last blog post was pretty successful it gave me the idea to have a more open ended discussion.

Ask me anything you like. If it's a resonable question Ill answer it.

  • 11
     

Non traditional investments Q and A

heister's picture
heister
      O
 
(Neanderthal, 2,815
 
Points)
 on 12/5/11 at 8:33am
which.jpg

Over the last week I have gotten several questions regarding my investment strategies. I would be happy to answer your questions if you have any.

I have been active in land investing since I was in high school. I was willed an acreage of farm ground in the midwest. This was during the beginning of the easy money love fest that got us in the situation we are in now. I began aggressively expanding my holdings by borrowing huge sums of money against my existing holdings and the appreciation that had ensued over the real estate bubble. I have expanded investments to include forest land, oil and gas explorations, mining land. I am currently analyzing a timber tract in Alaska that is currently inaccessible.

  •  
  • 38
     

Forum Topics

  • New
  • Active
  • Rank
  • Comments
  • Thoughts on this? Heister brings up a good question: <em>"Who else is going to the job? Which senior Goldman partner is planning on retiring and needs to shield millions in stock options from taxes?"</em> via Bloomberg: <strong>Obama Says Bernanke Has Been at Fed...
    Bye Bye Bernanke? Who Would Be Next?
  • So I've been thinking about looking into getting a part time internship at an AM firm at my college town during the fall semester to buff my resume up a little more for recruiting. My schedule isn't too tough, and I'd probably be able to do around 20-30 hours a week if I include...
    Part Time AM Internship
  • For those of you analysts that wear glasses or contacts... which of the two would you recommend? Forget about the way glasses look.... for the purposes of comfort and practicality, are one them easier on the eyes at 2am after staring at a screen for 10 hours? I'm afraid contacts might dry...
    Glasses or Contacts?
  • Did a pretty extensive search but there wasn't too much information out there. Can anyone provide some color on the pay/lifestyle/exit opps at internal strategy/M&A desks at BBs? It seems like at some banks, this desk is more of a back office role with very good hours but minimal...
    Internal strategy and M&A at a BB
  • Proposed Answer: The pay is atrocious, there is virtually no promotion potential, and the work is not challenging enough. Is this a good answer? If I was to give one answer, which one is...
    "What is the worst part of your job" interview question
  • So all new users to WSO get 6 free financial modeling lessons, 5 of my best tips for networking and my best tips for interviewing over the first month of being a user. Tonght I got a response from one of my networking tips e-mails from a slightly older gentleman that is a "financial...
    Why is this Quant so Angry and So Out of Touch?
  • Assume no CD experience pre-MBA. My thoughts are that working in CD requires making long-term investments (albeit strategic/operational, as opposed to financial), so it may force one to think like a long-term owner, a la value-oriented investing. If possible, how long should it take in CD...
    Post-MBA Corporate Development --> Fundamental/Value HF ... good path to try?
  • Does anyone have PE recruiting resources they'd be willing to share/ trade? I'm looking for modeling tests (with solutions) and have a few tests from top tier funds to trade in exchange. Any other recruiting resources would be appreciated as well. Please PM me....
    PE recruiting resources
  • Hi all - As i have been looking through this site, i have found their seems to be a lack on anything Australian. While that is understandable seeming as the industry is US focused, i thought i'd take the opportunity to try and develop a useful collection of tid-bits and facts by sharing...
    Answering Australian I-Banking Questions!
  • As summer rolls around, many folks leave the office a little earlier on Thursday or Friday nights to make it out for a cocktail event or weekend away from town. There will be a solid amount of extra-industry networking going on, to say the least. And by that I mean sloppy cocktail parties. But...
    Summer Cocktail Events - 5 Tips to Keep the Conversation Flowing
  • ...
    -
  • Hi everyone, I got admitted in the MSF programs at Olin and McCombs recently. Both B.schools are well recognized in their respective regions but I am very confused because of the following factors. Any suggestions will be highly appreciated. I would like to work in IB/ Asset Management. I...
    McCombs MSF or Olins MSF(corp track)
  • Is it possible to get sponsored for series 7 as an undergraduate intern? The company is indeed a member of FINRA. Was thinking of reaching out to one of the executives. Any advice or suggestions are greatly...
    Series 7 while on undergrad internship
  • I've supposedly had one unread PM since registering... but there's clearly no new messages there. Not a big deal but it is annoying, any way to fix...
    "1 unread message"
more

