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Could be any number of things:

  1. Maybe they were struggling to make partner in PE and didn’t want to go to a small fund
  2. Maybe their firm blew up and they went back to banking for stability
  3. Maybe they prefer advising clients and selling deal ideas over investing in companies
  4. Maybe they had their “rabbi” back on the sell side who could help them move up faster
  5. They prefer annual salary and bonus over waiting for carry to pay out
  6. Bored
 

OH! I don’t believe one is better than the other at all. I’m super interested in all aspects of finance and business. I understand that Pay can differ between the two. However I’m only in Highschool and I’m just trying to learn more about culture and everything.

 
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Analyst 2 in IB - Ind

Have you secured a buy-side offer? This accusation is no way from accurate, and if anything, this site has been marginalizing competition a lot (don't go to top banks, go to an okay one, don't pay more for better schools, non-target schools get you to IB too.) 

This is finance, not serving food at McDonald's or your typical 9-5 corporate coffee-chatting jobs. It's okay to secretly hate better experience, more challenges and the opportunity to make millions, but don't hide "I just want to settle but I don't want people think I am a failure for PE." and advertise "PE is dying" in every thread. In real world, sharp analysts go to PE/HF, period. This route is no way perfect, but you'll make it if you're good.

Alexa, find me the worst post on WSO

 

This is obviously a moron individual who might be a 3rd year at a crap shop or an undergrad, but to provide clarity: No, no they don't. The cuck analysts without direction do, but the sharpest individuals in the long run end up taking risks to create their own business or manage their own funds. The best analysts actually apply what they learned in valuation and recognize career paths that optimize their personal well-being and their financial position. Unfortunately, you will never do these things because you lack originality and a sense of self. You will say culture is BS because you will never be able to experience what a firm with good culture is like because they will instantly recognize how much you suck. Or, if you are lucky enough to hide it, they will call for a reference and your peers will mention how you have sharp elbows and don't have the ability to manage. The world is small and your asshole behavior is recognized and you will end up in a job surrounded by assholes. Kids, this is a lesson of what not to be and the sad reality of finance--there are a lot of people like this. Good news, the snakes and assholes and the good people do separate out the further you move in your career.

 

Thanks Mr. Intern. Because I’m looking into my future, Mr. Intern. Because I’m interested in Finance Mr. Intern. You go get laid while you still have the hours Mr intern.

 

Is ER rewarding? I heard people say things like “I’m stuck working in ER” is it not the place to be at the end of the day? I really know nothing about it

 

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