Highest Ranked Comments In The Last Year

+3 Unfortunately, not really, I've only worked with one client so far on a 2-year-long job. They're also a developer breaking into NYC, not an established one here. nyconstruct1368
+3 Limited interaction, but the two or three people I met both seemed very smart but arrogant. Consultants who seemed more focused on showing how smart they were rather than executing deals. CoffeeBong
+3 Stop being a wanker would be my advice  Batrick-Pateman
+3 2yrs ago I got my SA offer in May despite having failed in 4 prior processes. don't be sad and gay, keep going equitymuncher
+3 Take whatever you want whenever you want. I hate this autistic mindset that people think they are doing the lords work and are in seal team 6 and can never leave their desks. Associate 1 in PE - Growth
+3 Think target schools (Harvard/Stanford/Wharton/IU Kelley) Associate 1 in Acct - Other
+3 Congrats on iu kelley bobobob12882
+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 A wild turn of events - Partner at a new fund that ended up growing like a weed; skipped a few levels and love where I ended up. Life is weird sometimes.  Edging_Happiness
+3 AlphaforDayz Themaster441
+3 If your long-term goal is IB, I’d strongly lean toward staying in the IB role. Adrian.
+3 That’s part of the problem. Use your brain instead.  IsItREPE
+3 Bruh you should just report to jail now and pepper your angus Principal in HF - Event
+3 This is one of the most insane takes in WSO, which is saying a lot. VP in PE - LBOs
+3 ASO3 -> VP1CoverageSantanderBase: 225  -> 275Bonus: 285 boobyblow69
+3 Just put the fries in the bag bro Frodo_Walks
+3 Dear Incoming Interns, Analyst 1 in IB - Gen
+3 What an incredibly weird thing to say. And also doesn't make sense, spending 85 hours a week in an office for banking does not maximize your social life obviously. yopierre
+3 Of course finance isn't a meritocracy.  That isn't news, except to WSO chuds who want to pretend like the real villains are DEI hires. Ozymandia
+3 This will all vary from bank to bank I would imagine, but I can give some insight for the place that I'm at. bondmonkey111
+3 Speaking as someone who started out in Corp Dev, did PE for 5 years, then left because I hated it - unless the PE fund is a UMM/MF and you REALLY want to do PE (which you haven't really articulated why you want it PrivateTechquity 🚀🚀🚀
+3 I certainly think an understanding of grid topology and constraints, along with more fundamental knowledge about the workings of a given rto (knowing and understanding the OATT, OA, and various manuals for PJM, for example ekt.402
+3 I agree Rosenbaum and Pearl is a great pick—especially for understanding valuation and the deal side of finance. DerivativesRiskEducation
+3 They reach out to people all the time. Doesn’t mean anything investor45
+3 Jesus Christ, the prospects on WSO are the most insecure prestige obsessed people in the world. Why does everything you do have to be influenced and justified by what others think? Associate 2 in PE - LBOs
+3 But how is that different from starting with a template model? Associate 1 in PE - LBOs
+3 DEI complaints are just a microcosm of today’s failed culture: mediocre people blaming someone else for their own failures. DEIty
+3 Latest fund (2022 vintage) is currently marked at a -13.77% IRR and is fourth quartile, the fund before that (2020 vintage) is marked at 9.65% IRR and is third quartile as per pitchbook. Analyst 1 in IB - Gen
+3 There is also an element where the people who had no choice were probably more willing to put in some of the less pleasant work. Ozymandia
+3 Should've mentioned yotalks or keenanrmalloy wetfartlover
+3 They aren’t even willing to stay in the office for long hours… half the women left at 5 pm at my bank to “WFH”. Analyst 2 in IB - Cov
+3 Would def be worth it. FinanceDudeBro
+3 Margin of alpha is known to be a scam. AVOID Intern in IB - ECM
+3 Let’s be honest. MBA had nothing to do with them being dumb. I don’t know where to even start. Associate 2 in IB - Cov
+3 At a larger UMM fund and helped do some admin work around off-cycle recruiting, so can give some direct color. Associate 1 in PE - LBOs
+3 Both the ones you linked are gay johnnypython
+3 I would agree with almost everything here. Analyst 3+ in Private Credit
