Wall Street Oasis - Investment Banking & Finance Community http://www.wallstreetoasis.com/frontpage/admin/administrators.php/%E2%80%9Chttp%3A/www.mysuitny.com/website/%E2%80%9Chttp%3A/www.mysuitny.com/website/www.wallstreetoasis.com/%E2%80%9Dhttp%3A/www.wallstreetoasis.com/blog/lessons-from-a-pe-case-study%E2%80%9D The Wall Street Finance Community where investment bankers, consultants, traders, private equity and hedge fund professionals come to learn and play. en INTRODUCING: The WSO Applicant Database. Take 5 minutes on WSO to Reach Hundreds of Finance Recruiters and Finance Companies http://www.wallstreetoasis.com/forums/introducing-the-wso-applicant-database-take-5-minutes-on-wso-to-reach-hundreds-of-finance <div class="image-attach-teaser image-attach-node-240901" style="width: 150px;"><a href="/forums/introducing-the-wso-applicant-database-take-5-minutes-on-wso-to-reach-hundreds-of-finance"><img src="http://www.wallstreetoasis.com/files/images/Applicant-Profile-Template.thumbnail.jpg" alt="Applicant-Profile-Template.jpg" title="Applicant-Profile-Template.jpg" rel="image_src" class="image image-thumbnail " width="150" height="102" /></a></div> <p>Given that we have built up relationships with hundreds of companies and finance recruiters, we thought instead of just a simple job board (which you can find <a href="http://www.wallstreetoasis.com/finance-jobs">right here</a>), we would also create a WSO Applicant Database.</p> <p>This vision for the database is to allow all WSO users to create a detailed "Applicant Profile" that can be used by recruiters and companies to find great talent. It is similar to an online resume you see on LinkedIn, but with a lot more detail around actual skills relevant to financial positions, scores and certifications so that recruiters can use it to filter through candidates that are a great match for their spots.</p> <p><a href="http://www.wallstreetoasis.com/forums/introducing-the-wso-applicant-database-take-5-minutes-on-wso-to-reach-hundreds-of-finance" target="_blank">read more</a></p> http://www.wallstreetoasis.com/forums/introducing-the-wso-applicant-database-take-5-minutes-on-wso-to-reach-hundreds-of-finance#comments Get a Job WSO Applicant Database http://www.wallstreetoasis.com/crss/node/240902 Tue, 21 Oct 2014 19:00:25 +0000 WallStreetOasis.com 240902 at http://www.wallstreetoasis.com Teaser Tuesday! October 21, 2014 http://www.wallstreetoasis.com/blog/teaser-tuesday-october-21-2014 <div class="image-attach-teaser image-attach-node-255593" style="width: 150px;"><a href="/blog/teaser-tuesday-october-21-2014"><img src="http://www.wallstreetoasis.com/files/images/monkey_thinking_27_16.thumbnail.gif" alt="Pensive monkey..." title="Pensive monkey..." rel="image_src" class="image image-thumbnail " width="150" height="113" /></a></div> <p>Here's a fun one courtesy of Henry Ernest Dudeney, one of England's great puzzle writers. Enjoy!</p> <p><em>Note: If you could all please input your answers using <a href="http://www.wallstreetoasis.com/blog/teaser-tuesday-november-26-2013">the previously noted html code</a> it will allow others to answer without having a spoiler. Copy it verbatim and do not stick any " or ' in your answer and it will work.</em></p> <p><strong>Question</strong></p> <p>In the city of Funkytown, the following facts are true:</p> <ul> <li>No two inhabitants have exactly the same number of hairs.</li> <li>No inhabitant has exactly 483,207 hairs.</li> <li>There are more inhabitants than there are hairs on the head of any one inhabitant.</li> </ul> <p>What is the largest possible number of inhabitants of Funkytown?</p> <p><a href="http://www.wallstreetoasis.com/blog/teaser-tuesday-october-21-2014" target="_blank">read more</a></p> http://www.wallstreetoasis.com/blog/teaser-tuesday-october-21-2014#comments Brain Teaser http://www.wallstreetoasis.com/crss/node/255594 Tue, 21 Oct 2014 14:30:00 +0000 mikesswimn 255594 at http://www.wallstreetoasis.com Webinar: How to be successful at fundraising for your start-up -- 3pm, 10/22/14 http://www.wallstreetoasis.com/event/webinar-how-to-be-successful-at-fundraising-for-your-start-up-3pm-102214 <div class="image-attach-teaser image-attach-node-254039" style="width: 150px;"><a href="/event/webinar-how-to-be-successful-at-fundraising-for-your-start-up-3pm-102214"><img src="http://www.wallstreetoasis.com/files/images/wso mentors_55.thumbnail.jpg" alt="wso mentors.jpg" title="wso mentors.jpg" rel="image_src" class="image image-thumbnail " width="150" height="149" /></a></div> <p>On Wednesday, October 22nd at 3pm, <span class='keyword_link'><a href="http://www.wallstreetoasis.com/wall-street-mentors-finance-mock-interviews">Wall Street Mentors</a></span> will be hosting a webinar focused on <strong>How to be successful at fundraising for your start-up</strong>, with a q&amp;a session to follow.