Highest Ranked Comments In The Last Week

+40 You do realize that you’re asking a site filled with some of the biggest banking hardos to quit a job that they jack off to every night right. Associate 1 in IB - Cov
+37 My bank is ranked below what my ego prefers. That said, this is objectively wrong.  Intern in IB - Cov
+31 Feels like COVID/rates have become a convenient excuse for a decade of bad office calls. Director in RE - Other
+30 Anyone else remember that Journal piece on Brandon? It came off like someone born with a silver spoon blaming the market. It looks a lot more self-inflicted now. Associate 3 in RE - Comm
+30 To be fair the guy sounds more like a woman than a sexist Partner in IB - Gen
+29 Public markets has "Inverse Cramer" while real estate has "Inverse Shorenstein" Assist. VP in RE - Comm
+26 Family businesses are complicated SF_Giants
+25 This is incredibly gay, delete this or at least remove your identifying info. You haven't even been in spindle for a month bro. Intern in IB - Cov
+22 Is Danielle Shorenstein at Prospect Ridge related? She’s sharp AF and ex-Blackstone  Senior VP in RE - Other
+19 Senior VP in RE - OtherWhy isn’t she involved in the family business? IsItREPE
+18 Idk if I’d be bragging about buying $2B of core office with the 10Y UST up 1.25%. Not a lot of room for error on those deals. Curious where they mark today Associate 2 in RE - Other
+17 Interesting Senior VP in RE - Other
+13 Looks more like incompetence than bad luck. Analyst 1 in IB - Gen
+13 I'll bite on the RX names (pursuant to my comment above).  Associate 2 in IB - Restr
+12 He left office entirely for R&D/advanced manufacturing. After ten years with a front row seat to Shorenstein's portfolio, he chose a different asset class. Says a lot. Senior VP in RE - Comm
+12 Not a banker but I do manage people and I imagine it all happens for similar reasons. You probably won't get this until you're also managing people but nutmegger189
+11 Beyond a baseline of technical competence (which isn't that high; this isn't rocket science and you're expected to learn a lot on the job), so much of hiring is fit, not knowledge.  CRE
+10 Two things. First, anyone who claims to know when on-cycle is kicking off doesn't know what they're talking about. chipmcgee
+10 I’m going to give a few thoughts on this. Apologize if this comes across as being blunt; just how I write. Investment Analyst in HF - Event
+10 Gonna preface this short thought by saying that the MBB name is very prestigious. CFO in CorpFin
+9 I can tell you needed to get this off your chest. And if you feel vindicated by it, then that’s excellent for you. What works for some may not work for others, and vis-versa. Associate 2 in IB - Restr
+8 Mostly agree with the Moelis analyst above, but I'd push back on a couple of points. I'm a first-year associate at an UMM fund, for context. Associate 1 in PE - LBOs
+8 I think this is a reasonable minds can disagree situation with an added layer of prioritizing / valuing different things. ravena
+8 Think the answer really depends on what type of secondaries you’re doing. Associate 1 in PE - Other
+8 Is this “friend” in the room with us right now? Intern in IB-M&A
+8 BIG GION PM in HF - EquityHedge
+8 stop thinking like this is another “path”. this isnt PE or IV where you just mindlessly crunch numbers and build ppts. only enter LS if you absolutely love it. equitystrat
+8 Also hearing they're holding onto a lot of the legacy portfolio even though they're way out of the promote. Hard not to wonder how much the fee stream factors into that. Senior VP in RE - Comm
+7  EVR midstream is almost irrelevant this year. On none of the big deals. 4 strongest midstream shops are Barclays, Jefferies, RBC, and Mizuho. Barclays: Momentum (5.5Bn),  Brazos Midland (4.4Bn) Associate 1 in PE - Other
+7 bro is getting shunned by his peers Intern in IB - Cov
+7 WF is top 5ish in league tables. To rank them with BMO and Cain is laughable  Analyst 2 in IB - Cov
+7 Joining the military is always an option.  thisisanexampleofausername
+7 Associate Director in IB-M&A PM in HF - EquityHedge
+7 Lots of copium from the PE b0is here lol. You leave PE, you ain't going back. Benson Says
+7 I worked for McKinsey and work in RX now. Some unstructured thoughts: hansdieter1
+7 Why isn’t she involved in the family business? Senior VP in RE - Other
+6 Your experience is not abnormal, especially if you aren’t coming from a banking background. Associate 2 in PE - LBOs
+6 Ensis is interesting. My preliminary read is that we are in a different state of the RX world compared to 10 years ago when spin-outs were more popular (think PJT from BX, Ducera from PWP, etc). Associate 2 in IB - Restr
+6 This sounds awful. Do people really organize extracurriculars around people who only work in finance? ravena
+6 SM HF are structurally impaired and secularly out of favor. It’s a common misconception that you don’t need people/social skills in the HF game. You 150% do. Principal in PE - LBOs
+6 “I’ll be entering a more creative era” - OK bro. Create deez nuts on your chin Dick Long
+6 Investment Analyst in HF - OtherOP sounds pretty toxic… You sound like you went to Cornell Works at Harris Williams & Co.
