Hustle

So, as you might be able to see based on the time this is posted, I have had a few but I don't think that really negates what I am about to tell you.

I have a friend, lets call him Gilbert. Now Gilbert went to a state school that none of you fucks would ever even mention in polite conversation. Gilbert had a pretty sweet life. Banging girlfriend, awesome apartment, tons of friends, went out all the time, etc.

The one thing Gilbert sucked at was studying. He just didn't do it. Dude graduated with a 2.3 from a joke of a school. We all thought he was fucked.

Fast forward to today, just a few months after Gilbert graduated, he landed a job at a F500 making the same base as all the IB guys out there with a guaranteed ~10% bonus. I met Gilbert for drinks tonight and he showed me the offer so I know its legit.

Just take a deep breath monkeys and realize that the only thing keeping you from getting what you want is your own inability to sack up and do it.

 

Being "Fucked" is relative. Some want more, and due to those expectations those individuals would feel 'fucked' with a 2.3 from an unknown school. I'm not going to question whether he led with "yo i just got a 2.3 in college hire me" or whether he masked that shit with a higher major gpa.

 
DurbanDiMangus:
Being "Fucked" is relative. Some want more, and due to those expectations those individuals would feel 'fucked' with a 2.3 from an unknown school. I'm not going to question whether he led with "yo i just got a 2.3 in college hire me" or whether he masked that shit with a higher major gpa.
Far as I know his major GPA was lower than that actually
If I had asked people what they wanted, they would have said faster horses - Henry Ford
 
wikileaks:
What about the other 99% of the non-target school kids who did not make it?
You're right dude totally not worth talking about anyone that went to a non target since most of them don't 'make it'. Let's write all of them off.
If I had asked people what they wanted, they would have said faster horses - Henry Ford
 

Excellent. I love haring stories like that. In the past I might have gotten angry and cursed him out for taking a job from someone who had worked even harder for it or some dumb reason. But not anymore.

Metal. Music. Life. www.headofmetal.com
 

Awesome story, bro. I think a lot of people on this forum are so obsessed with the school they go to (or want to go to) that they start defining their potential by it. It really makes me sick to think that so many people on here are so shallow and think they can go only as far as their degrees will take them.

Obviously not all people on this forum think this way, but an alarming proportion of people do.

Like someone said earlier, grow a pair and go get what you want!! Planning along with some SWAG can take you places you never thought possible.....

Peace.

 
thatsracist:
How did he get the gig? Networking I assume?
I am curious as well.

When a person make it in with a low GPA or other resume blemishes, there's usually a good story. Did the guy go out and meet people, ping pong off of a bunch of lesser positions, or just get lucky?

Get busy living
 

Actually I said "Cool story" because this story sucks.

Seriously, who gives a shit? A non-target fuckup lands a non-IB job. Awesome. I can imagine the headlines:

SUNY STUDENT TO BECOME PROCUREMENT MANAGER AT MCDONALD'S SEMI-SUCCESS STORY OF LINCOLN COLLEGE GRAD WHO LANDED MANAGEMENT JOB AT RADIOSHACK ...

The guy just isn't in our league. Our ranking-obsessed league goes from UBS ECM at the bottom to GS TMT at the top-- the rest sucks.

By the way, when I joined WSO 4 years ago, I had a banging girlfriend, an awesome apartment, tons of friends and I went out all the time. I also had good grades and landed top gigs.

I landed top gigs because I emulated what other monkeys did. I liked the occasional story of that non-target boy who ended up at Credit Suisse, because their insights helped you game the system better than those of the Harvard grad who made it thanks to OCR. On the other hand, I couldn't give a flying fuck about the Deloitte vs. KPMG vs. regional boutiques threads. That's not where I wanted to be.

So I don't see who would envy that kid or use him as a role model, besides unemployed prospective monkeys.

 
mxc:
Actually I said "Cool story" because this story sucks.

Seriously, who gives a shit? A non-target fuckup lands a non-IB job. Awesome. I can imagine the headlines:

SUNY STUDENT TO BECOME PROCUREMENT MANAGER AT MCDONALD'S SEMI-SUCCESS STORY OF LINCOLN COLLEGE GRAD WHO LANDED MANAGEMENT JOB AT RADIOSHACK ...

The guy just isn't in our league. Our ranking-obsessed league goes from UBS ECM at the bottom to GS TMT at the top-- the rest sucks.

By the way, when I joined WSO 4 years ago, I had a banging girlfriend, an awesome apartment, tons of friends and I went out all the time. I also had good grades and landed top gigs.

I landed top gigs because I emulated what other monkeys did. I liked the occasional story of that non-target boy who ended up at Credit Suisse, because their insights helped you game the system better than those of the Harvard grad who made it thanks to OCR. On the other hand, I couldn't give a flying fuck about the Deloitte vs. KPMG vs. regional boutiques threads. That's not where I wanted to be.

