What is wrong with you people?

Billions of people go without food or water each day, millions are in child prostitution or slavery, millions are killed from unjust government and war

and people here make it out so that getting a $100K+ job at a place that isn't Goldman Sachs out of undergrad (aka 2x the average salary to feed a family of four in one of the richest countries in the world) is the worst thing possible, and consistently bash on top 20 firms.

You do realize the average Wal-Mart greeter or even McDonald's worker is considered extremely well-off and fortunate versus the 90% of the 3rd world right? You don't have TB, malaria, AIDS, etc. that many people struggle with

and yes, I've written joke posts on here to make fun of the average mindset but people misinterpret it as me being an asshole (hard to sense sarcasm online I guess), but its sad to see some of the superficial stuff on here that's actually reflective of opinions towards UBS, piper, etc.

 
WallStreetOasis.com:
wow, a mature post from ricochetX? wtf is going on?

If you notice, the most knowledgeable members (ie Certified Users) rarely, if ever, bash these firms...

A reminder to keep perspective is always welcomed by me though...so thanks.

-Patrick

So I guess we can infer that Patrick intends to certify ricochetX soon. Well, we all hope so, at least.

 

Well.......

I do think the people who talk about their fancy watches are a bit silly, but just remember how good YOU have it. I bet the last time you bought your mocha no whip skim decaf cinnamon grande latte for $8.50 you didn't give a hoot that that money could have bought a kid in New Guinea a goat. How do you justify your extravagances, or is it a matter of degree rather than principle?

No matter. You gotta realize at some point that unless you're dead it can always get worse and so there's always someone worse off than you who you could help if you weren't so "selfish".

That's life kid. It blows.

 

[quote=monkeysama]Well.......

I do think the people who talk about their fancy watches are a bit silly, but just remember how good YOU have it. I bet the last time you bought your mocha no whip skim decaf cinnamon grande latte for $8.50 you didn't give a hoot that that money could have bought a kid in New Guinea a goat. How do you justify your extravagances, or is it a matter of degree rather than principle?

I agree - I have stressed how I think top MM firms are a great place to start a career.

HOWEVER, i think your quote about "buying a goat" is absolutely hilarious. Thank you for making what is sure to be a long day enjoyable.

 
Krug][quote=monkeysama:
Well.......

I do think the people who talk about their fancy watches are a bit silly, but just remember how good YOU have it. I bet the last time you bought your mocha no whip skim decaf cinnamon grande latte for $8.50 you didn't give a hoot that that money could have bought a kid in New Guinea a goat. How do you justify your extravagances, or is it a matter of degree rather than principle?

I agree - I have stressed how I think top MM firms are a great place to start a career.

HOWEVER, i think your quote about "buying a goat" is absolutely hilarious. Thank you for making what is sure to be a long day enjoyable.

Judging by the "goat" comment, it sounds like someone watched the Night of Too Many Stars, Autism awareness telethon, lol.

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so." - Ronald Reagan
 
Krug][quote=monkeysama:
HOWEVER, i think your quote about "buying a goat" is absolutely hilarious. Thank you for making what is sure to be a long day enjoyable.

Well you've obviously never been to this site:

http://www.worldvision.org/content.nsf/pages/gift-catalog-dynamic-searc…

Chickens: $25 Goat: $75 Ducks: $30 Soccer Balls: $16 Emergency Food: $50 Sheep: $105 Help for Sexually Exploited Girls: $25

 

In the race of life, everyone is just trying to get ahead of the other guy. In a race, when does anyone care about who is behind him.....while it might be depressing, I'm too much of a pragmatist.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 
Gekko21:
In the race of life, everyone is just trying to get ahead of the other guy. In a race, when does anyone care about who is behind him.....while it might be depressing, I'm too much of a pragmatist.

Well let's not go crazy. I wouldn't fuck someone over just to get a 3 percent raise, for example (although maybe that's your style). But neither am I, or anyone else, going to live like a hermit to give to the poor. I mean fuck that being poor yourself for someone else's benefit ain't worth it.

 

I don't know, you eventually (hopefully) reach a point where you don't give a shit about other people. Go pick flowers while everyone is racing. Eventually everything gets old, the luster fades and you become miserable. Cool shit only seems cool when you cannot possibly have it. Once you have it you want something else.

 

All the bashing on WSO just hurts WSO

Try to get a bank to endorse the site, only to find themselves victim of some a-hold like Jimbo Jones or Fordhammaster or whomever.

