Highest Ranked Comments In The Last Year

+5 Former PM ($1B AUM) here. It isn't the calendar. It's the conversation. stockpitchlab
+5 I’m in a similar place and very strongly considering quitting post-bonus and just go until I run out of cash (100k). Associate 2 in IB - Gen
+5 Nice anecdotes but your friends all just got really lucky on equity upside, which is obviously "high risk" relative to going the IB/PE/BL route. PrivateTechquity 🚀🚀🚀
+5 Yeah that’s how a country works lmao. The audacity of entitled foreigners good lord  Associate 2 in IB-M&A
+5 Blockchain and/or digital payments are more a tangential story here - though there certainly are firms who are buying banks for their charters and/or trying to re-position themselves to take advantage of the fervor around Addinator
+5 It’s just a growth area for WF. Has been for a while. It’s a super competitive space and we’ve always been waaay down the league tables. A few years ago we were like 30. Now we are higher, prob around 15. Works at Wells Fargo
+5 You're about to graduate with $1M in your PA, why are you worrying about near term earnings?  Determined
+5 This a great thread to demonstrate how much being in the right place at the right time impacts personal wealth. It's not pure luck, but it's more luck than skill. Anonymous Monkey
+5 Yeah this is the ultimate definition of a virtual non-issue. There are a total of ~730k H1B holders in the U.S. compared to an adult non-senior population (18-65) of ~250ml. hedgehog9
+5 "Why are Americans getting increasingly upset at elite schools giving away top jobs to random foreigners fresh off the boat" is one of the most tone deaf takes I think I can recall ever. VP in IB - Gen
+5 I grew up upper middle class and the middle class white bois are some of the most uninspiring group of ppl I have ever met. Maybe the constant media bombardment of white guilt has something to do with it. Analyst 1 in IB - Gen
+5 Zero connection with Indians or Asian heritage here but this’s embarrassing. gelato_cuspids1d
+5 Under Rule 8210, FINRA can compel a member firm and associated persons to provide documents, electronic information and sworn testimony. Managing Director in IB - Cov
+5 How long are you into your career, and what is your risk tolerance? The LO AM situation is a yellow flag at best in my view - it's a clear workaround to get cheaper offshore resources for a US based fund. Addinator
+5 if you focus on career stuff whilst being an oxford student, you will have by far the best access to top tier jobsyou can make the roi extremely high Analyst 1 in IB-M&A
+5 oxbridge fell off hard after COVID LSE Imperial and UCL have improved year on year in recruiting Culture at those unis are much stronger as reflected in the assessment centres I've been to Prospect in IB - Gen
+5 Embrace it and disclose it in your chats or interviews. People will understand that it is something you can’t control. Principal in PE - Growth
+5 (1) "You did not comprehend what I wrote." No. I do understand everything you said in all material regards. jl12
+5 Anybody who has gone to a school with high-volume corporate recruiting has seen the nonsense that goes on arbjunkie
+5 Analyst 1 in IB - Cov der_held
+5 DuckDude2727Entitlement reform is the only way to realistically fix the deficit. Ozymandia
+5 It is so funny to watch you repeat the same talking points we've been hearing since Reagan. Ozymandia
+5 European Masters students (slightly older and much more experienced than 19-20yo undergrad) are much easier to hire given they've already been trained and taken internships in their home countries / Frankfurt/Paris/Mi Analyst 1 in IB-M&A
+5 This is one of the few industries in the US with Associate 1 in PE - Other
+5 With a low gpa, LSE is very difficult. They're strict on that, even though they take kids from much worse schools than your undergrad with no relevant experience.  Analyst 3+ in IB - Cov
+5 No one in the US wants to go to India Intern in IB-M&A
+5 Got a ton of 'reps' but didn't even pick up the third parties? Lmao. Developer in RE - Comm
+5 Having seen these renegotiations with SMs happen the general approach has been that if LPs still believe in founder/strategy they will agree to ~1/2x performance fee up to new HWM + continue to pay 1/2x until they're "made PM in HF - Macro
+5 Thanks for the questions! Investment Analyst in AM - Equities
+5 100%, but the war isn't going to go on forever, and supply is now flipping the other direction (though I think will be higher than many multi guys like to believe, it will still be well below average for a bit of time here Assist. VP in RE - Comm
+5 Former employee here, I wasn’t directly part of this group but interacted with them and followed the platform closely. Director in HF - Other
