Life after Investment Banking

Like a majority of people who are on this website, I used to come on here and write bullshit about a life partly my own, partly fantasy. I'm now going to uncloak the anonymous man and tell you my story.

My name is Stephen Ridley. I graduated from a top tier British University with a First Class Honours Degree in Philosophy, Politics and Economics in 2010 and went straight into IBD at a top tier European Investment Bank, after interning there in 2009. I worked in the top team (on a revenue basis) for 16 months, before quitting in October 2011. I want to tell you about that experience, and about what has happened since then, about how I left the green to chase my dream. This will be blunt and honest. I do not mean to offend, quite the opposite, I hope to inspire! Again, this isn't an attack on those who choose to be bankers, it's just me sharing my experience together with the lessons I've learnt, and hopefully it speaks to a few people. If you look at the picture above you'll see a picture of what I do now. It's a little different from where I was 6 months ago!

Banking is fucking brutal

I knew this after my internship, but I didn't care. I wanted money. I wanted respect. I wanted to be a somebody in the eyes of myself and others. But most of all, I wanted money. Why? Because money is freedom. Money means I can wear what I want, live where I want, go where I want, eat what I want, be who I want. Money would make me happy. Right? Well... not exactly I'm afraid. In fact, money didn't seem to make any of the bankers happy. Not one person in the roughly 200 I got to know in banking were happy. Yet all earned multiples of the national average salary.

The reality of banking is this. Like everyone there, I worked my ass to the bone, working mind numbingly boring work. My life was emails, excel, powerpoint, meetings, endless drafts and markups about shit I couldn't give less of a fuck about, edits, drafts, edits, drafts, edits, send to printers, pick up, courier, meetings, more work, multitasking, boredom, boredom, tired, boredom, avoiding the staffer on a friday, more work, depression, tired, tired, tired, fucking miserable. 15 hour days were a minimum, 16-17 were normal, 20+ were frequent and once or twice a month there would be the dreaded all nighter. I worked around 2 out of every 4 weekends in some form. I was never free, I always had my blackberry with me, and thus I could never truly dettach myself from the job. These are the objective facts, contrary to what any 'baller' wants to tell you. The only models were excel models, the only bottles were coca cola, which I drank a lot of to stay awake.

Though I managed to maintain relationships with certain friends (testament to how good these friends were), I never was really 'there' and never really relaxed to enjoy their company, I was either pre-occupied, exhausted, or too self-centred to really have a 2 way conversation. I was constantly tired, constantly stressed, and I had this constant reoccurring thought. The thought went like this. I'm not happy. These are my golden years, my 20s, the years I want to look back on and talk about with fondness and pride. I should be making interesting stories, having the time of my life whilst I have no dependents. I'm richer than I've ever been, yet I'm not as happy as I was backpacking around South America on a shoestring. This is bullshit.

The work isn't interesting

That placed me in the 95% majority. Your not golfing with CEOs, talking about strategy, then driving your lambo home at 3.30pm to have sex with your hot girlfriend. No, your sat at your computer, haven't spent more than 5 minutes in the sun in weeks, your out of shape, bad skin, tired, overworked, and your facing yet another office dinner before calling yourself a cab somewhere between 1am and 5am to take your lonely ass to your empty bed. In those rare moments you do get out your tie to go talk to a client, you're not having a nice interesting chat with an interesting person, you talking finance to some other depressed office drone in some corporate office, who either pretends to give a shit or, more often than not, doesn't pretend. Of course, every now and then, I did meet that rare breed who got their kicks from debt-restructuring or endless levels of back-solved pseudoscientific analysis, but this only depressed me as it reminded me how little I cared about this nonsense, and thus made me further question why I was spending every waking moment - and half the ones I should have been asleep - devoted to it.

