So I've had this hunch for a while and wanted to get others thoughts. Before you think I'm crazy and sleep deprived just look at the evidence I am about to bestow upon you all. Over the past year I've been growing suspicious that my MD is a vampire... There are several reasons...
**Update:** See the Non-Target Edition <a href="https://www.wallstreetoasis.com/forums/by-popular-demand-ranking-the-douchiest-people-you-will-meet-on-wall-street-non-target"> here</a>. <h3>The HPY Kiss Ass:</h3> Imagine this: The entire analyst class has to...
What do you think? What is a sign that you have really succeeded in life? How high have you set the bar for making it? <em> #8 top discussion of 2018 </em>
Hey guys. I'm a 29 year old white male with a loving wife and 1 year old son. I went to a state school (Cal State Fullerton), graduated with a 3.1 GPA (didn't give a crap about school, just partied) and then got a sales job. Then I busted my ass (I'm not analytical or smart, but...
I'll start us off. The first one is not quite dumb, but funny nonetheless. I applied to a retail banking (teller position) internship years ago to get some first-hand interviewing experience, knowing very well I didn't want to go into retail banking. When the interview was over, I...
Patrick surprised me by getting a site feature implemented within 36 hours of its suggestion (context [here](https://www.wallstreetoasis.com/forums/is-wso-serving-its-purpose-still?page=0#comment-1644284)). I want to test out the new feature where only Certified Users can respond, so I took a...
<em>Mod Note (Andy): <a href="https://www.wallstreetoasis.com/forums/burnout-life-choices#comment-1707407">make sure to see the top comment below</a> by user APAE</em> All, Created a burner account here to talk about burnout and life choices. For...
Pretty self-explanatory: just looking for traits/habits/characteristics of interns that really piss you off and might preclude them from getting a <abbr title="full time">FT</abbr> offer.
Is it just me or is it cringeworthy when someone lists experiences such as "Pizza Hut Delivery Guy" on their LinkedIn profile? Or how about that person that has 6 languages on their profile 4 of them being listed down as "Elementary Proficiency". Or those profiles that have...
Lol definitely want to hear what some of you have to say about this. I'm sure there are some good stories out there.
Story time. What prompted me to start this post: I was interviewed today for a <abbr title="private equity">PE</abbr> Role. Interview went great. Was scheduled to be 30 minutes, lasted an hour. Answered every question he threw at me as if I was Amazon's Alexa. Note:...
Bernie L Madoff
Examples: -"We have great team culture" -> they are neutral with each other -"Facetime is not required" -> but they'll call you out if you don't show up -"We love you / We want you to come in immediately" -> they actually can't f***king...
What's something you said in an interview that made you want to bitchslap yourself? I'll start. Back when I was a junior looking for <abbr title="summer analyst intern">SA</abbr> positions in <abbr title="investment banking">IB</abbr>, I...
So I go to a top school, so think Harvard, Yale, or Princeton. And coming in, I almost felt a sort of insecurity, because I thought that I would be up against the grinders whom I knew in high school, and against kids who went to the best boarding schools, which everyone knows prepare kids well....
Hello, I am not proud of what I have done but I think the US academic pushed me to focus too much on academics rather than the actual content. Background: I am an international student and my undergrad was business, I had the chance to be accepted in an intensive computer science grad...
I have a friend who’s doing a summer internship at a bank (not <abbr title="bulge bracket">BB</abbr>, but a smaller place). His boss invited a bunch of the employees on his boat July 4th and all was good… until the boss broke out the Old School joint and started...
In light of the “Piper Jaffray: Sweatier Than Ever in 2018” thread ([link](https://www.wallstreetoasis.com/forums/piper-jaffray-sweatier-than-ever-in-2018)), I was inspired to share the biggest professional regret of my career so far, however early in my career that it may...
<strong>Mario</strong> - Rational asset allocator, owns a good mix of low-cost index funds and ETFS <strong>Luigi</strong> - Incapable of second level thinking, investment theses are that he "believes in it", writes disingenuous Seeking Alpha articles, has...
There are plenty of posts on here about whether or not <abbr title="investment banking">IB</abbr> or other finance jobs are "worth it." However, I haven't seen many posts on whether or not people on here think that they're worth all of the benefits that...
