Banker Clichés
To fellow Monkeys, what are the banker cliches that you hate hearing at work the most? Here are a list of "Banker Clichés". Bankers use colorful imagery and far flung metaphors, usually related to war or sports, to convince themselves they are on par with pro-athletes and NATO commanders.
bells and whistles - functionality in a model created using obscure features of Excel apples to apples - a certain factor must be reflected in both numerator and denominator haircut - to lower projections out year - typically where you can haircut without the client objecting north/south - used during negotiations to reveal one's position at the end of the day - nobody is really sure what this means, but it is usually 2 a.m. learning curve - the graph of your disenchantment with investment banking over time skillset - your current point in time on the learning curve heaving lifting - what the analysts do in lieu of going to the gym get some color - ask someone for something remotely insightful mileage - what you get when you use the same factoid over and over with clients fire drill - every pitchbook, board presentation, or other assignment you work on jamming - what you are doing during a fire drill slammed - what you are when you are jamming kind of/ sort of - a mitigating phrase which usually precedes an awful request robust - has more information than will ever be used sweat the details - to really make sure your spreadsheet is robust in the trenches - in a cubicle to puke all over something - to disagree with a proposal or a set of projections hockey stick - a type of projections likely to induce a massive amount of banker puke it is what it is - I have no idea how to answer your question on my game - to be marvelously able to dupe my clients on top of my game - beyond slick lay up - an easy deal to get done home run - a deal which makes people a lot of $$$ slam dunk - interchangeable - can refer to either an easy or a lucrative deal touchdown - not a banker term, you'd be fired for using this expression rattle someone's cage/ ruffle someone's feathers - to verbally intimidate eaten alive - to have verbally intimidated low hanging fruit - an easy task "I think that's right" - I have no idea what the answer is, but I want you to think I do Oh $%#!!! (Analyst) - My computer just crashed and I haven't saved in eight hours Oh $%#!!! (Associate) - My analyst's computer just crashed Oh $%#!!! (Managing Director) - My typewriter's jammed
What is your most hated clichés around the office? Do share. Do add.
My most hated clichés: at the end of the day, low hanging fruit, it is what it is.
"The upshot is..."
synergy bandwidth Skin in the game Win-Win
'ping' me
High level - usually precedes vague claims supported by shaky evidence (if any)
Boil the ocean, fifty thousand foot view, lion's share
Sometimes I get tired of bankers repeating the same old shit, like: "I love my job!" "Let's just do a half day today. Go have fun." "I'm quitting this shit to become a stay-at-home-dad." "Thanks so much, [analyst name]"
There was a thread that had a bracket of the most hated phrases and I'm pretty sure "it is what it is" was the most hated as voted by WSO users.
http://www.wallstreetoasis.com/forums/which-office-buzzwords-do-you-hate
Here it is:
http://www.wallstreetoasis.com/forums/wall-st-buzzword-tournament-and-t…
buy low sell high
Quo atque quis et rerum qui est. Recusandae eaque illo quis totam qui. Eaque vitae quidem unde debitis quam quisquam nihil.
Nobis nulla fugiat voluptatem ut quo. Eos non ut expedita porro. Blanditiis distinctio sint omnis.
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