Plan B - Merchant banking
Went in to this place in Jersey tonight for some steak and there he was... a retired banker hittin on the bartender. He told me you get in and get out; as Uncle Eddie advises. He happens to own over 100 horses in jersey and I guess the guy took a liking when I just sat there and listened to him blabble about himself for an hr.
He asked me if I was just floundering around Wall Street or if I had solid connections. To which fortunately I can say I know a handful of bankers. Then this guy goes on to tell me M&A is great and Goldman is great but if it don't work out that way you must have a plan B. To which he told me mine will be Merchant banking.
How much can a Merchant Banker pull? I mean this guy was talking in the millions per year "easily just as with trading or the buyside".
This true? Merchant Banking all that? doesnt it involve some M&A as well?
I received the exact same advice - always have a Plan B. If you get fired you know exactly what you are going to do. It also gives you the power to be able to walk away at anytime (and the confidence you get from that is amazing).
Always have your shit in order - bushido samurai style.
Why isnt merchant banking considered just as attractive, if not more attractive than M&A if the ultimate goal is PE in 2-3 years...?
If Plan B doesn't work just punch her in the stomach a couple dozen times
]
Family Guy has some good ones too http://www.youtube.com/watch?v=dkp8-vuOWYU
Technoviking: I don't know but it sounds very attractive.
Happypants: I just fell of the chair.
Illum in quasi minima dignissimos error id quia. Alias alias excepturi corporis rerum cumque tenetur molestiae minus. Ratione officia excepturi enim eligendi.
Cum porro recusandae dolores est suscipit. Molestiae quam eum perspiciatis voluptate rem aut impedit. Eum cum voluptas ut reiciendis voluptatum sed sequi. Hic cumque culpa eligendi ut. Molestiae vero eveniet voluptate tempore et voluptas fugit. Consequatur sed impedit ducimus non.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...