Highest Ranked Comments In The Last Year

+3 Citi has a much stronger presence across the board and a clear direction of travel under Jane and Vis. BofA is a bit lost at the moment and hasn’t been able to build up their franchise over the past years. Managing Director in IB - Cov
+3 No I would say GTown > UMich > UVA. This is coming from a Wolverine. But, private schools are better for recruiting imo. But honestly it’s not marginally different, you can do well at all of those 3 schools geonome
+3 Your question doesnt make sense, I'll break it down for you. monaco_monkey
+3 I watched a documentary about a guy who works in Big Law and did not even have a degree, and he lied about having graduated from Harvard because the firm that recruited him only hired graduates of this school. boris.greben
+3 Why hire internationally when they can hire in America? Jeet fatigue Anonymous Monkey
+3 NGMI, there's no saving someone like you lol. WSO keeps moving the goal post. When ChatGPT was released a few years ago, it was "oh this is cool but it can't even explain accounting questions properly". WestPeaker69
+3 Previously at Jeff reib. Lateralled to a MM REPE and then to a MF REPE. olamiemie
+3 . Mike Jordan
+3 The risk is that it’s a very different business from what most people here think of as commercial real estate. Your skillset will not necessarily transfer, nor will it transfer back. CEO in RE - Comm
+3 I have had conversations with current/previous employees. Exits to other investing roles are rare, typically employees move to operations/strategic roles in their portcos. Analyst 1 in IB-M&A
+3 This is a terrible mindset and how you get hated on in the workplace and in life. You just weren’t good enough to get into an Ivy and that’s completely fine. Associate 2 in PE - Other
+3 I imagine this would only work at a small firm where you're critical in a portco, major sale, etc. Otherwise, I'm not sure they have much incentive to keep you around. StrategyJunkie
+3 Advanced degree types (PhD, MD, etc.) often get into sell-side ER in SMID coverage with very little prior finance experience. luciferiangfp
+3 Disagree with this. LSE Econ > UCL Econ == Imperial EFDS > Warwick MORSE > Warwick Econ. [email protected]
+3 If the end game of AI is substantial white collar workforce unemployment, it probably means less homeownership, excluding those that inherited largely paid off real estate from boomer parents, perhaps more rent growth in t SwansonOrSamsonsite
+3 Agree. The comment above is also correct regarding large managers with distressed/opportunistic and CLO platforms. There are many examples were "distressed" positions are originally purchased near par for their CLOs. Associate 1 in IB - Gen
+3 Of course - had this realization around the same time I hit my $ invested target and "secured" my retirement. Left the industry as an Associate for a cushy remote gig working 30 hours a week. Associate 1 in IB-M&A
+3 ok boomer Associate 1 in IB - CB
+3 Be my guest. I think the market would be pricing industrial software names differently if those heavy asset tailwinds were going to help a few software biz that much. VP in PE - LBOs
+3 If I were in your shoes, I'd aim for path 2. Based on how the market is right now, it's best to be wherever your network is strongest. Associate 3 in RE - Comm
+3 Love the enthusiasm! You could start tracking a few companies and share your thoughts — that’s always a great way to build your skills. Anonymous Monkey
+3 Happy to pass along our track record to anybody who's curious, just email me.  Would dsitribute to a wider audience but for compliance issues. jeffreykarsh
+3 Prob a IB AN1 working on a sellside for HIG and getting absolutely dicked down Analyst 1 in IB - Gen
+3 What is something (project/skill/understanding) that I can do right now during my 2nd year of college that would help me land an internship or job in ER/AM? Anonymous Monkey
+3 I actually started with more of a traditional finance route, which is not too unusual from my experience. Quant in PropTrad
+3 I'm under 40, but definitely well over 30. Deo et Patriae
+3 I speak from the perspective of a current infra guy who did corporate buyout and repe for the past 5 years, so hopefully it gives a bit of perspective to your gloomy RE take. olamiemie
+3 1. Retrospectively, what would you have done differently during your years as an analyst? Anonymous Monkey
+3 One of the firm’s key advantages in developing junior talent is not simply positioning analysts for megafund exits, but enabling them to grow within through the account-based staffing model. Associate 3 in IB - Gen
+3 I’d honestly go with Option 2, but use it as a stepping stone rather than the final destination. Kevin W.
