Trending Content
| +50 | Interviews Are So Fake | 33 | 2h | |
| +33 | 2024 UK Election - Tories finished? | 21 | 1d | |
| +29 | ADHD ! | 13 | 3s | |
| +28 | Being Christian in investment banking | 14 | 2d | |
| +26 | Non-Competes Banned | 28 | 5h | |
| How do I become Sigma | 15 | 19h | ||
| +19 | Moelis has the cutest Analysts? | 4 | 2d | |
| +18 | Best NYC neighborhood for single 30M | 12 | 3d | |
| +16 | Underage intern, drinking? | 7 | 2d | |
| +13 | Secretive vs Universal Prestige? | 7 | 2d |
Career Resources
Were you given the opportunity to join Barclays/Nomura way back when?
What's the most interesting thing you've ever seen on someone's resume/someone participated in that you hired?
Are you looking forward to the new Star Wars?
Hey asshole, way to answer the very first question
nope
If you had to lose a finger, which one would it be?
Who do you have winning the Stanley Cup?
I can tell, Islanders have already been knocked out
say you magically transformed to a fresh grad, which finance job/department would you apply to?
Given the regulatory changes, How do top level managers look at compliance officers at their firm? Does management actually care about it besides avoiding getting fined?
First hard question:
If all the things that are the consensus here on the forum (e.g. you must go to a target school, it's impossible to move buyside at any position higher than analyst, etc) what are the ones that just aren't true in the real world?
The inverse of this question: Which of the consensus/stereotypes (e.g. you must go to a target school, it's impossible to move buyside at any position higher than analyst, etc) sadly ARE true?
how many licks to the center of a tootsie pop?
If you ever met Dick Fuld, would you introduce yourself as Dick Fuld and tell him about your WSO fame?
Well done
Where do you recommend as a vacation spot? Looking for some ideas for a week this summer.
As a kid, what did you want to be when you grew up?
Serious question...
I presume you grew up in a middle class family (not very rich or very poor)... this is different for your kids (or other rich kids whose parents do not come from money) because their dad (you!) is filthy rich... As a result, I would imagine the generation gap is larger than that experienced in most other families because of the huge differences in childhood experiences of the parents vs. the children.
'would love to know how you (or other people) mitigate that?
To be clear, this question is intended to know how families, in general, work around this. It is not specifically about your family per se.
Have you ever considered officially changing your name? If so, what would it be?
lmao +1
"Dick Hung" "Hung Dong" my fav replies on wso of all time!
Question 1: Do you think that Investment Banking (trading and advisory) is on its way out (given certain developments in technology/the negative impressions left by the crisis)? Or do you think that these institutions will continue to survive as a leading force in the business world - where younger minds like ours can rise to the top as you once did and make impressions on the world?
Question 2: What are some characteristics of a person whom you would bet on to succeed at the highest levels on the street- the most upper echelon? Can it be done without ground-level pedigree (a degree from Harvard/parents who know Jamie Dimon?).
Two questions:
What do you think of your middle name? Weird as fuck name to have, how'd they even come up with that?
Favorite lunch spot in the city and when should we meet there? Let me know what day/time works best and I will pay.
Thanks for doing this again. For the lack of better opportunities, I will be joining a small investment management shop for the summer, that is largely family owned. It has about $100M AUM with only one poor performing fund and PM seems rather chill. Any tips?
Thank you sir, I will bear that in mind.
Thanks Dick. Here's two more:
Have you ever actually eaten the ripped out hearts of your victims
WTF do you do all day when you're not on WSO
About asking hard questions:
Would you mind being a bit more specific about what "hard questions" means? The reason I ask is because I've worked in some environments where asking "hard questions" in operational plans was frowned upon, and anyone that offered suggestions that went against the leadership team's (unit head, his second, and the operations head) ideas or assumptions usually got a pretty strong negative response and labeled as "not a team player", ending their chance at any good assignments.
What is your advice for walking the line between supporting your management and, as you put it, "asking tough questions"
What's the most important life lesson you have learned in the last 7 years?
+1.. sad but true..
Associate, actually. Thanks for answered questions.
I'm also curious what you think the ideal attitude for a post-MBA associate hire should be, and how you would advise me to express that attitude when meeting prospective employers.
Also at that level, how honest do you think I should be in between cheerleader and "brutal straight shooter"? It's a shitty way of asking the question I know, but I've also learned the hard way that people usually don't want to hear what you actually think(even when they claim to).