+5 I went through something similar. Pod blew up after 3 months. And things got tense between me and my PM during the drawdown. Macro Arbitrage
+5 This firm is a dumpster fire - Consumer and Industrials are both dog shit, tech and FIG aren't much better. The culture here sucks and recent bonuses were god awful. Most people are trying to leave if they can. Analyst 2 in IB - Cov
+5 Pack it up unc the new gens don’t have it like this Intern in VC
+5 Kudos to your for realistically evaluating your current outcome while also thinking of a future path to a better outcome...I can respect that. Research Analyst in AM - FI
+5 Not much else to add here other than "bad". losing interest
+5 This is why I turned down a MM PE offer for a lower paying series A role but I foresee greater opportunity to be in environments where great economic value is being created that I can capture. Analyst 2 in IB-M&A
+5 Congrats on PIMCO! Benson Says
+5 You are correct. The first version of my system was live when I posted that comment. TheorPhysicist
+5 You have to be absolutely sure you can make it in BUDs; otherwise, you are an undesignated sailor who is chipping paint. 18x is a lot more seasoned guys. MeltedIceCube
+5 Literally this. IB and all this BS is just a job and ppl who say otherwise r coping. Intern in IB-M&A
+5 Yeah as someone who went PE -> CD I think there's some selection bias at play here. 200k or below is pretty standard if you're coming from under VP level. Associate 2 in PE - LBOs
+5 Honestly, as a European candidate who had to take on 3 internships in banking with 1 at a top elites boutique before landing a summer in London, I feel fairly confident in saying that most of us follow this path because se Crib22
+5 Totally agree with this. Life is just a reflection of what you think. If you think you are a man like Stalin or napoleon. You will naturally over time have the world reflect it. It won’t be easy but it can be done. Analyst 1 in PE - LBOs
+5 Don't do a MFE it is a waste of time and not looked upon favorably. If you went to a top school and have the right skills apply directly. PM in HF - Other
+5 The other commentor is being unnecessarily rude, I'll try to be more helpful; That being said, superdays will start in January for most banks, so you would need relevant experience by then, which I would imagine is impossi darlkjuhg
+5 Goverment buys a fighter jet: public good. You can't buy one, I can't buy one, but gov't can buy one to protect both of us. Ozymandia
+5 And yet you've been saying the same bullshit for like a year.  If the new model is always better, how is it you speak in the same glazing tones about each iteration? Ozymandia
+5 This comes up every year, but at least looking at it from a student life perspective, I disagree with the sentiment here.  Analyst 1 in HF - Other
+5 There is a small haircut on comp at the junior level to M&A that continues to widen as you get more senior. The compensation ranges below are approximately street for TC: Associate 1 in IB - Gen
+5 Honestly I struggle with this myself - I would suggest just taking it easy on yourself.  You mentioned you exercise and you have read the self-help books. First_Lien_Larry
+5 That's not how anything works. I know I was top bucket because we all shared our bonus numbers and the rating we got in the group.  Analyst 1 in IB - Gen
+5 My girlfriend works there and always gets pretty bad bonuses relative to her friends at other banks VP in IB - Cov
+5 What if BofaA just tells everyone they are top bucket Analyst 1 in IB - Cov
+5 They probably don’t give a shit. Don’t take it personally Intern in IB - Gen
+5 My roomate at UBS who was upper-middle bucket got paid more than me as top bucket at BoFA. It's not historically bad, BoFA is way worse. Analyst 1 in IB - Gen
+5 You’ve reached enlightenment Intern in IB-M&A
+5 One of my first corporate jobs was for a Japanese bank in the 1980's.  Our offices were at the World Trade Center and it was very Mad Men, in a number of ways, in that we sat in rows of desks, no cubicles. InfoDominatrix
+5 IU Kelley strikes again Associate 1 in PE - Other
+5 There’s two perspectives to this: Principal in PE - Growth
+5 Spent 6 years in finance. 3 in IB and 3 in PE. Overall, invaluable experience since it taught be how to be professional, think about business fundamentals and risk/return. Analyst 1 in Consulting
+5 I had to chuckle when you said you thought DOGE was going to be effective and fruitful. Lol. Smoke Frog
+5 Its levfin groups compare to others the same way TD itself compares to other banks. Mediocre bank = mediocre pay and deal exposure = mediocre exits. Smoke Frog