You're never going to get as rich as the superstars you admire on the TV and watch in films

Even though I got paid well, I wasn't going out buying a different coloured helicopters every weekend, rolling in designer threads, splashing £30k on a night out and holidaying every other week in some exotic location whenever I can be bothered to charter my private jet. You'll be above average, but still pretty average. Sure, you can buy an macbook air without really thinking about it, and you can take taxis instead of the bus. But that's it. I was amazed how modestly people lived in banking given all the hype that surrounds it. They were just sad middle class bland people, with unexciting lives, and unexciting prospects. A bunch of nerds who got caught up in a cage made of money and dreams and greed, and never got out. There had to be more to life than this.

Eventually, I thought fuck this

I got to the point where I wasn't buying myself nice things anymore because doing so only reinforced my dependency on a job which I hated, a job which was taking over every aspect of my shortening life. I had worked hard at university to have a good life, a happy life, a 'successful' life. And I wasn't finding it in IBD. And nobody above me was either. Even the 'baller' MDs were really just miserable, uninteresting, and often pathetic old farts. I didn't want to be them. I wanted to be a colourful, shinny person with love in my heart. Someone with passion, happiness, laughter lines, someone who has taken life by the horns and lived on the edge, taken risks, had love and loss and seen the world.

I made my plan to leave in baby steps

First I started interviewing at other city jobs - everything from hedge fund analyst to private equity analyst to inter dealer broker to insurance to wealth management to sales to trading and even equity research. These all looked boring, these all involved wasting away the majority of my life at a desk. These all involved long working hours, even if a little better. None of these lit the fire I once had before being crushed by banking. So I looked at jobs in corporates, in their M&A team, their finance team. Again, I went to a few interviews, got offers, but it was just the same shit. I didn't want to be a drone in a suit and tie. Fuck that Stephen, fuck that!

Eventually I snapped

Despite being staffed up to my eye balls, I left the office at 7pm to prepare for an interview I had the next morning at 8.30am. The AD I was working with (5 years my senior) consequently had to work until 5am. The next morning, I wasn't at my desk at 8am as I should have been. I was at my interview. Just another mind numbing 'opportunity' to work in debt refinancing team at Tesco's head office. Fuck that. I'd had enough. There was nothing for me in any spectrum of finance. I'd had enough. I walked into work at 11am, and by 11.01, the AD had dragged me into a side room to rip me a new asshole (she'd got a little cranky after 90 minutes sleep and a lot of stress). She said that she was going to go and talk to our team head about this and stood up. I told her to sit her ass down, I'd do it for her. I walked over to his desk, and I respectfully told him I'd had enough. I thanked him for his time, he did the same, we shook hands, and I packed my shit together and sent my bye bye email around the team.

Within 20 minutes of quitting, I was out of the front door. Bye bye blackberry, bye bye security pass, bye bye banking. The sun has never shone so bright, the air has never tasted so sweet, I have never felt lighter, than that moment. I was free. I was free. I was so fucking free I could taste it!

Now, oddly, I chose this moment to go to a shopping centre (long story) with a friend. Upon walking around in a slight state of shock I saw a piano in a suit shop, and this was exactly what I needed. To play a little tune and unwind. I didn't even ask if I could play, I just went in and started playing. A man quickly came up to me, paid me a compliment and then asked me what I did. I responded 'I'm a musician' (why not?!). He asked how much? I said £100 for 2 hours. He hired me 5 days a week. Just like that I'd become a musician, working around a ninth of the hours for about the same money.

Now I'm going to speed up the story a little. I quit this in a couple of weeks because I realised I didn't want to be a background musician in a shop, I wanted to be in the limelight. I wanted to entertain the world. I wanted to try and make it in music. I rolled a piano onto one of the busiest streets in London, and I started playing. Within 1 month I had 9 management contract offers and had started recording my first album. It's now been 6 months. I've travelled around the world, I've got an album on iTunes, named 'Butterfly In A Hurricane'. I've played to literally tens of thousands of people. I've felt all the love and beauty of the world. I've laughed until I've cried. I've enjoyed more female attention than I thought a guy with my face could get! This is the most alive I've ever felt.