+3 It's FT offer in hand vs chance to interview (not even like you already have the internship offer)... Analyst 1 in PE - Other
+3 TMT had pretty bad ROs last cycle. Deal flow wasn’t dead, but it wasn’t good either. I think the bank is really trying to figure it out but I would caution against it. Assistant in Legal
+3 In a very similar position - cut 2/3months ago and rerecruiting now. Getting 2 offers rescinded is genuinely brutal and honestly I have the most sympathy for you in that respect. Analyst 2 in IB - Cov
+3 Not that anyone's asking, but I'd say out of all the shows that portray a specific industry (Suits, Billions, etc.) Silicon Valley was probably the most accurate. Determined
+3 These are the kids that get to talk to managing partners at major HFs, holy fuck John.Sa.
+3 I can take a stab, BUT please feel free to correct me if I don’t have the right mentality. tentwothree
+3 Congrats on UBS! Analyst 2 in IB - Cov
+3 Based on the grammar here, your staffer might be on to something Amazon Prime
+3 Ignore title. I'm thinking about this too. I'm at a non Tier 1, couple hundred million AUM Seed/A VC. Aka no-mans land these days. Associate 1 in PE - Other
+3 You are right that some of this seems basic i.e time is running out. As a young man, I also understood that time is running out. NoEquityResearch
+3 x Works at BMO Capital Markets
+3 I’m a career switcher from big 4 audit to acquisitions at a large fund. Very common background. My accounting knowledge has been invaluable to my general business sense in all facets of my career. Investment Analyst in RE - Comm
+3 The only retard is YOU reading this from the UBS bullpen Prospect in IB - Cov
+3 Planning to give my notice after this year's bonus. VP in PE - LBOs
+3 Agree. To be successful in the HF business you have to be wildly interested in the work and have a very high risk tolerance. Principal in PE - LBOs
+3 Possible although unlikely. It's all about getting quality rotations. Would agree strategic finance, capital markets, corp dev, venture funds are rotations that could open doors to exits. Business School in CorpStrat
+3 ive been saying this for years to juniors. ib is now a corporate job. opulence got shafted by regulation and dei killed prestige. what you're left with a a standard corporate job with too many hours fuku
+3 Kind of untrue. Distessed credit has had some of its best years in a while in 23/4/5. Bunch of funds that have done well over 25%-40% annualized (gross of fees) from 23 to now. Managing Director in HF - Other
+3 High pay and name brand prestige As investors? Their results are a joke The Penguin
+3 Analyst 2 in IB - Gen TechBanking
+3 For a lot of these guys the risk is going to be the ability to put capital out at scale and hit the returns they promised investors. Analyst 1 in RE - Comm
+3 Analyst 1 in IB-M&Ahow much are you willing to pay for just a guy to connect you with another guy  Managing Director in IB-M&A
+3 Go to Thailand or Medellin  Analyst 2 in IB - Cov
+3 You’re saying more basic stuff tbh. VP in PE - Other
+3 Haha really? I analyze businesses for a living covering 30-40 stocks at any one time and am marked to market every day on it, with a clear assessment on my 18mo track record. therealgekko
+3 Know 2 people who have worked there - both are incompetent  high hopes
+3 Would be cautious personally. They seem to have some decent exposure to clean energy / energy transition, but from what I’ve heard the platform is pretty small and deal flow can be quite inconsistent. porcorocco
+3 You realize AI is a tool right? And there is skill in getting it to produce what you want. There is a ton of prompting, guardrails, evals, context gathering required to get it to do what you want. kuf135
+3 I don't work in this space nor in HFs, though I do enjoy "value investing", or maybe more correctly, fundamentals-based investing, as a hobby, so take this with grain of salt. TheFunkyMunky
+3 I mean the reality is you need to make the pie bigger to get a slice and the tailwinds that did that regardless are gone so yes it’s way tougher than in the past. Works at Goldman Sachs
+3 No, this is very serious business. OP, it was over from the moment you accepted that letter of admission. jchi
+3 is there a disparity between how Americans and H1Bs are treated internally? ihaventbeenoutsideinsolong
+3 What are mentorship opportunities like as an analyst?  Analyst 1 in IB - Cov
+3 Less than what they want and more than what they deserve Investment Analyst in PE - LBOs
