4/28/12

You guys ever notice that most guys who come on WSO offering to give advice on how to break in or leave the field are those that are in the lower tier firms (with the exception of a minor few, notably the MS/KKR guy)? Those who offer to give advice on IBD usually are from MM or boutique firms, same thing applies to PE/HF. Rarely does someone, say GS/Blackstone come up here and offer advice.

Some people are just desperate for attention I guess. Especially that guy who made three threads on life after banking...

Comments (40)

Best Response
4/29/12

TyrionLannister, I think you're drawing some pretty inaccurate conclusions. I'd hate to think that some IB hopefuls might read your post and think the discussions/information on this website aren't valuable. I'll attempt to offer up some thoughts, but seeing as I am a non-target who never worked (nor applied) to BBs / Megafunds, I recognize you may dismiss them as well...

First, as M Friedman pointed out above, there are actually a substantial number of BB analysts and associates on this website giving advice. Many of them elect to remain anonymous for obvious reasons. Heck, I've had phone conversations and even met live with a number of WSO members from top PE funds and investment banks. Furthermore, take a look at the following recent thread: http://www.wallstreetoasis.com/forums/2013-start-p... There are a number of posters who are making $250-$300k a couple of years out of college.

Second, of course you're going to get far more people from MMs / Boutiques posting on the forums. To be a regular poster here is incredibly time consuming, and the hours at all of the BBs/megafunds are beyond brutal. I know I personally contributed far less to this website during my banking years than I did after I transitioned to PE. I'm confident more folks from BBs/Megafunds would post regularly if they had the time That's why you get a handful of "ex-bankers" and "ex-PE" guys posting here --- they finally found the time. On top of all this, there are just far more MM analysts / associates in the industry than there are BB analysts/associates.

Third, I'm not convinced that advice from a BB analyst is any more helpful than advice from an MM analyst. The characteristics that BBs look for in applicants is very similar to those the MMs look for. Pulling an all-nighter to prepare a pitch book is no less mentally draining at a boutique than it is at a BB. Despite my non-target and MM background, I've personally helped people secure positions at BBs/MMs alike. Why disparage me and other people with similar backgrounds for offering advice?

Fourth, I'd say that MOST people on this forum aren't focused exclusively on landing jobs at BBs/Megafunds. As a result, the experiences and advice from the MM/boutique folks is directly applicable to the majority of the forum readers.

The reality is that no one is getting paid to offer up advice on these forums. Almost everyone is anonymous and it would be ludicrous to imply that people are "seeking attention" on an anonymous, online forum. It would seem to me that most of us post because we enjoy mentoring and helping others. If that upsets you, I recommend you find another forum to read.

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4/28/12

....so does that conclusion explain your thread? This is a site for entry level and the next step....getting in and getting out. Top tier candidates and high level execs have different resources to pull from.

FWIW, I had few friends in finance before this site, now I have many. If you equate reaching out to others and bouncing thoughts around as 'desperate for attention', so be it. What's your story?

Get busy living

4/28/12

With a name like Tyrion Lannister this guy is definitely cool. Yeah the books are great so is the show, but reallly a username? I guess it might be indicative of his midget ass dick. to each his own.

4/28/12

Yes, to each his own....I know how I compare to rest of the guys offering advice, but then again, I didn't mean to come off as offensive. But then also again, I could care less what y'all think, especially some novice loser who doesn't even know the difference between PWM and AM.

4/28/12

And I'm just stating a thing I noticed. Some of you are probably already thinking it. I'm just saying it.

I'm merely stating that I noticed how most people who step up, start threads offering people advice are ones who failed at getting GS/MS/BX , ones that people on this board worship. Ironic? Yet, you don't see GS/MS/BX bankers coming on here and give advice. I'm merely stating a fact.

4/28/12

Stop making useless posts on WSO. You're already a member of the richest family in the Seven Kingdoms. What the hell else do you want?

In reply to Voltaire X
4/28/12
Voltaire X:

Stop making useless posts on WSO. You're already a member of the richest family in the Seven Kingdoms. What the hell else do you want?

Hahaha golden. I guess he just wants to be as witty.

4/28/12

Guys lets set a record for most monkey shits on a single post on OP. Who's with me?

4/28/12

TyrionLannister thats just harsh. working in a boutique/MM firm shouldn't be 'frowned' upon.

4/28/12

WSO, when a monkey has negative banana points it shouldn't say Chimp, it should say Sperm.

4/28/12
TyrionLannister:

You guys ever notice that most guys who come on WSO offering to give advice on how to break in or leave the field are those that are in the lower tier firms (with the exception of a minor few, notably the MS/KKR guy)? Those who offer to give advice on IBD usually are from MM or boutique firms, same thing applies to PE/HF. Rarely does someone, say GS/Blackstone come up here and offer advice.

Some people are just desperate for attention I guess. Especially that guy who made three threads on life after banking...

Where do you work?

