Highest Ranked Comments In The Last Year

+2 I do think the exposure is good experience, although I'd temper that for the Big 4 given the necessity of studying for the ACA and the relatively thick hierarchy vs other firms bobmarley22
+2 Seeing a lot of hate on Oxbridge recently - chill, it is by far and away the absolute top dog without a shadow of a doubt  in the UK and Europe. First_Lien_Larry
+2 why infra, strengths & weaknesses, what verticals in infra does ISQ invest in, one ISQ's portfolio company, what made ISQ different/special in the infra PE space than other infra PEs. botanicsay
+2 I’ve not heard good things about it.  No bonuses for many traders still.  Canada office in total disarray with plan to shutter Calgary. oil_quant
+2 Read more and ask former Vista employees on Vista post 2021. Firms with high levels of voluntarily turnover are generally not great. Absolutely on the downtrend. VP in PE - LBOs
+2 OP was later robbed and stabbed in Hyde Park over the $5 in his wallet and a crispy chicken sandwich shortly after making this post PrivateTechquity 🚀🚀🚀
+2 Thanks Smoke Frog, what you've provided is exactly the type of feedback I'm looking for.  USNtoMBAtoUndecided
+2 And to answer your other question, if there are no good / cheap buying opportunities, then the “smart” investment decision is to simply not buy. Partner in RE - Comm
+2 You raise a fair point!  I considered the age scenario from my own perspective, that of the older subordinate, but didn't put much thought into how the younger superior would feel about it.   USNtoMBAtoUndecided
+2 Your comment makes no sense. I know multiple analysts at BofA who haven’t been able to close an M&A deal in their 2 years of work. So there’s no guarantee that you will have a better outcome here vs. RBC / Jeff. thunderbird_neo
+2 Gonna touch some grass for some of the people viewing this thread. Peg Leg
+2 Let's hear some EB numbers people Associate 1 in IB - Cov
+2 Similar situation, turned my life around after senior year and broke into top BB from a state school. corrido
+2 for anonymity will be vague. I’m in FICC, the main contributor to comp is having pnl attribution. I don’t think bank has been a relevant factor. I’d say this is on the higher end but isn’t “ crazy” Analyst 1 in S&T - FI
+2 I like those growth guys! The seats are few and far between, not that tech buyout ones aren't. My fav investors are Tidemark but I haven't seen them raise a new fund. VP in PE - LBOs
+2 Sounds like PWP - German bank Analyst 1 in IB-M&A
+2 You strike me as the kind of kid who breaks the coffee machine at the office because they couldn’t figure out how to use it on their own Prospect in IB - Cov
+2 To add to your point, I think the only true financial innovation we will be seeing now, will solely be coming from the big firms like HRT, Citadel, 2Sigma, etc. Matchabee
+2 Normally I would tell you that this is banking, it’s like the military. If you’re commanding officer is a fucking idiot, too bad. Smile and eat shit. Smoke Frog
+2 I think in general people kind of realize the MBA is more of a networking degree than an actual learning degree, and while people are also generally aware and EMBA is even more of a soft degreee than a traditional MBA, I h Smoke Frog
+2 I'm a former PE bro turned AI bro and just want to provide the data point that Freight Forwarding is one of the places where AI is actually working, full stop, some serious automation happening in certain places. Analyst 1 in IB-M&A
+2 AI slop ngmi Prospect in HF - Other
+2 … AnnonymousMonkey
+2 First, congrats on TPH! Second, OP are you from Texas? Lastly, an obligatory, "fak off, we're full", to anyone reading this post considering Houston - stay in NYC.  readthe10k
+2 Don't underestimate the need to ride out a rough stretch by pulling in some fees. jarstar1
+2 Tech is reasonable move. CPDDOUGH
+2 I didn't say there is more opportunity internationally than in the US. I don't know if that is true. shortponzilongresources
+2 feel free the blame the gen z but it is really all the seniors who are lame as fuck let’s be real - all flows from the top with these dweeby fat MDs - who are also feeling revenue pressure, cost of living pressure etc swe2ibd
+2 BARC to the moon, let’s go Venkat Murphy_1827
+2 this aged like milk ArcticFox_2029
+2 Analysts at C run carves/sleeves. Closer to a sub PM role at MLP. MLP and P72 both have analysts as the most junior position. So yes they’d get an analyst gig there. Analyst 2 in HF - EquityHedge
