How You Phrase Things Matters

Just curious on your opinions: what are subtle (or substantial) tweaks that you've implemented in your daily conversations to be more convincing? Beyond being generally charismatic, and having some degree of care for the other person, it seems to me that it's very important to be humble - even if the idea is the same, the phrasing can totally throw people off.

I feel like I've seen this dozens of times on WSO. One guy goes "Top target graduate, top BB IB (think GS TMT), MF PE (think KKR, Apollo, Bx), then HBS (Baker Scholar). Ask me anything". And another person might go down the same path, but phrase it more gently / humbly, and the first post will get a ton of monkey shits and the second gets no monkey shits / a ton of SBs. Might be a moot point but I found this to be an interesting observation

 
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Agreed, the way you say things definitely matters.

Being humble is the number one thing I look for when I talk to someone who went to a prestigious school or works at a "prestigious" firm. Nobody likes or respects an asshole, and if you do, you're probably one yourself. There's a difference between being humbly proud and being a condescending prick. Choose wisely.

But more general advice would be to:

1) Always listen, no matter who is talking. There is always an opportunity to learn from anyone in the room, you are not the smartest and you don't know everything. Plus women especially like it when you listen to them ;)

2) Don't apologize for any errors you make - they don't warrant an apology. Sack up and say it won't happen again. I hate it when interns and analysts over-apologize for errors. Like, I'm not gonna ground you like your father would, just don't repeat it or it's a problem

3) Ask genuine questions, not pussy-brown nosing questions, actual thought-provoking questions. And if you don't have any, don't ask - you're wasting time

4) Seem at least somewhat happy in the office even if you're on back to back staffs. No one wants to work with a complainer or one with a bad attitude

5) Don't trash your coworkers - it's petty. Their lack of work product will speak for themselves, no need for you to do it too

6) Please for the love of god, do not speak about the work you do or what firm you work for outside of work. That is for the 19 year old interns who jack off to Litquidity and Finance God on the gram. Again, that shit is petty and you as analyst (not actually you, 22+ year olds) have no business doing it

7) If you mention compensation or how much money you or your fund made last year, I will look at you how Mark Baum did in the Big Short at that Asian guy and walk the fuck away, petty action #3

I'm not sure if this is what you were looking for but I think this may be general advice for those on the younger side of things. Be pleasant, be motivated, and get paid. Just don't fucking talk about it.

 

Great synopsis. Will be trying to follow these guidelines this summer (if it happens lol)

 

Agreed 100%. I would also add that it is very important to grow the F up after you graduate college. Don't act like a frat bro, be a polite/genuine person, and PLEASE don't be a chronic complainer. Nobody likes complainers...be a solutions guy, not a problems guy!

Here's a story of what exactly NOT to do: I agreed to meet with a recently graduated guy looking to break into investment banking for a beer. We proceed to get 3 beers deep and the guy just starts RIPPING on one of our mutual acquaintances about how jealous he is of him. For 15 minutes straight he could not stop talking about how unimpressive this other guy was and how he didn't deserve his BB and PE offer! Keep in mind, I barely know this guy (or the guy he's ranting about)...Then he proceeds to fucking BELCH. He wouldn't stop burping directly at my face! I still remember the smell... After that, I just called it a day and bailed...probably one of the worst networking meetings I've had with anyone. After that, no more networking drinks with college kids.

 

Good summary here, thanks! I would add:

A) don't go bragging about your all-nightners or how many hour you put into last week. You'll eventually come to realise that it is not that special or unique, and will see how ridiculous are those bragging and moaning about it. Man up and do what you have to do.

B) Don't complain, don't explain.

C) one that actually goes in the direction of what OP is asking: I've tried to replace "but" with "and", where appropriate. Not always, but oftentimes it gives a far different spin to the conversation/correspondence. Takes a while to get used to the tweak, but works quite well and it's easily done.

D) taking the time to write Thanks, instead of thx (or tx); best regards, instead of "be" or "best" (or best rgds), please instead of pls. The few nano seconds of your precious time you are saving are definitely being withdrawn with the lost credit with your counterparty

E) be polite. Yes, you can be direct, assertive, even aggressive, but if you are polite, it has twice the effect. And may save your butt as well

F) be grateful and gracious G) give credit, where credit is due H) be sincere. Truth is the safest option

...and for the love of whatever deity you follow don't write you are "humbled and honoured" of anything. Probably it was original and sounded genuine back in the day... No, not anymore

J) before you blurp a problem you have, think hard beforehand about possible solutions. K) golden rule L) socratic three filters: goodness, truth, importance. Google them if you haven't read about them, it is worth it. Really.

Edit: as the famous writer said: if good and short, twice as good.

Keep it simple and easy to understand. Karl Popper once wrote against obfuscation in writing/explaining ideas. If you have something relevant to say, you'll find the easiest words to explain yourself and get the message across.

Modesty and self awareness, self reflection

 

“For those who exalt themselves will be humbled, and those who humble themselves will be exalted.”

