| Comment Preview | Author | |
|---|---|---|
| +291 | When I was an intern once, had an MD go to Chicago to...When I was an intern once, had an MD go to Chicago to close on a deal that was heating up. Guy was very much so "new money" and didn't act like the conservative traditional banker. I think he was from Brooklyn and went to one of the city colleges and just grinded to the top, respect. Anyways... | GridironCEO |
| +231 | You're probably fucked to be completely honest. You...You're probably fucked to be completely honest. You should have started the process much earlier. The fact that you have no relevant work experience in industry is not good, complimented by how recruiting season for summer '18 is nearly over. To contrast, I will tell you a bit about myself.... | itsyaboi |
| +170 | Let me guess, you're a UVA grad working in Real Estate...Let me guess, you're a UVA grad working in Real Estate in Charlotte making roughly $90k and you're excited about driving your new basic package model 3 to your next vacation in Charleston. | Max Heiliger |
| +150 | Nope, both interns were male. What made it even better...Nope, both interns were male. What made it even better was that one of the the female analysts was in a relationship with an analyst from another firm. Her actual boyfriend was a pretty geeky dude, but was a real hard worker and is destined to make it in banking. The intern that managed to bang... | Ryry |
| +148 | There's a reason you're not at Blackstone, and it's not...There's a reason you're not at Blackstone, and it's not because of your Tier 23 undergrad institution; your MD was testing you and, unsurprisingly, you failed miserably. There is a ton of fraud in the olive oil industry and he wanted to make sure you're able to sniff out the real stuff from... | Non-PC Broker |
| +146 | Friday night: drinks at a roof top bar. Usually $20-25 a...Friday night: drinks at a roof top bar. Usually $20-25 a drink, but thats what this industry is all about right, blowing excessive cash. Hit an upscale bar, then head to a club. Located in Chicago so usually am hitting Underground or Studio Paris. At which point ill grab the nearest scantily... | Deal Team Six |
| +145 | it's called cocaine you moronit's called cocaine you moron | guggroth93 |
| +136 | Are you fucking kidding me? Get the coffee and shut the...Are you fucking kidding me? Get the coffee and shut the hell up. | SECfinance |
| +133 | Patz, welcome to Wall Street Oasis! I'm sure a few high...Patz, welcome to Wall Street Oasis! I'm sure a few high school seniors will be here shortly to offer your wife some great advice on making MD. | Guest1655 |
| +133 | The answer to this is absolutely relative. It depends on...The answer to this is absolutely relative. It depends on culture, race, wealth background friend group, expectations, marital status, parental status,etc. A postal worker in a rural area making $20/hr may feel like they made it when most of their peers are making minimum wage or are on welfare.... | buzzkillington |
| +123 | Jesus Christ, **Isaiah_53_5 Composite Prestige...Jesus Christ, **Isaiah_53_5 Composite Prestige Ranking:** **Indoor Beanie:** *-5* **Obnoxious Over-The Head Headphones:** *-1* **Stupid Jiu-Jitsu Pants:** *-7* **Meticulously Allowing the Top of Your Underwear to Show** *-3* **What Appears to be Shaved Bodyhair** *-10* **Shirtless... | PrestigeCaller |
| +126 | That moment a democrat becomes a republicanThat moment a democrat becomes a republican | iggs99988 |
| +122 | You say he's an amazing guy but you aren't willing to...You say he's an amazing guy but you aren't willing to stick with him because he's working long hours. You should do him a favor and get out now. I don't know what's more revolting; your general take on how relationships work or your username. NYC needs less people like you. | DidntReadAnything |
| +119 | Winter = FintechWinter = Fintech | storyofmylife |
| +118 | My boss sent out a tweet one time while he was high as...My boss sent out a tweet one time while he was high as fuck talking about how he wanted to take our multi billion dollar firm private. Ended up getting investigated by the SEC over it but instead of providing more info he just live streamed himself getting more blazed. Shit was so cash. | pingers |
| +116 | You don't give up. Just because you can't land IB...You don't give up. Just because you can't land IB straight out of school doesn't mean you aren't fit for it. Plenty of my co-workers who have climbed the IB ladder aren't the smartest, best dressed, or coolest people in the room; they are hustlers. Refuse no for an answer. It took me 3... | I3DCashStaffer |
| +108 | Dumbest thing I said was in response to the dumbest...Dumbest thing I said was in response to the dumbest question I ever received. "What song best describes your work style?" "Work by Rihanna" "And why is that?" "Because of its consistent lyricism. I feel that it represents my work ethic and perseverance." Interview for Centerview... | newyorkermonkey |
| +108 | you're already on wso at work, starting good habits...you're already on wso at work, starting good habits while young is key | AndyLouis |
| +108 | I made an amended list based on what you guys really...I made an amended list based on what you guys really want: Top: GS: Catty, rich girls. Lot of coke, hard pledge process. Only mix with Apollo/KKR MS: Smaller sisterhood feeding mostly from HYP. Rivals with GS and always try to outdo them in philanthropy JPM: Stuck up girls who think they're... | LongIslandBound |
| +108 | I’ve got a good one..... Recently I was working on...I’ve got a good one..... Recently I was working on a deal that had a pretty intensive diligence process. I was grinding away for three weeks straight, burning the midnight oil, spending weekends in office, etc. When the deal closed and I got the ‘thanks for your efforts’ email from... | Trainer |
| +106 | *senior associate*senior associate | idaho |
| +107 | TLDR - there is no TLDR, life is complicated, read the...TLDR - there is no TLDR, life is complicated, read the whole fucking thing and then throw MS at me for writing a novel :) it sounds to me like you're going through the same existential crisis any man (if he's being honest) goes through. office friends suck - I'm assuming you have friends... | thebrofessor |
| +104 | Rub one out and reassess Rub one out and reassess | CRE |
| +102 | Message my inbox with your phone number and let me know...Message my inbox with your phone number and let me know when you're able to speak tonight between 8pm and 9pm. | Anon1254 |
| +103 | What's up with all of the softy posts nowadays from kids...What's up with all of the softy posts nowadays from kids that are 22/23, blubbering about their terrible lives making multiples of the median annual salary straight out of college while developing a strong rolodex and useful business skills? And before some smart ass comes out accusing me of... | Fugue |
| +95 | The biggest thing for me was just helping my mother get...The biggest thing for me was just helping my mother get a job. She had worked in a restaurant all her life and when it failed she had nothing to do and became bored and depressed like life had no meaning. She had literally no application or interview skills and had been stuck in the same town... | Options Market Maker |
| +94 | You could've just said "Yet another comment from...You could've just said "Yet another comment from theaccounting major" and you wouldn't have had to added the redundancy | Howard Hughes |
| +92 | If you're going to do something like that, go all in...If you're going to do something like that, go all in passive aggressive. Send him an email thanking him profusely for teaching you so much and for supporting you in a way that made it possible to get to where you are, and say that if they ever need anything they should let you know. | Attack_Chihuahua |
| +91 | Worked on a roadshow where we provided the book for an...Worked on a roadshow where we provided the book for an up and coming company to present. Super arrogant cunts, totally forgot that we'd done all their early fundraising (busted our asses), made us feel like we should be sucking dick to keep them as clients, fuckers. At any rate, during road... | overpaid_overworked |
| +91 | Cancel plans three times in a row due to your VP calling...Cancel plans three times in a row due to your VP calling you to fix a powerpoint slide. She'll get the idea. | Buzz_Lightyear |
| +91 | You're missing nothing. My dad never made more than...You're missing nothing. My dad never made more than $150k a year (only salary in the family), but he was at all of our after-school activities, coached little league, ate dinner with family every night, and still saved enough to pay for (modest) vacations and half of our public college... | Alt-Ctr-Left |
| +90 | T'was a bleak and drab evening, but even Zeus and his...T'was a bleak and drab evening, but even Zeus and his harrowing control over the weather could not upset my mood. As I was leaving the office my palms were sweaty, knees weak and heavy, I questioned whether or not I was going to pull the trigger on my first spag-- Patek Philippe. After all I... | Jamie_Diamond |
| +94 | Heres a tip, try charging your phone before taking a...Heres a tip, try charging your phone before taking a SCHEDULED CALL WITH A COMPANY CEO | The Best Guy |
| +88 | Hah! Nice try, mr. SEC-man.Hah! Nice try, mr. SEC-man. | QuiltEmerson |
| +87 | Glad to hear that JP Morgan has discovered conditional...Glad to hear that JP Morgan has discovered conditional formatting | Apple_iBank |
| +87 | I love what @m8" wrote. People bandy the word...I love what @m8" wrote. People bandy the word "balance" around to the point it's become a cliche, but it rings true. You've painted two extremes in your mind: working and sad, or independent and happy. News flash: it isn't that binary. You can construct a happy and working scenario.... | APAE |
| +87 | I heard that CS (Credit Sphinx) analysts had to run the...I heard that CS (Credit Sphinx) analysts had to run the Pharaoh's pyramid financing models on tomb walls in hieroglyphics under candle light. Then the Pharaoh decided that slave labour could be used and they had to re-calc the uplift in EBITDA for their MD in one day whilst plagues rained down... | harrisoon |
| +86 | When I started interning at BB, we had this director...When I started interning at BB, we had this director that came from pretty humble belongings. It was a big source of pride for him that he was now able to afford to buy nice things for his family, have financial security and send his kids to college without having to have them worry about the... | DatesExcelModels |
| +101 | lol welcome to the real world kid. Better think twice...lol welcome to the real world kid. Better think twice next time you vote dem. | Esuric |
| +87 | When you reach "Human" status on WSO.When you reach "Human" status on WSO. | Neutrino_CFO |
| +81 | Back in the day, our trading desk was on a floor with a...Back in the day, our trading desk was on a floor with a massive bank vault where they stored some physical certificates of value of some sort (can't remember what they were). There was this really nice fat guy in an ill fitting suit that had to push them in a cart. Some of the traders asked... | TechBanking |
| +81 | planning on investing my 3rd. 20% into savings account...planning on investing my 3rd. 20% into savings account 50% into the market 20% into small projects i'm working on, 10% into my wardrobe, 10% into my social life/trips. You will surely be top bucket for always giving 110%! | More Leverage |
| +82 | ...!(https://media0.giphy.com/media/3oKIPzLXQYb2Bn5PLG/giphy-downsized.gif) Unfortunately, WF taught its bankers everything it knew, then its bankers expensed meals early in its sleep. Ironic. WF encourages bankers to fake accounts and expenses for customers... but not for themselves. | I'm actually a ... |
| +80 | (http://lmgtfy.com/?q=corporate+development)(http://lmgtfy.com/?q=corporate+development) | Making Gravy |
| +86 | I saw it. People do dumb shit with status. I've seen...I saw it. People do dumb shit with status. I've seen countless pictures of women bending over in front of male statutes. Who cares. The statue is dumb. The bull represents the animal spirits in the market. The bull and the bear. It has nothing to do with masculinity. Women in finance want to... | TNA |
| +81 | You're wrong. The intellectual requirements for the...You're wrong. The intellectual requirements for the job have nothing to do with the quality of the candidates that want it. The fact that investment banking requires the intelligence of a mildly retarded housefly doesn't mean that people in the field aren't very hardworking, persistent and... | StateofNature |
| +79 | Given that the school you go to itself is a liberal arts...Given that the school you go to itself is a liberal arts bubble, keep your bubble-headed ass out of here. I have been born and raised in Silicon Valley, my parents working as software engineers, and literally, every one of my high school friends' parents did the same. I thought we were all... | CHECK6 |
| +81 | IB keeps its rep because no one will admit they slaved...IB keeps its rep because no one will admit they slaved away their undergrad earning perfect grades to simply slave away at an IB as a glorified assistant. Therefore IBD analysts make it sound "baller" with how much money they make and how they are closing deals. In reality, they are powerpoint... | WolfofWSO |
| +78 | “Friends”“Friends” | HFer_wannabe |
| +78 | In no intended order: * Delete your username...In no intended order: * Delete your username (you're not a nontarget anymore and that's a dumb way to define yourself) / get off WSO for a while. For that matter take a pause on all social media. Facebook, Instagram, this stuff is like comparison cancer and will not do you any good for... | Synergy_or_Syzygy |
| +77 | Interviewed at Goldman after my freshmen year for some...Interviewed at Goldman after my freshmen year for some diversity summer analyst role, this was in my prime years before my GPA went down the toilet. 6 people interviewed me, 2 of them were MD's, 1 of them was a Partner who was a minority and running the diversity recruiting, all men. I had a 15... | GridironCEO |
| +78 | What are your thoughts? “What the fuck is wrong...What are your thoughts? “What the fuck is wrong with this guy?” | buysidebandit |
| +77 | Must be Deutsche Must be Deutsche | IBtoM7 |
| +76 | Maternity Wards are gonna have OCR, so you better get...Maternity Wards are gonna have OCR, so you better get born into a target hospital (think St. Jude’s) | Orionsbelt1234 |
| +81 | Hey, crap analyst. Stop throwing monkey crap and get...Hey, crap analyst. Stop throwing monkey crap and get my g'dmn work done. Thanks. I threw the MS because you're Canadian. | reformed |
| +77 | Anthropologists in southern France recently discovered...Anthropologists in southern France recently discovered wall cave paintings that may be remains of a primitive LBO. You think being an analyst is tough? Back in the Ice Age era, analysts were carving DCFs out on stone tablets. | JohnnyLlamma45 |
| +76 | You're thinking is very linear. When I first started in...You're thinking is very linear. When I first started in investment banking I thought to myself "How can I limit all the tasks that are not revenue-generating to the firm". It started soft, with me outsourcing tasks like ironing shirts, cleaning my flat and private admin stuff so that I could... | QuiltEmerson |
| +75 | I was actually introduced to the process while...I was actually introduced to the process while interviewing at Goldman. After stashing my topcoat in the secret behind-the-wall closet, the receptionist gave me the code for the men's room and told me to take my time - clearly she wanted me to go in and pinch a loaf. No one came in while I... | rooster |
| +74 | I am very saddened by this news and I send my deepest...I am very saddened by this news and I send my deepest condolences to Shivam's family. I am also pissed off and wondering what can be done to stop this (or at the very least make it much more rare)? The WSO Community has a big voice in this industry and I see it as a voice for junior... | WallStreetOasis.com |
