• Recent
    • All Recent Content
    • Top WSO Bloggers
    • WSO Chat Room
    • Hot Topics - Week
    • Hot Topics - Month
    • Hot Topics - Year
    • Hot Topics - All Time
    • Top Comments - All Time
  • FAQs
    • Best Interviews
    • Common Questions
    • Industry Specific
    • WSO 101
    • Education
    • Recruiting
    • Life in Finance
    • WSO Company Database
    • WSO Finance Dictionary
  • Forums
    • Post Forum Topic
    • Best Interviews
    • Best Comments
    • WSO Chat Room
    • Job Search Advice
    • Investment Banking
    • Private Equity
    • Venture Capital
    • Trading
    • Consulting
    • Hedge Funds
    • Corporate Finance
    • Real Estate Finance
    • Equity Research
    • Asset Management
    • WSO Success Stories
    • Other Careers
    • Business School
    • Resume Forum
    • Wall St. Fashion
    • New User Intros
    • Monkey Around
    • WSO Products
    • Site Suggestions
  • Groups
    • Browse Groups
    • Create Group
    • My Groups
    • Non Target Networking
    • Energy Trading
    • State your salary
    • Read the Footnotes
    • Proprietary Traders
    • WSO Investment Forum
    • CFA
    • The Restructuring Group
    • Economics
    • RE Finance/Investments
  • About
    • About WSO
    • Press
    • Contact Us
    • RSS Sitemap
    • Advertise on WSO
    • WSO Discounts
    • WSO Store
  • Login
  • Sign Up!
  • Hot Topics
  • My Profile

Wall Street Oasis logo

  • Company Research
  • Modeling
  • Resume Review
  • Events
  • Interview Guides
  • Job Board
  • Intern Positions
  • Mentors

6 Free Financial Modeling Lessons...and More.

Enter your e-mail below to get our new Free Modeling Tutorials ($200+ Value).

hipster
 

So God Made A Banker

BTbanker's picture
BTbanker
      IB
 
(Senior Neanderthal, 5,340
 
Points)
 on 2/6/13 at 1:42pm

A parody to the "So God Made A Farmer" Chrysler Super Bowl Commercial. Probably the worst article ever posted on the site in its existence.

[quote=MarketWatch]
To be read in the voice of Paul Harvey.

And on the eighth day God looked down on his planned paradise and said, “I need someone who can flip this for a quick buck.”

So God made a banker.

God said, “I need someone who doesn’t grow anything or make anything but who will borrow money from the public at 0% interest and then lend it back to the public at 2% or 5% or 10% and pay himself a bonus for doing so.”

So God made a banker.

  •  
  • 4
     

Finance Hipsters

mikesswimn's picture
mikesswimn
      O
 
 
(Senior Gorilla, 943
 
Points)
 on 11/18/12 at 8:00am
hipster banker.PNG

Morning Monkeys!

I'd like to take a moment to discuss the growing multitude of "finance hipsters" and why they annoy the crap out of me. No, I'm not talking about hipsters who happen to work in finance, I'm talking about all these bankers who love to hate on the more ubiquitous methodologies in finance like CAPM (or portfolio theory in general) and DCF models. You all know what I'm talking about, in fact, at some point, you (or someone you know) has probably had this conversation:

Banker #1:

I'm going to get the cost of equity using CAPM and then get the intrinsic value from my DCF model.

Banker #2:

Oh, you still use CAPM and DCF? Man, that's so déclassé, you know the assumptions they use, right? You should use [insert any obscure, probably firm specific model], it's way better.

Replace "the cost of equity using CAPM" and "the intrinsic value from my DCF model" with "Modest Mouse's new CD" or "non-organic milk" and you have the quintessential hipster conversation.

  •  
  • 28
     

Hipster Rankings - North American Cities

Tommy Too-toned's picture
Tommy Too-toned
     
 
(Gorilla, 512
 
Points)
 on 9/4/12 at 5:05pm

They're everywhere. Smooth comb-overs and black frames, they breed like bunnies. Some are rich, some poor, but rest assured, the love is free. Organic dinners. Gluten free. It's all so post-global.

Things are all grooved out as we enter year 5 of the recession. Food trucks, fading keyboard loops, freelance photography

For the finance hipsters in disguise, shall we draft a list...

My prelim:

1) Portland
2) Brooklyn (Bushwick, Brooklyn Heights)
3) Seattle
4) San Francisco
5) New York (Lower East Side)
6) Montreal
7) Chicago, Toronto
9) L.A.
10) San Diego, Austin

...

572) Cambridge, Massachusetts

  • 40
     

NBA Fashion

BoxerRebeller's picture
BoxerRebeller
     
 
(Orangutan, 283
 
Points)
 on 6/1/12 at 7:51pm

A lot of talk about the NBA lately on here. I thought I'll way in.

What do you guys think about the clothes the players are wearing lately? I think its a little out there.

Came across this:

http://espn.go.com/video/clip?id=7997619

Discuss

  • 7
     

Have I become a hipster?