I used to do something I hated all day everyday, I used to hate myself for doing that. I was bad company around people and nobody really liked me. Now I do something that I love, that makes me bubble with excitement daily. In return for doing the thing I love the most, people are made happy, people are overhwelmingly kind to me, people open their hearts to me, and I do the same to them. I roll my piano around the world sharing this love which grows inside in the soil of my happiness and fulfilment. I never ever thought I'd be this happy.

Okay, I can't afford the Prada suit right now, but I can't wait to wake up tomorrow, I've got a singing lesson in the morning and I'm meeting Coca Cola in the afternoon to talk about being in an advert for them. My future is unpredictable (which I love), but I know that it will be fine because I'm the one in control. I spent 23 years developing my brain, and now I'm using it.

I just wanted to reach out to all those people who are in banking and miserable but too scared to leave, I want to reach out to all the nerdy kids with the great CVs who want to go into banking, I want to reach out to everyone who has got this far reading and I'm telling you to take a leap and do something you love. You might not know what that is, but you sure as hell aren't going to find it sat unhappily at your desk trying to multitask all day long. You only progress by taking a leap of faith, not in God necessarily, but in yourself. Know that you have all the tools within you already. You can do and be whoever you want to be, and you deserve to be so much more than a tired suit in an office. Of course if that's where you get real happiness, then that's fantastic. I'm just saying that wasn't my experience, nor was it for the majority of those I met.

Life is short - you're young, you're old, you're dead. React to that knowledge. You have nothing to lose!

With all my love,
Stephen Ridley

In the interests of proof (and self promotion), here are the links to some YouTube videos and my Facebook/twitter.

www.facebook.com/stephenridley.official
https://twitter.com/ThisIsRidley

http://www.youtube.com/watch?v=ikMKtok0pm8

Mod Note: Throwback Thursday: this post originally went up 4/25/12

 

interesting, thanks for sharing

"You stop being an asshole when it sucks to be you." -IlliniProgrammer "Your grammar made me wish I'd been aborted." -happypantsmcgee
 

I just read it again (well, I skimmed it the first time), and +1 for you man. I'm definitely checking out your pages to see what you got going on!

"You stop being an asshole when it sucks to be you." -IlliniProgrammer "Your grammar made me wish I'd been aborted." -happypantsmcgee
 
anonymousman:
Aero:
How did you keep your piano skills sharp while working banking hours?

Oddly enough the bank I worked at had a grand piano in the foyer (just for show), and I would used to play that every day, even if just one song, before jumping in the taxi home!

Really enjoyed your story... by the looks of your playing, I assume you play by ear (don't read write/music)? Looks like you found a way to use some natural talent! Good luck with this endeavor, I'll check out your album.

 

Reminds me of the novel Bank by David Bleden. Awesome story dude! I'd say that banking was necessary for you though, you needed the misery to drive you and the money to make it all happen.

 
Mammon:
Reminds me of the novel Bank by David Bleden. Awesome story dude! I'd say that banking was necessary for you though, you needed the misery to drive you and the money to make it all happen.

I would not say that banking was necessary, but I'd say it taught me as much as it took from me in that period. But you are right, there is no drive as strong as misery!!

 
Mammon:
Reminds me of the novel Bank by David Bleden. Awesome story dude! I'd say that banking was necessary for you though, you needed the misery to drive you and the money to make it all happen.

This is a good point that is often overlooked. Our greatest realizations usually come from our times of greatest struggle

 

I would agree.

I think about it this way: lets say you got a banking offer but decided instead to pursue music. As you met the initial frustrations that I'm sure arise when trying to make money from music you could have had the constant nagging feeling that maybe you were foolish not to take the banking offers that your hard work in school had earned. You wouldn't have come to the hard earned realization that the realities of banking were not anything like the stereotype perpetuated by the media and would have instead been contrasting the hard facts of your reality against a fantasy world that could have seemed much more appealing. Now, you have two sets of real life experience to compare one another to and can make a much more informed decision about what you value in life!

