Highest Ranked Comments In The Last Week

+1 Simple: Prop shop. Most will have you trading within 6 months. Market makers and OMMs especially.  S&T is decent, but most won't have you trading your own book for like, a full year at least.  usernameladiesman217
+1 Man, if you're lucky there's going to be one other person with any applicable knowledge on this website. Ask people in the program or check graduates on LinkedIn.  CRE
+1 Well, looking at how quickly some saas software moats disappeared - you’re not wrong. Kowalzky
+1 Misjudging management and the team BooHooHoo
+1 Yeah, the main thing is that a bunch of smaller hubs do good specific things. usernameladiesman217
+1 Yeah up until the last 2 months I would have said the Gulf would be more likely to supplant the UK. Southern_cre
+1 I think broadly the goal should be to avoid sponsors that want to pay the least for mediocre assets. Associate 1 in PE - LBOs
+1 Helpful insight. Are there any PE firm who's strategy is value-oriented (like you described) but isn't a sweatshop? Associate 3 in PE - LBOs
+1 Generally: evercore, Goldman, Lazard. Honestly a lot of this is just due to evercore having a disproportionate amount of their analysts from top schools with top grades who are finance hardos. Associate 3 in PE - LBOs
+1 Everyone in the chain likes a moat. LPs, funds, founders. It is a shorthand signal for a legal quasi mono/duo/etc-polistic opportunity Horatio Horatio
+1 *sorry if it wasnt clear; the decision if you get an interview will be released by june 9th, they said they are still reviewing applications  pelican191
+1 Wasn’t the major sellside FIG and their M&M team is the best. Unitranche Terry
+1 Anything about Cantor Fitzgerald? Prospect in IB-M&A
+1 Self taught basic one-sheet models and paper LBOs for interviews, then learned everything on the job through apprenticeship / mentoring.  SaaSChimp
+1 No. Wall Street is younger than the rest of the industry. Coming from the middle market in the south I was shocked at my first networking reception. Mileycrat
+1 lol what tampawampa
+1 If you’re already in-seat and have time, find models that are already done and learn them inside out. asdf1248
+1 No. Chris Hohn from TCI's focus is investing in businesses with a true moat as main motivator as is Mala Gaokar at Surgocap. They both have been done very well for themselves. Associate 2 in PE - LBOs
+1 Well R.I.P to my friend lol, thanks man! Good luck to you! max.lang
+1 Thanks again — this is super helpful. I think I feel pretty good on the broader prep now: pitches, portcos, metrics, sourcing, etc. The main thing I’m still trying to nail down is the case itself. bananajoe47
+1 Fund size and the size of equity checks. It's more of a description as to the size of businesses they can invest in. Associate 2 in PE - LBOs
+1 KPS has long been one of the most desired firms to join, not sure if underrated. Agree on the other 2. Would throw Arcline and 26North in for other Industrial focused names.  Associate 2 in PE - LBOs
+1 So from a public markers perspective it is then, however, not identifying strong moats (everybody could do it, why should you get paid for it), but seeing something in businesses that other people are not seeing / underest hansdieter1
+1 are you sure you're not the dumb one? GS under Blankfein
+1 What’s the name of your platform. Any website to check out? Monkey7521
+1 Super-day(dot)ai  Hyperlinked in the original post! Thanks for looking at it! Associate 2 in PE - LBOs
+1 Thank you brother 🙏 good luck to your friend in his search as well! testest123
+1 Neither is prestigious. BA is the baseline, PHD is very subject specific in terms of having any value. In the context of Harvard, the BA is prestigious relative to other BAs. VP in IB - Cov
+1 I know several Restructuring consultants who transitioned into Investment Banking and Private Credit, joining both investing and operations teams. kegari
+1 Yeah I agree that academics don’t matter for prestige after your early years in the workforce. CEO in IB-M&A
+1 Yes. S&T varies so much by bank/desk, but prop trading is a solid guarantee Analyst 1 in S&T - FI
+1 MysteriousBanana: Analyst 2 in IB - Cov
+1 Your gelato stand example is (in my opinion) not a moat - it’s a competitive advantage. The moat is how you defend your competitive advantage. wacc it from the back
