7 Comments
 

Only in a few places like California.  Out there they also have esoteric water rights rules that give farmers first dibs 'because they were there first' instead of letting the market do its thing.  Here in greater NYC we have no problems. I think we've gotten about 6" of rain this week alone.

The only difference between Asset Management and Investment Research is assets. I generally see somebody I know on TV on Bloomberg/CNBC etc. once or twice a week. This sounds cool, until I remind myself that I see somebody I know on ESPN five days a week.
 

Its because of these poor staring farmers we have. They are barely making it through. Especially the avocado and almond farmers. Woe is they.

 

I mean, it is technically a finite resource in many places while abundant in many others.  I can't imagine why someone (individual or sovereign territory) should NOT be allowed use financial instruments in order to more easily meet their water needs or derive benefit from ownership of water that is "theirs."  You can get into the whole "water is a human right" thing which I frankly disagree with as I'm of the opinion that no physical resource or service can be considered a "right" because no one is entitled to someone else's labor and or property. 

"If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

Surprised this wasn't done sooner tbh. Anything can be traded as far as I'm concerned. 

Never discuss with idiots, first they drag you at their level, then they beat you with experience.
 

Sed animi autem incidunt inventore quos voluptatem. Voluptatem beatae provident voluptas nam aut soluta. Id est quas incidunt saepe est fugiat consequatur. Rerum excepturi consequuntur ratione dolor et fugiat rerum. Aliquid repudiandae voluptatibus amet quia qui repellat. Rem et nobis sed facilis.

Career Advancement Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

August 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

August 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

August 2026 Investment Banking

  • Vice President (16) $429
  • Associates (48) $259
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (25) $178
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (83) $151
  • Intern/Summer Analyst (75) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”