| +77 | This is why Republicans and Democrats both suck. The...This is why Republicans and Democrats both suck. The Republican way is to fuck over a bunch of people, lower taxes by 2% and then build a bunch of new toys for the military that we'll never use. The Democrat plan is to keep spending money ineffectively and raise taxes to 60% instead of closing... | AllDay_028 |
| +73 | Easy. Tell the interviewer, "You're a smart guy and...Easy. Tell the interviewer, "You're a smart guy and wouldn't waste your time interviewing an idiot, right?" | Sil |
| +73 | Thanks @Layne Staley" and @BobTheBaker" for firing...Thanks @Layne Staley" and @BobTheBaker" for firing numerous flares into the sky. Take this with a couple disclaimers. I am only one guy, and I am not yet silver-haired - I haven't been around forever. I think this falls into two obvious categories: soft skills and hard skills. The two... | APAE |
| +73 | Just one comment to Marcus. The way you describe...Just one comment to Marcus. The way you describe yourself looking down to people who somewhat lead a more "ordinary" life than you do is just an evidence of immaturity to me. (I am not saying that you are, just judging by the single comment above you appear to be). For instance, I have met a... | Marcus_Halberstram |
| +74 | This is the kind of BS that MDs absolutely LOVE to tell...This is the kind of BS that MDs absolutely LOVE to tell themselves: "I am hardworking and tough, sure, but I'm also really fair and I let people have lives when they tell me about it. This would never be my analyst." Maybe you are as good a guy as you claim. Maybe you're not. Either way, you... | xqtrack |
| +72 | Seriously, grow a sack of nuts. You have hundreds, if...Seriously, grow a sack of nuts. You have hundreds, if not thousands of alumni to ask for advice. Start cold-emailing and drop the defeated yet fragile ivy ego. Who gives a shit about someone else getting an offer. Going to a boutique is hardly a death sentence considering you have the ivy... | BillBelichick37 |
| +72 | One more thing: To summarize, loyalty to the firm is...One more thing: To summarize, loyalty to the firm is overrated. | NuclearPenguins |
| +72 | No problem folks. One thing I forgot to mention -...No problem folks. One thing I forgot to mention - live on your base, bank your bonus, at least for the first 3-5 yrs. After that you can put your saved bonuses into whatever - house, etc. But always try to live one or two rungs below your means. If you're thinking of grad school you'll... | frgna |
| +74 | I don't think a person in the building doesn't want to...I don't think a person in the building doesn't want to work in my group Except for all of the 18 year old kids that desperately want to lateral way the fuck away from your group so bad that you started a thread over it. | Nudnick McMooch |
| +71 | Every intern takes turns wrestling a shirtless Lloyd...Every intern takes turns wrestling a shirtless Lloyd Blankfein in a kiddie pool full of mud and those who can pin him get offers. | Undercover meme |
| +71 | Aunt Becky's kids must be some retards in wheelchairs if...Aunt Becky's kids must be some retards in wheelchairs if she needed to spend half a million to get them into USC. | 2733278823 |
| +71 | "*The majority of the workforce is stupid and lazy*"...."*The majority of the workforce is stupid and lazy*". You're an ass for saying that. The majority of the workforce didn't have the privileges you likely had growing up, never mind the opportunity to get paid 6 figures out of school for performing glorified third grade math between reading... | Elite_Bulge |
| +78 | How about not going on an online forum and bashing your...How about not going on an online forum and bashing your "friend?" | NonTargetHardo2019 |
| +70 | "I'd ask for a different interviewer.""I'd ask for a different interviewer." | GuiltyVeek |
| +72 | You have brought shame to your family and to WSO. Self...You have brought shame to your family and to WSO. Self disembowelment may be your only viable option remaining. | DickFuld |
| +70 | haha, you can see this even with BB annual investor...haha, you can see this even with BB annual investor presentations. #1 bank in the mid-large corporate* acquisition market *(>$747MM - | bleujob |
| +80 | I fail to understand why she was being applaud. For...I fail to understand why she was being applaud. For starters she broke the law and blatantly disregarded our immigration process something hundreds of thousands of people have been through lawfully. The fact that people view this as a positive is a slap in the face for everyone else who... | RedRage |
| +69 | On a scale of one to nature valley granola bar, how much...On a scale of one to nature valley granola bar, how much is your life falling apart? | Presto732 |
| +70 | So you're saying that you don't like paying $4k/month to...So you're saying that you don't like paying $4k/month to live in a shithole, just to be told you're cis-male patronizing scum when you try to buy a $17 Corona Light for the hottest girl (a 6/10, mind you) at the bar? Interesting... | Pmc2ghy |
| +69 | By "principal." I'm assuming you mean equity participant...By "principal." I'm assuming you mean equity participant with some management-level responsibilities. I don't own an operating company, but have a significant equity piece on all deals at one. Took 7 years total. Office broker (2.5 years)-->developer--(4.5 years). Leveraged office broker... | Ricky Rosay |
| +71 | Found on the internet... An economics professor at a...Found on the internet... An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Sanders’s proposed socialism worked and that no one would be poor and no one would be... | WolfofWSO |
| +79 | No you shut the fuck up.No you shut the fuck up. | REFinance516 |
| +68 | Good to see even the average joes have a god complexGood to see even the average joes have a god complex | LeveredBetaBoy |
| +69 | Rank: Top Bonus: Trash Me: PissedRank: Top Bonus: Trash Me: Pissed | Banking Sucks Guys |
| +84 | Also posting from a throwaway account, since this forum...Also posting from a throwaway account, since this forum generally isn't the friendliest to girls, so don't want to reveal my gender with my main account (I'm female and in banking too). First off, I know this might come across as "victim blaming-y", but I have to point out a couple of things... | banking876 |
| +69 | Somewhere in all of this is the Villanova dude that went...Somewhere in all of this is the Villanova dude that went to an all boys high school and still can't talk to girls because of it and wears his padded vest to work everyday at a botique M&A shop | LReed |
| +67 | yeah, the answer would be no goyeah, the answer would be no go | iggs99988 |
| +67 | literally only refer to numbers in basis points. literally only refer to numbers in basis points. | TheShah |
| +72 | Lol chill, networking isn't an easy thing to do and it...Lol chill, networking isn't an easy thing to do and it takes guts for a kid to put him/herself out there to be scrutinized by hundreds of people just to learn a thing or two about the industry. If you want to give advice, maybe accept some of those connections and tell these aspiring... | rubicon367 |
| +66 | One time I got an email from my MD which said, "Thanks."...One time I got an email from my MD which said, "Thanks." Not, "thx" or "tx," but the entire word including capitalization and punctuation. I printed it and pinned to my cube. | Synergy_or_Syzygy |
| +66 | Not me but a friend of mine; BB IB; "Where do you see...Not me but a friend of mine; BB IB; "Where do you see yourself in 10 years?" Response: "Hopefully not in Jail for insider trading!" MD lost it, Got the internship. | Jaxom |
| +66 | GotteemmmGotteemmm | mbahopeful88 |
| +66 | pls fix and resubmit. thxpls fix and resubmit. thx | JohnnyLlamma45 |
| +65 | It depends on how you handle it, where you direct your...It depends on how you handle it, where you direct your energies, how you manage your work and personal time and your actual job. I'm older, senior, am married and have two younger kids and most of my friends and peer group are in similar situations so I'm speaking from experience. If you're in... | Dingdong08 |
| +64 | Strong first postStrong first post | monkey_brah |
| +65 | A "receipt machine?" This reads like the plot of a 90's...A "receipt machine?" This reads like the plot of a 90's comedy Paramount Pictures logo flash Move trailer announcer in deep voice: "From the studio that brought you Tommy Boy" Announcer: "Tony and Jeff thought they had it all figured out" Tony and Jeff huddled in a copy room, open... | Lizard Brain |
| +65 | Thanks! I got a sticker on my last writing assignment...Thanks! I got a sticker on my last writing assignment and have been studying my vocab list every day, so I'm glad you noticed :) I'm in the running for the gifted program, do you think it's a good idea? I'm concerned about my GPA suffering from the harder courses. | AllStateRap |
| +64 | You should probably bring the oil unless you want him...You should probably bring the oil unless you want him going in dry. | I'm actually a ... |
| +62 | Had a phone informational, which went smoothly for the...Had a phone informational, which went smoothly for the most part. At the very end there was a big disconnect between my brain and what came out of my mouth - meant to say "It was nice chatting with you, thanks" or something of the sort and what came out of my mouth was "well, it was nice knowing... | atticus936 |
| +64 | There's no way to keep personal life out of the office...There's no way to keep personal life out of the office unless you're a sociopath. Things in your ACTUAL life will impact your professional life. Sooner everyone learns this the sooner everyone can stop pretending to be Gordon Gecko wannabees. | NoJobProspectsI... |
| +62 | I don't think there is anything wrong with light jokes. ...I don't think there is anything wrong with light jokes. The jokes you described in your post are not really funny. Just reading those I cringe at working with someone that would say stupid stuff like that all the time. You want to be known as personable. You want the interviewer to see... | David_Puddy |
| +62 | Hey man, I'm here to chat if you like, about to send you...Hey man, I'm here to chat if you like, about to send you a pm with my cell. Reach out for help, people do care and do want to listen... Including me. | WallStreetOasis.com |
| +61 | One time my boss sent me an email saying "good job" and...One time my boss sent me an email saying "good job" and I printed it and hung it in my cube. It was like getting a gold star on a first place trophy that I could always look to for support in dark times. | George_Banker |
| +61 | I haven't ever lateraled. Here is the conventional...I haven't ever lateraled. Here is the conventional wisdom. 1) This is stickier if you're trying to transfer internally. A lot of people actually avoid internal options solely because of the predictable politics you can fall foul of. It's a conundrum. If you apply internally before... | APAE |
| +62 | When I was a sophomore and had never heard of WSO or...When I was a sophomore and had never heard of WSO or FO/BO distinction I was interviewing for an Investment Operations role with an Operations Associate. I thought it was actually an investing role so my entire pitch was that I wanted to work in a position that actually drove revenue, so I could... | LReed |
| +61 | Argentina has a financial crisis every few years. I...Argentina has a financial crisis every few years. I wrote my undergraduate and one of my graduate theses on currency crises in Argentina. The place is run like the rest of Central and South America--that is, as a kleptocracy. Before the First World War, Argentina was the 7th or 8th largest... | brotherbear |
| +60 | Hahah very clean toilets. Although I do like taking a #2...Hahah very clean toilets. Although I do like taking a #2 on another floor. No wonder the toilets are clean if people are shitting on floors. Savages. | CRE |
| +60 | I was an analyst at a boutique with no graphics...I was an analyst at a boutique with no graphics department so we had to do all of the brutal "dots on a map" charts from scratch. One day we were putting together a book for a publicly-traded industrial distribution company with 100+ distribution centers around the country and our MD wanted... | Bootstrap |
| +60 | I bought my mother a Canada Goose jacket so she can fit...I bought my mother a Canada Goose jacket so she can fit in with all the basic white chicks. | NESCAC |
| +60 | I see a girl eating potatoes at an Irish pub down by...I see a girl eating potatoes at an Irish pub down by West Village. I approach her, opening by telling her that, as the literal embodiment of the state of Idaho, I could get her all the potatoes she could ever ask for. She seems intrigued, definitely thinks I'm a spud and definitely wants to... | idaho |
| +60 | Mid 30s here, and I hear where you're coming from. I...Mid 30s here, and I hear where you're coming from. I think constantly about traveling and exploring the world. Don't underestimate how difficult it will be to get back into the workplace after an extended amount of time (I didn't do it, but I've seen others try, its hard). I wouldn't say I'm... | m8 |
| +62 | Lol, this is legitimately one of the dumbest comments...Lol, this is legitimately one of the dumbest comments I've ever seen on this website. You sound like a college kid who struck out trying to break in to banking (not saying you are, just that you sound like one). Now that you're triggered I'll get on with addressing your comment. First off... | InvestInYourShelf |
| +60 | Like members of a cult, most of the people on WSO are in...Like members of a cult, most of the people on WSO are in too deep to admit the massive flaws in their industry and that they spend countless hours working on, as you said, completely meaningless bullshit. The more you try to disabuse them of their delusions, the more ardently they will defend... | dsch |
| +59 | Are there any guides on here for getting a top...Are there any guides on here for getting a top girlfriend? Think banker/lawyer/doctor. I really don't want to go mid-tier and settle for engineer/accountant, but friends with target girlfriends told me sometimes you can start there and lateral. Any guidance? PS: freshman in HS so take it... | Hugh Myron |
| +59 | Run a DCF to calculate the PV of future insults. On a...Run a DCF to calculate the PV of future insults. On a serious note, if you don't know how to pick up social clues from women, ask anyone but WSO. | Massfinance1995 |
| +59 | I am only a freshman and don't know much My instincts...I am only a freshman and don't know much My instincts tell me the volcano Crater Rock will erupt in October this year and destroy the entire Pacific Northwest. ! : http://i1.kym-cdn.com/photos/images/newsfeed/000/353/279/e31.jpg | dmw86 |
| +60 | How the fuck do you get him in the dryer though, isn't...How the fuck do you get him in the dryer though, isn't he like 5'8 and nearly 200lbs? | Chuck Rhoades |
| +59 | * "I'm gonna need you to come in this Saturday" *...* "I'm gonna need you to come in this Saturday" * "There's an error in your model" * "The company is encouraging you to pursue other career options at this point" * "We're your friends and this is an intervention, you are addicted to cocaine" * "I'm sorry, you are not the father" Am I... | lapike |
| +59 | MD of Russian Gulag. A connection to national...MD of Russian Gulag. A connection to national leadership, power over thousands and virtually no compliance department. Can confirm. Perks: The entire Adidas tracksuit collection in every color. White Mercedes/ Brabus G Wagon. Gold plated AK. Comp structure: vary dependent. Are you... | SponsorPromote |
| +59 | Dawg, I made an active choice to leave IB and pursue...Dawg, I made an active choice to leave IB and pursue consulting. BTW - how many opportunities are there in VC/PE out of undergrad? You'll be doing bitch work, same as IB analyst. The best opportunities generally only hire after IB analyst years. Same thing holds for EBs. And not everyone... | aspiringchimp |
| +59 | Not as mad as the kid who's a non-target student and...Not as mad as the kid who's a non-target student and (https://www.wallstreetoasis.com/forums/are-students-at-non-targets-perpetually-fucked)about struggling to break into IB. Oh wait, that kid is you. Hold this monkey shit and gtfo. EDIT: The user I originally replied to was banned across... | JuicyJuice |
