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Do you think wso discussions accurately reflect the way people think and act about schools, other banks and careers, money, prestige, politics, how important they feel their jobs are relative to other fields, etc in the IB and PE fields?

Comments (16)

  • bossman's picture

    Not necessarily! Wall street is much more diverse and for every frat type there is a reserved time and so on.

    Do what you want not what you can!

  • surferdude867's picture

    I've noticed at the more "prestigious" firms the WSO stereotype tends to very prevalent. However, at smaller firms I see a lot more men and women who see finance as a means to an end rather than the end itself.

  • leveRAGE.'s picture

    I'm wearing a nametag with my WSO username at my SA this summer so I can continue discussions while at work with others.

  • rufiolove's picture

    I don't think the site is a very accurate reflection of life on the street at all... maybe that's because I don't work with prestige-whore douchebags tho... As surferdude mentioned, you will see a lot of junior guys who "get it," whereas all the college juniors/prestige focused kids on this site who think that Top Group >>> Top PE >>> Top MBA >>> Top Megafund is the absolute optimal path are completely delusional. They think that they are the only different ones for whom working till 4am and getting yelled at for missing an errant comma on page 21 of the Appendix of a 130 page pitchbook will not be a reality, and that they deserve everything life has to offer merely because of where they went to school. Truth of the matter is that it is an absolute grind. Are there cool aspects of the job? Sure. Are there crappy aspects of the job? Definitely. The difference between your work environment being tolerable and it being miserable is working with people who "get it." In other words, if you are working with kids that think they are God's gift to Finance and that they know everything, you are not going to relate very well, (they probably are going to be the ones whom coworkers can't stand also). The sense of entitlement that you see on this site is not quite as rampant in the workplace (at least from what I've seen, others may have a different perception), because in the real world you can't push back/talk shit as much when you are an Analyst because you are always looking up from under someone else's boot. Yes you will get perks, and you make solid money, but it DOES NOT make you any better than any other person you run into. I see so many comments on this thread of kids who think they are king-shit-of-the-universe because they got a great SA job. I'm psyched for you pal, because I know the work that goes into locking that down. But to think that you are better than someone else who is older and wiser than you is ludicrous. Especially, because once you become a full time Analyst, you will see how little of the grand scheme an SA gets to taste. They will get a glimpse at the hours and the lifestyle, but they aren't going to get the heat that you get on a day-in, day-out basis.

    The ones who "get it." Go to work, know that shit is going to roll down hill, but have a solid head on their shoulders and find a way to deal with it while not acting like a pretentious douchebag to everyone outside of the office that they encounter. They have a plan of action to make a jump somewhere else to hopefully leverage the technical experience they've gained to go forth and do something better following their two year stint. For some that's PE, others HF, or maybe even an entrepreneurial venture, but ultimately, in my opinion at least... the greatest distinguishable trait between Analysts is attitude. I'm pretty convinced that life is 10% what happens to you, and 90% how you react to it...

  • In reply to jec
    Walkio's picture

    foreveralone wrote:
    anonymity brings out the worst in people

    Very true.

  • In reply to rufiolove
    DurbanDiMangus's picture

    rufiolove wrote:
    I'm pretty convinced that life is 10% what happens to you, and 90% how you react to it...

    Great comment. Exceptional perspective. This is often quoted as a top attribute of great leaders.

  • rufiolove's picture

    pretty funny that someone threw shit at that... obviously the post went way over their head...

  • rickyross's picture

    Nice post rufio. I second DurbanDiMangus.

    People tend to think life is a race with other people. They don't realize that every moment they spend sprinting towards the finish line is a moment they lose permanently, and a moment closer to their death.

  • TNA's picture

    This site is a reflection of people who have watched Wall Street and American Psycho a thousand times and think they are king shit. Working all the time, never seeing your friends or having a normal life, being yelled at, threatened, treated like an animal because of formating errors, having garbage dumped on you just as you are about to leave, that is the reality. Anyone working in finance soon realizes the banality of the work. You grind it out for an above average paycheck and hopefully use it to do something else.

    Rufio spoke truth people. Respect and learn from his statements.

  • In reply to rufiolove
    pdres25's picture

    rufiolove wrote:
    I don't think the site is a very accurate reflection of life on the street at all... maybe that's because I don't work with prestige-whore douchebags tho... As surferdude mentioned, you will see a lot of junior guys who "get it," whereas all the college juniors/prestige focused kids on this site who think that Top Group >>> Top PE >>> Top MBA >>> Top Megafund is the absolute optimal path are completely delusional. They think that they are the only different ones for whom working till 4am and getting yelled at for missing an errant comma on page 21 of the Appendix of a 130 page pitchbook will not be a reality, and that they deserve everything life has to offer merely because of where they went to school. Truth of the matter is that it is an absolute grind. Are there cool aspects of the job? Sure. Are there crappy aspects of the job? Definitely. The difference between your work environment being tolerable and it being miserable is working with people who "get it." In other words, if you are working with kids that think they are God's gift to Finance and that they know everything, you are not going to relate very well, (they probably are going to be the ones whom coworkers can't stand also). The sense of entitlement that you see on this site is not quite as rampant in the workplace (at least from what I've seen, others may have a different perception), because in the real world you can't push back/talk shit as much when you are an Analyst because you are always looking up from under someone else's boot. Yes you will get perks, and you make solid money, but it DOES NOT make you any better than any other person you run into. I see so many comments on this thread of kids who think they are king-shit-of-the-universe because they got a great SA job. I'm psyched for you pal, because I know the work that goes into locking that down. But to think that you are better than someone else who is older and wiser than you is ludicrous. Especially, because once you become a full time Analyst, you will see how little of the grand scheme an SA gets to taste. They will get a glimpse at the hours and the lifestyle, but they aren't going to get the heat that you get on a day-in, day-out basis.

    The ones who "get it." Go to work, know that shit is going to roll down hill, but have a solid head on their shoulders and find a way to deal with it while not acting like a pretentious douchebag to everyone outside of the office that they encounter. They have a plan of action to make a jump somewhere else to hopefully leverage the technical experience they've gained to go forth and do something better following their two year stint. For some that's PE, others HF, or maybe even an entrepreneurial venture, but ultimately, in my opinion at least... the greatest distinguishable trait between Analysts is attitude. I'm pretty convinced that life is 10% what happens to you, and 90% how you react to it...

    HONESTLY MAN, IT'S SHIT LIKE THIS ^ THAT MAKES ME KNOW THAT THE WORLD/WSO IS NOT FULL OF THE DOUCHEROCKETS THAT YOU DESCRIBE. YOU FUCKING NAILED IT ON HERE. You killed it in that last paragraph as you obviously "get it".

    Nice work. No sarcasm from me either.

    -PD

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  • In reply to rufiolove
    JimmyDormandy's picture

    "Jesus, he's like a gremlin; comes with instructions and shit"