Highest Ranked Comments In The Last Month

+2 Ironic take from SaasChimp, but I think software is very challenged right now (AI headwinds + quality assets bid to perfection at 1.5-2.0x MOIC (if lucky)). SaaSChimp
+2 “To be successful at anything, the truth is you don't have to be special. You just have to be what most people aren't: consistent, determined and willing to work for it” - TB random687447
+2 Oh no, the interns don’t want to format the ComCo memo for Project Bumblefuck at 2 am, they’re so entitled…  Analyst 2 in IB - Cov
+2 You three should be ashamed of yourselves. Is this Wall Street Oasis or Iron Curtain Oasis?  PokerSlopWars
+2 What habits did you have to unlearn when transitioning to the buyside? Determined
+2 Well… you’re thinking about the decision the “wrong way”. You’re basically an operator as a chief of staff. pbandjpartners
+2 Fraternities usually post the internships their brothers got each summer on their instagram, go look who got banking internships and their linkedin to see if they're part of the program. kohnpork123
+2 coming from an ivy athlete. being an ivy athlete (especially at a school with strong greek life like cornell&dartmouth) is the best thing ever. you get into any party. you get all the girls. Prospect in IB - Gen
+2 Based off of exits + TC this year and last year, it seems to be very much top tier donttry098
+2 As someone who owns a business outside of high finance, I just want to offer a different perspective. donkeykongbong
+2 PEAnalyst009 VP in PE - LBOs
+2 Associate 3 in RE - CommThere are legitimate mark to market leasing office plays in strong markets. Rick Kane
+2 Determined
+2 Kind of. I did 2.5 years IBD in CS before going to a European MF (CVC/EQT). Hated the team and boss so I left. LeveragedChurnout
+2 Bank already has a junior talent problem relative to pre-CS merger classes (both on UBS and CS sides).  Associate 1 in IB - Cov
+2 Pretty normal but it can present problems if you want to switch firms but not industry.   oil_quant
+2 Welcome 10yrs later to the party. Yes, trad consumer PE is likely screwed. You'll have a few firms that do ok, but it'll hardly be the place for great returns. Regular software PE is going the same way. The Penguin
+2 He’s a scumbag and a crook, the end. He should be in jail for blatant securities laws violations but since we don’t do that anymore I’ll settle for him going broke.  leftcoastlenny
+2 Nothing to bump. Return rates will tank because this intern class is so weak, which seems to be consensus across all groups. Analyst 2 in IB - Gen
+2 bankst...?  Intern in IB - Cov
+2 Yo dude, that was like, so hilarious. You should make a post with a similiar joke everyone will love you. Holy shit PE people are such bots lmao Analyst 1 in IB - Cov
+2 Just had an offer rescinded cuz the higher ups decided there wasn't room in the budget :) Developer in RE - Comm
+2 So what? staple financing is not that important at that scale. Most MF PE buyers have their own financing sources/relationships and large strategics are less likely to need staple financing.  Analyst 2 in IB - Cov
+2 Congrats on Piper Sandler! HFFRA
+2 A boss don’t get judged by the stories he tells. He gets judged by the territory he controls. When the map keeps shrinkin’, sooner or later the crew starts wonderin’ if somebody else should be wearin’ the suit Analyst 2 in IB - Gen
+2 Big red flag. Why are the founders so broke that they can't pay a salary? How are they going to afford to buy anything? BuySideIntern
+2 Right except there’s no VP promos for any associates since every fund performs like shit lol. Where u gunna go sunny? Associate 1 in IB-M&A
+2 Yea this is a valid breakdown. I will say though that my girlfriends don’t really care, ask about, or know entirely what PE is (so I never bring it up). Anonymous Monkey
+2 Analyst / Aso training has also declined so much  Analyst 1 in IB - Cov
+2 Mendoza's degree is from Haas btw  Intern in IB - Cov
+2 Some guys do it for the love of the game montauk scumbag
+2 Would be far less interesting if bro just went with “birch creek Capital” some other random fund name generator output. Principal in CorpStrat
+2 Currently an analyst at an EB (PJT / MOE / LAZ) that A2A after two years, and yeah, going to PE is a pay cut, esp when all in Aso1 makes 400k on top of 75k promotion bonus. Analyst 2 in IB-M&A
+2 Yes except most funds have a 10% promotion rate. TA has some of the bloated mid levels and probably one of the best funds out there for promotion visibility yet even their promotion rate is around 20%. Analyst 2 in IB-M&A
