Anyone else hate Gen Z?

Easily the worst generation in terms of intelligence, style, social skills, whininess, politics, and general contribution to society IMO.

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (174)

  • Analyst 1 in S&T - Equities
Apr 15, 2021 - 12:00pm

It's almost not even their fault. Insanely spoiled and their generation has really never faced adversity, so any perceived slight or adversity becomes a major issue to them. Former generations lived through the great depression or WWII or Vietnam etc. Imagine a draft today? 

I was speaking with my grandmother recently and realized how many members of her family died very early from diseases that we now do not worry about. She is also from a third-world country. Gen-Z thinks that COVID is one of the worst diseases to ever happen and they aren't at risk of dying from it or even being hospitalized. If TB, Polio, etc were still around they would demand a permanent lockdown and would not be able to function at all.

Most Helpful
Apr 15, 2021 - 12:05pm

Hard times create strong men. Strong men create good times. Good times create weak men. And, weak men create hard times.

G. Michael Hopf, Those Who Remain

The statement has never rung more true than in the present day in my opinion. We have this absurd grievance culture that's developed precisely because people don't face enough adversity and instead feel the need to manufacture problems where there are none (or at the very least incorrectly attribute the causes of problems and try to solve them with equally incorrect policy). Of course a substantial amount of fault resides within the activist groups and corporate media who make their living off of finding problems, feeding dissatisfaction, and promising people the solutions to their problems in exchange for more authority over them.

Array

  • 59
Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
Apr 15, 2021 - 12:02pm

I'm part of Gen Z and would definitely agree the work ethic is not great, but would also say a fair amount are quite intelligent 

Array

  • 7
  • 1
May 14, 2021 - 2:28pm

yeah dude, reverse flynn effect, but also i think nobody actually believes iq is a good measure of much anymore, definitely not of overall intelligence. you should also note that this trend has been happening for many decades, not just for gen z

Array

  • Intern in Consulting
Apr 15, 2021 - 12:19pm

I am a member of GenZ, and I completely agree.  I cannot stand a lot of my peers for those reasons. Specifically the whininess, social skills, and politics, as well as selfishness.  

Whininess & entitlement- easily the most frustrating thing about my peers.  I go to a target undergrad and there's so much entitlement among my peers.  For example, in freshman year biology lab, someone complained that "If you do the work, you should get an A"  As if she is entitled to get a good grade. Another friend of mine was looking for jobs and was like "This is so frustrating, nobody is reaching out to me with opportunities" (under the impression that a job should fall in his lap).  People also seem to have this snooty, elitist mindset that they are 'better' than people who didn't go to a selective college.  

Politics- People just blindly following the SJW stuff and refusing to speak with anyone who opposes them.  And quite frankly, I have a few conservative friends who are like this too.  What I hate most is people post stuff just to be 'performative,' meaning the main purpose is to showcase to others that they are 'woke.'  This is so relevant with masks, when people post stuff like "wear a mask, social distance...." Like everyone knows to wear a mask, but he/she posts that to show the world that they are pro-mask. It's about feeling like you are making a difference, not actually making a difference.  This ties into selfishness- despite being "woke," I feel that my peers are selfish.  Posting things on social media just for attention, people complain and make a stink just because a piece of language offends them.  

Social skills- Social media has lowered the amount of in person socialization people do.  And the pandemic has accentuated that.  I will fully admit that I (a 21 y/o male) have never asked a girl face-to-face on a date.  And I feel like many, many guys are in the same boat as me.  Why? Tinder and bumble enable me to lie on my bed and message girls with virtual no consequences.  My and my peers' ability to build and maintain authentic friendships is not good.  Especially if most of my peers have low social skills, it's hard to build friendships when most people don't really know how to.  I am lucky to have some great friends in my life, but I know people who literally have beef with all their 'friends'.  Some girl I know literally calls every guy in our friend group "a woman hater" for a completely different reasons, then she wonders why people don't gravitate towards her and why guys don't want to hook up with her.  It's very sad, and accentuated by the fact that I haven't seen to most of my friends face-to-face in over a year due to the pandemic.  

  • Intern in IB - Gen
Apr 15, 2021 - 3:13pm

I will fully admit that I (a 21 y/o male) have never asked a girl face-to-face on a date. 

Bro... you gotta fix this asap. You're missin out on so much talent. The hottest girls at my school didn't have tinder/bumble bc they met so many guys through greek life that they didn't need it. That said I know that some of them downloaded hinge mid-way through the pandemic bc they were bored so things may have changed. But nothing beats picking up a girl at the bar or wherever. Tinder feels almost like ubereats to me 

  • Intern in Consulting
Apr 15, 2021 - 3:56pm

lmao, I know and I want to, but my school is all online right now.  Bars and clubs are still not open in my city.  I've been hitting the gym and preparing for the fall.

  • VP in IB-M&A
Apr 15, 2021 - 4:07pm

"This is so frustrating, nobody is reaching out to me with opportunities" (under the impression that a job should fall in his lap)."

This is what bothers me the most. And it's even worse than that: Some of them won't even respond when you actually do reach out to them with an opportunity. In the past few years I've reached out to college-age kids or recent grads I knew well (adult children of neighbors; former interns) with opportunities--essentially offers to get them interviews and recommendations for some open jobs I knew about and for which I thought they'd be good fits. These were all kids who had expressed an interest in banking/finance. I've had two kids completely ignore these offers. I mean, not even acknowledge receipt of the emails or phone messages. No response whatsoever. 

