Is it finance or this forum that attracts social rejects?

Every other day there's a thread about either:

1) Someone complaining about missing out on college due to recruiting (lol).

2) How to socialize with bosses/co-workers

3) Dating/Talking to women 

4) Someone asking how they should spend their free time in college (really?).

Bonus: Pizz who's been complaining on this forum for the last four years about women.

Discuss.

WSO Elite Modeling Package

  • 6 courses to mastery: Excel, Financial Statement, LBO, M&A, Valuation and DCF
  • Elite instructors from top BB investment banks and private equity megafunds
  • Includes Company DB + Video Library Access (1 year)

Comments (79)

  • Intern in S&T - FI
Aug 12, 2021 - 11:39am

Really surprised me too, if anything I would've thought the opposite. I know so many kids from back home or see videos of kids in middle school already vaping and drinking. I feel like everyone's getting younger and younger doing all that shit.

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
Aug 12, 2021 - 2:53pm

Also compare to the share of people under 30 that still live with parents.  Pretty well correlated.

Aug 23, 2021 - 1:04pm

You nailed it, those are exactly the 2 things that most matter in driving this

Other factors hinge on rise & quality of alternatives: a) video games (extremely immersive & high quality vs. what was out 15yrs ago) -- Gen Z's favorite activity is gaming (while it wasn't even top 3 for previous gens), b) high internet penetration & internet platforms (always have ton of other ways to engage your time which weren't as accessible 15yrs ago), and c) rise of high quality p*rn (you can get 1080p quality stuff online for free vs. waxing your paddle to a static magazine or 240p quality videos back in the day & distribution is not longer tightly controlled -- which means instead of 100-200 actresses you now have 1 million: fills every niche for every possible guy)

Effectively you have an even more inverted pool (thanks to scoail media & dating opps) along with a gateway to fill those now un-met desires with the various alternatives which leads to this perfect storm dynamic 

  • Intern in IB - Cov
Aug 21, 2021 - 7:11pm

yep, can't imagine what spillover effects we will see in the next decade due to an entire generation growing up like this. Not just with the rise of young male virginity, but also women not finding suitable partners as they're verging on their 30sx as poster alluded to below... 

Aug 12, 2021 - 10:57am

That statistic is interesting, it somewhat matches lower births across many Western countries as well.

If I look through my family and friends, it is shocking how many are not married and even the married couples don't have kids (for reasons unknown to me). During a family event we estimated that several families we know (inclusive of ours) will be extinct in 2-3 generations. Gone.

Aug 13, 2021 - 8:14am

Kids are a career positive to someone in Africa, they get more labor to help out with the farm or business

Kids are a career negative to someone in the US, especially a hyper competitive white collar person, you have to spend time with them, help them grow, a very time consuming thing

This is coming from someone who wants a large family

Aug 14, 2021 - 10:15pm

Why do white people don't have kids anymore??

I had a seizure reading this sentence. 

"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

  • 1
  • Analyst 2 in IB - Gen
Aug 12, 2021 - 11:34am

It's the latter really. You're just on an internet forum that tends to have a ton of uptight, hyper-competitive careerists who lack the depth to excel at anything else outside of (getting) a job. You'll see threads here fairly often with guys asking, after they have received an offer, so what's next or what are they supposed to do (in terms of life, etc) because they seemingly had nothing else going for them except getting the job - and that, in itself, speaks volumes in my opinion. This thread from last month was pretty much in a similar vein and somewhat instructive: https://www.wallstreetoasis.com/forums/are-all-kids-in-ib-goobers  Check out falconeagle's comment.

I think there might be a case for saying finance attracts these kinds of personalities who can't extricate self or identity from a job - you know the ones that I'm talking about: those who slavishly follow & debate to death prestige rankings, consume and worship those lame finmeme accounts, and derive their self-worth from nothing else but working in a top group and having lame company swag, but a lot of people I've met in real life so far are fairly normal (at least on the surface), so I still believe that it's availability bias due to the users of this website.

Aug 12, 2021 - 3:23pm

I think falconeagle nails it perfectly - the kind of person who tends to get into banking is the type of person who has fully bought into the "work > everything" mentality which is fostered from youth in certain circles (like the one I grew up in). Same mentality that has kids in high school protesting getting a 98 instead of 100 on a test (teachers are too afraid to say no or they'll incur the wrath of the kid's tiger mom), and then dropping arts classes and extracurriculars to boost their GPA. Same one that leads to parents bribing adcoms to the tune of $100k. This is every high powered field nowadays by the way - look at a law or medicine forum and people have the same obsessions.

It's like going to the gym every day for 20 years but only bothering to do bench presses. You're going to have a huge chest and nothing else until you realize how bad that is for you and start doing a more well-rounded workout. That's the unlearning process that happens after you start working your first real job.

Aug 12, 2021 - 11:40pm

A lot of truth in it, and it doesn't only apply to men. While I won't call myself an extremely interesting person, I dated a female banker who was absolutely boring as hell. The ONLY thing she does outside of work --- she's an Associate at a not-so-busy group, so she had plenty of control over how she spent her free time --- was looking at her phone, mostly TikTok. I was like, come on, there are other things to do on this planet. 