</p> <p>The webinar will be hosted by a WSO mentor Mark Peter Davis, <strong>an industry veteran with experience in Venture Capital and Startups.</strong> You can view his linkedin <a href="https://www.linkedin.com/profile/view?id=1038838&amp;authType=NAME_SEARCH&amp;authToken=pWmQ&amp;locale=en_US&amp;trk=tyah2&amp;trkInfo=tarId%3A1412869831277%2Ctas%3Amark%20peter%20davis%2Cidx%3A1-1-1" rel="nofollow">here</a>. He is currently a managing partner with Interplay Ventures. More information: <a href="http://mpd.me" title="http://mpd.me" rel="nofollow">http://mpd.me</a></p> <p><strong>If you're considering leaving Wall Street (or avoiding it altogether) to raise capital for an idea</strong>, you should definitely join us on Tuesday.<br /> <P></p> <p><a class="green-button" href="https://www.anymeeting.com/502-885-725" rel="nofollow">CLICK HERE</a> to access it Wednesday afternoon, 3pm. </p> <div class="field field-type-date field-field-event-date"> <div class="field-label">When:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> <span class="date-display-single">October 22, 2014 - <span class="date-display-start">3:00pm</span><span class="date-display-separator"> - </span><span class="date-display-end">4:00pm</span></span> </div> </div> </div> <div class="field field-type-text field-field-eventtype"> <div class="field-label">Event type:&nbsp;</div> <div class="field-items"> <div class="field-item odd"> Other Meetup </div> </div> </div> <p><a href="http://www.wallstreetoasis.com/event/webinar-how-to-be-successful-at-fundraising-for-your-start-up-3pm-102214" target="_blank">read more</a></p> http://www.wallstreetoasis.com/event/webinar-how-to-be-successful-at-fundraising-for-your-start-up-3pm-102214#comments http://www.wallstreetoasis.com/crss/node/254040 Tue, 21 Oct 2014 10:00:22 +0000 wsomentors 254040 at http://www.wallstreetoasis.com What happened in the stock/bond markets last week (10/13-10/17)? http://www.wallstreetoasis.com/blog/what-happened-in-the-stockbond-markets-last-week-1013-1017 <div class="image-attach-teaser image-attach-node-255576" style="width: 150px;"><a href="/blog/what-happened-in-the-stockbond-markets-last-week-1013-1017"><img src="http://www.wallstreetoasis.com/files/images/stocks bonds3_7.thumbnail.jpg" alt="stocks bonds3.jpg" title="stocks bonds3.jpg" rel="image_src" class="image image-thumbnail " width="150" height="109" /></a></div> <p><strong>Stock Market Analysis</strong></p> <p>It was another wild ride on Wall Street. The Dow Jones Industrial Average and the large-cap S&amp;P 500 both lost approximately 1%. However, the small-cap Russell 2000, which has had a difficult 2014, actually gained over 2.7%. In this time of volatility, volume has surged. For the first time since November 2011 we have seen three days in a row where volume has topped one billion shares traded.</p> <p>The volume is a sign of increased nervousness and uncertainty by investors. With the resurgence of small stocks and Friday’s rally for larger stocks some hope this is just a market dip that has created a buying opportunity. Others point to the eerily similar chart pattern of the 1987 Black Monday stock crash. What should an investor do?</p> <p><a href="http://www.wallstreetoasis.com/blog/what-happened-in-the-stockbond-markets-last-week-1013-1017" target="_blank">read more</a></p> http://www.wallstreetoasis.com/blog/what-happened-in-the-stockbond-markets-last-week-1013-1017#comments analysis bond market stock market http://www.wallstreetoasis.com/crss/node/255577 Tue, 21 Oct 2014 08:00:11 +0000 James Investment Research 255577 at http://www.wallstreetoasis.com Student Advice - Continue trying to break in? http://www.wallstreetoasis.com/forums/student-advice-continue-trying-to-break-in <div class="image-attach-teaser image-attach-node-255548" style="width: 150px;"><a href="/forums/student-advice-continue-trying-to-break-in"><img src="http://www.wallstreetoasis.com/files/images/breaking