Highest Ranked Comments In The Last Year

+4 "One can choose happiness, or one can choose BB IB. Either/Or." -Soren Kierkegaard pihyper
+4 It really comes down to agility and whether an incumbent can genuinely become AI-first. They do have advantages just by nature of already holding the relationships / reputation. Associate 1 in PE - LBOs
+4 As I said in another post, you’ve got 85k H-1Bs a year. A % of those are *returning* H-1Bs. That is to say, they’re already here and they’re just getting a new H-1B visa. Associate 2 in Consulting
+4 "Jarvis, I'm low on bananas" usernameladiesman217
+4 Sitting in an alley with a needle in my arm G0ldmanSacks
+4 pjm.privRight-wing race baiters?Bloomberg, Tisch, Ackman. No I pretty certain many Jews did not want a Muslim anti-Israeli, mayor of their city. Ozymandia
+4 You have no business being in acquisitions if you don't understand operations/asset management. MPBYO
+4 Congrats on Bain Nurse Rahma Dikhinmabhatt
+4 There are so, so many things you said that demonstrate how you are relying pretty much exclusively on your emotions over how any of this actually works. jl12
+4 Not entirely familiar but have worked on a handful of engagements for PV on the debt & equity side. Gold-ManSacks
+4 Yes, I think so. VP in Private Credit
+4 And how much of this is revolutionary?  E-commerce wasn't new; taking out the novelty of doing so on the internet, what is the effective difference between shopping online, or in a catalogue, or on QVC? Ozymandia
+4 C.R.E. Shervin Ozymandia
+4 HC team doing quite well this year as well senior_associate@goldman_stanley
+4 Honestly ECM is a great gig and not sure why people hate on it. When you look at what people want to do after 2+2+2 their ultimate goal typically sounds like ecm (good wlb @ high pay) Associate 2 in IB - Gen
+4 tell me something you are top 1 [5%] in the world at: if you have gotten great at something -- sports, obscure hobby, arts, schoool, etc --  then you have the Associate 3 in PE - LBOs
+4 EBITDA adjustment review on cims. Prompt is basically pull every add-back, bucket them (one-time, owner comp, run-rate, synergy), grab the banker's rationale and flag anything vague or missing. Dr.Leigh
+4 Never ever disrespect a veteran. Hope clients don’t give them mandates. RIP LUKENAS. Associate 2 in IB - Cov
+4 I don’t have a dog in this fight as I’m currently at an EB (though Lincoln CAG reached out to me regarding building out their RX practice), but this just doesn’t really seem accurate. user_5991
+4 Not really, it just means wages were overly inflated in 2021 and revenues are catching up. It shocks me that people on a forum like this can't think beyond lunch time. Solutions are a cost to value problem. ioncewenttoschool
+4 Insurance M&A is paradise  figenjoyer
+4 why is every indian treating this like it's the OJ trial lmao VP in IB - Gen
+4 Our Corp Dev leader: $250K base, $100K bonus, 0.25% of the business at typical 50-50 time/performance split at 5x, 7x, 10x on performance. yiggyyaller
+4 THL is up there with the AmSec's, Onex, AEA, Charlesbank, Providence Equity, etc. of the world as being as sterotypical of a larger MM JAMMBO as possible. Analyst 1 in IB - Gen
+4 Cool bro you’ll work same hours and get less out of the job enjoy Analyst 1 in IB - Cov
+4 literally nothing changed in the group  And the female DEI asos are deadweight while men get crushed  Intern in IB - Gen
+4 Marks are all fake. A PE firm's incentive is to mark every asset at the highest level it can defend under basic questioning, nothing more. VP in PE - LBOs
+4 Associate 1 in IB-M&AWhat’s percentage cash / stock / deferred? Jefferies bonuses are all cash  Analyst 2 in IB - Cov
+4 Entirely depends on your AUM. If you are running less than a yard, you can find heaps of strategies and alpha to exploit in systematic macro, especially intraday. econometricks
+4 Either way OP is gonna be insecure and feel out of place the only main way to eliminate his insecurity is by shaping a room. Analyst 1 in PE - LBOs
+4 Appreciate it. But I'd actually push back on that instinct. stockpitchlab