Trolls should be instantly banned and troll posts removed, and there ought to not be such a high barrier to get posts removed.

This site can be a joke of slurs and all that, or people can take it seriously and it can become a serious business.

What's it going to be guys?

 
MeNeverSleeps:
All the bashing on WSO just hurts WSO

Try to get a bank to endorse the site, only to find themselves victim of some a-hold like Jimbo Jones or Fordhammaster or whomever.

Trolls should be instantly banned and troll posts removed, and there ought to not be such a high barrier to get posts removed.

This site can be a joke of slurs and all that, or people can take it seriously and it can become a serious business.

What's it going to be guys?

Relax Chief. This site has a wealth of info and it is also a place for people to blow off steam. No need to clamp down totally.

 
Anthony .:
MeNeverSleeps:
All the bashing on WSO just hurts WSO

Try to get a bank to endorse the site, only to find themselves victim of some a-hold like Jimbo Jones or Fordhammaster or whomever.

Trolls should be instantly banned and troll posts removed, and there ought to not be such a high barrier to get posts removed.

This site can be a joke of slurs and all that, or people can take it seriously and it can become a serious business.

What's it going to be guys?

Relax Chief. This site has a wealth of info and it is also a place for people to blow off steam. No need to clamp down totally.

Maybe the banks can see how much they suck compared to GS and do something about it.

J/K. I for one, not that I would be missed, would not use this site if Patrick and the mods started deleting posts because some little girl is whining about how it isn't nice, or something of the sort. This site can get really really repetitive with its post and it's the off topic (and questionable) humor and points-of-view that keep many of the members coming back.

I'm sure Patrick is happy with the way the site is being run, otherwise he would have changed it. If you think the site's a joke, then go elsewhere...or...you can hit the gym, bulk up and stop allowing your mouse to push you around and choose what you read...take charge.

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so." - Ronald Reagan
 
MeNeverSleeps:
All the bashing on WSO just hurts WSO

Try to get a bank to endorse the site, only to find themselves victim of some a-hold like Jimbo Jones or Fordhammaster or whomever.

Trolls should be instantly banned and troll posts removed, and there ought to not be such a high barrier to get posts removed.

This site can be a joke of slurs and all that, or people can take it seriously and it can become a serious business.

What's it going to be guys?

As stated already, you can't clamp down totally. Also, what you call a troll, most people might call funny.

Also, myself and the other mods delete/close a lot of shitty threads that most users never see.

"Greed, in all of its forms; greed for life, for money, for love, for knowledge has marked the upward surge of mankind. And greed, you mark my words, will not only save Teldar Paper, but that other malfunctioning corporation called the USA."
 
ricochetX:
Billions of people go without food or water each day, millions are in child prostitution or slavery, millions are killed from unjust government and war

and people here make it out so that getting a $100K+ job at a place that isn't Goldman Sachs out of undergrad (aka 2x the average salary to feed a family of four in one of the richest countries in the world) is the worst thing possible, and consistently bash on top 20 firms.

Some of the brightest and most competitive students from top schools compete for opportunities at these firms. To stand a chance against other exemplary students, one must be naturally competitive. Therefore, the ongoing arguments about salaries and the vast amount of dick-measuring that takes place on this board doesn't surprise me.

I adhere to the school of thought that, if a student has worked so hard (getting high grades/top of class, good work experience, clubs, etc.) to be competitive in the industry/interview process for IB, then why shouldn't he argue salary? Shouldn't he, by way of his competitive nature and superior position relative to his classmates, command a higher salary? Doesn't he initially add more value? I find that by maintaining such a high level of competitiveness and doing well in all that the student chooses to do, he is inherently adding tremendous value to the overall picture and society.

Overall point -- yes, people are starving in other places. But we are also working hard here to achieve great things, which should be compensated accordingly. In the overall scheme of things, we are a very small, yet extremely competitive, percentage of the entire workforce. Expect people here to want the most.

MKballer
 

Tony my man. You and I both know there is a difference between giving legit info on a crap firm and what the trolls do to waste time / space on here. Are you a troll yourself? I don't think so, but maybe you are lying in wait. I do in fact doubt it, so let's get serious here and stop the trolls. You should help too. Otherwise, WSO is just a friggin joke. Sorry, but I'd be surprised if you really disagreed at the heart of it. You think Yelp let's trolls post shit, no WAY. You think any legit site does; let's people take advantage of it like that? No. Not the best sites.

 

MeNeverSleeps, I appreciate the thought and we have recently done much more to clean up some of the more blatant trolling...I agree we needed to do more here to make sure it does not creep up again.