So I don't see who would envy that kid or use him as a role model, besides unemployed prospective monkeys.

The point of this story is that most people who make it in life and are successful are so because their ability to interact with and lead people. Going to a "target" and graduating with a high GPA will open a lot of doors for you initially, but after that first door is open, if all you have to offer is the fact that you are a pompous shit head who went Ivy and landed a high GPA / good first job it is unlikely that you will really ever make anything out of yourself.

No profession (aside from some sciences) in this world is so complicated that it cannot be understood / carried out by a reasonably intelligent person. The real key to success is the ability to lead people / sway opinion. That is what this story shows / why it is interesting. Obviously this kid has a strong personality / has connections which is far more important long-term than a couple of lines on a resume.

http://www.time.com/time/nation/article/0,8599,1227055,00.html

 
JBGH][quote=mxc:
Actually I said "Cool story" because this story sucks.

Seriously, who gives a shit? A non-target fuckup lands a non-IB job. Awesome. I can imagine the headlines:

SUNY STUDENT TO BECOME PROCUREMENT MANAGER AT MCDONALD'S SEMI-SUCCESS STORY OF LINCOLN COLLEGE GRAD WHO LANDED MANAGEMENT JOB AT RADIOSHACK ...

The guy just isn't in our league. Our ranking-obsessed league goes from UBS ECM at the bottom to GS TMT at the top-- the rest sucks.

By the way, when I joined WSO 4 years ago, I had a banging girlfriend, an awesome apartment, tons of friends and I went out all the time. I also had good grades and landed top gigs.

I landed top gigs because I emulated what other monkeys did. I liked the occasional story of that non-target boy who ended up at Credit Suisse, because their insights helped you game the system better than those of the Harvard grad who made it thanks to OCR. On the other hand, I couldn't give a flying fuck about the Deloitte vs. KPMG vs. regional boutiques threads. That's not where I wanted to be.

So I don't see who would envy that kid or use him as a role model, besides unemployed prospective monkeys.

The point of this story is that most people who make it in life and are successful are so because their ability to interact with and lead people. Going to a "target" and graduating with a high GPA will open a lot of doors for you initially, but after that first door is open, if all you have to offer is the fact that you are a pompous shit head who went Ivy and landed a high GPA / good first job it is unlikely that you will really ever make anything out of yourself.

No profession (aside from some sciences) in this world is so complicated that it cannot be understood / carried out by a reasonably intelligent person. The real key to success is the ability to lead people / sway opinion. That is what this story shows / why it is interesting. Obviously this kid has a strong personality / has connections which is far more important long-term than a couple of lines on a resume.

http://www.time.com/time/nation/article/0,8599,1227055,00.html[/quote]

Avoids the issue. Saying "leadership matters most" is so basic as to give a nosebleed. The question is: how much does your achievement track record matter? Will a guy with good instincts from Nebraska usually beat out a guy from Princeton with good instincts? Yes, ability to lead, etc, and yes there are as many UT Austin grads as Harvard grads in the Fortune 50, blah blah. Let's first not forget UT Austin is not exactly Podunk U: the vast majority of these high achievers went to a top 30 school. Even most successful drop-outs came from these universities.

But more importantly, a full, representative cross-section of alumni- top 30s will blow all other segments out of the fucking water in terms of achievement. A hardworking kid from Wisconsin University will have a vanishingly small chance of out-achieving a hardworking kid from MIT or Stanford or even the strongest state schools like UVA or Georgia Tech or UT Austin.

 
JBGH:
http://www.time.com/time/nation/article/0,8599,1227055,00.html[/quote]L… at your link and poor statistics. Lemme explain.

So only 20% of F50 CEOs went to targets? Well, total college enrollment is approx 20m. (http://nces.ed.gov/programs/digest/d10/) while Ivy league enrollment stands at approx 120.000 (http://collegeapps.about.com/od/choosingacollege/tp/ivy-league-schools…). You do the math but past Ivy league grads were more than 20x more likely to head an F50 company.

But back to the subject...

No hating or envy here. I'm sure the guy is a great fella, but as a community we should have no respect for him career-wise. We should disesteem lazy fuckups like it's 2007 because the freshmen and high school kids on this board deserve the truth: you won't land a Wall Street gig if your credentials are poor.

 
  1. This guy is a clear outlier from most people I know of similar profiles.

  2. This guy doesn't even have it that good - upside limited in terms of exit/lateral opps, progression in the company, or business schools unless you get really lucky and your boss is a superstar and a mentor. Getting into bschools will be hard given the terrible GPA- could be overcome with a knockout story but F500 doesn't exactly get you there.

  3. I respected the kids that had beautiful girlfriends, good social lives, and who were actually good at what they did.

 

Great. He wasted 4 years, his parents money, a college education for which people in the 3rd World would spend every penny.

