Highest Ranked Comments In The Last Year

+9 Deal fees are just a part of your financing costs. If you make credit funds pay for their own legal expenses, they’ll just increase margins / OID etc. or not participate in a process (also considering broken deal risk). Analyst 2 in IB - Cov
+9 It sort of depends what your team specifically covers, but most teams nowadays are super power-generation focused, which makes most of your transactions asset-level. Analyst 1 in IB - Cov
+9 The lenders don’t need to solidify the “loss,” so they have no reason to take the discount for someone else to make money.  CRE Credit
+9 You would think that Sandy Hook and the jew-jew-jew clip and general anti semitism that Alex Jones is a radioactive person to be seen with. Analyst 1 in IB-M&A
+9 Bro Evercore double BofA is crazy Prospect in Non-profit
+9 So first things first, you may have some idea of what you’d like you do down the line, but you don’t really know. Hell, I’m almost 40 and I’m still not entirely sure what it is I want to be doing. CRE
+9 Don't overcomplicate it, as a man it generally only gets better as you get older. That's because it takes time to develop the qualities and income a lot of women are looking for SoldMySoul
+9 Hopefully you understand the risk profile of your first strategy is picking up nickels in front of a steamroller, and the second is heavily exposed to the equity market premium... PM in HF - Other
+9 homelander Analyst 1 in IB - Gen
+9 Interesting background/behavioral responses + Social skills (super important) in interviews: executive presence, not taking yourself too seriously while being professional, being enjoyable to be around/have a conversation youngbuffet
+9 Some of you guys really need to understand what socialism is. Point out where in his policies he wants the state to own all means of production and where he wants a centrally planned economy. He’s left wing sure. solarmonkey
+9 Who is Lina khan? She hot? Smoke Frog
+9 Least obvious OSG user punpkins
+9 I'm a bit confused by your premise. "Cash-free/debt-free" is a way to refer to transaction value for purpose of negotiation / agreements. It does not refer to what actually occurs in the transaction.  Mastery 7 IB Shitter
+9 Slightly different situation as I came into a platform of a handful of businesses in this size range (mostly on / a little below the lower end) as a family business, but have done three acquisitions since I joined. Analyst 2 in AM - Other
+9 I don't think it's anti-capitalism to suggest that not every asset, particularly those of strategic or national significance (be it utilities, healthcare / insurance etc) should be sold to the highest bidders if the qualit Analyst 1 in IB-M&A
+9 Powell is the goat. I am going to be sad to see him leave next year and kinda scared of who they will pick to replace him Mike_wacczowski76
+9 “You’re a lackey, have no leadership experience, P&L etc.” reads like someone who very clearly has never been an associate in PE lol. Associate 1 in PE - LBOs
+9 Ill be somewhat of a counter point as someone who works in infra PE. I actually like my job unlike some of the posters above and find the industry interesting. Associate 1 in PE - LBOs
+9 Interned this summer at a modeling-heavy levfin team, not sure how much of the model does Wells/RBC hold the pen on, but here’s what I’d recommend besides being good at three-statement / LBO modeling: Incoming Analyst in IB - Cov
+9 Personally I would love having Stephen Hawking as a coworker johnnypython
+9 With all due respect and hope he gets better, was he overweight ? trevor Jon 11
+9 That's the literal meaning of beating a dead horse. It's "to waste time and effort trying to do something that is impossible," as per Merriam-Webster.  We all have gotten the WSO opinion on UBS Tech. Associate 2 in PE - LBOs
+9 Unfortunately this is 200% factual. Good advice for every young man on this forum is to completely avoid women under the age of 60 in the workplace at all costs, especially socially Analyst 2 in PE - Other
+9 Nothing to show for it? Dude she’s not a prostitute. Presumably he had a good time on said dates, and wants to continue. If he didn’t, not exactly sure what he’s doing if not gold digging. acardboardmonkey
+9 UBS gave everyone free lunch for orientation Analyst 2 in IB-M&A
+9 role109: Analyst 2 in PE - LBOs
+9 If you think that your life is ruined by a semester of grades you really need to consider whether it is worth living at all. Dgjauwvwbsj
+9 Northwestern is elite, same level as Duke, Dartmouth, UChicago, Brown, Cornell. Placement in recent years is insane and its public on their club site. Believe theres also very little competition.  Analyst 2 in PE - LBOs