These weren't kids with a bunch of offers lined up already, and the roles were commensurate with their backgrounds or education. These were potentially solid banking gigs. And these kids couldn't even respond to an email from someone who was essentially offering to vouch for them.

I get it. Maybe it wasn't what they wanted to do, maybe they didn't like the job title or the industry being covered, maybe the work wasn't sexy enough, etc. Whatever. But all I needed was a "Thanks, but not interested." Just a smidgen of communication, courtesy, and closing of the loop.

Maybe I feel differently because I came of age during the financial crisis when the job market was so completely in the tank that I couldn't get a person to return an email or call for the 100+ shitty entry level jobs I had applied for that had nothing to do with what I had studied or the career path I wanted. But that lack of communication--that arrogance when you are a 22 year old who hasn't proven anything yet but you can't even give the person offering you an opportunity a courtesy no--I just can't believe it. Flummoxed.

It's not all of them, of course, but there are a lot of young people who have had it so good that they don't care if they burn bridges. Not good.

Apr 15, 2021 - 6:55pm

Just agreeing that college students are so hilariously unresponsive. I know it was intimidating to reach out to people when I was in college, so I occasionally reach out to students that are in the same groups I was in, etc. offering to talk through roles in finance. What stands out is just inability to respond to emails, send out calendar invites, keep to agreed upon call times... craziness

Apr 17, 2021 - 7:40am

Extremely well said sir, I'm a 30yr old guy and you summed up my thoughts about Gen Z perfectly. Obviously I'm sure we millenials had our issues, but we at least grew up on the cusp of social media (Facebook wasn't a big thing until my first year of college) so knew a world before it. Now it feels like Gen Z have never known any world before social media - and as such you get the impression that for many of them their entire lives is a "performance" (even offline) where they blindly follow SJW stuff not because they believe in it but just to look good. As you say, they just want to look like they're making a difference rather than actually making a difference.

I also blame social media for the entitlement - you only need to go to r/politics on Reddit and read through the comments, there are an awful lot of kids on there who graduated with a liberal arts degree from some random college, complaining about their student debt and that they're not earning enough to buy a house at the age of 24. Instead of doing any introspection/self-analysis, they always blame "evil billionaires" (while using all their products ironically e.g. Facebook) and want Bernie Sanders to turn us into a socialist state.

Obviously back when I was a teenager you saw celebrities' lives on MTV etc, but it wasn't the same as social media - now it feels like kids are growing up constantly being exposed to the privileged lifestyles of their more affluent peers and also celebrities, and feel like they deserve that lifestyle too.

So yeah in summary I personally put the majority of the blame on social media. It will probably be even worse for the generation that follows.

Edit: as another poster says, as soon as bars/clubs have reopened get out there and start chatting up girls at the bar! I use online dating a lot myself, but nothing beats chatting up a hot girl at the bar after a few drinks - and tbh in person I'm usually able to close much hotter girls compared to online. Plus if you get good at it you'll be miles ahead of your peers who can't even speak to a girl unless it's online lol - so there won't be much competition!

  • VP in IB - Cov
Apr 15, 2021 - 12:38pm

They are a generation raised alongside instant gratification, gratuitous spending, massive debt, memes and shit like Siri, Google and algorithms doing any semblance of work for them.
 

86% of them want to be influencers. Not bankers, not programmers, not doctors... influencers. Cannot wait for their bubble to pop and have all of them be faced with those things called consequences. 

  • Analyst 1 in S&T - Equities
Apr 15, 2021 - 1:44pm

For many of them, the blow will be cushioned by their parents/inheritance/etc. The rest are completely screwed and I'm looking forward to watching. 

Apr 15, 2021 - 9:35pm

The problem is those same people will vote in Sanders/AOC to take money from those who have been working hard. You won't be sitting on the sidelines. You will be experiencing high net wealth taxes. 

Array

  • 2
  • Analyst 1 in S&T - Equities
Apr 15, 2021 - 2:06pm

I think once they get into organizations they stir even more trouble because they can never just operate in the confines of any organization. They demand changes of whatever they deem to be unfair etc.

Apr 15, 2021 - 9:36pm

Is it true though? I don't see that to be the case in corporate America. Consider the most recent example with MLB , Hollywood pulling out of Georgia due to the voting laws and Delta, Coca Cola actively condemning the formation of the laws. 

Array

  • VP in IB - Cov
Apr 18, 2021 - 9:47pm

The idea was that they are eschewing high paying careers (that require a bit of elbow grease to break into) for dreams of making money off of selfies

Apr 17, 2021 - 1:19pm

Cannot wait for their bubble to pop and have all of them be faced with those things called consequences. 

Completely agree. Although when their bubble bursts they won't have any introspection or blame themselves - just look at r/politics on Reddit, there are tons of posts from ppl who did a liberal arts degree at a no-name college and are now complaining about their student debt + not being able to afford a house at 23/24 which they "deserve"

Their solution? Blame evil billionaires (whilst using Zuckerberg's products every day ironically) and say Bernie Sanders and AOC should be running the country.