I'll start. Mine is more or less James Franco, but backwards. Woah, genius. I know. It took me a while to come up with this one.
What technological advancements or updated social norms are you not following? I like to think I'm a pretty forward-thinking guy but I still always prefer to pay with a card/cash, over using Apple Pay on my phone. What are you old-fashioned about?
Not too long ago, I was an undergrad. Reaching out to people that I have never met. Praying and hoping that they would perhaps read my Linkedin message and respond. In this process, I learned what rejection felt like but also met a ton of people across the different segments of finance and was...
Liquor, hash, Mary Jane, Molly - what's your preferred substance when it comes to taking the edge off or making things just interesting enough? I've gone through a few, including all of the above, a few hallucinogens, some experimental stuff that is said to be produced by the brain...
With the holidays approaching, I'm curious how you all deal with the awkward family gatherings. More specifically, does anyone else feel despised by their own family now in regards to their career choice? Personally, I have a VERY blue collar family. My immediate family consists of...
I have a super slow day at work today and found myself thinking about some ridiculous travel stories I've had from the past few years and want to canvas <abbr title="Wall Street Oasis">WSO</abbr> for some of your own. Can be anything from a weird or funny adventure to...
Hey all, so the question is relatively straightforward. Specifically for monkeys in their 30s/40s, where are you in your career right now vs. where you thought you would be in your 20s? This can include job function (ex. moving from <abbr title="investment...
It seems like lately there have been more posts about saving money and how to accomplish fiscal responsibility. That's nice and all, but everyone splurges on something, no matter how fiscally conservative they are. I happen to think a topic like this would be a lot more interesting than...
The signs were all there. I wasn't a great student in college, but it wasn't the content of the work that killed me. It was the little things like attendance, being on time to things, paying attention to the instructor, setting aside time to study, and following the instructions...
Working 55-60 hour weeks every week of the year has made me forget what it feels like having a 9-5 job. So those who do, what does it feel like?
Pump and Dump
Is this the new age of pussyfying men? I thought most of the commercial was laughable. They even included a TYT clip in it...lol.
el bee oh
After working in <abbr title="private equity">PE</abbr> for a while I am thinking of applying my skills learnt on the buyside and transferring them to the dating scene. <h4>Step 1</h4> Find the good opportunities. Search through Instagram, Facebook and other...
i resent my tiger, helicopter asian parents. they were basically amy chua. i had no fucking life growing up. no video games. barely any friends. no TV. all i did was school, academics, etc., after school academics, violin, etc. fucking horseshit. all my parents cared about was GPA, how well I...
Heard Wilbur Ross's comments early about government employees going to homeless shelters/food banks as they are on the eve of missing a second paycheck. Just wanted to hear the finance/"Oasis" thoughts on this matter. For me, on one hand, obviously this isn't right,...
I'm a lot more ambitious than people around me and how I just can't relate with them because they have no aspirations, don't plan long term, etc.(I go to a non-target state school) It got me thinking about why I'm so professionally focused and want to get into a top firm and...
With no further ado, from most to least douchey... **The SEC Frat God:** Perhaps the most identifiable of all the non-target Analysts, mostly because he looks like the exact opposite of everyone else around him. Instead of the gelled slick-back, he's rocking a poorly trimmed Frat Mop...
Currently being in the hell that is non-target recruiting one exercise that I constantly do to remain optimistic is to imagine what my perfect day would look like. My perfect day would look something like this: - Wake up 4 <abbr title="asset management">AM</abbr> Run for...
What is the most prestigious job opportunity you've ever seen someone get or take directly after college?
Mostly Random Dude
Since we are talking about savings and cost of living, I thought it would be interesting to share "hero to zero" stories that you have seen. I'd imagine anyone working in finance has seen at least a few cases of some dude overextending himself financially and blowing up after a...
I remember back when I was I kid, which wasn’t actually that long ago... I used to think everyone in high finance was like Harvey Spector or something. Found the idea of working in a place like Pearson Whatever extremely intimidating. But then I got to college, did an internship, worked as an...
