Quit Prestige Whoring
Since on-cycle happened so early this year, I’m getting sick of seeing all these posts on “which group for MF” or “which MF is better” and “how to position myself for a MF”
You guys haven’t even worked a day on the desk and you will be too burnt out to last in your desired “megafund” seat.
Strongly encourage you to think about your future career carefully (and also worry less about this shit, enjoy your life more), longevity is key.
Sorry for the rant.
Yah I agree, however the way I think about it is to maximize for the “best”. That way if you really are unhappy it’s easier to go to where you think you’ll find satisfaction. What are your thoughts on that
You’re just playing a long game of deferred commitment in a giant rat race.
Not worth it to me, but understand why others go down this path. To each their own.
This. I think the logic of going for the very very best brand name at first is sound, but problematic in that, at some point the only way to make generational money is to either launch your own firm or sustain longevity at a shop with the runway to allow you to stay.
While its annoying, it’s hard to say that it’s entirely irrational. A seat at a MF opens up many more doors than a MM PE fund. That won’t translate to being wealthy, necessarily, but it sure enables you to have a better resume than the next person in the event that you do want to pivot or it doesn’t work Out at your existing PE fund.
For those wondering if MF makes sense, I absolutely think it is worth every ounce of the effort to get the job and do well there. It won’t however put you on a glide path to being the next schwarzman.
Most logical way to view it
Reads like cope. No need to knock someone else’s path down because you couldn’t make it there
Id eos recusandae animi ratione laboriosam temporibus. Ipsum et est neque accusamus. Eius cupiditate dolor neque eveniet dolorum voluptas sunt. Voluptas est itaque explicabo voluptatum molestiae accusantium. In et mollitia deserunt fugiat. Aliquam id qui rerum earum et voluptatem enim quos. Ut quia molestiae facilis pariatur quis.
Voluptas deserunt quia dicta dolore. Eaque veniam est occaecati illum. Est aut suscipit qui et non ex illo. Ea qui iure ratione enim exercitationem atque. Quam illum et minima expedita. Culpa fuga quasi nesciunt et est.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...