He didn't even have a moment of attonement whereby he realized his errors and made a serious effort to change his life with great effort. He simply kicked ass at some interviews.

I don't care if he is smart. Laziness is not to be admired. Squandering opportunities is not praiseworthy.

This story sucks.

********************************* “The American father is never seen in London. He passes his life entirely in Wall Street and communicates with his family once a month by means of a telegram in cipher.” - Oscar Wilde
 

Someone I went to school with became an assistant branch manager -> branch manager at Wells Fargo out of ugrad and made 75k all in his first year and 85k+ all in second year (this is in the southeast). Complete college fuck up (2.5gpa). But an awesome people person, and knows how to run a branch. Works 9-5 kissing ass with retard customers and with minimal upside other than an extremely slim chance going corporate retail banking where he can bring in serious cash but it's not a structured climb like consulting/banking or even f500.

I see the point happy is trying to make, but it is not uncommon to see the occasional college fuck up land gigs making decent money.

 

Ha, I think it's funny......people get pissed off because this guy overachieved....it's called a SACK and you can't buy it or learn it at your target school....you either have it or you don't.....guys like this will hand you your asses later in your careers. Keep hatin'.......lol

 
wfucpa:
Ha, I think it's funny......people get pissed off because this guy overachieved....it's called a SACK and you can't buy it or learn it at your target school....you either have it or you don't.....guys like this will hand you your asses later in your careers. Keep hatin'.......lol

Riiiiiiiiiiight..... because the target school kids haven't spent the past 8 years learning how to game the system?

That's half the game in Ivy admissions!

Love that extra SAT time for a "learning disability" sucka

********************************* “The American father is never seen in London. He passes his life entirely in Wall Street and communicates with his family once a month by means of a telegram in cipher.” - Oscar Wilde
 
veritas14:
wfucpa:
Ha, I think it's funny......people get pissed off because this guy overachieved....it's called a SACK and you can't buy it or learn it at your target school....you either have it or you don't.....guys like this will hand you your asses later in your careers. Keep hatin'.......lol

Riiiiiiiiiiight..... because the target school kids haven't spent the past 8 years learning how to game the system?

That's half the game in Ivy admissions!

Love that extra SAT time for a "learning disability" sucka

LoL all those Ivy League kids that everyone loves so much are taught group think and every one of them is a carbon copy of the previous class. Its all bullshit.

The only thing an ivy league school or named school gets you is your foot in the door and a HUGE alumni network.

Well i walk all over ivy league kids because I think out of the box and I am pretty sure I went to one of the lowest "officially" ranked schools on WSO with a low GPA. The thing is I had some phenomenal professors at this school who taught a lot about the "REAL WORLD."

You can have all the frat boys and secret society kids, I could care less. Let them run all those companies into the ground because they dont know a thing about business.

The one who does not fall, does not stand up
 
idragmazda:
hatersgonnahate.jpg

^ Love it.

There's so many haters in this thread it's ridiculous. Be happy for the kid. The fact that some of your mommies and daddies paid for you to go to better schools does not in any way make you better than this kid. In the end all that matters is that you enjoy the life you live. I think some of you in this thread are very jealous of the fact that he probably enjoys his.

 
GoIllini:
idragmazda:
hatersgonnahate.jpg

^ Love it.

There's so many haters in this thread it's ridiculous. Be happy for the kid. The fact that some of your mommies and daddies paid for you to go to better schools does not in any way make you better than this kid. In the end all that matters is that you enjoy the life you live. I think some of you in this thread are very jealous of the fact that he probably enjoys his.

i'm jealous

 
GoIllini:
idragmazda:
hatersgonnahate.jpg

^ Love it.

There's so many haters in this thread it's ridiculous. Be happy for the kid. The fact that some of your mommies and daddies paid for you to go to better schools does not in any way make you better than this kid. In the end all that matters is that you enjoy the life you live. I think some of you in this thread are very jealous of the fact that he probably enjoys his.

Some of us are unwilling to heap praise upon an immature child. He is the one who was spoiled. He wasted 8 years of his life: 4 years of shitty HS grades led to 4 years of shtty college grades.

Not everyone at HYP was born with a silver spoon. Most of us worked our asses off for 8+ years and STILL barely got the high paying job we wanted.

Now we should tongue-bathe this kid because he fell assbackwards into a decent job?

F*ck Off.

********************************* “The American father is never seen in London. He passes his life entirely in Wall Street and communicates with his family once a month by means of a telegram in cipher.” - Oscar Wilde
 

Gosh, you kids really need to expore the world. Most of rich people getting there by not working in finance... they even attended school where you dont even allows your maid's kid to be there.