Has the whole drinking in moderation thing been effective?
What do you think about the guys at 3G and their management style (Welchesque, meritocracy, old school Goldmanesque, etc.) they seem very effective.
They're the type of people who will respond to a random cold email by a 24 year old commercial real estate broker, meet with the new broker over lunch, AND give said broker a run at their business, making the broker look like a complete badass to his entire firm. They'll always be good in my book.
Is there a singular moment at Lehman where you said to yourself "Holy shit, I l'm becoming a BSD in this company." If so, what was that moment? And when did you realize you were on your way to being CEO?
For us young up and coming professionals, what investment strategies would you suggest as we start getting cash to stash? Is it a simple as 401K>IRA>Brokerage, or should we be thinking about real estate (or at least REITs) and educational savings account for our eventual progeny?
Did you ever get a call sign in the Air Force?
can you give me some banana?
How do you stay interested in WSO after your 3rd drink?
What are your favorite WSO threads? The "I'm a 14 year old future Whartonite. Which group should I be in at GS?" teenage BSD threads? The "Which ways to fold a pocket square are acceptable as an analyst?" fashion threads? The "How many seconds exactly should I stare into the interviewer 's eyes while shaking his or her hand (and does it change based on gender?)" Asperger's threads?
The other ones I find hilarious are when there are 19 year olds planning their retirement at 30, when they haven't worked a single day in their professional career yet.
It's my birthday today. Can you wish me a happy birthday?
In retrospect I should have seen that coming. How should I celebrate my birthday? I'm still one year away from legal drinking age, so can't go to a bar.
On a more serious note:
I'm a third year at UBC in Computer Science and Microbiology, and I recently got interested in finance, particularly the buyside. Now I'm starting to read some of the CFAI textbooks from a friend who took the tests a couple years ago. However I understand that I'm at a huge disadvantage to all of the target school students and students that have been learning about finance for a longer time, and that if I do pursue this path it would be a game of catch-up for at least the next few years.
So what I want to ask is:
What motivated you to pursue a career in finance in the first place?
Also what can I do to set myself apart/become a viable candidate for an internship?
1) As a senior guy, what makes you really respect a junior person at your firm?
2) As a senior guy, what could potentially make you hate a junior person at your firm?
HI DICK, PEEHOLE HERE. I HAVE EATEN 3 TO 4 GREEN APPLES IN THE LAST HOUR OR SO, I WAS JUST WONDERING IF YOU KNOW WHAT WILL HAPPEN TO ME? THANK YOU FOR YOUR TIME.
HI DICK, PEEHOLE HERE COMING BACK FOR MORE. DO YOU KNOW HOW TO TURN OFF CAPSLOCK? IT SEEMS I HAVE TURNED IT ON BY ACCIDENT AND IM HAVING SOME DIFFICULTY TURNING IT OFF. JUST WANTED TO CLEAR THAT UP INCASE YOU THOUGHT I WAS YELLING. I AM SORRY IF YOU THOUGHT I WAS YELLING, BUT THAT WAS NOT MY INTENTION. THANK YOU AGAIN FOR DOING THIS AMA. GOD BLESS LEHMAN
Hey Dick,
I'm a mid-level consultant at MBB (3 years out of business school). Let's assume I could keep being a consultant all the way to partner, where I would start just under 7 figures, and eventually move up to low/mid 7 figures if I could keep riding the train. It's fairly safe and stable (at least for now), with pretty good probability of making good money, but extremely low probability of making DickFuld money.
It's not a bad gig, but if I got bored with it and wanted to move into finance or some other career, what paths might you recommend? What are the trade offs I should think about?
Thanks again for doing this, sir.
I would not suggest moving from a relatively high paying job because you're bored. Especially if it means starting at a lower rung on the totem pole in another field.
Assume you are in consulting and you cover financial firms. Many people from McKinsey who make it to partner can move into a fairly senior role at the firm's they cover (or equivalent). I've seen some guys move into C-Suite level spots at relatively small public financial firms from senior level partner positions at these consulting firms. That's not half bad.
The grass is greener is one of the most damaging mindsets possible. It can ruin great paths in the pursuit of perfection.
Perfection simply does not exist.
Thanks for the perspective. SB'd. My current plan is to stay put, but it's always good to keep an eye out.
