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Wall Street Oasis » Forums » The Other Road
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The other road: Time/Location Freedom
 

AndyLouis's picture
AndyLouis
     
 
 
(Almost Human, 6,142
 
Points)
 on 3/5/12 at 7:03pm
Ipanema Beach, Rio

5/8/12 update: I'm going to open this up as an alternative q&a thread on travel tips / being an expat / remote-work / lifestyle design / etc. Feel free to ask away, i'll do my best to answer q's as quickly as I can.

My experience: Have lived in China (8 months), and now reside in Buenos Aires (15 months). I've traveled through central and south america, china, thailand, turkey/greece, and france/italy/spain, and studied up/heard stories on numerous other places. I work remotely from Buenos Aires as the COO for wallstreetoasis.com

------
I've been asked a lot about this lately so I finally got motivated to put my story into words

First i was motivated by this post earlier today:

TheKing wrote: I'm probably in the minority, but I've always thought the idea of working abroad was overrated. People tend to romanticize things when they are done "abroad." After a few months, it would lose it's luster.

I responded with:

Living abroad isn't for everyone. for me its been a dream of mine to have location/time freedom, and luckily have been able to do this by always having remote work positions (as I currently do). I love traveling/being an expat, have been living in Buenos Aires for 13 months, and wouldn't change it for a second. Hope to keep moving around the world for the next 5-7 years, from here->colombia->europe->asia, & then who knows :)

Which inspired a user to ask this:

Just out of curiosity, what do you do that lets you travel around? I feel chained to my current location and schedule, and I don't like it. Short term, whatever, no big deal, but for the long term I'm looking around at options (including accountant, it's that bad) where I'll have some kind of flexibility. what say you?

Then here was my overly in-depth answer:

Hey, after realizing i could never work in a cubicle/corporate atmosphere the rest of my life after interning at an ad agency (every day I felt like i was slowly dying) I moved to china and taught english after college for ~8 months. This opened my eyes to the idea of living abraod/being an expat/world travel and how much I enjoyed it.

I moved back to the states after a 6 week trip to Europe but promised myself that as soon as possible I would live overseas again soon. So I got back and worked for some online stores doing internet marketing and ecommerce to save up money and get ideas. Flexible schedule, but I still needed to meet in person with the clients several times per week. I traveled some (middle east, argentina, and central america) to satisfy my hunger (3-5 weeks per year) but it still wasn't enough.

Several years went by and I knew i wanted to travel the world a lot more (when you know, you know, its all i could think about when I was working in Seattle) but didn't want to teach english again so I decided to find a career I could do from anywhere. Because of my background and current experience I decided to enhance my skills in internet marketing via certification courses (http://www.tech.ubc.ca/webanalytics) & (http://www.usanfranonline.com/online-certificates/...) and interned at a startup (imagekind.com).

I left the states in oct of 2010 for Buenos Aires w/ 6k in savings and ~$700 per month of income from a very part-time ecommerce job i still had that agreed to let me do it abroad. I knew I would do whatever it would take to be able to work online and live wherever even if it spent living in Bolivia on $5/day for 6months looking for something/networking/studying more about internet marketing.

For approx 9 months after I left the states I traveled / worked the part-time job / studied / applied to online jobs while living down here in Buenos Aires. Then last July I met Patrick through a mutual friend and he mentioned he was looking for someone to help with seo/link-building/marketing.

I'd met several website owners like this before but nothing had yet to pan out. He friended me on facebook the next day and we met at his home office the following monday and went over the initial project. Now it's grown to be a full-time position doing marketing / biz-dev / managing campus reps / license deals with Universities / etc and i've been having a great time doing it.

Lifestyle-wise - wouldnt trade it for anything. I currently work from my home-office in an apt in a fun area of Buenos Aires (Palermo soho), and as long as the work gets done all is well. It's the middle of summer, having a great time, good group of local and expat friends to spend time with, last weekend went to a carnaval event, couple weeks ago went to watch a polo match (didnt even know they still played polo in the world?), in a couple weekends doing a beach roadtrip, play on an american baseball team here, and currently planning a trip to to Bolivia/Peru/Ecuador/Amazon jungle in July.

