Highest Ranked Comments In The Last Year

+2 The secret has been out for a while now, but PE BD at a good fund is the best job in this industry and I won’t be convinced otherwise. Maybe LO AM is a close second? VP in PE - LBOs
+2 Depends on the type of credit investing that you do. If more illiquid, draw-down and evergreen funds are much better suited vs. quarterly redemptions at a typical HF. relatively_levered_loans
+2 Yes, but it is much easier if you get closer to risk taking first. Pure sales in rates gives you market exposure and flow color, but macro funds want to see that you can express views, size trades, and live with PnL. Hanlon
+2 Hard to judge them yet because they are still early as a platform. Big AUM fast sounds impressive, but that can mean they raised well, not necessarily that the track record is proven. Hanlon
+2 Maybe you could ask uconn to selectively recognise only a few classes if thats even a thing. Also it might be wise to consider an integrated masters program to push your graduation date by a bit. Prospect in IB-M&A
+2 Aging parents held me back as well. They are, basically, stealing from your life so that they can enjoy the end of theirs. Where does that leave you when you’re their age? Associate 1 in IB-M&A
+2 Yea obviously I'm sure it can build more complex models later - I tried it and my firm use Claude. Associate 1 in PE - LBOs
+2 I think this guy wants you to PM him. He might have some colour on this WSoMonkey93
+2 #1 comp seems super low - $105k base and $15k in equity is laughable if this is NYC and you are getting underpaid by a lot. Associate 1 in IB - Cov
+2 Obviously the US franchise is a lot stronger; have heard the London office is a bit sweaty with more pitching and covering the LMM-MM. Analyst 1 in IB-M&A
+2 Solid bait. Associate Consultant in Consulting
+2 Bayo Ogunlesi Bobby Jain Eric Tokat Prakash Melwani Etc  Etc This is why the good firms sponsor any candidate who makes the cut Managing Director in IB-M&A
+2 Cash comp looks too high (how sure are you of your numbers?), carry at Inflexion is quoted assuming a 2.5x MoM multiple (instead of 2.0x standard) so effectively a 50% discount to other funds. Associate 2 in PE - LBOs
+2 If your goal is HF and public markets, PE is not required and can slow you down. You spend most of PE on process, not on generating trade ideas or following stocks, which is what HFs actually test. Hanlon
+2 That’s a fair assessment I’m in no way saying that owning a home is a bad investment in itself. nontrgetplz_
+2 Unless you're extremely type A, ultra motivated ambtious "love working every waking hour" of the day person (which I assume you're not from the nature of the question) - which is usually what you need to long term success Associate 1 in IB - Gen
+2 LAZ comp, exits and deal flow are top tier. Literally exits the same or better than EVR/PJT.  What kind of ridiculous question is this comparing a top EB to a mid-tier BB?  jewslayer1944
+2 enterprisevalued26: KageSelly
+2 PJT Rx comp for VPs is above your stated level. Only VP1 last year was at that level (range was at the high end of your range).  Intern in IB-M&A
+2 I would also agree with taking this role, especially in this job market. Some thoughts below: Analyst 2 in RE - Comm
+2 Nope, long gone. The entire team is gone, lol. Company never IPOed. They no longer even have a Corp Dev function.  Associate 3 in CorpDev
+2 Great reply here. OP. Why don’t you go to CBRE’s website, create a login, pick a listing and request data room access. Feel like that’s a good start. palm_beach_ll
+2 Helpful to hear everyone's anecdotes on here. The funny (and depressing) thing is that finance has been one of the least affected industries. Penguin2006
+2 A lot of sheep and risk averse people in the comments. Expected result when this website is flooded with Wall Street NPCs. Works at Barclays
+2 They haven't exited much of their portco. Clearly the LP's must see something in them and founder has very solid track record. Associate 1 in PE - LBOs
+2 Wow, Risk Solutions Group was crushing it - group head was clipping $7-10m  VP in IB - Gen
+2 Know dozen of top candidates who didn't apply HL RX at all because they aren't interested in RX Analyst 2 in IB-M&A
+2 . IB Intern in IB-RX
+2 All my car washes are used for money laundering, so sending a model would implicate you in the crime, sorry!  jarstar1
+2 People are busy and if the aren’t working they want to be with their families this time of year.  Associate 1 in IB - Cov
