Does my MD trust me less?
Was just getting a casual lunch with my MD and some other juniors to celebrate a deal and we were chatting and having a good time when the story of the tragic hurricane in the South came up. I then relayed a story about how my family lost power during a previous hurricane and so did “everyone in our city”.
MD questions me on my claim that everyone lost power in our city since the previous hurricane didn’t hit my home state as hard. I admitted that was a stretch and about half of the homes lost power and he then snickers and says “Well now I’m going to trust your numbers less in the future”.
I’m probably overthinking and this is all a joke but did my credibility decrease in his eyes?
MDs lie through their teeth all day long to craft a story. He probably respects you more. I was once in a pitch with a MD who made up a nonexistent competitor in the likely strategic buyer space, which was effectively a hybrid of 3 actual companies. The CEO didn't know, and he got off with it. The MD was trying to make a legitimate point, but he came up with a fake company on the spot. That's when I realized I was never going to be in IB forever. He was actually a great guy and a very good banker for his clients. After that I began to notice how much he fudged to get points across. I think you're fine.
I appreciate you telling me your experiences but now I feel like he’s going to wonder if I’m exaggerating things when I pitch him on something in the future.
Damn, did he even make a fake name for this company? I can see just speaking generally about a company in the space and maybe stretching the truth on who they are but that would be wild if he just fully made up something like Dick Suckers Inc, a chemical company, and the CEO of DuPont thought it was real.
He actually went as far to make up a name that was some hybrid of 2 of the major players. To be clear the company was most interesting to buyers outside of their specific market and non were of DuPont caliber.
I used to work in the far east when I was more junior. I had an MD (who was, for the record, outstanding - I think he got that title at 32 or 33) who, very often when meeting a new client, would ask where the client came from and then say he used to date somebody from the client's country / region and how awesome they were before she broke up with him to break the ice. Surprisingly effective - bit of humility and people love to hear how good their hometown / country is
I agree with Tech; OP overthinking
Congrats on bottom bucket.
I told my md I lie about a lot and told him I thought I was an elite liar as my strength and im now an incoming analyst.
No he was probably kidding, and "everyone" can be a general description... could be everyone you know or everyone in your neighborhood
I would not spend an ounce of mental energy on this one
I would think it would be a joke too if it weren’t for his flat tone during his delivery - I think he said it to keep me on my toes. How do I win back my credibility and do seniors take junior comments like these as throwaways?
By forgetting about it, moving on and doing good work as normal. This was not some massive lie, you are really overreacting. He's probably forgotten about it by now
Ya you prolly gotta suck his gooch now to get his respect back
Keeping you on your toes... how to keep a short leash 101, sounds like the type that he's the boss and doesn't mind letting ppl know it, WHICH, given the industry is what he should be doing
Generally, gotta maintain rep, and depending on tone was probably mainly simply poking fun into your claim
Yeah, unlike the posters who said he would respect me more for exaggerating I don’t see this as anything close to a net gain for me.
His tone was neutral and flat though so I don’t know if there was much of a joke happening. How impactful are things like this in how he views me? Do I just have to be laser focused on being 100% accurate going forward on everything I say?
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