| +59 | Nothing will ever change public resentment for banks:...Nothing will ever change public resentment for banks: 1 . People have hated banks since the dawn of man (see Biblical references to usury, etc.). They are dumb and irresponsible and look to banks to borrow, then resent the interest payments and if they do default they resent the banks for... | TrackBack |
| +60 | I'm not trying to be PC here, but honestly, I've never...I'm not trying to be PC here, but honestly, I've never seen any quality difference with minorities in the industry. Worst analysts that I've seen are white kids who got in with connections due to their well off parents. | NoEquityResearch |
| +59 | ever seen a fat slave? there's your answerever seen a fat slave? there's your answer | thebrofessor |
| +58 | Thanks, the landscape seems to change a bit every year....Thanks, the landscape seems to change a bit every year. The exec summary is that all the LA groups are fairly strong due to the fact you need a strong MD to be able to pull in business and support an office here. That being said each bank has a different focus and culture, so recruiting here can... | Synergy_or_Syzygy |
| +57 | Why go work for someone at all? If you can make 1000%...Why go work for someone at all? If you can make 1000% monthly by next Feb you should be worth $44 quadrillion. Even if you put some risk control in and under perform at 50% of your monthly 1000% you've got a cool $10T. As long as you don't go crazy and try to buy a few medium sized countries... | Dingdong08 |
| +57 | Nice try, Patrick.Nice try, Patrick. | BoBandy |
| +57 | I saw a kid list his fraternity pledgeship as job...I saw a kid list his fraternity pledgeship as job experience. Something along the lines of "Master Dishwasher - Responsible for collecting and cleaning dishes and ensuring high sanitary standards for all members within the house kitchen" | The Real Donnie... |
| +58 | I would just like a steady girlfriend to plow on the reg...I would just like a steady girlfriend to plow on the reg before I start worrying about marriage. | RobberBaron123 |
| +56 | Did he crawl at graduation? Also, he ought to be...Did he crawl at graduation? Also, he ought to be shoved down a volcano. Then he'll know what "magma cum laude" feels like. | My Name is Jeff |
| +58 | From what I've heard Salomon Brothers has a great...From what I've heard Salomon Brothers has a great equities team in Dallas | PeterClemenza |
| +57 | You're going to struggle to get there working for...You're going to struggle to get there working for someone else. Full stop. Even under the rosiest assumptions (best firms , best ranking each year and corresponding bonus bucket, best placement to the best PE role, partner-track role with no MBA required, earliest possible inclusion in the... | APAE |
| +56 | jerking off in the handicap toiletjerking off in the handicap toilet | takenotes08 |
| +56 | Ok. What does a proprietary network look like for a...Ok. What does a proprietary network look like for a generalist at a mid market PE fund? Knowing operators and entrepreneurs and industry participants? Example: There was a big healthcare company listed in US. Valuation was not cheap, but CEO thought it was worth more. My MD called on... | earthwalker7 |
| +55 | I would risk losing a job over a hot coworker. Worth it.I would risk losing a job over a hot coworker. Worth it. | MonopolyMoney |
| +55 | In '87, Huey released this, Fore!, their most...In '87, Huey released this, Fore!, their most accomplished album. I think their undisputed masterpiece is "Hip to be Square", a song so catchy, most people probably don't listen to the lyrics. But they should, because it's not just about the pleasures of conformity, and the importance of trends,... | TacosDeLengua |
| +56 | It's a slow day at work, so let me me share some of my...It's a slow day at work, so let me me share some of my favorites: * thx * pls print 30 copies thx * print bind bring to house thx * wtf pls check * this cannot be right. alex the associate, pls check thx * sorry meant to send on friday.....eta? * pitch went well thx * ... | Sil |
| +56 | let's hit the alligator closest to the canoelet's hit the alligator closest to the canoe | Bluestar_Airlines |
| +56 | Catch him slipping outside work, pull up on him and...Catch him slipping outside work, pull up on him and whoop that ass. | Dedline |
| +57 | I stopped reading at " with all do respect"I stopped reading at " with all do respect" | H-1Beast |
| +55 | This is why everyone hates wall street edit: wtf how...This is why everyone hates wall street edit: wtf how did i get so many bananas | differentialequ... |
| +54 | not an intern but a trading clerk: while trading in...not an intern but a trading clerk: while trading in the pit, one of our clerks went to grab all the traders lunch like most days. he got hit by a taxi on his way back (he was not severely injured but was noticeably limping). he still delivered each trader their lunch in the pit (note... | SLIM |
| +54 | One of our male interns managed to sleep with two...One of our male interns managed to sleep with two different analysts (one of whom was in the same group as him) in a span of three weeks. He got the return offer. My favorite intern back in the day shows up and on his second week on the job, was clearly smarter than most of the first year... | NuckFuts |
| +54 | Ahh yes, I believe this is called the Amy Schumer diet.Ahh yes, I believe this is called the Amy Schumer diet. | Chuck Rhoades |
| +54 | Typical day at my IB starts off at 8am: the sun slowly...Typical day at my IB starts off at 8am: the sun slowly rising over a green pasture. Rabbits grazing. Birds chirping. Off in the distance you hear a faint song... Quiet Riot "Cum on Feel the Noise." The Quiet Riot gradually deafens the sounds of nature. All of the sudden the senior... | Keyser Söze 123 |
| +54 | I'm not sure I've ever had an entire thread meant for...I'm not sure I've ever had an entire thread meant for calling me out before. I can't prove you wrong, though, because you can't prove a that a theoretical situation thirty years from now is incorrect or not. But, let's address your points. 1. Malls, retail stores are dying - kills retail... | CRE |
| +55 | Work for a year, then go another good school....Work for a year, then go another good school. Oxford/Cambridge/LSE all expect gap years. Keep up with your sport if possible. You could even join the Reserves / Air National Guard (3 to 12 months training, depending on job) and then reapply to Harvard. Write about it the perspective you got... | HazelJ |
| +54 | Craziest thing I've ever seen in NYC? I think it would...Craziest thing I've ever seen in NYC? I think it would have to be the one time I saw a group of summer analysts at a bar who didn't talk about their internship for a full 20 minutes. | DeepLearning |
| +55 | Lol, funny story. When I was a first-year analyst...Lol, funny story. When I was a first-year analyst the floor I worked on had a really symmetric layout. There were conference rooms on either side of the floor that looked, again, symmetrical. So after training, once I actually start working on some vaguely relevant tasks I get an invite via... | Nudnick McMooch |
| +54 | Check for bruises around the skin/peel. Bruising makes...Check for bruises around the skin/peel. Bruising makes the fruit more susceptible to infection. | whblax19 |
| +54 | 72 Virgins will be waiting for me after the completion...72 Virgins will be waiting for me after the completion of the job | EliteStudent11 |
| +55 | *checks student loan balance* Approximately -$104,678.00*checks student loan balance* Approximately -$104,678.00 | CRE |
| +53 | "LOL, he doesn't even work in FO - plebe". Please..."LOL, he doesn't even work in FO - plebe". Please excuse the NY Post and its readers for failing to understand the critical distinction between FO ballers and the lesser ballers that facilitate their deal-making. Lord forbid that the general public become confused about who has the highest... | Fugue |
| +53 | Not gonna lie, if you're pretty certain about it, then...Not gonna lie, if you're pretty certain about it, then you should straight up tell someone. That's a huge ethical issue... Women already have poor representation in IB. | MarkBaum |
| +53 | I was asked this same question at one point last year...I was asked this same question at one point last year and I panicked for a second, then dug into the recesses of my mind and pulled out: What concert costs 45 cents? **50 Cent featuring Nickelback** I did not receive an offer. | LeveredBetaBoy |
| +59 | This one is about as straightforward as it gets. If...This one is about as straightforward as it gets. If your actual boss offers you drugs, just fucking take them. | The Warthog |
| +53 | ... Treat me like the fucking search feature on Google. ... Treat me like the fucking search feature on Google. | Thatyalething2019 |
| +53 | Keep complaining and next time you’ll bring me the...Keep complaining and next time you’ll bring me the vinegar too. | NYYCRE |
| +52 | *** If you read anything in this post, read the Third...*** If you read anything in this post, read the Third Point below*** I worked in valuation before coming into restructuring banking 2.5 years. Recently signed a PE gig that it set to start in the fall after I get the travel to get the f away from this IB gig. My $0.02: 1. The one deal... | SunTzu |
| +52 | the biggest drivers of the markets are not who occupies...the biggest drivers of the markets are not who occupies the white house. here's what to expect, assuming the Donald doesn't fly off the handle and upper deck the King of Saudi Arabia's golden toilet... 1. against a backdrop of improving economic growth, rates will rise. this was in place... | thebrofessor |
| +53 | Take the amount of genders that exist, then subtract 2....Take the amount of genders that exist, then subtract 2. That's how many fucks I give. 0, 0 fucks is how many I give. *crushes Natty and bangs a noobs mom for talking shit on X-Box live* | FratLord |
| +52 | Yeah of course, but networking and recruiting is a...Yeah of course, but networking and recruiting is a different type of exhausting. Working is physically and mentally exhausting, and it's very repetitive. Recruiting, at least for me, was a lot more stressful and it felt like the whole world was at stake. It was exhausting for my soul and psyche.... | TrackBack |
| +51 | Don't worry sweetie, they have collagen and botox in...Don't worry sweetie, they have collagen and botox in Austin, too. But how will you pay for it when your husband divorces you after taking LSD during a mid-life crisis and realizing it's not worth it to be married to a one-dimensional gold digger? | lmaonade11 |
| +51 | As a female I never even offer to pay it's always bought...As a female I never even offer to pay it's always bought for me you're the one being bought, sweetheart | GoldenCinderblock |
| +51 | You don't, you just channel your negative emotions into...You don't, you just channel your negative emotions into enormous ego and dickish behavior like all proper finance bros. | LeveredCat |
| +51 | i dont care about prestige or anything i just wanna be...i dont care about prestige or anything i just wanna be rich as fuck | qocbd |
| +51 | orangemarker | |
| +50 | Your situation is a lot more common than you think. With...Your situation is a lot more common than you think. With that said, common does not mean "don't worry about it because everyone does it". The fact of the matter is, from an initial field of 30 people who get first rounds, very few actually get offers. Right now, you are in the majority of people... | wintercoat |
| +50 | Off the top of my head... there was this analyst at my...Off the top of my head... there was this analyst at my bank who would straight up sprint Naruto style (google it if you dont know) through the office all the time. People would tell him to stop doing it (1) because it's weird, (2) he'd stomp loud af, (3) potentially dangerous, and (4) dude... | CHItizen |
| +52 | Only wear black TURTLENECKS and JEANS. It will make...Only wear black TURTLENECKS and JEANS. It will make SHOPPING for clothing EASIER, which will give you more RECREATIONAL time to spend in SEX DUNGEONS. | Lloyd BIankfein |
| +50 | I'll tell a super brief story about a former employee,...I'll tell a super brief story about a former employee, which is kinda fucking hilarious imo. This weird-looking guy approached me in a hotel lobby in 2011 and starting talking rapid fire about a cocoa short, of all things, without even introducing himself. I'm all ears when someone starts... | macro bruin |
| +50 | I have given and received my fair share of reviews. If...I have given and received my fair share of reviews. If someone says that to you, as an analyst, it means that you lack common sense...such as, thinking it is OK to practice Dalio's principles at the bank you're at. That is not a good comment to get. The reason it's bad is because common sense is... | hominem |
| +51 | I work at a large top 30 developer managing large...I work at a large top 30 developer managing large institutional size mutlifamily developments. I am in charge of 6 developments for a total of 862 units. I am currently interviewing at other firms and I am in compensation negotiations now. If you are able to break into development and to... | jjacobs06 |
| +52 | The banker saw several large tuna fish in his boat and...The banker saw several large tuna fish in his boat and complimented the Greek on the quality of his fish and asked, "How long does it take to catch them?" The Greek replied: "Only a little while." The American then asked why didn't he stay out longer and catch more fish? The Greek said he had... | Pussy galore |
| +50 | Who just joined? Who just joined? | ItsTheSoggyBott... |
| +50 | Is it just me or is it cringeworthy when someone whose...Is it just me or is it cringeworthy when someone whose experience is way less impressive than they think makes fun of people for working at places like "Pizza Hut Delivery Guy" on their LinkedIn profile? Or how about that person that has 6 languages on their profile 4 of them being listed down... | m_1 |
| +50 | How tall are you?How tall are you? | REmonkey7 |
| +49 | First internship interview ever - had been preparing the...First internship interview ever - had been preparing the classic technicals and memorizing every day where the S&P, 10 year treasury, oil prices, etc. were at, but for some reason I never looked at the DOW. In the middle of the interview and the guy goes, "could you tell me where the DOW is... | getting_grady |
| +50 | Interviewer: Why not go work for where you can...Interviewer: Why not go work for where you can essentially own your business and be your own boss? Me: Because I don't want to sit around all day trying to sell annuities to old ladies Interviewer: I used to work for | exemplaria |
| +51 | spin it back at them: interviewer: "why should we hire...spin it back at them: interviewer: "why should we hire you?" you: "why *shouldn't* you hire me?" then in two weeks we'll see interviewer asking WSO forums: "How do I respond to "why *shouldn't* you hire me?" question from interviewee??" | AndyLouis |
| +49 | I'll toss in my thoughts as an appetizer to the main...I'll toss in my thoughts as an appetizer to the main course of the meaningful reply below. I think of the hard skills in PE in a framework that basically follows the chronological path of an investment. These are the "tools," and you want to be good at all of them, much the same way a... | Layne Staley |
| +50 | Immediate scorn for all of the non elite that were going...Immediate scorn for all of the non elite that were going to share in the other 50% of my bonus. | George_Banker |
| +48 | I'm a macro trader/strat, but started my career trading...I'm a macro trader/strat, but started my career trading EM. Firstly, you clearly need to do some research on your own. If you're starting on an EM desk, you can learn a lot before showing up just by using google. Anyway, emerging markets traders can cover many products and focus on 1-4... | brotherbear |
| +52 | Moving from one career full of narcissistic assholes to...Moving from one career full of narcissistic assholes to another career full of narcissistic assholes. | AllDay_028 |