Aug 13, 2021 - 6:41am

Most corporate girls I met were like that, regardless even of industry. The few hours they had left in a week were spent on social media so they could catch up with all their girlfriends because their calendars didn't match and they barely saw each other. Almost nobody I met had any interesting hobbies, nobody spoke any languages, everyone dreams of traveling the world but almost no one actually does it, etc

Aug 12, 2021 - 12:05pm

Forum full of lames lmao. Hate to see it.

It wasn't always like this tbh, crazy how this website has devolved.

Array

  • Associate 1 in IB - Cov
Aug 15, 2021 - 5:27pm

I've seen you come back in the last few weeks just to post comments similar to this.  You're one of those dudes with nothing good to say but that can't stay away.  Make up your mind buddy you either hate the site or you don't 

  • Analyst 1 in CorpFin
Aug 15, 2021 - 9:05pm

I'm fairly sure you are one of the guys always mentioning how snowflakes/teh libs on here always get triggered by differing opinions on WSO. If the guy exerts his energy shitting on users and this website in general, then that's his prerogative. If that's how he feels then that's fair; I don't really see why that bothers you. It's also your prerogative to ignore lmao

Aug 16, 2021 - 8:42pm

I've seen you come back in the last few weeks just to post comments similar to this.  You're one of those dudes with nothing good to say but that can't stay away.  Make up your mind buddy you either hate the site or you don't 

Anonymous posts on an anonymous forum were the first step to WSO going to shit. Smh.

Array

  • 1
  • 1
  • Managing Director in PE - Other
Aug 14, 2021 - 6:50pm

I feel like it's finance period.  Even the 30+ crowd in finance has some extremely dweeby/douchey, weird and yet verbally aggressive individuals. This spans the sell side and buyside.  Here is what really cracks me up, when one of these guys (who acts like they are super badass and are all about sizing folks up) is at my club or somewhere similar and I shit you not, 75% of the time their wives are gross and "bottom bucket."  I will say, at first I was surprised and thought it was anecdotal, but being around long enough I think it's totally a valid thesis.  This also makes sense when you look at many of the responses on this site. 

Aug 15, 2021 - 5:15pm

I think in thirteen years of finance I met maybe three hot wives. And they were all the second wife.

People have idealistic dreams of who they will marry, both men and women. Who they fall in love with is most often someone else.

  • Managing Director in PE - Other
Aug 15, 2021 - 8:36pm

Fair, but I think it's simpler than that. They just can't pull anything vs how they act. Recall, a decent portion of these individuals think they are on par with elite athletes.  
 

maybe that's why they are constantly pissed off? Lol 

  • Intern in PE - LBOs
Aug 15, 2021 - 11:13am

This forum is literally full of incels. I keep saying it but nobody else cares. The amount of absolute incels on here is crazy. I hate 3rd-wave feminists as much as the next person, but come on. Like, I can't stress this enough, I've read so much incel shit on here. I have only interned virtually in finance and am not an actual analyst yet, but I really hope finance isn't truly like this forum. 

Aug 16, 2021 - 7:08pm

Whether you like it or not studies show that divorce rates are much lower for those who have not had premarital sex than those that have.

Array

  • 1
  • Associate 1 in CorpFin
Aug 30, 2021 - 11:13am

Yeah but you're missing out on having fun fucking horny girls when you're young, you know, that thing almost every man on this planet wants. This is the problem with some of you finance people, trying to justify lame behavior by quantifying aspects of life and arguing as if people who don't abide by these are less smart than you are. Wake up pal. If you die in a car crash tomorrow you will die a virgin and your stat will mean jack shit.

Aug 16, 2021 - 7:51pm

So uh are you guys saying making $200k+, driving a Tesla, and renting a swanky 1-bedroom can't make up for a bland personality?

Cuz I got a few ABG's to intro ya'll that'll prove otherwise lmao

Created a 1-step skincare solution for men. Purchase + reviews appreciated:

www.w34th.com

Aug 19, 2021 - 6:59pm

I feel like it's like this in every area of competitiveness or eliteness. Even my friends and I noticed that, toward the end of our time at an elite school, we started seeing a lot more socially awkward weirdos. Although I will say it's honestly a good thing frankly on the dating scene. It's like living life in easy mode if you make good money and have social skills to boot. That of course goes for younger people that are still dating. It's really sad honestly. 

Aug 23, 2021 - 1:14pm

Error et est debitis id quo. Quia rerum est sunt consequuntur et itaque consequatur.

"Work ethic, work ethic" - Vince Vaughn

Oct 8, 2021 - 3:22am

Dolores inventore dolorem est. Quia illo sit vel officia distinctio corrupti facilis. Non veniam cumque nobis tempore rem. Aliquid soluta molestiae nesciunt voluptatum harum aliquam omnis.

Eveniet et eius ipsum rerum quia cupiditate. Nostrum qui quo eligendi aspernatur.

Temporibus molestiae voluptatem consequatur sint vel inventore sunt. Sit et est quia id voluptate. Ipsam modi molestias laborum iure voluptas quas. Quia alias ratione quos rerum et ducimus.

Start Discussion

Total Avg Compensation

January 2022 Investment Banking

  • Director/MD (5) $604
  • Vice President (21) $384
  • Associates (144) $238
  • 2nd Year Analyst (84) $153
  • 3rd+ Year Analyst (15) $150
  • 1st Year Analyst (295) $142
  • Intern/Summer Associate (63) $143
  • Intern/Summer Analyst (225) $90