Happy Monday WSO!
Upcoming events:
WSO NYC Summer Happy Hour - Fri Aug 14th, 8pm - Galway Pub, hosted by me, @AndyLouis".
Upcoming webinars:
-Webinar: Biotech/Pharma Consulting Case Study -- 7pm ET, 8/10/15
-Webinar: MBA applicants - How to impress adcoms with a compelling story -- 7pm ET, 8/11/15
-Webinar: My Experience Managing 3 Interns (MM IBD) -- 6pm ET, 8/12/15
Upcoming webinar rewinds on the WSO Frontpage (replays of old webinars you may have missed, free for 24 hours):
MBA Students: How To Be Successful In Securing A Summer Internship And A Full-time Offer At A Bulge Bracket Bank, 8/12/2015
Signs you're getting burned out (and what to do about it), 8/13/2015
How to start preparing NOW for your 2016 Summer Internship, 8/14/2015
The STAR of acing your interview - preparing for Fit/Behavioral Interviews, 8/15/2015
How to apply & become a Rhodes Scholar, and how this scholarship opens doors to a career in finance, 8/16/2015
Posts of the Week:
The Great Escape - 5 tips for leaving the Back Office by @Blue Horseshoe Love". 6 SB's.
Discussion Topics of the Week:
What is the most clever, profitable RE deal you've witnessed? by @passiveincome". 61 comments+
Q&A of the Week:
Q&A Big 4 TAS Senior Associate by @LMULA". 3 SB's.
Comment of the Week:
This comment: by @Gray Fox" in the post "Bill Ackman takes $5.5B stake in Mondelez (MDLZ)".
I highly doubt he took this stake without a future transaction lined up. I personally think the end game here is the break-up of Pepsi, with Frito-Lay merging with MDLZ and the beverage business going to AB-Inbev.-Peltz is on the board of MDLZ and has wanted a breakup of Pepsi forever (read their white paper)
-Peltz said "Bill is a smart guy and recognizes value when it is there"
-AB-Inbev has digested the Budweiser deal and probably has the balance sheet capacity for a new deal.
-AB-Inbev is run by 3G, who teamed up with Ackman on QSR
-MDLZ/Frito-Lay combination would be an absolutely dominant snack business
-3G would wring a metric crap-ton of costs out of Pepsi. I don't think fancy sculpture gardens in Westchester would pass a ZBB test.The potential hang-up is whether Ackman/3G will poison the well with Buffett by getting opposite of KO. I don't think this will be an issue - everyone has a duty to their investors to make money.
Twenty five years after Barbarian at the Gates a bunch of rich white guys in Midtown are still haggling about the future of Oreos.
Most Active Monkeys in the past 30 days:
1. @jgsantos" 307, 2. @Dingdong08" 300, and 3. @anonymousbro" with 252.
See where you rank here.
New WSO Certified Users:
I wanted to take the space here to thank and congratulate the new Certified Users from the past week. Welcome to the club. Some of these are new members, but all have confirmed that they work in the indicated industry at the level selected on their profile. All Certified Users have a yellow star next to their usernames when posting in the forums, so you all know which sources you can trust the most. As WSO Certified Users, they get i) 3 months free to the WSO Job Board ($45 Value) and ii) access to the private Certified User chat room to network with other professionals (priceless). Without further ado:
Investment Banking
@Mephistopheles" - Generalist - 2nd Year Associate
@TacoBanana" - Mergers and Acquisitions - 3rd+ Year Analyst
@GeorgeMilesArnold" - Generalist - 3rd+ Year Analyst
@Blue Horseshoe Love" - Industry/Coverage - 2nd Year Analyst
@gatorfinance" - Corporate Banking - 2nd Year Analyst
@QuackQuack" - Industry/Coverage - 1st Year Analyst
@CMoore0520" - Mergers and Acquisitions - 1st Year Analyst
@reg44" - Mergers and Acquisitions - 1st Year Analyst
Private Equity
@sophiaxue - Other - 2nd Year Analyst
Asset Management
@mmeensch" - Fixed Income - Accountant
@IBDseeker" - Equities - 2nd Year Analyst
@GomolemoSeete" - Other – Other
corporate finance
@GuyfromNY" - 2nd Year Analyst
Corporate Strategy
@skiNH85" - 3rd+ Year Analyst
Consulting
@LMULA" – Consultant
@VincentGambini" - 2nd Year Analyst
Real Estate
@ASUmike09" - Commercial - Assistant Vice President
Accounting
@WestCoastMonkey425" - Other - Other
Are you a working professional and you're interested in joining the WSO Certified User club? E-mail [email protected] and [email protected] your username and send a link to your LinkedIn profile.