At 20s you might think become rich before 30s is so fuckin' baller... till you realised tht you had bad liver, shrinked penis, 50 years old man body with girlfriend/wife tht is so close to the standard of whore.

Those 'losers' in F500 might even shaged your gf when you are busy making love to Excel in office on Saturday afternoon..

Oil & Gas monkey
 
RKA:
Gosh, you kids really need to expore the world. Most of rich people getting there by not working in finance... they even attended school where you dont even allows your maid's kid to be there.

At 20s you might think become rich before 30s is so fuckin' baller... till you realised tht you had bad liver, shrinked penis, 50 years old man body with girlfriend/wife tht is so close to the standard of whore.

Those 'losers' in F500 might even shaged your gf when you are busy making love to Excel in office on Saturday afternoon..

Learn english.

 
pacman007:
RKA:
Gosh, you kids really need to expore the world. Most of rich people getting there by not working in finance... they even attended school where you dont even allows your maid's kid to be there.

At 20s you might think become rich before 30s is so fuckin' baller... till you realised tht you had bad liver, shrinked penis, 50 years old man body with girlfriend/wife tht is so close to the standard of whore.

Those 'losers' in F500 might even shaged your gf when you are busy making love to Excel in office on Saturday afternoon..

Learn english.

Learn Spanish!

 

Love the non-sequiturs and ad hominems from the last 2 commenters. Brilliant insight!

********************************* “The American father is never seen in London. He passes his life entirely in Wall Street and communicates with his family once a month by means of a telegram in cipher.” - Oscar Wilde
 
oldmansacks:
look at what you did happy, created a disaster.
I honestly don't remember writing this very well. Went to watch UVA play at a bar with the guy in the story and a couple other dudes and it just went downhill
If I had asked people what they wanted, they would have said faster horses - Henry Ford
 
craigmcdermott:
I get that you're trying to illustrate that it is possible to "outkick your coverage" or do better than your stats might imply. However, most of the people on this site aspire to greater things than a F500 program. Nobody works in IBD for the base salary.
Making 80k all in out of UG without working more than 65 hours a week is something most people would kill for.
If I had asked people what they wanted, they would have said faster horses - Henry Ford
 
happypantsmcgee:
craigmcdermott:
I get that you're trying to illustrate that it is possible to "outkick your coverage" or do better than your stats might imply. However, most of the people on this site aspire to greater things than a F500 program. Nobody works in IBD for the base salary.
Making 80k all in out of UG without working more than 65 hours a week is something most people would kill for.

What does he do there?

 

The only good thing about this thread is the Rick Ross video...seriously...what's so special about this storyy...I've heard of countless dudes doing nothing, enjoying life and ending up with a job and a bonus, Why? "Daddy owns the company" sort of thing...It might not be the case here but obviously the kid got lucky or connections, which doesn't mean everyone does. So all you suckers admiring the nondoer - get of the couch or pc and go do something!

Disclaimer: since not enough details were provided i don't want to rant on the kid, but rant on those who admire those who got it easy.

Sometimes we get lucky, but most of the time life aint easy!

Do what you want not what you can!
 
bossman:
The only good thing about this thread is the Rick Ross video...seriously...what's so special about this storyy...I've heard of countless dudes doing nothing, enjoying life and ending up with a job and a bonus, Why? "Daddy owns the company" sort of thing...It might not be the case here but obviously the kid got lucky or connections, which doesn't mean everyone does. So all you suckers admiring the nondoer - get of the couch or pc and go do something!

Disclaimer: since not enough details were provided i don't want to rant on the kid, but rant on those who admire those who got it easy.

Sometimes we get lucky, but most of the time life aint easy!

Fair point but his dad is a weapons engineer for the navy and his mom is a teacher. No connections that I know of.
If I had asked people what they wanted, they would have said faster horses - Henry Ford
 

damn happy this really went downhill.

but really guys?.. you gotta hate cuz someone went to a less known school, partied their ass off, and now has a better job than you? and then some of you go on to talk shit about the field you're trying to get a job in on an internet forum that's created to solely facilitate that process? no shit you guys don't get hired.

 

as someone from a non-target, i know quite a few people that ended up in comfy spots, despite shitty grades from a non-target. of the 3 who made out like bandits (at least 6 fig) with around 2.5 gpas and bullshit majors, 2 smoke pot daily and the other one is bona fide alcoholic. To add insult to injury, all 3 had to go to a community college first because they didn't have the high school credentials to get accepted right away even into the non-targets they graduated from.

BUT. All 3 have very successful daddies - F500 CEO, F10 VP, and an owner of a private business that has a bigger local market share than the top F500 co in that industry.

More is good, all is better
 
Argonaut:
as someone from a non-target, i know quite a few people that ended up in comfy spots, despite shitty grades from a non-target. of the 3 who made out like bandits (at least 6 fig) with around 2.5 gpas and bullshit majors, 2 smoke pot daily and the other one is bona fide alcoholic. To add insult to injury, all 3 had to go to a community college first because they didn't have the high school credentials to get accepted right away even into the non-targets they graduated from.

