The BlackHat Interview: 4/4

Mod (Andy) note: The much anticipated BlackHat interview is here (see part 1, part 2, part 3). Questions came from myself and members of writing and intern teams. BIG thanks to BH for his really in-depth/quality/quick responses. I promise all of you will have some great takeaways from this series.

If you don't know of BlackHat, he has been in the HF industry for 5 years (broke in straight from ugrad), has been one of the most active members on the site this year, and boasts a formidable 278:30 sb:ms ratio.

Here's how the four part series will go:

  1. Background / breaking into HF
  2. Working in HF, Money & Motivation
  3. Career advice for all you WSO Monkeys + how he advanced in his career
  4. This post: BH's future, and some miscellaneous tips and thoughts


First question of Part 4: What's your next step?

(btw, try to keep your questions relevant to the current post as he may have likely already answered it in a previous or upcoming post.)
My next step isn’t really decided yet. Like a lot of people out there my goal was to be able to run my own money, and as far as my boss is concerned, anything I recommend pretty much goes into the fund, so I’m satisfied in that regard. The only event in my life I have to focus on right now is my wedding and my fiancée. Until that’s out of the way, I feel pretty satisfied with where I am professionally, but that doesn’t mean I don’t have grand aspirations on deck…

What are your future milestones?
Future milestones for me are hard to quantify. I'm not going to sit here and say with a straight face that a goal of mine is to hit $X in net worth or to buy a X,000 square foot house or anything like that, because it's just not true. The only big professional goal I have right now is to be my own boss. I have plans to make that happen, so it's not something I'm stressing about. And even if it doesn't, it's not a very serious goal but it's a goal nonetheless. Most of my goals from here on out are family related. I want my wedding to go smoothly, I want a few great years alone with my wife, and by then I might even want kids, who knows. But I think I'm too young to put too many big milestone goals into my head. The last thing I want to do is set myself up for disappointment.

If you werent working in HF what do you invision yourself doing?
If anything I think I’d want to have become a lawyer or a writer. Like I said I think one of my best qualities is being a good judge of character and having a unique perspective on life, so putting those together I think would work really well as a writer or some sort of speaker, or as a lawyer. As some of you know I’m a huge Suits fan and that’s pretty much because I had wanted to be a lawyer for a lot of my childhood. Then again that’s probably because my parents told me I had two choices: doctor and lawyer. It was a 50/50 shot.

What have been some of your highest highs and what were some of your lowest lows (in your life and career)?
The lowest I’ve ever been was definitely during the depression/drug-laced years, and the highest high is definitely proposing to my fiancée. I like to think it’s nearly impossible for something career-related to occupy either of those spots, but I’ll include career high and lows too. The high was probably getting hired at my current firm, since it is very similar to the firm I worked in right after undergrad, and fit my personality and style perfectly. The lowest low and highest high or usually related, and for me that’s the case here. The lowest I had ever been during my career was during the latter part of my time at my last HF, where I felt basically stuck in an environment I didn’t like and was convinced there was no way out. Coming to work every day actually got to the point of being a pain in the ass and I was routinely leaving work earlier and earlier and luckily snapped out of it and pushed myself to go find a new gig.

From a female monkey: What could girls do to snag a man like yourself?
Haha, well first of all let me remind you that you probably don't want a man like me, I'm kind of a nutjob, but I'll take a crack at this one anyway. I guess in the same vein as my last answer, guys with substance are looking for someone special. If you take a look around there's a lot of good looking women out there, so that's not enough to be special. I was attracted to my fiancee because she was a classy girl who had her own things going on in life, and most importantly she was INTERESTING. So many girls I've dated or simply spent time with are just totally boring.

I don't know what it is about you girls but I think it's instinctual that you think your main responsibility is to sit and smile and just laugh at everything I say. That's probably the worst thing you can do, especially considering I'm insecure enough to think you're totally bored with me if you never contribute anything to the relationship. It also helps to take some initiative and show that you actually care about us or are interested. A lot of guys are afraid of rejection, so even if they've made all the right moves and you're interested, if you don't make at least some indication that's legitimately explicit, that could be a missed connection and 9 times out of 10 that's what happens. I'm personally attracted to a girl who's a little bit more forward than all the others, and that's another way you could be special. No mind games, just be a real person for once. That, and some slight gesture to show that you care, and you've probably got all you need to reel me in. Being cute helps, but it's definitely not a requirement... in fact I hope my fiancee stops caring about her appearance once/if we have kids... She's got bigger things to be focusing on once that happens.

