Don’t tell people you work in IB or PE
As the new year comes I think it’s important to share some thought to take into 2023.
The most important being that nobody cares that you work in IB or PE. Yes, I was that analyst that told everyone that I worked in IB, don’t be that guy. Why? Because nobody outside of IB or PE knows what you do or are they impressed by it.My grandma still think I’m a teller.
It’s like telling people you own a 997 gt3rs 4.0 instead of a 911, only car people know what it is and those that don’t have no idea what you’re talking about or are they impressed.
Yes I think it’s impressive that you work at Moelis in the RX group. The girl sitting next to you at the bar doesn’t even know what you’re talking about.
So let’s all agree in 2023 to let our egos subside a little.
Ernest Hemingway — 'There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self.'
So can I tell people I work in equity research?
Smoke frog would say this would not be a good idea
smoke frog has self confidence and self image issues. he needs an anonymous forum of prospects and interns to inflate his sense of ego so he can feel tall. bankers are glorified paper pushers so they constantly suffer from the need to justify their value to the world
Are there still girls left that sit next to us in bars or has this town gone to shit? Agree with the rest of your post. Cheers.
More importantly, does a Moelis RX analyst actually have any time at all to go to the bar instead of being chained to the desk 24/7?
In my personal life, I prefer not to socially mix with people who immediately ask what I do for work upon meeting. Tends to be big law & banking types. You come off like a tool and I tend to walk away from these conversations. If I'm in networking mode (which is frequently) or its a work-related function then disregard.
I prefer to hangout with successful people who enjoy pursuing interesting, unique goals in their personal time. Doesn't really matter what they do for a living, just as long as we share a common interest of constantly pushing oneself and treating the body well.
Drop-top Porsches, I'm so used to this
Smoking out the pound, I'm so used to this
I know where I'm from and I got used to this
Mansion in the hills, I got used to this
Bragging wasn't ever been associated with happiness or fulfillment, it only shows someone's need for validation. Social proof and validation may also be what motivates him to get and stay into a specific job. So to those who need to brag, don't only check your ego, you have more work to do than that, like checking your life's priorities to avoid bigger issues down the road such as an existential crisis or loosing yourself in the wrong career.
Just say bank teller then flex your amex platinum and the used rolex sub you bought after an1 bonus szn
Hot take: Hedge fund manager is probs the sexiest job title that retains its sexiness outside finance circles. Closely followed by investment banker, but that runs the risk of people thinking you're a teller. However, most people think 'investment bankers' invest money so that's cool. No one knows what PE is
tbh when I was hitting some bars/clubs in NYC I would always try to keep it vague when talking to girls. "Oh yeah I do that finance thing" was my answer and never wanted to tell them what area of finance or what bank I worked at. Nine times out of 10 that just led to more aggressive questioning and one girl freaked the fuck out that I wouldn't tell her calling me dishonest and sketchy - true nightmare fuel. They'd ask what area of finance and what bank. I'd go - "It's one of the major banks they're all pretty much the same" - but they'd keep pressing to get the exact name.
So potentially the solution is just lying and saying another profession, but then it doesn't make sense to the girl why you're always busy and cancelling plans, plus you lied to her the first time you met her so it's just digging a deeper hole.
I also feel like there's increasingly some resentment toward "finance bros" (2008 vibes) because men who work in finance have been meme'd into oblivion for being dumb simple jocks who just "rise and grind". As soon as you say you work in finance you get placed into that meme box.
What's the play here?
When I tell women I’m a software engineer the panties instantly drop. But alas, it’s a burden, not a gift. Sometimes I just want to have a normal conversation with them :(
Jesus Christ bro save some pussy for the rest of us
This post is funny. I am in top group in top BB, but I have never felt like this is worth bragging at all?
Like what is there to brag when you work like a dog getting paid 200k per year when there are people with businesses earning that amount in a week?
Sit down guys, we are nothing but dogs.
Is it just me who doesn't see anything wrong with telling people what you do, if it comes up in conversation? Just don't be a dick about it...
"Oh so what is it that you do?"
"I'm an investment banker"
"Cool, what's that, do you like give loans to wealthy individuals or something? Can you advise me on if this stock is good haha"
"Oh well actually, my work is a bit different, I help companies raise capital. So what do you do?"
If anything, it's more pretentious to not be upfront with what you do. Makes finance seem like this shadowy mysterious world and that you're some sort of gatekeeper to it. Don't bring up what you do yourself (no one should do this, whatever their profession, it's gauche), but don't be so tip-toey around what you do either when asked. It's just a job, after all.
Did you reply to the wrong thread?
I normally take it a step further and say I work as a janitor
Why tf are y’all so weird on the site about normal human being interactions. If someone asks what you do for work, just say you’re an investment banker. Lying about what you do is way stranger, and dancing around the subject doesn’t make you as humble as you think it does.
Don’t make a big deal out of it, and then just follow up by asking what the other person does and how they like it