So specifically for you (or whoever has dreams of working remotely and having time/location freedom), I would recommend finding a specialization in something, marketing yourself (via your own site/linked-in/personal network), slowly building a client base that gives you referrals. A huge thing you can offer to clients is that you can charge a bit less in exchange for the increased freedom (ie happiness), which you are able to do because your cost of living will likely be lower, your productivity will likely be higher (because youre livign your dream right?), and the roi for the client is higher because you're an independent contractor so a. they don't need to pay your overhead, ie vacation / health insurance desk space etc
All in all, the most important thing is setting a date and buying that one-way plane ticket, it will give you the biggest motivation rush of your life (what to do / where to go / how to prepare / etc)

Resources: I think the blog/podcast http://www.lifestylebusinesspodcast.com/ was really helpful/motivating in getting me to do this. Same with 4hww, http://internetbusinessmastery.com/ and http://locationindependent.com/

Based on all the stories i've heard from other travelers, here's my list of places I want to live* for 3-6mo each during these 5-7 years: (*with lots of travel in between these spots). I won't make it to all - but if I can at least make it to half i'll be more than satisfied.

Buenos Aires (currently)
Southern Brazil (Lagoa, Florianopolis)
Medellin, Colombia w/ monthly trips to Colombia's beaches (ie Tayrona)
Boat from Colombia to Panama (with a stop in the San Blas islands on the way)
Bay Islands, Honduras
Costa Rica
Spain on the Mediterranean
Berlin, Germany
Yacht w/ wifi cruising the Aegean Sea (Turkey/Greece)
Croatia/Eastern Europe
Sinai, Egypt
Tel Aviv, Israel
Beirut, Lebanon
Goa, India
Bali, Indonesia
Koa Samui, Thailand
Byron Bay, Australia
China again: Shanghai, Chengdu, Urumqi, & Guilin
Trans-Siberian railway (if it has wifi?) from Beijing to Europe
Montreal
Vancouver
+ always keeping my ears open for more

WSO's COO (Chief Operating Orangutan) | My story | Connect with me on Linkedin.

2013 WSO Conference

  • lifestyle design
  • lifestyle entrepreneur
  • remote work
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  • The Other Road
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UFOinsider's picture

Awesome

UFOinsider
      O
 
(Human, 10,478
 
Points)
 on 3/5/12 at 11:40am

Awesome

I notice that the older I am the more I sound like Illini Programer

- accountingbyday

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ken_wso's picture

Sweet post! "Yacht w/ wifi

ken_wso
     
 
(Senior Chimp, 26
 
Points)
 on 3/5/12 at 1:07pm

Sweet post!

"Yacht w/ wifi cruising the Aegean Sea (Turkey/Greece)" - This sounds especially amazing

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FeelingMean's picture

Great post! "All in all, the

FeelingMean
      VC
 
(Gorilla, 680
 
Points)
 on 3/5/12 at 1:26pm

Great post!

"All in all, the most important thing is setting a date and buying that one-way plane ticket, it will give you the biggest motivation rush of your life (what to do / where to go / how to prepare / etc)"

Could not agree more.

"That dude is so haole, he don't even have any breath left."

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TheKing's picture

What's funny is that I'd

TheKing
      O
 
 
(Senior Neanderthal, 5,169
 
Points)
 on 3/5/12 at 3:05pm

What's funny is that I'd definitely like the freedom to work wherever I want to, but I'd pick someplace mundane so I could be near my friends and family. So, I'd probably choose some small apartment in NYC over a yacht off the coast of Italy. Maybe I'm just nuts.

Check out my WSO Blog

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In reply to TheKing
UFOinsider's picture

TheKing wrote: What's funny

UFOinsider
      O
 
(Human, 10,478
 
Points)
 on 3/5/12 at 3:08pm
TheKing:

What's funny is that I'd definitely like the freedom to work wherever I want to, but I'd pick someplace mundane so I could be near my friends and family. So, I'd probably choose some small apartment in NYC over a yacht off the coast of Italy. Maybe I'm just nuts.

Same here, I have no desire to become asocial but at the same time, I do feel like a damn caged animal. Seriously, I was talking to an accontant on the train who works remomotely four days a week and his life is cool as hell. And he somehow makes six figures.

Sign me up. Fuck this. Seriously

I notice that the older I am the more I sound like Illini Programer

- accountingbyday

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lbreitst's picture

Do you generally travel / get

lbreitst
      PT
 
 
(Senior Baboon, 245
 
Points)
 on 3/5/12 at 6:57pm

Do you generally travel / get by on your own? If not, what ways have you find useful in making new friends or travel partners?

I moved for work to a non-city location where I know nobody and even though it's in America, I've still had problems meeting people here lol.

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wolverine19x89's picture

Andy's gonna be this guy by

wolverine19x89
      O
 
(King Kong, 1,849
 
Points)
 on 3/5/12 at 7:33pm

Andy's gonna be this guy by the time he's 40 ha

If your dreams don't scare you, then they are not big enough.