+1 I do know that they are solid in health tech having worked with them previously as a client.  TechBanking
+1 wacc it from the back odog @digitalimmortality.com
+1 I have heard 4.8 is awful and most people went back to using 4.6, is that true? Also which one should i use for most work questions/work like thinking low medium high or max? Jake4432
+1 Need to double wrist the Casio with the Tudor, chuffed  johnny-mnemonic
+1 CEO commited fraud, all the financials were fake + forged audits. We kept doing add-ons, should have questioned the too good to be true deals. Main diligence takeaway: call the auditor. Associate 1 in PE - Other
+1 IMO it just comes down to how quickly you need the response/iterate. Feel like using Opus on medium gets you 80% of the way there most of the time without taking too long ImagineSisyphusHappy
+1 Has anyone heard back after their R2? Had my R2 last week but haven't heard anything Monkey5887
+1 Yeah QOE is the right move. We’re being more rigorous overall and requesting more docs and meeting a lot more different stakeholders in person, beyond the CEO. Associate 1 in PE - Other
+1 Makes sense. The example I cited was for majority buyouts in my PE days, but agree need to be cautious as a minority investor (maybe even more so).. a lot of grift out there.  kuf135
+1 I know a few people on the Life Time team, they describe it as less intense than their prior roles in brokerage/development but they get to work on a lot of cool spaces and like the company. rafiki
+1 Guess it’s time to start learning how to code ImagineSisyphusHappy
+1 I am a recent graduate of this course and happy to share my thoughts. Not sure exactly what you are looking for but as you will already know the entry level job market has been cooked the past few years. Analyst 1 in RE - Comm
+1 Can only comment from outside in. Founder is very well connected in the industry and fund is having a killer year. Think their biggest winner to date comes from credit but could be mistaken monk_of_the_land
+1 Did you not do FDD when making the investment? Would they not have picked up discrepancies then? Associate 1 in PE - LBOs
+1 Unc pushing 50 talm bout sum “two truths and lie” SixSeven6767
+1 Associate 1 in IB-M&A Leverage Hero
+1 I think the biggest factor is whether you're using it intentionally or just out of habit. Hanlon
+1 Rising is relative. It's rising because there's nothing around it, and even if Dubai doubles in size every year, it will still take them decades to even get close to London.  usernameladiesman217
+1 ur an associate THREE in ECM of all places spending ur time commenting and hating on a kid on WSO who doesn't know who u are. you're probably dumber lmao Prospect in IB - Gen
+1 Yes they don't regulate non-employees Associate 3 in IB-M&A
+1 Yes, you wouldn't have insider information. I wouldn't be day trading stocks in your coverage area but you are fine to do your normal activity or get out of anything you don't want to be in for the next 2 yrs Associate 3 in IB-M&A
+1 Just do it, sounds like your job might be cut anyways so you're gunna be in a position to jump potentially regardless. dollachimp
+1 Whatever you want to do post IB, I’d make sure this is the last time you ever refer to yourself as a “finance bro” in public again. dshhrry
+1 I got asked a lot of questions about market forces. It was basically a test to see my investor perspective. For example my case was about a fictional firm and was given just some general financial metrics. Analyst 1 in PE - Growth
+1 xie xie my friend, no one GAF about random ass Chinese Analyst 1 in IB - Cov
+1 +1 on this. You can get dragged into bad investments by senior folks and then wake up a few years later holding the bag and taking the blame for something they sleepwalked you into. Be careful. Principal in PE - LBOs
+1 DCM is not the best for exit opps but still a very good get in this type of market. cabser
+1 He/she might just be epileptic and forgot to take their meds on time. Analyst 2 in IB - Cov
+1 that’s my quant Analyst 1 in IB - Cov
+1 Analyst 1 in RE - Comm RegaZuko
+1 Directionally right for your first 2 years (training year + pod year 1); then the variance makes comparison pointless. Large spread of outcomes  Analyst 2 in HF - EquityHedge
+1 Having very structured meetings when asking for updates. Holding people accountable and having documentation on it.  Business School in CorpStrat