So for the past several days, I've been getting DMs from the website moderators that my posts have been removed. Can I ask why you all are so angry? I've had so much MS thrown my way, it probably triggered some sort of red-flag. Lol like seriously - every other day, there's some...
After a long day of watching our dickhead CFO haze the new analysts with his miserable sense of humor, I've been reflecting about some of the biggest dickhead moves I've ever seen a superior pull on a subordinate in the office. I think my top three are... 1) During Christmas party a...
Any creative subtle solutions on dealing with a cocky intern who likes to re-iterate everything you say and talk over you?
Since most women in clubs are just looking for one night stand/brief flings and <abbr title="investment banking">IB</abbr> girls have superiority/feminist complex. So where do you find those other wife type girls?
Hey y'all, I am just wondering if this has like happened to anyone else before. I was interviewing at a F500 the other day, and halfway through my 6 mini interviews I was interrupted by the HR head telling me the interview was done and for me to exit the building. It was pretty...
Do any of you cry if your MD/PM yelled at you for screwing up, or coming late, etc.? Or simply feeling irritated by your MD/co workers who speak in a stern voice? How do you stop taking all of this personally, and realize that all that matters at the end of the day is money?
According to a [recent WSJ/NBC survey](https://www.wsj.com/articles/americans-losing-faith-in-college-degrees-poll-finds-1504776601), a staggering estimate of 47% young Americans feel that a college degree is not worth it compared to a 49% who do. *That* is a pretty close divide which is...
Hey - I just wanted to stop in and tell you guys how I paid off approximately 60K in student loan debt. I went a very cheap/frugal route, but maybe you can apply my methods to your day to day. This post is for the middle class kids who don't get enough financial aid and/or scholarships....
Greetings Monkeys; Starting a Certified User Thread to find out from those who are established in their career to share perspective on Establishing Executive Presence. As an example, I am in a new role where I am to convey our firm's point of view on the state of the industry to...
Watched the FYRE documentary over the weekend (the Netflix one, not HULU). Did anyone else see this? Wanted to see what everyone else was thinking. Mainly, it's crazy how people think they take/scam people out of their money, and also, how people get scammed out of their money. Made me...
Easy, non-controversial question. I am expecting a clearcut winner to emerge. Let the recommendations fly.
We have all been there, some d**k just pushes our buttons to the level where we consider knocking this dude out cold or just being a complete douche and making him regret his entire existence. What did you guys do? When were the times when some bumblefuck gave you the hardest time staying...
Fellow monkeys, Online probably isn't the best place to seek for advice but would like an external perspective regardless. Some background: HYP undergrad, and a current 1st year associate at a <abbr title="bulge bracket">BB</abbr> Financial Sponsors Group in...
I've personally been looking for a socially liberal fiscally conservative candidate for some time (classical liberalism if you will). anti-border wall, anti-deficit, anti-UBI, pro-environment... a couple of faux pas with race while at SBUX, but this sounds promising. what does WSO...
As you all know, I'm a bit older, but not one of the oldest guys on <abbr title="Wall Street Oasis">WSO</abbr>, been with my wife for a while, and we're at the age where people are constantly asking us when we're gonna have kids, as if it's a guarantee....
So Warren called billionaires freeloaders because they paid around 3.2% of their total worth as tax this year while the rest paid 7.2% of their wealth. I think it is f***king stupid that he used % of total worth to say that billionaires are "Freeloaders". But I might be the one...
Curious how this varies across cities. In SF, it seems living anything above a bare minimum life-style requires $130-140k, after retirement contributions, healthcare, etc;. Pre-taxes you're talking closer to 165-180k. <abbr title="New York City">NYC</abbr> seems...
I recently saw a topic asking users to <a href="https://www.wallstreetoasis.com/forums/what-has-been-the-biggest-choke-in-your-life">share some of their biggest chokes in life </a>, and thought I'd start a similar thread of my own. Any stories? I'll start with...
We all know "the path:" 2 years of <abbr title="investment banking">IB</abbr> + 2 years of <abbr title="private equity">PE</abbr> + 2 years of <abbr title="Masters in Business Administration">MBA</abbr> + ???? =...
I'm starting this thread to discuss what <abbr title="Wall Street Oasis">WSO</abbr> users' plans are for later in life. So much of <abbr title="Wall Street Oasis">WSO</abbr> is, understandably, about getting started in careers, but I'm...