  • Intern in AM - Other
Apr 15, 2021 - 12:47pm

People have said this exact same thing about every subsequent generation going back centuries. I'm sure you all remember the articles and criticism on 'lazy millennials' 10 years ago, and those same millennials are now criticizing Gen Z, and then 10-15 years from now we'll criticize the next generation for something else. Nothing new

Apr 15, 2021 - 9:51pm

"Children; they have bad manners, contempt for authority; they show disrespect for elders and love chatter in place of exercise. They no longer rise when elders enter the room, they contradict their parents and tyrannize their teachers. Children are now tyrants."

Socrates 

Apr 15, 2021 - 8:14pm

People have said this exact same thing about every subsequent generation going back centuries. I'm sure you all remember the articles and criticism on 'lazy millennials' 10 years ago, and those same millennials are now criticizing Gen Z, and then 10-15 years from now we'll criticize the next generation for something else. Nothing new

Let's be really clear here - millennials are shit too. Probably worse than Zoomers. Boomers were also pretty shit when you compare what they inherited vs what they passed on. The Greatest Generation was really, really great. Gen X was middle tier. It's a lazy just-so narrative to argue that "well every generation has hated the youth". Maybe, but that doesn't mean that there aren't truly meaningful differences between generations. 

  • Intern in AM - Equities
Apr 15, 2021 - 1:00pm

As a gen z it's nice reading about the stereotypes and me being the opposite in every aspect. Feels good man. 

Apr 15, 2021 - 10:43pm

iercuI'm a member of Gen Z, and yeah I kinda hate my own folks too.

Agree as well, cant fucking stand anyone sometimes

path less traveled

Apr 15, 2021 - 1:34pm

Yes, it is hard to take someone who dances in front of their phone to get recognition from their peers seriously.

I can't believe I'll be hiring the Fortnite and Tik-Toc generation in a few years. God help us all. 

Apr 15, 2021 - 2:23pm

I still hear stuff like, "Those Millenial college kids are so annoying" and stuff like that. We keep getting bashed by proxy.

Array

Apr 15, 2021 - 4:18pm

One truth about human history is that older generations will complain about younger generations.

I don't know if I'm a zoomer or not, since this pseudoscientific shit has no universally agreed upon an official timeframe for generations - I was born in 1996, and up until like 2 years ago I considered myself to be a late millennial, then sometimes I see my birthyear being classified as a zoomer year, other times as a millennial year, so I don't know.

Anyways, here's the thing:

1. If anything, zoomers are equally as smart or even smarter than millennials (probably true for the youngest zoomers). What has been true for some decades and hasn't changed so far is that people in general have access to better nutrition and stimuli, which, apart from genetics, are the main drivers of intelligence. On the other hand, what we are dealing with is a pandemic of short attention span (which is true across the board, not only for zoomers) caused by social media and smartphones. Having a short attention span doesn't impact intelligence, but the outcome of it

2. Zoomers are the second youngest generation alive (behind alphas), so it doesn't make sense to compare them with previous generations. How can you assess the quality of a generation whose oldest members are in their early to mid 20s?

3. Someone said here "Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times." Well, boomers and gen-Xers are the weak men. They were born and raised in a time of economic expansion and low social tension (yeah, I know that there were periods of sharp social tension in the past, but nothing in the past 5 or 6 decades compares with the generalized polarization we're seeing these days):

- They were able to start and spend most of their careers in a world where you didn't need a college degree to make money, and if you got one, that only enabled you to make even more

- They are the ones who made the stupid decisions that created the problems we have to deal with right now and will deal with for the time being

- They are the ones who complain that millennials and zoomers are lazy and whiny bitches because they "already owned a house and a car at 25" without realizing that these things were way cheaper back then

- They are the ones who were able to date in a world without Tinder and social media, which have made the dating market way more competitive than it used to be, producing an entire generation of lonely men (https://pbs.twimg.com/media/D205FUnU8AI6FyY.jpg)

To sum it up, millennials and zoomers will have to become the strong men, because we are the ones barely getting by during the greatest economic crisis since the Great Depression, extreme political polarization and global warming. Boomers and gen-Xers had decades of economic and political stability to build their wealth, a luxury we can't afford right now

  • Intern in CorpStrat
Apr 15, 2021 - 5:47pm

I'm sorry but it's tough to take you seriously when you act like we're in some sort of appocalypse and zoomers are so tough for living in that world. Nearly every metric shows that quality of life has improved, sometimes considerably.

If you think we have an incredibly high level of social unrest (which it seems you do), then get off of social media and you'll see it has nearly no impact in the real world outside of your university bubble.

Apr 15, 2021 - 6:32pm

Nearly every metric shows that quality of life has improved, sometimes considerably.

Yes. We have better living standards. But that has come at a cost. We are more efficient than ever at producing stuff, which means companies don't need as much people as they once needed. They are in turn obligated to raise their hiring standards - they need less people and the people they need have to be more qualified -, which, coupled with a bigger population overall, leaves us to deal with a harder competition than previous generations.

If you think we have an incredibly high level of social unrest (which it seems you do), then get off of social media and you'll see it has nearly no impact in the real world outside of your university bubble.