"There are two types of people in this world: People who say they pee in the shower, and dirty fucking liars."-Louis C.K.

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In reply to scottj19x89
AndyLouis's picture

scottj19x89 wrote: Andy's

AndyLouis
     
 
 
(Almost Human, 6,142
 
Points)
 on 3/5/12 at 7:58pm
scottj19x89:

Andy's gonna be this guy by the time he's 40 ha

hahahaha, really the goal is to look like him when i'm 75+ but be more interesting than him by 35

I'm a lover not a fighter, but i'm also a fighter, so don't get any ideas...

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2013 WSO Conference

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In reply to lbreitst
AndyLouis's picture

lbreitst wrote: Do you

AndyLouis
     
 
 
(Almost Human, 6,142
 
Points)
 on 3/5/12 at 8:06pm
lbreitst:

Do you generally travel / get by on your own? If not, what ways have you find useful in making new friends or travel partners?

I moved for work to a non-city location where I know nobody and even though it's in America, I've still had problems meeting people here lol.

For trips i've done both travel alone and with friends/family - but I moved here alone. Being here in Buenos Aires for a year now it seems to have been really easy to meet new people), the expat community is really welcoming and everyone has a story to share (really i've felt this in every place I've lived overseas. Personally a lot of the people i've become friends with i've met through sports, networking events, expat meetups, and friends of friends.

In America I could definitely see it more difficult to meet new people in a new city - particularly in some places. My friend who moved to Seattle for a few years has a thing she calls the "seattle freeze" in which it was impossible to make friends with the locals as they completely put up a wall against outsiders.

I would recommend reaching out to whatever networking events you can for things youre interested in, career/hobby/sports whatever. After that it just depends on your personality, making time for it, and not being shy.

WSO's COO (Chief Operating Orangutan) | My story | Connect with me on Linkedin.

2013 WSO Conference

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LancelotLink's picture

Awesome post and couldn't

LancelotLink
      AM
 
(Senior Monkey, 87
 
Points)
 on 3/5/12 at 9:43pm

Awesome post and couldn't agree more...nothing is more exciting. That aside, I saw Florianopolis was on your list...awesome if you surf, or want to. One thing I didn't like was that I had to drive everywhere...it was like living in the suburbs of NJ. Only, there were gorgeous women and great beaches all around. Personally, I prefer Rio because you can pretty much walk everywhere, women are still gorgeous, and local food and drink is pretty cheap. It just depends on your tolerance for heat, since the summer is HOT! I'd definitely love to see the south of Spain though...maybe bschool in Barcelona

yellow t-shirt

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rc23's picture

If you choose montreal, you

rc23
     
 
(Monkey, 40
 
Points)
 on 3/6/12 at 1:01am

If you choose montreal, you certainly won't regret it. Believe me on this, Easily one of the best cities in the world!

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JYFresh's picture

When you get around to

JYFresh
      O
 
(Baboon, 163
 
Points)
 on 3/6/12 at 1:07am

When you get around to Chengdu, be sure to make a trip to Lijiang. I went there this summer and loved it.

When she fucks with The Weeknd, I call her up on weekdays

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In reply to LancelotLink
AndyLouis's picture

LancelotLink wrote: Awesome

AndyLouis
     
 
 
(Almost Human, 6,142
 
Points)
 on 3/6/12 at 4:56am
LancelotLink:

Awesome post and couldn't agree more...nothing is more exciting. That aside, I saw Florianopolis was on your list...awesome if you surf, or want to. One thing I didn't like was that I had to drive everywhere...it was like living in the suburbs of NJ. Only, there were gorgeous women and great beaches all around. Personally, I prefer Rio because you can pretty much walk everywhere, women are still gorgeous, and local food and drink is pretty cheap. It just depends on your tolerance for heat, since the summer is HOT! I'd definitely love to see the south of Spain though...maybe bschool in Barcelona

Went there this time last year, I agree it's a pain getting around but worth it (especially jurere beach in the north - this time I might buy a motorbike while I'm there. I'd mostly go for the other reasons you mentioned, and yeah the great surfing too. Rio is awesome too nd may split my 3 months (all I get w/ tourist visa) between the too, but definitely feel safer in Santa Catarina/Lagoa than in Rio. If you haven't been to souther spain its definitely worth a visit, esp. barcelona

WSO's COO (Chief Operating Orangutan) | My story | Connect with me on Linkedin.

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Maximus Decimus Meridius's picture

Valencia is not Southern

Maximus Decimus...
      ST
 
 
(Gorilla, 672
 
Points)
 on 3/6/12 at 6:43am

Valencia is not Southern Spain lol. I'd live in Madrid or Barcelona, but if you want the South try Seville, although that's on the atlantic side. If you want south and mediterranean, stick to Malaga.