+2 thanks for the reply -  I believe the PM has a very bad reputation in the industry already (which I didn't know until after joining) and I have no intention of gossiping about them Research Analyst in HF - RelVal
+2 A boutique $2-10b fund has meaningful scale and can be an excellently profitable business (i.e. tens of millions in management fees, plus performance fees) but still has a wide investment universe. shortponzilongresources
+2 stick it out.  i tried to bail 4 months in to S&T but couldn't.  thank god.  20yrs later and it rules.   CPDDOUGH
+2 I'm convinced OP is David Orr. Principal in HF - Event
+2 Thanks for the detailed answer, helpful perspective. Anonymous Monkey
+2 Greystar is an exit opp. It’s one of the biggest names in real estate and arguably the biggest name in apartments.  CRE
+2 Very feasible to land West coast banking, and it's quite common to get East coast IB spots as well. Intern in IB-M&A
+2 I did a good job & asked my boss to advocate for me. It’s all about advocates and cheerleaders. You don’t need to be the best, you just need to be likeable and competent.  pudding
+2 Candidly I deal with it because my parents are very well off and I value my free time and flexibility more than salary.  Analyst 2 in IB-M&A
+2 Sounds like a helpful iteration. I am not going to tell you where to look or the viability of this, my only advice is iterate faster. PM in HF - Other
+2 Work is entirely capital markets based. Their main job is to yell at High Yield or TLB sales teams to sell the bond or loan. maestro_
+2 What specifically are you seeking insight on to help guide your decision? If you miss pitching large-caps and you prefer the culture/work of your EB gig, moving back is a reasonable idea. ShowMeDaMoney
+2 Unfortunately I think it’s also some of the stuff you see about younger generations drinking lesss etc. Im not sure if you find the culture elsewhere or if it’s just diminished in general … Barney_Stinson
+2 Fair but I can’t imagine old school bankers were chilling at 40 hour work weeks either Barney_Stinson
+2 has anyone heard back about a second round? Anonymous12123
+2 If it’s not good enough what are you gonna do? Lie about it? Probably good for Baird and the like   Prospect in IB - Gen
+2 There’s a high possibility this list is going to Ken. Commodity.Chimp
+2 Normally I'm all for this kind of stuff but let's be real. Associate 1 in PE - Other
+2 Ask whoever staffed you to rank the requests: "I have X due tonight and Y tomorrow. Which should move if this model is the priority?" That makes the trade-off visible without sounding defensive. LedgerShelf
+2 Come get their analyst?!? I am saving peoples careers here.  Analyst 1 in PE - LBOs
+2 . N/A in HF - Event
+2 Bump Other in HF - Event
+2 Bump Cadre
+2 Not sure I agree with this account on Jef. Have many close friends there as Analysts, and the reviews have generally been all negative. Analyst 1 in IB-M&A
+2 You bring up a great point, no I actually hate the job itself and its day to day and everyone involved. I do it for the money for sure.  Analyst 1 in IB - Cov
+2 the advice here is just to accept reality and get in really good shape but also just buy a nice car or something? This is eventually sort of where I came to on my own so I do appreciate the thoughts. Works at Citadel Investment Group
+2 So far my experience has been if PM wants, platform more than willing to support, they share documented processes for hiring and transferring candidates in each region. PM in HF - Other
+2 Yes it was helpful, and I hope I would not need "dozens of cycles" to become profitable. At least I work hard to avoid that. TheorPhysicist
+2 Your instinct is right: if the objective is an infrastructure project-finance break-in, targeted modeling practice will usually create more interview-ready evidence than rushing CFA Level I. yt_2
+2 These tests are usually less about a perfectly polished template and more about whether you can translate operating assumptions into cash available for debt service. yt_2
+2 For a simple debt-sizing framework, treat LTC and DSCR as separate caps on debt quantum, then take the lesser. yt_2
+2 The clean way to think about this is: yt_2
+2 I'm also very curious on JEF London exits to UMM/MF PE (particularly their LevFin group) Prospect in IB - Gen
+2 Take care of your mental health. Don’t kill your kids. If your wife is mentally ill, help her before it’s too late.   🙏 Hags28
+2 I noticed this shift too. Offices used to feel warm and like a space for actual adults. Now everything is white, glass, and exposed pipes. Not useless, but it doesn’t feel professional anymore. elsizinie939
