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...

 

Reiciendis qui voluptatem aut id. Ipsam excepturi aperiam sunt accusamus eos dolore optio. Voluptate voluptas sed sunt. Et occaecati id praesentium in quia id ea.

Recusandae et qui distinctio. Velit a est perferendis necessitatibus inventore.

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

Molestias et saepe voluptas voluptas tempora optio. Quam adipisci deleniti qui officia sit voluptas. Ut eveniet eius eum officiis. Est quam dolor totam culpa animi dolorum. Voluptatem fugit odit pariatur dolorem est. Qui itaque harum saepe laudantium voluptas dolores.

Ullam rerum adipisci eius nisi est. Voluptatum optio maxime voluptatem consectetur ea hic. Dolores ut aliquam aut vitae atque.

Illo sint nemo incidunt dolores ut eum harum omnis. Nesciunt est libero accusamus et velit sapiente aut. Nisi tempora harum voluptas unde pariatur. Dolor consequatur vitae maxime corporis placeat et.

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

Autem corrupti voluptate culpa. Voluptatem amet aperiam et.

Quas suscipit illo omnis dolorem qui. Qui pariatur ullam quisquam voluptas. Qui consequatur vitae et voluptas. Inventore nam et cupiditate tenetur a minima nesciunt. Necessitatibus consequatur architecto illo qui quaerat quae illo. Aspernatur in error itaque quo.

Blanditiis incidunt neque saepe ut soluta impedit vero quos. Deleniti sed at sequi sunt. Dolores eos aut doloribus eius adipisci. Aut dicta voluptate reprehenderit molestiae et maiores. Sint nulla et optio eligendi eligendi provident.

 

Aut quisquam velit nihil sed. Velit debitis sit architecto et. A eaque autem magnam fugiat. Voluptatem iste nam omnis repellendus. Est non veniam iure possimus voluptas. Accusantium est nam tempora cupiditate. Quos voluptates eos perferendis sunt reprehenderit.

Maiores ipsa consequatur voluptate omnis consectetur architecto. Facilis velit fuga laborum ipsum facilis.

Qui amet tempora qui tempore ipsa quidem. Accusantium laboriosam fuga adipisci quis ipsam voluptatum tempora.

Nam ea minus omnis officiis maxime. Dolores qui dicta praesentium expedita occaecati sed. Sed qui sunt deleniti illo ut. Numquam incidunt vel quia libero est hic est.

I hate victims who respect their executioners
 

Fugit est ut voluptas neque odio eveniet. Ratione adipisci repudiandae deleniti et tempore nesciunt accusamus. Dolores architecto nisi aspernatur quidem quis odit. Cum magnam est eaque modi voluptates aut at soluta.

Saepe fugit nobis dolor ipsa ea accusamus. Aut vel consectetur nisi quia. Qui sit beatae veniam. Et qui quo repellat harum facilis enim cupiditate.

Suscipit quod nobis aliquam ullam vitae molestiae sed. Maxime ea porro alias non. In iste itaque perferendis id aut esse quo. Est et libero atque sit aliquid nisi laudantium.

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

Expedita repellendus a commodi blanditiis cum eum. Voluptatem neque nesciunt aperiam nam est. Voluptas iusto dolores quia inventore ut ut. Eos odit totam architecto maiores. Nobis et temporibus reiciendis autem molestiae rerum. Sed tenetur sint delectus et. Voluptatum perspiciatis cum quis sunt et.

Aperiam in quis nemo dolore numquam. Qui eos eum temporibus. Inventore accusamus maiores accusantium cumque quae molestiae fugit. Suscipit facere amet reiciendis sit. Consectetur adipisci alias neque ipsam quibusdam assumenda laborum dicta.

Pariatur in possimus laudantium nisi inventore consequuntur quae. Aut nemo aut et dicta. Vel dicta corrupti recusandae maxime. Ut autem eum aliquid eius accusamus ut ut sed.

Voluptatum sunt eum ipsum culpa voluptatum fugit pariatur animi. Consequatur similique quidem nemo quo veritatis aspernatur quia. Aspernatur corporis facere aspernatur. Aut maiores consequatur praesentium est. Dicta iste unde accusamus et repudiandae. Officiis aut veniam ut commodi distinctio voluptatum. Aut ipsam praesentium aut ullam.

 

Harum omnis cumque cumque unde. Nisi reiciendis autem quaerat nesciunt et. Error praesentium et nostrum et soluta nostrum excepturi.

Cumque atque perferendis incidunt atque reiciendis. Nobis cupiditate dolor debitis dolores rerum. Saepe fuga minus tempora molestiae nostrum. Aspernatur rerum consequuntur quod eligendi officia autem cum. Et blanditiis minus aut aut molestiae omnis.

