is it worth buying the newest macbook?

To give context, I am currently a sophomore in college working term time at a small hedge fund that my friends & I began over the summer, and consequently, spend a relatively decent amount of time on excel on a regular basis. I also frequently travel down to see my girlfriend (6-hour bus commute) and often work on the road.

That said, my existing setup is comprised of two computers: a 2018 MacBook pro (that I use for all daily consumption: classes, news, youtube, facetime, iMessage, etc), and an old Surface Pro (that I link to a monitor) for excel and work.

I've been thinking about upgrading to the newest Macbook Pro: I love the changes they've made to it, especially the M1 chip. I love the keyboard too, the overall design is super sexy, and the inter-Apple functionality is great. I've also heard that the new Macbook is way faster than previous ones, and the fan rarely goes off so it stays cool. Simultaneously, though, I also want to have a mobile laptop with excel shortcuts for when I'm traveling. My Surface Pro is quite bulky and heavy so I always avoid bringing it with me when I go places - I end up working on models with clunky Macbook shortcuts, which not only disturbs my workflow but also makes it weird when I transition back to my normal setup. 

I'm just curious to hear everyone's opinions on this - does it make sense for me to invest in the newest Macbook Pro and buy a ~mid-tier windows computer with excel shortcuts, or would most people recommend I just buy a high-quality windows laptop that I use for both my work and daily computer?

I'm sorry if this seems somewhat arbitrary/silly - I've just been pretty conflicted, and my parents keep telling me to hurry up and decide so I can take advantage of Black Friday deals. 

 

I'm a fan of Apple but it's useless for ML too. Can't run anything on it. I literally have to SSH into an AWS box just to run anything on it.

Note this is due to the M1 chip architecture. I’m sure there will be more adoption with tooling but it’s not there yet.

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
 

I’ve had the Lenovo for 3 years. gen 1 extreme. I enjoy content and the mini led display is for sure worth it. Makes the extreme redundant in certain aspects but thinking of selling it for a desktop replacement.

 
Most Helpful

It's not stupid - this is partially why Apple is a multi trillion dollar company. Their products are so cool, sleek, etc. that you will make sub par productivity decisions just to have them. I'm half kidding - but when it comes to excel, that's the case (even though there are plenty of good options - bootcamp, etc.) 

I would get a windows laptop - spend some money, get a really nice power/thin/sleek one - and simplify your life for a little while. Since you seem very serious about the hedge fund, modeling, etc. that is probably going to cause you the least amount of headaches (and maybe you can write it off!). 

I'm going to have to do the same thing here soon - my work laptop, a Lenovo, will be off limits for personal use. Thus I'll be in the market for a laptop again after many years of avoiding it. I don't model heavily in my personal life, so I'm hoping to end up with a Mac or the Ipad Pro (new one). 

 
[Comment removed by mod team]
 

Get a Dell XPS. Was in a similar position as you and still a college student but going into IB. Unless you really need the power, an XPS is plenty enough for school and Microsoft Office apps. It’s better to get used to windows and excel shortcuts now so your more used to it on the job. It will save you time. You’re not going to see a mac in the office.

 

I would recommend getting a Windows laptop from Best Buy as you can get really good insurance for 2 years that covers everything.

I bought a Lenovo Yoga from them 3 years ago, but it finally died. Now I have a Lenovo Legion that I recently purchased and really like it so far.

"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
 
[Comment removed by mod team]
 

Yeah maybe I could have gotten it fixed, but keyboard stopped working for some reason. I couldn’t use a usb keyboard either.

"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
 

I did pretty much the same. Firm gave me a reimbursement allowance for a laptop, and I decided to go one step further. If $1,500 of it is "free", I can afford another $800 out of pocket for something with real horsepower that covers personal and professional that'll last at least 3 years then repeat the cycle.

The poster formerly known as theAudiophile. Just turned up to 11, like the stereo.
 

Note that M1 is ARM-based and that running Windows things on a Mac will be more difficult for a few years ... e.g., can no longer dual boot into Windows, and if you run it in a VM via Parallels you have to use the ARM version of Windows which is still experimental. Also, software that is not available for ARM has to be emulated, which can hurt performance.