+2 not sure how any of those 3 EBs have low deal flow (esp EVR/CVP + LAZ banner year). Analyst 1 in IB-M&A
+2 From what I've seen and heard from peers at other banks, culture is generally good (i.e. more collegial juniors, less sharp elbows, etc.). Associate 1 in IB - Gen
+2 I've worked with plenty of mid-levels and seniors who started in M&A and moved to PubFin for WLB. Most of those folks tend to cover NFP HC, Infra/PF, or Power, as there is the most overlap in skillset. Associate 1 in IB - Gen
+2 As they say, Indians are crabs in a basket Npliwa234567
+2 I dislike you Analyst 1 in IB - Gen
+2 That's it ? That's the best troll post you could come up with ? Partner in PE - LBOs
+2 pudding Analyst 2 in RE - Comm
+2 Makes sense thanks topchimp4352
+2 Figured I would also share story; untraditional finance background (no IB internship, private credit career); estimated $11MM net worth at 35. profluent13
+2 O&G and RX, when I recruited, seemed to have the most technical and industry specific interview questions 87thStreet
+2 M&A analyst probably the most anxiogenic job in finance so take it easy on yourself Huple
+2 Was interviewing at a mid tier long only for an analyst role. First round starts with an HR screen. For the second round i had an hour long interview with the hiring manager where i think things go well. strongbacklog
+2 Also to temper expectations I think you have to realize that the PM will want to maximize his pay since he didn't take much home either the first two years and will see himself as the main "risk taker" with the pod... Investment Analyst in HF - Event
+2 Some more stuff from him:  Analyst 1 in PE - Other
+2 Blotnick was convicted of fraud when he ran money (and his track record sucked). I'd avoid him. Smart-sounding posts but real scumbag. Agreed re: Gavin Analyst 1 in PE - LBOs
+2 Hey those 19 year old kids from Edison are now college sophomores at Rutgers Honors Business! They deserve some respect! 😆 Hags28
+2 I would also not join a seed stage startup - you are accepting founder level risk without founder level reward. Associate 3 in PE - LBOs
+2 Do not go to Princeton or Columbia to get into IB/PE. Those are financial engineering programs and will not help you in any way for traditional finance, from recruiting to the coursework. Intern in IB-M&A
+2 Whats unfortunate is if you're one of the "good" ones as the amount of undesirable ones come in you increasingly get lumped in with them too  QuestionableExpenses
+2 Did a combat mos in the Guard all through college and a bit after and even that is a bit of a committment. QuestionableExpenses
+2 What do you want to do with your life? Do you want to run your dad's business or do you want to continue to work in REPE? You can make money either way, but either way you'll have to wake up in the morning and go to work. CRE
+2 Oh look, another mediocre virgin complaining about women on WallStreetOasis DEIty
+2 TQQQ999999 Analyst 1 in IB-M&A
+2 When I was a young analyst, we were pushed to join ERGs. There were ERGs for women, LGBTQ employees, and minorities — but none for people who didn’t fall into those buckets. John Stone
+2 Value of operations (net enterprise value) and gross enterprise value are very different. Prospect in IB-M&A
+2 A big peeve of mine throughout HS and college has been the sentence "dont worry about that yet" and since that's all you got here let me give you my two cents.  Frosture
+2 H2C Securities and Coker Capital Advisors were acquired and are doing business as Fifth Third Bank. Fifth Third Bank actually has a large office at Rockefeller Center.  enterprisevalued26
+2 A fellow first year analyst here feeling exactly the same thing (I could’ve written an identical post) Feeling lost and uncertain too Analyst 1 in IB-M&A
+2 Fair critique, and I think part of this comes down to imprecise wording on my side earlier, so let me clarify cleanly. Anonymous Monkey
+2 did you hear back? Anonymous12123
+2 Very bad real deal flow. Virtually no M&A. Mostly pitching and shitty cap markets crap. On top of that, sweatshop hours and psychopathic monsters.  Analyst 2 in IB - Gen
+2 Delusional WSO Prospect Final Boss dcfdestroying
+2 Continential Europe view: At the end of the day, finance is not rocket science, people need to be somewhat smart combined with a strong work ethic and some industry-specific knowledge (which you don't learn in university). LeBamboo
+2 In an era where analyst classes are huge, college is dumbed down and hiring emphasizes “technical skills” vs classical education, most analysts hired out of campus recruiting are pretty mediocre. Managing Director in IB-M&A