But great story - gave me chills - and best of luck!!

 

Congrats man, I'm glad you found something to make you happy. Yea, if only my parents gave me the right genes to play professional sports I would totally not be going after the banking route.

 
Controversial

This is a great story, but I wouldn't sell short the "importance" of banking--I'd argue that the drones do a lot more important work than a pianist. After all, high finance is basically the blood that makes the organs [edit: no pun intended! haha] of society work. Pianists are just pianists.

I no longer work in high finance--I work in "branch level" finance--but I work devastating hours and what I do is really hard. The intellectual challenge keeps me interested and I'd argue that a lot of people genuinely find finance interesting--in fact, I'd argue that most people in this business find finance more interesting than piano.

In any event, to each his own. If you're not happy doing what you're doing then it makes no sense to continue doing it. I mean, when I quit a job I hated I gave 6 weeks notice, but it doesn't seem like your boss gave a damn anyway.

Array
 
Virginia Tech 4ever:
This is a great story, but I wouldn't sell short the "importance" of banking--I'd argue that the drones do a lot more important work than a pianist. After all, high finance is basically the blood that makes the organs [edit: no pun intended! haha] of society work. Pianists are just pianists.

I no longer work in high finance--I work in "branch level" finance--but I work devastating hours and what I do is really hard. The intellectual challenge keeps me interested and I'd argue that a lot of people genuinely find finance interesting--in fact, I'd argue that most people in this business find finance more interesting than piano.

In any event, to each his own. If you're not happy doing what you're doing then it makes no sense to continue doing it. I mean, when I quit a job I hated I gave 6 weeks notice, but it doesn't seem like your boss gave a damn anyway.

please go

GJDM OP! Welcome to my world - I turned down my banking offer to work at a non0-tech startup

Best decision ever

 
formerBBbanker1254:
Virginia Tech 4ever:
This is a great story, but I wouldn't sell short the "importance" of banking--I'd argue that the drones do a lot more important work than a pianist. After all, high finance is basically the blood that makes the organs [edit: no pun intended! haha] of society work. Pianists are just pianists.

I no longer work in high finance--I work in "branch level" finance--but I work devastating hours and what I do is really hard. The intellectual challenge keeps me interested and I'd argue that a lot of people genuinely find finance interesting--in fact, I'd argue that most people in this business find finance more interesting than piano.

In any event, to each his own. If you're not happy doing what you're doing then it makes no sense to continue doing it. I mean, when I quit a job I hated I gave 6 weeks notice, but it doesn't seem like your boss gave a damn anyway.

please go

GJDM OP! Welcome to my world - I turned down my banking offer to work at a non0-tech startup

Best decision ever

Cool, why don't I go to a tech forum, tell people I hate tech jobs, and then when someone politely disputes that I'll ask them to leave the tech forum. That makes a lot of sense.

Array
 
Virginia Tech 4ever:
This is a great story, but I wouldn't sell short the "importance" of banking--I'd argue that the drones do a lot more important work than a pianist. After all, high finance is basically the blood that makes the organs [edit: no pun intended! haha] of society work. Pianists are just pianists.

I no longer work in high finance--I work in "branch level" finance--but I work devastating hours and what I do is really hard. The intellectual challenge keeps me interested and I'd argue that a lot of people genuinely find finance interesting--in fact, I'd argue that most people in this business find finance more interesting than piano.

In any event, to each his own. If you're not happy doing what you're doing then it makes no sense to continue doing it. I mean, when I quit a job I hated I gave 6 weeks notice, but it doesn't seem like your boss gave a damn anyway.

