Highest Ranked Comments In The Last Year

+5 Recent HSW grad - do not go to the MBA unless you don't want to stay in PE. Odds are incredibly low that you find a seat better or comparable to your current position as VP at a MF. Investment Analyst in HF - Other
+5 More akin to a PE fund but not a 'traditional' one.  Associate 2 in PE - LBOs
+5 Look man first paragraph is just plain wrong and goes against Corp Finance 101. You SHOULDN'T lower the numerator and thus claim the denominator has been derisked (really would you ever do that in a DCF). Associate 2 in PE - LBOs
+5 nice problem to have Prospect in Consulting
+5 Yeah, sorry but you're fucked. At this point, your best option is sales at a paper firm in PA with hopes of a management position in Season 8.  Always prestigemaxx.  Prospect in IB - Gen
+5 UBS sucks, trust me I work there Analyst 2 in IB - Cov
+5 They were so full of themselves that they thought they would be top 6 by now  VP in IB - Cov
+5 Just because you say "asset pricing theory" and "fundamental theorem of asset pricing" doesn't mean that you are correct. Principal in PE - Other
+5 Usually head traders are little more than cashiers w no discretion. You might as well punch the cart girl Investment Analyst in HF - EquityHedge
+5 Hey mate, thanks for the question Breaking in was definitely tough, I came from a non Go8/non-target uni and didn’t go for IB out of undergrad, which is still the most common path into PE. Deal Kangaroo
+5 There are individual LPs and many large institutions. Some individuals like myself are sophisticated and are only upset with ourselves. Luckily we had the canny not to invest in the Citrix continuation etc. Managing Director in HF - Other
+5 The best risk reward move for someone with a legit background (great school and great first job specifically) is finding some ambitious business owner in a high revenue per employee business and get on that team and ride t Principal in RE - Comm
+5 It's true that not much will change with Mamdani. Things will only get marginally worse for business in the city. You might not even notice it at first. Only a handful of businesses may leave. Ozymandia
+5 Prospect in S&T - Equities econometricks
+5 Sounds like an immature, impatient, stupid and entitled brat, clearly born to become an MD Sharky286
+5 I too regret joining UBS Analyst 1 in IB - Cov
+5 This post doesn't even make sense. How do you have the option to transfer to Columbia next year? I went to a non-ivy target, but Cornell with a top club can get you anything you want. Intern in IB-M&A
+5 Essentially you are doing a proper analysis of what a vested carry allocation is worth in equivalent liquid cash comp. Associate 2 in PE - LBOs
+5 It doesn’t matter if you are an analyst or an MD, we all go from slow/bored to being so busy you barely sleep at times.   CRE Credit
+5 RJ Financo is a good shout Incoming Analyst in IB - Cov
+5 Coverage, always can go pca later (always looking check linkedin). Moelis also not top three. Works at JP Morgan Securities
+5 I'll bite.  When looking at what to exit to from consulting, you want to draw an x axis which is your functional expertise and y axis which is your domain expertise from general to specific/granular.  FinnesseGod
+5 I got some pretty good edits while working as an ABM at the Wells Fargo in Anchorage. lucien_de_montclair
+5 Firm is legit and filled with non targets. rolo25
+5 Apologies for the late reply - just realised I had notifications turned off from WSO. Associate 2 in PE - Other
+5 Jokes aside, this is a great mindset to have as you start. Have a healthy life outside of work... and try to protect your boundaries too (to the extent you can of course). Investment Analyst in HF - Event
+5 Some may disagree here, but wouldn’t consider networking to be particularly crucial for LMM processes. Anton_Chigurh
+5 Have friends at the VP level there so might not be fully reflective of junior experience. Hours are reasonable, people are solid, comp is in-line with fund size and location , and fundraising has been doing well. VP in PE - LBOs
+5 Yibog: Mind sharing those stories? Analyst 2 in IB - DCM
+5 Charity is one of the most pointless things you can do. You would have a far bigger impact on people by taking the money that is going to charity and using it to actually start something and grow it. PEarbitrage
+5 This may be the dumbest thing I’ve ever read.  SmackOfHam
+5 PM has observed in the past or you being influenced by vol in positions and wants to not show you PM does not want to or intends not to pay you if performing wellPM wants to hide how bad you guy LSMacroEquities