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4/28/12

I don't have enough WSO credits to throw MS at the OP. First world problems...

Talent is hitting a target no one can hit.
Genius is hitting a target no one can see.

4/28/12
TyrionLannister:

Some people are just desperate for attention I guess. Especially that guy who made three threads on life after banking...

Give that guy a break. He is a musician now. He needs fans. Wall Street Oasis is a good place to get new fans and publicity. Now he got to deal with the new reality as a musician, instead of fussing about base compensation and bonus, he gotta deals with itune downloads and concert ticket sales.

"I am the hero of the story. I don't need to be saved."

4/28/12

Patrick,

Can I have some credits so I can digitally defecate on this kid?

"For I am a sinner in the hands of an angry God. Bloody Mary full of vodka, blessed are you among cocktails. Pray for me now and at the hour of my death, which I hope is soon. Amen."

4/28/12

wow i haven't seen that much monkey shit on an op in a long time, and in a thread... not since vtech4ever on the "life after ib" thread haha

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4/28/12

He has more monkey shit now than UofHGirl I think

In reply to TyrionLannister
4/28/12
TyrionLannister:

And I'm just stating a thing I noticed. Some of you are probably already thinking it. I'm just saying it.

I'm merely stating that I noticed how most people who step up, start threads offering people advice are ones who failed at getting GS/MS/BX , ones that people on this board worship. Ironic? Yet, you don't see GS/MS/BX bankers coming on here and give advice. I'm merely stating a fact.

Okay, let's say you're right and most people that are offering advice aren't from the most "prestigious" banks. Does that mean they don't know as much? Has it occurred to you that some people don't want to work at GS? I had offers from Barclays, Greenhill, and Blackstone for my SA and my top choice if I did banking was Greenhill, but I turned them all down for something I liked better. Find me a guy at GS/MS/BX and I'll crush him with my wallet, even though hardly anyone knows the name of my firm.

Does that make my advice, experience, and opinions less valuable? Am I just doing it for attention?

And trust me, nobody else was thinking that, just you. Are you a freshman or still in high school?

I hate victims who respect their executioners

4/28/12

Dam...only 21 monkey shit? You unprestigious-attention seekers are lower tier when it comes throwing monkey shit as well apparently

In reply to TyrionLannister
4/28/12
TyrionLannister:

Dam...only 21 monkey shit? You unprestigious-attention seekers are lower tier when it comes throwing monkey shit as well apparently

So where do you work again?

In reply to duffmt6
4/28/12
duffmt6:

Patrick,

Can I have some credits so I can digitally defecate on this kid?

My god...someone's gonna throw monkey shit at me on an internet forum? That's it I'm calling the Secret Service...

In reply to BlackHat
4/28/12
BlackHat:
TyrionLannister:

And I'm just stating a thing I noticed. Some of you are probably already thinking it. I'm just saying it.

I'm merely stating that I noticed how most people who step up, start threads offering people advice are ones who failed at getting GS/MS/BX , ones that people on this board worship. Ironic? Yet, you don't see GS/MS/BX bankers coming on here and give advice. I'm merely stating a fact.

Okay, let's say you're right and most people that are offering advice aren't from the most "prestigious" banks. Does that mean they don't know as much? Has it occurred to you that some people don't want to work at GS? I had offers from Barclays, Greenhill, and Blackstone for my SA and my top choice if I did banking was Greenhill, but I turned them all down for something I liked better. Find me a guy at GS/MS/BX and I'll crush him with my wallet, even though hardly anyone knows the name of my firm.

Does that make my advice, experience, and opinions less valuable? Am I just doing it for attention?

And trust me, nobody else was thinking that, just you. Are you a freshman or still in high school?

I'm sure they give excellent advice, especially since they're from non-targets and many of their target audience are non-targets lol

I'm not questioning the quality of their advice. I'm just pointing out the fact that you rarely see a Harvard/GS guy come up here and talk.

But fuck it, I might as well just tell y'all that everytime I see someone who's at a no-name boutique post a topic offering advice, I always wonder how he's even qualified since he obviously failed at so many other firms' processes

4/28/12

lol -21 MS - wow brah talk about a MS train on ya

Whats the matter? Scared of my little red fuzzy anus? Don't be shy,let me show you the way, give me your hand and I will take you to paradise <3

Kind Regards,

ElmElm

In reply to buybuybuy
4/28/12
buybuybuy:
TyrionLannister:

Dam...only 21 monkey shit? You unprestigious-attention seekers are lower tier when it comes throwing monkey shit as well apparently

So where do you work again?

Why does it matter? I can tell you it's a top shop. But then you'll have no way of knowing it's true or not.
But to satisfy your curiousity, I work for a top group that send analysts to megafunds.

In reply to finger_me_elmo
4/28/12
finger_me_elmo:

lol -21 MS - wow brah talk about a MS train on ya

*GASP* REALLY? 21 virtual monkey shits on an internet forum? Jeez, guys, give me some room to breathe!