Finally, regarding your comment about flying private: I did get to fly private with the CEO of a publicly traded company a few weeks ago (a client in his company's jet)....not a big deal for many, but this former-mid-western-kid was excited.
Thanks again.
This is probably the best advice I've ever seen on here.
You'd be pretty insane to leave a job paying you low to mid seven figures, if you make it to that level. Compared to nearly everyone on earth, that's a shit ton of money. I've seen senior consultants move into c-suites across the board, not just at financials, and that may net you more money and still be a somewhat stable career but unless you happen to land at the next Google at the right time, it's not making you a billionaire. Moving into finance, at least in my opinion, would be stupid. Too much risk of not hacking it vs potential reward when you factor in already making seven figures. If you think you're going to get bored, work for 10 years making mid seven figures, retire at 50 and go off to run a non-profit.
what's the best book you ever read
what would Lehman and your career have been like if Pete Petersen had beat out Glucksman for control in '83
What was your reaction when your daughter was going to pursue a career on Wall St? What was your reaction when your daughter was going to marry an investment banker?
I love my daughter and support her choices.
I thought it would be okay for me to ask these questions because I do not have a penis.
You're a supportive dad. My dad would initially say no to both.
Since you went into finance for money only, what would you have gone into with money not being a factor?
Follow up...
What are the similarities, if any, between squash and racquetball? I've only ever played racquetball and squash just looked so odd to me because their ball doesn't bounce very well.
how the earnings attributable to participating preferred stock is forecast-ed?
you are dick!!!!!
Dick, should I gear my career toward real estate development or value-add REPE? You get to pick my future right now.
It's definitely the option with less risk (and what my internship is in now). Thanks.
What advice would you give to a career changing 1st year analyst who's looking to advance quickly? I spent 2 years in the army and 2 years in transactional law, couldn't afford the cost (and time) of an MBA so went straight into IB as an analyst.
I am willing to fetch coffee but how can I leverage on my prior experience to beat the competition and advance quickly?
What's the best way to distinguish myself from the fresh grads and get more/better deal experience while avoiding the "managing analyst" trap?
@"SSits" has written some quality things about how to get recognized as a hard working junior.
Could you give some examples of effective hustling you have seen in juniors? Thank you.
"Because, you know what they say about quiet people? Nothing." Fucking poetry man!
I second London-Monkey's motion.
Follow on question:
How do you make them aware of the effort without coming off like you're seeking recognition? The idea that comes to mind for me is sending "updates" on the status of things you're working on.
What is the best route to break into global macro research positions?
I second Bigass_Spider's motion.
selfish questions:
I don't think about robo advisors.
It's the ultimate in hustle with the least support from the firm. Someone sitting on the bond desk from Lehman is going to get plenty of calls just because he's a part of the firm....clearly that's not true in PWM. So, I met some guys that were typical outgoing types of personalities that you would expect. I also met some that seemed rather reserved. So, the most common things were hustling, asking for the order, and asking for referrals. Basically asking for whatever it is they wanted. What have you seen?
pretty much same, I would just lump all of that together into not having any shame
Dont mean to hijack, but will offer my $0.02 on points 1 and 2.
FWIW, I think the fiduciary standard will eventually become the norm. Will cost a shitload to implement, but long run i think it will be better for the industry. Will force out the bottom 20%ish of snakeoil salesmen in the industry and hopefully bring some more respect to the profession.
Robos are an industry queef IMO. They're basically doing what target date funds have been doing since forever, all be it in a more "cooler" and hipster looking way. I dont consider "tax loss harvesting" incredibly value added. its basic planning 101, and I would say 95% of their client base will never use it. its all just hype. They're also not profitable, and the ventures are going to want their money back eventually. I dont know how many millions they have received in funding but i dont think they're anywhere close to profitable. Say Wealthfront and betterment have 4Billion AUM collectively at 1% velocity, thats 40M in revenue per year at best. I dont know what the numbers are, but betterment has easily gotten over 100m and wealth front around 125m.
I think the robos value is not from the Asset Management side, but they do have value to insurance companies. id assume their clients are younger with smaller net worths, people starting out on their financial journey (less than 100K in investments) Think of the value to the insurance companies offering them life insurance, disability, etc. Insurance companies will pay big bucks to get access to their clients to hose them with some whole life.