| +56 | Affirmative action, at its core, is a racist policy...Affirmative action, at its core, is a racist policy since it subjects applicants to different admission standards based purely on race. Asians are subjected to higher standards, no doubt about it. Of course, liberals don't care since Asians do not fall into their bucket of "victim minorities." | Rufus1234 |
| +48 | Best experience I had with this question: After...Best experience I had with this question: After getting GRILLED by this MD for an hour and feeling like I'd barely held my own.. MD - "Are you interviewing with any other banks" Me - "Yes I am" MD - "When is your next interview?" Me - "Actually, it's later today, I've organised... | overpaid_overworked |
| +52 | no because no one gives a shit about canadano because no one gives a shit about canada | oulixeus |
| +50 | I think Edifice actually gives really exceptional advice...I think Edifice actually gives really exceptional advice here. In my experience, you can never really start out by seeing the bigger picture. You have to learn the pieces by focusing on each one literally one by one as you go through a process. The more processes (experience) you gain, the more... | CompBanker |
| +49 | OP's allowed to do whatever they want. And what I said...OP's allowed to do whatever they want. And what I said is nowhere close to "if you don't have it worse than every other working Joe on planet Earth, then don't complain". OP's not just"asking if others feel the same way as him". They're indulging themselves in a stupid little diatribe that... | Fugue |
| +50 | Interesting to read, surprised given my candidacy I made...Interesting to read, surprised given my candidacy I made it into the number of superdays I did if all this holds true.It's cuz your black. You're a minority, ever heard of affirmative action?Affirmative action my fucking ass. Nice try though.Don't act oblivious. You're the black kid in Stern who... | A Posse Ad Esse |
| +47 | One of my friends told me a story of this girl who, the...One of my friends told me a story of this girl who, the day before Brexit (S&T SA), went out to happy hour with her team, got extremely drunk threw up on their HR manager, and a MD had to take her home. Obviously, she forgot to set her alarm and showed up at 11am on the morning of Brexit. | Grimloge |
| +47 | A few years back, I was interning at a boutique tech...A few years back, I was interning at a boutique tech bank. The CEO liked to bark out his emails to his Admin sitting at the desk right outside his office. The Admin would typically leave by 5, but the CEO still needed someone to "tee up emails" for him. I was that lucky intern. When you sit at... | Mr. Deeds |
| +48 | I'm not in my mid-20s anymore, but when I started making...I'm not in my mid-20s anymore, but when I started making a lot more money I noticed that my social circles started changing from hanging out with people who were just slinging their 9-5 so they could rage on the weekend engaged in mind numbing BS like gossip to socializing with people who were... | DetRustCohle |
| +48 | Recruiters are akin to low level club promoters.....Recruiters are akin to low level club promoters.. over-promising and under-delivering. | ItsTheSoggyBott... |
| +48 | From article: Lincoln said they have "standards and...From article: Lincoln said they have "standards and systems in place" to keep these from occurring. Holy fuck, that's really high standards - to keep people from dying. Put them on the 100 Best Places to Work list. | whatstheplan |
| +48 | All of the below are based on either league tables,...All of the below are based on either league tables, hearsay, my own prejudices, or things I learned in history class. * Consumer: JPM or Goldman or Barclays * Energy & Power: MS or Citi or Evercore * FIG: JPM * Healthcare: JPM * Industrials: Citi or BAML or JPM * TMT: Goldman... | lapike |
| +47 | Werent u just flexing ur Maserati like 2 weeks ago? wtf?!Werent u just flexing ur Maserati like 2 weeks ago? wtf?! | Tony Montana |
| +48 | No one can give you a firm answer on this. Do you...No one can give you a firm answer on this. Do you want your maximum chances of success in what is effectively a one-time shot at the 'on track' recruiting cycle? *(Obviously you can recruit the following year, although there are a very few narrow-minded senior people who actually look... | APAE |
| +48 | I went to an international high school, that had a... I went to an international high school, that had a program called the International Baccalaureate program. It was pretty difficult, for a high school curriculum, and it definitely prepared me pretty well, especially its Extended Essay, a 4,000 word essay with citations written our senior... | mbahopeful88 |
| +48 | On a conference call, so I have plenty of time to...On a conference call, so I have plenty of time to answer. If anything, let this be a lesson that a lot of times there isn't a "path" 1. Graduated with a sub-3.0 GPA in Political Science from a shit school you've never heard of because my highschool grades were shit too. Divorced parents,... | CRE |
| +47 | I know this isn’t what you are looking for, but...I know this isn’t what you are looking for, but general advice for people early on in your careers (really any point in your career): don’t burn bridges. I understand being upset in cases where firms are disorganized or the offer is lower than what you have elsewhere, but understand that... | theATL |
| +47 | Jesus, you guys are kinda f*cked up. OP you seem a...Jesus, you guys are kinda f*cked up. OP you seem a little too bitter about it, but IMO there's cause to be at least somewhat miffed. OP's "friend" is an asshole. There is NOTHING "clever" or "resourceful" about literally doctoring your fucking transcript to give yourself a higher GPA.... | Angus Macgyver |
| +51 | Screw diversity. It should all be about performance and...Screw diversity. It should all be about performance and merit, I do not see how diversity might bring anything to the table than make some employees feel comfortable about themselves. Jobs shouldn't be given put because your ethnicity,color of your skin or even sexuality. I'd say alot more... | BobTheBaker |
| +46 | If I were you, I would go for McKinsey. I made a...If I were you, I would go for McKinsey. I made a similar switch from banking to consulting, so PM me if you would like to hear more. ### **Edit: For everyone else, I sent the following to OP as a PM, but I feel it would be helpful to share to a broader audience.** ------------ So... | aspiringchimp |
| +48 | TBH when I see: "Thought Leader | Innovator |...TBH when I see: "Thought Leader | Innovator | Influencer" on someone's profile, it makes me want to steer clear of the person. | iBankedUp |
| +47 | ~83% sure she took it as a compliment from someone...~83% sure she took it as a compliment from someone batting for the other team | Angus Macgyver |
| +46 | Past experience: "You can just throw this together...Past experience: "You can just throw this together real quick, nothing fancy..." Translation: "Cancel your plans for the next 6 days." | PEREtzel |
| +47 | Thanks for the advice. I've been looking at the HBS...Thanks for the advice. I've been looking at the HBS 4+4+4+2+2 MBA program as well, but looks like that's only for the real gunners. | AllStateRap |
| +46 | ...!(https://pics.me.me/i-am-a-bank-teller-paused-ryan-told-me-to-26529048.png) | HighlyClevered |
| +47 | During the fall of 2001 (the tech crash) I went to a...During the fall of 2001 (the tech crash) I went to a final round in Chicago at one of Blair/Baird. We get to the cocktail hour the night before a Saturday super day. I know a couple of the guys who were analysts from my school. We proceed to get drunk and go out in Chicago after the official... | TechBanking |
| +48 | Shut the fuck up about your job in AM already man, good...Shut the fuck up about your job in AM already man, good god, no one gives a fuck that you work at PIMCO or Prudential or wherever the fuck you work. Every post you make on this website wreaks of desperation for someone to come by and validate your bad decision to quit IB because you couldn't... | Nudnick McMooch |
| +47 | I disagree with the posters above me. Saying the CFA...I disagree with the posters above me. Saying the CFA is losing its value because of the increased number of candidates is like saying HBS or Wharton are losing their values because the increased number of alumni. Yes, it does lose its prestige, but it doesn't lose its weight in the AM... | BobbySantiago |
| +45 | This only makes sense if your a girlThis only makes sense if your a girl | timetogetserious |
| +45 | I'm rich and I drink a lot.I'm rich and I drink a lot. | brotherbear |
| +45 | Stockholm syndromeStockholm syndrome | SnappleApple |
| +46 | When people look at you, then your wife, and are...When people look at you, then your wife, and are confused until they hear about your job | gungun |
| +46 | No one really knows why finance gets paid so much,...No one really knows why finance gets paid so much, because finance produces nothing. The only indication that bankers can be paid a lot is that finance is the bedrock of capitalism. Any organization in this society relies on the services financiers provide. Finance is the bedrock of... | Esuric |
| +46 | Poverty. My mother died of a drug overdose when I was...Poverty. My mother died of a drug overdose when I was in school and my father couldn't even afford an apartment because he always got drunk and couldn't hold steady work. Now that I'm older I realize that I was skinny growing up not due to my metabolism, rather the less than 3 meals a day... | justphresh |
| +45 | Yet again another comment from theaccountingmajor that...Yet again another comment from theaccountingmajor that does not add any value. | Wolfofgeorgestreet |
| +45 | Exchange student cheats in college. News at 11Exchange student cheats in college. News at 11 | CRE |
| +44 | Oh please. OP, here's a list for you: Silly shit...Oh please. OP, here's a list for you: Silly shit assistant vice presidents do: 1) go on wall street oasis and write posts complaining about the silly shit their interns do. The end. There was a day when you were an annoying little intern shithead, too. So was I. Do the right thing... | RE Capital Markets |
| +44 | Never know when you might need the info. Interview going...Never know when you might need the info. Interview going bad? Smile and say I know where your kids go to school. | HFer_wannabe |
| +45 | one could make the argument that growing up very wealthy...one could make the argument that growing up very wealthy could make it more difficult to be successful than growing up in a lower-middle class family, depending on your definition of success...idea of the inverted U shaped curve Maybe mid to upper middle class. Definitely not lower middle... | BreakingOutOfPWM |
| +47 | "I agree, Linkedin has completely lost it's mojo do to..."I agree, Linkedin has completely lost it's mojo do to user ignorance and major flaws in the functionality of the site. My advice: spend less time on Linkedin and more time proof reading :)" *its *proofreading is one word I quoted your post just in case you hit that edit button. | JuicyJuice |
| +44 | I'd live in hell if the pay package was lucrative...I'd live in hell if the pay package was lucrative enough. | BobTheBaker |
| +47 | a) illegal immigrants b) black people enamored with...a) illegal immigrants b) black people enamored with hip hop culture c) blue collar workers d)anybody who drives a pick-up truck e)people without a college degree or any sort of history of achievement f) white trash g) people who've never been outside the USA i)deeply religious... | Layne Staley |
| +44 | Right. We've all been in that scenario. Associates can't...Right. We've all been in that scenario. Associates can't really assign you work. If you don't have time then just express that. Next time the dude tells you "looks like you have availability" say, "actually I'm at full capacity and can't take on anything else in the short-term. I'll let you know... | Esuric |
| +47 | Sounds like you are a pussy? Sounds like you are a pussy? | Deal Team Six |
| +44 | 1. Talk about a time when you solved a problem and had...1. Talk about a time when you solved a problem and had to incorporate a diverse set of perspectives in the solution 1. Give me a sales pitch on something you're interested in 1. Talk about a time when you solved a complex problem and explain how you arrived at a solution | PotatoSalad |
| +47 | This is the level of autistic behavior to expect. The...This is the level of autistic behavior to expect. The person who wrote this email most likely was shoved to the ground a lot in school. Fucking nerd. | TNA |
| +44 | "We are a very entrepreneurial group here" = we are..."We are a very entrepreneurial group here" = we are disastrously disorganized ... | CaughtShort |
| +44 | I am so glad I don’t work for youI am so glad I don’t work for you | MMBanker14 |
| +45 | **STFU** - Shut the fuck up LOL**STFU** - Shut the fuck up LOL | Armhoo1 |
| +44 | It’s insane. The waste and excess - I literally...It’s insane. The waste and excess - I literally can’t wrap my head around it. Let me share a couple examples. #1 I’ve got an associate who wears $2000 tailored suits, a $6000 Rolex, and $800 ferragamo shoes every day. My first day, he asked me “where do I get my suits done?”... | johndoe2019 |
| +44 | Depression, alcoholism, and salt & pepper hair.Depression, alcoholism, and salt & pepper hair. | LeveredBetaBoy |
| +44 | I'm still waiting for a response to my 2019 SA...I'm still waiting for a response to my 2019 SA application. Hope I get it! | straighttohellxo |
| +44 | Congratulations for overcoming adversity but let's drop...Congratulations for overcoming adversity but let's drop the ego-mania. Claiming your friends have "no ambition to do anything" because they work in what you consider to be vanilla jobs is just ridiculous. There is nothing wrong with the individual that works their way up from 30K/year and... | qbison |
| +43 | Just stop smoking weedJust stop smoking weed | C.R.E. Shervin |
| +44 | Her GPA and non-target school was necessary in this...Her GPA and non-target school was necessary in this comment for what reason? | BillBelichick37 |
| +43 | Expectations vs. reality: Expectation: Clubbing all...Expectations vs. reality: Expectation: Clubbing all night and hosting weekend orgy parties in your student housing penthouse because you're a banker (intern). Reality: Jacking off in the men's room of your bank at 4:30 am wondering why in god's name it matters if the logo is a higher... | deathTouch |
| +43 | Depends if the MD converted her that nightDepends if the MD converted her that night | Austerity |
| +44 | StfuStfu | BigRedMonkey |
| +43 | "Client loved the work, but we have some follow..."Client loved the work, but we have some follow up" Translation: "We did not even open the book." | George_Banker |
| +43 | Can I invite you to my apartment for cookies and...Can I invite you to my apartment for cookies and koolaid? I could really help you get a leg up.. | Kevin Spacey |
| +43 | no you can't askno you can't ask | famejranc |
| +43 | Working as a janitor at M.I.T.Working as a janitor at M.I.T. | JAB123 |
| +44 | MD to Company: "There is robust demand for this bond...MD to Company: "There is robust demand for this bond offering, we should consider upsizing." Me to MD: "Do you think upsizing this bond offering on the fly will impact credit rating? Maybe we should ask our ratings agency guy what he thinks." MD to Me: STFU We upsize bond offering. S&P... | George_Banker |
| +43 | Sorry, but I do grow tired of these continuous rants no...Sorry, but I do grow tired of these continuous rants no one asked for on how "money doesn't matter, seek inner peace, find your true calling" from some novice yogi in SF who had a *spiritual renaissance* after shrooming at Bonnaroo | The Real Donnie... |
| +42 | need real stories Last time I'm going to talk about...need real stories Last time I'm going to talk about this until I'm accepted to grad school: College: state school Major: Psychology, Ancient Religions GPA: 2.01 (out of 4, barely made it through) Internships: none Research: none Experience:... | UFOinsider |
