Enough with the Jefferies 🍆 sucking

All you read on WSO is “JEFF vs JPM? JEFF vs EVERCORE vs PJT” WHAT!?? Who in the right FUCKING mind would even hesitate remotely about these decisions. Here come all the soft WSO losers anonymously typing in “Analyst 2 - M&A” who’s insecure as shit about jefferies to make a smart ass comment.

Sure, they do well on "league tables" (which are so fking misleading given the balance sheet aspect of banks and how they throw names on deals if they're financing the transaction, or if ur a middle market trash shop who focuses on volume deals and overworking ur analysts only to give them a peloton that they'll have no time to use anyway), but regardless, they do not exit for SHIT relative to class size. They are literally approaching size of some BB's, yet they exit maybe 1 a liar into a reputable PE firm every year. If you ask ANYONE in finance to name the BB/EB's, not a SINGLE person will say Jefferies. They are especially not even CLOSE to an elite boutique. CVP/PJT/EVR/PWP/MOE/LAZ run fucking circles around them in terms of quality of analysts and placement. Everyone u speak to there is an insecure WSO hardo or a fking frat star college kid who sounded cool over the zoom interview but cannot model if their parents life depended on it. Jefferies exits to Burger King janitor positions located in Atlanta if your lucky. COMPARE THEM TO THE REAL EB's, you will laugh. Stop choking on their balls, prospects. Get a real job.

13 Comments
 

Jesus Christ kid, go do your homework or join a club sport or something rather than just spending all day trolling on WSO. Literally no one on this forum is saying Jefferies is an EB, and the vast majority of people on this forum recognize Jefferies for what it is: a fast-growing firm that leverages its status as an unregulated bank to carve out its own niche among its competitors. I have literally never seen a single person put Jefferies on CVP or PJT or a BB's level or anything like that, and in terms of exits no one puts Jefferies remotely on the level of GS or Evercore. Sure, there's been some forums that have compared Jefferies to various other firms from people with actual offers, who have valid reasons to compare or choose between those firms, but those are on a case-by-case basis.

Also, the fact that you use EB seriously shows your lack of knowledge. Once you're actually in the industry, you'll quickly realize that there's no such thing as an "EB" and banks are often more classified on a case-by-case basis based on what type of clients and deals they do. Even among your list PJT and Moelis have quite different operating strategies and clients. Just to provide some light on the Sponsors side, when we're working on deals there's very few differences between the banks. Jefferies is a great bank, Evercore is a great bank, UBS is a great bank, all the usual names in the top 30 league tables are great, we work with all of them quite frequently.

 
Controversial

Why don’t you go live a little and go to a club, spend time with your family and friends, or travel, as opposed to responding to “kids on WSO”. And this is coming from a “principal in PE - LBO’s” I’m sure! Imagine how big of a loser you have to be to an ACTUAL principal in private equity but be responding to humorous posts on a finance forum. Christ man.

 
Most Helpful

This forum's been great. This forum helped guide me through the recruiting process all the way back when I was doing SA recruiting, helped guide me through navigating HHs and the clusterfuck that was buy-side recruiting, and also provided some valuable info during the whole B-school process, and I try to stay up-to-date on this forum by browsing for any useful info and giving back in any thread where I can shine some light when I have some downtime at work. It's just unfortunate that over the years the quality on this forum's been diluted from a place where finance professionals help each other out and offer legitimate insights to a place where hardo prospects try to rank GS against MS and some anti-social college students trolling to make themselves feel better. Nothing about the spam you post is humorous, and I'm here to do my best to (1) try to deter trolls like you from spamming this forum, which unfortunately isn't working and (2) offer some actual info to try to mitigate the endless cycle of prospects having to rank every coverage group on the street.

 

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