I think you mentioned you were in the Wealth management arena....if your at merril or w.e your book velocity is probably 1.0-1.4%ish. Say you have 100m in AUM you're generating 1-1.4m and your book value is may 2-3x your production if you're lucky. that book is worth 3.5-4m ish at merril. The valuations wealthfront and betterment have are ridiculous.
a quick google tells me WF is valued at 700m. Say 2B AUM at 1% thats 20m production. thats a valuation of 35x revenue.
Say Mr.swingingdick at merril is retiring and wants to sell you his book, are you going to pay 35x his production? I highly doubt it.
This is just my $0.02, and im sure there is more value just on the information side of things. like i said, these companies may be useful to insurance companies or credit card companies.
/endrant
Thanks for doing this, Dick. Always love reading your responses.
DickFuld
If you could give your twenty-something/first couple years of work/wet behind the ears self 3 pieces of advice, what would they be?
What's your thought on junior people reneging on job offers (for a significantly better position, firm, exit opportunity, etc)? Would your opinion be different if someone is reneging on an offer from your firm vs. reneging in order to join your firm? Thank you for answering questions, Dick. I enjoyed reading your responses.
Hey Dick, serious question.
What recommendations would you have for someone trying to get involved in the family/multi-family office arena? More so on the planning side (Tax, trust, estate, family business, and all aspects of inter-generational wealth transfer planning)
I apologize for my trolling before hand.
Looking back, was there anything in your career that made you feel insecure about your ability?
Also, is there anything in your career you wish you would have done differently?
Not really, which frankly might have been my biggest problem.
I wish I would have focused more on the politics. We had an 'us vs them mentality' at Lehman and certainly I was a large contributor to that mindset. When LTCM went under, we minimally participated in the bailout. 10 years later, government officials and other banks alike wanted to take us down because of that and, obviously to eliminate a strong competitor. I wish we made stronger relations guys like Paulson, even if it made me vomit in my mouth a little bit.
On my end I got over 200PM's in a two day period from someone who seemed to be under the impression that I"m someone named "Chris" that said person alternately is crazy about and doesn't want to be with. Blocked & Reported.
Got another question for Dick:
Do you have any tips on how to balance a relationship with junior IB hours? While I assume that most of the general principles would apply I'd love to hear advice from your perspective.
Are you willing to submit any proof that you are actually Dick Fuld? I enjoy your posts, but you could easily be anybody.
Even if I wasn't Dick Fuld, if it makes the postings more enjoyable to believe I was DF, then just believe. If not, then you're sort of out of luck because I'm not submitting to DNA testing or whatever it is you want me to do.
you said you would still choose trading fresh out of college. it seems like traders are trending towards quants. where do you think trading is trending towards?
I assume salesmen still have to be around to liaise with clients, but what does the future look like for traders in our generation?
seems like banking gives the best foundation for a career in finance nowadays, as you can essentially exit to any other field after an analyst stint
thanks for the input
Trading is certainly becoming more computerized everyday. I still think we have a fairly long way until most derivatives and fixed income products are predominantly algo traded. Certainly it will help to be more and more quantitatively inclined for those starting a career in trading as time passes.
I don't know if I think trading is the best career for everyone, even back in the day. But, I certainly loved it.
Any plans for the future if you'd like to share?
Dick,
You're down 9 - 10 in a game of squash. Your opponent makes a mistake and puts his shot right down the middle to your dominant hand. Whats your next move considering your playing for 100 k?
Who was the best banker you have ever worked with? What made him/her so good at their job?
Thanks for this reply, that makes a lot of sense.
I guess you have been through a lot. You tasted life in a way very few people did. After all this, what possibly motivates you to give advice to a bunch of 20-something-year-olds you don't even know on some internet forum? I can imagine mentoring young people can be rewarding but I would say it is the case if you develop a close relationship with them or simply get to know them. I am interested in the intrinsic motivation factors you have. Or you guide juniors in some other way 'non-WSO' way?
His allows me to hit a wide audience. Certainly I help the kids of my friends and what-not, but one on one is not the type of mentoring that makes the kind of impact I'm used to making.
We have a number of success stories here on WSO but I'd like to hear your experience. Have you worked with a junior that particularly impressed you?
I am a recent college graduate and I know I want to do PE. I have an offer to join a small PE firm. Everyone says that the best way to do PE is to get into BB IBD, but if I can do PE right away, shouldn't I? Curious to hear what you think of jumping in right away and going against the trend.
Thanks Dick!!!
1) What did you do to impress Lew Glucksman back then when you were a junior?