BUT. All 3 have very successful daddies - F500 CEO, F10 VP, and an owner of a private business that has a bigger local market share than the top F500 co in that industry.

its called having a huge dick.

 
Argonaut:
as someone from a non-target, i know quite a few people that ended up in comfy spots, despite shitty grades from a non-target. of the 3 who made out like bandits (at least 6 fig) with around 2.5 gpas and bullshit majors, 2 smoke pot daily and the other one is bona fide alcoholic. To add insult to injury, all 3 had to go to a community college first because they didn't have the high school credentials to get accepted right away even into the non-targets they graduated from.

BUT. All 3 have very successful daddies - F500 CEO, F10 VP, and an owner of a private business that has a bigger local market share than the top F500 co in that industry.

I went to the local community college before my non target stint, but that wasn't due to having low grades in high school.

 
txjustin:
Argonaut:
as someone from a non-target, i know quite a few people that ended up in comfy spots, despite shitty grades from a non-target. of the 3 who made out like bandits (at least 6 fig) with around 2.5 gpas and bullshit majors, 2 smoke pot daily and the other one is bona fide alcoholic. To add insult to injury, all 3 had to go to a community college first because they didn't have the high school credentials to get accepted right away even into the non-targets they graduated from.

BUT. All 3 have very successful daddies - F500 CEO, F10 VP, and an owner of a private business that has a bigger local market share than the top F500 co in that industry.

I went to the local community college before my non target stint, but that wasn't due to having low grades in high school.

A lot of kids go to JC to save money, a lot of really smart ones at that; with that said, I listed what each of these kids' daddies does, saving on tuition was NOT their concern. Especially since one kid went to JC out of state, so tuition was essentially same as it would have been at a state non-target
More is good, all is better
 

Good for your friend.

But there is nothing to praise there. I am not gonna praise him for having a "sweet apartment" or partying or getting a 2.3 at a shitty school. That not what hustling is. Hustling is doing that (which is easy) and getting decent grades. My friend came from a piss poor family, worked 20 hours every week, partied his face off, and made it to Columbia med. That my friend is a hustler: he gets it done.

Not hating considering I had mediocre grades in college too.

 
kmzz:
since when does an entry-level f500 fin analyst make $80k lol
Not that uncommon. Not sure why that makes you 'lol' unless you're a girl and giggle a lot.
If I had asked people what they wanted, they would have said faster horses - Henry Ford
 
happypantsmcgee:
kmzz:
since when does an entry-level f500 fin analyst make $80k lol
Not that uncommon. Not sure why that makes you 'lol' unless you're a girl and giggle a lot.

My boy graduated from UT-Austin got a corp fin job at Shell in Houston. His base salary is 70K plus 15% bonus. His bonus could potentially be more if he performs well and oil prices stay high. He's living the life, he's home by 6pm everyday and parties hard on the weekends.

HPM, you're one funny man.

 

Criteria #1 for getting a job: having a life.

This dude clearly had one, passed the "can't be a geek weirdass mofo test", and got a job, no need to hate.

 

^^I did the same before transferring to my NT, spent some time in the real world, too.

Also, I'm extremely happy that this guy made sure at least ONE of the jobs the people on this board are trying to get. My god, this is the biggest "I'm a vagina" thread I've ever seen. Boohoo, he didn't get a great GPA and didn't go to a target, looks like he knows how to play the system. Guess what, he'll probably be far more successful than the lot of you bitching about your failures.

"You stop being an asshole when it sucks to be you." -IlliniProgrammer "Your grammar made me wish I'd been aborted." -happypantsmcgee
 
D M:
^^I did the same before transferring to my NT, spent some time in the real world, too.

Also, I'm extremely happy that this guy made sure at least ONE of the jobs the people on this board are trying to get. My god, this is the biggest "I'm a vagina" thread I've ever seen. Boohoo, he didn't get a great GPA and didn't go to a target, looks like he knows how to play the system. Guess what, he'll probably be far more successful than the lot of you bitching about your failures.

this is so true..so many people here complaining. The classic "5 BB FO interviews from a semi-target zero offers, WHAT AM I DOING WRONG"

stop bitchin'

 
It’s no mystery that ass has always been tits’ greatest enemy... It’s almost like a Muslim-Jewish thing, but with tits and ass.

Wtf lol. This is so absurd, it literally made me lol

More is good, all is better
 

Agree. It's all about sack. Half the ivy dudes I know are fking losers who were born with a silver spoon in their mouths. That said, EVERY nontarget I know works their ass off because life didn't get handed to them.

