Highest Ranked Comments In The Last Year

+8 I find this whole "top-of-street-comp-in-exchange-for-regular-3-am-nights" model of boutique banking tacky at best and kinda nauseous at worst. flipcup
+8 "UMM Real Estate"  We're just making shit up now, are we?  IsItREPE
+8 Best developers I know are extremely talented and use super basic tools. Seems like the right combination. Excel, Project, Word, Outlook, Bluebeam. CRE Mamba
+8 Funds aren't returning capital, so let's buy the stakes of those funds that aren't returning capital because eventually someone will buy my stake 10 years down the line and I will make 9% IRR. Associate 3 in PE - LBOs
+8 Every other week there is a young gun like yourself who comes on here to ask these incredibly basic questions about what it is hedge funds do and whether you can eventually work for them. Investment Analyst in HF - EquityHedge
+8 Multiple titles but I prefer VP. M&A for ~3yrs, MM TMT PE for ~5yrs, left to co-found a permanent capital rollup/HF Non/semi-target, sub 3.5 GPA, finance major (switched from STEM) PrivateTechquity 🚀🚀🚀
+8 Its not really the rates (I mean yes, it does certainly play a part) but its the multiple expansion/contraction. VP in PE - LBOs
+8 everything gets harder as you get older, but I'd argue it's less because of the brain and more because of other commitments. thebrofessor
+8 A lot of other people have mentioned the following advice, but I'm a summer analyst who is autistic about lifting and health and wanted to add some of my own Intern in IB - Cov
+8 Don't think you can paint all Gen Zs with a broad attitude stroke because of one bad apple. There's rude people in every grad class for every grad class that has ever existed. Associate 3 in IB-M&A
+8 It’s totally alright to be casual with them. Only thing I would say is don’t tease or roast them too heavily. Analyst 2 in IB - Gen
+8 you’re not conventionally attractive 🤓☝️see how stupid you sound u bitchless twat, it’s not like if I became more handsome she’d magically know how $10 of depreciation affects the three statements Intern in IB - Gen
+8 Accepting a UBS offer is like drinking rat poison. Tastes a little sweet at first, then you realize too late it was never meant to end well. Associate 3 in IB - Cov
+8 I’d pick Leerick VP in IB - Cov
+8 The problem with lateraling after 1-2 years logic is 1) will be depedent on lateral market (which you cannot control), 2) you really only have ~2-3 years as junior before it becomes very hard to leave for PE as an associat Associate 1 in PE - LBOs
+8 You're thinking the wrong way if you're thinking about getting onto the buy side from a "societal prestige" perspective. But I digress. Research Analyst in AM - Equities
+8 It's a good school with a strong reputation on the West Coast and internationally (slightly weaker on East Coast). Associate 1 in IB - Cov
+8 Something similar happened to me, but it was one of the new full timers. Are there any seniors you are close with? Doesn't even have to be VP+ level, but an associate you are chill with that can potentially raise a flag. Works at Other
+8 Focused less on specific funds. Assistant in Research - Other
+8 You’re overthinking it, which is understandable. Put yourself in his shoes: someone he interviewed a year ago remembered their conversation, stayed interested in his sector, and now wants to learn from him. Anonymous Monkey.