Title says it all. There are plenty of discussions on here about the value of luck vs skill, so for you personally, what percentage of your success (or lack thereof) is due to luck and what percentage is due to skill?
Hi all, This past month a fellow summer analyst asked me if I thought management would mind if he took a 2 week vacation to visit his girl friend in Italy. Let me remind you that this is a 10-12 week internship... This guy has always been sort of an odd ball, but this was plain shocking....
Looking at how outrageous the entire system has become and wondering how you guys think this will turn into. Any takers?
Just curious if it's changed anything for anyone else? Not going to lie, it's made me very paranoid, I don't meet anyone (male or female) at all unless it's in a public place and I had cameras installed with audio at our main office. I talked to a few executives at...
I guess there are two sides to these kinds of stories: the geniuses that used their intelligence to achieve big things in their careers/lives and the ones that didn't. The terms "genius" and "prodigy" are used pretty loosely these days so I guess the answers to this...
###What Kind of Background Do You Come From? What did your parents do? What led you to an investment banking career?
What Up Everyone, So I just had the most bizarre experience last night. I am currently a first year analyst at a bank up in Boston, and I was visiting a friend who is also working in the city. There were some other people at his house, a fairly SJW crowd, but they were led by this absolute...
The typical investment banking analyst's salary spending is known to be fairly tight if you live in <abbr title="New York City">NYC</abbr> or SF and practically save nothing, but how do the pre-MBA/post <abbr title="Masters in Business...
So we all know that expectations usually don't meet reality: 1. Banking -> <abbr title="private equity">PE</abbr> isn't the multi-million dollar promised land 2. Academia to professorship is a nightmare process with slim chances of tenure 3. Becoming a...
And why is it Texas?! But really, I’d be interested to hear where some of you live and the pros and cons that come along with each area.
Dead or alive. Fun interesting people, influential role models, mortal enemies, the bourgeoisie, whatever you think will make for an interesting conversation. I've got two picks: Danny Porush, I think he'd be fascinating to talk to about his time with Stratton Oakmont and Jordan...
The more I mature and expand my scope the more embarrassed I am of my immediate and extended family. I just can no longer ignore or normalize the cyclical nature of their perpetual ignorant decisions, their low culture attitudes & values, adults who don't read anything, exclusively eat...
Just curious what the brilliant minds of <abbr title="Wall Street Oasis">WSO</abbr> have to say about this. Obviously it's a good idea to pay down debt and not spend your money on a sports car, but also given the current interest rate environment - maybe it makes sense...
Deal Team Six
I've worked very hard a handful of times to go above and beyond what any other applicant did in order to secure positions I really wanted. After having just put together a pitchbook (and all relevant supporting models for a <abbr title="summer analyst intern">SA</abbr>...
I have literally daydreamed about being asleep. Like not the feeling of the bed, not the relaxation, nothing like that, just purely me being unconscious so my MD can't ask me to put off sleep anymore.
I’m in a new city and pay a little more for rent than I would have liked, so I tried to lay some ground rules for myself to help keep spending down. I want to save aggressively, and pay my student loans off somewhat aggressively, so hopefully this helps: - No eating out during the week,...
Where do you fall on polygamy or polyamorous relationships, and the various forms these can take? It's becoming quite a real choice to most people that some can make, whether they describe themselves as non-monogomous or not, and it's not surprising with the openness and comfort that...
I am 23 and work in commercial real estate finance at a big bank in <abbr title="New York City">NYC</abbr> (9-6ish job), and have been an avid poker player (gave me some $$). I put all of my poker money ($120kish) into bitcoin at around $2.5k/3k per coin and sold at around...
How I Passed the <abbr title="Chartered Financial Analyst">CFA</abbr> Exams Back-to-Back-to-Back ###Level I: January 2, 2016 was the first Saturday of the year and the start of my Level I studies. At the time, I was working in real estate equity research and my hours...
I am late 20s/early 30s and I have been starting to ponder this question. I read somewhere that men with spouses make more than men without...I also know that a divorce can tear your wealth into shreds. I know a guy who had 1-1.5MM in the bank in a Low COL area, got divorced, had to pay...