I hope all you hatin ivies end up in ops. I'd never hire you, you're all douchebags.

Follow me on insta @FinancialDemigod
 

I like this story. It makes me feel hopeful about things. Coming from a non-target with a low GPA myself, I'm glad the dude got a good job. I have a finance degree and work at a job where no one gives a fuck. It's good to be recognized for the effort. Getting a college degree, even with a low GPA, is still an accomplishment and is not accomplished by a completely lazy person. You guys have to realize what the difference between an A student and a C student is -- a couple more marks on a piece of paper. It would be nice to think the A student put in more effort and thats why they got the grade. But the A student could of had an old test or cheated. In my derivatives class, the entire class cheated except me. They all go their A's and I took my C. Because I figured if staying up all night for three days studying didn't "earn" me the A then I didn't deserve it. I took what I earned. One could call cheating hustling i suppose

Point is -- not everyone makes As for more effort and not everyone makes Cs for laziness. I agree that a low GPA isn't something to praise, but a college degree isn't something to put down either. You guys who got into good schools and landed those internships and SAs are awesome! Pat yourself on the back, you did it right. But anothers success doesn't negate yours. They just proved themselves a different way and found a different path. So dont hate. I'd take OPs friends job any day of the week.

Now if you'll excuse me, I'm off to sacrifice my left nut to Cthulu for the opportunity to work an unpaid internship at a boutique while I live out of my car because I want it THAT badly.

 

Ya makes perfect sense that I should feel sorry I went to a decent school. Ya, we all think alike...none of our schools provide people that think out of the box. Fuck Harvard, they need to go to Wayne State to find those creative out of box thinkers. Ya, nothing in the world says success like doing crappy in school and then landing a decent entry level job.

I am so envious. Please take me out of my misery. I live in a crap apartment, never had a banging girlfriend, and study quantum physics instead of partying. God, I just wish I was like you - I could network because you know no one at a top school can netw.....ahahahahha.... ok sorry I can't do this. My life is really sweet.

Serious talk: Stop the generalizations and glorification of your past experiences. For every kid with a 2.3 GPA from a crap school that ends up in a decent job there is about a 1000 that don't have one. Same at an Ivy but it isn't to this great an extent. I am pretty sure my friend who ended up at a multi-billion HF with a crap GPA hustled harder than this kid but you don't see me writing up threads glorifying this.

 

^^^^ You can think what you want. But if you dont think you are taught group think than I feel sorry for you. Yes, of course, some people at harvard etc do think out of the box and obviously can network but they are also the people who are more likely to believe that inflation is below 2% currently.

The main reason 3/4ths of these ivy kids have done well is because we have been running the printing presses since 1971 and the capital class is the place to be. Most don't have a fucking clue about the economy, how it really works or that the money supply has been expanding exponentially for nearly 40 years so that they can buy the extra house in martha's vineyard or that yacht.

Take that comment however you wish.

The one who does not fall, does not stand up
 

Ya its only since 1971 that kids at top schools have been doing well. The ruling elite really did not come from decent schools then.

Dude, stop, observe, analyze, write. Networking isn't getting tanked with your friends 5 nights a week while your priorities go to hell (kids at decent schools do that too). If you think most Ivy league kids are born with silver spoons up their ass (they aren't) they should actually have better networking skills than the folks who have never talked with a business executive once in their life. Choose one stereotype and stick with it. In some threads, kids at decent schools are antisocial number crunchers in another thread they are backslapping, connected SOBs.

Life isn't fair. Read some Aurelius. Learn to play the card dealt to you and stop keeping grudges and rationalizing your behavior. I had shit GPA...I don't rationalize it or rub it in people's faces. And I certainly as hell had better accomplishments than having a decent apartment and partying.

 
baddebt88:
Ya its only since 1971 that kids at top schools have been doing well. The ruling elite really did not come from decent schools then.

Dude, stop, observe, analyze, write. Networking isn't getting tanked with your friends 5 nights a week while your priorities go to hell (kids at decent schools do that too). If you think most Ivy league kids are born with silver spoons up their ass (they aren't) they should actually have better networking skills than the folks who have never talked with a business executive once in their life. Choose one stereotype and stick with it. In some threads, kids at decent schools are antisocial number crunchers in another thread they are backslapping, connected SOBs.

Life isn't fair. Read some Aurelius. Learn to play the card dealt to you and stop keeping grudges and rationalizing your behavior. I had shit GPA...I don't rationalize it or rub it in people's faces. And I certainly as hell had better accomplishments than having a decent apartment and partying.

I agree. One of my friends from high school was poor as shit and his life was a living hell (mom was very sick and dad worked at a gas station). He always wanted to go to Harvard, he didn't get in, but got into Duke. He worked his ass off there as well then transferred to Harvard. Now he's in med school.

