Cerberus, hands down. why spend time in college when you can go straight to the pros
if he's smart enough to get an offer at TMT and Cerberus out of undergrad, GS is going to get boring for him very quickly... it's a steeper learning curve and a broader skillset he'll develop in PE.
starting lots of paper transactions but not finishing anything.
Personal bugbear time.
Private equity at a big and well-known shop like Cerberus is a prestigious gig - no doubt. These people are commonly lauded as the smartest guys on the street, the masters of the universe.
And yet they still chose to buy Chrysler off Daimler (who know a thing or two about making cars, and are one of the few truly global auto makers). How many deals have they done over the last decade or so where they have trumped industry bidders?
The only advantage they had over corporates was access to cheap financing, and that has disappeared. The only advantage they had over hedge funds was longer lockups, and that's going to be harder to get too.
So, smart guys? sure. Infallible? no. Worthy of such fawning? not in my eyes.
no one cares
no one cares
We don't care. Take the
We don't care. Take the GS-worshipping elsewhere.
did this guy have a high
did this guy have a high GPA?
Bad question
All things being equal?
Still a bad question...nothing is ever equal. It will always depend on the individual's personality.
re:
Cerberus, hands down. why spend time in college when you can go straight to the pros
if he's smart enough to get an offer at TMT and Cerberus out of undergrad, GS is going to get boring for him very quickly... it's a steeper learning curve and a broader skillset he'll develop in PE.
Or he'll be bored out of his gourd at Cerberus
starting lots of paper transactions but not finishing anything.
Personal bugbear time.
Private equity at a big and well-known shop like Cerberus is a prestigious gig - no doubt. These people are commonly lauded as the smartest guys on the street, the masters of the universe.
And yet they still chose to buy Chrysler off Daimler (who know a thing or two about making cars, and are one of the few truly global auto makers). How many deals have they done over the last decade or so where they have trumped industry bidders?
The only advantage they had over corporates was access to cheap financing, and that has disappeared. The only advantage they had over hedge funds was longer lockups, and that's going to be harder to get too.
So, smart guys? sure. Infallible? no. Worthy of such fawning? not in my eyes.
Rant over.