C'mon, you're just being lazy now. You know exactly what I mean by higher levels of social unrest and their impact in the real world. Whereas 10 years ago people could talk about movies, TV shows, videogames, books or anything else without making it political, today we live in a world where literally anything and everything can easily escalate to a discussion about conspiracies, racism, misogyny or economic inequality. I'm not talking about people going outside with guns and killing eachother on a civil war, I'm talking about how insufferable we as a society have become in the last decade because everything IS about politics and we SHOULD talk about it all the time.

You can't even afford to not have an opinion anymore, because it means "you're not with us, and if you're not with us you're with them". I'm not talking about "my university bubble." I've had people at work (not even millennials or zoomers, mind you) bitching at me because I chose not to have an opinion on certain political matters.

Apr 15, 2021 - 4:58pm

What a great attitude... just wait until you're an octogenarian and no one helps you up the stairs or cleans your ass when you shit yourself. 

Respect your elders, and respect young people that are coming up. You were a whiny kid at one point too and older people put up with you because they understood that you were young so there were different expectations. Everyone goes through this, it just so happens that Gen Z is more visible because of social media than older ones.

Apr 15, 2021 - 5:00pm

Speaking as member of Gen Z, this shit is hilarious. Everyone's already covered that every generation always hates on the generations after them, and that's demonstrably true, but I'd like to add that every generation in American post the Greatest Generation doesn't have a leg to stand on when it comes to criticizing the generations after them.

You can criticize individual people all you want, but the fact is post WW2 America was firing on all cylinder, leagues ahead of the rest of the world in industrialization and economic outcomes/growth. You could literally graduate high school, buy a house and support a family of 4 with your first job out of school. The subsequent generations all promptly outsourced as many jobs as they could, made multiple artificial economic collapses, went on endless war sprees all over the world for dubious reasons, and generally fucked things up despite incredible advances in technology and science. 

Array

  • 13
  • Intern in IB - Gen
Apr 15, 2021 - 10:21pm

Exactly lmao, these MDs today partied and messed around all through their high school and college days, you think they were prepping SATs or studying technicals on weekends like the hardos are today? Nope, it's hilarious how dumb some of the gen-x/boomers are on here talking about how gen-z is lazy, when they would be attending their local community college if they applied to college today with their old stats.

Lmao screw off boomers you all had it handed to you idgaf about your personal struggle story yall coulda majored in arts for $5k at some school and banked no matter your background. 

  • Intern in IB - Gen
Apr 15, 2021 - 5:03pm

Lol this thread is ridiculous. It's more difficult for "gen-z" to attain the same schools, jobs, roles, save $, etc. than ANY of the last few gens. I can't speak to the collective intelligence or work-ethic or anything like that as I have no data, but there is plenty of data to support that it's wayyyyyy harder to attain the same pedigree/standard living as their parents/grandparents.

Imagine if some of the hardo kids on this board had lived just 20 years ago, they would be crushing it at blackstone or wherever was top then. Today, they're lucky to break in to somewhere decent let's be honest here.

Apr 15, 2021 - 8:38pm

There is a lot to this. If it weren't for the internet, most people would have no idea what finance is. The internet has increased competition exponentially, just as automation and the financial crisis have reduced the amount of good jobs out there. Much of the growth in employment post 2008 has been in the service industry, driving apps, working at Amazon warehouses... garbage jobs in essence, at least compared to some of the manufacturing or office jobs they replaced. Work from home is starting to expose how much a lot of the white collar work going on is BS as well. Just as record numbers of kids attend absurdly priced 4 year colleges.

Yes, those helicopter parents are unbearable, and they probably raised some entitled kids. But they are also stepping into a world that is much, much harder to navigate than it was for their parents.

Sounds like a recipe for disaster, but I'm not one to short human ingenuity. Bullish Gen Z over here, though the terrible TikTok dances need to go.

Apr 15, 2021 - 9:53pm

GoodBread

Yes, those helicopter parents are unbearable, and they probably raised some entitled kids. But they are also stepping into a world that is much, much harder to navigate than it was for their parents.

Sounds like a recipe for disaster, but I'm not one to short human ingenuity. Bullish Gen Z over here, though the terrible TikTok dances need to go.

This is a point that doesn't receive enough attention.  Once the influencer bubble inevitably bursts, the current 17-21 year-olds (or at least some of them) experience their first few years in the workforce and outside the woke idealistic bubbles that college has allowed them to find comfort in, and maturation occurs more generally, I think we'll see that those who emerge in the top bracket in terms of success will have had to do certain things / take certain approaches that the most successful of prior groups did not because of the wildly different circumstances of the world now.  As the original comment mentioned, the difficulty of breaking into blackstone, for example (or take any comparably top goal), is immensely higher now than a few decades ago, so I think those who do manage to rise to the top among a now larger pool (due to both increased competition within finance as well as a generally higher world population) will have to innovate additional skills / tactics to ascend to that point. 

And even regardless of one's opinion on how difficult breaking in is now, one cannot argue that the difficulties/obstacles one does confront in that process now have changed significantly from the kinds of obstacles one would have confronted a few decades ago in approach of the same goal

Array

  • 2
  • VP in IB - Cov
Apr 16, 2021 - 11:55am

It's easier to get a job in finance (or anything really) now during this boom period than in 2008/09 when even the best and brightest were getting laid off or having their offers rescinded a month before graduation. Harder now than in the 90s or early 2000s but definitely not compared to 08/09.