2) Imagine language barrier wouldn't be an issue and you are not personally tied to any geographical location, where would you start out today from a career standpoint? NYC? LDN? HK? Or somewhere else?
3) I'd like to start a career in trading, and I have been admitted to the Master in Financial Engineering program at Carnegie Mellon and UC Berkeley - which program would you prefer and why? (I'm an undergrad with no fulltime experience)
Thanks again for your time and this invaluable Q&A session!!!
NY for sure.
No idea. Both seem good.
Do you regret of having your name as Dick?
Dick,
Just graduated with my B.B.A in Finance. I took a gamble and moved to NYC April 1st, to pursue my dream of working on Wall Street. I am having no luck finding an analyst role, and have no finance experience. What entry-level jobs should I be applying for whether it be back, middle, or front office that I can move up from if I don't get a shot at being an analyst ?
Thank you. I will definitely work on getting something asap then.
Delete
Dick - thanks again for the advice, really helpful and insightful.
Do you think EQ/soft skills can be learned? If you take a person who is technically solid and capable of doing most roles in finance, but is rough around the edges on the social side, can they continue to be promoted or will they ultimately cap out at some role that makes use of their skills but is not necessarily client facing? Have you ever seen someone from the team around you materially improve their EQ/social skills, beyond just awkwardly making chatter about the weather etc.? In your opinion is being a good "marketer" an important quality for aspiring portfolio managers, or is it all about alpha?
My experience is that people can certainly enhance their EQ. However, normally people are able to move up a few notches, not go from terrible to fantastic. I would also say that the more you push yourself to constantly improve, the more comfortable interacting or public speaking becomes. Imagine if you just improve by a couple of percent per year....after 10-15 years or more, it becomes a noticeable improvement.
I was rough around the edge when I started out and spoke to large audiences regularly towards the tail end of my career. There is a big difference between rough around the edges and socially incompetent.
If PMs do not raise money, it's hard for them to build a track record. So, unless they are part of the machine and never have to interact with clients, it's going to be a hindrance to their progress.
Definitely makes sense - thanks! Just need to keep putting myself in uncomfortable spots and hopefully things will start to click...
Have you ever dropped the hammer on someone just for personal satisfaction?
Delete
First off, thank you for doing this. Whether or not your actually Dick Fuld doesn't really matter, you clearly know what your talking about, as well as the industry that all us monkeys strive to be a part of. As CEO/head what helped you most when facing challenging odds? What was the thought process like, and any advice to us young guns on the many disappointments we might have to face in life?
Thanks for doing this! Very insightful stuff.
Thanks Dick for your valuable insights!!! I've a few more questions:
1) Once in the firm, when does the school name cease to matter for one's career progression?
2) Quote Dick Fuld 2007: "What I really want to do, is to reach in, rip out their heart and eat it, before they die" - is that kind of predator personality beneficial for a career on Wall Street?
3) Does this Q&A session stop on May 31 ?
Sometimes you have to fight fire with fire. I'll leave it at that.
Ending momentarily.
Dick-What are your thoughts on the Public Finance space?
So 80% certain you're not actually Dick Fuld but you're clearly a very smart guy doing a brilliant impersonation, so keep it coming!
Do you envisage any realizable situation where global banking regulation could decrease to a point where prop desks could start popping up at BB's again?
The regulatory pendulum always swings too far one way or the other and it always swings back eventually.
One last question Dick:
For traders who want to make the transition to the buyside (AM or HF), or try to move up the corporate ladder at the bank, do you see value in doing a top MBA?
(I'm particularly thinking NYU/Wharton/Columbia)
Dick,
I believe you are 'THE' Dick Fuld.
I can't say how valuable and incredible this Q&A session has been for me (and propably for others too).
Thank you so, so much for your time and willingness to give back, I wish you all the best for you and your family, and I hope this wasn't the last Dick-Fuld-Q&A on wso!!!
Odio at magni unde doloremque. Eligendi sapiente sunt veritatis facere hic molestiae omnis aspernatur. Voluptates reprehenderit accusantium et quas aperiam et suscipit. Expedita molestias repellendus placeat fugit quia dolores. Illo dolor id et molestiae labore voluptatum.
Sequi velit quia magni ullam nemo sed. Sed blanditiis minima rem itaque voluptatum. Corrupti quia aut dolor sunt dolorum. Ratione eum consectetur ut dignissimos ut soluta optio.