What we don't want to do is take out all of the entertainment. I think almost every user will agree that Blumie is technically a troll, but he also posted some of the funniest threads in the history of WSO.

We are working on affiliate arrangements / sponsorships for different forums (watch out for the Fashion Forum one that will hit this week), we just landed licensing agreements at some major universities for our interview guides, etc... so I am not too concerned about getting sponsor $s from the banks. Plus, if the banks sponsored us, there would probably be more questions surrounding the authenticity of WSO, which is path that can get ugly fast.

-Patrick

 
  1. i would rather have trolls than a nazi moderators

  2. people want to make the most of their life and achieve their professional goals. there is nothing wrong about that. in fact, it is a good thing. if people stopped trying to be the best (BB vs top20) and instead "appriciated what they had" evolution would stop. some people are born less fortunate than others, thats just the way it is. self-rightous tears of justice are worthless.

  3. OP you're masturbating over what "great perspective" you have. you're just as big of a dick as the rest of us, humans are dicks. development takes a long time. 200 years ago the west was in poverty too. 200 years from now i'm sure the third world will be fine. "raising awareness" or "getting perspective" or "appriciating life" is worth jack shit and not crying tears for Africa doesn't make someone an asshole.

people live, people die. some are lucky, some are not. thats just nature baby. and nature doesn't need your lefty ass to save it, just like the dog doesn't need his fleas to save him.

 

Seriously Riccochet? Hop down off the high horse. Don't pursue the dream of wealth and prosperity only to achieve it and then feel the need to impose your righteous guilt on the rest of us. People place GS on a pedestal because they are the best. The opportunity to pursue dreams and celebrating success is what made this country great. And getting a job at a high paying ibank didn't result in another child being sold into sex slavery or create famine in Africa, those things were around long before GS was. If anything employment in a high paying firm results in one's ability to help solve those problems if they should choose to take that charitable tact. Don't get me wrong, i have compassion but i also have drive but wealth guilt and PC bullsh*t like you just expressed is what will bring this country to it's knees. Your post reads like line #1 from every speech Obama has ever had written for him.

 
trade4size:
I wonder whatever happened to b2.... or..... Mark Klein MD

Didn't Mark Klein MD get voted off our island?

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so." - Ronald Reagan
 

Man i completely agree. Im an IB analyst and from what I see the one thing that i notice with all analysts iv met in any bank is their perceived prestige of their job (i.e. thier elitism) i have met such arrogant analysts who actually think that they are so much better than other people cause they are working as bankers. I guess one way to motivate your self to work 90 hours a week is to constantly put everyone else down (bringing your self up) and making you feel like its worth it

plus to all the idiots who made super capitalist comments along the line of fuck the poor. all i can say is get the hell out of your bubble, you dumb small minded cunts. Most of where you are in life is luck

 
jackilewis:
Man i completely agree. Im an IB analyst and from what I see the one thing that i notice with all analysts iv met in any bank is their perceived prestige of their job (i.e. thier elitism) i have met such arrogant analysts who actually think that they are so much better than other people cause they are working as bankers. I guess one way to motivate your self to work 90 hours a week is to constantly put everyone else down (bringing your self up) and making you feel like its worth it

plus to all the idiots who made super capitalist comments along the line of fuck the poor. all i can say is get the hell out of your bubble, you dumb small minded cunts. Most of where you are in life is luck

Jackilewis you're naivety reeks like a dingy cubicle filled with self righteousness and utopian pipe dreams. Life is a series of decisions, those made by our parents and their parents before them, and as it turns out you now get to make some decisions too. The decisions we make affect our ability to improve our lives and the lives of the next generations. Thus, this luck you speak of is actually called responsible decision making. I happen to be the beneficiary of my parents good decisions as i imagine you have been and I intend to provide the same or better opportunities for my kids. Add some personal accountability back into society and see how everyone's life gets better. In other news you just made a ton of new friends by suggesting everyone's career on this forum or on Wall Street for that matter is the result of luck.... Guess registering for all those finance courses in college was luck, guess all my applications to B-School got filled out by pure luck, guess my applications and hours of interview prep for jobs was all courtesy of the luck fairy.... I hope we all get "lucky" and you free up an ibanking position by moving to Africa to "help" people...Donkey!