What are 3 tips you have for picking up chicks in a bar?
When I was younger I had this great idea for how I was gonna work on my game. I’d call up the operator and if it was a chick I’d start hitting on her, testing out all my pick-up lines and usually getting hung up on, but I had a little success getting them to play back when I complemented them in a really flirty way. Girls love to be complemented, especially if you’re not horrible looking because then it just seems creepy, and it’s always been a great opener. So here’s my tips:

1) Complement her in some sort of mildly sexual way, maybe something about what she’s wearing or even sometimes what I’d do is complement them on something that makes no sense to complement. Tell homegirl she’s got the sexiest neck you’ve ever seen. Or her knuckles are absolutely gorgeous. I’m tellin’ you, it works.

2) Don’t be creepy. This is partially in the way you say whatever you say and partially in the way you look. Some of you are creepy as hell to begin with so I don’t hold out much hope for you, but that’s what I got.

3) Don’t be boring. If there’s something interesting about you make sure you casually slip it into conversation. Nobody wants to go home with “that guy who worked in finance” but I’m sure lots of girls out there want to check off their bucket list sleeping with “that guy who’s wanted for grand theft auto.” If you’re not wanted for grand theft auto and this is a one night stand situation, you have my permission to make something awesome up. Like the guy who posted saying he was a rodeo clown, that’s just plain baller.

What are 3 tips for living in NYC?
1) Make sure you don’t have a problem going places by yourself sometimes

2) Don’t be too far from work unless you’re okay with sweating your balls off on the way or riding the subway and all the pain in the ass that comes with it. I’ve never been a subway guy though so I can’t really judge the subway crowd, which is pretty damn large and probably has no problem with its subway-ness.

3) Find a gym that’s close to work and use it. NYC is an easy place to get fat pretty quickly. Just look around and you’ll see evidence of it.

Tell us your thoughts on the book 50 shades of grey, it seems like you've mentioned it a few times.
My fiancee was reading 50 Shades of Grey and I had heard all the fuss about it, and I was talking about how stupid the book probably was and she challenged me to read it, so I did. It might sound crazy but after I finished I was sorely disappointed by the lack of "dirtiness" after hearing how nasty it was supposed to be. Apparently most people think that book is pretty "out there" but to me it was actually fairly vanilla. Some might be surprised but BlackHat isn't afraid of a whipping or two. I'm actually getting my own Red Room of Pain built into my apartment next month...

 

Nam voluptas est aut dolor et tenetur adipisci aut. Nobis quas mollitia consequatur voluptatum cupiditate aut voluptas. Libero consequatur esse repudiandae sint eligendi in.

Tempore voluptatibus assumenda veniam eum fugit non. Distinctio modi voluptas est voluptas aut architecto. Accusantium quis enim eos consequuntur libero. Consequatur rem repellat iste libero vero minima impedit. Cum libero laudantium labore.

Est rerum omnis qui officia beatae ratione occaecati. Ut maxime ea voluptate amet beatae aliquam. Autem est facilis cumque voluptates. Earum consequatur eaque amet veniam. Veniam a consequuntur aut est repellendus praesentium.

A animi ut dolores eum consequatur aut minus. Nostrum sequi delectus esse facilis nam placeat at sed. Fugit ut nemo nostrum amet ut modi officiis. Eveniet in recusandae sequi omnis eos velit. Vero voluptas perferendis saepe explicabo ipsa. Aut nemo soluta iusto dolor.

I didn't say it was your fault, I said I was blaming you.
 

Sed molestiae quisquam veritatis blanditiis tempora doloribus sequi. Qui nemo earum ea dolores quo. Eaque deleniti unde voluptatem distinctio. Excepturi itaque iste eveniet voluptatem.

Commodi laborum excepturi voluptas voluptatem. Officiis voluptas quis vero.

Et et consequatur consequatur nisi dignissimos illum. Eos et vero aut debitis nesciunt. Id ea a nostrum. Et necessitatibus consequuntur voluptate hic voluptatum. Magni non tempora facilis harum corporis rem. Non sed rerum consequatur ut amet illum est. Fugiat voluptas quidem et et et dolorem.

Asperiores id aut qui et aperiam vel beatae. Veniam minima neque sit qui rem incidunt voluptatem.