+5 I’m trying to pivot from private to public markets and curious to see if anyone who made the same move and regret it? Love to hear your stories. Ventimacchiato
+5 Just want to clarify, I get that this requires money and backing but not really what I want to emphasize. Teller in PropTrad
+5 Have worked in IB, Consulting, Corp Dev, and Corp Strat. In general (yes there are some small exceptions, ~2% of the time), M&A and IB work is far more "technical".  Deal Team Six
+5 Successful: MDP. Unsuccessful: Apollo and Vista. VP in PE - LBOs
+5 I’m currently working at a smaller shop in that $1B-$10B range as my first job out of undergrad. CREMonkeyz
+5 HEC is better for recruiting so if you don’t have experience choose HEC.If you have experience you can still land an internship or off cycle at lse just be slightly harder as your facing more competition. huhhghhbbgghhh
+5 seems Henry Kravis liked it GS under Blankfein
+5 I agree with what was said here, specifically, your process sounds to be fundamental alpha oriented and every tom dick and harry swears by it that they can pick stocks better than the next guy. Analyst 3+ in HF - Macro
+5 Yeah agree on all fronts. Lazard seems to want to trade places with Solomon partners. Analyst 1 in IB-M&A
+5 the asian chick? Prospect in Non-profit
+5 I’m one of these guys and I personally just want to delay my entry into the job market as much as possible, to travel and enjoy my last years of liberty. Paolo785
+5 It is a deferral, so it's not taxable income to you in that year. It will be in a future year and very likely it'll be capital gains not ordinary income.  Principal in RE - Comm
+5 DO NOT do a chief of staff role. You’re a glorified EA and the skills do not transfer anywhere. If you go to an operating role, pick a functional area and do a specialized job(product, ops, finance) in that area. Associate 3 in PE - LBOs
+5 Ozymandiaodog @digitalimmortality.com odog @digitalimmortality.com
+5 Hahaha 2 hour 3-statement test for an intern is a complete joke. Should tell you a lot about the place you’re recruiting for. If you can do it kudos to you - I know senior bankers who can’t do that KageSelly
+5 What was your point in adding this comment ? Analyst 1 in PE - LBOs
+5 I also have a stutter. Like yourself, I initially hated doing coffee chats because I didn't want to appear "awkward", etc, and had some rough moments. Analyst 2 in IB - Cov
+5 NoEquityResearch CRE
+5 sams3 PM in HF - EquityHedge
+5 I haven’t worked with them directly but worked with Moelis FIG. Hags28
+5 Bump for my prescience IRR you ready to rumble
+5 In Europe? Probably industrials I'd say. Incoming Analyst in IB-M&A
+5 Ownership remains at a relatively consistent basis because that is in general what people want.  PEarbitrage
+5 Don't worry, someone is bringing some over from 1251 Avenue of the Americas. The_Fisher_Account
+5 The real thing IB teaches you at a high level (albeit from a very optimistic angle, since you're selling a service and don't want to piss off your client) that's actually helpful for PE is primarily twofold: 1) h VP in PE - LBOs
+5 As with most of these things, it depends. PM in HF - Macro
+5 Can confirm, great place to cry  Analyst 1 in IB-M&A
+5 decades ago at least you worked hard but you also had some bits of fun and laughs during the day to destress GS under Blankfein
+5 Hey mate, thanks for the question Without knowing exactly what you’re doing, FICC/DCM roles definitely give you good exposure to corporates and markets. Deal Kangaroo
+5 Lmao  Analyst 2 in IB - Cov
+5 You wouldn't get an F on a school assignment that's 95% done, that's an A by definition of how grading works. And this isn't school anyway, there's no answer key in PE. VP in PE - LBOs
+5 Agree and disagree. Agree in the sense that DEI has taken massive L's but it's still alive. Some corps have stopped entirely but most have lessened the amount and changed the name. hedgehog9
+5 Someone is upset that a lot of Nigels VPs make low 7 figures and his SMDs closer to $10M… the credit secondaries bankers that got traded around the last year? ravena
+5 Funny enough I know Adam Steinberg, new Stifel group head, from my time at Moelis. He joined Moelis right as I was leaving but there was some overlap. Hags28
+5 There is structuring, but the guys that are really doing it in an interesting way are the pref providers not the equity providers. ravena
+5 Oliver Clowseoff at point72 Anita Bath at millennium Drew P. Wiener at millennium Yuri Nator at walleye Lee Kee-bum at ballyasny - stud trading the Asian semis Works at Morgan Stanley
+5 I'm an analyst at baird A&D just waiting for my phone call any minute now. Can't wait to say I work at an EB!  Analyst 1 in IB - Cov