 
Rain_Maker:
jackilewis:
Man i completely agree. Im an IB analyst and from what I see the one thing that i notice with all analysts iv met in any bank is their perceived prestige of their job (i.e. thier elitism) i have met such arrogant analysts who actually think that they are so much better than other people cause they are working as bankers. I guess one way to motivate your self to work 90 hours a week is to constantly put everyone else down (bringing your self up) and making you feel like its worth it

plus to all the idiots who made super capitalist comments along the line of fuck the poor. all i can say is get the hell out of your bubble, you dumb small minded cunts. Most of where you are in life is luck

Jackilewis you're naivety reeks like a dingy cubicle filled with self righteousness and utopian pipe dreams. Life is a series of decisions, those made by our parents and their parents before them, and as it turns out you now get to make some decisions too. The decisions we make affect our ability to improve our lives and the lives of the next generations. Thus, this luck you speak of is actually called responsible decision making. I happen to be the beneficiary of my parents good decisions as i imagine you have been and I intend to provide the same or better opportunities for my kids. Add some personal accountability back into society and see how everyone's life gets better. In other news you just made a ton of new friends by suggesting everyone's career on this forum or on Wall Street for that matter is the result of luck.... Guess registering for all those finance courses in college was luck, guess all my applications to B-School got filled out by pure luck, guess my applications and hours of interview prep for jobs was all courtesy of the luck fairy.... I hope we all get "lucky" and you free up an ibanking position by moving to Africa to "help" people...Donkey!

I'll have to disagree on this. I feel lucky that I beat out the million other sperm to reach the egg first. No matter how hard you train finishing first in a million has to have some luck to it.

 

Long hours, crazy environments, type A weirdos all adds up. I do not think anyone on here would ever pick on someone less fortunate than them. Well I hope you guys are not beating up bums on your way home.

That said, when your among peers, you can poke fun and say things like "GS or bust". Since your among peers, no one here is saying McDonalds or GS. Again when your among peers you will throw out steam like "that school is not a target" but again I do not think anyone goes on other forums and picks on like teachers.

 

there was an article i read once that said back in the day only the shittest students went into finance, and the best aspired to be business leaders. now the best from ivies want to do corporate finance? what?

i just have to say its a real problem that our most "competitive and brightest" students grow up wanting to be bankers - do you high schoolers/college freshmen even know what banking is? it's corporate finance. it's boring as fuck and doesn't require any amount of intelligence.

the side of finance that is actually prestigious and requires a competitive/smart person is the buy-side... i.e., ACTUALLY investing, in hf & vc funds. asset management teaches you about the markets and not just how companies finance shit. pe is an aggressive model and most pe people did equity research, and hire ibankers to do all the bullshit work because they are used to going to sleep at 4am and waking up at 6am.

i remember when my friend got huge props for getting goldman sachs and then just ended up workin the photo copier and doing the most mundane accounting work for 90+ hours a week...

go out there and start your own business, maybe donate some of your profits to these organizations. if you're smart you'll make it big and you'll end up feeling a lot better than an ibanker

 

the vast majority of the world lives in poverty. You have no control over who your parents are. Therefore the kid born into a bad situation never stood a chance in the first place.

I dont believe in equal outcome but i believe in equal oppourtunity. this world does not have equal oppourutnity.

read buffet

 

Luck huh?

The "i didn't get to choose who my parents are" argument is about as soft as a male figure skater at the Playboy Mansion but ok lets run with it...

How do you suggest we fix or remedy this great divider called "luck"? It seems to keep effecting the same groups of people over and over again, it's a goddamn epidemic.
I guess spreading the wealth around isn't a bad idea. It would help level the playing field a bit, although some folks have proved that they aren't that great at managing their finances (Rims, Louis Vuitton seats in the escalade, etc). Oh oh I know, we could give everyone more of the "lucky people's stuff" and then give each of them a financial advisor to help them look after it. Alright I think we are on to something here... Now that we have equalized everything everyone should have the same opportunities regardless of what family you are born into.
Wait, what if my kid is born mentally challenged and lacks the faculties to have the same opportunities...well what the hell thats not fair, thats unlucky he didn't choose that life. How we gonna fix that? I mean cmon everyone should have the same opportunities right?

The luck argument is a leaky bucket, lots of holes...

 

Here is my 2 cents for what they are worth, I am from one of those 3rd world countries and decided to make the move here when I was 15 because growing up all you hear about is how you are way better off in America. A couple of years later I'm here networking my ass off and trying my best to get good grades in school, I did my PWM internship before freshman year and lined up a summer internship at an ABS firm for summer 2011. I "think" im on the right track, I also managed to get rid of my accent and get a super hot white grilfriend.lol

What I'm getting at is, if you are in a 3rd world country move the fuck over here and chase your dreams. Yes I feel bad for what goes on in the rest of the world but everyone around the world knows they can chase their dreams and achive them if they want it bad enough.