+1 Bro holy shit shut the fuck up this is why no one at targets like asians internationals. monkeynke
+1 monkey168If you have a good 2+2 background, do not do it. Start with a big fund first...then take your risk. Intern in IB-M&A
+1 Got a friend there. He’s been there for a year and trying to “get out ASAP” due to long hours and awful culture.  user_5991
+1 Not sure on deal flow, but it would be exclusively LMM (not necessarily a bad thing if you can do a few deal reps and then lateral). I do think they could well be taken over however, but who would buy them? unders
+1 Been a couple years now but I was getting $25 / hr working ~50 hrs a week during my soph summer at a LMM PE shop in the midwest.  Analyst 1 in IB - Gen
+1 I mean you can ask for as much as you want but I would dial expectations back for a 10 person shop. The last thing you want to do is piss them off before you hit the desk. Analyst 1 in IB - Gen
+1 Same, haven't done a platform in ~2 years. Tons of portco management work to keep busy plus looking at add-ons. Add-ons can be just as much work as platforms sometimes. Associate 3 in PE - LBOs
+1 Evercore situation 2.0 incoming Prospect in IB-M&A
+1 Hi there mate, I completed the Nomura spring this April, and I'm planning on preparing my application for the upcoming summer analyst roles next summer. SantanDam22
+1 I agree with ur username +SB Analyst 1 in IB - ECM
+1 If you don't slam your head on a desk then you'll be fine Intern in PE - Growth
+1 Hasn't happened to me personally but I've worked in FP&A and can understand your pain. No shortcuts unfortunately, just tap into your network and apply to jobs. Associate 1 in Consulting
+1 ^on the money. delta_sandman99
+1 You need max a week for the 63 and 79. Maybe 2 weeks for the 7 but i don't think you're taking that. I wouldn't entirely underestimate the SIE, however. Spend at least 3 or 4 days studying for it. Analyst 1 in S&T - FI
+1 heard from a buddy ECM is on the rise + rapidly expanding anakin_u_were_my_brother
+1 My favorite is when someone posts a very specific CRE question and the bot responds with "here is how to break into IB" Associate 3 in RE - Comm
+1 Week 1 is just training… homework is not that difficult mxgb20
+1 I'm sorry but if you are landing a job interview every week and not landing anything, you might be doing something wrong or you are just the unluckiest person. xxx1
+1 Nonsense, luddite. The WSO Monkey Bot is revolutionary. Brilliant men of Blackstone spend their days debating the Monkey Bot’s impact on the future.  IsItREPE
+1 Cambridge advertising their Executive MBA programme on this website proves that they don’t have anything close to Oxford’s brand power. Prospect in Non-profit
+1 Thanks again — this is really helpful. One last thing on the case and then I’ll stop bothering you. When you say they asked a series of questions about market forces, do you remember the types of questions they asked? bananajoe47
+1 what if it's actually a psyop to make you hate AI so competition stays down when AI eats us all Developer in RE - Comm
+1 A little bit into June. Analyst 1 in IB - Cov
+1 Depends on a lot, like how many kids, divorce, market conditions, lifestyle, etc. Starting in PE now may have very different outcomes than starting 20 years ago. gfour
+1 Prospect, that is a great attitude that will get you looks at many banks and many processes! 🤣🤣🤣 Analyst 1 in AM - FI
+1 So are associates just cooked on PE in general if you don’t go during your first 3 years of banking? Kinda makes sense, but still feels like there could be an opening if you have decent industry knowledge. solonwarning
+1 Heard it’s mostly financing though, not m&a curious George 2345
+1 while the sun has long set on Britain Londons demise a financial centre is way overblown it is still the place worldwide for many types of insurances (esp multinational stuff).  thegoat2535
+1 Wrong guy SomeCaliberTalent
+1 Claude. It's more sophisticated. Talking to it for a few weeks and I'm much more smarter SomeCaliberTalent
+1 idk how this kid is going to survive college lol bananabaykong
+1 Wondering about their rep as well danplainview
+1 Actually read your LevFin primer a while back, and just read the Credit Analysis one. Subscribed to your LinkedIn page just now, will continue to follow! Intern in IB - Gen
+1 Dr. Pepper is the master beverage PrivateTechquity 🚀🚀🚀
+1 Well. VP in PE - LBOs