  • VP in IB - Cov
Apr 18, 2021 - 9:49pm

There is a string of them claiming that everything is harder now than ever before which is 1) incorrect and 2) a great example of shortsighted Gen Z thinking

  • Intern in IB - Gen
Apr 20, 2021 - 11:37am

Lol it definitely is tougher now for the roles we talk about on here. I guarantee you would not be reaching VP if you were in school now. Nothing on your character, it's just you all didn't put in as much time into school, exam, or interview prep that's just objective.

May 3, 2021 - 10:05am

One of the MDs I networked with started at Saloman Brothers in the 80s. In his first interview, he was asked if he preferred equities or fixed income - he responded that he didn't know what either of them were, but that equities sounded interesting. He got the job and eventually became BofA's head of equity private placements. What do you think would happen in 2021 if a prospect gave that answer in an interview?

  • Director in RE - Res
Apr 16, 2021 - 4:27pm

Care to elaborate why you think putting your pronouns on a resume is a good idea?

Here's some elaboration on why it's generally a ding, which you're welcome to disagree with:

The space on your resume is precious real estate and using up that space to tell me what you like to be called vs. your accomplishments tells me a lot about what that person values. I couldn't care less if you want to be him/her/they or whatever, you'll have plenty of time to let me know that if you get past the resume screen/intro phone call with my HR department (which would be a much more appropriate avenue to present that information btw)..They're also much more likely to exhibit the negative characteristics that people are complaining about on this thread. I see at least 200 resumes per position we hire and have to make quick decisions on the 10 people we want to talk to. It's similar to putting a political campaign on your resume, you're gambling that putting the Trump/Biden campaign will be viewed favorably, when in reality it's a very polarized issue that could make or break your application.

I'd recommend checking out the book, "The Coddling of the American Mind" by Jonathan Haidt and Greg Lukianoff if you want to understand why people are concerned with the traits of the current generation (also why a lot of it is how they were raised).

Apr 15, 2021 - 6:54pm

No I hate boomers a lot more. They inherited the most prosperous society in human history and ruined it.

Also the Beatles were trash, Woodstock was a degenerate pigfest, marijuana isn't cool, "free love" is just cuckoldry, and draft dodging makes you a pussy. I'd love to see a flower power hippie van just go careening off a cliff.

"Work ethic, work ethic" - Vince Vaughn

  • 8
Oct 1, 2021 - 9:53am

How did the 'ruin it'? You can hate them but they did quite well with what they had, America was indisputably on top of the global world order until at least 2000 (maybe mid-2000s)

  • Intern in PE - Other
Apr 15, 2021 - 7:38pm

"Contribution to society". Bro, I literally graduated college a year ago. Tell me with a straight face that you weren't a shit-head when you were 21-23 years old. 

  • Associate 1 in PE - Other
Apr 15, 2021 - 8:27pm

the issues with whininess and politics are almost entirely the fault of millennial influence on both corporate and social media.

  • Analyst 3+ in RE - Comm
Apr 15, 2021 - 9:06pm

Agreed and I'm speaking as a millennial myself. The rise in "wokeness" and the constant, polarizing, politically-charged conversations did not just begin when 5 years ago when gen z was 16 years old. That trend had been occurring for at least 10-15 years prior. I bet you could ask your parents about the rise in political correctness and even they would give you some examples when they were young adults.

Apr 15, 2021 - 10:16pm

Gen Z is legendary

What concert costs 45 cents? 50 Cent feat. Nickelback.

Apr 15, 2021 - 11:17pm

"The children now love luxury; they have bad manners, contempt for authority; they show disrespect for elders and love chatter in place of exercise. Children are now tyrants, not the servants of their households. They no longer rise when elders enter the room. They contradict their parents, chatter before company, gobble up dainties at the table, cross their legs, and tyrannize their teachers." - Socrates

This theme has gone on for millennia, it's a bias to believe that people you identify with and are more similar to (such as your generation) are better than other groups. 

In reality, standard IQ tests show children over subsequent generations have had higher IQ. Household surveys have identified children over subsequent generations have had increased patience. In 1970 degree obtainment was ~10% and now it is ~35%. Women joining the labour force has caused a drag on real wage growth. On an individual level, boomers probably had much better opportunity of real wealth creation with lower required work than there is today because of tailwinds of growth from WWII, effectively boomers benefited from foregone growth of their parents. On an adjusted level, younger generations have much better real living standards and technology levels.

But making a post on a forum saying "does anyone else hate (insert generation after my generation)" just looks stupid. Yes, there are less diseases, there will continue to be less diseases in the future. Yes it's easy to have anecdotal experiences of having a conversation with a younger person and thinking they are stupider/more entitled/etc. but I would say this is just your confirmation bias.

TL;DR stupid post. Bashing another generation on style? Really? Contribution to society? They're max 30 years old and probably will likely contribute more to society than the generation before them, and the generation after them will likely contribute even more. 

Apr 16, 2021 - 12:15am

Dude you have got to be kidding me. 

2-3 generations ago America invented airplanes. Air fucking planes. China doesn't even fly on their own planes. They buy airbus.