in.thumbnail.jpg" alt="breaking in.jpg" title="breaking in.jpg" rel="image_src" class="image image-thumbnail " width="150" height="116" /></a></div> <p>Hi Guys,</p> <p><a href="http://www.wallstreetoasis.com/forums/student-advice-continue-trying-to-break-in" target="_blank">read more</a></p> http://www.wallstreetoasis.com/forums/student-advice-continue-trying-to-break-in#comments I-Banking Bullpen #IBD #networking http://www.wallstreetoasis.com/crss/node/254432 Tue, 21 Oct 2014 05:00:06 +0000 potentialIBcandidate 254432 at http://www.wallstreetoasis.com BIG NEWS: 2014 WSO Compensation Report is OUT! http://www.wallstreetoasis.com/forums/big-news-2014-wso-compensation-report-is-out <div class="image-attach-teaser image-attach-node-231156" style="width: 150px;"><a href="/forums/big-news-2014-wso-compensation-report-is-out"><img src="http://www.wallstreetoasis.com/files/images/2014-wsocomp.thumbnail.jpg" alt="2014-wsocomp.jpg" title="2014-wsocomp.jpg" rel="image_src" class="image image-thumbnail " width="150" height="111" /></a></div> <p>Dear WSO Community,</p> <p>I'm pleased to announce the release of the <strong><a href="http://www.wallstreetoasis.com/wso-annual-compensation-reports">2014 WSO Compensation Report</a></strong>! We had another great year with even MORE entries than last year (over 5,000)! It took many months of hard work and finally, it's here ...and it's still free :-)</p> <p>Yes, that's right, access to the FULL 155 page 2014 WSO Compensation Report is <strong>100% free.</strong> (up from 108 pages last year). This report contains thousands of data points across investment banking, <span class='keyword_link'><a href="http://www.wallstreetoasis.com/finance-dictionary/private-equity-overview">private equity</a></span>, hedge funds and <span class='keyword_link'><a href="http://www.wallstreetoasis.com/guide/consulting-case-interviews">management consulting</a></span>.</p> <p>The report cuts the data numerous ways including division, city, AUM and company type and <strong>can help you know if you are getting paid enough.</strong> In the 2014 version, we even have data on target vs. non-target schools, race, <span class='keyword_link'><a href="http://www.wallstreetoasis.com/forums/canadian-grades-to-gpa" target="_blank">GPA</a></span> and major. Where else can you find interesting insights like that?</p> <p>Or if you are an employer, this report will give you an idea of <strong>what range you should be paying your employees.</strong> </p> <p><strong><a href="http://www.wallstreetoasis.com/files/Teaser_CompReport_2013%20(2).pdf">DOWNLOAD A FREE PREVIEW OF 2013 HERE TO GET AN IDEA OF WHAT IS INCLUDED</a></strong></p> <p><strong>Here's how you get access to the full 155 page report:</strong></p> <p><a href="http://www.wallstreetoasis.com/forums/big-news-2014-wso-compensation-report-is-out" target="_blank">read more</a></p> http://www.wallstreetoasis.com/forums/big-news-2014-wso-compensation-report-is-out#comments I-Banking Bullpen 2014 wso compensation report http://www.wallstreetoasis.com/crss/node/231157 Tue, 21 Oct 2014 04:00:52 +0000 WallStreetOasis.com 231157 at http://www.wallstreetoasis.com Monday @Mentions October 20, 2014 http://www.wallstreetoasis.com/blog/monday-mentions-october-20-2014 <div class="image-attach-teaser image-attach-node-255511" style="width: 150px;"><a href="/blog/monday-mentions-october-20-2014"><img src="http://www.wallstreetoasis.com/files/images/Monday Mentions_19_2_18.thumbnail.jpg" alt="Monday Mentions_19_2.jpg" title="Monday Mentions_19_2.jpg" rel="image_src" class="image image-thumbnail " width="150" height="113" /></a></div> <p>Happy Monday WSO! </p> <p><strong><u>Upcoming events:</u></strong></p> <p>Join us at 3pm et on Wednesday for a webinar entitled <a href="http://www.wallstreetoasis.com/event/webinar-how-to-be-successful-at-fundraising-for-your-start-up-3pm-102214">"How to be successful at fundraising for your start-up"</a></p> <p><strong><u>Discussion Topics of the Week:</u></strong></p> <p><a href="http://www.wallstreetoasis.com/forums/wells-fargo-employee-emails-ceo-asking-for-a-10000-raise">Wells Fargo Employee emails CEO asking for a $10,000 raise</a>, thanks to <a href="/user/77368" class="mentions mentions-77368" title="upod01">@upod01</a> for posting this and getting the discussion going (111 comments and counting).