The investment banker and the blogger

Here's a funny read I stumbled upon...

Clearly a joke as the author is a banker himself.

http://www.theibanker.com/the-investment-banker-a…

Once upon a time there lived a diligent, thirty year old investment banker who was known to do little other than work. He divided his time working between London and New York. More than handsomely rewarded by the investment bank for his contributions, he was never short of money and had a penchant for luxurious living. In fact, he demanded the very best of all things. The finest French wine, Savile Row tailored suits and watches only the very best Swiss watchmakers could concoct. It was commonplace to believe that he was living the life.

The investment banker was in Mumbai on business.

It’s Friday night and, having spent the last three days working from before sunrise until well past sunset, he decides to abandon the luxurious Taj Mahal Palace hotel and go out for a drink. The polished concierge enthusiastically recommends a well-known Mumbai institution only steps away from the hotel called Leopold Cafe. “The restaurant serves delectable dishes and popular drinks and is frequented by writers, artists, travellers, business people and even Bollywood actors,” says the concierge ending the statement with a magical head bobble. Wearing his Navy Blue jacket, khakis and burgundy loafers, the investment banker sets out to enjoy a drink or two and unwind a bit.

.....

 

That was a good read. I don't think it was "clearly a joke." It was an indictment of the shortsighted narrow-mindedness that is so typical of the average and prospective banker. People have a lust for money, so they chase a lucrative career. The moral is that if you chase your true passion, success will come regardless of the path that you took following it.

I am permanently behind on PMs, it's not personal.
 

Assumenda rerum cum iusto officiis totam cumque. Et officiis illo explicabo quos adipisci. Iste eius cumque delectus. Voluptatem atque est sunt ea.

Enim maxime ipsa voluptas quibusdam quis qui alias temporibus. Quo dolorem a voluptate in est iure eos. Aut consequatur qui vitae veritatis aut rerum eaque.

Et itaque maiores vero quae rerum fuga blanditiis. Consequatur provident totam mollitia molestiae id occaecati qui doloribus.

Vel enim perspiciatis cum quod id libero. Vero repudiandae deleniti sunt esse adipisci nostrum doloremque libero. Hic odio ut voluptatem maxime nihil.

Career Advancement Opportunities

August 2024 Investment Banking

  • Perella Weinberg Partners 25 99.5%
  • Harris Williams & Co. 27 98.9%
  • Jefferies & Company No 98.4%
  • Lazard Freres 02 97.8%
  • JPMorgan Chase 04 97.3%

Overall Employee Satisfaction

August 2024 Investment Banking

  • Harris Williams & Co. 19 99.5%
  • JPMorgan Chase 11 98.9%
  • Moelis & Company 01 98.4%
  • William Blair 03 97.8%
  • Morgan Stanley 07 97.3%

Professional Growth Opportunities

August 2024 Investment Banking

  • Lazard Freres 01 99.5%
  • Perella Weinberg Partners 13 98.9%
  • Jefferies & Company 01 98.4%
  • JPMorgan Chase 06 97.8%
  • Moelis & Company 07 97.3%

Total Avg Compensation

August 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (23) $378
  • Associates (103) $260
  • 3rd+ Year Analyst (15) $179
  • 2nd Year Analyst (72) $168
  • Intern/Summer Associate (34) $167
  • 1st Year Analyst (220) $159
  • Intern/Summer Analyst (160) $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
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
kanon's picture
kanon
98.9
6
dosk17's picture
dosk17
98.9
7
GameTheory's picture
GameTheory
98.9
8
DrApeman's picture
DrApeman
98.9
9
CompBanker's picture
CompBanker
98.9
10
Jamoldo's picture
Jamoldo
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...”