Finance/Wall Street Wannabes

Have you guys ever encountered someone that doesn't work in finance/wall street but pretend they do? No one really cares if you're a banker outside of the industry (people don't even know the job exists) yet so many people try to act like they're in front office roles when their job has nothing to do with actual investment banking.

Exhibit A:

Some clown in back-office compliance made a video called "Day in the Life of an Investment Banker." What a dumb move, now he can't ever lateral to a FO position if he tried.


 

Most people do not know the difference between FO and BO roles. If someone mentions they work in a BB, many people view them in admiration. Only those with financial sector knowledge would ask questions regarding their role. Plus these videos are directed for the younger crowd. If I were to bring a camera for my IB internship, I'm sure I would turn a lot of people off.

 

This is like a desk receptionist at a hospital doing a "Day in the life of a doctor". This type of stuff just makes people in FO look down on MO/BO even more.

 
Controversial

The only people who look down on those who work in BO/MO are those who have insecurity issues and think that working in a FO role makes them head honcho when the reality is no one could care what you do for a living and the head honchos are only the ones that bring in the most "meat on the table," which is different every single year.

 

Can't speak for anyone else, but I personally don't look down on my friends in MO/BO or any job for that matter. However, I do have some negative judgement on those that claim to be "investment bankers" when they are doing admin work in compliance. At that point, it's not about the job, but the person. Not respectable in my eyes, but that's a personal opinion.

 

Wouldn't be an awful strategy if he weren't an eminently unlikeable guy who, apparently, mainly posts workout videos and squats like he's on the JV field hockey team. 275 working set? What a puss.

I come from down in the valley, where mister when you're young, they bring you up to do like your daddy done
 

I hate people who speak with slightly closed eyes while nodding their head and avoiding to look at the camera so it's as if they're giving advice to a retarded old friend

 

you're either joking or just a massive simp - like one of those short white guys in the cuckold BBC videos on pornhub

 
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Take it easy on the guy, he’s just tryna make it in the world like all of us (and I imagine that the clickbait title was just to get more views)

There’s much more worse people than that dude, that are actually in IB. Pretentious, arrogant, entitled douchebags (obviously a MINORITY of the people in IB). But you can do a lot worse than this guy

 

I felt a lot of secondhand embarrassment watching that. I guess if he's okay with doing it to gain a little side income, I really can't judge. At the same time, the idea of a NJ guido starting a YouTube channel to seem like a cool guy with a balanced life really makes me cringe

I’m a fun guy. Obviously I love the game of basketball. I mean there’s more questions you have to ask me in order for me to tell you about myself. I'm not just gonna give you a whole spill... I mean, I don't even know where you're sitting at
 
Kawhi Anthony Leonard:
I felt a lot of secondhand embarrassment watching that. I guess if he's okay with doing it to gain a little side income, I really can't judge. At the same time, the idea of a NJ guido starting a YouTube channel to seem like a cool guy with a balanced life really makes me cringe

Lmao, I lost it when he compared himself to Clark Kent with his glasses.

Buddy, you live in bum fuck nowhere, even past New Jersey and your commute time is 1.5 hours door to door each way

Also complains about $15 Chipotle, how the hell does he think that he can front like he's one of us? Tf

 

Funny clip.

"Day in the life" except I can't bring the camera inside to show you anything about my day.

"Can't say my name for privacy reasons" but no privacy from any of the hundreds of people who might recognize my face.

But my favorite part is when he talks about how mentally draining it is to work 9-to-5 at a job where his heaviest lifting is counting the calories in his lunch.

 

Lmao the dude spent a whole minute explaining why tracking calories on restaurant food can be inaccurate.

 

Anything investment banking related on YouTube gets only about 50,000 to 100,000 views (maximum). So a video about IB does not really attract a big audience. I am not sure why a guy would expend so much effort into making a YouTube video about IB.

 

A moment of silence for the ones who have spent months of networking, all-nighters of studying technicals, years to get in a good college and keep our GPA above 3.7 in college, tireless hours of doing semester internships, interviewing for our sophomore summer internships, and sacrificing our livelihood to break into IB.... Just for this clown to come in and take credit. Thanks bro.

 

you guys are fucking pussies, who gives as shit if some poser in compliance is pretending to be in FO. WSO might be the largest concentration of insecure dumbasses on the internet

 

This tbh.

Ex-Big 4 guys come into my bank and work in departments called "Finance IT" and "Wholesale Finance" and front on social media like they're Capital Markets guys, when in actuality, they just do financial reporting

That doesn't stop them from telling everyone they know how they hopped from Big 4 Audit into "Finance" at a bank when it's really just still accounting. I don't know why they choose to lie to themselves and to others. Lol, mediocre losers

 

Ok so last thanksgiving I was out at a bar with some friends in the Fairfield County area where I grew up and my childhood friend's friend he went to HS with in the area was with us. Chatted with her about what she has been up to post graduation as she was a year ahead of me. Told me she got a job at Point 72 Asset management (context: she did not study finance or anything related) and I started asking questions out of curiosity about her role only for her to become livid that I accidentally forced her to expose to all her friends that she has been lying about essentially a secretary with a glorified title. They way she spoke about it at first anyone would have genuinely thought she was in a revenue producing portion of the business, ending up creating a really weird sitch.

 

It is actually funny. But honestly, who cares? As soon as I realised 'investment banking analysts', 'Traders' and 'junior portfolio managers' spend 60% of their time on admin duties whilst having a 'sexy' title, I checked out of the dick comparison game.

I dont agree with posting his LinkedIn, but if he is VP in Compliance at DB he still probably takes 150k$ (double the average salary in NY I think?) and self confessedly working 9-5. And he has time to work on his glutes. Not sure if 150k in NY is good or not.

 

Outliers though compared with the rest of the workforce. And they’re getting paid to work double the hours in order to put powerpoints together, it’s not exactly glamorous. How many analysts actually stay in banking? I’ve been on WSO maybe 8 years lurking, if every single analyst that’s been on these forums stuck on the path we’d have 10,000 md’s, 20,000 vp’s, 30,000 PE exit ops, 40,000 hedge fund exit oppers etc.

 

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