Highest Ranked Comments In The Last Year

+2 Oil and gas CIMs get pretty big and are hard to slim down. 318g4pnzx
+2 We have one rather prolific borrower who always forgoes the buy-down, claiming he “doesn’t want to owe more later”. This is funny to me since his entire goal is always to maximize every last dollar of cash out. Non-Recourse
+2 Yeah but while the first job work is all gopher shit you need people in those seats to learn and develop. AI can handle the work but AI ain’t the future of the company/industry. credev99
+2 Tfym congrats on Wharton lmao as if it isn’t as prestigious as the other schools 😭 crazyplayer135
+2 Most pod shops have roughly the same limits which are soft draw at 1x your annual volatility, and hard draw at 1.5x  PM in HF - Other
+2 Managing Director in HF - OtherCompletely disagree. As a vista LP… Mephistopheles
+2 There’s an old phrase “no brown in town”  I think people used to say that for a different reason... Intern in IB - Gen
+2 Simple everyday outfit to get started. Not too dressy or casual. Can expand this over time. Analyst 1 in IB - Gen
+2 Hasn't this been asked.... 1,000,000x on WSO previously? Is your search bar broken buddy? VP in PE - LBOs
+2 . Analyst 2 in PE - Other
+2 I loved the in-depth OT examples Intern in IB - Gen
+2 T20 btw Intern in IB - Cov
+2 There is no chance a draft happens in this day and age. starwars1234
+2 There is no way boots on the ground will happen. That would be the most unpopular decision this administration could ever make.  starwars1234
+2 Touch grass kid. Your career literally hasn’t even started yet. devildog2067
+2 Do not do this futureanalyst4353
+2 I'm not an industrial guy but I looked at some comps, and you're certainly right, this is definitely a record for the books. Associate 3 in RE - Comm
+2 Northwestern has been cooked I think but someone fact check that Coastee
+2 They just changed it this year… it was quite unfortunate for those who signed under the impression that they would be paying the original 1.5x OT Intern in IB - Gen
+2 Whatever the impact we think will happen in the short or mid term, these tools cheapen some of our skillsets.  So, work on strengthening other skills such as: odog @digitalimmortality.com
+2 There are really two separate questions here that people are mixing together: jahrgang92
+2 I think the answer depends less on “independent sponsor vs. traditional PE” and more on whether the principals have actually built repeatable deal flow and investor trust before. jahrgang92
+2 It’s your issue that you’re in the office till 2 every day. If the others are bad they’re not going to get staffed that heavily anyway  Associate 2 in IB-M&A
+2 Would take GS/MS IBD. Return offer rates for credit at both BX and KKR have been consistently bad. Also more optionality with IBD.  Analyst 1 in RE - Comm
+2 I think my firm already finished recruiting, so apologies if I’m replying too late. Only real advice would be to check your degree audit and see when you’re tracking to graduate. Analyst 2 in IB - Cov
+2 UNC had 16 people place in JPM this cycle Intern in IB-M&A
+2 Levfin Prospect in IB - Cov
+2 Congrats btw. I’d honestly say that if you’re confident you can successfully recruit for FT M&A/Coverage positions then take the EB ECM. CuriousGeorge1024
+2 There is a very broad spectrum of independent sponsor shops ranging from those that are very legit with a handful of deals completed and perhaps some solid exits who just really like the deal-by-deal fundraising to max eco VP in PE - LBOs
+2 "EPS to share price framework". Good luck, son. MMPM
+2 If you’re willing to take a huge prestige/pay/title cut relative to IB, you could look for roles at business brokerages. Analyst 2 in IB - Cov
+2 If you aren’t saving/investing an overwhelming majority of it you belong in either preschool or the psych ward VP in PE - LBOs
+2 Tufts did rly well this cycle Prospect in IB-M&A
+2 Pouring one out 😭 Associate 1 in IB - Cov
+2 So your conclusion is that performing/DL seats do terrible work because of one sector specific outcome that was driven by a generational development of technology by a handful of scaled startups that only a few % of the pe Investment Analyst in HF - Event