+2 Agree w/ you that some of these funds are definitely troubled, but I wouldn't purely look at the debt trading levels and assume the equity investment is similarly impaired. Principal in VC
+2 This is all good advice in theory but doesn’t work for T1 LOs… they’re fine hiring 2+2s out of MBAs, most of the lateral spots I saw get filled at my shop were filled with hyper competitive applicants with more than a deca Investment Analyst in HF - Event
+2 Good question — AM recruiting is a lot less transparent than IB, so the confusion is normal. kelvinmadris
+2 Based on observations/anecdotes, and to repeat above, entry-level positions are BY FAR the most impacted.   asmith_1
+2 Thanks for doing this, OP. I wanted to ask about my chances of breaking into a HF in a Quant role. I have a STEM degree (Chemistry) from the equivalent of an Ivy League in the UK. Associate 3 in CorpDev
+2 Copying from another thread but still applicable: Associate 1 in PE - LBOs
+2 Brand names are only valuable early/middle career if you plan on staying on the W-2 path. The more senior you get your actual experience and ability to close is more important than names on your resume.  jarstar1
+2 Alright guys...looks I struck a chord here. I explored a move to a CLO with an offer and spoke to several professionals who are senior analysts/PM who echo'd some of the views I've shared. VP in PE - Other
+2 Strange response Analyst 2 in PE - LBOs
+2 . N/A in PE - LBOs
+2 Thanks for your perspective. cp5670
+2 It's been a long time since I took mine, but I recall it being completely open book, you could literally just follow along with a guide while taking the exam to look up the answers to every single question. Ricky Sargulesh
+2 I was in this situation last year and actually passed all the interviews and am currently working full time at MBB, so it can be done. My thoughts Summer Associate in Consulting
+2 Well I didn’t get a first then  carlbooss
+2 Perhaps, but stocks are priced very efficiently. Might take a long while for them to get back to where they were to end 2024.  Associate 3 in IB-M&A
+2 Blair without a doubt Associate 1 in IB-M&A
+2 I know my bank and a few other BBs are not doing FT recruiting, period. Have heard lots of complaints both in my group and from other fellow analysts across the street that interns they liked aren't getting returns. Analyst 2 in IB - Gen
+2 If you went to RSM you need it more tbh Associate 1 in ER
+2 Are you a junior in the group?  notimportantnick5
+2 WF is paradise Intern in IB - Gen
+2 Compared to their MiM yes. The cohort is much lower quality in the essec mif so the outcomes are evidently mediocre... For Paris it can be okay but for London definitely not.  thib56
+2 Competes with the big dogs in FIG, recently won a bake-off against Wells Anchorage branch so you know they are legit. Intern in IB - Cov
+2 That’s actually very close to how I’m thinking about it. Anonymous Monkey
+2 To be honest, I've seen people continue photography, art, and history on the side as a hobby—often on a much larger scale than a casual hobbyist, because a finance career eventually removes any real financial constraints. missingrayquaza
+2 I negotiated my senior associate comp at a new fund, and successfully negotiated a pay raise above what others at my level were getting at the associate level at my prior established fund.  Associate 2 in PE - LBOs
+2 Yeah, I'd figured I was likely uninformed about most of the context, that's why I edited it out. I am not a finance professional yet, after all. missingrayquaza
+2 My friend is an AS1 at PWP cleared $400K. Mid bucket. Associate 2 in PE - LBOs
+2 Why not stay a bit longer and prove revenue? missingrayquaza
+2 HL RX is clear #3 and leagues better than LAZ/PWP RX PJTesus
+2 Also in a similar position / have similar views on each of the typical post MF PE paths. Happy to DM but think might be helpful to share any thoughts publicly as well for everyone’s benefit  Associate 1 in PE - LBOs
+2 6:30/7 so I can expense my dinner Analyst 1 in IB - Gen
+2 Have anecdotally heard PPMs post ZIRP have been struggling a ton. Agreed on physician attrition. My best friend's parent is a physician and chose to liquidate all their equity (I get the sense it was at least $1M+). Business School in CorpStrat
+2 Obligatory congrats on Wells Fargo. MBA_Moron
+2 Yeah I'm not reading all that JulianRobertson
+2 Found the Argentine peso guy MindYourOwnBiz
