Are there legitimate alcoholics/drug addicts in IB?

Based on the most helpful WSO content, there are indeed legitimate alcoholics and drug addicts in investment banking. Here are some insights:

• Alcohol Problems: Many bankers have reported turning to alcohol to cope with the stress and long hours. For instance, one user mentioned having an alcohol problem because it was the only way to unload stress, leading to drinking until they couldn't think anymore.
• High-Functioning Addicts: There are high-functioning individuals in banking who manage to maintain their professional responsibilities despite their addictions. One user shared that they became a borderline alcoholic, having 4-5 drinks every day after work and sometimes before work.
• Health Consequences: The intense lifestyle has led to severe health issues for some, including blood clots and chronic anxiety. Another user mentioned developing blood clots in their legs that required medical intervention due to their drinking habits.
• Psychological Impact: The stress and intensity of banking can lead to depression and anxiety. One user noted that their personal life went into a downward spiral, losing relationships and becoming chronically anxious.
• Cultural Factors: The culture in banking can sometimes encourage or tolerate such behaviors. For example, one user humorously noted that from their experience, about 150% of people in banking are drinkers, indicating a high prevalence of alcohol consumption.

In summary, while the media might sensationalize some aspects, there are real cases of high-functioning drug and alcohol addicts in investment banking, and the demanding nature of the job can exacerbate these issues.

Sources: , How much damage has banking done to your life?, , Industries/Firms with Most Partying, The Work Always Gets Done