| +44 | Great post, the preponderance of which rings true from...Great post, the preponderance of which rings true from my experience. Having been through this process on both sides of the table now, I have a few reactions: 1. I heartily disagree with the idea that having a closed deal at all differentiates you as a candidate - especially the suggestion... | NorthSider |
| +42 | I gave +1s both to the original post and Dingdong's...I gave +1s both to the original post and Dingdong's reply. First off, breathe. Let's look at the upside. You are alive; even though you feel like happiness, sanity, and control are all slipping away from you, you have the privilege of drawing breath every second anew. You are self-aware;... | APAE |
| +42 | Going on vacation to Cleveland?Going on vacation to Cleveland? | Itachi9506 |
| +42 | I started in banking ~10 years ago and went a more or...I started in banking ~10 years ago and went a more or less traditional route of IB --> PE --> MBA --> PE. Some thoughts: The early stages in the career are well-documented. Afterwards the path and individual success factors vary widely based on firms, culture, style, etc. It is really up to... | CompBanker |
| +43 | you sound like someone who tried for ibd and missed and...you sound like someone who tried for ibd and missed and now are rationalizing why you didn't want to do it in the first place. | interpaperhammer |
| +45 | "Became borderline alcoholic (was having 4-5 drinks..."Became borderline alcoholic (was having 4-5 drinks every day after work, sometimes before work although not that often)" All the other stuff sounded bad, but if you can stop at 5 drinks, you are nowhere near alcoholism. | DickFuld |
| +42 | "You call that a shit?""You call that a shit?" | r3v |
| +51 | literally everything makes women uncomfortable. fat...literally everything makes women uncomfortable. fat people make women uncomfortable. frankly, women make themselves uncomfortable. yes, women have way too much power. | xgozax |
| +42 | Intern at bulge bracket (Citi / JPM / BofAML) about 4...Intern at bulge bracket (Citi / JPM / BofAML) about 4 years back. A week left in the internship and a fellow intern organizes a happy hour for all the summer analysts at a bar nearby and he invites the CEO of the entire bank. This bank has over 200,000 total employees. Assistant to the CEO... | DukeItOut |
| +42 | Of course it was a terrible mistake from the intern, but...Of course it was a terrible mistake from the intern, but mistakes happen, especially as an intern with no experience. I would rather blame the MD for not seeing it. I mean it's basically the work from an associate to check such things and mistakes from analysts, not even mentioning interns. It... | USC2MBA |
| +42 | Affirmative action for banks does seem to be the...Affirmative action for banks does seem to be the solution for URM like OP to get the chance to get into IB, but unfortunately it is far from reality. I go to an Ivy and what I have seen so far is the people that are getting into the diversity programs and enrolling in training programs such as... | CREation |
| +42 | Yeah, sometimes shit happens and I’m going to be...Yeah, sometimes shit happens and I’m going to be father Describing the beginning of fatherhood as 'shit happens' is not a great start. | Isaiah_53_5 |
| +43 | Dude great idea suggest "laser tag" on a Friday after a...Dude great idea suggest "laser tag" on a Friday after a week of 9-1am to your fellow interns and see how they respond. | BananaCrazy3620 |
| +42 | Dude, Where's my Analyst?Dude, Where's my Analyst? | JohnnyLlamma45 |
| +43 | Why not just go one more level of rounding and take that...Why not just go one more level of rounding and take that 3.5 to a 4? | Abelstheorem |
| +42 | Not sure I agree that it’s 60% luck 40% skill. It...Not sure I agree that it’s 60% luck 40% skill. It might be 100% luck 100% skill. A lot in life is right time right place right person. Entire generations of tech billionaires came of age at nearly the same time. Do you think it’s a coincidence that bill gates and Steve jobs were... | traderlife |
| +43 | NoNo | Banking Sucks Guys |
| +42 | I'll take a job at any LOLI'll take a job at any LOL | nonTargetScum |
| +43 | Definitely @WallStreetOasis.com" Dude acts like he...Definitely @WallStreetOasis.com" Dude acts like he owns the place | CRE |
| +46 | Great question! I know how important these coffee chats...Great question! I know how important these coffee chats can be so here is my two cents. When I was a junior in college I would always reach out to whoever I could to meet up for coffee. One day, I met up with an Associate at a BB think (GS, MS, JP, BAML, WF, CITI, DB, CS, UBS, Barclays, HSBC)... | Flex_Seal |
| +42 | I wish I had enough to money to travel for 18 months too. I wish I had enough to money to travel for 18 months too. | YungMonc |
| +41 | I am shocked, SHOCKED, she is working in investor...I am shocked, SHOCKED, she is working in investor relations. | BobTheBaker |
| +42 | Don't worry you'll do just fine in the finance industry....Don't worry you'll do just fine in the finance industry. Our BB has the following rules for all new recruits: 6"+ = Front Office 5"8 - 5"11 = Middle Office Under 5"8= Back office I hear back office pay is quite good these days. | Guest1655 |
| +41 | unleavened returns ! :...unleavened returns ! : https://3.bp.blogspot.com/_29_shKT4Elw/TKC_UYbGsVI/AAAAAAAAK6g/H5qNZPEsqOw/s1600/foo2.jpg | dmw86 |
| +41 | Sounds like Michael Scott and Jan...Sounds like Michael Scott and Jan... | shmalo72 |
| +42 | A guy on my internship got kicked off for admitting to...A guy on my internship got kicked off for admitting to his MD that he did coke over the weekend, got sent to the banks health department before letting him go Another guy on my internship got kicked off for asking another intern out (she told the manager she felt uncomfortable with him... | Just The Tip |
| +42 | Play stupid games, win stupid prizes. Play stupid games, win stupid prizes. | ReturningSomeVi... |
| +42 | Nice try Bernie, take your socialism elsewhereNice try Bernie, take your socialism elsewhere | TippyTop11 |
| +41 | Wrong forum.Wrong forum. | BillyAckman |
| +43 | how does it feel like when you have to tell a kid his...how does it feel like when you have to tell a kid his offer out of college is more than you're making after working for a decade? | breeshbroosh |
| +41 | In a BB superday: "Tell me a joke." "What did 50...In a BB superday: "Tell me a joke." "What did 50 cent say to his grandma when she gave him a sweater? 'G-u-nit?!'" I didn't get the offer. | Johnny Peppers |
| +41 | Would I like to have the same opportunity? Of course. Do...Would I like to have the same opportunity? Of course. Do I envy them? No. In my eyes I look at it as good for them. Their family has most likely worked hard to give them the opportunity to be in that position. I hope to do the same so one day my kids or grandchildren can be in the same spot. | 99_Steam |
| +42 | NerdNerd | B A N K E R B O Y S |
| +41 | Condoms - $0 because I don't use them A six pack of...Condoms - $0 because I don't use them A six pack of 'Ronas -$11 A nice Cuban cigar - $30 My Lamborghini Veneno Roadster -$4,500,000 Assassinating Jamie Dimon with bounty hunters hired off the dark web paid anonymously using cryptocurrency through numerous shell corporations. - $121, 983,... | Lloyd BIankfein |
| +41 | I think the key is being able to defend your point of...I think the key is being able to defend your point of view. If you have a reasonably well-argued position, it's hard to call you a 'bigot' or some other word designed to silence you. I'm pretty centrist, I suppose, and used to be a Republican. My views shifted left as I got older, since I... | brotherbear |
| +41 | I know there are a lot of heavy drinkers on this...I know there are a lot of heavy drinkers on this forum. I've roughly doubled my nightly alcohol consumption over the last few months and I'm starting to think my brain is turning into soup. I find myself reading short articles and having to read them again because I didn't pick up the message.... | DickFuld |
| +41 | I donate it to the Bernie Sanders campaign, he is so...I donate it to the Bernie Sanders campaign, he is so much wiser at spending it than I am. He is my shepherd and I his sheep. | TippyTop11 |
| +41 | To the sophomores recruiting right now, I wish you all...To the sophomores recruiting right now, I wish you all the best of luck. This is basically a middle finger from the banks to transfer and non-target students, and generally just all students, as most 19 year olds probably don't know what the heck IB even is. Do not give up faith and just... | RGee |
| +41 | He said she's rich tho. Full speed ahead homie He said she's rich tho. Full speed ahead homie | slippy777 |
| +41 | Thought I ended a HireVue question but it actually...Thought I ended a HireVue question but it actually caught me saying "I'm not gonna get this shit" and laughing to myself | Conor McGregor ... |
| +41 | There are obviously multiple paths your career can take....There are obviously multiple paths your career can take. The path to becoming a PM at a hedge fund could start as a trader at a BB, or as an economist or equity analyst. You could conceivably begin in M&A and move into a hedge fund. It all really depends on the fund's strategy. When... | brotherbear |
| +41 | No you fucking idiot. No you fucking idiot. | REPE God |
| +45 | No, I'm pretty serious. Barring something like meth or...No, I'm pretty serious. Barring something like meth or heroin, you have very limited downside and a pretty good return: 1) free drugs 2) pretty cool story 3) you're "in". One of the guys. There's levels to this. He obviously thinks you're cool and this is a chance to confirm his bias. ... | The Warthog |
| +41 | I feel like a lot of you high-earning W-2 guys are...I feel like a lot of you high-earning W-2 guys are terrible at personal finance. | GoldenCinderblock |
| +41 | are you still majoring in accounting?are you still majoring in accounting? | I'm actually a ... |
| +41 | Normal people like to do things outside of workNormal people like to do things outside of work | Mike Tyson |
| +45 | Ok here's what went down from my perspective. First of...Ok here's what went down from my perspective. First of all to give some background on the story, I was interviewing for 1 of 2 positions. One was a senior analyst role, and the other was a junior analyst role. My success at the interview was going to determine if I would be able to qualify for... | mgaT |
| +41 | You: knock knock Interviewer: Who’s there? You:...You: knock knock Interviewer: Who’s there? You: You’re hired. Interviewer: You’re hired... You: *interrupts* thank you; I won’t let you and the team down. | PotentialAnalyst |
| +58 | ...... | kkrrjrnabisco |
| +40 | Ok this is a story I heard from one of the analysts I...Ok this is a story I heard from one of the analysts I interned for, and it was confirmed by multiple sources. So there was this kid that interned at a BB who was a really bright kid, but apparently went WAY overboard for everything he was staffed on (Even by banking standards). He would finish... | Martian311 |
| +40 | How do you think this looks from his perspective? I'm...How do you think this looks from his perspective? I'm honestly curious. Imagine. Be a VP. See lonely analyst who looks like he might hurt himself if some Asian kids don't let him play Pokemon. I take pride in my team so I try to motivate him. "Hey analyst you are the coolest!" Decide to... | FinanceBrah |
| +40 | Fuck that, deny till you die palFuck that, deny till you die pal | Kassad |
| +40 | For reference, I am 5'9, about 145 lbs. Assuming...For reference, I am 5'9, about 145 lbs. Assuming you're a guy, I would try hitting puberty. As a child-sized individual, you may be more accustomed to nap time. | CRE |
| +40 | People in high finance have the personalities of...People in high finance have the personalities of cardboard boxes. I often actively find myself having to suppress the interesting / engaging aspects of my personality in order to blend in. Finance is also the biggest groupspeak and groupthink environment I could have ever imagined. When your... | iggs99988 |
| +40 | No, I'm pretty serious. Barring something like meth...No, I'm pretty serious. Barring something like meth or heroin, you have very limited downside and a pretty good return: 1) free drugs 2) pretty cool story 3) you're "in". One of the guys. There's levels to this. He obviously thinks you're cool and this is a chance to confirm his bias. ... | Dedline |
| +40 | It sucks, getting fired, no matter how you slice...It sucks, getting fired, no matter how you slice it. But it seems like you were collateral damage, wrong place at the wrong time, if you and your associate hadn't snapped yesterday, I'd wager this was a powder keg that had a short fuse and was going to happen sooner or later. Think and... | InfoDominatrix |
| +40 | I'm going to be 100% real with you right now. Trust me...I'm going to be 100% real with you right now. Trust me when I tell you I understand what you're going through, but it's best to be blunt with you right now. 1. You're firing off way too many questions you should've already known the answers to dating someone that is in the Investment Banking... | JuicyJuice |
| +41 | If you're 40 and haven't found greater pleasures/meaning...If you're 40 and haven't found greater pleasures/meaning in life than work and comparing paychecks, you're a loser. | LReed |
| +40 | Pull up in a rented Rolls with a hired "companion" on...Pull up in a rented Rolls with a hired "companion" on your arm wearing the loudest pinstripe suit you can find and a wide, shit eating grin. Let the chaos ensue and burn those bridges. Guarantee it'll be the last invite you get. | iggs99988 |
| +40 | Insecure af. Personally, I'd be scared of living with...Insecure af. Personally, I'd be scared of living with poor people for my entire life, shopping at Walmart, and competing sexually in some club on a dance floor, buying a drink at a time to get the attention of a clueless chick who thinks she's America's Next Top Model because some poor,... | iBankedUp |
| +40 | One person I'm familiar with went to a complete...One person I'm familiar with went to a complete nontarget (think San Diego State University) and got a job right out of college with a starting pay of $1.4 million in a low COL city in Texas. He was surrounded by great mentors and for one year his group was the undisputed best at what they did.... | Kawhi Anthony L... |
| +40 | This is probably why you got kicked out of the flagship fundThis is probably why you got kicked out of the flagship fund | FinancelsWacc |
| +39 | You don't get into commercial real estate to be an...You don't get into commercial real estate to be an office drone or wallow in middle management your whole life. The goal is to get promoted to Development Manager, get experience, and then either get promoted to management or go off on your own. No one's getting paid $200k flat to play in Excel... | CRE |
| +39 | Do you guys think the income inequality is playing a big...Do you guys think the income inequality is playing a big role in how individuals turn out? Anyone who says otherwise is delusional. I'm one of the very few of my childhood friends who "made it". The rest in jail, on drugs, doing nothing with their life, etc. I never knew what IB, AM, S&T... | TimWSO |
| +41 | This is the equivalent of taking investment advice on...This is the equivalent of taking investment advice on consumer/retail stocks from the janitor of Tiffany's flagship store | Teller |
| +39 | Reading the NYTimes. Your first mistake. People...Reading the NYTimes. Your first mistake. People ruining this country are the politicians plain and simple. The wealthy pay the vast majority of the taxes in this country. That revenue goes to the government where it is pissed away. Blaming the rich because poor people choose base pleasure... | TNA |
| +39 | He ended up leaving the firm, broke up with his former...He ended up leaving the firm, broke up with his former interviewer, and founded Wall Street Oasis @WallStreetOasis.com" | idaho |