+9 currently receiving $20k/m from family and have a ~2mm condo paid off """"""""""""""""""""""""""""semi"""""""""""""""""""""" well off Soros_
+9 If I was on a $240k a year allowance and had a $2M condo that’s paid off I would do literally anything other than being an office grunt.  CRE
+9 Shit at this point Truist will just acquire them Analyst 1 in IB - Gen
+9 I think I would rather kill my entire family and then proceed to blow my brains out with a 12 gauge than to ever have to read a single thing you ever write BarackHusseinObama
+9 There’s no question of Jefferies over Piper or over Evercore or over HBS. If you get an offer from Jefferies, you take it, period. Associate 1 in IB-M&A
+9 The brush strokes are - the social media personalities out there (Codie Sanchez, Ben Kelly, etc) paint this to be very different than it actually is, it’s much more difficult Enlightenment
+9 Energy is the only group at Jefferies that is legitimately top of field. It isn't "right below the clear leader", it is the clear leader. Associate 2 in IB-M&A
+9 About this watch: Associate 2 in IB - Cov
+9 The UBS hate has gone too far Intern in IB - Gen
+9 Serious answer - if you have a brother who isn't super nerdy, just shoot the shit like how you do w him. Intern in PE - Other
+9 I am interested to see some takes at which shops would be considered chill in distressed, but I can offer my own two cents having worked at both chill and non-chill distressed / restructuring focused shops. Principal in HF - Event
+9 Yea all solid except the bathroom take. That one is idiosyncratic to like Dyal or some shit. rolo25
+9 The gayest person I know is working there Intern in IB - Gen
+9 Confused by OP’s expectation that his manager would be a better excel monkey than he is. NNJCRE
+9 I recommend you join a group in the 1980s as this is the last time this was commonplace Associate 3 in IB-M&A
+9 It is your life, live it however you want. People here are generally going to agree with you because it’s WSO. Many of the people here are hardo and neurotic. BigBodyBenz
+9 substantial carry potential and PC in the same sentence lol Associate 3 in PE - LBOs
+9 hes gonna get left behind/no one's gonna like him but dont feel bad for the other kids. racist + low iq? those banks dont need those kids. no_home_jerome
+9 Take the role. You are not at the point in your career where prioritizing for stability should outweigh rolling the dice on a high right tail option. I was in your situation some years ago and took the job. Principal in HF - Event
+9 and you'll find the Muslim-hating Jews wearing the dresses of murdered Palestinian women in the houses they destroyed and sniping 13 year old kids. Analyst 1 in IB-M&A
+9 Na not like that man. Even if I didn’t have a lady of 8 years, as great of a person this girl is, she was beat. rolo25
+9 First off, you’re not alone. Most of us hate our jobs and want to quit. Sounds like you got unlucky with your group like you mentioned. Enlightenment
+9 Did you really go to one of these two groups?  Associate 2 in PE - LBOs
+9 I don't think he really had that many "controversial" views at all. This is just a buzz word to somehow excuse his death. NoEquityResearch
+9 Prospect in IB - GenI feel like it's low compared to the range that I've heard with some folks pushing near 300 GameTimeisSaneTime
+9 afdhfg Managing Director in IB-M&A
+9 "Work from home" at 6-7pm, while the men have to sit in the office until 2am. Then get promoted over that guy and do tiktoks of your daily life in investment banking. afdhfg
+9 50% women with 10 % female applicants... Who could ever expect this to go wrong? afdhfg
+9 Be a pass through entity to your juniors. Throw them into the fire with little oversight but tell them you "trust them" beforehand so they work hard for you. xc1
+9 Work at a large equity fund. IF things stay the same, It’s going to be a while longer till capital formation and transaction volume ticks up and then job growth. Senior VP in RE - Comm
+9 I believe all mining teams in Toronto go to strip clubs on a weekly basis Analyst 1 in IB - Gen
+9 Is this a joke?? Intern in IB - Cov
+9 Regardless, quality leaders running regional offices for major players command that kind of salary plus a higher participation percentage in the individual deals Ozymandia
+9 It's brutal out there. Managed to secure an offer letter last week from a mid size REPE in a bigger market, but it was a nothingburger. laffer
+9 Dude, take a step back and look at the numbers. You want to go into high finance, right? Treat this like your first deal. monarchbaren
