Don’t listen to advice here
I’ll try to make this short. I’m new to this site and it blows.
This site is a joke. Interns and prospects are shitting on people left and right. PE associates are in here shitting in people. Anyone can say anything. No one and nothing are good enough. Deal size has to be massive or you suck. Comp has to be all cash and >$500k in your early 20s or you fucking suck. If you aren’t named in the WSJ by 40 then you fucking suck.
Nobody fucking cares. None of this matters. It’s a job. These dicks working their lives away and judging others are the real losers. All these jobs suck. People in the real world don’t actually know or care about the name of your bank, or the deal size, or your comp, or whatever other bullshit you spin up to make yourself feel better. It literally is worthless. Life is about family, friends, and serving those around you to make the world a better place. You will die soon. Do what brings real, lasting joy. Work is work. It is just a way to make money and live. Can you enjoy it? Sure. Is it okay to want more money? Yeah. But that’s it. You have to draw a line.
I’m in RX at a top EB. A “coveted” position lol. It fucking sucks. Everyone is miserable and my superiors are all the biggest losers on earth. Their families hate them and/or left them long ago. They’re fat and bald. They look and feel like shit. They have no real friends. They are 20x unhappier than the people I grew up around who make like $70k a year and have real, meaningful lives.
Prestige is nothing. It doesn’t pay bills, it doesn’t make you better, and it doesn’t grant you real respect from others. Please go touch grass. I lived in Southeast Asia and met people whose dream in life was to own Nikes and work at a gas station. Nobody fucking cares that UBS “sucks” or whatever. Grow up. The happiest person in finance I know lives in the Deep South, works for a firm that has never and will never be mentioned her because they “suck”, and makes comp far below the numbers here. He has a LCOL, a family he spends time with, he does service in the community, and everything else none of the people here have. He’s relaxed and calm and at peace. I’m going to quit soon and do what I can to mirror my life after his.
Go touch grass. Be very careful how you spend your limited time and energy on this Earth. Be very careful who you take advice from. Do you really think the random people on this site who spend their time shitting on everything and everyone else are who you want to be like? Do you think they’re successful and happy?
The prestige-whoring and dick-measuring have to stop. Or at least, you should stop participating. I’ll do the same. Goodbye and good luck.
will end up in distressed debt investing 🥀
Congrats on UBS!
I dont know where the conscious came from that you need to work 80 hours a week to make real money there are tons of people in finance that work 9-5s and make a shit ton of money.
before the kid, my hours were
830-11am
break for BJJ & lunch
3-5pm
YMMV
had to put in more early on but if you stay on the hamster wheel you'll never be happy
Let me guess, you had to settle for EVR Rx after PJT RSSG dinged you?
Settling for EVR Rx is insane you are proving his point😭🙏
I heard they're offering sarcasm 101 to for those settling for Northwestern after getting rejected from HBS 😭🙏
Prob would’ve got RSSG if he had gotten into Harvard instead of settling for Yale (cretin)
Okay but UBS does suck and the UBS superiors are all the biggest losers on earth. Their families hate them and/or left them long ago. They’re fat and bald. They look and feel like shit. They have no real friends. They are 20x unhappier than the people I grew up around who make like $70k a year and have real, meaningful lives.
Real
Just put the fries in the bag lil bro
Idiot post… half the posts on this joint are about how to gtfo this industry
Finding a sense of purpose involves aligning daily actions with personal values, serving others, and exploring interests through active experimentation rather than passive reflection. Key methods include volunteering, mentoring, setting small, meaningful goals, and cultivating gratitude. Purpose is often built over time through curiosity and engagement
Avoid focusing solely on material gain or seeking external validation for achievements. Instead, look for ways to use your skills for something beyond yourself
There are actually a lot of long only investment management roles where you can easily hide amongst the corporate bloat. I know people who are getting away with working 50 hrs a week and make only marginally less than people in BB IB in their same age group. The gap gets wider when you compare to EB IB comp though.
Can you explain how prevalent these jobs are and the type of people who get them? Are these cushy jobs for ex-IB or PE people, or can people with less impressive (for lack of a better word) backgrounds get there? I'm looking to pivot careers but am having trouble as my current role has very few transferable skills.
I think most of the legwork requires you to literally just look for these funds and reach out. There are so many tiny long only shops I never heard of before my friends mentioned working there scattered across the east coast (especially Connecticut and Massachusetts). If you want to restrict your search to just nyc, it becomes harder though. For straight out of undergrad half these shops only want to accept kids that went to MIT, Stanford, Harvard, etc. straight out of undergrad bc they really have no work experience to go off of in evaluating you, so they just go off of school pedigree. There are also many long only asset management adjacent roles at the big institutions like MS, JPM, Blackrock ect. that you can then put on your resume to later jump to a smaller, more chill, and much higher paying fund. It’s often easier to get into these LOAM roles at the big institutions because everyone in undergrad is so hyper focused on applying to IB that you have way less competition for these roles.
O captain my captain!
hmmm existential post...
Yeah this forum is full of low t cucks who are excited to be an employee
don't fall for the psyop guys
Everyone is different. Try to get as much information as you can while trying to figure out what's the best career move for yourself.
If you can get folks in those space to give your their truthful breakdown of the path they went on (the good, the bad, and ugly), it can be very insightful. I've had some calls like that in the past and often, it's with folks where we had a mutual contact connect us. Some alum can be like this too if they're cool / don't really care if they come off a bit rough around the edges.
10/10 post. Good perspective. +SB
At the end of the day, a job is just a paycheck to fund the things that actually matter, like family and peace of mind. Glad to see someone calling out the "prestige-whoring" for what it is. Good luck with the move to a more balanced life.
Very true. Find a job that interests you, instead of what maxes your income or “prestige”, whatever that even really means.
I hope people realize this before they're too old to do anything about it. None of this matters.
To the kid in high school who's losing his mind because he got yet another rejection from a target school: don't worry, none of this matters.
To the college kid who's depressed because he's not getting interviews for summer positions: don't worry, none of this matters.
To the analyst who's thinking about blowing his brains out because he's working 100 hour weeks, and he's striking out on exit opps, and he doesn't have an associate offer: don't worry, none of this matters.
This industry is designed to make its employees feel like shit. You don't have to let it.
Keep the lights on. Support your family. But don't let your meaningless job be the source of your self-esteem, because ultimately it doesn't matter.
yeah and anyone with a IQ above 90 could be an analyst at a BB or EB, its just how willing you are to sacrifice your life
Agreed. Although there are some genuinely good threads on here offering advice, the majority of this platform is a moid cesspit crawling with scum who find no sense of pride in any aspect of their life other than the firm they work for (often another man's name btw) or their job title. If you use this site for anything other than shits n gigs, rethink your habits. Also recommended to stay off if you have no comprehension of sarcasm.
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