What Did Banking Used to be Like?
I saw a comment on a thread basically saying that current PE partners have no idea what analysts today go through because, when they were junior, cell phones didn't exist, computers were less relevant, and practices were largely different. This got me thinking and wondering how finance and banking in particular used to be.
- What were hours like? Did work generally shut off when everyone went home?
- How did communication work internally and externally without email?
- How were marketing materials/deliverables constructed and edited?
- How were models constructed and edited without excel?
- Was culture different?
If anyone has info on this, or better yet actual experience, I'd be really interested to hear your thoughts/stories