Upcoming Events

  • Advanced Excel for Finance Professionals Webcast
    Jun 18 2013 - 6:00pm - 9:00pm
  • Financial & Valuation Modeling Boot Camp (Los Angeles)
    Jun 20 2013 - 8:00am - Jun 22 2013 - 5:00pm
  • London WSO Drinks
    Jun 20 2013 - 2:30pm - 4:30pm
  • Financial and Valuation Modeling Boot Camp (San Francisco)
    Jun 27 2013 - 9:00am - Jun 28 2013 - 5:30pm
  • Crowdfunding Conference, June 27, The Yale Club New York
    Jun 27 2013 - 11:30am - 7:30pm
more

Highest Ranked Content

  • Week
  • Month
  • Year
  • All Time
  • Comments
<em>Mod note: make sure to see the great comment below by CompBanker</em> I come from a small town where nobody had ever heard of consulting or IB. I was fortunate enough to attend a top target college (a good Ivy) and land a gig in IB at a BB/EB. I'm starting full time this...
Finance Culture - Personalities
<strong>Background</strong> I randomly discovered WSO nearly seven years ago just weeks after I secured a FT MM IB position. The website was extremely nascent at the time with only a few thousand registered users. The majority of the users were college students with only a handful...
How WSO has enhanced my IB/PE career
After over one year in the making, the <strong><a href="http://www.wallstreetoasis.com/2013-wso-compensation-report-full">2013 WSO Compensation Report</a></strong> is here! Access to the FULL 108 page 2013 WSO Compensation Report is <strong>100%...
2013 WSO Compensation Report has Arrived
Where do i even start..I learned so much from this forum. The brutally honest opinions, sincere willingness to help, the technical information and random tips on everything has been absolutely crucial for me landing this offer. Coming from a non-target I didnt get that 3rd year SA position at...
Thank you WSO! Got my FT Offer! ADVICE NEEDED
When I first started as a PE analyst, I constantly struggled with judging the amount of time I should spend on reviewing sourced deals. How much time is enough to really get a handle on the company’s revenue streams? How granular do I need my analysis to be on industry threats? With this...
Misguided Efforts: A Cautionary Tale
Fellow Primates, We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a...
WSO is Looking for Campus Reps For Summer/Fall 2013 (and beyond)
Many of the questions that have come in surround recruiting for front office Wall Street careers from a non-target so we’ll start with some ideas for recruiting, move on to interviewing, preparing for the job and finally long-term career management advice. Before we begin, it has been...
Stand Out as a Non-Target: Recruiting (Part 1 of 4)
Any Asset Management people here who could give me some insights on it, such as the nature of the work, the pay, the hours, the potential for career advancement, ect? I was looking into IB before but I've decided that I would rather pursue a career that's more intellectually...
Asset Management a better choice than Investment Banking?
<img src="//img.pandawhale.com/48721-Sexually-Oblivious-Female-Meme-Ze2w.png" alt="Sexually Oblivious Female Meme - Favorite Position? I would like to be a CEO.">
If you could be the richest person in the world with your dream job only as a public virgin forever would you do it?
<em>Mod Note: Blast from the Past - "Best of Eddie" - This one is from June 2011.</em> <em><strong><u>Freeriding</u> :</strong> The illegal activity of buying a stock and selling it before paying for the purchase.</em> - <a...
Come On and Take a Free Ride
more

Recent Jobs

  • Real Estate Investment Banking Analyst
  • Funded Internet Startup Seeks Corporate Clients Managers
  • Financial Research Associate for Funded Growth-Stage Internet Startup
  • Business Development Associate
  • Finance/Business Internship in Bejing w/ a Wall Street Company
more



Sell Tickets Online through Eventbrite

Poll

Why would you NOT go to the 2013 WSO Conference? :
View the current poll results.

Silver Banana Rankings

  • Silver Banana Leaders
  • Soiled Monkeys
UserSilver Bananas
Edmundo Braverman1161
TNA1120
CompBanker935
happypantsmcgee744
IlliniProgrammer726
UFOinsider641
TheKing625
BlackHat594
rufiolove439
Nouveau Richie425
more

Top WSO Members

  • Total Bananas
  • Active Monkeys
UserBanana Points
Edmundo Braverman14702
TNA13710
WallStreetOasis.com12192
UFOinsider10462
happypantsmcgee9627
IlliniProgrammer9258
CompBanker8737
AndyLouis6117
Siberian Husky5862
monty095426
more

New Groups

  • Houston Targets
  • Belgium going Wall Street
  • Liberal Arts Colleges Graduates
  • McCombs Monkeys (University of Texas at Austin)
  • WSO Pittsburgh
  • Denver Professionals
  • Minneapolis Bankers
  • Non-Target Networking in NYC
  • Prep School Bankers
  • Commercial Real Estate
more

© 2006-2012 WallStreetOasis.com | All Rights ReservedAdvertise | About Us | Contact Us | FAQs | Site Map | Privacy Policy

As Seen In

Sister Site

Syndicate content