Why do people choose BB/EB instead of MM Boutiques?
I have a friend who's currently interning at a BB and he told me the Analysts work crazy hours (7 days a week) with realistically speaking only 1/2 protected saturdays a month. While the analysts at the boutique where I'm interning NEVER work on weekends (saturday & sunday).
Even more interesting is that the people who work at MF work the same amount of hours like at a BB. While the people I've met at a MM fund work significantly less than at a BB. The Guys at some LMM funds seem to have even better hours (sometimes they leave at 5pm).
So why do many people want to follow the BB -> MF / Upper MM path? Is it only because of the prestige and money?
Because the bulk of people on this website have a "go big or go home" mentality. The bad hours are accepted as a price to pay and a means to an end.
"Because I wanna make bank, bro. I wanna get ass.
And I wanna drive a Range Rover. This is the fu*king Catalina Wine Mixer."