DSKisNOTGUILTY's picture
DSKisNOTGUILTY
     
 
(Monkey, 45
 
Points)
 on 2/23/12 at 9:43am

There was this girl I was seeing a while ago, a little younger and different to what i usually go for (I'm 28, she was 23 and in some arts program at Columbia). Anyway, she was smoking and it was good while it lasted. However she left some of her imprint on me. She was a hipster but as everyone knows hipster chicks are hot, but some of her music choice has made an impression on me, to the point I found myself hanging out with a bunch of hipsters the other day.

I'm finding myself enjoying stuff like this more and more everyday:

http://www.youtube.com/watch?v=CB64VV-gsw8&ob=av2e

http://www.youtube.com/watch?v=8LJtMrhb558&ob=av2e

http://www.youtube.com/watch?v=3hBJIbSScBM

...and you get the picture.

I'm seriously worried.

  • 57
     

Hipster vs. Math

couchy's picture
couchy
     
 
(King Kong, 1,390
 
Points)
 on 10/31/11 at 11:15pm

Hey

This is a hipster's response to an interview question.

INTERVIEW Q: If you have a 6-sided cube that has a unique color on each side (6 different colors), how many possible combinations of unique cubes are there?

HIPSTER: Maybe this is because I'm still slightly drunk, but as I read your question, the first clause is irrelevant to the answer (i.e., that you have this cube has no bearing on the possibility of other cubes), which is that there are infinite possibilities of unique cubes, given that there are innumerable qualities of a cube that have an infinite amount of possibilities, the most relevant to this discussion being the infinity of unique colors.

  •  
  • 23
     

Forum Topics

  • New
  • Active
  • Rank
  • Comments
  • 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...
    Which internship?
  • Hey everyone, Does anyone know of any reputable firms in Miami? Can you speak to their: 1. Pay 2. Culture 3. Focus (i.e. middle market? tech?) 4. Reputation in comparison to NYC...
    PE in Miami
  • So the sudden spike in interbank lending rate in China surpassed 13 percent at one point. The seven-day repurchase rate hasn't risen this high in over 10 years. With the PBOC refusing to inject funds to the monetary market, will this liquidity squeeze hurt the government's efforts to...
    Chinese Overnight Repo Rate hits record high
more

Upcoming Events

  • Financial & Valuation Modeling Boot Camp (Los Angeles)
    Jun 20 2013 - 8:00am - Jun 22 2013 - 5:00pm
  • London WSO Drinks
    Jun 20 2013 - 2:30pm - 4:30pm
  • Financial and Valuation Modeling Boot Camp (San Francisco)
    Jun 27 2013 - 9:00am - Jun 28 2013 - 5:30pm
  • Crowdfunding Conference, June 27, The Yale Club New York
    Jun 27 2013 - 11:30am - 7:30pm
  • NYC WSO Pre-Conference Happy Hour (Friday June 28th, 7PM)
    Jun 28 2013 - 7:00pm - 10:00pm
more

Highest Ranked Content

  • Week
  • Month
  • Year
  • All Time
  • Comments
<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...
How WSO has enhanced my IB/PE career
<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
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...
Asset Management a better choice than Investment Banking?
<img src="//img.pandawhale.com/48721-Sexually-Oblivious-Female-Meme-Ze2w.png" alt="Sexually Oblivious Female Meme - Favorite Position? I would like to be a CEO.">
If you could be the richest person in the world with your dream job only as a public virgin forever would you do it?
more

Recent Jobs

  • Director - Credit, Commodity Finance
  • Real Estate Investment Banking Analyst
  • Funded Internet Startup Seeks Corporate Clients Managers
  • Financial Research Associate for Funded Growth-Stage Internet Startup
  • Business Development Associate
more



Sell Tickets Online through Eventbrite

Poll

Why would you NOT go to the 2013 WSO Conference? :
View the current poll results.

Silver Banana Rankings

  • Silver Banana Leaders
  • Soiled Monkeys
UserSilver Bananas
Edmundo Braverman1161
TNA1120
CompBanker939
happypantsmcgee744
IlliniProgrammer726
UFOinsider643
TheKing625
BlackHat597
rufiolove441
Nouveau Richie425
more

Top WSO Members

  • Total Bananas
  • Active Monkeys
UserBanana Points
Edmundo Braverman14707
TNA13712
WallStreetOasis.com12207
UFOinsider10478
happypantsmcgee9627
IlliniProgrammer9257
CompBanker8757
AndyLouis6142
Siberian Husky5865
monty095427
more

New Groups

  • Houston Targets
  • Belgium going Wall Street
  • Liberal Arts Colleges Graduates
  • McCombs Monkeys (University of Texas at Austin)
  • WSO Pittsburgh
  • Denver Professionals
  • Minneapolis Bankers
  • Non-Target Networking in NYC
  • Prep School Bankers
  • Commercial Real Estate
more

© 2006-2012 WallStreetOasis.com | All Rights ReservedAdvertise | About Us | Contact Us | FAQs | Site Map | Privacy Policy

As Seen In

Sister Site

Syndicate content