In reply to TyrionLannister
4/28/12
TyrionLannister:
finger_me_elmo:

lol -21 MS - wow brah talk about a MS train on ya

*GASP* REALLY? 21 virtual monkey shits on an internet forum? Jeez, guys, give me some room to breathe!

I wasn't attacking man, relax brother....

Whats the matter? Scared of my little red fuzzy anus? Don't be shy,let me show you the way, give me your hand and I will take you to paradise <3

Kind Regards,

ElmElm

4/28/12

I haven't noticed many people disclose where they work........

"One should recognize reality even when one doesn't like it, indeed, especially when one doesn't like it." - Charlie Munger

4/28/12

It's sad when the internet doesn't even want you around... if nothing else, there will always be a dark hole waiting for you to die in.

"You stop being an asshole when it sucks to be you." -IlliniProgrammer
"Your grammar made me wish I'd been aborted." -happypantsmcgee

In reply to D M
4/28/12
D M:

It's sad when the internet doesn't even want you around... if nothing else, there will always be a dark hole waiting for you to die in.

What's really sad is someone attending University of Colorado! (But seriously, I literally LOL'd, and not in a friendly way)

In reply to BlackHat
4/28/12
BlackHat:

Find me a guy at GS/MS/BX and I'll crush him with my wallet,

hahaha

The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee

WSO is not your personal search function.

4/28/12

And I'll go ahead and even bet that most of the people who are pissed at this thread and jeally are non-targets who know that the best they're likely to get is Piper Jaffray. The GS/MS guys are reading with similar belittlement right now: "How the fuck is someone at a no-name boutique even qualified to waste people's time by offering advice?"

4/28/12

Dogshit no-name poor people public high school -> Wharton -> Elite AM/HF -> Elite HF -> Even more elite HF.

There's plenty of people here from targets dude. Like a lot. See you around the megafund watercooler bro!

I hate victims who respect their executioners

4/28/12

What does it matter to you who gives advice if the advice they give is good? I'm not pissed at all but I find the fact you're grossly ignorant of corporate culture to be rather bothersome. If I recall the Goldman Employee Handbook, it says not to discuss Goldman or Goldman business outside of work. As a result, I would also assume that discussing Goldman and admitting your from Goldman online would also fall into that policy as well. Oh... and it's not your background, it's the experience that lends credence to the advice given. Chew on that one.

4/28/12

You guys ever notice that some douchebags who come on WSO critiquing strangers without solicitation or pretending their shit doesn't stink are those who are probably not working in finance at all? Those who love to talk about prestige in IBD usually are insecure and immature, same thing applies to PE/HF. Rarely does someone, say TyrionLannister, have something better to do other than troll on a Saturday night.

Some people are just desperate for attention I guess. Especially that guy who made this ironic thread on attention seeking...

In reply to Cola Coca
4/28/12
Cola Coca:

You guys ever notice that some douchebags who come on WSO critiquing strangers without solicitation or pretending their shit doesn't stink are those who are probably not working in finance at all? Those who love to talk about prestige in IBD usually are insecure and immature, same thing applies to PE/HF. Rarely does someone, say TyrionLannister, have something better to do other than troll on a Saturday night.

Some people are just desperate for attention I guess. Especially that guy who made this ironic thread on attention seeking...

worth the SB for sure

In reply to TyrionLannister
4/29/12
TyrionLannister:
buybuybuy:
TyrionLannister:

Dam...only 21 monkey shit? You unprestigious-attention seekers are lower tier when it comes throwing monkey shit as well apparently

So where do you work again?

Why does it matter? I can tell you it's a top shop. But then you'll have no way of knowing it's true or not.
But to satisfy your curiousity, I work for a top group that send analysts to megafunds.

In other words, you failed to make it into private equity out of undergrad?

4/29/12

As someone that works for WSO, I can tell you first hand that there are a lot of guys working at top shops here. Hell, even the trolls here are working at mega funds and BB's. And yes, the guys im talking about are in FO roles.

Clearly you have not done much research, but maybe you should come to the WSO conference and learn for yourself?

4/29/12

OP you are a class A moron

I eat success for breakfast...with skim milk

In reply to TyrionLannister
4/29/12
TyrionLannister:

I'm sure they give excellent advice, especially since they're from non-targets and many of their target audience are non-targets lol

I'm not questioning the quality of their advice. I'm just pointing out the fact that you rarely see a Harvard/GS guy come up here and talk.

But fuck it, I might as well just tell y'all that everytime I see someone who's at a no-name boutique post a topic offering advice, I always wonder how he's even qualified since he obviously failed at so many other firms' processes

I agree with you brother. When I try educating the unpreftigious dudes with preftigious knowledge, I get a rain of MS too. These beta bros gon' keep following their TTT mid market bros into the TTT mid market abyss.

5/6/12

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5/6/12

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