Now we have united airliens appeasing to the woke crowd demanding their pilots be more "diverse." who in the fuck cares about diversity of pilots. They have such a simple job. Get people from point a to point b safely. I could give less of a fuck their personal experiences and backgrounds. What does it make for? More interesting banter to the co-pilot? 

Apr 16, 2021 - 1:20am

Dude I didn't mention diversity or politics, you obviously have a hard on for pilots or something. I don't even understand what motivated you to type this reply.

I fail to see how being 'woke' and putting forward diversity quotas corresponds to the generation you were born in. Sanders is a boomer, Kamala Harris gen X, AOC and Ilhan Omar gen Y/millenials, Greta something gen Z. I'm also not a massive fan of corrective action but I think you're in the wrong thread.

As for airplanes, of course countries are going to buy from other countries that specialise in producing them. China will buy planes from Boeing and Airbus, and everyone outsources phone manufacturing to China and semiconductors to Taiwan. I have no idea what specialisation has with different generations.

Apr 16, 2021 - 1:23pm

"[Pilots] have such a simple job"

Lost ya there buddy...a forum of bankers talking about how flying a plane is "simple" is absolutely hilarious

You also must realize that Americans (and people from other countries) are inventing things today. Sorry that people aren't reinventing the airplane over and over to make you happy.

  • Intern in IB - Gen
Apr 16, 2021 - 5:53am

Reservation at Dorsias

"The children now love luxury; they have bad manners, contempt for authority; they show disrespect for elders and love chatter in place of exercise. Children are now tyrants, not the servants of their households. They no longer rise when elders enter the room. They contradict their parents, chatter before company, gobble up dainties at the table, cross their legs, and tyrannize their teachers." - Socrates

This theme has gone on for millennia, it's a bias to believe that people you identify with and are more similar to (such as your generation) are better than other groups. 

It's funny you'd quote Socrates since Athens did collapse shortly after he wrote this. Also, IQ is a meaningless metric inherited from eugenics delusions. 

Apr 28, 2021 - 10:18am

Reservation at Dorsias

"The children now love luxury; they have bad manners, contempt for authority; they show disrespect for elders and love chatter in place of exercise. Children are now tyrants, not the servants of their households. They no longer rise when elders enter the room. They contradict their parents, chatter before company, gobble up dainties at the table, cross their legs, and tyrannize their teachers." - Socrates

This theme has gone on for millennia, it's a bias to believe that people you identify with and are more similar to (such as your generation) are better than other groups. 

It's funny you'd quote Socrates since Athens did collapse shortly after he wrote this. Also, IQ is a meaningless metric inherited from eugenics delusions. 

Socrates "wrote" it? Mmh

Apr 16, 2021 - 5:06am

Is gen Z really generally like this? It might just be my circle but my close friends all have pretty high aspirations in STEM and business if they aren't still figuring out what they want to do. Not going to talk about the other points, but why is gen Z's contribution to society even a relevant factor if most of us aren't even in the workplace yet? This just sounds like college admissions all over again where literal kids are expected to make groundbreaking changes in the world before they can even legally have a drink.

Apr 16, 2021 - 5:57am

They are basically like millennials really. 

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

Apr 16, 2021 - 6:25am

Growing up it was always something like this.....if you saw a car in the right hand lane going thirty miles under the speed limit it was almost always an elderly person.

now? I see Gen Z eyes on phone and not the road swiping feverishly.

Apr 16, 2021 - 10:20am

It's really just insecurity. Older individuals who are in some way either dissatisfied with their current life trajectory or unhappy with the way they raised their own kids, projecting their own insecurities on a younger generation. Has occured since the beginning of humanity.

That's not to say there aren't differences between generations. But that's no reason to "hate" an entire group of people. This post says more about OP than it does about Gen Z.

  • Associate 3 in PE - LBOs
Apr 16, 2021 - 10:06am

My only substantive interaction with Gen-z is via family and interns (and the internet I guess) and of course this is going to be an extremely generalized and anecdotal observation, but they seem pretty chill.  I think they have their own unique generational quirks being the first group to grow up almost entirely with the internet/social media etc., and I still don't understand "youtube celebrities" and fortnite/minecraft or weird shit like that, but eh.  Honestly, we (millenials) seem to be the root of most dumb shit going on now.    

Apr 16, 2021 - 10:20am

As a zoomer, I agree.

Half my peers, usually girls, think government intervention is the answer to every problem. It's wack af.

And they're all woke on top of that.

We're doomed

  • Incoming Analyst in IB-M&A
Apr 16, 2021 - 1:10pm

I'm really not sure if I agree. As a zoomer, it seems that most of my peers have a good head on their shoulders. Most spent a lot of time in undergrad thinking about how they can get a good job in their field. Most majored in something employable. Most dealt with failure and bounced back. Most came out with respectable jobs that will allow them to land on their feet even if not IB/MC/whatever. Some of these people are still living with parents but only due to COVID and the realities of today's economy. A solid $60k Big 4 Audit job isn't so good that you can ignore potential areas to save in your life. Hell even some $140k bankers are living at home to save money. Of course, there were guys in my frat that came from stupidly wealthy backgrounds that studied History/English and spent most of their time drunk or high, but I don't blame them. They're just playing the cards they were dealt. All of them are doing fine now. No different than the super privileged before. Yes the sexiest girls are on their Instagram/TikTok/Influencer/Branding grind but what's wrong with that? If that brings them success then who am I to judge. Otherwise a lot of those girls are accounting or nursing majors that will get jobs cus they're hot & bare minimally qualified, same as attractive girls in all generations. I wish we could write each other off less and give the benefit of the doubt more.