+9 Congrats on Jefferies Analyst 1 in IB - Gen
+9 It is. Exits are not bad Analyst 1 in IB - Gen
+9 They think they are all rocket scientists over there and the smartest people on the planet because of the Harvard legacy. Bunch of busts in the portfolio and very average returns in recent vintages. Overall very mid. Associate 2 in PE - LBOs
+9 ojapar20 CRE
+9 Couple of thoughts, as an ex-macro guy, on how to frame your work to market for a job: longandshort
+9 Congrats on UBS! Intern in IB - Cov
+9 Great experience. Really appreciate the amount of effort that you put in. My question is - Have you ever felt the touch of a woman? Associate 2 in IB - Cov
+9 GS having almost 2x lead over JPM and MS is just nuts. Best IB platform and it is not even close Analyst 1 in IB - Cov
+9 I’m an IB analyst with 2 YOE who just spent six months looking to find a job. Had 50+ interviews before I landed something and kept tabs on the processes I was the most involved in.   Analyst 2 in IB-M&A
+9 Anu Aiyengar became the Chairman of Global Banking and M&A, and Charles Bouckaert (ex- GS banker) became the Head of M&A. lenovo2134
+9 The job market is so brutal right now, and I know this probably falls on deaf ears, but you need to keep your head up. caffeinated_finance
+9 Great advice. For the newer kids, the nuance here is that convexity doesn’t just mean highest upside in a trade. It’s the ratio between upside and downside capture (ie limited loss, equity/equity-like upside). Analyst 3+ in HF - Event
+9 Are you trolling? Did I finally get got? Your post doesnt make much sense...  Associate 3 in CorpDev
+9 The point it’s not the returns. You can make a lot of money in these deals and returns of these strategies are in line with most vanilla equity large cap buyout funds. Associate 1 in PE - LBOs
+9 Trading is more common but lots of Sales people do it aswell, usually after 4-5yrs + though, not 2 like banking, although this sometimes happens. Imo structuring is the rarest role to move over.  Analyst 1 in S&T - FI
+9 Just google filter 2023-2024 and “UBS bank hires” “investment banker” You’ll easily be able to find the articles and 99% of these MDs were trash, and I’m still searching for the 1% who weren’t trash Associate 3 in IB - Gen
+9 Barclays homies thought their massive guarantees meant they now worked at Goldman and could do deals like Goldman.  Associate 3 in IB - Gen
+9 HAHAHA why is everyone bumping and nobody else has numbers other than OP Trader in S&T - FI
+9 Also a side note as an Indian who went to a mix of state and private schools (On scholarship), a big important thing which unfortunately does not get mentioned a lot here is the divergence in career choices for working cla Analyst 2 in IB - Cov
+9 u need to emphasize they were DEI / women, because almost all European internships don't give a crap about behavioral questions and you're mostly drilled on technicals + models (especially at PE firms, as KKR), so I'll cal GS under Blankfein
+9 I came from an M7 core school and summered at a BB and now at an EB. Associate 2 in IB - Cov
+9 Not successful but certainly over 30. Being working in M&A (IB, Corp Dev, PE) since I’ve graduated here are some lessons I’ve learned along the way. Green Zeus
+9 I am Michael Nessim and I can confirm true Intern in IB - Cov
+9 No, not crazy at all. Development and brokerage are two very different jobs. In development, you are a project manager and your goal is to see that the project gets built. Fred Fredburger
+9 Am at one of the big event shops; will put this up as I have barely ever seen the Ldn event space being discussed on here. Analyst 2 in HF - Event
+9 Trumps America! LFG! Associate 3 in IB - ECM
+9 There are some really bad apples… so much bad  behavior at UBS that should never ever happen in a professional environment.  Associate 1 in IB - Cov
+9 The best way for me to answer this question is to pose a different one: "What is difficult about land development?" Esque_
+9 Just a few months ago, the US consulates and embassies were flying Trans flags usernameladiesman217
+9 Fundamentally, investing involves taking some level of risk with the expectation of some level of reward that is generally proportional to the level of risk. Mastery 7 IB Shitter
+9 but WSO told me they sucked!? Associate 1 in PE - LBOs
+9 Welcome to high finance Prospect in PE - Other
+9 As someone who has been trying to break into middle market REPE their entire career (6 years only so not crazy long), this post is peak ragebait.  jCRE_1
+9 Anonymous Monkey: Investment Analyst in HF - Other
+9 aitouahiyassine4 PrivateTechquity 🚀🚀🚀
+9 Doubly weird then lol loud_bathroom