| +41 | It's not the most graceful argument, but it is an...It's not the most graceful argument, but it is an important one. Here's another of the same kind. Anti-intellectualism, whether is it conservatives denying global warming or liberals thinking GMO food is bad for you and vaccines cause autism, is absolutely running rampant in our country.... | CRE |
| +40 | Do you just walk around looking at the elderly and...Do you just walk around looking at the elderly and thinking--there's not enough ROI there to justify the medical expenses...Anyone over 90 should just kill themselves | timetogetserious |
| +39 | alright smalls, sit down and shut up, I'm gonna learn...alright smalls, sit down and shut up, I'm gonna learn you somethin today. 1. if a woman cares about what specifically you do, run. it's great if she wants to date someone with ambition, beyond that, fuck it. 2. lie about your job. if you're in NYC, everyone's in finance. if in SF,... | thebrofessor |
| +39 | At the bank I interned at, ankle hair was expected to be...At the bank I interned at, ankle hair was expected to be between 0.6 to 0.7 inches at all times. Any deviation from this was grounds for immediate termination. | QuestionsNeedAnswers |
| +39 | This forum is really helpful for certain things, but...This forum is really helpful for certain things, but asking questions associated with prestige of a job, university, MBA program etc will just make you insecure. Save questions like that for networking calls with friends / family / alumni in the industry. Their opinions matter far more than a 20... | JSmithRE2010 |
| +39 | ...ask me a question, then interrupt me as soon as they......ask me a question, then interrupt me as soon as they think they know the answer so they can show me that they know. I really enjoy the teaching and mentorship part of the job. I like it when people come to me with questions, and they leave my office slightly more capable than when they... | Layne Staley |
| +41 | I take a bit of issue with this. I understand where you...I take a bit of issue with this. I understand where you are coming from - the world is full of latent prejudice and you want to avoid it impacting your business. But to say that who he married shows "bad judgment" seems a bit much. Can you really say you know the circumstances of his... | Fugue |
| +39 | 5 . **The List Makers**5 . **The List Makers** | I'm actually a ... |
| +39 | Deo et Patriae | |
| +40 | Toad - Received at least $413 million from Toad Sr but...Toad - Received at least $413 million from Toad Sr but claim it was only a $1 million loan. | I'm actually a ... |
| +39 | I was wondering if I am being too negative or if it...I was wondering if I am being too negative or if it is totally normal for people to be struggling even at this age? Absolutely! It's tough to see other people who have "made it" and then look at your life in comparison. *Just look at that fucker who was name the CFO of Heinz at 29! I... | John Pierpont |
| +39 | A buddy of mine got 2 offers - he accepted both and...A buddy of mine got 2 offers - he accepted both and didn't show up to one for like 7 months before they realized some ghost was on payroll. He was arrested a few years later for insider trading. | bingy |
| +39 | Sounds like exactly what someone at ExodusPoint would say.Sounds like exactly what someone at ExodusPoint would say. | arslonga |
| +42 | I mean, yeah. Most of the kids that are aware about...I mean, yeah. Most of the kids that are aware about these top end careers have been coached through life with the help of money, their parents experience and their environments. It's not just finance either.. corporate law, medicine, tech entrepreneurship, top B schools, politics etc are all... | princepieman |
| +40 | Beyonce is the single most overrated musician/performer...Beyonce is the single most overrated musician/performer of all time. | ValueCat |
| +41 | OP should apply to work for the SEC since they are also...OP should apply to work for the SEC since they are also cucks. | m_1 |
| +39 | Okay definitely go do that banking + PE stint first cos...Okay definitely go do that banking + PE stint first cos it sounds like you really need to get the shit kicked out of you for a bit | Angus Macgyver |
| +39 | Non-certified user base of the WSONon-certified user base of the WSO | b43b6b7b82b87 |
| +39 | Do it! Hopefully the bank from which you have an offer...Do it! Hopefully the bank from which you have an offer finds out and pulls it. That way, they'll end up saving themselves from hiring an idiot. | LeveragedBlackouts |
| +40 | I wanted money. I wanted respect. I wanted to be a... I wanted money. I wanted respect. I wanted to be a somebody in the eyes of myself and others. You still do. This is why you're 'sharing' your story here. You want to read all of the 'good for you' replies and feel special. Now you've switched your focus from money to fame/attention.... | SonnyCrockett |
| +39 | I was let go from my first job late last year (mostly...I was let go from my first job late last year (mostly not my fault) and I figured, "screw it, top firm and great group out of college, I'll live." As the weeks went by and the air became colder, my bank balance withered and reality set in that I had failed at something. I hadn't been able to... | M- Weintraub |
| +38 | cool story brocool story bro | jec |
| +38 | Here is my story: right before graduation, I overheard...Here is my story: right before graduation, I overheard someone talking about a BB recruitment event happening at a nearby hotel for shortlisted candidates. I knew that I could not get into the event through the front door (it was invite only, and the candidates invited were the top 5% of finance... | anonymoushedgef... |
| +42 | I was always wondering how a man could be that stupid to...I was always wondering how a man could be that stupid to marry a woman. I'M NOT A SMART MAN, BUT I KNOW WHAT LOVE IS ...but seriously, my wife is awesome. We got married when neither of us had anything, and we've been very mutually supportive, so now we're more successful than we ever... | Layne Staley |
| +38 | An intern put 2 sugars in my coffee, almost had to give...An intern put 2 sugars in my coffee, almost had to give him a spanking right there on the spot | BatemanBatemanB... |
| +38 | Let's define this further. By "Wall Street" drink I'm...Let's define this further. By "Wall Street" drink I'm assuming you mean a drink that proves how "alpha" you are. It is a drink that you believe furthers the perception of 'you' the dealmaker, and if you have been doing it for a while it is actually a drink you actually like and not part of some... | C.R.E. Shervin |
| +38 | lmao pulled out my mugshot on my phone during a superday...lmao pulled out my mugshot on my phone during a superday ... question was "what's one of your biggest mistakes?" .. it was a 2v1, with an Analyst and VP. The VP thought I was a savage from his response, but stupid shit like that is what leaves young savages unemployed. gotta minimize the... | yessir1 |
| +38 | At lunch, in between rounds 2 and 3 of an interview for...At lunch, in between rounds 2 and 3 of an interview for a boutique consulting firm. With a manager and an associate (I was interviewing to be an analyst). Manager: So how do you like ? Me: I love it. I actually grew up around here, and I'd like to move back. Manager: I like it here too.... | Layne Staley |
| +38 | Sounds like he wanted you to rail his daughter and post...Sounds like he wanted you to rail his daughter and post it online for him to watch. | IB Analist |
| +39 | If I ever get fired it's because I wouldn't stop taking...If I ever get fired it's because I wouldn't stop taking cases of 7-Up from the communal refrigerator to use as chasers for my boys from undergrad when we all get keyed after work. The MD of Compliance saw me do it the other day and asked what I was doing. I was like lighten up bro, I just... | FratLord |
| +38 | Susquehanna? a BB? watSusquehanna? a BB? wat | princepieman |
| +39 | No you aren't screwed. This site is filled with complete...No you aren't screwed. This site is filled with complete misinformation from kids who once they reach an actual intense job will realize two certainties: 1) the world isn't zero-sum 2) if you have sharp elbows and try to harm others to reach the top, intense team players will recognize your... | thissiteiscancer |
| +39 | https://www.youtube.com/watch?v=RcsRKaJPNDMhttps://www.youtube.com/watch?v=RcsRKaJPNDM | THE PsYcHoLoGy |
| +38 | I like to get drunk at extremely high-end cocktail bars...I like to get drunk at extremely high-end cocktail bars in close proximity to one another in New York, London or Paris so I don't lose my high moving from one to the next (and don't get so inebriated at any of them that I ruin my good name). I like to do no more than two drinks at each bar... | brotherbear |
| +39 | I have to be honest and say you are one of the most...I have to be honest and say you are one of the most annoying users on WSO | Wolfofgeorgestreet |
| +38 | **Do not trust anyone who refuses to admit that part of...**Do not trust anyone who refuses to admit that part of the reason for their success is sheer, dumb luck.** Some people are born on third base and think they hit a home run. Luck comes in many ways. I'd say it's honestly 60% luck, 40% effort. But the harder you work, the more chances you... | lapike |
| +38 | Your understanding of IB resembles that of a college...Your understanding of IB resembles that of a college student, so it is easy to see why one made the assumption | Bullet-Tooth Tony |
| +41 | In the US you will meet the smartest and the dumbest....In the US you will meet the smartest and the dumbest. From personal observation americans are generally more rugged, and hungry than their European counterparts who are more feminine and generally behave like fairies | Gilgamesh95 |
| +38 | I tried for many years to get into IB. Had many...I tried for many years to get into IB. Had many informational interviews with partners and MDs that I knew through the grapevine, but the dialogue always petered our very awkwardly when they saw that my alma mater and grades weren’t anything special. Then one day, I was contacted by the... | Fugue |
| +39 | You could've just sent me a rejection letter instead of...You could've just sent me a rejection letter instead of putting me on blast like this. smh | John Pierpont |
| +44 | And just like that, a website full of staunch...And just like that, a website full of staunch "pro-business, union busting, greed is good, govt regulations are bad" College Republicans discover that they are in fact, pro-labor | Alt-Ctr-Left |
| +38 | How can I short myself?How can I short myself? | Leon Dragonov |
| +37 | This is pretty common. I went through the same...This is pretty common. I went through the same evolution and it took me a couple of years to realize that it had even happened. It is a terrible feeling when you wake up one day and realize that you're an asshole. You want to go back and apologize to all of those people that you degraded but... | CompBanker |
| +38 | Probably Lehman because they got kicked off campusProbably Lehman because they got kicked off campus | modestlocke9 |
| +38 | Yes, super serious. I was thinking about applying to...Yes, super serious. I was thinking about applying to GS myself in order to improve my commute, as their office is only 3 clicks from my current address. I figured it would be a much easier than my current one, which is about 7 nautical miles depending on the trade winds. | BatemanBatemanB... |
| +37 | If you even mention EBITDA, you may get the stink eye....If you even mention EBITDA, you may get the stink eye. Quick rundown: Asset Level Revenues - Asset Level Expenses = Net Operating Income. Net Operating Income (NOI) less Capital Expenditures (Purchase Price, Closing Costs, Tenant Improvements, Leasing Commissions, Capital Reserves) = Unleveraged... | cpgame |
| +37 | You seem pretty easyYou seem pretty easy | tengleha |
| +37 | Spot on. Don't forget that guy from high school that...Spot on. Don't forget that guy from high school that dropped out of college but tries to convince everyone he's a dedicated entrepreneur now by sharing cheesy articles like "The 3 Things Successful Entrepreneurs Never Do" | LReed |
| +37 | What the fuck kind of question is this? If you are...What the fuck kind of question is this? If you are afraid your work clothes are going to get stained, don't wear them? Or wear them and be careful not to spill a cocktail all over yourself? Or - I don't know - launder them over the weekend? The amount of handholding some people need on... | theofficeguy |
| +37 | I will always remember one of the first times I had a...I will always remember one of the first times I had a phone interview for an internship. Expecting a call at a certain time, I was role playing how the call would go and putting to much thought into how to start the call. The call comes in, VP introduces himself from which I say "Good... | Don Johnson |
| +37 | Fetus with no finance experience, with non-target parents.Fetus with no finance experience, with non-target parents. | Yankee Doodle |
| +37 | I admit I fooled around a lot from ages 0-7 so my...I admit I fooled around a lot from ages 0-7 so my backstory isn't that compelling, but this makes a lot of sense. I was considering the lemonade option but was concerned about exit opps. The role lends itself well to the trading desk, maybe less so to PE. In addition, the sugar market has been a... | AllStateRap |
| +37 | Tech is 100X worse. It is? Yes. I work at...Tech is 100X worse. It is? Yes. I work at a FAANG tech firm, and the culture and people are beyond obnoxious. 1. Bad personal hygiene, and they dress like shit. 2. No interests outside of coding. 3. Socially awkward and weird. 4. Ultra liberal SJWs who engage in constant... | Dances With New... |
| +38 | It's more because of supply and demand, than difficult...It's more because of supply and demand, than difficult work. Banking gives you a very broad set of skills, including attention to detail, working in a team, handling stress, talking to senior people, and knowing how to adapt to different situations. These skills are marketable in a lot of areas,... | WSO_123 |
| +37 | Notice... you said 10 AM to 2 AM. That's 18 hours. So...Notice... you said 10 AM to 2 AM. That's 18 hours. So if I work from 8AM to Midnight, that's still the same 18 hours. Just keep that in mind when you say that it's common. Math is wrong Pls fix Thx | ACP7 |
| +38 | just do it pussyjust do it pussy | GoldenCinderblock |
| +37 | "We have a very entrepreneurial culture" = You..."We have a very entrepreneurial culture" = You can make you own decisions as long as those are the exact decisions your boss would have made. | CRE |
| +37 | Probably the best marriage ever, lmaoProbably the best marriage ever, lmao | s.ratnasw |
| +37 | I'm genuinely curious, wondering what other career...I'm genuinely curious, wondering what other career paths could lead to the same income as finance. Technically, all of them. Rise to the top, entrepreneur it up, and target IBD level income. Not easy, but it’s technically possible in nearly every career out there. The problem I have... | iBankedUp |
| +40 | get your mum to bang him. Blackmail him by threatening...get your mum to bang him. Blackmail him by threatening to tell his wife. FT secured. | ZIRP |
| +37 | Dear Sir: I have been requested by the Nigerian...Dear Sir: I have been requested by the Nigerian National Petroleum Company to contact you for assistance in resolving a matter. The Nigerian National Petroleum Company has recently concluded a large number of contracts for oil exploration in the sub-Sahara region. The contracts have... | I'm actually a ... |
| +37 | Couple points I want to address here as someone who is...Couple points I want to address here as someone who is in senior leadership at an LP (running a portfolio of deals/partnerships) that has since turned GP (directly controlling our deals): * *GPs aren’t very different from other industries* - operators aren’t different from many other... | FutureCEO3 |
| +37 | love how you (twice) threw in at you work at GS as if...love how you (twice) threw in at you work at GS as if some shoes chemically react differently with goldman floors than they do with floors of other banks | cream flavor |