But yeah other than that not gonna lie I'm basically doing all this adult shit for fun and I could totally cruise 🚢 as a man child and have my family happily coddle me with a comfortable (not lavish, not wealthy, but good enough so I never have to change) lifestyle so stay tuned for my 1-month-in IB post where I say I'm quitting my job and moving back into my mom's basement in our 4500 sqft suburban house, and then collecting 50 SBs from fellow Zoomers who praise for being "brave" to take such a "risk" with my "career."

  • Intern in IB - Cov
Apr 16, 2021 - 2:05pm

I was somewhat under the impression my generation (gen z) was fine until I took an english class at my university. It was mind blowing how much they all bend over backwards not to offend each other, and how soft and sensitive they all are. The professor got lambasted for calling on people, as it apparently makes them anxious. They all have their pronouns in their zoom name and half of them have dyed hair reminiscent of the 2012 scene/emo style. All of their commentary is incredibly vapid and self-fellating. They seem to value perceptions of adversity to a fault. They treat the zoom lecture like a twitch stream and spam the chat with room temperature IQ takes on anarchism and activism - the class is on irish poetry for fuck's sake. Someone validated them once in their pathetic lives and they fucking sprinted with it haha.

Apr 19, 2021 - 11:00am

Haha this is hilarious. Calling on people makes them anxious? I guess so, that happens. But remember this is school, you're not going to get executed for not knowing an answer. Recently, I gave a few online classes to kids when schools were closed and I called on them by their names all the time. Much easier to manage a group video call this way. Everyone was working well with me (as opposed to the beginning of the pandemic when video calls were still new). The kids were aged 6-12.

Array

  • 2
Apr 16, 2021 - 9:19pm

No generation was more spoiled, entitled, and whiny in American history than the baby boomers.

"Work ethic, work ethic" - Vince Vaughn

  • 2
Apr 17, 2021 - 4:52am

You might be right on whininess and bla bla, but society is also changing.
You dont need style anymore, coz everyone is so tolerant. 
Contribution to the society is arguable IMO, bc there is not enough time past for Z to evaluate their efforts in terms of history.
 

  • Analyst 1 in AM - Equities
Apr 17, 2021 - 11:40am

Yes. I am Gen Z and think that my generation is extraordinarily soft (atleast in the west). I wish the entitelement that many of my peers have goes away. 

  • Analyst 1 in AM - Equities
Apr 17, 2021 - 11:42am

But outside of the entitlement and PC stuff, I think its a pretty good group of people. 

  • Analyst 1 in PE - Other
Apr 17, 2021 - 4:57pm

I'm gen Z and just wanna add that it's also totally dependent on geography / type of college you go to...im at an east coast target and most ppl are p insufferable, but a lot of ppl from the midwest and west coasts aren't nearly as much 

Apr 18, 2021 - 10:01am

Honestly, we should still appreciate the good things about Gen Z.  I know as a Millennial we got a ton of hate for being lazy and not working hard enough to pay down student loan debt.  Gen Z has been exposed to technology much earlier (for good and bad) and they have also been a generation of side hustle (not just lemonade stands).  It's gonna be really interesting to see where Millennials and Gen Z go?

Apr 18, 2021 - 10:41am

You must be kidding.

I could just as easily say the same thing about the boomers.  They are largely trash with modern technology.  As far as work ethic, there's bums in every generation, and I personally have no problem putting in whatever hours are necessary, and being a part of gen Z never seemed to interfere with that.  As far as intelligence, basic statistics / probability is usually enough to throw a boomer into  complete confusion.  

Politics, I'll give you that one, the SJW stuff irritates me to no end, but I hope it's a vocal minority, as none of my friends agree with that nonsense. 

Finally, as far as contribution to society, I think that's a ridiculous claim.  Let's set aside that fact that gen z hasn't even had the time to contribute as much as older generations.  In my short time, aside from volunteering, community involvement, and job, I also own and manage 2 duplexes with literally every unit rented to boomers who rely on me to maintain where they live.  A lot of them are slobs, and get pissy with me over the smallest shit. Talk about entitlement, one of them sends me an email demanding I get central A/C installed, like MFer I told you that when you signed the lease, you aren't entitled to it now just because you rented a place you don't like.  

Apr 19, 2021 - 10:13am

Replying to my own comment here. Below is one of the funnier quotes from the link.

"A pernicious excitement to learn and play chess has spread all over the country, and numerous clubs for practicing this game have been formed in cities and villages…chess is a mere amusement of a very inferior character, which robs the mind of valuable time that might be devoted to nobler acquirements … they require out-door exercises–not this sort of mental gladiatorship."

  • Scientific American, 1858
Array
  • 1
Jun 12, 2021 - 8:30pm

No but Gen Z in particular is doomed. The control of the flow of information these days is unbelievable with FB/Twitter. 