+3 I think its only a matter of time when reg frameworks start catching up. M&A market will be crowded with the same templates and analysis where new ways of evaluating, selling, and investing in businesses will emerge. Associate 2 in IB - Cov
+3 Margin of alpha is known to be a complete scam. AVOID at all costs. I bought it and half the answers were wrong.  Intern in IB - ECM
+3 Here’s the take on MSU - In short, Michigan State’s reputation in high finance remains extremely limited. Bump_monkey
+3 Deal fee breakdown: JPM: 48.03 GS: 48.03 Acquiror Advisors: Wells Fargo: 24.45 BofA: 24.45 Lazard: 28.25 VP in IB - Gen
+3 Why worry about what other people are or aren't doing? You're a grown man/woman. you handle your own shit and the shit of people closest to you.  usernameladiesman217
+3 If your long-term goal is S&T—especially in commodities—then the small physical ag trading firm could be a hidden gem. DerivativesRiskEducation
+3 If I was sitting on a pile of money at the moment, I would want to buy core plus assets significantly below replacement cost in overbuilt growth markets. CRE
+3 Of those two - Lucky, in a different style/color would be my pick. Addinator
+3 How bad? Do you know anything about M&A and why so many people have left that team? peterw32
+3 All firms are one and done if you get to the interview stage. No chance they’ll spend more time on someone previously rejected, just not a good use of time whether it’s fair or not.  VP in PE - LBOs
+3 In short, Michigan State’s reputation in high finance remains extremely limited. Bump_monkey
+3 . greaterworld223
+3 I really don’t understand why anyone would mention early retirement and living in NYC in the same sentence. If you don’t have to work anymore and your best idea of where to live in NYC I literally feel sorry for you. KR8000
+3 margin of alpha is known to be a complete scam. AVOID.  Intern in IB - ECM
+3 On my S&T summer knowing Python was a big edge for sure. Analyst 1 in S&T - FI
+3 u guys have too much time Intern in IB-M&A
+3 I utilize the DuPont approach to win any negotiation. Prospect in HF - EquityHedge
+3 Marginofalpha is a known scam. I bought their website and half the answers were wrong. Avoid Intern in IB - ECM
+3 I did SA MBA last year and at my school women got verbal offers prior to interviews and had team dinners before the first rounds on campus. PM in S&T - Comm
+3 Any interest in MBA? This would be a good story for adcoms if you're interested in any non-IB MBA exits (PE not likely since you won't have prior PE experience) Associate 3 in IB-M&A
+3 Good joke. I'm an ex-MF PE associate now at a UMM firm as a VP, and can say for sure the associate experience here is way better for learning than MF. VP in PE - LBOs
+3 I mean, that's not true.  Every banker has a P&L, and manages risk, which gets tracked and has funds applied via stress loss. Ozymandia
+3 The worst comment I've potentially ever read. Is your career the only thing you derive satisfaction from in life. You can't possibly find anything else to bring you joy? fixedincomeregard
+3 Not market but enforceability depends on the state and contract. Associate 3 in IB-M&A
+3 Best staffing model is PTO. Associate 2 in IB - Cov
+3 To get a head start on securing an internship in consulting or investment banking, here’s a roadmap based on the most helpful WSO content: Analyst 1 in IB - Cov
+3 By 'shown' I mean in-person networking events, coffee chats, or HH directly asking me about the firm. hc8765
+3 No…the part that made me / continues to make me uncomfortable is inexperienced junior commenters who have little / no industry experience spewing nonsensical comments as if they are facts. Anonymous Monkey
+3 Strategy Coach_JDGFinnesseGodThanks for doing this! A few questions... Strategy Coach_JDG
+3 I didn’t even do a practice interview this year, and I’ve already secured my first offer from a bulge bracket bank in London for next summer—coming from a non-target background. Ali_TRN_LDN
+3 You have dropped your irony detecting spoon. here you go, alloo2
+3 Lots of productive studying will get done between 2-5 I’m sure. Analyst 1 in IB - CB
+3 Crabs in a bucket mentality, but agree that women are given lighter workloads. Going home at 10 pm is a problem, and going home at 2 am is also a problem. weezyfbaby
+3 I wuz being deadass and all I get is clavicular references... Analyst 1 in IB-M&A
+3 Whether you should reach out to random associates on your own representing the firm is an ABSOLUTE NO. Good way to get yourself blown up. NoEquityResearch
