Damn it feels good to be a banker?

Hey all, new to the forum here. been cruising many posts over the past few weeks and think this is a great website. Provides meaningful insight from professionals in the industry. onto one topic i wanted to address, i just picked up a copy of the book damn it feels good to be a banker. i read it and i really am a little shocked at the culture that this guy portrays about investment banker. Now as someone who goes to a school which he would scorn, and being born from immigrants, i feel that investment banking would be a haven for blatant racism and disrespect. is this truly how things are in investment banking? are most investment bankers like this guy, ego-centric and disrespectful towards anybody who does anything besides investment banking? before i get roasted, i am just curious to know other IB'ers opinions if you have heard of or read the book. thanks.

14 Comments

i thought it was a valid question. considering how television portrays wall street nowadays, i dont think this book will be good for image. i certainly found it a little extreme.

 

When you have a bunch of guys from similar backgrounds spending most of their time together, there will always be some sort of fraternal bond that entails exclusion and, to some degree, contempt...

I don't think bankers look any more scornfully upon, say, construction workers than construction workers do upon bankers. It just depends who you identify with more and whose perspective you're looking at it from.

 
OvechkinWhen you have a bunch of guys from similar backgrounds spending most of their time together, there will always be some sort of fraternal bond that entails exclusion and, to some degree, contempt...

I don't think bankers look any more scornfully upon, say, construction workers than construction workers do upon bankers. It just depends who you identify with more and whose perspective you're looking at it from.

Don't know what the hell you are talking about here.

 

ovechkin, good point. i see what you mean.

crazycanadian, hindsight is 20/20. now that i look back i wonder what the hell i was thinking taking it as a legitimate book lol

 

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Reality hits you hard, bro...

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