Highest Ranked Comments In The Last Year

+5 Ex-MBB here, spent ~10 years there and now in tech. I’d take Jane Street, and honestly I don’t think this is that close. Ex-consultant in Tech
+5 Senior VP here and came up as an Analyst. Job gets harder (intellectually, socially and politically) and more stressful with every step up. Evianstone
+5 Repeating a reply as a comment for wider exposure… Associate 1 in IB - Gen
+5 Your flat is 1,500 quid? Very nice! Associate 3 in IB - Cov
+5 people are not "targets" and "non-targets." there's an analyst at my firm who went to Princeton and seems like he's got it all together - nope. Intern in PE - Other
+5 This happens all the time man. This is the real world / how life works. I agree with the others, you signed the commitment to non NYC city and there is likely no option to transfer until that [2 years] is completed. Associate 3 in PE - LBOs
+5 Why do you need a “differentiated” skillset? You’re entering a job where thousands of other people your age do the exact same work. If you want to do private equity, then you can’t beat an m&a skillset. Associate 1 in PE - Growth
+5 There is nothing more american than immigrating to this country and working long hours for below-market wages to build a better life.  Associate 1 in PE - LBOs
+5 Holy UGC. Congrats on ParibusPrep! Analyst 2 in IB - Gen
+5 FWIW I actually think this is less bad than it could be.. where your director copies and pastes your email to send up the chain instead of forwarding (i.e. so it doesn't have your name on it at all). SPYShorts
+5 creating a burner account to rhetorically respond to an intentionally wrong and sarcastic and rhetoric naming convention is peak pedigree behavior  mtnmaster1
+5 Associate 2 in IB-M&ALev Fin ain’t IB. You sure you are MD  Lending is what commercial bankers do Managing Director in IB-M&A
+5 great, another international coming to UBS Associate 2 in IB - Gen
+5 Lifetime New Yorker here, grew up in Manhattan below 96th Street. C.R.E. Shervin
+5 also definitely practice real questions like this website has here, repetition is key! If youre gonna practice might as well use previously asked questions Froggo
+5 Not really. It’s a brand new holiday and this is a culture where people are reluctant to give any days off they don’t have to. The first Juneteenth I didn’t get off and nobody realized. Got it off this year though. local_finance_bro
+5 Lol my reductive take is that somewhere around 70%+ of private credit raised is for sponsor-backed portcos. DBLBonds
+5 Xhamster02Maybe RE expanded too hard post covid and now there’s a hangover effect in the industry MultifamilyGuy
+5 I used to use ChatGPT, then CoPilot was the only AI allowed at my old bank, and now my current company has gone all-in on Claude. ImagineSisyphusHappy
+5 I'll skip answering (1), since you aren't really looking for an answer there. (2) Mothballed, right? That probably has to be the answer for the foreseeable future. CRESF
+5 Honestly as someone who grew up solidly middle class, albeit with a very privileged background (full financial aid package to top day school as parents valued education) and a LAC degree, banking has catapulted me up a soc Associate 2 in IB - Gen
+5 Almost everyone has something like this happen at some point.  If it's not a rescinded offer in college, its a potentially career-ending layoff at a time when nobody else is hiring for the foreseeable future. Dr. Rahma Dikhinmahas
+5 Solid firm. PrivateTechquity 🚀🚀🚀
+5 You sound defensive, take a xanax Paul_Owen
+5 Anyone who is saying baml clearly has not worked at BofA meaningfully anytime recently. In no aspects is baml better than PWP as a junior banker.  UBSRising789
+5 I wanted to reply because I recently made a post about this topic. I still keep in touch with some of my high school teachers 7+ years later (crazy right). Greenspan's Panties
+5 Definitely not Fund I investors... blueoceanwave
+5 Another amazing example of an AI booster with absolutely nothing backing up their shitty opinions. Ozymandia
+5 (1) "Would it be fair to say your perspective on a superior approach to modeling is more akin to Monte Carlo simulations vs the DCF approach?" jl12
+5 I can’t really speak to Muay Thai but I disagree on BJJ vs wresting for MMA. Geralt of Rivia
+5 Their returns are largely mark to model (even their public stuff in many cases) and IRR for opportunistic credit isn’t a good metric. Managing Director in HF - Other
+5 Re: creative structures - I think complexity is kind of overrated. It’s funny because when I was in college I thought understanding complexity equated to capability. DBLBonds