-Matthew 23:12, Luke 14:11

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

It's good to be humble, but I don't think it's good to be too humble. At a certain point, you have to be willing to assert yourself, point to your actions (not just your words), and tell someone why your opinion is credible and why they should listen up. And if you're early in your career, then put your nose down and grind until you get to that point where your opinion matters.

 

One piece of advice I got was "think more, speak less, and write even less." Haven't always remembered to follow it, but I feel I've generally done better at things when I do.

Separately, I've noticed some job environments are all about this and some aren't, i.e. some places are all about lots of meetings and reports and other places encourage right answers (thinking) over meetings and reports. Not hard to guess which one seems like a better place to work.

 

Being conservative, reading that book (and following the advice) is a ~3,000x return on both time and money. Everyone seeking to network their way into IB should read it. Plus, it'll make you a better person.

Array
 

Guys, does something like this really make a difference? I mean, you know the intern/analyst is just trying to help... and you're gonna ding him based on these semantics?

 

At more senior members, what are some tactics or mental tricks to keep in mind when presenting information to executives, specifically when you 1) are giving bad news e.g. xxx segment is underperforming, and 2) when you want to strategically withhold information

Have had trouble with the above, veering towards being too frank as I climb through middle management...thanks!

 

I think "no problem" is supposed to imply that whatever you did for the other person might have been a problem. Come suggest you need to say "anytime" instead of no problem to avoid this implication. Still, some have problem with saying "anytime" because it implies you're a doormat and would do whatever you did at anytime of the day. .

 

Some advice a partner at Kirkland once gave me:

1) Say "My pleasure" instead of "No problem". When I hear someone say "no problem", it sounds more negative.
2) Never start a sentence with "To be honest..." It sounds like you were being dishonest before. 3) When you know someone is wrong, ask to understand and lead them to your perspective. With practice, this can help you become more convincing.

 

The way you say something matters. That's certainly true. But the speaker matters just as much as what's spoken. The look and demeanor of the person can completely alter the context of otherwise identical content. This is most readily seen in quotable quotations. Most quotes wouldn't be quotable if the person to whom they are attributed wasn't already notable.

"If you're going through hell...keep going."

If I said that, it might get a chuckle and be forgotten. But Winston Churchill said it, so it's memorable. Churchill is a great example of a person who could get away with saying a great many things that others could not. The speaker matters. The way you carry yourself, your natural loquaciousness and your quickness of mind all matter. I have seen someone fluently and deliberately curse in a professional setting without anyone batting an eye. But that's a rare ability. You can't do that if you don't sound like Hemingway. For everyone else, professionalism means never cursing.

I'm convinced that charisma isn't teachable. Otherwise, Mark Zuckerberg wouldn't be such a punch-able weenie. That said, I think you can refine what you've got. For most people, the easiest way to do that is through emulating someone you admire. This takes some introspection as Mark Zuckerberg can never be anything like Winston Churchill, but he can be a little more like Bill Gates.

For each of us, there aren't many hard-and-fast rules that can be generalized to the population at large. I can't pull off the word 'bro' without sounding ridiculous. I guess there must be someone on the planet who can non-ironically use that word, but I've never met him. My writing and speaking style is largely stream-of-consciousness. That doesn't work for a lot of people. If you can't crank out A-quality work on a first draft virtually every time you sit to write, then you can't do that when you speak either. Good writing and good speech are intrinsically linked to your ability to convey a message. Most people are bad at both.

To overcome that, you need to prepare more studiously for meetings and save your commentary for moments where you have something to add. If you can't carry a room when you're out for drinks or at a party, what makes you think anyone wants to listen to you in a board room for any length of time? Try to be honest with yourself about where you excel and hone that skill. Sometimes it's better to speak fewer words but to make them count. In fact, I'd say that's almost always the case. Phrasing matters a lot less when you say little but everything you say carries weight.

 

Humility is actually a great indicator of self-confidence. If you lack confidence, you need to brag. If you feel confident, no need to boast, and much more authentic - no one is perfect, and perfect is not even aspirational. It makes others uncomfortable. You can show total confidence without making the other party ill-at-ease. Especially with clients - it's not a competition. It's a collaboration. Believe me, people know quite quickly if you're intelligent, diligent, accomplished, etc. No need to advertise. Let someone ask where you went to school, or look at your LinkedIn for the grand details. Being human and relatable, even vulnerable (e.g. a client tells you a mild personal issue, and you commiserate with something comparable), is great. It's that thing they call EQ, and it is an easy way to connect with colleagues and clients alike. The psychology of narcissism - to give the extreme example - is actually behaviors of someone trying to compensate for a very fragile ego, and for self-doubt. No one roots for the braggart - they wait for them to fall off their self-made pedestal. Humility doesn't mean self-deprecation, it's self-awareness and fostering communication and connection. Interestingly, or oddly, depending how you view it, in recent years there's an obsession with over-stating one's accomplishments, life, etc. Extreme grandiosity, to the point of being completely fake. I hope the pendulum swings back.

 

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