Array

  • 1
Apr 21, 2021 - 8:09pm

Leeeeemmmmm

I hate that my Gen Z GF (only 3 years younger than me, but with a much younger mindset) is always on TikTok!

Nothing grinds my gears more than the hearing those repetitive annoying songs on loop, ugh

totally understand you!
my BF is from Gen Z and I'm from Y.
He has tiktok. I don't have that shit.

Apr 27, 2021 - 6:25am

As always, the past generation scolds that the next generation has no brains, style, music, and in general you fucked everything up and won't come anywhere! This is funny! Thus, forcing the next generation to rebel, proving in the simplest way (rebellion) that the older generation is not right and creates a new fashion, a new style and new music that the new generation will not understand! The circle closes every time and goes to a new round! XD

Apr 28, 2021 - 12:16pm

Animi est at placeat sunt dolorem. Qui deleniti ipsam minus quas odio occaecati deleniti. Est qui nesciunt voluptatem aut velit molestias.

Adipisci impedit fugit repudiandae commodi temporibus. Expedita est sunt et dolores. Possimus ratione omnis placeat omnis officiis. Saepe exercitationem mollitia nihil accusantium mollitia autem aut.

Ut doloribus suscipit ad ut culpa dicta. Est facere et eaque sapiente.

Array

May 1, 2021 - 8:37am

Eos id eos perspiciatis quo repudiandae consequatur. Corporis repellendus hic voluptas vitae tenetur occaecati. Ea dolor mollitia asperiores itaque optio. Tempore rerum qui perspiciatis molestias tempora hic qui eveniet. Sunt corporis sunt autem omnis repudiandae.

Et a omnis doloremque non et. Sit cumque dolorem aperiam sit reiciendis culpa. Dignissimos blanditiis beatae soluta voluptatem sequi et. Optio accusantium quo voluptas fuga earum.

Nulla dolores ipsam commodi et reprehenderit. Esse ratione voluptas amet officiis optio. Alias earum fuga explicabo eligendi.

Exercitationem qui id harum occaecati dolorem. Ea reprehenderit repellat vel a cupiditate. Voluptate minima mollitia tempora excepturi facilis.

Jun 12, 2021 - 5:45pm

Numquam voluptatum nam nulla autem fuga. Qui qui atque dicta quas inventore a. Quidem consectetur dignissimos voluptates voluptas laborum.

Aut non aspernatur aliquid. Tenetur officia ut minus velit voluptatem unde.

Enim blanditiis voluptatibus velit ut et odit praesentium dolore. Quos reprehenderit occaecati enim nihil id tempora. Labore rerum asperiores quo praesentium sed voluptas. Enim qui expedita ipsam nulla atque.

Jul 17, 2021 - 8:03am

Ipsum quod dolores possimus error omnis voluptatem consectetur. Possimus tempore eaque dolores quasi aspernatur consequatur. Temporibus omnis cupiditate impedit quia sunt et aperiam. Doloremque nobis in amet et. Molestiae quibusdam debitis omnis fugit non quis quo. Distinctio in impedit odit voluptas tempora. Numquam ea rem dolorem harum eaque dolores.

Sep 30, 2021 - 9:17pm

Distinctio est ut mollitia sunt et laborum labore velit. Velit deserunt sequi aut dolores. Quia fuga iure illum dolores dolor est. Ratione sunt omnis ab consequuntur qui facilis quas.

Non ipsa voluptatem earum consequatur quae fugiat. Qui corrupti nobis sit. Qui id reprehenderit deleniti et. Et et molestiae quo qui. Reprehenderit inventore delectus officiis sunt. Expedita nobis praesentium quasi libero numquam ducimus pariatur. Aut eligendi earum accusantium impedit.

Sep 30, 2021 - 11:41pm

Voluptatibus neque quis veniam asperiores inventore quia. A fugiat non perspiciatis a. Totam saepe cupiditate sit ad.

Iusto recusandae id debitis consequatur. Eaque minima dolores ut error quia sit. Quo corrupti nobis aperiam ut. Dolor sunt sint animi similique adipisci voluptatum eius cupiditate.

Minus aut debitis excepturi eius. Vel earum et ea nobis magni et. Fugit sed aliquid unde et omnis. Iusto quas corrupti eum sint aut qui ex. Ad molestiae blanditiis quidem iusto blanditiis alias et voluptas.

heister:

Look at all these wannabe richies hating on an expensive salad.

https://arthuxtable.com/
Oct 2, 2021 - 11:25am

Inventore asperiores deleniti quisquam sint ipsam. Dolorum iure est eum quia non illo eligendi aut.

Occaecati earum quibusdam et cupiditate numquam. Ut fugiat aut ex quae aut corrupti omnis est. Quaerat numquam qui delectus sed ea nisi iste. Eos in atque fugiat voluptates architecto vel quidem.

Reprehenderit a omnis harum cumque alias. Enim assumenda magnam rem dignissimos. Alias cum quis nesciunt sed.

Start Discussion

Total Avg Compensation

October 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (39) $363
  • Associates (228) $232
  • 2nd Year Analyst (137) $154
  • 3rd+ Year Analyst (30) $147
  • Intern/Summer Associate (103) $143
  • 1st Year Analyst (500) $135
  • Intern/Summer Analyst (386) $83