| +36 | Others might disagree but regarding fit questions for...Others might disagree but regarding fit questions for CRE shops, generally speaking you're dealing with a demographically and culturally similar crowd as greater finance, so I don't think you'll go wrong sticking to the ground rules. If you're interviewing for a product-specific shop, their... | Lizard Brain |
| +36 | Jesus Christ, I got an aneurysm reading this Jesus Christ, I got an aneurysm reading this | TheNotoriousFIG |
| +37 | Of course it was a terrible mistake from the intern, but...Of course it was a terrible mistake from the intern, but mistakes happen, especially as an intern with no experience. I would rather blame the MD for not seeing it. I mean it´s basically the work from an associate to check such things and mistakes from analysts, not even mentioning interns. It... | jordan25 |
| +36 | I saw an intern at a BB checking in on his first day,...I saw an intern at a BB checking in on his first day, and when he was taking his ID out of his wallet, a bag of blow fell out right onto the HR desk. See ya! | brosephstalin |
| +37 | Technically not an internship story because I never got...Technically not an internship story because I never got the offer, but here goes... So, I'm a rising senior at a non-target and desperately need a summer internship. After a bunch of cold calling and emailing, I finally get an interview at a small PE shop an hour from where I'm going to... | Sil |
| +36 | What happened in Venezuela is the truest form of...What happened in Venezuela is the truest form of socialism. In defense of North America and Europe's "socialists", what they are is really "social democrats" who believe in a large welfare state financed through market capitalism. Venezuela's Chavistas, on the other hand, are true socialists... | Dances with Dac... |
| +37 | Ran for president, but this bitch Crooked Hillary kept...Ran for president, but this bitch Crooked Hillary kept getting in my way. Eventually got a guy in my network to putin a good word. Got the job and realized that it wasn't what I thought it was. | Bronald Trump |
| +36 | Research analyst goes he covers "Gaming & Lodging" . I...Research analyst goes he covers "Gaming & Lodging" . I proceed to ask him about Nintendo. | Pass the Mayo |
| +36 | Thoughts on threatening Cletus with physical...Thoughts on threatening Cletus with physical violence? The actual worst case scenario is always death, and if you’re cool with that, you got no fears in life. And murder is a good solution a lot of times. Super hard to convict if they don’t find a body. I don’t have a prenup cause my... | GoldenCinderblock |
| +36 | always using hyphens - because it's coolalways using hyphens - because it's cool | PtoCFisUnderrated |
| +36 | No problem - happy to help. To illustrate how I would...No problem - happy to help. To illustrate how I would think about your table above, see the example below of someone who starts as a Vice President and then gets promoted to Principal and then Director after three years at each title (obviously timeframe for promotion and actual titles will... | AmoryBlaine |
| +36 | I like to spend my bonus on a diversified basket of...I like to spend my bonus on a diversified basket of low-fee index funds. Also, my favorite flavor of ice cream is vanilla, and I spend my mornings power-walking around the neighborhood and listening to NPR. | Layne Staley |
| +42 | You are worried about your friends thinking that you...You are worried about your friends thinking that you think you're better than them. You probably already think that regardless of what your salary is. The numbers don't make a difference man, I can tell you're going to try to show that you make a lot anyway. Your friends either already know... | George_Banker |
| +36 | don't worry bud you're not forced to do anything. ...don't worry bud you're not forced to do anything. actually, lemme do you a favor - pm me the name of the firm and you can contact them and let em know that while you aren't as happy with the opportunity, I'd be happy to take your spot | Howard Hughes |
| +37 | I heard banks stopped recruiting at UVA after yall got...I heard banks stopped recruiting at UVA after yall got got whipped by UMBC | VolatileMarket |
| +37 | I used to work pretty closely with a lot of the MDs at...I used to work pretty closely with a lot of the MDs at Moelis (they all came from somewhere else originally, so knowing a lot of them from other banks when they first started wasn't uncommon). I also used to work at Lazard as an analyst, so I have little sympathy for the long hours. The MDs at... | brotherbear |
| +36 | I still have to write my history of investment banking...I still have to write my history of investment banking post. Someday, I will find the time. Lotus-123 came out in the early-80s and that changed everything. That, along with the M&A boom, was really the birth of investment banking as we know it today from a junior banker perspective. Excel... | mergersandacqui... |
| +36 | Yeah that guy's an idiot. Who says you can't both have a...Yeah that guy's an idiot. Who says you can't both have a high GPA and be a regular, social person? | NuclearPenguins |
| +38 | Was expecting way more facetious douchery in this...Was expecting way more facetious douchery in this thread...disappointing. *When you make enough money that people give you props for being humble instead of calling you cheap, when you're being cheap. *When you have enough office-clout to rock pinstripes without looking like a... | REPE God |
| +36 | Me: "How are you doing today?" Interviewer: "Good, how...Me: "How are you doing today?" Interviewer: "Good, how are you doing?" Me: "Good, how are you?" *Interviewer looks at me like I'm a retarded housefly* There wasn't much to go on after that. | AFJ9 |
| +36 | When you know you have no shot, it might just be worth...When you know you have no shot, it might just be worth laying your balls on her table, Erlich Bachman-style. | AFJ9 |
| +41 | Ask me anything. Failed Trader, Failed Startup, Failed...Ask me anything. Failed Trader, Failed Startup, Failed Student plus failed AMA thread | el bee oh |
| +36 | HUNDREDS of Instagram followersHUNDREDS of Instagram followers | Banking Sucks Guys |
| +36 | Constantly tapping my foot/bouncing my leg; have...Constantly tapping my foot/bouncing my leg; have always had "restless leg syndrome" but seemed to get exponentially worse when I started banking. Also will run/pinch leg behind my knee when I'm stressed / hyper focused on something. Weird I know. have you tried jerking off in the handicap... | takenotes08 |
| +36 | I was told this would be a finance job. I spend...I was told this would be a finance job. I spend 10-15 hours on the model. And then I spend 200 hours on the powerpoint slides. I should have majored in graphic design. | lapike |
| +36 | Loneliest cell in ExcelLoneliest cell in Excel | XFD1048576 |
| +36 | Can always count on a Michigan kid, in any social...Can always count on a Michigan kid, in any social setting (including WSO), to let everyone know how great Michigan is. Never fails. Nice try hiding it within a defense of the broader Big 10, but we know what's up. | PteroGonzalez |
| +36 | This is nuts. Your bonus is supposed to be paid based on...This is nuts. Your bonus is supposed to be paid based on your performance in the year leading up to the day you receive it. There should honestly be labor laws that prevent firms from forcing employees to pay back ~100k in fees for leaving the bank, especially when you’re not even guaranteed... | KingColonize |
| +37 | I'm a first year analyst in corporate banking. I'm not...I'm a first year analyst in corporate banking. I'm not sure how Citi structures their CB department but as a first year analyst, you'd be focusing more on underwriting transactions and monitoring the debt portfolio rather than schmoozing clients. A first year analyst would have no idea how to... | IBBD |
| +35 | Hello, 1. Why not just try to start with a PE...Hello, 1. Why not just try to start with a PE firm? There are PE firms that hire juniors out of undergrad. However, this 99.99% of the time is in a sub-associate role. In other words, you would be junior to me. I’m only pointing this out because I don’t want you to think that a person... | I Invest |
| +36 | Your question makes it sound like today is your first...Your question makes it sound like today is your first day on this planet | adapt or die |
| +35 | VP here at a BB, promoted from analyst to associate to...VP here at a BB, promoted from analyst to associate to VP with no MBA. I have been in the business pre/during/post crisis. The changes have been profound and the wall street career path is no longer what was promised. In fact, if you ask me today if I would recommend you to become a banker,... | Vol Inversion |
| +36 | Cleveland? Was Detroit fully booked or something?Cleveland? Was Detroit fully booked or something? | DickFuld |
| +36 | I think he's in the wrong business if he can't count to...I think he's in the wrong business if he can't count to three properly. | Ace Rothstein |
| +35 | Thanks. It hurts to say but most of it is for random... Thanks. It hurts to say but most of it is for random weekend trips, going out on the weekends, and going out for nice dinners, especially if its a date. I also did two trips to Europe in my two years here (over a week each time), ski trips out West, multiple trips to Vegas, etc. Food... | hawketrackler |
| +35 | 1. Sharpen our pencils. 2. We need to give them a...1. Sharpen our pencils. 2. We need to give them a peak under the kimono/skirt. 3. We have the steak, but need the sizzle. 4. Guys, we're going pencils down. 5. Where are we going to be when the music stops? 6. Ya...you think you can massage these numbers a bit? 7. We... | Sil |
| +36 | The titles some people use make me want to run into a...The titles some people use make me want to run into a knife. Some of my favorites: "Entrepreneur" - aka pyramid scheme pawn "CEO of (insert nonexistent business here)" "Visionary" - are you some type of fucking shaman? Please take me on a vision quest "Motivated Self-Starter" - what does... | Thomas Pynchon |
| +35 | Asians are smart, so for certain jobs it could be a...Asians are smart, so for certain jobs it could be a plus. Korean names are easier to pronounce. Chinese a little harder but still doable. no offence to SE Asians, particularly Vietnamese folk, but some of you have names that would guarantee a non interview, e.g: Phuc Dat Bich - real... | techjobsyankee |
| +36 | There was an entire thread with like 150+ comments about...There was an entire thread with like 150+ comments about whether you want your wife to work or not. What I learned is that, apparently, finance guys want their wives to 1) Be absurdly hot, 2) well educated and interesting to talk to and 3) Be fully committed to not working and fulfilling all... | DeepLearning |
| +35 | Or one of those really inefficient ones. *watches...Or one of those really inefficient ones. *watches Youtube videos at work *forgot to mention that OP was to pick him up *cannot follow basic map directions easily *married a neurotic woman | Frank Quattrone |
| +36 | Smoke show of an intern we had, who was batshit crazy...Smoke show of an intern we had, who was batshit crazy (no surprise here), went out on the city every night. After staying out on yachts with 40 year old divorced bankers/lawyers till 6AM every morning doing all sorts of behavior she'd stroll into the office at 9ish. Since the manager was too... | da chief |
| +36 | SleepSleep | Courtside |
| +35 | EVERYONE: Submit application > resume screen i.e. GPA...EVERYONE: Submit application > resume screen i.e. GPA > most people get HireVue that acts as a first round > video gets reviewed by school team and if good, invited to superday How do I know this? Spoke to HR at an event this week | PtoCFisUnderrated |
| +35 | Forbes must have missed all the under-30's on LinkedIn...Forbes must have missed all the under-30's on LinkedIn who are "CEO / Entrepreneur / Thought Leader / Disruptor / Reiki Healer" | Synergy_or_Syzygy |
| +35 | I am not at a megafund. Here is my perspective on how it...I am not at a megafund. Here is my perspective on how it works at a senior level. **1)** It depends entirely on the fund you're at. Political climates vary from firm to firm. Blackstone, for instance, offers a slower promotion scheme but very attractive pay (albeit on a longer-term carry... | APAE |
| +35 | **Non-Target Kid:** You can find him on Linkedin or on...**Non-Target Kid:** You can find him on Linkedin or on Indeed 25% of the day. He didn't get to where he was by being complacent and even three months into his stint at an Elite Boutique, he's already networking for Private Equity. Hardest worker in the group but also takes the longest to... | PPT_XLSX_TINDER |
| +35 | I was 30 and she was 65. She was very smart, we could...I was 30 and she was 65. She was very smart, we could have conversations with each other in multiple languages, she taught me things about life and people. I still quote some of the things she taught me because I genuinely learned a lot from her. Besides, no 18 year-old is going to take... | Going Concern |
| +35 | This is exactly why I used to bring certified IQ test...This is exactly why I used to bring certified IQ test results to every interview. Think like the interviewer for a second: High GPA? Probably just a nerd. Perfect SAT? Dropped 5k on a prep course. But IQ ... that is something you can't fake. Now, make sure when asked the question you... | Arthur Digby Sellers |
| +35 | My intern practices LIFO pretty religiously. My intern practices LIFO pretty religiously. | poasb40 |
| +35 | I had a "non-traditional" upbringing relative to most...I had a "non-traditional" upbringing relative to most finance guys and I didn't give a damn about anything (except football and girls) in high school and didn't even want to go to college. I started off at a community college part-time (worked full time in a factory) before transferring to a... | Sam ''Ace'' Rot... |
| +35 | Am a woman and currently a first year IB analyst, so...Am a woman and currently a first year IB analyst, so wanted to chime in. I have thought about PE as a potential career path but having already had a brutal summer internship and getting worked pretty hard for the past couple of months, I don't think I would want to do PE for banking 2.0. I feel... | eazyyeezy |
| +35 | No. You are underestimating the level of talent that...No. You are underestimating the level of talent that exists outside of IB, and overestimating the importance of attending a target school when it comes to real-world business success. | NonTargetNetwork |
| +35 | “Talk me out of going to law school” NO. If...“Talk me out of going to law school” NO. If anyone on this board cares that much about your fortune, that’s some pretty weird shit. Nice humblebrag though. Tell mommy and daddy we all say hi. | iBankedUp |
| +35 | If you're as wealthy as the people caught up in the...If you're as wealthy as the people caught up in the college bribe scandal, you pay for world class prep schools, tutors, ACT/SAT prep, extracurriculars, etc along with hefty donations to the universities. If your kid still can't get into USC or Georgetown so then you have to commit bribery... I... | thexfactor336 |
| +35 | Yes, I am on the autism spectrum. It means that to get a...Yes, I am on the autism spectrum. It means that to get a job in banking I literally memorized exactly what I needed to say, how to say it, and how to come across as the sort of person that is hireable. I memorized it like an actor learning my lines, studying not just the finance but exactly how... | BobbybananamA |
| +34 | ex cfo during the dot com period late nineties... The...ex cfo during the dot com period late nineties... The single most important choice you will ever have to really make is the person you marry. She can make you or break you. Don't pay attention to the pop psychology bull. No other investment can be anywhere as significant. And you don't just... | initialsCG |
| +34 | It could be worse. I've seen "Incoming IBD summer...It could be worse. I've seen "Incoming IBD summer analyst at JPM", and in the description of the job "Offers from Lazard, DB and Citi" | LiamNeeson |
