Hows my cover letter?
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Career Resources
Nobody reads cover letters so you'll be fine. You might want to tone down on the "I've failed at everything" part, though, sounds a bit too much IMO.
Should you still include one in your application, or only if it is required? In the case you do include it, how much effort should you spend on tailoring it to that firm?
wouldn't read it post i've failed at everything part.
It is definitely off putting with the whole I have failed a lot. There are also unnecessary commas all over the place and the fluency is rough. Have someone proofread and give you some edits, the content is there.
This needs a lot of work
blow this up emotion is a powerful tool, but you need to step back from it and realize that in your rush to show passion you've made a bunch of mistakes, both from the structure to the fact that this entire thing is just kinda overdone
If a cover letter is required, I'd recommend completely reworking this. It's too long and too over-the top.
Make it shorter: This could be at least 30% shorter. You definitely don't need 2 paragraphs on how sports betting got you into finance. And while that may be what got you interested, your analogy to value investing is a stretch, and it makes it hard to take seriously in this context
Tone it down: You're right that persistence is a good trait to emphasize, but there's a difference between demonstrating that quality and explicitly highlighting your "failures". It seems like you're trying to convey that you work hard and you're humble (ie: have a good attitude), but the wording is awkward and meek. Don't say that only ~1% of firms you applied to offered you an interview. Don't say "I am thankful for the firm that hired me because, they gave me an opportunity and that is all I could ask for".
Keep it simple: All you have to do is convey why you're interested in Goldman/IB, provide some background on yourself (abbreviated version of your story), and hopefully relay that you're a hardworking guy that they'd want on their team. As mentioned previously, it's doubtful that anyone's actually going to read it, but if they do, your current version isn't going to be helpful
Given that few employers read them, would you suggest that I only include a cover letter when it is required? (so I can get more applications out)
If you're going to write one anyways, it doesn't take a lot of work to customize it a bit for each incremental firm you're applying to. Assuming you have a decent letter, it can be a nice (but not necessary) touch.
If you're planning to apply to a lot of places though, all that time obviously adds up. Just up to you on how much time you have. Totally fine to not include
In a respectful tone: Is English your native language? If you need help with some of the grammatically awkward tendencies above I'd be happy to help you. (ending sentences with prepositions, verb/subject disagreement, etc)
It's probably not the brightest idea to introduce yourself to a potential employer by stating "I have failed at almost everything I attempted" in the second sentence of your letter.
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