</p> <p><a href="http://www.wallstreetoasis.com/forums/if-you-could-do-undergrad-all-over-again-what-would-you-change">If you could do undergrad all over again, what would you change?</a>, thanks to <a href="/user/208161" class="mentions mentions-208161" title="Marginal Benefit">@Marginal Benefit</a> for posting the discussion topic (55 comments and counting)</p> <p><strong><u>Comment of the Week:</u></strong> </p> <p><a href="http://www.wallstreetoasis.com/forums/need-life-advice-dropping-out-of-collegedropping-ib-search#comment-1191023">This comment</a> posted by <a href="/user/173026" class="mentions mentions-173026" title="thebrofessor">@thebrofessor</a> in the thread "Need Life Advice - Dropping out of college/dropping IB search". 5 total SB's.</p> <p><a href="http://www.wallstreetoasis.com/blog/monday-mentions-october-20-2014" target="_blank">read more</a></p> http://www.wallstreetoasis.com/blog/monday-mentions-october-20-2014#comments Monday @Mentions http://www.wallstreetoasis.com/crss/node/255512 Tue, 21 Oct 2014 01:44:31 +0000 AndyLouis 255512 at http://www.wallstreetoasis.com 3 Important Ways How the CFA Exams Helped Me Outside of A Financial Career http://www.wallstreetoasis.com/blog/3-important-ways-how-the-cfa-exams-helped-me-outside-of-a-financial-career <div class="image-attach-teaser image-attach-node-254948" style="width: 116px;"><a href="/blog/3-important-ways-how-the-cfa-exams-helped-me-outside-of-a-financial-career"><img src="http://www.wallstreetoasis.com/files/images/cfa outside financial.thumbnail.jpg" alt="cfa outside financial.jpg" title="cfa outside financial.jpg" rel="image_src" class="image image-thumbnail " width="116" height="150" /></a></div> <p><strong><em>Le Violon d'Ingres (French idiom): A&nbsp;second&nbsp;skill beyond the one by which a person is mainly known.<br /></em></strong><br /> A few years ago, I was young, green and eager to do well in my financial services consultancy role. But when the 2007-2008 crisis struck and my firm then was in downsizing mode, I realised that <a href="http://www.300hours.com/blog/being-laid-off-part-1-why-i-wanted-to-get-laid-off" title="" style="" rel="nofollow">I was actually leaning towards being laid off</a>&nbsp;so that I could explore my interest in the advertising industry.</p> <p> After being laid off, I spent a couple of months<a href="http://www.300hours.com/blog/being-laid-off-part-2-dealing-with-the-fallout" title="" style="" rel="nofollow">freelancing to fill in gaps in my CV</a> while interviewing for advertising roles and studying for the <span class='keyword_link'><a href="https://www.e-junkie.com/ecom/gb.php?ii=1145861&amp;c=cart&amp;aff=44880&amp;ejc=2&amp;cl=175031" target="_blank" rel="nofollow">CFA</a></span> exams, all at the same time. Fast forward today, after passing all 3 <span class='keyword_link'><a href="https://www.e-junkie.com/ecom/gb.php?ii=1145861&amp;c=cart&amp;aff=44880&amp;ejc=2&amp;cl=175031" target="_blank" rel="nofollow">CFA</a></span> exams and currently at a tech firm in a role that involves advertising and strategy, I look back and realised that <a href="http://www.300hours.com/blog/being-laid-off-part-3-why-being-laid-off-is-the-best-thing-that-could-have-happened-to-my-career" title="" style="" rel="nofollow">being laid off was the best thing that could've happened to my career</a>&nbsp;- I wouldn't have the courage and opportunity to pursue the path I was truly interested in, and moreover to combine my 3 interests into 1 role: advertising, tech and strategy.&nbsp;</p> <p> We commonly <a href="http://www.300hours.com/1/post/2013/03/is-the-cfa-charter-worth-it.html" title="" style="" rel="nofollow">question the value or relevance of a qualification like CFA</a> in desired career path. The answer is quite often "nobody knows" as it's up to you to make the most out of it. In my case, despite not directly involved in finance now, having the <span class='keyword_link'><a href="https://www.e-junkie.com/ecom/gb.php?ii=1145861&amp;c=cart&amp;aff=44880&amp;ejc=2&amp;cl=175031" target="_blank" rel="nofollow">CFA</a></span> qualifications still added value in my current role in surprising ways: </p> <p><a href="http://www.wallstreetoasis.com/blog/3-important-ways-how-the-cfa-exams-helped-me-outside-of-a-financial-career" target="_blank">read more</a></p> http://www.wallstreetoasis.com/blog/3-important-ways-how-the-cfa-exams-helped-me-outside-of-a-financial-career#comments