5 million dollar you can make a perpetuity that pays you 200k each year, assuming a 4% rate.

"Everybody is a genius. But if you judge a fish by its ability to climb a tree, it will live its whole life believing that it is stupid"
 
BlackHat:
not about the money, it's about winning.

50m tho.

Amen to that. To me, it was never about the game, it is all about winning. If I made money at the end, sure why not. But just making money is not enough to make me happy. I want to win. I want to compete. I want do defeat all of my opponents.
"I am the hero of the story. I don't need to be saved."
 
Human:
BlackHat:
not about the money, it's about winning.

50m tho.

Amen to that. To me, it was never about the game, it is all about winning. If I made money at the end, sure why not. But just making money is not enough to make me happy. I want to win. I want to compete. I want do defeat all of my opponents.

“It is not enough merely to win; others must lose.”

 

This is going to sound ridiculous but ever since reading the Jim Leitner interview in Inside the House of Money, running my own family office has seemed like best job I could ever think of. It apparently takes a net worth of 100 Million to make that a viable proposition, so there you go. Any gains above 2 Bill would automatically go into a conservatively managed GoodBread Foundation, focused on eradicating world hunger.

 
sayandarula:
however much an inflation-protected annuity that pays me $250k/year costs.
Dude, you're getting soft. That should be pretty easy to ballpark. Just use a constant inflation estimate as the growth rate and give yourself 40 (generous) years to collect it.

Do the math and give us a number

 
gammaovertheta:
sayandarula:
however much an inflation-protected annuity that pays me $250k/year costs.
Dude, you're getting soft. That should be pretty easy to ballpark. Just use a constant inflation estimate as the growth rate and give yourself 40 (generous) years to collect it.

Do the math and give us a number

i've actually done the math before... any suggestions on a discount rate? and average life expectancy of the American male is 75 years, so i would be collecting over 50 years if i were to retire today.

Money Never Sleeps? More like Money Never SUCKS amirite?!?!?!?
 
Tommy Too-toned:
steven ridley went to Rio with 150 bucks and STILL had sex with a Swedish gurl

jus' don't do too many raw dogs... shortees expensive brah

New Swagon troll account? It's definitley someone's troll account.
 
Connor:
Tommy Too-toned:
steven ridley went to Rio with 150 bucks and STILL had sex with a Swedish gurl

jus' don't do too many raw dogs... shortees expensive brah

New Swagon troll account? It's definitley someone's troll account.
connor u cray dawg
 
Connor:
Tommy Too-toned:
steven ridley went to Rio with 150 bucks and STILL had sex with a Swedish gurl

jus' don't do too many raw dogs... shortees expensive brah

New Swagon troll account? It's definitley someone's troll account.

Swagon is Swagon's troll account, c'mon now.

I hate victims who respect their executioners
 
Surefire:
happypantsmcgee:
Its not enough that I succeedd, others must fail.
eh beat me to it
People that turn it into a heirarchy of egos annoy me. It's like the IBD first year who looks down on a retail guy pulling in $5MM, they're just missing the point: this is about money. If you want 'glory' then be the best at what you do.
Get busy living
 

I'm not a Troll, I got my shirt tucked in and my shoes tied tight.

All i wanna do is have fun with my luvved ones. If that means stackin' a few bills in San Fran or NY, so be it.

If that means sittin' courtside with Beyonce, so be it. Stop hatin' on my game. I just play it to play.

Y'all sound like a bunch of Winklevosses

 

Not sure. I want 4 years of private undergrad paid for each of my kids. I wasn't able to go to the undergrad school I wanted, I don't want money to be an issue for their decisions. So that's 200k for each kid (probably more by the time I get around to having them). Don't really want too crazy of a house. I was just thinking about franchising restaurants to supplement my income... quick read showed that Chickfila's net store owners 100k a year, while Bojangles brings in 330k.

http://www.forbes.com/forbes/2007/0723/080.html

As long as I can have a few cars, keep the wife happy, I'm not looking to be an oil barron or anything. I want to get out early too... 45 would be nice.

 

Voluptas assumenda ab earum odio. Et omnis voluptas non dicta placeat et doloribus. Enim debitis quas odio quia possimus. Nulla ratione quae impedit fugit inventore omnis. Maxime et et iure earum.

Cupiditate delectus quis quidem eligendi consequatur adipisci repudiandae. Enim dolorum aut qui et rem.

Quisquam reiciendis accusamus voluptate nostrum corrupti aliquam. Nobis dicta beatae minus. Enim sit explicabo et. Accusamus eum cupiditate sit et quibusdam. Delectus veniam quae totam quo totam illo.

 

Fuga explicabo qui eaque ipsum alias. Dicta molestiae aut tempore et. Consequuntur maxime quae voluptatem est placeat et totam sint. Et hic quod omnis labore.

Quo cupiditate corrupti quidem molestiae nostrum quisquam. Omnis ad cupiditate numquam reiciendis quibusdam velit.

Veritatis eaque eos deleniti cupiditate aut aut. Tempora delectus possimus unde est. Omnis deserunt et accusamus occaecati consequatur eos. Illum exercitationem quae repellendus. Adipisci velit doloremque ex rerum.

Praesentium voluptas ab sint sequi voluptas labore voluptas. Impedit qui beatae voluptas placeat et quia ipsam. Eum ea repudiandae nihil doloribus quis magni voluptas.

Follow the shit your fellow monkeys say @shitWSOsays Life is hard, it's even harder when you're stupid - John Wayne

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (86) $261
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (145) $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
Betsy Massar's picture
Betsy Massar
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
numi's picture
numi
98.8
10
DrApeman's picture
DrApeman
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...”