I think we are just different peas in different pods my man. I can only speak from my own experience, but I was adding no value to the world whatsoever. In banking, I was either making pitchbooks or making mostly fictional pseudoanalysis to fit the stories and answers that either the client or MD wanted. In music, I've connected to people, given and received love, and hopefully made quite a few people's days a little better. Hopefully I'll make quite a few more people's days a little better in the future. Best of luck to you man.

p.s. As an FYI, when you quit your job in IBD, you're out of the door as fast as possible, due to the confidential and sensitive nature of what your doing, but thanks for the snide insult.

 
anonymousman:
Virginia Tech 4ever:
This is a great story, but I wouldn't sell short the "importance" of banking--I'd argue that the drones do a lot more important work than a pianist. After all, high finance is basically the blood that makes the organs [edit: no pun intended! haha] of society work. Pianists are just pianists.

I no longer work in high finance--I work in "branch level" finance--but I work devastating hours and what I do is really hard. The intellectual challenge keeps me interested and I'd argue that a lot of people genuinely find finance interesting--in fact, I'd argue that most people in this business find finance more interesting than piano.

In any event, to each his own. If you're not happy doing what you're doing then it makes no sense to continue doing it. I mean, when I quit a job I hated I gave 6 weeks notice, but it doesn't seem like your boss gave a damn anyway.

I think we are just different peas in different pods my man. I can only speak from my own experience, but I was adding no value to the world whatsoever. In banking, I was either making pitchbooks or making mostly fictional pseudoanalysis to fit the stories and answers that either the client or MD wanted. In music, I've connected to people, given and received love, and hopefully made quite a few people's days a little better. Hopefully I'll make quite a few more people's days a little better in the future. Best of luck to you man.

p.s. As an FYI, when you quit your job in IBD, you're out of the door as fast as possible, due to the confidential and sensitive nature of what your doing, but thanks for the snide insult.

I can see this to a degree,but you also were a first year analyst. Had you stuck it out to VPN or even experienced associate level, I would imagie your take would be different.

 
Virginia Tech 4ever:
This is a great story, but I wouldn't sell short the "importance" of banking--I'd argue that the drones do a lot more important work than a pianist. After all, high finance is basically the blood that makes the organs [edit: no pun intended! haha] of society work. Pianists are just pianists.

I no longer work in high finance--I work in "branch level" finance--but I work devastating hours and what I do is really hard. The intellectual challenge keeps me interested and I'd argue that a lot of people genuinely find finance interesting--in fact, I'd argue that most people in this business find finance more interesting than piano.

In any event, to each his own. If you're not happy doing what you're doing then it makes no sense to continue doing it. I mean, when I quit a job I hated I gave 6 weeks notice, but it doesn't seem like your boss gave a damn anyway.

I don't know about you, but I'd take a less efficient, even lower quality of life society over a society without pianists any day. I also know for a fact that most intenrs getting into Goldman, MS, etc.these days (even the two sophomores I know interning there this summer from Ivy league finance majors) really only say they banking interesting. When you get them one on one, it's almost obvious to them that "most people are in it for the money, but they love money enough for it to be worth it to them. Bravo, OP for pursuing your dreams. I've met very few people who actually find finance intellectually stimulating (mostly more mathematical people), and neither of them have finance internships this summer.

 
Warhead:
Virginia Tech 4ever:
This is a great story, but I wouldn't sell short the "importance" of banking--I'd argue that the drones do a lot more important work than a pianist. After all, high finance is basically the blood that makes the organs [edit: no pun intended! haha] of society work. Pianists are just pianists.

I no longer work in high finance--I work in "branch level" finance--but I work devastating hours and what I do is really hard. The intellectual challenge keeps me interested and I'd argue that a lot of people genuinely find finance interesting--in fact, I'd argue that most people in this business find finance more interesting than piano.

In any event, to each his own. If you're not happy doing what you're doing then it makes no sense to continue doing it. I mean, when I quit a job I hated I gave 6 weeks notice, but it doesn't seem like your boss gave a damn anyway.