+3 I dont know anything about the Toronto market, but you need to be networking as much as you possibly can. When I was doing my MSRE, I made coffee chats and networking events basically a part time job. Dev_WanaBe
+3 Anecdotally had a friend last year who was choosing between WF and Jef and took Jef, even though the Wells 5k signing bonus made him think lol. Intern in IB - Gen
+3 I am a VP in IB in NY and was offered a position in London for around 400k pounds all in. Associate 3 in IB-M&A
+3 Congrats on Mizuho!!! Intern in IB - Cov
+3 WITCH firms have a habit of giving long-term employees promotions over the more qualified candidates. Business School in CorpStrat
+3 Just don't include ur atar in ur resume lol it'll do more harm than good. HD WAM should be more then enough to pass the resume screening and past that then it's about how you perform in the interview. hungryeat389
+3 Totally possible. Interned in LMM PE and recruited FT to a MM in a top industry group (no return offer). If you have solid experience, you shouldn't worry about getting interviews.  Prospect in IB - Gen
+3 MS, JPM and BofA Incoming Analyst in IB - Cov
+3 I was accepted into JPM’s Commercial & Investment Bank Investment Banking Insights Program, which will be held in person at the New York City offices. cafetero1492
+3 Edhec is non target. For London the only French targets are Hec and escp  Associate 1 in ER
+3 Everyone else has good points and I don't want to bog people down with the same stuff. Intern in HF - EquityHedge
+3 I appreciate your passion and scrappiness. I'm not saying you haven't executed anything, but rather being an "ideas" person is largely useless in any start up setting. Determined
+3 QuiltEmerson
+3 wsobaby: Why this statement cannot apply to men? Are you saying that most male investors cannot be a father and having a great family?  dcn_blus
+3 I think that discount is deserved honestly. RE usually trades at or below NAV so you don't get the PE exit pop, and on top of that you've usually got stale marks because no one has written down their assets L3Y. kylejackson
+3 all the people I met from that firm are fat ape1234
+3 Congrats on Wharton and GS RevBuildRascal
+3 The eternal boomer  Prospect in IB - Gen
+3 Makes sense why someone from Asset Management - Equities would make broad high-level, dogmatic statements that lack any nuance. Where do you get your 5% from? Where do you get your 10% from? VP in PE - Other
+3 People here are not considering a crucial aspect which is the visa point. First of all you need to ask  yourself if you want to live in London or in Europe? Associate 1 in IB - Cov
+3 bump, anecdotally have heard great things of culture as of recent  Associate 2 in IB - Cov
+3 U got offers there already? IceCreamCake
+3 The hardest thing about physical commodity trading is that it's low headcount. There's a million grad jobs in finance, but only handful per city for physical commodities. Bankofblooby762
+3 I haven’t been in your exact situation, but I’ve seen several people around me make a similar move, and one thing stood out: the ones who were clear why they were taking the pay cut almost never regretted it. berndoy7
+3 Watch out. He will transfer internally to London / NYC and sabotage the whole team. Analyst 1 in IB-M&A
+3 Honestly go to UVA, much better quality of life there Intern in IB - Gen
+3 All this does is verify that the only important thing at the end of the day is the school. Grind your dicks off, kids. Associate 1 in PE - Other
+3 Sorry to derail conversation here. PeterEater
+3 Of course! At some point, you have to start living life for yourself, though. VP in IB - Cov
+3 This isn't just a factor-neutrality problem. COO in HF - RelVal
+3 What do you think they should get paid? I don't make comp decisions based on what people want, I make them based on market data.  Market data out there for T1 city with $50-$100M raised: Determined
+3 We're talking about MMs. I know I have hired plenty of analysts as a MMPM, and you have not. MMPM
+3 No idea where this misconception comes from that hours are more chill at MM. They are generally more sweaty if anything (I am at one of the aforementioned) Analyst 1 in IB-M&A
+3 I love when people at megafunds think that they're somehow God's gift to the world and they can jump from analyst to VP by going to a smaller firm.  Spoiler alert: that's not how it works VP in PE - LBOs
+3 Is this getting MS'd because of the 2nd half? In the first half he's spitting. Kinda spitting in the last bit too Analyst 1 in IB - Gen
+3 Applying to buyside roles via LinkedIn is pretty much a low-probability game. Kevin W.