+2 My first job out of college was $45k base (I’m not that old). I lateraled to a higher paying firm a year after and made $130k. Smart people know to take low paying jobs when you’re fresh out of school to get experience. Associate 1 in RE - Comm
+2 Going to add a different take: I think at any of these offices that are a satellite, need to be very hesitant. In that situation, I may even opt for Blair/Baird/etc. username21093
+2 Aviation focused IB. They were on the spirit restructuring which is why they're on the league tables Analyst 1 in IB-M&A
+2 I mean their acquisition team was like three dudes (all good guys), and I hate that for them, but it isn't exactly huge news. Count_Chocula
+2 One thing I'd add is that procurement teams often spend a lot of time negotiating rates but not enough time defining acceptance criteria and change request processes. shawnyuan
+2 You took a pretty big leap from keeping track of names to evaluating pitches and identifying why they did/didn't work. There are too many variables to try to decipher from a thesis vs. Determined
+2 We did our first healthcare RE deal several years back and continues to run beautifully. Largely because the stickiness of the tenants. teddythebear
+2 It was the “brilliant” idea of one of the co-heads of IB when he was the IB COO. Can’t admit failure in this job so doubling down on the strategy. Director in IB - Cov
+2 Solomon numbers? user9305
+2 AI's mainly killing the grunt work (comps, first drafts, data cleanup), not judgment or client skills that's still what makes bankers valuable. Junior roles are shifting more than vanishing so far. niketan-sharma
+2 AM fRENCH and I love red wine... But my go to is sake / shochu and any cocktail with them... It all depends on the occasion tbh If in random place i just get old fashioned/boulevardier Jaded Rainmaker
+2 I think you should hear back within this week if you've advanced  dbdbndfj
+2 Get mogged lil bro. Listen more and talk less Amazon Prime
+2 MF PE is not all of PE and the downsides of MF PE have been so heavily discussed that nobody with any intelligence should go in with expectation of a career track role. Associate 2 in PE - LBOs
+2 Geoblocking India would fix maybe 95% of all spam related issues on WSO and other social media platforms in general Amazon Prime
+2 Analyst 2 in IB - CovBest vacation spot you’ve been to?  i go to japan twice a year Jaded Rainmaker
+2 Unfortunately, my friend, you didn’t get it Prospect in IB - Cov
+2 you could be calling your friends and family for northwestern mutual all summer Analyst 3+ in IB - Cov
+2 I’m in this situation and have seen it happen to one other person. This situation is not normal. The primary reason for this is to pay you less and limit your ability to advance your career. Analyst 1 in HF - Other
+2 Fair enough. What an idiot. Analyst 1 in IB - PubFin
+2 my retard friend after buying amd and micron because he thought they were quantum computing stocks Analyst 1 in IB - Gen
+2 3x Full Body is great if you have a busy schedule. Lift once on the weekend. Doing this currently. Upper Lower x 2 is probably even better if you can squeeze two workouts on weekends.  NewIndustryHorizon
+2 This has been accelerating in the last 2 years and was one reason (out of many) I left and didn’t stay on as an Aso. If the talent below is incompetent, your quality of life as an Aso/D is terrible.  Analyst 2 in IB - Cov
+2 If your concern is "we need to be able to spend enough on AI as a part of our process to keep generating alpha", I wouldn't imagine that's a meaningful hurdle at any scaled fund. PM in HF - Macro
+2 Great.  Yes.  ER 15
+2 A move into a quant role is possible, but it will likely be challenging given your current background. Amelia F
+2 Because of high COL, only managed to get ~$15k in 401k even with match and saved $10K of base across first year + $5k from signing bonus. Analyst 1 in IB - Cov
+2 Think there's one main issue here: as paths diverge, what people consider as prestigious changes, which entirely undermines the idea of prestige as a whole.  pinkalpaca
+2 Why do people keep saying the same shit about MF being commoditized and MM not being so? Is it just cope?It doesn't make any sense. Intern in IB - Gen
+2 So true. 99% of education and corporate jobs are truly bullshit in the age of AI. ojapar20
+2 As someone who went to an Ivy, I think this is kind of a loser take. pinkalpaca
+2 OP here and am a white woman. Stop impersonating Analyst 2 in IB-M&A
+2 No user is wildly misinformed. Have worked at a reputable MM M&A group (WB/HL/Piper) as well as a top BB Levfin group. Nobody cares about this. rolo25
+2 can we get a Wall St Faceit grinders group going is_this_paradise