+5 As an international who came here for undergrad and now working in PE DO NOT DO IT. You will be fighting for your life in the H1B lottery after you graduate. Associate 1 in PE - LBOs
+5 It’s a pretty common thing to do bro Associate 1 in RE - Comm
+5 Oof, seeing mid career and then graduated 2021 is a painful visual. For your sake, take a deep breath and contextualize your situation. You are still very early in your career and have plenty of time to figure this out. VP in RE - Other
+5 Intern in PE - LBOs
+5 i think you're right to an extent that the $1tn+ AUM funds cant possibly beat the market by preferring one mega cap narrative over another but you're wrong to think that there is no potential alpha / differentiation to dis Research Analyst in AM - Equities
+5 Analyst 2 in IB-M&A Managing Director in IB-M&A
+5 Last real summer you'll have for a while, use it. Travel somewhere that actually requires effort to get to. Get in shape now because you won't prioritize it once you start. greenlithq
+5 Wells Fargo An1 $60k Analyst 1 in IB - Gen
+5 Comparing siegecraft to iterating discussion materials.  Helpful to see that your original point, already a bit sad, was actually informed by delusion. CharlesCheese
+5 WF AN1 Top Bucket 70k Analyst 1 in IB - Cov
+5 I think there are a lot of outliers being posted here. If you leave PE after an associate program $175-225K cash + equity for a manager / sr manager / associate director title is likely where most of you will land. Associate 3 in PE - LBOs
+5 We are all forced to give to public education. Why would anyone voluntarily give any more to that mostly failure of an endevor? We had a successful education system in this country 50 years ago. PEarbitrage
+5 My firm has started rolling out Claude and it's definitely a big productivity boost. It can create pretty nice-looking dashboards and cuts of data that would've otherwise taken me hours to do on my own. Lester Freamon
+5 That's exactly why I said it's easier said than done. QoE's can only accomplish so much when the base information isn't reliably kept or made consistent year over year. Senior VP in CorpDev
+5 I'm pretty sure it's free, but there are premium options as well if you need additional features. roman2660
+5 There is absolutely zero concesus here. I do a rolling yield on cost. So all capex, fees, etc.  pudding
+5 Analyst 3+ in HF - EquityHedge RCJ92
+5 . Analyst 2 in PE - Other
+5 Even MDs cry, this place is awful Prospect in IB - Gen
+5 I’m a guy and I cried at least 2 times a month when I was there. People at UBS aren’t treated like human beings and my life has improved so much after leaving. Analyst 2 in IB - Cov
+5 These answers are overly complex (typical of hardo nerds on WSO). In fact if I saw someone do this gymnastics and academia to answer the question I’d ding them to prove the point they aren’t grasping the big picture. Associate 2 in PE - LBOs
+5 Is Barcap also sliding down? Perception-wise they are middle bulge, but fee-wise they are further down Prospect in IB - Cov
+5 When a senior person invites you to something (coffee, lunch, a site tour, golf, whatever), say yes. CRE Credit
+5 Seen his content. Overall, I think he does a great job illustrating where mid-levels (including recently minted principals, MDs, and partners) may actually end up cash strapped or upside down. VP in PE - LBOs
+5 How so? Prospect in IB - Gen
+5 Can we have a list of firms that do this? Inexcusable. Poor interns. Who wants to grade those anyway? Analyst 1 in IB - Gen
+5 Not BB not EB not MM they’re in their own category but still closer to MM Analyst 1 in IB - Cov
+5 come to HL if you want to be underpaid and fat. 20$ lunch + unlimited snacks/drinks babyyy. Houlihan is basically the witch from hansel and gretel fattening up the kiddies to eat them Analyst 1 in IB - Restr
+5 I strongly suggest that anyone who wants to understand these revisions in more context reads this (no paywall): natesilver (dot) net/p/trumps-jobs-data-denialism-wont-fool Wish_I_HadTrustFund
+5 I've spent the last two months in Claude building a new multifamily pro forma using bits and pieces of all the pro formas I've used in the past. TheFranch7se
+5 What is funny about this chart is I know a lot of the associates and VPs here working with them on deals and my rating of them is not Lehman’s. Managing Director in IB-M&A
+5 It’s a good point - you got to elbow your way in to originating somehow and spend enough time in your day playing the “next MD” role without stepping on toes or compromising on your regular deliverables. Managing Director in Private Credit
