Proof that IB is more prestigious than RE
The other night, I walked into a bar (as an investment banker) with my friend (RE guy) and there were some gorgeous babes there. Immediately they flocked to me and started asking about my job. They literally didn't even acknowledge my friend, it was insane. I’m used to this kind of treatment but I realized it was because of how prestigious my career is in comparison to real estate
Many plot holes in your story. First, I'm not really sure how you arrived at the conclusion that your job as an "investment banker" is the reason they flocked over to you instead of your friend? You stated that both you and your friend walked into the bar and then they immediately flocked over to you. Assuming you have never met these ladies, how would they know you are in investment banking and that your friend is in real estate? If you do know these ladies, then maybe your personality is the reason they flocked to you instead...but judging from your previous posts, you seem like you may be on the spectrum...so this is a bit hard to believe. Second, your job title says "Prop Trading - CMO"...not "investment banking"..."CMO" is short for Chief Marketing Officer, right? Which I guess you could make the argument that investment banking is basically sales and marketing, but prop trading? Third, why are you friends with someone who works in real estate? I thought you were "prestigious?" Why are you hanging out with someone so "unprestigious?"
OP please confirm that you did or did not do this. Would make your story a lot clearer. I'm really dying to know if by working in investment banking and especially at "The Goldman Sachs" if I can really get "gorgeous babes"
Ok buddy. It’s an aura that only the prestigious members of society give off. I have a prestigious wardrobe, prestigious haircut, prestigious scent, prestigious facial expressions, prestigious way of walking, prestigious mannerisms, etc. I am the ultimate prestigious individual
Lame response. Hit the edit button and try again
Yea this fell flat. Be more funny please
i lik bildings :)
You’re the Jason Blaha of finance. Non negotiable
I’ve always wondered why these lil dweeb bankers always come into the RE forum time after time to say this same shit. Noone here even give a rats ass if you wipe buttholes for a living.
Grow a pair you lil pussyass bitch.
last sentence really spoke to me. So eloquent and succinct (there is no way you're a VP in RE, you speak like an angry 7th grader). Also yes, the bare minimum of ~150k as a 22 year old in banking is most certainly minimum wage. Bad post, not even remotely funny. Additionally, maybe is 1 word. Pls fix, Thx - Sir Ax
There was an analysis on per hour pay for junior bankers a while back. While not as accurate today with the big pay bumps that have been happening over the pandemic, but it found that when accounting for overtime pay strucutre that jr bankers were making only about $1.25 - 1.50 over minimum wage. When you work 16 - 18 hours per day 6 - 7 days per week that per hour number starts to drop really quickly. 14 hours per day on average prepandemic pay of 100K base is just over $19/hour. Back when the analysis was done the pay was closer to 85 - 90 base at 16 hours per day is $14.90/hour.
Alright I'll spare you my 2 minutes to walk you through the math here.
150K (base+bonus for a first year analyst), accounting for overtime of 150% pay per hour, equals to a non-overtime wage of $22 per hour. $22/hour will get you 45K/year salary (assuming you work 40 hours a week and have enough time to take a shit and bang chicks). $45K/year is minimum wage for a college educated person. You got that?
Now get your pls fix out of my face and go back to fixing powerpoint
Yeah, sounds like you reeeally don’t care haha
IB cannot function without buildings. Checkmate.
Technically they can function with office buildings...
Qui accusamus beatae cum qui quam dolor. Et ea officia repellat eligendi fugiat. Dignissimos veniam nobis nisi. Repellendus sed autem quia id. Illo rem autem est. Voluptatem officia a quidem possimus.
Nihil natus ab distinctio inventore numquam. Non excepturi illum a unde voluptates. Quas nulla vel voluptatem est. Molestias animi rerum sunt est libero tempore. Laborum accusantium sit est praesentium ut totam. Accusantium nobis sed pariatur aut ut.
Et dolorem quis ducimus voluptatum quibusdam numquam voluptas. Vel dolorem quam cum assumenda sint ipsa odit. Qui laboriosam error aut.
Eveniet beatae sed atque aliquam impedit. Molestiae veniam iste eum cum rem aut. Aut ut dolores quo adipisci. Laboriosam explicabo inventore tempore aut est repudiandae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...