Fake Rolexes in banking
What are people's thoughts on buying a $10-$20 Rolex watch, or a $100 replica which works as well as a Seiko, in order to look impressive during SA interviews or during the SA internship?
What are people's thoughts on buying a $10-$20 Rolex watch, or a $100 replica which works as well as a Seiko, in order to look impressive during SA interviews or during the SA internship?
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maybe you should look to become a resident of tool academy.
If you can't afford the look why would you want to have it.
Looking to be a hood rich? car cost more than your house?
Wearing a rolex into an interview only makes the associate who doesn't have one begin to make assumptions about what kind of family you came from. He will assume you are spoiled and haven't had wot work for anything in your life.
Then he will grill you about how long the hours are and the attrition rate in IBD. At this point he has dinged you twice, if not more, based an a watch. Explain to him that you're not wealthy and that you just bought a knock-off to look nice and that will be the final ding as he hands you his card and moves to the next conference room.
Just wear something that doesn't use mickey mouse body parts for the minute and second hand and you should be fine.
Rolexico is legit.
I wouldn't do it. You never want to ruffle feathers before you even get into the firm, and a Rolex on a 20 something college student might be seen as "Wow, I didn't have one of those when I was his age, who does this kid think he is?" If you can't afford a real Rolex, which most college students can't (so it might seem strange), get something that looks classic and reserved, but is reasonably priced.
Speaking of Seiko, the "Grand Seiko" is an example of a perfectly acceptable watch and you wouldn't be embarrassed wearing this to an interview. Classic shape, automatic movement, but a decent price. Here's a link: http://www.grand-seiko.com/ . It shouldn't cost more than $350 retail, probably a lot cheaper online, and no one will have potentially negative preconceived notions based on your wristwear. You want everything in your favor at your interview, so don't screw it up before you've even had a chance to speak. Good luck man!
Wow. What bullshit.
Anyone wearing 350 dollars on his arm, my first thought would be, "Shit, I could buy 40 shares of AMD for that price." I imagine for anyone in the business of making money spending huge amounts on trash is a huge tool alert.
Dude, you're smarter than that. Do you really think that people 'in the business of making money' don't spend retarded amounts of money on many things much stupider than watches?
Oy vey...
Anyways, yeah the watch shouldn't be a big concern. I wore a Timex ironman watch all during my SA position last summer, and I later realized that one of the ED's liked to wear one too and he definitely could have afforded something more expensive (mine cost $19.99, his probably did, too). Point is, don't lose sleep over this issue.
Nobody cares what watch you wear, but if someone realizes that it's fake you're going to look like a royal douche. Yeah, Rolexes are nice, but even if you get a real one it's not like you're wearing a 200K Vacheron Constantin that inspires your interviewer to prostrate himself before your wrist. Hell, there's at least a 50% chance that nobody even notices what watch you're wearing.
I'd never rip on someone who wanted to spend his money on a genuine Rolex if it makes him happy, but spending even a penny to pretend that you have the moderate amount of money necessary to buy a Submariner is just silly. If you're not spending a lot of money on your watch, buy it from a decent but relatively inexpensive brand - Seiko and Tissot come to mind. Sure, someone might look at it and think "ha, this college kid doesn't have a lot of money," but they'd happen to be right, and there's no shame in being a poor college kid. But if they see something that claims to be on a Rolex on someone who looks like he has no business wearing one -- or, worse yet, if they can tell with certainty that it's fake -- they're going to think "what a fucking poseur." And there is shame in being one of those.
Definitely don't wear a Rolex, whether it is real or fake, to an interview. Or any other watch for that matter. Just buy something thats clean and looks decent. Make sure it's under $300. You don't want to get dinged for the type of watch you have. It's just like everything else, dress the standard way and you won't have to worry.
As far as buying fake watches for yourself, I see no problem. Just don't wear to interview.
