Now, this may seem like a silly question, but I somewhat assume that many people go into the industry for the money, but also importantly, the things that come along with that money and success. I'd be curious to see how many of you have actually seen your success in the dating scene improve (or even decline) as a result of taking and holding a job on the street.
I ask this question because personally, I find it hard to believe it has much of an overall positive effect considering the hours worked and overall lifestyle. However, I feel like many people have something like this in their mind as a motivation when they begin. Have any of you noticed a marked difference?
If you couldn't pull fire sluts before, having a job in IB likely won't change that. On the other hand, if you have always been able to pull the fuego, having a prestigious job will only improve your ability/chances.
Feels like there's been a lot of these posts lately. My advice, don't sweat it with women. Today's 'woman' sucks. She can't cook, won't iron, whines from entitlement, thinks about being a side chick, etc. Don't worry about dating once you start working, worry about being photogenic for IG and Tinder. Just bang them all until one is actually worth dating seriously.
+1. Amen.
No. Almost no one outside finance even knows what IB is. 99% of people you meet will assume you work at Edward Jones and sell mutual funds if you tell them you work in "investment banking".
Exactly, and that was kind of my thought as I was always wondering this...which begs a second question: do people know this going into Banking and then get let down, or do people still go in strictly for the money alone. I guess what I'm asking is, what good is the 'prestige' if no one even recognizes it or cares.
The analysts who went into IB solely for the money are usually miserable, especially when their first weekend gets crapped on by an MD or a client "insults" their model. That being said, I know plenty of analysts who went in solely for the money and learned only after starting that they enjoy other aspects of the job.
Haha this made me think of this post:
"IB keeps its' rep because no one will admit they slaved away their undergrad earning perfect grades to simply slave away at a IB as a glorified assistant. So they make it sound 'baller with how much money they make and how they are closing deals and what not. In reality, they are powerpoint b!tchboys (aka the deck) who make pretty presentations to the sellers of businesses. Modeling is part of the job, but not a huge part. Despite what you learn in the CFA, valuation does not equal price. Some of you were bashing me for my comp valuation I was attempting awhile ago and how I should use free cash flows. Look, we're looking to buy a company at the lowest price possible and justify it by comps in the market, not do a DCF valuation and pay what the company is hypothetically worth 10 years from now.
IB is like spring break. Any of you ever go? Every year tons and tons of horny frat boys go South to places like Cancun, South Padre, Miami, etc. to party and hook up each night with ease like MTV makes it out to be. I'm here to tell you that it's all a ruse. When I went on spring break, it was easily 10-15 guys per girl, and most girls kept close to their crew since they know what our agenda is. It was a far truth from what the REAL WORLD MTV made it out to be. But, no guy is going to admit they blew $2k on a spring break that was shittier than the run of the mill weekend in their college town; so they lie and say it was crazier than a GGW gang bang.
There you have it folks. The cat is out of the bag."
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