I would love to have a job where I can live in a different place every 6 months, but the job I love doesn't allow me to do that. I guess it's a compromise for many people, so I just try to travel to a different continent twice a year, so I've been around a lot, although not living.
Also, I've done the living abroad thing, and after 6-8 months you develop your new network and routines and you feel just as home as in your city, so I'm not a big fan of moving for 2 years (say analyst job) unless you really like the city, but not just for the sake of living abroad.

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utexas2010's picture

Sorry in advance for the

utexas2010
     
 
(Senior Chimp, 27
 
Points)
 on 3/6/12 at 10:41am

Sorry in advance for the verbose reply but Andy your post really hit home. I have a great stable government job (out of college), an amazing New York apartment, a loving girlfriend here, and from what I am told ridiculous MBA opportunities. With all of that being said, I am pretty unhappy and unfulfilled day to day. After I graudated college in 2010, I embarked on my first international traveling spree going to 8 European countries and Argentina within a 5 week span. Following that, I moved from TX to NYC which was really exciting for the first year or so. After 18 months of full-time work, I have come to the conclusion that I would rather have a freelance job that pays 1K net a month that would allow me to travel then a job that pays 100K in NYC but gives the standard American "2 week vacation".

Besides feeling like I am being robbed every month by Uncle Sam, the lack of mobility is killing me slowly everyday. All of this with arguably the most felxible 40 hour a week job available in the United States!!!! It can only get worse if I switch jobs or industries (more hours, less vacation, etc.). Last fiscal year i took 7 vacations ranging from 3 days to 10 days (Miami, Texas, Montreal, Puerto Rico, etc.) and it still wasn't enough to satisfy my travel bug and desire to interact and learn new cultures. Am I crazy?

I guess the point of this post is to seek a little motivation :) I applied to a 2-years Masters program in France that would be extremely cheap and would give me the option to travel frequently. While I wait on that, I want to ask how you dealt with family/friends/naysayers that questioned your decision to live that lifestyle and do you think that lifestyle is sustainable in the long-run? Any tips? Is the online marketing/seo/blog world doable for someone with no experience?

Thanks man, post definitely hit home and as a soon to be Argentine dual citizen though bloodline, gracias y un abrazo che!

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In reply to utexas2010
The.RealDeal's picture

utexas2010 wrote: Sorry in

The.RealDeal
      O
 
(Orangutan, 282
 
Points)
 on 3/6/12 at 5:15pm
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" A recession is when other people lose their job, a depression is when you lose your job. "

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unslain's picture

Sounds like you're living the

unslain
     
 
(Senior Baboon, 177
 
Points)
 on 3/9/12 at 6:57pm

"For what shall it profit a man, if he shall gain the whole world, and lose his own soul?"

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kmzz's picture

ever get traveler's diarrhea?

kmzz
      O
 
(Senior Gorilla, 765
 
Points)
 on 5/8/12 at 12:14pm
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GoodBread's picture

AndyLouis: Southern Spain on

GoodBread
      AM
 
 
(Neanderthal, 3,639
 
Points)
 on 5/8/12 at 12:31pm

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AndyLouis's picture

kmzz: ever get traveler's

AndyLouis
     
 
 
(Almost Human, 6,142
 
Points)
 on 5/8/12 at 1:45pm

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Disincentivy's picture

Andy, please go to Palawan,

Disincentivy
      VC
 
 
(Gorilla, 712
 
Points)
 on 5/8/12 at 2:15pm

I may not be on the Jedi Council, but I sure am great with the Force.

See my WSO blog posts

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In reply to Disincentivy
GoodBread's picture

Disincentivy: Cote

GoodBread
      AM
 
 
(Neanderthal, 3,639
 
Points)
 on 5/8/12 at 3:13pm

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happypantsmcgee's picture

Dude, I have to go to the

happypantsmcgee
      O
 
 
(Almost Human, 9,627
 
Points)
 on 5/8/12 at 6:40pm

If I had asked people what they wanted, they would have said faster horses - Henry Ford

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In reply to happypantsmcgee
Disincentivy's picture

happypantsmcgee: Dude, I have

Disincentivy
      VC
 
 
(Gorilla, 712
 
Points)
 on 5/8/12 at 7:49pm

I may not be on the Jedi Council, but I sure am great with the Force.