Any questions on life in finance in Hong Kong? AMA i've been here since 2005, worked in <abbr title="investment banking division">IBD</abbr>, and then <abbr title="private equity">PE</abbr>. It's been a while, but happy to help if anyone...
[Article](https://www.marketwatch.com/story/argentina-hikes-interest-rate-to-60-in-failed-effort-to-stem-peso-plunge-2018-08-30) What does this mean in the grand scheme of things?
I just finished reading the book Pedigree: How Elite Students Get Elite Jobs (Princeton University Press), which was written by Lauren Rivera, a professor at the Kellogg School of Management. She spent time in the recruiting process at several elite consulting/banking firms to research into how...
I have absolutely loved the CU-only threads that have been started recently and wanted to start one of my own in case it comes time for this feature to no longer be available. So, my question is this: what are some of the strategies, stories, best practices, etc., that some of you guys have...
Article in NYPost today about how millennials are quitting high-paying jobs simply because the work is boring and the hours are too long (though one guy in the article complains about his "50 hour weeks"... guess he wasn't in...
Markets are cyclical, interest rate cycles are inevitable, and even when history doesn't repeat itself...it tends to rhyme. So where are we in the market cycle? I have my own opinions but yours are more interesting. Take a look at the chart and weigh in. What's your strategy at...
As the name suggests, I want to know what words you guys hate/hear the most. This can be anything from small catchphrases to pretentious words that add no meaning. The word I hate the most is robust. SO many firms use it when talking about recent deals.
What are you proud of? Your sexuality? Great, Fine, I am too. But why do you need a parade to flaunt it? Furthermore, why do gay men have to flaunt their shirtless bodies on the pride parade like they are in a Sex Shop or working for Chippendale’s. If you want people to accept you for...
I'm wondering when you decided to have kids and how it affected your career. Was there a point at which you felt ready to have a family? Did some of you start off wanting children and then decide not to, or vice versa? I know that family life is traded off with a career in finance in the...
I’m VP at a <abbr title="bulge bracket">BB</abbr> in a <abbr title="back office">BO</abbr> role. Our cohort of summer interns just finished so thought I would do an AMA. To kick off, here’s 5 things I would advise to students after going through...
Did you accomplish what you wanted to in 2018? And what do you want to accomplish in 2019? Please discus.
I've read a number of posts on this site from young people who talk about not wanting to take the traditional path and "work 'til I'm 65;" early retirement seems to be a paramount goal for a lot of of people. My question is, what is the nest egg you would feel...
Right now I'm thinking I will save about 15% of my gross income. I would be interested to hear how much others save, does it rise as income rises, or fall due to lifestyle creep?
<em>Mod Note (Andy): Below is a recent informal Q&A between a student and <abbr title="Wall Street Oasis">WSO</abbr> Super User @thebrofessor". They gave me permission to re-post on the site so more people could benefit from his responses....
Let's get started with the basics, I know everyone's got an obscure favorite whiskey, aged 40 years and produced only in one of the flyover states twice a year yadda yadda yadda but thinking about all of that right now is making me verklempt. But I'm wondering about the basics...
Sometimes when scrolling through the different forums on this site I can't help but notice the different types of annoying people. These are the types of users that cross my mind: 1. **The (Douchebag) Braggers:** Just because you landed a summer internship at Goldman doesn't mean...
One of the most commonly obsessed over topics in Finance conversations and forums is Exit Opps. It's always about that next big move. In high school you're just worried about which college will give you the best internship opportunities, once you get that first internship it's...
OK, so according to my parents I "still have my communion money" (I do, minus what I lost on Global Crossing) My GF recently blew up the tranny on my old Jeep. That means I need a new car. Prestige is a non-factor (thank you Manhattan) I Take the train to work, what should I buy for...
Worthwhile opinion piece this weekend from Wharton professor Adam Grant - ["What Straight-A Students Get Wrong"](https://www.nytimes.com/2018/12/08/opinion/college-gpa-career-success.html) [quote]The evidence is clear: Academic excellence is not a strong predictor of career...
What you would change and what advices you would give to a 20 years old kid to be successful in life does not matter if it's in finance or another field!