I give props to everyone who works hard and gets where they want to be. It's really not about Ivey and non-Ivey,

 
baddebt88:
Ya its only since 1971 that kids at top schools have been doing well. The ruling elite really did not come from decent schools then.

Dude, stop, observe, analyze, write. Networking isn't getting tanked with your friends 5 nights a week while your priorities go to hell (kids at decent schools do that too). If you think most Ivy league kids are born with silver spoons up their ass (they aren't) they should actually have better networking skills than the folks who have never talked with a business executive once in their life. Choose one stereotype and stick with it. In some threads, kids at decent schools are antisocial number crunchers in another thread they are backslapping, connected SOBs.

Life isn't fair. Read some Aurelius. Learn to play the card dealt to you and stop keeping grudges and rationalizing your behavior. I had shit GPA...I don't rationalize it or rub it in people's faces. And I certainly as hell had better accomplishments than having a decent apartment and partying.

I dont think that you read my posts (if this was directed at me). I would totally disagree with getting drunk every night and partying. In fact I have never drank before in my life. I see why people do it and they are free to do so but its not what I do.

I would estimate that half of all Ivy kids were born with silver spoons in their mouth or are legacy kids. The rest of them just turn into stuck up snobs for the most part. Obviously NOT ALL OF THEM are this way, I am talking about averages here.

Its okay, I understand that you don't understand the reference to 1971. Of course there were Ivy kids before 1971 but the money was not sloshing around the world like it is now. PLUS most of the people who started a business in the previous generation did not attend a college or university. That is another problem with todays world that everyone thinks they need to go to college to start something or to work in a certain field. Unfortunately it shouldnt be this way but it is.

College should only be used for such careers as medicine or to be a lawyer etc. But to work in business? To trade or to do PE deals? You don't need college for that. Most of these people don't learn a thing in college it is just for the brand name recognition.

The one who does not fall, does not stand up
 

I understood your reference to 1971 and I think it is stupid. I will argue that Ivies constituted a much greater proportion of the ruling elite prior to 1971 across the socioeconomic spectrum (biz + politics) than they do now. In addition, the people that went to Ivies back then are very different from the type that go now. The idea of the backslapping legacy is much more common for pre-financial aid reform (pre 1970) Ivy than now when its much more racially diverse (Asians predominantly) who have less of a snob factor. If you are smart enough to get in, they WILL figure out a way for you to pay for college. Its a security mechanism for people to think that the good private schools are filled with rich kids...its a way for them to justify their situations and doesn't reflect the reality. Sure you might have a minority of people whose parents aren't willing to pay/or they have a situation where their wealth looks a lot but can't be put towards education. But those instances are just that...a minority. I (as well as many of my classmates) would have had to pay as much if not more to go to our state schools than our colleges.

I did not learn much about business in college. But there is a number if things about the ACT of getting into a top college that translates to doing well in life. At the end of the day, its very tough to weed out of bad habits. Of course there are exceptions but (as you mentioned it) I am talking about averages here. A kid not used to doing work will probably not do work. I agree with you: a lot of people should not go to college. But life is also more complicated than it was in the "good ol days" which really weren't all that good for the average man. I strongly believe the low hanging fruits in the economy are being picked and competition is greater and more global than ever before. That is the subject for another thread.

I highly doubt most Ivy league grads turn out into snobs...could be you have had bad luck in your interactions or (more likely) you are projecting your own insecurities.

 
baddebt88:
I understood your reference to 1971 and I think it is stupid. I will argue that Ivies constituted a much greater proportion of the ruling elite prior to 1971 across the socioeconomic spectrum (biz + politics) than they do now. In addition, the people that went to Ivies back then are very different from the type that go now. The idea of the backslapping legacy is much more common for pre-financial aid reform (pre 1970) Ivy than now when its much more racially diverse (Asians predominantly) who have less of a snob factor. If you are smart enough to get in, they WILL figure out a way for you to pay for college. Its a security mechanism for people to think that the good private schools are filled with rich kids...its a way for them to justify their situations and doesn't reflect the reality. Sure you might have a minority of people whose parents aren't willing to pay/or they have a situation where their wealth looks a lot but can't be put towards education. But those instances are just that...a minority. I (as well as many of my classmates) would have had to pay as much if not more to go to our state schools than our colleges.

No you obviously did not get my reference about 1971. 1971 is the year we went off the gold standad for good and the money supply expanded exponentially. While there were bubbles before 1971 (and a lof of them) the bubbles now are created simply by credit expansion. You should go read some Austrian economics from Carl Menger and learn about the real economy. OH but i forgot ivy kids are taught Keynesian economics!!! I actually have lots of friends from Ivy schools so i am not projecting my "insecurities"

I did not learn much about business in college. But there is a number if things about the ACT of getting into a top college that translates to doing well in life. At the end of the day, its very tough to weed out of bad habits. Of course there are exceptions but (as you mentioned it) I am talking about averages here. A kid not used to doing work will probably not do work. I agree with you: a lot of people should not go to college. But life is also more complicated than it was in the "good ol days" which really weren't all that good for the average man. I strongly believe the low hanging fruits in the economy are being picked and competition is greater and more global than ever before. That is the subject for another thread.

