6/20/16 - Monday @Mentions

Happy Monday WSO!

Posts of the Week:

How IBD Makes (or Loses) Money and Why that Matters to You by @TorontoMonkey1328". 18 SB's.
Special Sits PE Case Study Example by @Matrick". 10 SB's.
The 1 thing summer interns need to know by @theniceguy". 4 SB's.

Discussion Topics of the Week:

Millenials don't want to do finance anymore? by @medical.investor". 53 comments.
Microsoft To Acquire LinkedIn For $26.2 Billion by @etx". 44 comments.
Best Newsletters to Start your day by @mCobb". 39 comments.
Is it bad to switch jobs every year? by @OpFin". 20 comments.

Q&A of the Week:

Ask Me Anything - top 10 MBA vs MSF vs MMS by @whattherock".

Comment of the Week:

This comment: by @ChimpinOut" in the post "Don't know if investment banking is for me".

IB keeps its rep because no one will admit they slaved away their undergrad earning perfect grades to simply slave away at an IB as a glorified assistant. Therefore IBD analysts make it sound "baller" with how much money they make and how they are closing deals. In reality, they are powerpoint b!tchboys (aka the deck) who make pretty presentations to the sellers of businesses. Modeling is part of the job, but not a huge part. Despite what you learn in the CFA, valuation does not equal price. Some of you were bashing me for my comp valuation I was attempting awhile ago and how I should use free cash flows. Look, we are looking to buy a company at the lowest price possible and justify it by comps in the market, not do a DCF valuation and pay what the company is hypothetically worth 10 years from now.

IB is like spring break. Has any of you ever went for one? Every year tons of horny frat boys go South to places like Cancun, South Padre and Miami to party and hook up every night with ease like MTV made it out to be. I am here to tell you that it was all a ruse. When I went on spring break, it was easily 10 to 15 guys per girl, and most girls kept close to their crew since they know what our agenda was. The truth was far from what MTV made it out to be. However, no guy was going to admit they blew $2000 on a spring break that was shittier than the run of the mill weekend in their college town; so they lied and saied it was crazier than a GGW gang bang.

There you have it folks. The cat is out of the bag.

Most Active Monkeys in the past 30 days:

1. @CRE" 389, 2. @APAE" 347, and 3. @SECfinance" with 345.

See where you rank here.

New WSO Certified Users:

I wanted to take the space here to thank and congratulate the new Certified Users from the past week. Welcome to the club. Some of these are new members, but all have confirmed that they work in the indicated industry at the level selected on their profile. All Certified Users have a yellow star next to their usernames when posting in the forums, so you all know which sources you can trust the most. As WSO Certified Users, they get 3 months free to the WSO Job Board ($45 Value). Without further ado:

Investment Banking
@novian18” - Generalist - Vice President
@quag_mire” - Industry/Coverage - 3rd+ Year Analyst
@mawdm” - Generalist - 2nd Year Analyst
@itsjustmoney” - Mergers and Acquisitions - 1st Year Analyst
@Uncle Drew” - Public Finance - 1st Year Analyst

Hedge Fund
@mp11932” - Other - 1st Year Analyst

Sales & Trading
@ClerksWell” - Fixed Income – Trader

Asset Management
@Rorschach_”- Equities - 3rd+ Year Analyst
@Oxboomer” - Fixed Income – Other

Real Estate
@InvestREAnalyst” - Commercial - 2nd Year Analyst

Risk Management
@@dc10023” – Director

Are you a working professional and you're interested in joining the WSO Certified User club? E-mail [email protected] and [email protected] your username and send a link to your LinkedIn profile.