Comments of the Week 7/29 to 8/4
Comments of the Week 7/29 to 8/4
Hello, WSO!
- By Human: Monkey to Gentleman – Male Grooming
haircut - once a month by a Japanese stylist, http://www.hairmates-ny.com/newyork/location.html
Eyebrow threading - twice a month
Face - used to do facial once a month but cut it off, just used toner, moisturizer and sun screen. Face cleaner - http://www.aveeno.com/facialcare/ultra-calming-foaming-cleanser. Shave - daily
Body Wash - twice a day, cold shower in the morning, warm shower at night
Gym - 5 days a week, at least 2 cardio sessions (Karate + MMA) on top of that
Shoe - Cole Hann, no allen edmonds, no aldo
Suit - Brook Brothers and Charles Tyrwhitt
Work Shirts - Charles Tyrwhitt Slim Fit Only
Casual Clothes - Zara and Club Monaco (when they are on sale)
Fashion Advice - GQ and The Sartorialist (http://www.thesartorialist.com/category/men/) - By Disincentivy: You Mad? Why no, not at all, asshole :)
The firing had already been going on for about a week in other offices, and it hit NY that Monday, within an hour, most analysts on the floor were gone and my boss was still in his office, when he disappeared, I got called in. I was calm because I knew it was not personal. They were not firing me because of performance issues, they did not fire me because I was a terrible being, they did it because they simply had to.
- By :IB Career: 30’s, 40’s, and Beyond
#1- the industry has been and always will be highly volatile with low job stability; this isn't something new. I was reading an article in the throes of the credit crisis about lay offs on wall street and how this marks a major paradigm shift in Wall Street excess and culture and will shake the way banks do business to the core. The more I read the more I kept getting a dejavu feeling. Finally I went to the date on the article and it was published in 2001, I had the same article almost 10 years prior.
#2- Undergraduate students have no idea what they want to do after b-school? So what? There's nothing wrong with that. You've never worked a day in your life, much less worked in such a demanding environment making such huge sacrifices. You have no idea how you'll deal with it for a protracted period of time, if you'll be a rock star or mediocre or below average, how much you'll enjoy it once the novelty of it wears off etc... there's nothing wrong with leaving undergrad at 21, 22 years old with the intent of getting on the 2+2+2 track and figuring out what you you're going to do long-term somewhere along the way. In fact the kids who are the know-it-alls and swear they know exactly what they'll be doing 5 years down the line are immature and naive.
#3- I think its a mixed bag. I know a lot of MDs that are actually pretty cool. Its usually the ones that are laid back and not completely full of themselves that are normal. How many MDs have you met exactly? And of those, how many actually gave enough of a shit about you to have a real (non-recruiting) conversation with you?
As for your actual question about long-term prospects in the industry... different strokes for different folks. Maybe you'll be a career banker. Maybe you'll move to the buyside, get your MBA and go back to the buyside on a partner track. Maybe you'll switch completely out of finance all together. Maybe you'll leave banking for a more moderate lifestyle in another finance capacity... a lot of women do this because of the challenges in such a demanding career and having a family (many move to IR on the buyside, HR in banks, etc...). Many people move to a CorpFin/Biz Dev type roles.
It all depends on the person. I know people who fit every single one of those scenarios I listed above. As you move through the 2+2+2 you learn to stop following the track and do whats right for you, because it doesn't matter where you work if you're miserable doing it.
Have a great August, everyone!
Jessica
Community Manager Intern