+6 OP sounds pretty toxic… Investment Analyst in HF - Other
+6 Cut out the caffeine. One a day.  Cut out the booze to one night a week when you’re not going to be really working the next day Managing Director in IB-M&A
+6 Some quick thoughts. Ignore title. Associate 1 in PE - Other
+6 Private Credit Associate here. Portfolio monitoring is either done by the investment team that originated the deal or by a dedicated internal portfolio team, depending on the firm. Associate 1 in PE - Other
+6 ok will continue exercising everyone and losing deals on purpose tinyrat
+6 I don’t spend a ton of time thinking about that but my quick read, based mainly on EVR PCA (not the rest of the bank) and a number of different groups at GS, is just that the VP title band is so wide you can drive a truck ravena
+6 I don’t buy “pigeonholed”. ravena
+6 My advice can be boiled down into a few main buckets: Associate 2 in IB - Restr
+6 Of course, happy to answer questions. Associate 2 in RE - Comm
+6 If anything the role gets more analytical and judgment-driven as you rise, not less. VP in PE - LBOs
+5 DEL, I read this wrong. VP in PE - LBOs
+5 OP here. Fair question. The reality is that all I have ever done is invest (other than my initial IB stint out of undergrad), be it private credit or what we're doing in my current seat. Principal in PE - Other
+5 You messed up not being born into generational wealth and to a real estate father with deep market connections.  (Also, bump, now that this is back in RE where it belongs.)  CRE
+5 just to add to this great answer...clearly it doesn't mean every person with skills/desire/confidence/work ethic makes it...but the types that do are the ones who know they would figure it out a million different ways if t Research Analyst in AM - FI
+5 Why be in this business not to make money?  Its really hard to create real money in this business without taking large risks.  This is one of the riskiest businesses out there.   Ozymandia
+5 PWP (rest) to A-, PJT M&A and MOE (rest) to A. Analyst 1 in IB - Gen
+5 My opinion is to go for a MBA.  That means getting your PE and “finishing” (wrapping up) your experience as an engineer.  odog @digitalimmortality.com
+5 B27B Managing Director in IB-M&A
+5 unluckybanker Non-TargetToMNA
+5 There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say, we know there are some things we do not know. VP in PE - LBOs
+5 i think GPUG and NY Tech do modeling in house... think M&C splits modeling with M&A. Networking with school alum could be beneficial beforehand. Intern in IB-M&A
+5 Here’s how I’d bucket it based on interacting with all of these buyers. Generic Banker
+5 er_beastFunny how oblivious the typical finance professional is. Most haven’t taken the AI-pill. TheFunkyMunky
+5 More akin to a PE fund but not a 'traditional' one.  Associate 2 in PE - LBOs
+5 I have friends at FAANG and at YC-backed startups that have not written a line of code in years. Everything is AI. Claude Code... Codex... They literally haven't opened up an IDE in years.  marlin_pardon2
+5 Senior investment professional at a MF here. Ignore WSO title. Principal in PE - LBOs
+5 Irrelevant. Haven’t closed a single deal since LLOG Associate 1 in PE - Other
+5 Tons of terrible advice here, likely from your peers that have at most, the same amount of experience you have and likely at lesser firms. The only right answer is leave asap. Principal in PE - LBOs
+5 That's Brandon's sister SF_Giants
+5 Great stuff here, thanks for sharing and for the transparency. Best of luck going forward, sounds like you are on the cusp - be it this go around or another. Just a brutal market. Developer in RE - Comm
+5 I'm surprised you don't seem to approach this from your own personal interest/reputation perspective. MMPM