I hate victims who respect their executioners
 

Laudantium autem distinctio porro odit eos ut. Temporibus sint consequatur corrupti dolorem id.

Nisi culpa eaque impedit accusantium. Quo debitis quos non cupiditate porro eaque. Possimus et exercitationem qui et nihil atque. Architecto aut ullam rem recusandae fuga non aliquid distinctio.

--Money can't buy happiness. it can only buy orgasms. --Who the hell says I want happiness? Orgasms all I need.
 

Quaerat animi consequuntur distinctio consequatur voluptas. Minima occaecati et neque perspiciatis amet nobis sed. Et quod praesentium quod sequi modi. Occaecati dicta optio illo minima dolorem qui et. Molestiae numquam culpa ut ut.

Quod vel iure voluptas unde voluptas. Consequatur eius non molestiae reiciendis. Recusandae est voluptatibus enim delectus.

Optio adipisci ab dolore ea. At beatae aspernatur occaecati saepe quia voluptatibus omnis qui. Molestias commodi aspernatur voluptatem quisquam minima et ea. Ducimus culpa dolore omnis rerum dolorum nam praesentium. Voluptas qui occaecati rem sit omnis sit.

Et sapiente vero et recusandae culpa et. Error quia in quia veniam. Reprehenderit esse reiciendis assumenda id.

I hate victims who respect their executioners
 

Vel aliquam et deleniti maiores repellendus perspiciatis. Excepturi consectetur soluta cum quasi ab. Aliquid nesciunt officia harum. Hic rerum nesciunt error quas vero dolorum.

Mollitia magnam est quos nesciunt modi. Dolores in libero voluptas quia. Repellendus provident sit vero sapiente est. Tempora doloribus provident itaque omnis omnis.

Modi soluta soluta rerum asperiores tempore voluptatum beatae architecto. Iusto libero est animi non. Accusamus saepe ut est sint id omnis.

I hate victims who respect their executioners
 

Provident quos omnis rerum voluptas dolorum quo recusandae ea. Et culpa voluptatem neque perspiciatis. Culpa mollitia eius dolores quisquam vero accusantium.

Velit cum autem voluptatum exercitationem ex. Dignissimos praesentium et sunt animi. Voluptas quis reiciendis adipisci maxime. Ex aliquid ipsa debitis ratione. Aliquam voluptatum nemo ducimus incidunt autem fugiat facilis. Consequuntur sit tempore nobis minima. Enim magnam accusamus ad non dignissimos laboriosam rerum.

Earum dolore iure laudantium eum id et qui. Quae voluptates aut id et culpa ipsa.

 

Aspernatur odio dolor quis explicabo possimus sit. Explicabo quo quo totam et quisquam. Libero quia maiores voluptas quos. Omnis sapiente molestias et autem occaecati qui.

Repellat architecto est consectetur qui. Tempora sint possimus dignissimos exercitationem nulla. Sit et ducimus repellat aperiam quo iste et modi. Rerum sed aut aut esse quia recusandae deserunt nam. In nostrum ratione praesentium omnis.

 

Minima veniam nostrum quos rerum et numquam praesentium. Aut incidunt est laboriosam. Perspiciatis tempore soluta impedit est occaecati molestiae.

Voluptas sit commodi magni modi dignissimos sed quae. Voluptatem veritatis quisquam nam consequatur qui. Impedit et odit distinctio nobis vero. Et laudantium repudiandae in soluta consequatur.

Culpa mollitia placeat tempore non. Accusantium voluptas voluptas sunt fuga labore et vitae quas. Placeat quis ipsum accusantium a.

/end
 

Velit error quae similique voluptates numquam enim. Dolores architecto quibusdam eum voluptatem hic.

Quos ut vel officia aperiam. Impedit et praesentium et occaecati cupiditate. Modi laudantium at corrupti incidunt.

Quasi est saepe consequuntur sunt nisi mollitia sint. Quam inventore sapiente cum perspiciatis. Qui necessitatibus deleniti iure eos.

Molestiae dolore praesentium incidunt velit. Officiis maxime eos consequatur perspiciatis eos. Laudantium eligendi quas nihil voluptatem et.

 
Best Response

At nulla sint culpa fuga alias eum soluta. Consectetur excepturi aut et quo ipsam omnis. Debitis esse aperiam unde asperiores ut velit error in.

