Highest Ranked Comments In The Last Year

+2 My family is friends with the founder of a non-profit and we know the finance chair as well. Substack_Guy
+2 Agree with this. High volume, low bids. Eventually some stick and they find multiple expansion. Works at JPMorgan
+2 You just gotta have that it factor.. if you don’t have it you don’t have it. Good kids are easy to spot a mile away Analyst 2 in IB - Cov
+2 It personally helps me a lot. Having said that, if it only helped a little, then I’d rather not take it - the benefits don’t always outweigh the costs. Associate 1 in IB-M&A
+2 It may limit the shops you can work at, and would certainly cause you some issues if you were to go out on your own, but as much as I begrudge the siloing of our industry, what you describe seems to be the way things are g CRE
+2 Sorry had to fire up Claude now I can respond... here you go: Analyst 1 in IB - Cov
+2 Nothing about what you said is true other than the first statement (analyst pay), the Delta is ~$5k. BofA does not have better deal flow than Citi, debatable in the aggregate but certainly not better deal flow per capita. RBOB_squarepants
+2 Thanks - super helpful and I take the point on not rerouting to ER just to learn things I can pick up in-seat. petrainingprep001
+2 Dollar cost average it into diversified index funds over a 1 year period, with contributions every two weeks (ie $4167 per period). BigChimpin86
+2 The recruiting situation has completely changed since last year's class with oncycle moving so far back, so you're not going to get any relevant data points to your class. Associate 3 in IB-M&A
+2 Any advice on how to find/land a similar gig? Laid off from PE (high performer) as a senior associate and it's been a nightmare trying to find something else. ezbread
+2 Tbh don't like the unpredictability. Like in IB at least I knew everyday was going to be rough, but here, you never really know when everything'll go pear shaped. Associate 1 in Consulting
+2 bro i used to crank all the time but it's hard when there's shit on the wall, ruins the whole mojo Invalid_CREdentials
+2 del del del   Associate 1 in PE - LBOs
+2 The second one is the major factor, whenever it's a middle-aged WASP lady waitress or something the service is amazing. jewslayer1944
+2 kettlechimp: exitgods: Intern in PE - LBOs
+2 Depends on what the LP is looking for; putting significant capital to use, returns, downside protection, etc. relatively_levered_loans
+2 From my perspective, very difficult to discern the wheat from the chaff when looking at PE managers until things start breaking. throw-away-account1
+2 I can apply to Columbia GS for this upcoming spring/winter semester, but the EA deadline is September 1st. PelleLarssonEnjoyer99
+2 Similar position. SIE seems like a good bet. I would do stock pitches only if your truly enjoy them. Move GPA up? What even is the point of that if you got RO. Improve modeling? Intern in IB-M&A
+2 Flow is basically a firm that relies on volatility being high. They do exceptionally well when it is high(Covid was a huge year for them) and haven't really been doing as well since then. usernameladiesman217
+2 Start with your existing bank clients and ask them if they are looking for people. Other option would be to move to a servicing gig and then transition to an AM role later on (but note it may never happen). CRE Credit
+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 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 Congrats on Prism Intern in Consulting
+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 Hmm, I don't think you're screwed necessarily but definitely behind. One thing that actually might help you is hirevues. johnb2001
+2 VP1  Base - $285k Bonus - $315k (25% stock) TC - $600k Book revenue ~ $1.8-2.0MM Works at JPMorgan
+2 "small sector not my main coverage", "PM / HR don’t care.". There you go you have your answer. Either: Quant in HF - Other
+2 Raise taxes on who? The ultra wealthy, again? Can't wait for that to cover six months of social security. Ozymandia
+2 the amount of white "hispanic" guys I see in these programs is ridiculous lol Prospect in IB - Cov
+2 The short answer is no. At least in my office, even if you come in as an associate, you’re going to have to do some analyst work. Investment Analyst in RE - Comm
+2 Asian men love dei so much they had a whole Supreme Court case against it… the only ones who benefit are the ones who lied to say they’re Hispanic or brown Incoming Analyst in IB-M&A
+2 I never knew what that group’s value proposition was during deals. The industry team knew the sector, did comps, industry data, etc, and the M&A team handled the modeling and process stuff. RBOB_squarepants
+2 Lots of ICADE people at JP, both in Madrid and London. Either do a summer in London and convert or start in Madrid and transfer over in 2+ years. Analyst 1 in IB-M&A
+2 Because you would have probably complained if one's name was Wen Yao or Shi Wei saying that its too hard for you to pronounce anyways.  Prospect in IB-M&A
+2 There's only a few select MF PEs who can fundraise based off track record; CVC, EQT, Advent - CD&R is also there or there about. Analyst 2 in PE - Other
+2 Having half of the class filled by internationals is a race to the bottom in terms of pushing back/quality of life and working for them is hell on earth and they are 1000% more likely to abuse you vs Americans  Associate 1 in IB - Cov
+2 Apps for SA 2038 already dropped at my elementary school but heard that without previous summer internship in kindergarten you get auto rejection Dazzling-External-29
+2 Love how they always try to act and sound "American" lmao Analyst 2 in IB - Cov
+2 Not sure if this helps you actually feel better, but I think something to recognize is that if a place actually works like that, then the business can't sustain itself over any long enough period of time for you to want to Prospect in IB-M&A
+2 I know which is better in terms of Uni...but I'm asking in terms of which of the different degrees to choose at the 2 Unis, taking into account whether the more relevant course makes a difference or not . Financebro89