+5 There are significantly more ways to fk it up versus acing it, so keep it simple with the below framework (hint, it’s not that different from a normal coffee chat). Associate 2 in IB - Restr
+5 Need to get a top MBA/MSRE (though I’d lean toward MBA personally). It can not be a bottoms tier program especially in this market - if you can’t make it into a top 50 program don’t bother. patrick_bateman_
+5 The answer is clearly to speak up. SaaSChimp
+5 RX at almost every shop exits better than almost any M&A group out there. It’s just much more competitive to get and candidly people self select for those roles. Evercore is no exception. Analyst 2 in IB - Cov
+5 This isn’t profound, but it’s all about your own network. I have people I’m friends with who work in real estate who work at MFs that have asked me to interview for openings even though I know 0 about real estate. Research Analyst in AM - FI
+5 Investment Analyst in HF - Event hansdieter1
+5 I gotta be honest man. I use Claude all the time for stuff. I have no idea wtf you’re talking about. larry david
+5 Serter: Non-TargetToMNA
+5 not remotely true. I've seen tier 3 rx co guys go to hl. it's self selection if anything since most of them either stay long term/ chase the cfo exit Intern in IB - Cov
+5 This got me so fucking amped. Buddy just kept grinding and made it big. Hell yeah brother. About to go obliterate the weekend for my juniors. VP in IB - Gen
+5 I wrote a detailed summary of how the RX groups currently stand on a different thread. Associate 2 in IB - Restr
+5 Summer Associate in HF - EquityHedgeam student so apologies if anything is nonsensical PM in HF - EquityHedge
+5 We don’t care lil bro Amazon Prime
+5 There is structuring, but the guys that are really doing it in an interesting way are the pref providers not the equity providers. ravena
+5 Coverage, always can go pca later (always looking check linkedin). Moelis also not top three. Works at JP Morgan Securities
+5 DeterminedAs one "old guy" to another, it's always good to have experienced folks giving back to the community. PM in HF - EquityHedge
+5 sams3 PM in HF - EquityHedge
+5 Someone is upset that a lot of Nigels VPs make low 7 figures and his SMDs closer to $10M… the credit secondaries bankers that got traded around the last year? ravena
+4 Funny how oblivious the typical finance professional is. Most haven’t taken the AI-pill. er_beast
+4 Caught up with a friend recently who launched his own shop a few months ago and he shared a lot of this sentiment. CoffeeBong
+4 Most of my friends who exited to RXco did it to spend the rest of their career there. Director in IB - Restr
+4 LOL at the mental model that leads to thinking: “I don’t know if I have the guts to quit IB” (low risk tolerance / professional courage) + Principal in PE - LBOs
+4 Reads like the guy had a really crappy female analyst on his team who automatically subscribed everything to gender whenever there was a negative comment. Ehmerica
+4 Would add leads are almost always getting board observer seats on CVs… some are starting to take active board seats and bringing in industry advisors. Generic Banker
+4 As someone recruiting to lateral to another PE firm, when I get asked why I'm looking to leave my current PE firm my talking points have been along the lines of "Our performance unfortunately isn't great, we made some inve Associate 3 in PE - LBOs
+4 Just make up some story about your family going through estate issues and have to jump on quick calls with lawyers or something. ImagineSisyphusHappy
+4 Lil bro wrote an op-ed about humanity and how he will be leaving behind the hell of IB for a more creative, impactful life just to go to a strategic finance gig with the same stress and hours lmfao. Associate 3 in PE - LBOs