"The higher up the mountain, the more treacherous the path" -Frank Underwood
 
barboon:
Here is my 2 cents for what they are worth, I am from one of those 3rd world countries and decided to make the move here when I was 15 because growing up all you hear about is how you are way better off in America. A couple of years later I'm here networking my ass off and trying my best to get good grades in school, I did my PWM internship before freshman year and lined up a summer internship at an ABS firm for summer 2011. I "think" im on the right track, I also managed to get rid of my accent and get a super hot white grilfriend.lol

What I'm getting at is, if you are in a 3rd world country move the fuck over here and chase your dreams. Yes I feel bad for what goes on in the rest of the world but everyone around the world knows they can chase their dreams and achive them if they want it bad enough.

Congratulations! It's good to see some initiative unfortunately according to Jackilewis the entire pilgrimage you just described is pure luck....

 
Rain_Maker:
barboon:
Here is my 2 cents for what they are worth, I am from one of those 3rd world countries and decided to make the move here when I was 15 because growing up all you hear about is how you are way better off in America. A couple of years later I'm here networking my ass off and trying my best to get good grades in school, I did my PWM internship before freshman year and lined up a summer internship at an ABS firm for summer 2011. I "think" im on the right track, I also managed to get rid of my accent and get a super hot white grilfriend.lol

What I'm getting at is, if you are in a 3rd world country move the fuck over here and chase your dreams. Yes I feel bad for what goes on in the rest of the world but everyone around the world knows they can chase their dreams and achive them if they want it bad enough.

Congratulations! It's good to see some initiative unfortunately according to Jackilewis the entire pilgrimage you just described is pure luck....

Then I guess I'm going to Atlantic City this weekend and betting it all on black. Like a lot have said on this site, luck is one of the ingredients and I have been lucky to meet a lot of wealthy people who know someone that is willing to help me out (given my background).

"The higher up the mountain, the more treacherous the path" -Frank Underwood
 
barboon:
Here is my 2 cents for what they are worth, I am from one of those 3rd world countries and decided to make the move here when I was 15 because growing up all you hear about is how you are way better off in America. A couple of years later I'm here networking my ass off and trying my best to get good grades in school, I did my PWM internship before freshman year and lined up a summer internship at an ABS firm for summer 2011. I "think" im on the right track, I also managed to get rid of my accent and get a super hot white grilfriend.lol

What I'm getting at is, if you are in a 3rd world country move the fuck over here and chase your dreams. Yes I feel bad for what goes on in the rest of the world but everyone around the world knows they can chase their dreams and achive them if they want it bad enough.

Unfortunately, the real world doesn’t work that way…

 
Best Response
kimbo:
barboon:
Here is my 2 cents for what they are worth, I am from one of those 3rd world countries and decided to make the move here when I was 15 because growing up all you hear about is how you are way better off in America. A couple of years later I'm here networking my ass off and trying my best to get good grades in school, I did my PWM internship before freshman year and lined up a summer internship at an ABS firm for summer 2011. I "think" im on the right track, I also managed to get rid of my accent and get a super hot white grilfriend.lol

What I'm getting at is, if you are in a 3rd world country move the fuck over here and chase your dreams. Yes I feel bad for what goes on in the rest of the world but everyone around the world knows they can chase their dreams and achive them if they want it bad enough.

Unfortunately, the real world doesn’t work that way…

How so? I don't consider myself an outlier, or am I? We shall see in a couple of years.

"The higher up the mountain, the more treacherous the path" -Frank Underwood
 

Wow. " everyone around the world knows they can chase their dreams and achive them if they want it bad enough." Wow. You moved here when you were 15? Did you swim here? I'm assuming you were fortunate enough to have a family or support network that got you over here. I don't think millions of people die every year from preventable diseases for lack of effort. All I'm saying is don't think you did it by sheer force of will you definitely had some help.

I can't honestly believe people on here don't think they are lucky/fortunate/blessed to be in a situation where they can realistically become a millionaire before turning 30. This warped mindset is exactly why people hate bankers. You shouldn't feel guilty about the opportunity but you should definitely recognize that you have reaped some outsized gains from this system we call capitalism.

 

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Iusto nemo error quia sapiente. Adipisci quam cumque est dicta.

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so." - Ronald Reagan
 

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