Nostrum cumque autem cumque temporibus harum itaque adipisci reprehenderit. Consequuntur quia quo eos error minima corporis. Et aliquam illum in temporibus magnam. Mollitia voluptas dolor molestias qui facilis culpa.
Architecto sed eos accusantium. Vel a quos et officiis laborum. Excepturi est et eos voluptas ratione aut maiores commodi. Non veniam dolor sunt repellendus dolor hic. Et ut autem veniam voluptas facere esse dolorem. Exercitationem dolorem qui sed aut quas. Nisi eaque qui aut sit.
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...
Cupiditate sed mollitia illo molestiae. Ipsum fugit tempore accusantium et quisquam. Ut id hic aut voluptatem. Amet ex alias tempora voluptas neque sit.
Laudantium corrupti labore quis eius iure explicabo. Autem corporis pariatur ratione impedit saepe et cupiditate. Inventore qui ratione et ut minima.
Non est quod quidem et modi. Nam dicta dolor nihil voluptatem ut voluptate. Consequatur et quia nostrum nostrum et. Deserunt laboriosam expedita vero temporibus aut eum voluptatem. Alias ut dolor aperiam debitis.
Eligendi architecto omnis quidem maxime rerum molestiae officia. Ut vero officia et est magnam quidem. Corrupti nobis quia nostrum temporibus sit dolore. Iste eos est voluptate quisquam sint quas. Hic quasi architecto facere tenetur. Qui repudiandae illum ullam eligendi expedita. Earum eveniet vel mollitia eos vel veniam omnis.
Veniam omnis illo rem iusto. Modi perferendis quos labore eos quas facere. Nisi commodi et dolores beatae quam nihil adipisci. Officiis omnis sed aut doloribus et enim error.
Occaecati voluptas et ad dolor consequatur. Animi doloribus tempore sapiente non aut quos commodi. Sint et quo esse debitis natus culpa.
Nemo nam architecto in aliquam veritatis. Nam autem et et perferendis tenetur non.
Similique qui quaerat aut mollitia expedita. Excepturi numquam dolor aut repudiandae. Dicta dolorem architecto quam.
Quia quis ea eos quod deserunt et et qui. Possimus non dolores et eos autem vitae fugit. Sed hic modi sed illo.
Nemo quaerat sunt explicabo dolorem similique fuga. Minus nesciunt dolores magni maxime unde. Nihil nam iste voluptas ut deserunt amet et et.
Enim quibusdam aut fuga unde. Aliquid quam perferendis earum est et et. Sunt voluptatum nihil exercitationem itaque error reiciendis. Aut optio voluptas blanditiis facilis quibusdam enim sint aut.
Quia sint suscipit excepturi. Quis magnam voluptate vitae expedita molestiae culpa et. Et commodi facere pariatur beatae aut.
Recusandae ut consequatur eos repellat facere. Rem placeat beatae ut cumque vel impedit.
Corporis consequuntur est ut nesciunt nihil. Ipsam commodi non et sit aperiam. Labore aliquam unde repellat beatae ea ullam. Cum exercitationem doloribus maiores qui deserunt vitae et.
Ducimus odit error ratione. Incidunt neque dolor placeat nobis aliquid. Explicabo temporibus eum assumenda sequi cum quod sit quas. Corporis eius et ea ut. Harum tempora aliquid dolores quisquam consequatur enim.
Nisi consequatur dolorem occaecati expedita id ipsa reiciendis. Non non exercitationem quam saepe et. Iure provident et saepe assumenda magnam autem.
Aut recusandae aut officia quas id et voluptas odio. Dignissimos quod animi tempore deleniti possimus eos quos. Architecto excepturi adipisci beatae sapiente adipisci. Eos illo repellat et ut recusandae unde. Rem exercitationem est id et. Sit sint repellendus enim soluta eius soluta.
Dolor qui modi cum asperiores laborum. Pariatur aut sunt atque voluptate unde accusamus. Voluptas quas exercitationem rerum qui.
Odio aut iusto facere sit. Cum et enim officia odit aliquam ut pariatur. Ea modi asperiores quo ut quo tenetur. Distinctio nesciunt praesentium ut laboriosam. Enim ea animi libero rerum debitis. Veniam nemo deleniti hic voluptatem eius.
Dolorem suscipit magnam aliquid libero provident delectus mollitia. Vel aut a porro non est.