Lose Weight... and Profit? Maybe Not?

This new article by Leslie Kwoh of WSJ states that there's a correlation in perception between a slightly larger waistline and one's ability to perform in a leadershop position. Researchers have shown that people in general believe that being overweight is linked with inability to do one's job, a lack of physical (and mental) stamina, and a higher risk of getting sick/not showing up. Additionally, there's the obvious issue of lessened confidence, creating issues socially-- and all of these factors hurt one's chances of reaching the corner office.

To Be Good in Finance, You Have to...

I was recently invited to attend a presentation at a well-known middle market bank, where one of the managing directors gave a speech about the state of the finance industry. There were a few things mentioned which have been echoed numerous times on WSO: the industry and its compensation may never reach its peak again, technology and quants are playing a role in cutting jobs, and that things will get better, but slowly.

Are You "IBD or Bust"?

As much as I love Wall Street Oasis, I can't help but raise an eyebrow at how narrow some of the mindsets on this website are. I'm specifically talking about in regards to careers; obviously, this is a finance community-targeted website, but it seems unbelievable how many students go beyond " IBD or bust." There's literally been folks who've talked about becoming psychologically depressed or even near suicidal because they didn't get a callback or subsequent offer from some target banks. Others are willing to make extremely illogical moves (like racking up six figure debt to go to a tiny business school in an attempt to gain entrance into the finance world instead of simply networking) to reach "their goals."

When Huge Returns Aren't What They Seem

In the WSJ article "How Huge Returns Mess With Your Mind," written by Jason Zweig , the author explains a major issue that investors face during great weeks like the one we just had. After the White House and Congress agreed on a new tax-and-spending package to avoid the fiscal cliff, huge gains were seen in all major markets: the S&P jumped 2.5%, the Russell 2000 index surpassed its all time high, and markets in China, Egypt and Finland rose by over 4%.

However, Zweig warns investors that they shouldn't extrapolate these gains, and to avoid further taking irregularly high risks in the pursuit of yield. He attributes this to a psychological flaw of the human mind in understanding compounding interest.

Are You the Right Smart for Business?

I once interned at an office with two other students. One of them was my age, hardworking, and extremely passionate. She told me she took on the internship in order to improve her chances at graduate school, to make connections, and because she was actually really interested in the assignments we worked on. She ended up becoming very close to our supervisor (same alma mater) and is currently on the road to accomplishing her goals. I would call her intelligent by all definitions of the world.

VC's: Out With the Gut, In With the Algorithms

Remember Moneyball? The The 2003 book by Michael Lewis , and 2012 movie starring Brad Pitt, was about Oakland Athletics baseball manager Billy Beane's then-revolutionary attempt to approach competitive baseball by using an analytic, evidence-based, sabermetric approach in making decisions. Similarly, the traditional method of Venture Capital firms making investment decisions based on the observations of high-paid associates seems to have met it's match.