I can tell you don't realize what is really happening in the economy. Again you most likely believe that inflation is 2% or less and hang on every word that Bernanke says.

I highly doubt most Ivy league grads turn out into snobs...could be you have had bad luck in your interactions or (more likely) you are projecting your own insecurities.

Most rich kids turn into snobs and Ivy kids in finance anyway tend to make it into the upper echelons and thus become rich and turn into snobs. The problem is you are looking through your own biased eyes.

The one who does not fall, does not stand up
 
ivoteforthatguy:
Reagan: Eureka College Nixon: Whittier College

I can go on.

Every president since Reagan had/has pedigreed education, people have lost perspective:

Bush 1: yale Clinton: yale Bush 2: yale Obama: harvard

Have things gotten better or worse since Reagan?

Get busy living
 

Its false that this is a new development. Here are the 10 presidents prior to Reagan. I will include grad schools:

Carter- Naval Academy Ford - Yale Nixon - Duke Johnson - Southwest Texas JFK - Harvard Eisenhower - West Point (Princeton prez) Truman - Missouri FDR - Harvard Hoover - Stanford Coolidge - Amherst

I don't see any evidence that pedigree somehow mattered less then. Other than Johnson and Truman, 10 presidents prior to Reagan ended up at some pretty pedigreed institutions at one stage or another in their education careers.

It is tough to judge whether elitism has increased in the very highest of offices by just 4 data points. But its safe to say, those positions has had a disproportionate amount of representation by the top schools. Its easy to pooh-pooh those students saying they are elitists who used backdoors to get in or are snobs who have no idea what the "real world" is like. At the end of the day, your average kid at Harvard probably works hard than their counterpart at Arizona State. Are there students who went to Arizona State because it was a cheap option and they liked Arizona more? Absolutely. But don't blow it up....they are a very, very small minority. Places like WSO attracts that minority so we get a skewed view.

Its a tough realization but statistically, you can tell a lot about a person's life trajectory by looking at the first 2-2.5 decades of their life. Work habits, attitudes, and belief systems become pretty ingrained by that point. Of course there are exceptions....but they are just that: exceptions to the norm.

 

Look at "Sir" Richard Branson or David Sokol.

David Sokol has spent his life in Omaha. He entered the university of Nebraska and finished there..

He was also a possible successor of Warren Buffet.

If top schools are really more important than anyother, why not a graduate from MIT, Harvard or even Wharton?..

While studying at MIT, I see lots of smart kids who could easily work as IB or HF. But most of them are freaks and have no social lives.

Working on the wallstreet is fu***** hard and difficult, but I am sure that most average students from unranked schools can work there when they have discipline and are ready to learn by doing.

 

Johnson went to a teacher's college, and Truman actually didn't go to college at all. I know about the pedigrees of the rest. But: within a 60 year span, four US presidents went to colleges that no one has heard of. That's something.

Also, looking at the C-suite: you have guys like Paul O'Neill who went to some no-name CSU college in California, etc.

David Brooks, when he is not spouting his usual idiocy, once in a while has a moment of clarity. He suggested that the real advantage of the Ivy League pedigree is not so much what they teach but the confidence it imparts.

If you can acquire that confidence from some other source, you'll be better off.

PS No sour grapes here. I have "the pedigree" but don't care for the snobbery.

 

The reason why you guys need to mention specific names goes back to what I have already mentioned: those guys are exceptions. Not every kid from a top school or a state school will be wildly successful. But one group is massively over represented than the other. I will let you guys figure out which it is.

No one is stating that those offices are closed off because of education. And just because I am defending kids going to decent schools doesn't make me a snob. I find it funny how its absolutely ok to be proud of your institution's athletic record but god forbid, you try to defend its academic pedigree.

 

Really? You are going to list what, 10 maybe 20 exceptions that you can find? By your reasoning, damn I should have dropped out of Harvard. Billy Gates and Zuckerburg did and became billionaires.

 

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********************************* “The American father is never seen in London. He passes his life entirely in Wall Street and communicates with his family once a month by means of a telegram in cipher.” - Oscar Wilde
 

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********************************* “The American father is never seen in London. He passes his life entirely in Wall Street and communicates with his family once a month by means of a telegram in cipher.” - Oscar Wilde
 

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Ut dignissimos animi nihil nulla sit ut. Accusamus eum qui molestiae. Quam natus ut voluptas dolor. Omnis incidunt voluptatem qui ut laudantium qui.

 

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