+2 sharepoint is paradise. wait til some MD rips you a new hole because >1 versions of the same deck have appeared after the MBA assc decided to take matters into his own hands MaritimeLeverage
+2 From what I know about Tech, it's closer to 60-70 in normal weeks and closer to 90 on bad weeks. Other mid-tier groups like HC are closer to 80 in normal weeks and closer to 100 on bad weeks. Analyst 2 in IB - Gen
+2 Group and people dependent. Mentorship is really something that ends up happening informally when you work with the same few people commonly on deals. Analyst 2 in IB - Gen
+2 If you could tell MV or IB leadership one thing, what would it be? Associate 1 in IB - Cov
+2 I said coverage group not fake group. Sponsors does not do anything and keeps firing juniors. Good luck trying to find another job from a group that does nothing but sponsor books. Analyst 2 in IB - Gen
+2 lol work life balance is soft and weak? im sorry your family and friends don't care whether you are there or not little guy. Associate 3 in PE - LBOs
+2 The biggest question isn't UBS's brand it's whether analysts are getting enough live deal reps during the integration. catherine2
+2 The fucking legend Paul Tudor Jones fTheVix
+2 Was at an EB and had a terrorist associate. We got Sharepoint and that mf made my life hell. He would jump in at 3:00AM and give comments and demand I turn then….this was as I was about to log off and send his way Analyst 1 in IB - Cov
+2 Google slides is paradise Associate 3 in RE - Comm
+2 A good pitch is 1–2 pages of text, 5 pages max including tables and charts. HKmonki
+2 FLDP, please don't overhype a strategy role at a Big 4 for yourself... Business School in CorpStrat
+2 I mean, that isn't exactly fair.  You get paid a salary.  The office rent needs to get paid.  Where do you think that comes from? Ozymandia
+2 When the hell did I ever say powerful lmao? I never said you HAD to be rich either, all I said was that kids at Ivys are already extremely smart, and/or wealthy. Analyst0910
+2 Farmer J, potbelly, justsalad, all fire Willerspillers
+2 CD&R will be grouped with Clearlake and Platinum soon...from RX banker Analyst 1 in IB - Gen
+2 I got hit head on by a speeding Chevy Silverado truck traveling on the wrong side of the road while on my bike and (luckily) flew onto the sidewalk with some injuries. odog @digitalimmortality.com
+2 Dubai-based MM HF Analyst here. Use the banks S&T for coverage. Yes, mostly sales folk covering HFs and SWFs, few traders but way less than London. Some research but light. In my experience, anyway. Emerging Monkey EMBA
+2 I work at one of the above mentioned shops, analyst and associate comp seems pretty high especially for the associates. Analyst are maxing out at $150K and Associates ~$210K. TORONTO REDEV
+2 Can we stop with this AI slop automatically dominating screen space on every single post? Works at Other
+2 Are we all fucked Intern in IB - Gen
+2 Nothing is impossible mate. Network as much as you can. Corp Banking is a really sweet gig of good WLB to comp. Associate 1 in PE - LBOs
+2 I don’t think it’s unreasonable to say biotech is more technical than any product group (barring rx) if you consider the breadth of actual diligence Summer Associate in HF - Event
+2 Know 1-2 deals inside out, questions can go in any direction so you want to have more available than Cap Structure, pricing and R+M.  LevFin Lab Newsletter
+2 Some HHs recruit for sell-side jobs, even at associate level (rare but seen it happen). Emerging Monkey EMBA
+2 Yes, he was always a mediocre investor but genius salesman. It was always a Tiger-type levered beta fund without any risk management. cp5670
+2 I think you should just recruit for post-MBA roles broadly (for those with prior PE experience). The actual title comes down to moreso firm-specific lingo and org structure. SaaSChimp
+2 Why do I see a new UBS hate post every week on this thread? Is this just one jaded ex-analyst that made 20 different WSO accounts just to post and hype himself up. It's getting tiring T_Dog
+2 Thanks so much for the detailed write-up. I have a million questions about the industry, as I’m seriously considering restructuring as a long-term career. Analyst 1 in IB - Cov
+2 Oof - heavily disagree with some positions. If your take is that this is not based on returns but based on reputations then the list still looks very different. I'll upload my list below. But I am glad you posted this. Analyst 1 in VC
+2 I actually don't think that's the case. Assist. VP in RE - Comm
+2 Having worked and known many close friends in late 90s-late oughts HK it really was the expat heyday. Research Analyst in AM - FI