+2 No one actually “loans to own”. Even when you’re doing super risky credit deals, you want the property to perform well and get repaid normally. investmentspanker
+2 I’ve received a few DMs on this so sharing briefly. ResilientNomad
+2 Market volatility increases deal flow for bankers, and right now is a generational buying / dealmaking opportunity so I’m seeing activity actually heat up. liquidiot
+2 I dont think you realize how many deals Qatalyst turns down. theSwedishChristopher
+2 omg those are the cringest Analyst 1 in IB - Gen
+2 All of this and then please also read fiction. Non-fiction only readers are painfully dull people.  CRE
+2 CoC is inferior to Clash Royale Prospect in IB-M&A
+2 RBC M&A B+/A- anonyyyymous
+2 Roommates with a junior at the firm and based on my convos; Analyst 1 in IB - Restr
+2 Tons of banks ranging from middle market to EBs. You’d be hard pressed to not find a bank represented. May not be their A team but they’ll have an outpost. VP in IB-M&A
+2 How does one even do 300 coffee chats? The recruiting cycle is only 3 months..how many emails did you have to send? Prospect in IB - Gen
+2 Getting IB interviews off cold apps wasn't that uncommon a few years ago, especially for coverage groups. Business School in CorpStrat
+2 Ex: at 5:15pm on Wednesday there is a line of 6 people in the lobby, but from 5:21 to 5:27, there is nobody in line.  By 5:40 there are 8 people in line again. usernameladiesman217
+2 My firm buys NPLs at discounts and our plan is to foreclose or get paid off at par shortly after loan acquisition. We are an equity strategy and I’m seeing more people entering this space. Associate 3 in RE - Comm
+2 CIBC Mining is paradise  Intern in IB - Cov
+2 UVA has been unreal this year. Basically every other post I see on linkedin. Intern in IB-M&A
+2 When are superdays expected to drop? total first year member comp? Analyst 1 in IB - Cov
+2 Have a pitch! zrkweq312
+2 RE tag checks out TopBoy.-
+2 Sold list. Fun fact: One of co-heads at SOLIC is the former head of RX at Lazard terminated after only a few months in due to...off brand activities. VP in Consulting
+2 Than there’s a guy like me watching you in my freetime spiral on this form making 100x you sipping and drinking almost every day. There’s levels to this lil bro  Intern in ER
+2 Serious question: what is the point of a formulaic payout when the analyst has no trading discretion? MMPM
+2 Just look at the industries and businesses Buffett buys and there's your answer. Investment Analyst in HF - EquityHedge
+2 . Analyst 1 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 I live in Little Italy in a 2 bed 1 bath with my girl: We each pay 875 rent. Subway and or bus is a 4 minute walk drops me off 5 minutes walking distance to the office IncompetentWorker
+2 This is a pretty good read on how the models work and their limitations. ojapar20
+2 What does this dynamic mean for PE writ large? throw-away-account1
+2 I always recommend to start with a summary or the core of the thesis. Whoever you send it to will have limited time. MMPM
+2 Trump would rather focus on the 1% of black people than the 40% of white women Chuck E-Cheese
+2 Sw-v01  Analyst 1 in PE - LBOs
+2 The best course of action is to go have rough sex and do doggystyle. That will naturally deal with all your frustration  Analyst 1 in IB-M&A
+2 imo, yes, you're letting the hardos get to you. The freshmen posting about building LBOs from scratch are the minority (and honestly probably weirdos that fail the airport test anyway). munky293
+2 Yeah I can see your point. DeletedAccount...
+2 NorthStarOneWere you raised wealthy and isolated from real world violence? CRE
+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 Bump Private Equity Investor at MF
+2 Congrats on CVP Menlo! They are a tier or two below lol Osa_Kerev1
+2 I would recommend River North and Gold Coast/Old Town. Wrigleyville is also fun. West Loop is nice but unnecessarily expensive. Not a lot of "neighborhood spots" in West Loop which can make it harder to meet people. Outsiders
+2 Bocconi since it's their target program. I'd go with imperial 2nd and essec as worst choice  Goj5979
+2 I did essec but the prépa and MiM. The ESSEC mif is a low tier program. It's not well seen in Paris and the essec brand is not enough for London.  Warwick is not the best for its masters.  thib56
+2 Tufts Prospect in IB-M&A
+2 Pretty interested to see their strategy here. I work in LMM/MM (primarily with a focus on family-owned/operated businesses, though the firm does work on other mandates).  coolmowgli52
+2 There’s that one Tik toker who works at pwp sf tech  Analyst 1 in PE - LBOs
+2 Update (ignore my title) Just my take, I went with the LO AM offer but between the outflows and the lack of return offers for early career programs (which I’ve seen across friends at other LO AMs too). aintern
+2 Left the GP world at a top 10 PERE firm for a pension fund, and it was the best decision I've ever made. Assist. VP in RE - Comm
+2 If you want to stay BB, I suggest office transfer via your bank is the lowest risk. FWIW Aussies always want to go NYC/LON/etc so there is potential you get lucky.  Investment Analyst in PE - Other
+2 These people are tweaking. This is so painfully common, I’ve done it and had people do it to me. Most people love talking about their past employer to vent. [email protected]
+2 Thanks for this tuscon-sun. petrainingprep001
+2 are you autistic by any chance? johncena2548
+2 I think I could honesty be pretty dangerous if I only had costar, excel, and a cell phone to talk to brokers Associate 3 in RE - Comm
+2 Well to be honest I have friends & family (mostly family) support for raising initial money and the industry I want to go into doesn’t take a lot of capital to get started (of course there is investment). Analyst 2 in IB-M&A
+2 Of course the response is anon lmao. Soft times.... Rabbit
+2 Typically if no one posts or complains heavily. It means the return rate aligns with historical data Associate 2 in IB - Cov
+2 Looks like no one is complaining here, so it means the return rate is fine Associate 2 in IB - Cov
+2 the deal flow is going to consist of 3 M&M deals and 2 polar bear breeder mergerssource: im a canadian Intern in IB - Gen