+8 Cardone Capital IRR you ready to rumble
+8 I swear someone made this exact same thread 6 months ago and the answer is no nutmegger189
+8 Berkeley is definitely a target school for west coast offices, but it's a semi-target for east coast. Associate 1 in IB - Cov
+8 We really only hire those that finish the modeling test the fastest. We like to see that they know all the shortcuts Associate 3 in IB-M&A
+8 Research Analyst in AM - FI Analyst 1 in IB - Cov
+8 Seeing a lot of comments about how long hours and being on call is something we should just accept in IB. So I am going to go in a different direction and say that with the advent of automation and AI etc. Associate 2 in IB - Cov
+8 Tough choice. Absent knowing additional information, I think the downside of leaving is greater than the upside. johnny_quest007
+8 The bank is mostly people who rode others coattails to become MDs and now can’t source anything on their own. Analyst 1 in IB - Cov
+8 Shitty situation, but if your gut is telling you the seller isn't trustworthy, then I wouldn't fret. VP in PE - LBOs
+8 Take the top BB offer and let me know which bank / group you are leaving so I can take your spot.  Tier1bank
+8 look at eb interviews, their interviews are mostly technicals and a few classic behaviorals. that tells you what their culture is like.  Analyst 1 in IB - Cov
+8 Bump anyone get blessed? Analyst 2 in IB - Gen
+8 The fact that Option 1 is actually something you have access to and you’re considering NOT doing it in favor of some bullshit hardo fantasy is a slap to the face of all us morons that got into this field because they came gufmo
+8 These are fairly easy questions to answer if you've traded these products.  PM in HF - Macro
+8 OP’s ass Intern in IB - Gen
+8 Thanks daddy zerocontinuum
+8 If I see one more post about you kids jerking to BayPine I’m driving to Indiana University pulling each of you out of your FIN101 lecture and spanking you in alphabetical order VP in PE - LBOs
+8 SC on top FTFO Intern in IB - Cov
+8 Bear sign for bonuses, they are going to be terrible Analyst 3+ in IB - Cov
+8 Hard disagree. As a former assistant branch manager at the Wells Fargo Anchorage branch, I had a lot of resumes come across my desk. lucien_de_montclair
+8 I started in banking and sat directly across from a banks CEO’s son. Guy was incredibly smart and hard working. If he does a good job, who cares? Probably a good contact to have later in life anyways. Associate 3 in RE - Comm
+8 GIG bonuses? Intern in IB - Gen
+8 Will that actually ever happen though?  Analyst 1 in IB-M&A
+8 Clav broke into IB just to get framemogged by ASU fratmaxxer prez again IB9000
+8 You got me, I’m a Mossad agent because I understand history and the region. WSOBURNER69
+8 I know people at both firms - in speaking to them (to extent they can/will share) and brokers in various markets that represent them, a few things have become clear: MultifamilyGuy
+8 I have seen this transition, but I think you might be smart to be more strategic about your entry point. With a fancy MD, you might look at top tier consulting firms, or VC/PE firms that would value that expertise. StreetToStreets
+8 UBS management clearly the worst IB management on Wall Street right now Analyst 1 in IB - Cov
+8 VP in PE - LBOs Managing Director in IB - Gen
+8 Agree with other comments re: a handwritten note. Take the time to craft it and write out exactly how much you appreciated this person's impact on your life from a career/sanity perspective. VP in PE - LBOs
+8 Yes it is still. MBB can exit into product manager roles / leaderships roles in tech and that is likely the most lucrative career path in future decade. FlyingBoat
+8 Doesn't really matter to me. Do you have the answers to my questions  fw4532
+8 Wahhhhh wahhhh compliance! Take the tampon out. KageSelly
+8 Rather than speak hypothetically about Capex since that seems to be the primary unconsidered risk you are referencing, let's use specific numbers.  Director in RE - Other
+8 You made some interesting arguments but I think some important nuances are missing. neil88
+8 I've been mentoring quite a few candidates recently with profiles very similar to yours—strong GPA, relevant internships, solid resumes—and yet many consistently stumble at the HireVue stage. DerivativesRiskEducation
+8 Looks like a typical Monday morning meeting, blank angry stares at the performance Analyst 1 in IB - Gen
+8 this is literally what they said in my year end review yesterday. "we're afraid that you don't want to be here long term."  bro i make 85k a year and have over 5 years of high finance experience.  yoplait
+8 you should network with grass  Analyst 1 in IB-M&A
+8 Belongs in off topic else WSO discriminates against men? Tf lmaooooo. I didn’t think I’d wake up to this snowflake safe space nonsense. Yall don’t disappoint.  Rabbit