See my WSO blog posts

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In reply to Disincentivy
AndyLouis's picture

Disincentivy: Andy, please go

AndyLouis
     
 
 
(Almost Human, 6,142
 
Points)
 on 9/2/12 at 7:54pm

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Disincentivy's picture

AndyLouis: Disincentivy: An

Disincentivy
      VC
 
 
(Gorilla, 712
 
Points)
 on 9/3/12 at 1:19pm

I may not be on the Jedi Council, but I sure am great with the Force.

See my WSO blog posts

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GoodBread's picture

Corsica is very insular. I'm

GoodBread
      AM
 
 
(Neanderthal, 3,639
 
Points)
 on 9/3/12 at 4:59pm

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In reply to TheKing
NorthSider's picture

TheKing: What's funny is that

NorthSider
      IB
 
 
(King Kong, 1,915
 
Points)
 on 3/18/13 at 11:38am
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Web Site Security Rules. Users are prohibited from violating or attempting to violate the security of the Web Site, including, without limitation, (a) accessing data not intended for such user or logging into a server or account which the user is not authorized to access, (b) attempting to probe, scan or test the vulnerability of a system or network or to breach security or authentication measures without proper authorization, (c) attempting to interfere with service to any user, host or network, including, without limitation, via means of submitting a virus to the Web Site, overloading, "flooding", "spamming", "mailbombing" or "crashing", (d) sending unsolicited e-mail, including promotions and/or advertising of products or services, or (e) forging any TCP/IP packet header or any part of the header information in any e-mail. Violations of system or network security may result in civil or criminal liability. The Company will investigate occurrences which may involve such violations and may involve, and cooperate with, law enforcement authorities in prosecuting users who are involved in such violations.

Specific Prohibited Uses.

The Company specifically prohibits any use of the Web Site, and all users agree not to use the Web Site, for any of the following:

  • Posting any incomplete, false or inaccurate biographical information or information which is not your own accurate resume
  • Using any device, software or routine to interfere or attempt to interfere with the proper working of this Web Site or any activity being conducted on this site.
  • Taking any action which imposes an unreasonable or disproportionately large load on this Web Site?s infrastructure.
  • If you have a password allowing access to a non-public area of this Web Site, disclosing to or sharing your password with any third parties or using your password for any unauthorized purpose.
  • Notwithstanding anything to the contrary contained herein, using or attempting to use any engine, software, tool, agent or other device or mechanism (including without limitation browsers, spiders, robots, avatars or intelligent agents) to navigate or search this Web Site other than the search engine and search agents available from the Company on this Web Site and other than generally available third party web browsers (e.g., Netscape Navigator, Microsoft Explorer).
  • Attempting to decipher, decompile, disassemble or reverse engineer any of the software comprising or in any way making up a part of the Web Site.
  • Aggregating, copying or duplicating in any manner any of the materials or information available from the Web Site.
  • Framing of or linking to any of the materials or information available from the Web Site.

User Information.

When you register for the Web Site, you will be asked to provide the Company with certain information including, without limitation, a valid email address (your "Information"). In addition to the terms and conditions that may be set forth in any privacy policy on this Web Site, you understand and agree that the Company may disclose to third parties, on an anonymous basis, certain aggregate information contained in your registration application. The Company reserves the right to offer third party services and products to you based on the preferences that you identify in your registration and at any time thereafter; such offers may be made by the Company or by third parties. Please see the Company's Privacy Policy below for further details regarding your Information.

Registration and Password.

You are responsible for maintaining the confidentiality of your information and password. You shall be responsible for all uses of your registration, whether or not authorized by you. You agree to immediately notify the Company of any unauthorized use of your registration or password.

The Company's Liability.

As a condition to your use of this site, you release the Company (and our agents and employees) from claims, demands and damages (actual and consequential, direct and indirect) of every kind and nature, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way connected with such disputes. If you are a California resident, you waive California Civil Code d1542, which says: "A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor."

We are under no legal obligation to, and generally do not, control the information provided by other users which is made available through the Web Site. By its very nature, other people?s information may be offensive, harmful or inaccurate, and in some cases will be mislabeled or deceptively labeled. We expect that you will use caution and common sense when using this Web Site.

The Material may contain inaccuracies or typographical errors. The Company makes no representations about the accuracy, reliability, completeness, or timeliness of the Web Site or the Material. The use of the Web Site and the Material is at your own risk. Changes are periodically made to the Web Site and may be made at any time.

You acknowledge and agree that you are solely responsible for the content and accuracy of any resume or material contained therein placed by you on the Web Site and you agree to let any users that are identified as recruiters (designated in the sole discretion of the Company) to have access to your resume.

The Company is not to be considered to be an employer with respect to your use of the Web Site and the Company shall not be responsible for any employment decisions, for whatever reason made, made by any entity posting jobs on the Web Site.