Walking in for SA interviews with a real Rolex: giant tool
Walking in for SA interviews with a fake Rolex: trying to be a giant tool
The guy who interviewed me at Goldman, didn't even have a watch. He was a VP and proudly told me that he didn't need one as he uses his phone for that. Buying a fake Rolex is the worst you can do. Just be yourself and don't wear something that you haven't yet earned yourself.
OP, I award you the medal for the Best Troll Post this week!
^^^^The watch is going the way of the dress hat, give it 30 years and no one will have one because they'll use they're phones instead.
It's sad, because they make for such nice accessories. If someone is wealthy, and they're not wearing a watch to a nice function, I kinda look down on that.
Btw, there are some really, really, really good Rolex fakes, but you usually have to go abroad to buy them (and not to the random store with all the Romexes, you have to know THE store to go, lol). The second hand will move just like a Rolex, the face is scratch resistant, the date magnifier magnifies exactly the same, the little crown on the bottom of the face (the one etched on the glass) is there, the green hologram on the back is the same, etc. My dad was in Dubai and a friend told him of this store that sold ultra good fakes and my dad bought one of the Rolexes ($300) for shits and giggles more than anything. He took it to a watch store and the guy said he couldn't tell it was fake until he took it apart and compared the inside to a real one.
Personally, I don't think a Rolex is nice enough for someone to be labeled a tool. Now, if someone comes in with a high-end Patek Philippe, then I may ding them.
All else being equal, if two candidates have the same resume and skillset, but one comes from a wealthy family; I'm picking the kid with the wealthy family because connections are everything in this world.
Dude seriously? That is the definition of unfair. I'd take the non-wealthy kid all the way because he managed to be just as good as the wealthy kid without any of the backgrounds, connections, etc. He probably had to work twice as hard and deserves the job twice as much, and having an IB job will benefit him so much more than the it will the wealthy kid
If that's actually what you think, fine, but familial wealth isn't necessarily the same as connections, nor are parental connections something that a young person can necessarily tap.
I know rich kids whose parents own minor restaurant chains, clothing stores, and tiny law firms. All these parents bought their kids graduation presents at least as expensive as a Rolex, but none of them have familial "connections" of the sort you're talking about.
I think he might just be the most subtle troll on the board. It's the only explanation.
If you have a watch, wear it... I could give a shit if the kid I am interviewing has a nicer watch than me... Anyone who says they will ding some kid because of his watch is an insecure jackass, I am the one in power during every interview I could care less if you are wearing a hublot or a seiko.
I never wore a watch to an interview.
Same. This never crossed my mind when preparing for interviews, although if it did, I'd probably bring my pocket watch.
http://www.reocities.com/Hollywood/theater/3058/cal.jpg
rolexes are incredibly ugly, pretentious and noveau riche.
Getting a fake rolex is the ultimate tastelessness.
Please don't.
I got one for graduation and never wear it to work, think it would send the wrong message. It's funny, every Friday when i get home from work i have to reset the watch for the weekend....may be toolish but fuckit!
A college student's watch, real or otherwise, is not going to impress an investment banker. Just make sure your suit is pressed, you're clean shaven and your hair doesn't look stupid. That's about all you need to worry about in terms of appearance.
I ding you for this sentence.
I ding you for going to banking instead of the buy-side.
I have nothing against Patek Philippe, just that you should only wear that (especially the more expensive ones) once you're older, regardless of how wealthy your family is.
I would do it for sure, while your at it, fill you wallet with lots of cash and make sure to take it out so your interviewer can see how thick it is...that will really impress him.
Don't forget the diamond cuff links...
This post has gone from bad to worse.
I wear a Hermes tie, Ferragamo shoes, and a Rolex watch to all of my interviews and no one has cared. I've been getting many superday invitations.
I think WSO missed this nugget.
Granted I'm coming in as a summer associate but I really don't think people give a flying anus about wearing an expensive watch or tie as an analyst/associate/janitor whatever. White collar w/ suspenders is one thing, but who gives a damn if you are wearing Hermes and a Rolex (or any nice watch)? If those people exist, i havent met them and I dont care to. When I was in undergrad plenty of people had Rolex's (or similar) or got them as graduation presents. As long as you aren't an arrogant douche i see no problem.