+8 You should ask for an explicit guarantee that after 12 months you would transition into a meaningful role within the business. If they don’t give that to you, don’t take this gig. Associate 3 in PE - LBOs
+8 Assist. VP in IB - Gen odog @digitalimmortality.com
+8 Lmfao brotha I feel you, my gf of almost 3 years that I spent all of college with broke up with me before my internship. Analyst 1 in IB - Gen
+8 If you are asking this question, you should probably go Greenhill and let someone with more intellectual horsepower take the JPM seat.  Managing Director in IB-M&A
+8 Ok I will bite. SeekingAlpha180
+8 Bro really put AI start up in there with hedge fund Intern in IB-M&A
+8 UBS has a lot of Asian juniors. Think this is a subtle culture nudge Associate 2 in IB - Cov
+8 DDM itself is not the difficult part, but rather the operating build that leads to the dividends that end up getting discounted. I would describe a DDM as a DCF with "extra traffic"... Associate 2 in PE - LBOs
+8 I HIGHLY recommend you watch the last 2 episodes of the All-in podcast (thumbnails AI Kills Us All? PrivateTechquity 🚀🚀🚀
+8 It really depends on if you’re done with finance or if you still like the job but you’re just tired.  Associate 3 in PE - LBOs
+8 If you want to leave PE because you're burnt out and don't like the work, then I think it's fair to look at tech/Corp Dev. mrharveyspecter
+8 That is wild, but some people get super particular with their food. I had an MD who was obsessed with the Smurfs and he would keep blue food coloring at his desk and use it like some people use hot sauce. VP in PE - LBOs
+8 Analyst 1 in IB - Gen
+8 This is what my friend told me he got, but idk if they change? Can sb confirm? Bitsyyy
+8 I've been on WSO for almost 9 years, before ChatGPT was mainstream. This type of response is consistent with all of my old posts.  Deal Team Six
+8 Lmao people are so fucking stupid. 1: This is across various products while EB’s are pretty much M&A only. Obviously will be much lower here. Associate 1 in IB-M&A
+8 If you’ve got a few days, get to the point where you can explain 3 statements, DCF, comps, enterprise vs equity value, and basic accretion/dilution without hesitation. Analyst 1 in IB - Cov
+8 ojapar20See, this wouldn't have happened had the left not launched a dozen phony cases against him. IsItREPE
+8 Who else left? Intern in IB - Gen
+8 Synergy is WM makes the revenue and IB spends it Analyst 2 in IB - Gen
+8 “Updated views guys”? Dude, this is a top 3 group on the street. If your virgin ass gets it you accept it without hesitation. There’s no “updated views” you dumb fuck Associate 1 in IB-M&A
+8 You’re going to get skewered for saying “budy,” but getting past that, the general rationale and underlying benefits look something like: zgzg914
+8 Grew up in the south, lived in NYC for banking and PE now back south. If you aren't cool, athletic, relatively social please don't move south. you will not do well and everyone will think you are a weird liberal. Associate 2 in PE - LBOs
+8 I think both the legal and ethical aspects need to be considered. From a legal POV, your firm is likely to have a policy that regulates recording of communications. mtnmmnn
+8 UBS isn’t low enough  Analyst 2 in IB - Gen
+8 wetlamplord Director in IB - Gen
+8 Do you tend to have general difficulty in social situations? I hope you’re good at execution work…  Analyst 1 in IB - Cov
+8 Calm your ego down. As well as the A.I. slop VP in PE - LBOs
+8 Enforcier
+8 Your net worth in PE won't really start spiking until you have been a principal/director (the level after VP and before partner, some firms have different titles) for a few years AND are at a firm with performing funds tha bankingcy
+8 Why are you all acting like this is a "sign of the times"? This has been standard operating procedure since the dawn of finance. Nepos and kids of clients get hired at fkn Stifel for crying out loud.  Associate 3 in PE - LBOs
+8 She is a DEI. Nobody will hold her accountable, in fact, MDs will commend for this.  Principal in IB - Cov
+8 Analyst 1 in IB - Gen
+8 always get a good laugh when people think we actually build anything  Partner in PE - Growth
+8 "DEI has created a two-tier caste system and everyone knows it but nobody can say it out loud. " Stop calling it DEI and start calling it favoriting white women.  PaulAllenIsInLondon
+8 In terms of products anything liquidity-related tbh. Securitizations/Private ABLs, Secondaries, sponsor-based private credit towards portcos, GP stakes. Gold-ManSacks
+8 I’ve always tried to take the view that if I could hire a junior that would stay for 2 years, that it was worth the risk. I know a bunch of fellow seniors that feel the same way.  CRE Credit
+8 A company is trading at 20x P/E and 10x EBITDA. It has $20M of interest expense at a 5% interest rate, $20M of D&A, and a $200M equity value. What is the company’s effective tax rate? Analyst 1 in IB-M&A
+8 Associate 2 in IB - Cov
+8 And now your annual bonus is $0? Determined