THE COMPANY DOES NOT WARRANT THAT THE WEB SITE WILL OPERATE ERROR-FREE OR THAT THE WEB SITE AND ITS SERVER ARE FREE OF COMPUTER VIRUSES OR OTHER HARMFUL MECHANISMS. IF YOUR USE OF THE WEB SITE OR THE MATERIAL RESULTS IN THE NEED FOR SERVICING OR REPLACING EQUIPMENT OR DATA, THE COMPANY IS NOT RESPONSIBLE FOR THOSE COSTS.

THE WEB SITE AND MATERIAL ARE PROVIDED ON AN "AS IS" BASIS WITHOUT ANY WARRANTIES OF ANY KIND. THE COMPANY, TO THE FULLEST EXTENT PERMITTED BY LAW, DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING THE WARRANTY OF MERCHANTABILITY, FITNESS FOR PARTICULAR PURPOSE AND NON-INFRINGEMENT. THE COMPANY MAKES NO WARRANTIES ABOUT THE ACCURACY, RELIABILITY, COMPLETENESS, OR TIMELINESS OF THE MATERIAL, SERVICES, SOFTWARE, TEXT, GRAPHICS, AND LINKS.

Disclaimer of Consequential Damages.

IN NO EVENT SHALL THE COMPANY, ITS SUPPLIERS, OR ANY THIRD PARTIES MENTIONED ON THE WEB SITE BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, INCIDENTAL AND CONSEQUENTIAL DAMAGES, LOST PROFITS, OR DAMAGES RESULTING FROM LOST DATA OR BUSINESS INTERRUPTION) RESULTING FROM THE USE OR INABILITY TO USE THE WEB SITE AND THE MATERIAL, WHETHER BASED ON WARRANTY, CONTRACT, TORT, OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT THE COMPANY IS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

Links to Other Sites.

The Web Site may contain links to third party web sites. These links are provided solely as a convenience to you and not as an endorsement by the Company of the contents on such third-party Web sites. The Company is not responsible for the content of linked third-party sites and does not make any representations regarding the content or accuracy of materials on such third party Web sites. If you decide to access linked third party Web sites, you do so at your own risk.

No Resale or Unauthorized Commercial Use.

You agree not to resell or assign your rights or obligations under these Term of Use. You also agree not to make any unauthorized commercial use of the Web Site.

Limitation of Liability.

The aggregate liability for the Company to you for all claims arising from the use of the Materials is limited to $1.

Termination.

The Company reserves the right, at its sole discretion, to pursue all of its legal remedies, including but not limited to immediate termination of your registration with or ability to access the Web Site and/or any other service provided to you by the Company, upon any breach by you of these Terms and Conditions or if the Company is unable to verify or authenticate any information you submit to the Web Site registration with or ability to access the Web Site.

Indemnity.

You agree to defend, indemnify, and hold harmless the Company, its officers, directors, employees and agents, from and against any claims, actions or demands, including without limitation reasonable legal and accounting fees, alleging or resulting from your use of the Material or your breach of the terms of these Terms and Conditions. The Company shall provide notice to you promptly of any such claim, suit, or proceeding and shall assist you, at your expense, in defending any such claim, suit or proceeding.

General.

The Company makes no claims that the Materials may be lawfully viewed or downloaded outside of the United States. Access to the Materials may not be legal by certain persons or in certain countries. If you access the Web Site from outside of the United States, you do so at your own risk and are responsible for compliance with the laws of your jurisdiction. These Terms and conditions are governed by the internal substantive laws of the State of New York, without respect to its conflict of laws principles. Jurisdiction for any claims arising under this agreement shall lie exclusively with the state or federal courts within New York, New York. If any provision of these Terms and Conditions are found to be invalid by any court having competent jurisdiction, the invalidity of such provision shall not affect the validity of the remaining provisions of these Terms and Conditions, which shall remain in full force and effect. No waiver of any term of these Terms and Conditions shall be deemed a further or continuing waiver of such term or any other term. Except as expressly provided in additional terms of use for areas of the Web Site a particular "Legal Notice," or Software License or Material on particular Web pages, these Terms and Conditions constitute the entire agreement between you and the Company with respect to the use of Web Site. No changes to these Terms and Conditions shall be made except by a revised posting on this page.

PRIVACY POLICY

The Company recognizes that you are concerned about privacy. We are committed to preserving your privacy and safeguarding your sensitive information. The following statement describes the general information-gathering and usage practices of our sites.

Our staff, contractors, Internet service providers and others involved in this site follow this policy or similarly strict policies regarding your Information.