+2 Two year guarantees for VPs are not happening in this market  high hopes
+2 Miami, Rutgers, Lehigh, BU. Never seen consistant placements from those schools till now  Intern in IB - Cov
+2 Can't hurt. It won't really increase your chances of anything. If anything, would recommend something else that you enjoy (whether that be poli sci or psych or something of the sort). Prospect in IB-M&A
+2 I don’t agree with this at all. WeTtEr
+2 Echo your analogy with the pre crisis banks, RH has definitely voiced that’s what he’s modelling Jef after, coming from Drexel himself  erroraltf4
+2 Go deeper first. Every new asset means more fixed costs to clear before profitability, and your are likely just scratching the surface of what is possible in fixed income / futures. PM in HF - Other
+2 UTD IB9000
+2 Don't do MOE , shit culture and subpar deal quality. Exits are not everything. EVR MP / CVP MP better shops overall no question. Not sure about LAZ SF Analyst 1 in IB - Gen
+2 Given housing is being covered you could easily max your 401k (usually $23.5k) in addition to putting $7k away in an IRA. Beyond that you could tap into an HSA, wouldn’t hurt, I personally direct funds there currently. fdclp
+2 Prestige doesn’t mean anything after your first 2 years of employment imo liquidiot
+2 Thank you so much for doing this. I’m very interested in the infrastructure and energy space and have recently started learning more about project finance as well. jubileecnext
+2 Pro tip from someone who went to school here: newtown_creek_superfund
+2 If it's WF, things are supposed to change in the near future to allow more risk? Regardless, would recommend networking anyways, especially if you know the desk is expanding (check online job postings). Prospect in S&T - FI
+2 lazard is not going down, u just see evr hiring 100+ ppl a year now. chances are if u arent in RX at PJT/EVR or GS TMT/MS M&A or some other top group, MF PE is gonna be a tough hill to climb. Intern in HF - EquityHedge
+2 Del anonmonkey025
+2 Exits: Evercore (PJT still great and the gap is getting smaller). Experience: PJT (can't comment on Evercore, haven't started yet) Just choose what u want Intern in HF - EquityHedge
+2 Deals closed: 0; deals closing within 30-45 days: 1 (barring unforeseen circumstances) cristiano_ronaldo7
+2 PSC Tech (DBO) cracked ... no brainer Joe2024
+2 That guys bullshitting Know from some people on the team that it’s not sent out yet. Analyst 1 in IB-M&A
+2 Agreed. I’m leaving and honestly have no hate towards the bank, but you can’t pay me sub 100k bonus. Is what it is Works at Bank of America Merrill Lynch
+2 It’s really a shame that a bank with this strong of a  brand and deal flow pays this badly. It’s puzzling how they are choosing to run their investment bank.  RBOB_squarepants
+2 I think you are one of the unique people who could actually get some benefit from a communications major Paul_Owen
+2 Yup - my VPs in banking were mostly idiots. Good opportunity to practice navigating politics VP in PE - Other
+2 I also did not get a proper IB SA offer, but managed to get an FT offer in Ldn. FT is a crapshoot and the stars had to align for me to get the offer I did. Had I not got it, I would have been screwed.  professional.form.filler
+2 I used to spend 5-10 minutes on every email I sent out with personalized connections and everything. Guess what, out of 100 emails, I probably got 3 replies. Prospect in IB - Gen
+2 I come from a very similar background to what you mentioned. I went to a mediocre public high school, played sports, dated girls, and just goofed off. Associate 2 in IB - Cov
+2 Blair has one of the tightest-knit junior banker cultures I’ve seen anywhere. Pretty much everyone is friends and many are close outside of work as well. A lot of it is trauma bonding though. Analyst 1 in IB - Cov
+2 Guess you are a quant? therealgekko
+2 Penn State is for sure building off the success of last year, amazing to see. Mostly down to Leveraged Lion Capital.  Intern in IB-M&A
+2 The middle market platform overall Analyst 1 in IB - Gen
+2 Canadian working in the U.S. here. I hear your concern over visa sponsorship. I went through 4 super days (flew in) at MFs and nothing materialized. Associate 1 in PE - Other