+4 The racism in the comments…blame the white executives who are replacing you, not the Indians… kr15001
+4 Agree it's sweaty, my point as outlined in my comment is that it's not abnormally sweaty like a Veritas or Apollo. Any fund of 5bn+ is sweaty, the question really is severity and if the people are also aholes. Associate 1 in PE - LBOs
+4 Fatter and poorer than I thought, why do you ask? Analyst 1 in IB-M&A
+4 Yes this is fine. Most people don't have perfect backgrounds going into MBA. You have a bulge bracket name brand and a finance related job. Nobody Man
+4 Nah this job is retarded. Use it to your advantage (comp, exit, etc) and not the other way around. Also being top bucket is not worth it. Be upper middle   Intern in IB - Gen
+4 The only skills we expect from Summer Analysts are mainly soft skills: 1) curious, 2) fast learner, 3) can do attitude and most important 4) reliable (committed, meeting deadlines, and consistent with quality of work deliv Associate 3 in PE - Other
+4 "Everyone is looking for a job. Nobody can find the right employee. What is going on?" The short answer: a lot of people are lying. jl12
+4 To answer the original question - UBS IB is not a great place to work. I used to work at Barclays with several of the MDs that moved over to UBS. 50% of the new associates quit within a few months at Barclays. chasejames677
+4 No, you did nothing wrong. Yes, you were naive. But you're 19, I was a fucking idiot when I was 19. Don't let this incident sour your world view, though. Angus Macgyver
+4 Kind of why you’re getting MS. “Just open phase I / PCA to make sure nothing was crazy” “GP guys just jack assumptions” credev99
+4 There are a lot more of us in the business than you think, homie. From a very atypical background here as well, and 10+ years your senior. Stay sharp, keep working hard, and ignore any bs. VP in PE - LBOs
+4 I think there's several things that contribute to being cultured but they can be broken down into 2 separate yet intertwined categories, which are experiences you have and how you carry/present yourself. BayStreetBarbell
+4 The older guys tire out of the conference circuit until they’re retired and have nothing else to do. lesbiangirlscout
+4 congrats on the bubble you're living in Analyst 2 in IB - Gen
+4 bro just don't lie about your gp or fake your grades. You should 100% go work at a boutqiue or Big4 TAS vs B5 IB if it means even a 10% chance of being found out that you falsified information. Intern in PE - LBOs
+4 I'd say that it's heavily firm dependent, and you kind of get a sense of that number once you start the internship. For my firm though, the numbers are similar to what you're citing...  chimpeus
+4 If you're shortlisted for a corp sales (rates/fx) type role you'll likely not be dealing with institutional clients but rather large corps (think fortune 500) with hedge programs for their overseas operations. hedgefundguy97
+4 You may have heard this but: just enjoy the high pay and little work Associate 2 in PE - LBOs
+4 Yeah this happens. They're just leveraging their returns with your equity at that point and minimizing their skin in the game. laffer
+4 Oxford BA.Crazy how you haven't been banned yet btw  Prospect in IB - Gen
+4 Real Estate is the best - high deal flow and great culture.  AsianBecky69
+4 I feel like you can go to any of those funds post banking. Banking will give you insight into M&A process more so than credit job. VP in IB - Cov
+4 Ex MBB in tech here. I don’t think the main risk is that data centers are a fad. The main risk is that the sector stops being “special” faster than people expect. Ex-consultant in Tech
+4 Yes, that’s more or less how the math works. I was at GS TMT/FIG, and the typical outcome is a large MM. Associate 1 in PE - LBOs
+4 How about an earnout and rollover instead of a seller note? We can hammer out the details over email Senior VP in CorpDev
+4 It says the US is more like Brasil or Russia than it was ever like France, outside of perhaps a short period of time.  Obvious to anyone who had ever known. Daemon145
+4 Can confirm - CEO Cedric Bobo is very sketchy and overly possessive of students who participate in his programs. j.k.
