Life On Wall Street
What is life really like on Wall Street?
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It's a ball. You get fat from eating Seamlessweb. You get duped into thinking banking is "finace." You actually begin to believe that bankers are better than everyone else and get chicks. You get annoyed when you realize you are a hamster in a wheel that isn't connected to anything.
AND,
If you are unlucky and are in a bad group, everything above will be magnified 2x.
excellent analogy
bankers are a dime a dozen in nyc... those who think they're awesome and go to clubs and do the bottle service deal thinking they're the shit are also a dime a dozen
you live to work, and that's how it is... at the analyst level, at least you have a light at the end of the tunnel, knowing that 2 years of your life has been dedicated to something in hopes of exiting into something reasonably well-paying with a work-life balance. i am, however, beginning to realize that bankers have an obsession with prestige and if you're aiming for top PE, you're probably going to have a crap work-life balance there too........
Bankers are addicted to prestige. Even within prestigious banks, the question is always "what is the most prestigious group?" The goal being to place into a top tier PE to slave your life away for another two years before b-school, and possibly going back to PE post b-school for more slave labor. If we were any smart, we'd be entrepreneurs, but where's the prestige in that?..
then why do you guys do it? surely the money is not worth slaving your life away. and if you think the PE "holy grail" is going to be just as bad, seriously what's the point? you could retire at 40, but you're youth will have passed you by. there must be some other redeeming feature besides a good paycheck to keep luring some of the best students in the country into the industry.
I think we established that it was prestige.
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