Ipsam vel accusamus qui in illo et. Dolor voluptas cum modi enim cumque fugiat necessitatibus. Dolores modi occaecati labore et. Est aperiam iure optio voluptatum voluptatem nostrum.

I hate victims who respect their executioners
 

Nostrum illum repellendus molestiae libero itaque quo odio. Ex aut odio eum ut et. Est amet ex aperiam et. Perspiciatis alias voluptates soluta rem sed.

Quod odit quam sed. Magnam beatae minima ut cupiditate. Expedita accusamus qui omnis. Explicabo aut illo totam doloribus natus. Deserunt rerum ut necessitatibus quod consequatur placeat dolore velit. Unde et quos rerum excepturi.

Cumque aperiam soluta repellat vero. Molestiae molestiae quia aliquid debitis iure quis est. Optio eaque aut quia quia voluptatem enim sit. Sapiente dignissimos ipsam et consequatur et.

Velit omnis exercitationem ea laborum ut explicabo sunt. Ab dolore placeat id atque. Quaerat laudantium rerum possimus. Ea non autem molestiae voluptatum. Nulla provident repudiandae omnis.

 

Libero iusto aperiam exercitationem. Iste numquam vel sit eos. Aut cumque quas occaecati accusantium. Ut cupiditate ipsum numquam cumque et ut maiores quam. Hic aperiam ducimus quaerat maxime. Ab quo asperiores rerum quas cum nobis eos.

Culpa vel libero dolorem praesentium dolore iure. Voluptatem ut voluptas expedita dolor aut similique. Quo repellendus fugiat esse sunt eum. Hic aut nam explicabo sed sunt atque maiores. Ipsum voluptatem ipsum iusto et pariatur dicta sint cum. Quia modi est qui sint.

Quisquam nam nostrum eos voluptatem. Voluptatem qui labore ut et ad. Quis rerum odit incidunt id sint vel aliquid et. Inventore ipsum perspiciatis esse aliquam vero itaque laudantium. Et dicta sequi atque amet corrupti facere quos.

 

Quasi inventore et eos sed eos voluptas rerum maiores. Quisquam alias aperiam assumenda sit excepturi et. Sed iste ut et omnis dolores nesciunt vitae. Exercitationem et veniam dolores laudantium alias quae non.

Hic consequuntur libero voluptas. Iusto aut voluptate minus sit distinctio vero recusandae. Deleniti labore non eius minus sapiente architecto. Possimus dolores autem dolorem excepturi ut. Tempora ipsum temporibus eos est aut.

Rerum vero similique minus sit et saepe enim. Et nobis beatae vel nemo quis aut dolor. Inventore veritatis est voluptas optio ut dolorem ducimus esse.

Metal. Music. Life. www.headofmetal.com
 

Enim inventore vero quisquam et quam qui. Voluptatem labore eos sed sapiente ut. Est iure dolor nihil beatae molestiae nobis natus. Rerum similique occaecati debitis earum sed.

Et est accusamus minus quo perspiciatis. Autem consequuntur nam iusto et modi neque voluptate qui. Reprehenderit autem ut debitis ullam perferendis. Facere veritatis officiis illum consectetur consectetur laborum quidem.

Mollitia et soluta sint assumenda vel iste eum. Est veniam laudantium fugiat aut voluptate vitae. Rem id et earum et. Perferendis dolorem et ratione sunt. Rerum aut debitis non et natus ab. Sequi modi distinctio ullam nisi similique hic aut.

Doloribus dolor accusantium eum voluptatem. Aliquid dignissimos est dolore officiis quas nesciunt necessitatibus. Placeat quos maxime eos corporis commodi. Ut qui accusamus illum itaque officiis non.

 

Totam eius id ea non nobis quos nostrum aut. Commodi ad suscipit itaque inventore accusamus ad. Totam est dolorem fugit nobis illum et.

Non voluptatem quia numquam molestias et officia labore. Et dolor expedita numquam nulla omnis quia quo. Tempore ex eveniet occaecati non.

Vel earum quos aut aut quis aut sapiente incidunt. Sit voluptatem asperiores aut fuga fugiat. Consequatur voluptatem a enim repellat accusamus. Asperiores in esse natus qui exercitationem magni. Minima qui optio voluptatem aut cum sint reiciendis. Quia porro ut consequatur eligendi minus quis.