| +34 | depends on the college 1. don't stay in your room,...depends on the college 1. don't stay in your room, unpack the essentials, say goodbye to mom & dad, and get ready to enjoy the fuck out of life 2. at some point between now & when classes start, go through your schedule on foot (meaning walk between buildings as you would on a given day),... | thebrofessor |
| +34 | Having grown up in a small town of 4,000 people located...Having grown up in a small town of 4,000 people located in a blue collar county in the midwest, I resonate with Trump's populist movement. My county had a margin favoring Trump of greater than 20% despite voting for Obama in 2008. **Trump is the first person to truly relate with the blue... | Rags to Hermes |
| +34 | I'm not trying to be mean here, I'm just being seriously...I'm not trying to be mean here, I'm just being seriously straightforward. So you're questioning whether you're really willing to be there for him at a time when he probably needs support and understanding rather than the people around him thinking "but what about me"? If that's the case,... | DeepValue |
| +35 | It's pretty simple for me. I trust scientists with my...It's pretty simple for me. I trust scientists with my air travel, medicine, etc and I'm not going to cherry-pick one thing to be super skeptical about just because it's inconvenient to me. Also, who stands to profit in this scenario? If I look at oil companies vs. academics, the answer is... | coreytrevor |
| +34 | i've seen a lot of your comments recently, and i really...i've seen a lot of your comments recently, and i really dislike you | PE_Reaper |
| +34 | You work at UBS?You work at UBS? | LeveragedTiger |
| +34 | Thanks guys,p.s. The good news is that I can continue...Thanks guys,p.s. The good news is that I can continue fucking my co-worker on a more serious basis awwwh yeaah (see: https://www.wallstreetoasis.com/forums/how-bad-is-...) I think I found out the real reason why you got let go haha | cboy23 |
| +34 | I walked in on the CEO taking a shit when I interned at...I walked in on the CEO taking a shit when I interned at a small tech company. The stall door was unlocked and I didn't hear him. He specifically avoided me the duration of the internship. Yes, very badass. | Gangster Putin |
| +35 | I can't think of anything that I personally did, but I...I can't think of anything that I personally did, but I was once at a superday dinner where some kid spit out food. There was this one kid who embodied every single Asian stereotype who decided to sit in the corner of the dinner table with all the MDs. We get drinks, appetizers, and then the... | Sil |
| +34 | A small unassuming sack. A small unassuming sack. | Big4please |
| +35 | Sounds like you're a blastSounds like you're a blast | jburns |
| +36 | I can already see the headline on CNN: "Internet forum...I can already see the headline on CNN: "Internet forum user 'GridironCEO' fired from investment bank amidst sexual harassment allegations from coworker. #MeToo." It's not a safe time for a man to be shitting where he eats. Proceed at your own risk, my brother. | TheROI |
| +35 | I think your model has a formula error in cell D6 and...I think your model has a formula error in cell D6 and E6, please revise. Additionally, let's circle back also on the assumptions made in column C, as C6 seems rather aggressive. Finally, can you please re-perform the analysis on a quarterly basis to give a prospective recruiter a better sense of... | Lester Freamon |
| +34 | This is full-proof. *fool-proofThis is full-proof. *fool-proof | CashClown |
| +36 | There are a lot of logical and statistical fallacies in...There are a lot of logical and statistical fallacies in this post, but I want to keep my job. | Synergy_or_Syzygy |
| +34 | He was going out for coffee and asked if you wanted...He was going out for coffee and asked if you wanted one? Proud of you dude | sl55amg |
| +36 | I agree, but anything the govt does will be...I agree, but anything the govt does will be criticized. Student loans came about as people cried that college was only for the rich. So the govt helps. Now people complain about why did the govt let them do this. Just walk away. Allow private lenders to lend, allow people to claim... | TNA |
| +34 | "Now those blood vessels are young again. We get..."Now those blood vessels are young again. We get more blood vessels, more blood flow and the old mice, even the young mice, can run up to 50 percent, sometimes two times as far on a treadmill without getting tired," Sinclair said. Moelis is gonna volunteer its analysts for human... | geniustai |
| +34 | Cancel all of your weekend plans this summer. Cancel all of your weekend plans this summer. | Ed Chambers |
| +34 | I did three BB and EB banking internships because I was...I did three BB and EB banking internships because I was just that asshole so here are some tips. None are particularly new or different than what's on here a gazillion times, but they're still not easy and I can't even begin to count the number of kids who fuck these up every summer. 1. ... | TrackBack |
| +35 | You’re pretty much Moelis’ wet dream (i.e., smart,...You’re pretty much Moelis’ wet dream (i.e., smart, poor, hungry, willing to grind). Don’t be afraid to mention you grew up poor – banks love that shit and will eat it up. Memorize the WSO technical guide, join some investment clubs at school and you’ll be set. | 399 Park Ave 5t... |
| +35 | First ever job interview. Lifeguarding. 14...First ever job interview. Lifeguarding. 14 years-old. Interviewer: "Have a seat. How old are you?" Me: "14." Him: "Have you ever had sex?" Me: "No." Him: "Hmm. Ever touched a boob?" Me: "Yes." Him: "You're hired." | HighlyClevered |
| +34 | My thought is, why did that interviewer rat on you to...My thought is, why did that interviewer rat on you to your boss? Bad form by that guy, really bad form. | bfd |
| +34 | Literally just a non-target kid trying to make it and...Literally just a non-target kid trying to make it and grind. Def hits home. | GoldmanRacks |
| +34 | would you like someone to apply for you toowould you like someone to apply for you too | JohnnyLlamma45 |
| +35 | 10 % luck, 20 % skill, 15 % concentrated power of will,...10 % luck, 20 % skill, 15 % concentrated power of will, 5 % pleasure, 50 % pain and a 100 % reason to remember the name. | Aleksandr-Sm |
| +35 | (TLDR - don't host parties) also, sorry in advance, I...(TLDR - don't host parties) also, sorry in advance, I had no idea I'd write an APAE length post here...I guess I like to party fuck hosting. seriously, fuck that. if you don't hire help, you gotta clean your place so fucking good you could eat off the toilet, you'll get into no fewer than... | thebrofessor |
| +34 | Yeah man, I feel like I regained my fucking life when I...Yeah man, I feel like I regained my fucking life when I quit mine last year. Disassociate your identity with this chimp shit | GoldenCinderblock |
| +35 | Weird flex but okWeird flex but ok | NonTargetMonkey22 |
| +34 | Everything eventually becomes sales.Everything eventually becomes sales. | kuf135 |
| +34 | ...!(https://media3.giphy.com/media/jsCnmU8EJDuow/giphy-downsized.gif) | LeveredBetaBoy |
| +35 | I'm sick of it, and you can always tell which of the...I'm sick of it, and you can always tell which of the analysts are going home and making these silly posts on WSO. It's like they think the pinnacle of challenge in life is graduating from private high school, going to a great college, and maintaining their GPA while literally learning all day... | Fugue |
| +34 | Your title had typo: "Investment Banking Is Broken"...Your title had typo: "Investment Banking Is Broken" should read: "**Another Banking Analyst Broken**" Pls fix. Thx. | heyitsg |
| +34 | Says to not be narrow-minded. Writes off a solid MM bank...Says to not be narrow-minded. Writes off a solid MM bank like William Blair because it's not considered BB/EB. Good shit. | BoBandy |
| +33 | I came by this thread wanting to add my two cents, but...I came by this thread wanting to add my two cents, but then I realized that every bit of knowledge I wanted to add has already been dropped by TheKing, bankbank, Kenny Powers, and apprentice7697. I've scattered about 10 SBs throughout the thread agreeing with you guys. TheKing summed it up... | CaptK |
| +33 | As someone who did two summers in investment banking at...As someone who did two summers in investment banking at the same top bulge bracket and subsequently turned down a full time offer, I want to echo what another poster wrote about being wary of greener grass. It never is. There are always tradeoffs. The truth is that few jobs are... | moneymogul |
| +33 | Out of everything in this post I want to try the bucking...Out of everything in this post I want to try the bucking bronco the most | gunners14n |
| +33 | Great topic, thanks for doing this. How would you...Great topic, thanks for doing this. How would you rank the Target vs. the non-Targets? What obstacles did you overcome to make it into a Target? Stats? Are you a URM? How did the cashier treat given your late status? Did you meet any future (or current) leaders of the world... | DickFuld |
| +33 | you forgot the other part of that quote: "chill out,...you forgot the other part of that quote: "chill out, have a perfect resume, attend HYP, kill our video interview, and don't even think of applying if the word 'state' is in your alma mater." hypocrite | thebrofessor |
| +33 | for anyone wondering, this story isn't about me for anyone wondering, this story isn't about me | AndyLouis |
| +33 | You should definitely keep putting in 11%. I actually...You should definitely keep putting in 11%. I actually recommend 15% if you can manage it, and don't hit the contribution cap although you're basically covering that with the employer match. I get it, equities are expensive. And socking money away that you could spend elsewhere is a real... | IlliniProgrammer |
| +33 | What would personally worry me is that the managing...What would personally worry me is that the managing partner of the firm has so much free time that she can join WSO to hype her program. Makes me question what deal flow the firm could possibly have. | Sil |
| +33 | is she a subordinate? is she a superior? do you...is she a subordinate? is she a superior? do you work in the same office? do you ever work on projects together? how often did you see each other pre-breakup? if she's a subordinate or a superior, just say no. only if she's the same level as you or close should you consider this.... | thebrofessor |
| +33 | Not sure if this counts but here goes. When I was an...Not sure if this counts but here goes. When I was an intern at a small tech company my sophomore summer, I found such a critical flaw in a piece of code that had been written by a senior developer, he was fired as a result. | DeepLearning |
| +34 | America is thought of as a second tier country because...America is thought of as a second tier country because we're behind or vastly different from the traditionally "top countries" (mostly in Europe) in the following: -quality of primary education -defense spending (we spend a LOT) -cost of healthcare -social rights (LGBT stuff) -gun... | thebrofessor |
| +33 | As I am preparing for a potential career in investment...As I am preparing for a potential career in investment banking, I decide to mimic the work dynamics at an IB to train my brain and body. This is hysterical | 5 million |
| +33 | One day the MD at a MM bank where I was interning at...One day the MD at a MM bank where I was interning at came up to me around 9 PM and asked me if I had my drivers license. I said "yes", to which he replied: good. report here at 6AM tomorrow. Whole floor started laughing and I taught it was a joke. To be cautionaus I still went there. Met the MD... | silverace |
| +33 | >Mid August >Throwaway account >Brings up tech...>Mid August >Throwaway account >Brings up tech industry >Compares money >Tries to troll Yep, someone did not get the return offer. | banking_and_hedging |
| +34 | Care less about what other people think. I get that...Care less about what other people think. I get that that sounds trite, but there's a very powerful mindset to adopt. We are all nothing other than a collection of atoms hurtling through space. Someone else's opinion of you is irrelevant in the grand scheme of things. Sure, if that someone is... | APAE |
| +34 | Just call her up and say I’m a corporate raider, I...Just call her up and say I’m a corporate raider, I orchestrate hostile takeovers. What do you think of that? Pause for a second, then start making sucking noises, freakish piglike grunts,and ask Huh, bitch? Most of the time when ive done this I could tell they were frightened and this pleased... | BillPonderosa |
| +33 | I sold weed for a couple years while I was an analyst....I sold weed for a couple years while I was an analyst. Really helped bridge the gap when I was making a small salary with no bonus | EliteStudent11 |
| +33 | "pls show client resurgence in industry" "get creative..."pls show client resurgence in industry" "get creative this isn't a science" "wtf ER put a sell rating on our client" "get that guy back from vacation" "make better" | PPT_XLSX_TINDER |
| +33 | * Quit my full-time sales position making decent...* Quit my full-time sales position making decent money, and moved back home with my parents. * Started looking for unpaid internships in boutique IB (Low GPA, Non-busness Degree) * Leveraged two unpaid internships to convince one to pay me part-time money. * I worked full-time... | Keysey Söze |
| +33 | I mention private equity firms in casual conversations...I mention private equity firms in casual conversations to remind them of their abysmal interviews. | Jamie_Diamond |
| +33 | Love the black shirt with black tie combo. It's perfect...Love the black shirt with black tie combo. It's perfect if you're trying to break into the funeral industry. | QuiltEmerson |
| +33 | I think it depends on the person and their perspectives...I think it depends on the person and their perspectives on life and their career. I feel like ~75% of the guys I know coming out of their pre-MBA PE roles are pretty much done with PE and in some cases investing all together and will tell anyone and everyone that PE is the intellectual... | HugLife |
| +33 | ...how on earth did you all arrive at this conclusion,......how on earth did you all arrive at this conclusion, as a group? | Fugue |
| +36 | Look Saarang, I doubt WSO has many millionaire members....Look Saarang, I doubt WSO has many millionaire members. We’re mostly students (some with rich families), and I bet anyone else commenting is gonna give you a real smart answer about what you can do with that money. But what I’m gonna say is if you’re constantly debating whether or not IB... | kaeger |
| +34 | You asked for them like four posts up lolYou asked for them like four posts up lol | crisps248 |
| +33 | I put someone's money into someone else's account...I put someone's money into someone else's account annnnnnndd its gone......... | GoldenBananas |
| +38 | sorority? ASU? ... takes the bulge right out of bulge...sorority? ASU? ... takes the bulge right out of bulge bracket | equitykick |
| +34 | Banking is fucking stupid and I can't believe you cunts...Banking is fucking stupid and I can't believe you cunts on this forum tricked me out of a CompSci degree, 6-7 hour work day, 100k base salary and stock options. You shouldn't be defined by your career, but when you're a slave, you're a slave. After Uncle Sam and my landlord tag team my ass, I... | Jamie_Diamond |
| +33 | I'll take a different tack than all the other replies so...I'll take a different tack than all the other replies so far (which are valid both as descriptors of the structural factors behind what you're encountering and as possible solutions). The first five years out of school really set the trajectory of your career. For the overwhelming majority of... | APAE |
| +33 | Yea but everyone hates you so it cancels outYea but everyone hates you so it cancels out | Liberal_Slayer |
| +33 | And you're a kid who hasn't even held his first job yet...And you're a kid who hasn't even held his first job yet and worships IB without knowing anything about it, so you have nothing to contribute to this conversation. Let me ask you, would you take seriously the advice of a guy who had never weight-lifted as to how eventually reach a 3-plate bench?... | therealgekko |
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