Disclosure

The Company is committed to fully disclosing our policies regarding the collection, use, maintenance, disclosure and security of personal information obtained from users of our site. The term "personal information" includes a name, address, email address, or any other information which could be used to contact you directly or to identify you personally.

Use and Disclosure Limitations

The Company only uses personal information about its Web site users for specific purposes. We do not share user information with third parties except when we have told users about the disclosures, when we have prior consent, or when required by law.

Use Policy: When the Company gathers personal information from users, we ask for permission first. We also disclose, at the time of collection, how the information will be used by us. Personal information is used for activities such as auto-completion of commonly-used forms and helping us contact you when you solicit information from us.

Disclosure Policy: We do not normally disclose personal information to anyone outside of the Company unless we have previously informed users about the disclosures. However, some data may be used from time to time by outside contractors, including auditors or consultants, to assist us in carrying out necessary financial or operational activities. These uses will be consistent with this privacy policy and all contractors using this potential personal information must agree to safeguard it, to use it only for the authorized purpose, and to return it or destroy it upon completion of the activity.

The Company might be required to disclose personal information in response to a valid legal process such as a subpoena, search warrant or court order.

Although unlikely, it is possible that we may have to make certain disclosures to ensure the security of our Web site, to protect its integrity, or to take precautions against potential liability. In any of these situations, we will take any reasonable steps to limit the scope of the data disclosed.

Web Logs: The Company maintains standard Web logs that record basic information about visitors to our Web site. These logs contain: * The Internet domain from which you came to our Web site. * Your IP address. An IP address is a series of numbers which uniquely identifies your connection to the Internet. Although it is possible in some instances, certain types of IP addresses may be used by interested persons to identify users but we do not attempt to identify users in this way. * The type of browser (e.g., Internet Explorer or Netscape) and operating system (e.g., Windows 98) you use. * The date and time you visited the site, and the pages you saw.

We use Web log information to design our Web site, identify popular features, and in similar ways. We do not try to identify individuals from Web logs or to link Web logs to other user information. However, if someone tries to damage our Web site or use it in an unauthorized or illegal way, we may share Web log information with law enforcement agencies. The Company may provide aggregate information such as the number of users who visit particular pages of the site, or the number of people who link to certain external sites from our site, to other parties.

Changes to Privacy Policy

The Company's features and services will change over time and our information-gathering practices and policies may also change.

While our philosophy of protecting user information from inappropriate uses and disclosures will not change, this policy will be updated occasionally to include any change that materially affects the collection, maintenance, use, or disclosure of personal information.