+5 Honestly Truist deserves D tier Analyst 1 in IB - Gen
+5 Appreciate the discussion here and would like to chime in on how I see the SM question: I think those seats are very desirable and you can achieve real outsized outcomes vs PE and banking where comp is mostly priced in. srzjmy
+5 “It’s not “just long hours you get used to.” It’s systematic abuse by evil and toxic people. Analyst 2 in IB - Cov
+5 Fundamental intuition in quant certainly does exist. Maybe not at massive scale but there are firms employing this approach. Strategies are a lot less publicized for obvious reasons. Associate 2 in PE - LBOs
+5 VP in RE - CommJust chiming in here that I think we have run out of names for firms after seeing this.  odog @digitalimmortality.com
+5 Email marketing campaigns for what?  Look, my personal opinion is that small shops are the best possible place to learn, because you have to wear a lot of hats, and at the end of the day that's what you need Ozymandia
+5 Reads like the guy had a really crappy female analyst on his team who automatically subscribed everything to gender whenever there was a negative comment. Ehmerica
+5 Serter: Non-TargetToMNA
+5 Quant in HF - OtherLmao go spend time with financial statements Event Driven bitch. Who hurt you? Analyst 2 in HF - Macro
+5 RX at almost every shop exits better than almost any M&A group out there. It’s just much more competitive to get and candidly people self select for those roles. Evercore is no exception. Analyst 2 in IB - Cov
+5 Stop blowing your money like water. I recommend reading Morgan Housel's books 1) the psychology of money and 2) the art of spending hedgehog9
+5 Fake news! (Words words) You all are racist! (Words words) Everything including news outlets are all in on the big conspiracy! (Words words) I’m so smart look at me self congratulating my arguments! Summer Associate in IB - Cov
+5 There's been a few threads on this recently, but generally Houston does not exit anywhere near as well as it should for a coverage that grinds their analysts way more than NY groups Associate 3 in IB-M&A
+5 heard baird industrials has protected saturdays! Associate 2 in IB - Gen
+5 My advice, go do banking. It sounds like you have an offer at a BB bank. Investment Analyst in HF - EquityHedge
+5 What are the best credit seats? bmm112
+5 I'm going to against the grain here and say don't send it. Usually, they have they their mind made up by now and are just considering final candidates or are waiting on some formality around the process. Investment Analyst in HF - EquityHedge
+5 a thing ive been seeing is some FT interview spots were fluff, as in they interviewed ppl, rejected everyone, then posted an experienced an/asso position. Analyst 2 in IB - Cov
+5 The answer seems pretty straightforward to me - Going forward only provide references that you know without a doubt will have your back. VP in PE - LBOs
+5 Would not give too much weight to the comments above (perhaps just outdated). Gekkoprotege
+5 Reservation at DorsiasIt might be the equivalent going from:  Associate 3 in IB - Cov
+5 Unfortunately I don’t like sharing too much about my background on the interwebs, but I’m just a couple hrs drive from NYC. As for resources, not really. Fred Fredburger
+5 Just pick up the phone bro Intern in PE - Other
+5 How did you find your first commercial property deal?  family friend, total lucknext one was loopnet, extremely challenging value-add and had to get extremely creative w the seller HuskiesRE
+5 have been building out europe past 10-15 years. culminating in the robey acquisition last year. Prospect in IB - Cov
+5 if u can't prestigemax u have to volumemax Intern in IB - Cov
+5 WF on a heater  NBTtmoon
+5 The issue really is that the range of “good year” and “bad year” is generally pretty small in agency lending given it is pretty much only a fee business.  CRE Credit
+5 Can speak directly to this. I was in medical school and am now high finance. Associate 1 in PE - LBOs
+5 That is correct Sir. They don’t release them but I’d bet they had about ~$50M this quarter Associate 2 in IB - Cov
+5 You're always thoughtful, so I don't want to spend time rebutting each of these points. I also agree with the capital cycle framework you're applying to data centers. Director in RE - Other
+5 It was a light since so there has been so much attrition already over the past few years and especially in the last few months. UBSRising789
