Wow, you must be a lot of fun to be around, Pepstar. What a douche. I guess your self-esteem has to be wrapped up around something.

what a douche ! I guess money can't buy class & manners ;-)
To an earlier point, go get a hooker, tell her how much you made last year... and make sure you flex ur muscles as well so that she can tell you, you're the perfect stud !! HA

Pepstar you obviously need to start consuming more conspicuously.

GUYS STFU AND STOP GIVING PEPSTAR A HARD TIME!

For Crist's sake he's right! The man earns 400k a year for fuck's sake, Warren Buffett better watch out, because He's a GOD!!! EVERYONE WHO EVEN LOOKS AT HIM BETTER KNEEL DOWN AND SUCK HIS COCK IMMEDIATELY! All of you insignificant plebians on this board have no right to disrespect him, he's a goddamn Associate, so he clearly controls Wall Street! Now go and sacrifice kittens to repent for your sins!

You have no idea how hard life is for people who earn over 400k a year, How dare you pass judgement on this man?

Damnit, LEAVE BRITNEY ALONE!

Pepstar, your response about "some poor dad" was pathetic. It shows you have no idea whatsoever about what it is like to NOT be uber rich (read: you're not cultured/empathetic). Studies show that money doesn't = happiness. You have no idea what you are talking about. Also, kids care much more about time than money. Time is the most precious commodity we have, not money. If you have kids one day, I guarantee they would rather have their father spend more time with them than more money on them. If not that's not the case, then they aren't kids worth keeping.

Also, the fact that you won't listen to the respondents who say you're a douche proves you're a douche. You need to ask yourself some really hard questions: "Am I an asshole?" "Why do people call me a douche?" "Is there any basis for such name-calling?" "How can I change to not be such a douche?"

Pepstar, congrats on doing so well. People outside of banking will never really understand what it is. Do you really want your old classmates to respect you more because you're making a ton of money? No one likes a show-off, just dress well and play it cool. You got a 10x leveraged mortgage? "Yeah, it's a great investment. Bank takes all the risk, and I get the upside. I help financial sponsors do this for a living, so why not do it for myself?".

Titles are what they are titles. In banking, being an analyst sucks. In research, you want the title analyst. The title associate is pretty vague in general. VP does sound like a great title, and I do hope you make it there soon.

So what if your classmates don't think you're doing that great. As long as the cute girl/guy you liked knows how well you're doing and realized they missed out, that's all that is really important.

Damn.. you done well.. whats the bigget bonus you've heard/come across then within IBD?

As for your comment, isn't it better that people outside IB and generally, dnt know how much you earn, that way any friends that you make, you'll know that there "friends" with you because of your personality and not just your money! Same goes with potential gf's or wife.. dnt want her marrying you and then divorcing you (but you would probably get a pre-nup)
----------------------------------------------------------------------------------------------
"The future belongs to those who prepare for it today" - Malcolm X

I'm still confused about that 310k in 2nd year. Damn that's high!

On another note, I'm not sure what sort of friends/people you were hanging out at princeton that don't know about this profession. They were there for the job fairs, they have friends in the industry, etc. Were you in any of the reputable eating clubs? All my pton buddies (in the industry vs. doing peace corps/TFA/law/etc.) know exactly what's up. And, the ones who are doing philanthropy and what not probably have a parent in the business. Pton kids (like most of the entitled ivy leaguers) are born of a certain pedigree, and more often than not, will have some sort of connection/contact with this business.

This is why I am a little confused.

... I am one of the people who got the best offer out of our master's program; I had the dumb idea of telling one girl, and now the whole program knows that I will be making a lot of money. Is it worth it? No.
Now a lot of people envy me for it, a lot of people have to prove themselves to me now to show me that they are better. It is the simple stuff like buying me drinks at clubs to show me that they can (not that I am complaining so much about that one ;). Yeah sure, I am happy about my paycheck, but do I want people behind my back saying what a fucker I am for making more than them? All you can bring is envy from your peers, back home in the states no one knows how much I will be doing except for my best mates. All they know is that I am in London doing something with finance. I am still the same and my friends are always respected me for who I am, and the way I treat them. Money will never gain anymore respect from them.