CFA CFA exan http://www.wallstreetoasis.com/crss/node/254949 Tue, 21 Oct 2014 01:30:06 +0000 300 Hours 254949 at http://www.wallstreetoasis.com Go Pro: Camera or Smartphone? Social Media or Electronics? Price or Value? http://www.wallstreetoasis.com/blog/go-pro-camera-or-smartphone-social-media-or-electronics-price-or-value <div class="image-attach-teaser image-attach-node-255459" style="width: 150px;"><a href="/blog/go-pro-camera-or-smartphone-social-media-or-electronics-price-or-value"><img src="http://www.wallstreetoasis.com/files/images/Screen Shot 2014-10-20 at 4.58.04 PM.thumbnail.png" alt="Screen Shot 2014-10-20 at 4.58.04 PM.png" title="Screen Shot 2014-10-20 at 4.58.04 PM.png" rel="image_src" class="image image-thumbnail " width="150" height="149" /></a></div> <div style="text-align: justify;"> My sixteen-year old, a sophomore in high school, joined the investment club at school a couple of weeks ago, and entered a stock-picking competition. Club members invest in a stock or stocks of their choice, with the winner chosen in about five weeks, based upon price appreciation. Thinking I would have some sage advice on where to invest his money, he asked me for some stock picks and I almost suggested that he put all his money in GoPro, a choice that is clearly at odds with the prudent investing practices of diversification and perhaps with conventional value investing precepts. While GoPro is not the investment I would recommend for my son as his Roth IRA investment (with real long money and a long time horizon), in a game with a five-week window, where the winner takes all, momentum will beat out intrinsic value and diversification will be more hindrance than help. (Note that momentum fairy was in GoPro's corner at the time, and has taken a break in recent days.) &nbsp;In this post, I take a look at GoPro, perhaps the hottest stock of the year, &nbsp;with the intent of not only understanding its intrinsic value (and drivers) but to make sense of the pricing game.</div> <p><a href="http://www.wallstreetoasis.com/blog/go-pro-camera-or-smartphone-social-media-or-electronics-price-or-value" target="_blank">read more</a></p> http://www.wallstreetoasis.com/blog/go-pro-camera-or-smartphone-social-media-or-electronics-price-or-value#comments go pro http://www.wallstreetoasis.com/crss/node/255460 Mon, 20 Oct 2014 21:55:56 +0000 Aswath Damodaran 255460 at http://www.wallstreetoasis.com Healthcare Overview... Part 1? http://www.wallstreetoasis.com/forums/healthcare-overview-part-1 <div class="image-attach-teaser image-attach-node-252902" style="width: 150px;"><a href="/forums/healthcare-overview-part-1"><img src="http://www.wallstreetoasis.com/files/images/index_31.thumbnail.jpg" alt="index.jpg" title="index.jpg" rel="image_src" class="image image-thumbnail " width="150" height="59" /></a></div> <p>By popular demand we’re doing a new overview, this time focusing on healthcare (Finally!). We’re going to keep this simple and stick with three basic buckets. 1) Healthcare Equipment, 2) Bio-Technology and 3) Pharmaceuticals. If there is a lot of demand for an additional space (or sub-segment within the sector) we’ll add it but this should serve as a solid overview given that these three sectors are in the news everyday (so it seems). </p> <p>Notably, interest in the healthcare sector is likely being bid-up because of recent M&amp;A activity (tax inversions) and stock price performance on the bio-medical side (breakthrough drugs). In short, a lot of people are interested in health care simply because it is *hot* right now. This is similar to the high level of interest in the internet sector. </p> <p>With that said, here’s the high level overview.</p> <p>--------------<br /> <strong>Notes to be aware of before beginning:</strong><br /> 1) If you are shooting for investment banking, having a background in healthcare is certainly not necessary. It may help with your spin (IE: a dual major in biology and finance would be better than solely finance) but certainly isn’t needed. </p> <p><a href="http://www.wallstreetoasis.com/forums/healthcare-overview-part-1" target="_blank">read more</a></p> http://www.wallstreetoasis.com/forums/healthcare-overview-part-1#comments I-Banking Bullpen *investment banking http://www.wallstreetoasis.com/crss/node/252903 Mon, 20 Oct 2014 14:30:53 +0000 WallStreetPlayboys 252903 at http://www.wallstreetoasis.com