+2 Hec is an easy choice. It's a cohort of like 50 top tier students. LBS is closer to 300 now so the outcomes are a bit mixed. Brag680
+2 I don't think there is any direct answer to this. Most likely you will go into banking then PE or something of the sort and then have to go business school. Prospect in IB-M&A
+2 which is an insanely basic mistake for someone critiquing the OP's data and conclusions lol Associate 2 in IB-M&A
+2 These LTM numbers from The Deal are completely different. rolo25
+2 Mostly agree, except... PaulAllenIsInLondon
+2 "Dunking" has completely eroded our society's ability to engage in substantive ideas.  StJamesPark
+2 All these kids did was pose for photoshoots and answer basic, non-controversial interview questions.  How is that a fire-able offense?  Mandatory fuck HR Soros_
+2 Nahhh what. Roeschlaub Firestone is the GOAT desk in NYC yieldondih
+2 Idk if you just work for a shit bank or something but software M&A volume has been hot. We aren’t in the business of selling MM PE shitcos. If your at some garbage MM bank then maybe your career is over. Analyst 1 in IB - Cov
+2 NYU non-stern people are non-competitors though, its not a good school. So you can say the pool from which NYU students get hired from is 700 Stern + maybe the top 400 from the rest of NYU. ~1,100. rooseveltfan
+2 jeff at the bottom lol Analyst 1 in IB - Cov
+2 Doctor is a highly paid specialization. As you get older, you’re gonna be shocked how many finance professionals marry poorly. Smoke Frog
+2 Former PM ($1B AUM) here. The jump is possible, but your title is your enemy. Yes, PE professionals make the jump, but it's significantly harder at the VP level than the Associate level. stockpitchlab
+2 My long-term goal is credit research, preferably buy-side, but I’m not oblivious to the fact that this is not a very smooth transition and that there is a massive gap in terms of the knowledge/skills/experience required fo Rizz-Management
+2 Where is Mandami? This can’t be happening in Mandamis NYC Analyst 2 in IB - Gen
+2 Zegna has some good, durable fabrics that last a while, even with heavily travel and use. A little pricey but you can get good deals if you shop around at department stores (I got mine for ~$1.5k or so).  JamesGourmand
+2 Fuck California come to NYC like a real man KageSelly
+2 Ignore title, 5 YOE at MMHF and will make $3.5 million this year Analyst 2 in IB - Gen
+2 Former PM ($1B AUM) at a long-only shop here. The MBA question is a distraction. Some LOs use it as a checkbox, but most care more about whether you can demonstrate investor judgment. stockpitchlab
+2 This is one perspective. The other is that Corp Strategy is actually an incredible exit.  Associate 3 in CorpDev
+2 It's 1998 kid, the party's just getting started nooneinparticular
+2 If you are coming from a decent banking + private equity background (somewhat recognizable names and not some bucket shop), you should have NO problems getting interviews with hedge funds. Investment Analyst in HF - EquityHedge
+2 Good deflection but still won’t change the fact that prime beneficiaries of DEI are white women. Freeloading white Beckies.  VP in IB - Gen
+2 Stockholm syndrome corporate victim worshipping the materialistic rat race just to pay taxes to pedophiles and Israel  vs.  GS under Blankfein
+2 Can't wait for people to find a new topic to be upset about when they find out that they're still unable to get into Goldman Sharky286
+2 Pokemon MasterWhat about removing one more 0? $4.5 million would be like being the “poorest rich person in America. The world’s tallest dwarf.” CRE
+2 spending nearly 3k is crazy, you can get a 1 bed across the E14 postcode for under 2k. Associate 1 in IB - Gen
+2 There are like 5 women in rx bro Intern in IB - Gen
+2 What does this dynamic mean for PE writ large? throw-away-account1
+2 Above replies are good, but the real best thing you should do is make as many relationships as you can. Research Associate in AM - FI
+2 brosephstalin: Analyst 2 in RE - Comm
+2 Search around on here as there are plenty of posts on the topic and all of those are highly variable depending on the seat. VP in PE - LBOs
+2 “Perhaps by intention…” is powerful. I wonder if these hours are indeed put in place by the executives with literally 10,000x the wealth of most of us… but for what purpose? itoolikepeanuts
+2 Hi I have an offer from Teneo and MSc Finance at Imperial. What do you think I should go with. Asomeken12345
+2 It's a little late but, Prospect in Research - FI