+5 I would suggest you first spend some time in your new job as you may find yourself liking privates much more than you expected and "exits" may not be that much better (e.g. Investment Analyst in HF - Other
+5 To expand on my prior comment above, I definitely went overkill by buying two high end laptops, and I think the best solution for this for any college student in finance who is really just considering a Windows computer fo Mr Incredible
+5 I'll throw my hat into the ring as a software engineer that actually understands how AI/ML works, especially LLMs. So buckle up for some hard hitting reality. Matchabee
+5 taking a very cursory look at it as an incoming fig analyst- all IBs grew after the election in anticipation of more dealflow then dropped after tariffs, with rebounds happening recently.  Incoming Analyst in IB - Cov
+5 Getting sucked into Muay Thai and BJJ is the most common error I see in beginners in MMA, and it really hinders them from developing any real skill. Risk Weighted Ass
+5 It’s the big 5 in Toronto, there is always an intern quality issue Intern in IB-M&A
+5 lol at my MM firm VP (esp VP1) does everything. anywhere from banking analyst to senior principal. You have all the responsibility/blame. Dnt get the credit. only sometimes have junior resource. Associate 3 in PE - LBOs
+5 Just want to throw out a nice FUCK Alexander Chapman recruiters. Do not engage with them whatsoever.  Works at CBRE
+5 Dgjauwvwbsj CRE
+5 My top line revenue is in line with consensus but I can also flex it down. Consensus doesn't model the KPIs to the degree in which I have as well. Do you know what's the magnitude delta vs. Associate 2 in PE - LBOs
+5 Gonna be honest, both of you have some rlly good points. Associate 1 in IB - Restr
+5 Have you actually read research papers? Like, people trying to make these models cheaper. usernameladiesman217
+5 BritanniaAmericana alt? This is a kind of retarded claim imo. If your goal is IB in London, ‘Oxbridge’ lumps the two together for a reason. Pretty much the same across Europe. Associate 2 in IB - Cov
+5 Dude AI is here and it’s the future. I bet you old architects were saying shit like this when Autocad came out. patrick_bateman_
+5 Again you and your compadre / alt accounts can’t read. I haven’t said a thing for or against this or any other firm which turns me to you.  Associate 1 in IB-M&A
+5 Good question, this is something most people overthink at the beginning. Kevin W.
+5 Just one perspective: analysts at Truist work brutal hours. 80+ hours a week, week after week. No respect for protected Saturday, no respect for protected weekends. Associate 1 in IB-M&A
+5 I'm having this same internal debate daily. Would describe my situation/seat in a similar manner. What I'm wondering is given macro level themes resulting from Covid i.e. pajero
+5 The only good thing about AI so far is that it’s weeding out idiots like this much faster. liquidiot
+5 Wasted 4 years of my career at UBS. Closed 0 sell sides. Dont join UBS Analyst 1 in IB - Gen
+5 Agree that when you take a back look at PE performance, returns dispersion is high and some star performers who it can be attributed to. Analyst 1 in IB - Gen
+5 Determined"they don’t dominate for pleasure"Dolphins would like a word.  Isaiah_53_5 💎🙌💎🙌💎
+5 It definitely won't be modeling automation that replaces junior finance people.  Now if the AI is going to do a lot of other tasks too, then that's a conversation. Dr. Rahma Dikhinmahas
+5 20 different editions of rich dad poor dad Intern in IB-M&A
+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 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 “Why am I right and all the banks are wrong?” user_5991
+5 Congrats on mechanical engineering! Prospect in IB-M&A
+5 You are actually right—different times for those goals. Principal in PE - Growth
+5 Amazing that base salary is the same amongst the two as well. rolo25
+5 Congrats on pack of gum! Intern in IB - Gen
+5 My experience thus far has been that the mindsets in these two industries are very different. Esque_
+5 To OP’s point, I think a lot of random “bullshit” middle-manager jobs are gone in the next 10 years. Fjsjrjdns
+5 CVP first tier, GS JPM Evr Laz and Citi all in second tier. Most teams cross staff between ny and sf for deals but majority of seniors sit in ny apelife
+5 nice problem to have Prospect in Consulting
+5 both junior and senior people have been known to cry in the bathrooms. No one is happy and everyone is stressmaxxing Analyst 1 in IB - Cov