I don't know about you, but I'd take a less efficient, even lower quality of life society over a society without pianists any day. I also know for a fact that most intenrs getting into Goldman, MS, etc.these days (even the two sophomores I know interning there this summer from Ivy league finance majors) really only say they banking interesting. When you get them one on one, it's almost obvious to them that "most people are in it for the money, but they love money enough for it to be worth it to them. Bravo, OP for pursuing your dreams. I've met very few people who actually find finance intellectually stimulating (mostly more mathematical people), and neither of them have finance internships this summer.

Well, "Bittersweet Symphony" is about the extent of my piano listening, as it is for the vast majority of the Western world. Just a matter of opinion, but I doubt the man on the street in our societies would accept a lower quality of life, but most people, even the people who work in finance, don't appreciate the fundamental importance of this business. It's little wonder that the industrial revolution emerged slightly after the founding of what is now considered modern banking.

I'd say John Law has had a far greater impact on this planet than Mozart (although this is not discounting the work of Mozart, simply comparing the relative impact).

Array
 
Virginia Tech 4ever:
This is a great story, but I wouldn't sell short the "importance" of banking--I'd argue that the drones do a lot more important work than a pianist. After all, high finance is basically the blood that makes the organs [edit: no pun intended! haha] of society work. Pianists are just pianists.

I no longer work in high finance--I work in "branch level" finance--but I work devastating hours and what I do is really hard. The intellectual challenge keeps me interested and I'd argue that a lot of people genuinely find finance interesting--in fact, I'd argue that most people in this business find finance more interesting than piano.

In any event, to each his own. If you're not happy doing what you're doing then it makes no sense to continue doing it. I mean, when I quit a job I hated I gave 6 weeks notice, but it doesn't seem like your boss gave a damn anyway.

You are missing the point of this post. Don't fucking rain on his parade. I would pay WSO to dump King Kong shit on you if I could, nerd.

 
Cane0180:
Virginia Tech 4ever:
This is a great story, but I wouldn't sell short the "importance" of banking--I'd argue that the drones do a lot more important work than a pianist. After all, high finance is basically the blood that makes the organs [edit: no pun intended! haha] of society work. Pianists are just pianists.

I no longer work in high finance--I work in "branch level" finance--but I work devastating hours and what I do is really hard. The intellectual challenge keeps me interested and I'd argue that a lot of people genuinely find finance interesting--in fact, I'd argue that most people in this business find finance more interesting than piano.

In any event, to each his own. If you're not happy doing what you're doing then it makes no sense to continue doing it. I mean, when I quit a job I hated I gave 6 weeks notice, but it doesn't seem like your boss gave a damn anyway.

You are missing the point of this post. Don't fucking rain on his parade. I would pay WSO to dump King Kong shit on you if I could, nerd.

Doesn't your school have another football conference championship game to not be playing in, Cane?

Array
 
Virginia Tech 4ever:
Cool. I know the guy outside of Starbucks who plays his guitar thinks what I do isn't very important and what he does is. I can tangibly show the importance of my profession and he can show me the intangible benefits of his. I suppose neither is right or wrong.

thats funny; why compare 'anonymousman's music career to the guy outside starbucks? why not any other successful musician? Then the each-to-his own sentiment would sound less passive aggressive...

I dont think that the story was meant to say that in order to be happy you necessarily have to have less money (as the starbucks comparison implies), I think the point is, to put aside even the contribution one makes to humanity as a whole, that people falsely assume that 'money' and 'happiness' have a negative relationship. thats the myth i think is being dispelled here.

While its understood that when complaining about ib on a finance/business site, it shouldnt be a surprise to get a few rebuttals... he was addressing the people who are in it, and unhappy (not everyone els). that makes this the most appropriate place to raise the issue, in my opinion.

"Dont compromise yourself; you're all you've got" - Janis Joplin
 
Commuter:
IB4 Media

this.

