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checkme0ut y00's picture

Damn it feels good to be a banker?

Hey all, new to the forum here. been cruising many posts over the past few weeks and think this is a great website. Provides meaningful insight from professionals in the industry. onto one topic i wanted to address, i just picked up a copy of the book damn it feels good to be a banker. i read it and i really am a little shocked at the culture that this guy portrays about investment banker. Now as someone who goes to a school which he would scorn, and being born from immigrants, i feel that investment banking would be a haven for blatant racism and disrespect. is this truly how things are in investment banking? are most investment bankers like this guy, ego-centric and disrespectful towards anybody who does anything besides investment banking? before i get roasted, i am just curious to know other IB'ers opinions if you have heard of or read the book. thanks.

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ideating's picture

Worst troll ever.

Worst troll ever.

checkme0ut y00's picture

i thought it was a valid

i thought it was a valid question. considering how television portrays wall street nowadays, i dont think this book will be good for image. i certainly found it a little extreme.

RossGellar's picture

you realize his blog/book is

checkme0ut y00's picture

good call RossGellar. Was

good call RossGellar. Was not aware, thanks.

Ovechkin's picture

When you have a bunch of

When you have a bunch of guys from similar backgrounds spending most of their time together, there will always be some sort of fraternal bond that entails exclusion and, to some degree, contempt...

I don't think bankers look any more scornfully upon, say, construction workers than construction workers do upon bankers. It just depends who you identify with more and whose perspective you're looking at it from.

CrazyCanadian's picture

I'm a little worried how you

I'm a little worried how you got past the cover, let alone the title, without noticing.

checkme0ut y00's picture

ovechkin, good point. i see

ovechkin, good point. i see what you mean.

crazycanadian, hindsight is 20/20. now that i look back i wonder what the hell i was thinking taking it as a legitimate book lol

ideating's picture

...

Ovechkin wrote:

When you have a bunch of guys from similar backgrounds spending most of their time together, there will always be some sort of fraternal bond that entails exclusion and, to some degree, contempt...

I don't think bankers look any more scornfully upon, say, construction workers than construction workers do upon bankers. It just depends who you identify with more and whose perspective you're looking at it from.

Don't know what the hell you are talking about here.

Alphaholic's picture

...

Read the book yesterday. It is laden with satire...haha, sharpen your attention to detail, my friend. You'll need if you want to be anywhere NEAR as awesome as Logan.

junkbondswap's picture

It gave a real life

It gave a real life perspective of IB lifestyle and confirmed my notion that all bankers are pompous assholes who use their BB connections to get models and bottles on the one Saturday night of the month that they aren't making pitch books and spreading comps

and there was nothing modest about the Irish eating their own children...

nystateofmind's picture

?

JBS - my fault. Didn't catch on. W/ some of the douchebaggery that takes place on these boards, you never know.

junkbondswap's picture

I thought my alluding to A

I thought my alluding to A Modest Proposal would give it away...yes Im kidding

MMBinNC's picture

...wow...have you never read

...wow...have you never read LSO? can you not see the cover...wow
------------------------------------------------------------
So what do you do?
-I work for an investment banking firm.
Oh okay; you are like my brother, he works for Edward Jones.
-No, a college degree is required in my profession

amOff's picture

:)

junkbondswap wrote:

I thought my alluding to A Modest Proposal would give it away...yes Im kidding

loved the allusion. We really are a superior bread, all literate and all in banking.

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