One thing that I find completely disgusting though pepstar is your comment about a poor dad. My family had some financial problems that forced us to move, I did not get a poney when I wanted one; but for nothing in the world would I want a rich dad. My father took care of me, he helped me out, loved me. He taught at an ivy league school way back in the days when he could have been making millions at a corporation, he just chose a different path to enrich his life. He taught me math, english, music, you name it. No amount of money will ever be able to replace what my father has brought to me. So if you think you will have a happy family because you can send your kids away on vacation, think again.

-------------------------------------------------------------------------------
Remember, you will always be a salesman, no matter how fancy your title is.
- My ex girlfriend

I am surprised you have friends.

you're a dickhead.

What eating club were you in, if I may ask?

LOL?

Now imagine if Pepstar got a brain tumor tomorrow...wonder how much can money help you there?

Bingo. I actually hate telling people what I do. My roommates and friends (going into consulting, law, finance, teaching, non-profit etc.) asked me what I would be making when I got the job. At that point, you can't really lie. I would rather no-one knew and I just got to do my job. Money or suspicion of largess complicates relationships and distorts behaviour in the wrong way. Don't want any of that, want my drinking buddies from freshman year to treat me the same way as always.

I hope we have the same rapport with my friends (no talk about money, period) when I am 40 and (hopefully) doing rather well and are they (which I am sure they will be, they're all very talented).

i didn't know that base for 1st year trading associates (120K) are higher than banking (95K). I know that bonuses could be different though. can someone confirm? And pepstar, before you start insulting me, I work in a top tier BB too.

But the real question is, is your penis as big as mine?

I suggest you write a check out to St. Jude's hospital or some other charity. Your friends would really respect you then.

Something tells me the Ptons you're running into are old money and you are not. You don't seem to have the class or manners. Perhaps they aren't impressed because you want to scream about your money and are insecure while they are secure and have funds that you don't know about. Old money whispers wealth- it doesn't shout. Maybe they chose what they chose because they had the luxury of doing so- no debt to weigh them down after they graduate and connections to keep them safe. You were probably one of the few kids to get into Princeton while others at your school "are working in supermarkets". It's admirable that you got in and now work in banking, but it seems to have left you with a sense of entitlement and a desire to lord it over others. The vulgarity of conspicuous spending is for the nouveau riche who feel they have earned the right to show-off.

Also, if you were born with money, you'd rather people like you for you-not for your money. You shouldn't want respect for money. If you do, it means the only special thing about you is money and nothing else. I have friends whose families don't do as well as mine and I don't attempt to lord this over them. It's ridiculous. I don't want them to be friends with me for money, but rather because they like and respect me. I am modest because I know there's always someone out there who has more than me, and I think most Ptons realize that as well, so maybe that's why they don't feel a need to revere you.

You're my hero. Get me an internship doing something- anything.

Stevenbn,

The reason you don't see hedge fund guys and bankers on lists of "best paid professions" is because the people putting together those lists are complete morons. The reason "CEO" is so far down on the list is because it includes people like the lady down the block who is the "CEO" of her dry-cleaning business. These lists are made to include the average of each profession, which is stupid. It's kind of like pointing out that 40%+ of teens end up going to college, but failing to mention that some of those "colleges" are an utter joke.

So you made $404,000 all in as a 2nd year analyst at a good NYC bank? Maybe you don't have any idea how much you're making. This is the biggest bunch of BS I've ever heard. Hopefully, it's a joke and hopefully nobody entertains you're ridiculousness any longer.

nystateofmind,

This whole thing is definitely fake, BUT I don't think his complaint is (or would be, if he were a real person) as reprehensible as everyone here is making it out to be, if for no other reason that this is something we all secretly think about in silence.