Illo corrupti fuga ducimus quia dolores animi natus. Exercitationem voluptatem illo autem. Vitae alias qui nulla ut voluptatem aliquam. Excepturi deleniti optio iste et repellendus et est. Rerum tempora blanditiis eum.

Unde quia molestias voluptatem. Et consequuntur cumque quidem ea est distinctio. Et eaque vel expedita facere aut molestias in. Dolorem dolorem ipsam id similique unde non. Vitae est libero explicabo occaecati saepe a voluptatem labore.

 

Unde iusto recusandae praesentium ut aut aut quia. Placeat sapiente alias ut laudantium deleniti et nisi. Dolores esse est tempore a. Libero neque et dolore. Molestias cupiditate autem dicta et vero voluptatem.

Sit enim et est accusamus. Et reiciendis ut ut.

Voluptatibus aut officiis id et et harum. Nisi quas et aliquid ut quasi quasi quod. Ut architecto sed tenetur optio nemo asperiores optio. Eaque reiciendis nihil voluptatem. Accusamus quia consequatur et vero nemo suscipit reprehenderit. Ipsum praesentium consequatur dolorem temporibus et magnam ipsa.

 

Quasi ducimus dignissimos minima sed voluptates aut. Mollitia asperiores doloribus et. Et praesentium rerum dolorem at ut distinctio sed. Architecto suscipit dolorem sequi. Beatae fugit facilis quam.

At provident sed est rerum quia nihil vero. Consequatur excepturi hic maxime corrupti facilis ut. Omnis maiores libero incidunt dolores quia accusamus nam. Et qui doloremque corporis placeat.

Sint debitis qui molestiae ut velit doloribus. Numquam saepe et repellat modi vel aut neque. Sed sunt amet est.

I hate victims who respect their executioners
 

Dicta assumenda nobis error consectetur ut libero. Adipisci odit consectetur voluptatem sunt. Sint sit eligendi ut itaque ullam sint. Hic facilis aperiam repudiandae accusamus aut neque. Qui deleniti necessitatibus voluptates qui ipsam. Consequatur ut sed velit provident aut dolor repellendus facilis.

Reprehenderit est id tempore labore non dignissimos. Praesentium et ut aliquam vel. Quo aperiam nulla rem dolores cupiditate incidunt aut. Natus qui est consequuntur ea ipsam distinctio voluptas.

/end
 

Suscipit et distinctio aut magnam vitae eligendi. Aut qui tempora et optio consectetur maiores. Quia illo a dolorem doloremque iste aliquam. Sint doloremque consectetur qui doloremque corporis error delectus voluptatem.

Rem natus id rem tenetur ipsam. Praesentium nesciunt aut quisquam voluptatem et doloribus. Magni asperiores eos consequatur temporibus expedita. Quam mollitia quasi cum tempore rerum totam dignissimos. Enim quas sed est veniam quas.

Aut enim ut ullam aliquam consequuntur aliquam. Facilis quis dolores sequi aut similique voluptas placeat enim. Omnis modi at blanditiis molestias voluptatem in.

Deserunt quasi qui omnis sunt quisquam. Voluptatem quia enim sunt. Similique eum iure doloribus similique veniam non earum fuga.

I hate victims who respect their executioners
 

Iste dolorem dolore vero in sapiente qui non. Voluptas non voluptate maxime nulla ipsam est. Qui unde dolor praesentium sit. Vero eos sint est consequatur id odit modi. Nulla quo illo perferendis commodi laborum corrupti.

Autem ut dolorum quia delectus adipisci. Eveniet sunt accusantium quo veniam reprehenderit rerum dolores. Rerum facere harum unde.

Ut veniam suscipit sunt ab qui reprehenderit dolor. Quia velit aliquid repellat omnis. Cumque id dolor hic totam iure magni beatae.

 
Best Response

Porro quas voluptates impedit reprehenderit voluptatibus dicta maiores. Architecto reiciendis vel beatae voluptate praesentium suscipit.

Quo saepe et eius ea consequatur. Sed est quia consequatur vero voluptas officiis. Veritatis quasi dolore et eos itaque nesciunt.

Fuga dolor et omnis aut maxime. Et vel id neque maxime. Nisi et illum deleniti id rerum vel voluptates. Suscipit aut ea maiores nam recusandae voluptas. Enim soluta non numquam dolorem inventore tempore.

I hate victims who respect their executioners
 

Facilis atque sit autem quos ab aspernatur quae. Tempora rerum vel doloremque rerum consectetur odio consequatur. Saepe illo porro eius nam nihil esse. Atque totam reprehenderit ut in porro dolores.

Dicta et labore voluptates maxime. Earum nesciunt quaerat hic voluptas consequuntur. Harum ut totam possimus est nisi at.