Just saying.

 

Exactly this. I have an M1 Mac and am currently building my own custom solution to the problem, which is super annoying. I'm a software engineer and running some proprietary stuff with custom video streaming platforms and that tech is straight up incompatible. 

“The three most harmful addictions are heroin, carbohydrates, and a monthly salary.” - Nassim Taleb
 

Absolutely not. Excel for macOS is shit. Lots of plugins don't work. It's slow. 

If you want it for personal use, then sure. I actually love my M1 MacBook Pro. But I would never use it for financial modeling, making slide decks, or anything else that the industry requires.

Currently: future neurologist, current psychotherapist Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 

On the contrary, I'm a huge Apple fan. All of my tech is on Apple - laptop, phone, watch, tablet, AirPods, HomePod. What you're saying isn't true - the two versions used to actually be different. There were features on one that aren't present on the other. And of course- you can't do VB macros on macOS because, well, it's VB. The move to Office 365 helped fix a lot of these issues, but in the years prior to that, I remember struggling immensely to work with the macOS version of Office. Pivot tables/charts didn't used to exist on macOS Excel, for example :(  I had to switch laptops when I started my MBA because my MacBook Pro wasn't cutting it and I was tired of having to use Parallels/Boot Camp. Office is also known to be a memory hog on Mac vs. Windows.

Currently: future neurologist, current psychotherapist Previously: investor relations (top consulting firm), M&A consulting (Big 4), M&A banking (MM)
 
[Comment removed by mod team]
 
Funniest

Hell yea man, think different, be unique with that macbook, iPhone, airpods and apple watch. Make sure to take notes on your iPad in class to really stand out. No one else will be like you, “one of a kind” they’ll say. People will ask for your perspective that only your “outside the box” mindset can bring to the table. Consooooooooooooooooooom!

 

I was thinking the same thing and decided not to buy cause from my experience Apple products are actually getting worse, not better. I have a 2019 MacBook now and sometimes I get sticky keys (the keys get stuck and I can't type properly), and several times the monitor was completely black while the laptop is working and there is no way to turn it on (there is a special reboot solution that has to be used), plus battery is acting weird - sometimes it show like 20% and then the laptop switches off in a couple of minutes without warning and doesn't turn back on until I plug in the laptop, and the laptop overheats sometimes and gets noisy. I remember I had a MacBook back in like 2011 and I used it for ~5 years and it was much better and didn't have such issues.

 

same experience with the screen, battery, and especially the god dam keyboard (i cannot emphasize how much i HATE the butterfly keyboard; i love playing typeracer and i swear to god ive losted so many times cuz of this dogshit) - thing is i heard the newer one resolved so many of the problems with the previous 2017-2020 models (updated keyboard, m1 chip which resolves battery and speed issues); thats why i was so excited about it but i think after reading everyones comments, the cumulative advantage of just getting more fluid with excel shortcuts & money saved probably outweighs the marginal satisfaction i get out of buying the new mac. thank you to everyone for their opinions 

 

If you’re going into finance I highly suggest getting a non-Mac such as a thinkpad or something. Being fluent in windows excel and all the other Microsoft office products is pretty crucial and will only help you when you get into the working world considering it’s very likely you’ll be given a non-Mac as your work machine.

 

Best Buy lets you buy a laptop and return it after 7-10 days (I think). This could be a good way to grab a Lenovo or Dell and try it out and then return if you don't like it.

What do you call an economist who forecasts? Wrong!
 

Vel omnis numquam vel ut qui ea qui. Natus architecto repellendus eos voluptatem aliquid. Fugit mollitia velit sequi itaque qui. Esse nihil molestias adipisci eos laudantium qui est. Excepturi recusandae voluptatibus qui asperiores sequi voluptatem sed.

Vitae sint minus voluptas. Ut maxime ut consequatur necessitatibus dolorem corporis. Quam possimus illo et sit non quisquam. Et dolores consequuntur saepe quia omnis aut minus hic.

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 (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $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

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...”