Does anybody here not drink?
IB
Tags:
(Monkey, 54
Points)
on 3/29/09 at 9:35pm
Just curious, does anybody in finance / banking not drink? Sounds like a ridiculous question, but I know NYC especially, has a huge drinking culture. I'm wondering as to whether any of you have personally experienced, or have heard / seen of anyone, be successful, especially in the early stages of their career (SA, analyst, etc) without drinking? Socializing and fitting in is part of assimilating with the company culture and company politics, so how do those that don't drink circumvent this issue?






Always, Stoli on the rocks.
Always, Stoli on the rocks.
London, nobody cares that
London, nobody cares that you drink and you just wanted to advertise that you do. TOOOOOOOOOOOL!
Sorry, lab. I don't know.
I couldn't imagine being in
I couldn't imagine being in a stressful (both mind and body) environment as IB and not drinking. To answer your question, No.
Take it for all it's worth.
I haven't come across anyone
I haven't come across anyone in Banking/Finance that doesn't drink. Even the Muslims I know on Wall Street drink.
Learn Financial Modeling
Interview Guides
Resumes
I'm sure you have your own
I'm sure you have your own personal reason for not drinking (assuming you don't), but consider if having the occasional beer really is that contradictory to your morals.
I haven't met anyone that
I haven't met anyone that doesnt drink, but if you don't want to drink...just get a beer and nurse it or get a coke...
Honestly, I don't know if that many people give a shit.
Interview Guides
WSO Resume Review
Why are you against drinking?
Why are you against drinking? We are talking about social drinking (1 -3 drinks a night) not getting wasted (more than 7 drinks in 30 minutes)
I know one girl in finance
I know one girl in finance who doesn't drink. She sucks. Whether or not she sucks because she doesn't drink or not, I don't know, but consensus is she sucks.
no drinking=no offer
no drinking=no offer
I do drink and intend on
I do drink and intend on having the occasional beer etc, but my glory days of college have to come to an end sometime. I like drinking too much and I tend to go overboard with my buddies and don't know how much longer I can keep this up health-wise. Especially since my family has a history of liver issues, I was thinking it would be in my best interest to tone it down after I graduate.
I also figured there would be people out there that don't drink cause of religious reasons or what not, but I guess that's not the case given the above reactions.
When you guys go out and drink with your co-workers...what's the usual setting? Is it like a beer or two at happy hour / watch a game type thing, or let's meet at xyz club / bar and get obliterated.
lab friday afternoon after
lab
friday afternoon after working, its like a beer or two, and talk about sports
friday night or saturday night, sometimes its quite crazy....rounds of shots....
i don't know anyone one who
i don't know anyone one who doesn't drink at all, but one of the interns was sort of new to drinking (having been 3 years in college at a big party school)....i don't think it really affected his reputation in my group, but he was kinda annoying when he was drunk which i suspect was because it was pretty new to him, or he is just one of the annoying types when their drunk
when i went out with the group (analysts/associates), it was obliteration basically
when out with more of the group ie vps and mds, it was only a few beers, and i was sure to not get drunk
it certainly helps in this industry to know how to kick back with a few beers, but if you get your work done and its up to expectations, i doubt anyone is going to shun you or anything bc you dont like getting ass wasted
Test your limit
My motto is, if you can hold around 5 shots rapidfire and can still talk and smile without looking like a tool/fake then you're good to go. And make sure that with shots you don't make the noobface immediately after. Also make sure you down the shot in one fast gulp.
Nothing worse than seeing the ugly cringeface or watching someone take 3 small swallows and 20 seconds to finish a shot (usually girls do this shit).
you really don't have to
you really don't have to drink, as long as you have an ecstatic personality and that you can have fun without alcohol in the system. If you are however the plain old boring guy, then good luck, cause you will look like a total outsider on many occasions.
I agree with the last post
I agree with the last post ... Also keep in mind Henry Paulson, the former CEO of Goldman Sachs, and Mitt Romney, not really an investment banker, are two of the most successful businessmen in history and they have never had a sip due to religious reasons.
This sparked an interesting question in my mind. How do bankers view smoking (cigarettes I mean)? Do a lot of bankers smoke due to the stress or is it viewed badly nowadays?
haha
I don't drink.
Why I don't trust traders that don't drink
Once in.. start drinking..
There are a couple of guys
,
A guy I knew did convert is
Edmundo... admit it... the
Financial Modeling Training
Guide to Finance Interviews
Banking Resume
No
Any other comments on
Traders are insane
True Story
Me too
Where the hell do these
Learn Financial Modeling
Interview Guides
Resumes
Just a guess
Sorry if I'm momentarily
Financial Modeling Training
Guide to Finance Interviews
I don't drink at all--MAYBE
I would think traders would
Drinking to numb the pain=
Alcoholic Wall St.
hahaha great post. I have
"Oh the ladies ever tell you that you look like a fucking optical illusion" - Frank Slaughtery 25th Hour.
out my entire SA class,
Fucking Dorks
My advice would be to go out
I used to go out on the town
If you can't frat out, you
Excess in Moderation
nobody cares if you drink or
what if you can't drink for
^ tell them last time you had
Wall Street leaders now understand that they made a mistake, one born of their innocent and trusting nature. They trusted ordinary Americans to behave more responsibly than they themselves ever would, and these ordinary Americans betrayed their trust.
I don't drink. The way to
Yeah I don't drink but
I don't drink. I'm a college
I would take the stories
lab wrote: Just curious, does
http://www.madhedgefundtrader.com/
http://www.tradersmagazine.com/