Forum Topics

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  • I've been searching for jobs for several months and i'm starting to get frustrated so I was hoping for inputs. I know I made similar posts several months back but I was hoping for some fresh input. I worked for 3 years auditor in Big 4 London from 2007~2010, where I gained my Chartered...
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  • Definitely inspiring and always interesting to hear Lloyd's speeches. Thought some monkeys might want to give it a listen. Please post any other commencement speeches that were motivational and inspiring to some of you. <iframe width="560" height="315"...
    Lloyd Blankfein's Commencement at LaGuardia Community College
  • I'm a rising sophomore at a non-target liberal arts college. I am currently interning at a marketing company in one of asian countries that I am from and I have been actively looking for something else I can do this summer. I was accepted to the program so called Fullbridge which is a...
    Opinion on business bridge program?
  • I joined a top consulting firm after graduating last year. Now its been a year and I do not like consulting very much. I have been doing completely unrelated projects, and going forward I would like to have a little bit more focus. Plus I want to learn more about finance. Is it possible for me...
    Is it still possible to start over? from MBB to finance
  • Hey All, I just wanted to see if anyone could give me some ideas about exit opps from top Natural Resources Groups? In this case think BB. I am curious if exit Opps are primarily in industry specific funds or if you still see recruitment for general buyout practices at Megafunds? Thanks....
    Natural Resources Group Exit Opps
  • Hey guys, Anybody know if York Capital runs a macro fund? I saw it somewhere that a guy named Marc Helwani runs a $1.5b macro fund but I couldnt find any other source to verify that. One thing I do know is that out of their $15b AUM, about $6.5 is dedicated to traditional long/short. Lol......
    York Capital - Macro?
  • Last year Dalian Wanda Group bought theater chain AMC Entertainment for $2.6 Bn, and now it is snagging up Sunseeker International. [quote] Dalian Wanda said it would pay £320 million for a 91.8 percent stake in Sunseeker, based in Dorset, England, with the remaining stake to be acquired by...
    The Chinese are upping up their shopping spree
  • I'm graduating soon and am looking for opportunities in either IB or consulting. Am indifferent between them. How should I customize my resume towards IB? Also you guys with consulting background, how do you customize to a consulting (MBB) one as well. But most importantly, I need it down to 1...
    Resume review for IB
  • Is anyone familiar with this firm? Started by 3 experienced guys in the media industry. Looks like they've done a couple notable deals in the past 2-3 years. How big is the firm (esp. analyst & associate level)? How is the dealflow? Do they only have an office in SF? Thanks in...
    CODE Advisors
  • Hi everyone! Some of you may remember me, I stopped posting on this forum about a year ago because I got tired of the site for a number of reasons and it wasn't worth it for me anymore. However I'm a big believer of giving back, and I did learn a lot from this site and from a few of the...
    Q&A: 1st year BB London Rates Trader Taking Your Questions
  • This question is regarding background checks and references. I worked at a boutique IB and want to use my old boss as a reference. However, my old boss no longer works at the boutique IB anymore. Is it still acceptable to use him as a reference, or will employers want a reference who still...
    Reference no longer works at firm
  • I'm a student currently deciding between attending either Tulane or Uconn as an incoming junior and wanted to get a picture of which would be better from a recruiting standpoint. Tulane will cost $14K more total over the next two years, or 7K more per year, but in either regard I will still...
    Tulane vs. Uconn
  • 1:41pm: Buy 200 shares WFC @ $41.10 on 99% margin. Currently down $87.98 + $0.90 interest. I normally stay away from margin. I was having a good day and got cocky. Today wiped out a week's worth of profits for me. Note: I swing trade with some day trades thrown in. What would you...
    I Made a Stupid Bernanke-Inspired Trade: Exit?
  • Hello everybody, I just finished up my sophomore year at a semi target and now am trying to choose an internship which will best position me for IB recruiting next year. I'm trying to decide between two internships - one is a credit analyst position at a commercial bank where I would...
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<em>Mod note: make sure to see the great comment below by CompBanker</em> I come from a small town where nobody had ever heard of consulting or IB. I was fortunate enough to attend a top target college (a good Ivy) and land a gig in IB at a BB/EB. I'm starting full time this...
Finance Culture - Personalities
<strong>Background</strong> I randomly discovered WSO nearly seven years ago just weeks after I secured a FT MM IB position. The website was extremely nascent at the time with only a few thousand registered users. The majority of the users were college students with only a handful...
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<em>Mod note: <strong><a href="http://www.wallstreetoasis.com/faq/what-are-the-best-qa-threads-and-interviews-with-top-finance-professionals-on-wso ">Click here</a></strong> to see all of our q&a's and interviews</em><P> I figured I...
Open for Questions - Equities in Dallas
<em>Mod Note: This is a syndication from Jared's Daily Dirtnap daily market newsletter. WSO readers qualify for a $100 discount...just email [email protected] and mention "WSO Monkey Discount" You can follow Jared on twitter at @dailydirtnap</em> This one has...
THE LAST MILE
Hi everyone! Some of you may remember me, I stopped posting on this forum about a year ago because I got tired of the site for a number of reasons and it wasn't worth it for me anymore. However I'm a big believer of giving back, and I did learn a lot from this site and from a few of...
Q&A: 1st year BB London Rates Trader Taking Your Questions
After over one year in the making, the <strong><a href="http://www.wallstreetoasis.com/2013-wso-compensation-report-full">2013 WSO Compensation Report</a></strong> is here! Access to the FULL 108 page 2013 WSO Compensation Report is <strong>100%...
2013 WSO Compensation Report has Arrived
When I first started as a PE analyst, I constantly struggled with judging the amount of time I should spend on reviewing sourced deals. How much time is enough to really get a handle on the company’s revenue streams? How granular do I need my analysis to be on industry threats? With this...
Misguided Efforts: A Cautionary Tale
Fellow Primates, We are looking for 1-2 students on each campus to help WSO in its sales efforts to student clubs/career centers, and overall promotion at your school both online and on the ground. Below is a description of the position and benefits...thanks in advance for your help! <a...
WSO is Looking for Campus Reps For Summer/Fall 2013 (and beyond)
Many of the questions that have come in surround recruiting for front office Wall Street careers from a non-target so we’ll start with some ideas for recruiting, move on to interviewing, preparing for the job and finally long-term career management advice. Before we begin, it has been...
Stand Out as a Non-Target: Recruiting (Part 1 of 4)
Any Asset Management people here who could give me some insights on it, such as the nature of the work, the pay, the hours, the potential for career advancement, ect? I was looking into IB before but I've decided that I would rather pursue a career that's more intellectually...
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