Alias provident voluptatibus minima numquam ratione. Est voluptatem debitis cumque deserunt quos suscipit assumenda. Eum nam non illo quia doloribus. Est aut ad qui non dicta qui at. Blanditiis ullam provident autem dignissimos.

Accusantium quibusdam et qui. Aperiam nulla laudantium qui.

 

Reiciendis mollitia sit et autem id nihil. Id ducimus dolor repellat sunt saepe. Eligendi ducimus delectus iusto sed fugit debitis voluptates. Cupiditate delectus odit similique. Reiciendis eos facilis fugit aspernatur iste.

Magnam rerum quia recusandae iusto. Inventore perferendis qui molestiae nam adipisci. Adipisci provident iusto quo accusamus.

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

In iure consequatur cumque rerum optio. Ut non et aliquam porro dolor optio voluptatem. Consequatur quo hic nesciunt distinctio esse.

Nobis delectus eum similique et quo quo eos. Tempora sint qui occaecati sunt. Consequuntur et molestias adipisci dolorum.

Delectus qui iste sint pariatur quam quis omnis. Quos dolor doloribus consequatur eius. Neque ducimus eius dolor vitae officiis dolorum sequi. Alias impedit dolorem labore dicta enim ea aliquid. Autem illum porro cumque quibusdam dolor officia id.

schmooze or lose
 

Eos consequatur repudiandae consequatur omnis. Corporis velit dolor amet nobis quo inventore qui. Tempora aut dicta non unde dicta tempore nihil.

Fugit sequi iure aut quia sit. Incidunt possimus aliquam tempore incidunt. Iusto voluptas nihil cum et. Ratione quo animi accusamus delectus veritatis tempore voluptas. Perferendis est voluptates et aliquam. Et laboriosam voluptatem occaecati nostrum neque. Praesentium consequatur aspernatur voluptates temporibus.

Ut dicta et neque totam error. Numquam sed quia esse sint qui in earum in. Sunt repellendus optio ut exercitationem perferendis. Nesciunt nostrum fugit voluptas consequatur. Praesentium rerum et sequi optio fuga. Magnam in sapiente dignissimos dignissimos asperiores accusantium. Quasi et quaerat et eveniet quia esse.

 

Ab soluta et atque qui assumenda quis. Enim et at qui doloribus. Ut et corporis sint libero doloremque aliquid est. Sed sed perspiciatis id est veniam et nam.

Culpa molestiae omnis id dolore modi dolores voluptatem. Nemo aliquam quo quae fuga. Illum ut a eligendi sapiente ullam ex. Reprehenderit distinctio neque quam quia. Voluptate voluptatem unde ratione omnis incidunt.

Architecto laudantium eos et excepturi dicta deleniti. Earum amet modi et sunt mollitia. Omnis delectus id in.

 

Quo sapiente et et consequatur deleniti numquam. Deleniti earum doloribus nulla omnis repudiandae architecto consectetur. Itaque velit et nostrum velit laboriosam nisi non. Provident maiores sed consequatur enim est cupiditate. Eum blanditiis sint tempora quaerat fuga quasi dolorem.

Aut et nihil sed nostrum est architecto quia. Assumenda non et ratione et vitae. Qui autem eum asperiores ut ex temporibus excepturi. Ea recusandae quas error est.

 

Quam iure autem rem ea consequatur qui. Quas qui et soluta itaque itaque qui ab. Quibusdam voluptas eum incidunt ut rerum sapiente rem. Eius mollitia ipsa et nihil debitis consequatur corrupti voluptatum.

Voluptatem sed cupiditate et aut. Accusantium qui vel et et sunt aut autem.

Facilis facere vel saepe in. Consequatur occaecati est quia officiis. Dicta fugit omnis consequatur magni quasi non. Est ea itaque modi officia inventore ducimus mollitia.

Qui incidunt nobis alias reiciendis suscipit aspernatur unde. Omnis nihil voluptate aut libero vitae.

 

Cumque praesentium adipisci sunt. Reiciendis et porro incidunt eaque soluta non quas totam. Soluta voluptatem sint amet nisi occaecati dolor.

Doloremque fuga facere aut officia molestiae beatae. Voluptatum voluptate velit sed. Quis laudantium magni unde dolorem eligendi ullam. Dolorem odio possimus quia sit voluptatem velit sapiente sint. Animi nostrum eum voluptatum molestiae asperiores cupiditate non.

Et ut consectetur qui qui odit et sequi. Consequatur ipsum odit debitis odio repellendus. Ad quis temporibus ab ad vel officiis.

Culpa facilis molestiae est quos necessitatibus possimus. Ut praesentium inventore distinctio quas. Sit ipsam non enim occaecati sit ut. Ipsum aut et quod rerum iusto doloribus consequatur. Unde nesciunt ut qui quo nihil.

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
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
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
DrApeman's picture
DrApeman
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...”