+4 I disagree. Sending a good writeup indicates you're serious about the search and aren't just fooling around. MMPM
+4 It's one of the sadder changes in the demographic of WSO...used to be actual bankers talking about every major deal on this site Associate 1 in PE - Other
+4 Many people here who are following / have followed the hivemind will be mad about this, but no. loser1234
+4 Dude AI is here and it’s the future. I bet you old architects were saying shit like this when Autocad came out. patrick_bateman_
+4 I hate to say it as an NYC guy but Donald Bren is the real estate OG. Pokemon Master
+4 I think this is generally the right answer. Deal Team Six
+4 I'm not going to distinguish between debtor and creditor stuff, and some of this stuff overlaps with the bankers and lawyers, but in general, in no particular order: VP in Consulting
+4 GET THE HUMMUS Substack_Guy
+4 Trill I assume? Associate 1 in PE - LBOs
+4 I can imagine what you look like just by reading this message Intern in IB - Gen
+4 Has to be Agentis ebansss
+4 Former PM ($1B AUM) here. Different seat than yours, but relevant perspective—I've been the buy-side client that sell-side analysts are trying to get in front of. stockpitchlab
+4 I think London isn‘t worth it. The best case for London is if you are 21/22, out of undegrad and share an appartment with 3-4 other young professionals. I can imagine during that period the city would be amazing. hansdieter1
+4 Insurance Advisory Partners. Heard they have a fantastic culture and everyone stays Associate 2 in IB-M&A
+4 Sweaty even relative to PE, terrible culture, and most importantly horrible people to work with. Audax is not worth it for anyone who has any interest in anything more than their job. VP in PE - LBOs
+4 There isn’t really a “right” answer one way or the other, it’s a spectrum. Haircutting the MOIC and applying a discount rate are just two methods of accomplishing the same thing. Principal in PE - Other
+4 Depends on what type of tech. Operation Managers are always in demand at Amazon and they pay well. Know quite a few post MBA contacts who lateralled over there after their first role. NewIndustryHorizon
+4 "be interesting" - just to hire the next boarding school kids from Oxbridge & LSE loser1234
+4 Take the Ai offer & if everything goes to shit you can just get an MBA in a few years and return to banking. Opportunities like this don’t come often man Prospect in IB - Gen
+4 UBS execs looked like shit in their congressional testimony  Associate 2 in IB - Gen
+4 yeah, they didn’t answer any of the senator’s questions… Analyst 1 in IB - Cov
+4 I think it really depends on the coverage team. RBC Industrials / PU&I / M&A would be worth taking over JPM Small-Cap. Works at RBC Capital Markets
+4 Yeah but finance isn’t software engineering. I could teach an 18 year old high school grad how to do a job in IB or PE.  Associate 3 in PE - LBOs
+4 Duplicate msg Agent0
+4 Prospect in IB-M&APlease do not redeem! Analyst 1 in IB-M&A
+4 I imagine that is literally the team that says the phrases "MFS could have happened to anyone", "it won't happen again", and "look I swear he seemed like a stand-up guy" at least once a week.  Investment Analyst in HF - Other
+4 It's impossible to give the answer because it depends on you and your goals.  Asummers521
+4 The massively overbloated MBA girlie aso is so real and so much panic to deal with.  Analyst 2 in IB-M&A
+4 Tell your current team first, have 1-2 really good reasons why you want to move, I think having one about upward mobility or team structure without putting your current team down is solid and then another one about why you Agent0
+4 I did the MIM at LBS, now in PE. northbound
+4 Trust me bro, slavic girls age horribly. One of my mates married one 5 years ago and is depressed now.  Analyst 1 in IB-M&A
+4 This is an idealistic take that doesn't align with reality. Yes, everyone wants society to get better over time and for everyone to get a dividend of that incl future generations therealgekko
+4 While this is factually accurate, do people not realize this is AI? like it actually seems like the OP used a prompt "make it sound like AI" don't understand how it gets so many SBs Prospect in IB-M&A
+4 I've been using it to build tools that automate a bunch of accounting work. Also use it to respond to people who obviously use AI to write an email since I'm not going to put effort into responding to it. cragfar
+4 I learned a ton more in PE than I did in banking full stop. I think consensus view is if you want to prioritize learning PE > banking. Associate 1 in PE - LBOs
+4 UMiami Prospect in IB - Gen
+4 There is something called systematic gender discrimination - this also exists in a lot of other industries, like politics, engineering etc.Any industries which provide higher pay or have higher social status prefer males. chesssss
+4 Just another example of PE being one of the most retarded jobs a person can work (I work in PE). The traditional associate experience is straight up abuse and it’s stupid to pretend it’s anything but. Associate 1 in IB - Gen
+4 Sort of see it as either/or situation between desk analyst and IBD  Monkey.D.
+4 IsItREPE
+4 You seem to have some vendetta against BofA lol. Are you the guy who got passed up to head IB. All of your observations bear the most weight for a VP about to turn into a director or a ED about to make MD. Smoke Frog
+4 Pretty sure GPT’s training data for PE this is just WSO. We make a list → GPT learns the list → someone asks the question again → GPT returns the list. Incredible closed-loop knowledge economy. Analyst 1 in IB - Gen