Good to hear OP, I once fell prey to the BBC, but luckily I wasn't snatched

Whats the matter? Scared of my little red fuzzy anus? Don't be shy,let me show you the way, give me your hand and I will take you to paradise
 
Best Response
anonymousman:
I wanted money. I wanted respect. I wanted to be a somebody in the eyes of myself and others.

You still do. This is why you're 'sharing' your story here. You want to read all of the 'good for you' replies and feel special. Now you've switched your focus from money to fame/attention.

Banking was just too hard for you. Good for you if you're happier and doing something you love, but the last bit was a little condescending. Most analysts don't need a knight in shining armor to help liberate them from the banks because we're "miserable but too scared to leave". Come on man.

 
SonnyCrockett:
anonymousman:
I wanted money. I wanted respect. I wanted to be a somebody in the eyes of myself and others.

You still do. This is why you're 'sharing' your story here. You want to read all of the 'good for you' replies and feel special. Now you've switched your focus from money to fame/attention.

Banking was just too hard for you. Good for you if you're happier and doing something you love, but the last bit was a little condescending. Most analysts don't need a knight in shining armor to help liberate them from the banks because we're "miserable but too scared to leave". Come on man.

Don't get me wrong, of course money and respect are important, most people (myself included) feel indignified without them. I'm just saying that I've come to understand the true nature and value of them, and before I placed (what I now see as) a ridiculously high value on them (I valued them more than fulfilment and happiness). And yeah, of course, I want to be 'a somebody'. But how I have come to define what 'being a somebody' is has radically changed and is much less vacuous now.

As for the 'you didn't have the stones' thing... Banking wasn't 'too hard' (I've been through worse and made it), but I didn't have anything to prove to anyone sticking myself to a life which brought me unhappiness.

And I certainly don't want to patronise or condescend, and I apologise if I have done. I just met a lot of miserable people when I was there, and I just wanted to extend the same push I've personally given them to other people in their situation.

As for my motivation to post this, it isn't for attention. Though I can readily admit that I like attention and don't shy from that, I just wanted to put something on here that offers a different point of view to the 'banking or die' baller baller shot caller posts on this website, and share the blunt realities from my experience, and yeah, hopefully inspire some other people who are maybe a bit lost to go on and hopefully find happiness!

 

I believe this to be true, and think OPs point is 100% valid. One of my favorite finance books is For the Love of Money by Sam Polk. In his autobiography, he emphasizes all of the unhappy individuals on Wall Street that state they love what they do and that they don't want to leave. However, when the author finally tells these same folks he's quitting, almost all of them admit they want out to. I think its important to be able to see both perspectives.

Banking is cut throat, exhausting, and very stressful. And many people force themselves into it, which leads to a lot of very unhappy people.

However, to say that there is no value added in IB because you did under two years at the lowest level is of course preposterous. Again, I could see how in two years, you felt you truly didn't add any to the world around you. I've lost track of how many deals I've worked on (admittedly, as an intern) and I know I sure as shit never added any value. But like any truly rigorous field, you start from the bottom. Being an analyst is like being an apprentice or a student. You cannot add value until you know the basics inside and out. Why didn't you add any value? Because you left before you finished your education/apprenticeship. I wholeheartedly believe had you stayed lower you would've gotten to the point where you experienced meaningful work. However, if you hated it, you hated it. I appreciate the good read

 

I'm 8 years late on this but this tool is a lifelong bullshitter. He was a bullshitter when he thought he was the shit for going to a top school and getting recruited at a top bank and he's even more of a bullshitter now that he's twisting the story of him not being able to make it as an analyst into him being some kind of fuckin' guru who figured it all out at 23 and knows exactly what it will take to make himself or anyone else happy. Wonder what he's up to these days, whatever it is I'm sure he's still playing it up as if it's way more amazing than it actually is.

 

Absolute amazing story! Thanks for sharing it with us, and congrats on your success! :) It takes a lot of courage to think outside the box and to follow your passion. Good luck with everything!