Damn it feels good to be a banker?

Hey all, new to the forum here. been cruising many posts over the past few weeks and think this is a great website. Provides meaningful insight from professionals in the industry. onto one topic i wanted to address, i just picked up a copy of the book damn it feels good to be a banker. i read it and i really am a little shocked at the culture that this guy portrays about investment banker. Now as someone who goes to a school which he would scorn, and being born from immigrants, i feel that investment banking would be a haven for blatant racism and disrespect. is this truly how things are in investment banking? are most investment bankers like this guy, ego-centric and disrespectful towards anybody who does anything besides investment banking? before i get roasted, i am just curious to know other IB'ers opinions if you have heard of or read the book. thanks.

 

When you have a bunch of guys from similar backgrounds spending most of their time together, there will always be some sort of fraternal bond that entails exclusion and, to some degree, contempt...

I don't think bankers look any more scornfully upon, say, construction workers than construction workers do upon bankers. It just depends who you identify with more and whose perspective you're looking at it from.

 
Ovechkin:
When you have a bunch of guys from similar backgrounds spending most of their time together, there will always be some sort of fraternal bond that entails exclusion and, to some degree, contempt...

I don't think bankers look any more scornfully upon, say, construction workers than construction workers do upon bankers. It just depends who you identify with more and whose perspective you're looking at it from.

Don't know what the hell you are talking about here.

 
Best Response

It gave a real life perspective of IB lifestyle and confirmed my notion that all bankers are pompous assholes who use their BB connections to get models and bottles on the one Saturday night of the month that they aren't making pitch books and spreading comps

and there was nothing modest about the Irish eating their own children...

 

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Reality hits you hard, bro...

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