+2 10/10 agree, Floored is amazing 221111
+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 This is correct. A lot of people just would not work as hard if the fruits of their hard labor couldn't apply then to their kids (i.e. passing it on to their next generation). therealgekko
+2 When I was a college student I would have said IB but knowing what I know now and the moves Eldridge is making I would 100% take Eldridge  Analyst 1 in PE - LBOs
+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 Anonymous Monkey: Is it a permanent shift or will things see a return to normal KageSelly
+2 Tried emailing their VP. Got an auto reply that he is OOO on Spring Holiday from Feb 1-Apr 30. Maybe I can catch him before he goes on Summer Holiday on May 2nd lucien_de_montclair
+2 WF, JEFF, GUGG lol Associate 1 in IB-M&A
+2 Tough beat Assistant in Other
+2 This is surely rage bait… but I’ll bite. Could be legally “enforceable” in a vacuum but commercial issues abound - would result in the associate and probably you getting fired if ever discovered by the firm. Associate 3 in IB - Cov
+2 There is a balance to everything. I'm a white American and have lived and worked in China. While there are great things about their culture, especially around family, there are also drawbacks. kiltedlowlander
+2 If you're aiming for "not difficult" 10-12% returns under your "consevative/risk averse" approach, you're simply not aware of how tight the stop losses and volatility constraints are at a MM. MMPM
+2 Great comment and very true. Manager in CorpFin
+2 Director in RE - Comm himurakent
+2 I'm not sure why you got MS for this but to be fair there are dozens of posts about the same topic. Count WACCula
+2 they love to increase shareholder value by sending their analysts to the hospital Incoming Analyst in IB - Cov
+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 AI will definitely be taking analyst jobs. AI improvement is 80%-95% of the work. So instead of wanting 10 analysts, you hire 2-4. nanometers
+2 Was in the same position. Funnily enough I called up one of my contacts at the bank and they told me to reneg and it’ll be fine lol. Banks will fire you the day before your bonus to screw you over. rockyrates
+2 Are you suggesting investors pick apart fund performance to exclude bad deals? Bc that’s generally not what they do. What are some big distressed wins they’ve pulled off? I don’t think I’ve ever heard of one. Principal in PE - LBOs
+2 Yes. Definitely do it. I did exactly this and it helped me get into PE from a non target.  Principal in PE - LBOs
+2 Stockholm syndrome corporate victim worshipping the materialistic rat race just to pay taxes to pedophiles and Israel  vs.  GS under Blankfein
+2 Smart guys. We almost did something programmatic with them a few years back. They focus solely on structured capital (pref and whole loans). maverick77
+2 There are like 5 women in rx bro Intern in IB - Gen
+2 Spelling error “believing” — please fix. Bump_monkey
+2 Dude, idk what medication you need to be on, but I hope you get some soon. For the record, I’m a black American, so my NYC vs UAE comparison is my own lived experience. Associate 2 in PE - LBOs
+2 Just a couple placements. Saying them would 100% expose me and I can't be caught in public making that list so I can't say lol. Intern in IB - Gen
+2 Interesting degenerate discussion. GS under Blankfein
+2 That's not really how it works... overandout
+2 didn't do FI/credit to properly opine on what roles you should pick in this area, but think where you want to end up long-term and work it backwards from there GS under Blankfein
+2 Here I am someone with similar situation as you. Except I was the opposite of the spectrum… I didn’t work until 27, was travelling and spending time with elder family members back in home country. Investment Analyst in IB-M&A
+2 Don’t really get why they’re so “cooked” at their jobs. Yes the article and participating in it is corny. But they barely mention their employers nor say anything negative Associate 2 in PE - Other
+2 The billionaire founder of one of the big mutual fund shops came to my university once to give a talk. mullah123
+2 My alma mater has been killing it! Go gators 🐊 Analyst0910