Having said that, a fake one automatically makes you a tool. Pick up a fake LV for your gf while you're at it.
Just buy something you like that is affordable and some day you can get the real thing.
A fake Rolex? Please don't....
What if you have a good story behind how you got your Rolex? Maybe a former boss gave it to you as a present or you earned it with the money you made trading in high school?
yes, Im quite imaginative, but just play along haha
Look at Alexpasch's comment history, he is not a troll, just making a valid point. All else being equal why should you hate on the kid that comes from money? Just because a kid's parents have money is no indicator of his work ethic, he also may have some connections and understood the importance of networking. My dad went to a shitty ass school in upstate NY and has done pretty damn good for himself in the past 5-6 years. I went to a public HS in a shitty Texas town and have always been taught nothing is handed to me and if i fuck up in the slightest i will not be able to network through him and give him a shitty reputation. I am genuinely good friends with his friends in their 50's and 60's to the point that they come visit me when they are in the city and text me bullshit about my college football team. Yeah i agree that there are a lot of little pricks out there that think they deserve everything because where they come from but it's pretty ignorant to make a blanket statment that kids who come from money are worhless and "get eaten alive" by kids who did not. Everything i have learned about how to deal with people came from my dad and i believe i have seen a lot of situations (listening in on calls) that has really changed my attitude towards business.
That being said, wearing a rolex to a interview makes you the Ronnie of d-bags...wearing a fake rolex to interviews makes you the Situation of d-bags.
It is my experience that a higher percentage of kids from money are better socialized. Like they could be total d-bags, but they know when and where they got to act nice and upstanding. I don't come from the money (both of my parents are fucking intellectuals) and I got to admit I learned most of my useful social skills from rich kids, I find too many kids from poor background have the biggest chip on their shoulder that drags them much further down than a lack of knowledge about something would.
This is true. Pedigree and money give people confidence, and confidence is a WINNER. It's attractive, it gets people to follow your lead, it gets people to believe in your ideas, and it sustains you when things are going shitty.
It's not about the degrees, lineage or cash. If you can develop confidence without all that, all the more power to you.
Also I would say that pedigree makes you set the price of the soul higher. Everyone's soul is for sale, everyone can be tempted and led astray, but I'd rather deal with people who won't attempt to fuck me over for less than half a million vs. someone who'll pimp his own mother for $500.
I'm thinking if you have a Rolex, then wear it. If not, no big deal.
In my personal experience, with all due respect:
Kids from money = typically more polished, but lazy + whiney and like to talk about being entrepeneurs, but more likely than not will stay in a conservative work environment with guaranteed payoffs. Kids who are not = typically not as polished, harder working, much more willing to take a risk, typically have much more street smarts and varied life experience, not as likely to end up upper middle class, but the greatest fortunes tend to originate from the middle to lower middle class. Not having too much to lose frees one up a bit.
I come from a non target with a quiet but large presence in finance, and we have a reputation of being 'scrappy'. Give us half the resources and we'll still get it done, and smile the whole time. You can learn manners as you go.
I fail to see a correlation between having confidence and a rich dad, and honestly, I've never been on an interview where they ask to see my parents' tax statement. Get a decent suit, don't use words like 'aint, and have half a clue as to how to function on the job. The rest comes down to how much effort you put in and MAKE THEM MONEY.
Why do people naturally hate on kids with better opportunities? I still dont understand
ofcourse
I would say for an analyst interview you're not gonna want to roll with anything more gangster than a low-key type Tag (under 3k, no diamonds on face, etc.).
stainless steel Rolex oyster perpetual datejust i ? Doesnt look too flashy
dont do it. if you are interviewing they are the ones who are going to pay you. they know you cant afford it.
I think you are better off not wearing a watch. You want your interviewers to be focused on you, not your bling (or psuedo bling)
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