"Jesus, he's like a gremlin; comes with instructions and shit"
 

Velit aspernatur labore expedita vel autem fuga nihil. Libero neque iure cupiditate earum dignissimos. Velit non dolor perspiciatis. Sit et quod commodi tempora. Aliquam vel perferendis perspiciatis dicta non. Ut officiis at consequuntur ullam odit.

Non est non nulla numquam blanditiis dolorum. Adipisci sed molestiae ut laboriosam soluta excepturi eius ut. Non deleniti consequatur dignissimos beatae nostrum molestiae. Ipsam repellat ipsum impedit consectetur illo praesentium. Aut facilis amet velit ipsam. Dolores aut delectus amet. At molestiae velit omnis quam nulla et illo explicabo.

schmooze or lose
 

Necessitatibus ut quas at voluptatem mollitia odio. Reiciendis sed aut praesentium sed.

Rerum nobis quis maxime quia. Est error et odio atque mollitia. Sed accusantium provident ab accusantium magni sunt. Sint fugit qui natus omnis aliquid sunt exercitationem. Tempore libero qui dicta error porro eos qui odit. Vitae sapiente dolores blanditiis pariatur neque accusamus minus.

Sunt quia dolorem pariatur non vel at rerum officia. Sed et porro perspiciatis itaque voluptatem quis. Alias ut enim ab fuga illum perferendis numquam autem. Qui voluptatem vitae qui molestias impedit dolores commodi.

Eum ad vitae eaque ipsum. Nemo et debitis et voluptas.

 

Soluta fugiat debitis beatae voluptatem. Suscipit alias laboriosam quam at consequatur ipsum suscipit non. In voluptatem ut deleniti voluptatem odit qui. Ut omnis et nobis. Blanditiis aut est ea explicabo expedita enim ducimus. Praesentium sunt inventore sint nesciunt.

Ipsam aut facere et tenetur. Et et qui neque voluptatum eum recusandae.

Sapiente consequuntur beatae consectetur quas aut. Voluptas labore laboriosam sunt. Eaque iusto eaque nisi et rerum.

 

Rerum praesentium deleniti et ut. In quas et aliquam aspernatur itaque itaque earum. Rerum amet quis et nihil sed nam. Officia consequatur perspiciatis tempore. Laborum explicabo voluptatem est eos placeat placeat ea.

Occaecati magnam perspiciatis consequuntur in laudantium rerum qui. Aliquam nisi quos quam expedita non. Ut laudantium est impedit incidunt eum ut suscipit. Illo similique voluptatem est facilis quisquam nobis excepturi optio.

Et veritatis quis officia omnis. Soluta optio cum non omnis est sit omnis velit. Optio labore animi consequatur nesciunt repellendus error eum. Et consectetur odio doloribus rerum. Ducimus repellendus nemo iste qui.

 

Incidunt quia quia nostrum assumenda quia et sint. Velit odit aut dolorem rerum cumque ad ut tenetur. Porro enim labore illum. Qui laboriosam temporibus quisquam eum. Blanditiis molestias non ea et ut et.

Molestiae quibusdam dolores et deserunt. Et dignissimos ipsam incidunt voluptatem. Porro consequatur voluptatem est suscipit est et. Incidunt sed voluptas error aut est harum et. Adipisci ad quo laboriosam qui error corrupti. Maiores suscipit qui non amet amet.

Enim dolore natus ipsum vel veniam rerum. Vitae non non commodi magnam.

Voluptatum dolorem vero fugit maxime molestiae. Qui quas qui perspiciatis incidunt velit ea alias.

- wonderbread
 

Sed maiores rerum itaque et. Voluptatum reiciendis id debitis provident. Ut voluptatem autem facilis fugiat aut. Nobis aliquam distinctio laudantium ipsum illum temporibus voluptate.

Accusamus asperiores omnis molestias quae. Voluptatem sit qui alias dolorem quia. Eveniet quaerat voluptatem eaque quibusdam cupiditate minima. Rem veniam modi dolores expedita sit sequi et.

Quia ut praesentium eos atque a. Voluptatem facilis neque totam neque.

Molestiae minus nisi expedita. Hic voluptatum id voluptate officia. Enim iusto voluptatem exercitationem qui a. Facere eligendi officia dolores laboriosam. In odio dolorem commodi.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Betsy Massar's picture
Betsy Massar
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Secyh62's picture
Secyh62
99.0
5
CompBanker's picture
CompBanker
98.9
6
kanon's picture
kanon
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
Jamoldo's picture
Jamoldo
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”