+5 Completely agree with pudding here. NYC is not a market you just jump into. Fred Fredburger
+5 Here’s how I’d bucket it based on interacting with all of these buyers. Generic Banker
+5 Congrats on Gugg bro 💀 Analyst 2 in IB-M&A
+5 Where did you circulate the document?How would you define 'PM sponsorship' - are you asking for someone to say 'nice work kid', write a letter of recommendation, offer a job...?Did you trade this - i Burke
+5 Yes, just think about that as a vol reduction. If the fund is up 10%, you earn 5% after tax. PM in HF - Other
+5 Also these are global IB numbers right? Wouldn’t the Americas be even worse? Analyst 1 in IB - Cov
+5 Invalid_CREdentials LooseLeaf
+5 There are known knowns; there are things we know we know. We also know there are known unknowns; that is to say, we know there are some things we do not know. VP in PE - LBOs
+5 My opinion is to go for a MBA.  That means getting your PE and “finishing” (wrapping up) your experience as an engineer.  odog @digitalimmortality.com
+5 DEL, I read this wrong. VP in PE - LBOs
+5 If you’re rich, put two beds in your bedroom. You’ll sleep better alone. If you’re really rich, sleep in separate bedrooms.  maestro_
+5 which group? Analyst 1 in IB - Cov
+5 Thank you! Some great color here but not everything is accurate. HL lost most of their senior deal makers and now have only a junior MD, who focuses more on fiber. They have barely done any DC deals. Managing Director in IB - Cov
+5 What are you looking for here exactly? Take the fucking shot. its mental masturbation to ask here for validation.  Southern_cre
+5 Imagine being an intern knowing your Associate is relying on WSO to decide whether you deserve a return offer. crazylifechoices
+5 Yeah you’re right, we should invite everyone in the world to live in NYC so we can get the cheapest delivery possible. alex50
+5 Best Chipotle-Style Options in Hong Kong: Isaiah_53_5 💎🙌💎🙌💎
+5 Plenty of firms do this.. thats how WF/Citi interns on 1.5x OT are hitting 40-50k during SA Incoming Analyst in IB-M&A
+5 If paradise is paradise, and UBS is paradise, then UBS is paradise geonome
+5 I've posted about this in the past so you could see my position on this subject matter. YoC is usually compared to the cap rate to figure out how much of a premium that you're able to get by building vs buying. CRESEA
+5 On a deal we're selling, we have pushed back first round bids multiple times. I suspect we will just pull it soon. BestPizza
+5 wtf. IBCM? Analyst 1 in IB - Cov
+5 Analyst 2 in IB - GenNot surprising, UBS isn’t even top 20 in the Americas Managing Director in IB-M&A
+5 Yes - and one of the best ways you can position yourself is to be a resource on how to leverage it in a business context. Addinator
+5 Being reliable and responsive are the biggest factors as an incoming analyst. When you first hit the desk, no one expects you to be top bucket material as you are still ramping up and learning. zoomizoomi
+5 Finance.   Ozymandia
+5 Lots of secondaries and smaller VC primary. Has an iffy rep for interns bc half of them do jack shit, but other half go on to top banks and are pretty cracked Intern in ER
+5 As someone who has received offers from A&M multiple times, I can say that the vast majority of their analysts are not year 0 experience wise (meaning they are not straight out of UG). Manager in CorpFin
+5 "How does the fall of Constantinople affect Lebron's Legacy" ahh post RestIess
+5 Yes, comments here are largely accurate for BofA teams globally. London can still be strong in a few groups, but very group dependent. thunderbird_neo
+5 Go do something legitimate with your life. PE is a joke industry, the American public is starting to learn how much damage PE has done to society. Analyst 3+ in IB - Cov
+5 not remotely true. I've seen tier 3 rx co guys go to hl. it's self selection if anything since most of them either stay long term/ chase the cfo exit Intern in IB - Cov
+5 Ross by far if you value any form of balance in social life. Getting into a decent club/b-frat sets you up well for recruiting. artred76
+5 That’s what I’ve historically seen. I agree that the original proposed structure is a bit convoluted but we have been working through some clarifications to get the best deal done within the existing framework.  FutureCEO3
+5 Unlike the other B4, KPMG never acquired a Strategy brand; I believe they were a finalist for Booz way back in 2012-ish but lost to PwC while EY acquired Parthenon and Deloitte acquired Monitor. Canadiens16
+5 Yea that’s the point. Welcome to wso rolo25