+3 Def less than 20% Varies depending on fund size but I doubt more then 5% of associates end up making partner Works at Barclays
+3 Feel like this has happened to most of the fast food chains I grew up with. Balance.of.Payments
+3 Margin Call is probably the most realistic movie as it pertains to the ethical/unethical side of finance, and I think a pretty realistic depiction of the rationale of banks, albeit in an unrealistic time window(The events Substack_Guy
+3 I mean if you can get what you want elsewhere leave. Your MDs got paid out so they don’t care as much this is common post m&a. Just start recruiting and leave at 5 pm like everyone else if no one cares. VP in PE - Other
+3 I have sat in UW chair at both corporate (super regional with a capital markets team - not a CIB type shop) and commercial bank.  MidasMulligan
+3 I will be the first to say this as I don't think many others will be real with you - I think you need to open yourself up to other roles in strategic finance/corp dev etc.  Associate 2 in PE - LBOs
+3 Scotia or TD?? rolo25
+3 Would never say that bc it’s a weird thing to say — but I get at least 2-3 requests for coffee chats a week. Associate 3 in ER
+3 Not sure if this helps, but here’s my 2c as someone with 10+ yrs in the industry. CCE
+3 Sorry to hear this, it sounds rough. Quant in HF - Other
+3 Did something similar but not that early in the career. Can understand the thought process though especially when you are not desperately looking for a paying role! Objectively, 2 ways to go about it: Global Banker to Founder
+3 There's probably a high correlation between being a fund that has scaled rapidly over the past 5-6 years and having high software exposure. Analyst 1 in IB - Gen
+3 most of us are allowed to interface with clients and go to the occasional dinner / drinks / whatnot. Especially if it’s a leaner team. Analyst 1 in IB - Cov
+3 as-dfg-hjkYeah, it is because they are cheap and cannot say no. That is why they work harder. They are cheap and cannot afford to lose.  weezyfbaby
+3 Get out of that situation. Absolutely not worth it. Go to another firm with better culture. Leave IB entirely. You have infinite options. You are more than a shitty job. StJamesPark
+3 Yellow fever? IBD is a joke in Sing. Fee pool for SE Asia is a quarter of Australia and lower than South Africa  Managing Director in IB-M&A
+3 Nice ad for a website. I've seen it on at least 3 threats already Prospect in IB-M&A
+3 Works at Rothschildspecial shout out to FAPI (Five Arrows Principal Investments) as well Associate 2 in PE - LBOs
+3 Generally most career openings can be found in NY, LA, Chicago, Houston and Dallas, and it aligns with most RX consulting firms having bigger offices there. Associate 1 in Consulting
+3 I'd say do the interview, act enthusiastic, and find a reason (something a little credible which you learn during the interview) not to take the interview process forward. Count WACCula
+3 You’re going to get a really nasty case of the water poops. Make sure you tell your team in explicit detail about the molten slop that’s forcefully exiting your nether regions. Spicy Bagel
+3 1) Stop writing your posts with AI. This seems to be ChatGPT in particular. It is clearly writing fresh content, not translating poor English, so you clearly seem not to care about this that much Associate 2 in IB - Cov
+3 Hours in PE can be just as bad as an associate, with more pressure than being an analyst. There’s is also a lot of unglorious portco work to be done at all times. asdf1248
+3 ASU and it’s not even close Pro Veritate
+3 For most ES’ers, even the very few who pass Series exams AND execute corporate M&A, calling themself an investment banker is something like when a person has a heart attack on a plane and someone shouts for help from a Retired in PE - Other
+3 Update for anyone looking in the future: just got an offer at a top BB IBD nyc for next summer. Never give up and never lose faith in yourself. Intern in IB - Gen
+3 Honestly, it will be very challenging. 3.15 is a very low GPA and may not even make it past ATS for the firms that use it. Prospect in IB - Gen
+3 Yeah, it sucks right now for sure. I focus on multifamily but have been able to pivot into senior housing because I work at a diversified investment manager. VP in RE - Comm