WSO Weekly Wrap-Up (6/27-7/3)
In case you missed them, here's some of last week's most popular topics:
3 Myths About Excellence That I Used to Believe
Post By @Deconstructing Excellence"
This week, I want to share with you one of the sources that inspired my quest to deconstruct excellence. It was a fascinating (but very long) report in Sociological Theory that made me realize that the three things I thought I knew about what makes great people who they are, were complete myths. Here is what I learned.
How to find a property's intrinsic cap rate?
Post By @dubyawhy"
HF firm that is pretty much doing its first RE deal, so we are new to this. How do I get a discount rate for this DCF? I have no way of finding out the full OCC of this investment. Alternatively, is there another way to find out a cap rate without looking at the market or transactions?I am at an otherwise traditional PE/
Shot at WF Financial Analyst Position, any help greatly appreciated.
Post By @networkyournetworth"
Wells Fargo and I networked my way into the Financial Analyst Program. What is my best option in terms of a "crash course" in the basics of CRE, CRE lingo, excel modeling, etc?I'm handling residential mortgages with
Ask Natalie from Accepted about Business School Admissions
Post By @Natalie_Accepted"
Dean and Director, and currently I am a consultant with Accepted. While at Accepted, I've helped clients gain admission to top BBA,MBA, MFE, MF, MCF and PhD programs over the last 7 years and I'm happy to answer questions you have about Business School Admissions.I'm here to answer any questions you have regarding Business School Admissions. I am a former Admissions
Notes from a Girl in Consulting (and Finance)
Post By @AtypicalMonkey"
I'm impatient, not detail-oriented, fun loving, not serious - none of the characteristics generally valued in banking or consulting. Yet I just got an outstanding review from my consulting internship saying I don't have any major areas that need improvement. Should I want to return to finance, I will have a standing offer from a former manager.
Reuters IBD Global Review 2015
Post By @DirtyCash"
market share, fee share, broken down by division and by industry group and across regions. It should answer 90% of questions that get posted on this forum over and over again. (which group is best in x, rank xyz for me etc etc). And the information is incredibly recent too. I think it will also help to clear up a lot of misconceptions and outdated 'rankings' on this board.Sup monkeys, here is a super detailed analysis of
How do you guys deal with negative press about finance?
Post By @sben3726"
Michael Lewis novel, but frankly those people are fairly rare in real life. I see very little resemblance between what I do in IBD and these fictitious characters. I also see very little relationship between what I do and any possibility of harm done to others.Finance-hate is so common, whether or not it makes any sense. People seem to assume that my peers are Patrick Bateman, Leonardo di Caprio, or some character out of aDid you guys have similar experiences? How did you guys internalize this? What is a healthy reaction to this?
Idiotic Compliance Training
Post By @design"
money laundering, etc. The worst part is there's a quiz at the end of each section and we have to achieve a minimum score or else we have to re-take the quiz. This stuff doesn't even pertain to my day-to-day functions. The rest of the people in my group and I don't have the access to defraud the firm even if we wanted to.We have to take a series of online courses on the usual bullshit topics -- sanctioned countries,Who else has to put up with this? I understand the firm's need to cover their asses, but there has to be a better way for them and for us to go about it.