Highest Ranked Comments In The Last Year

+4 Thanks for posting / sharing man and I 100% relate. I've been in IB 2+ years now and this feeling has not gone away. (Sorry don't mean to scare you, its definitely just a me problem).  Analyst 1 in IB - Cov
+4 I have spoken with them, as I was recruiting for lateral positions, and I chose not to pursue. Takeaways & Notes:- Buyside oriented Associate 1 in IB-M&A
+4 5 Million is a nightmare, Greg. Can't retire. Not worth it to work.  Poorest rich person in America. The world's tallest dwarf. TheDebtStar
+4 Let’s go then with your miserable half-truths and manipulations: jbb74737
+4 To be honest, I don’t really like Poland or Polish people — but I deeply respect those who genuinely help and support Ukraine. That truly matters, and I’m grateful for it. GS under Blankfein
+4 Congrats on the milestone. I'm a Finance Manager (FP&A) but there is no Director/VP between me and the CFO, weird structure, and I actually interact with the CEO more than the CFO oddly enough. kiltedlowlander
+4 Keeping the job isnt a lot harder than getting it, pretty difficult to fire an analyst unless they royally f up. They just wont extend your contract after your two years. attempting_doingmybest
+4 Prospect in RE - Comm odog @digitalimmortality.com
+4 apparently u can't even align logos tho since u getting fired twice lmao SonicBoom12
+4 Dude. Go. This is one of those deathbed moments you will regret. VIX_Monkey
+4 Yeah, that is true. That also points to the fact that your decision here is actually pretty easy. The answer is that it doesn't matter -- Associate jobs are mostly the same at both IB and PE. Managing Director in IB-M&A
+4 That isn’t what it is. We zoomed. Sent him my resume, he said he’d set me up with a first round and to expect HR to reach out. I got lunch. Associate 1 in IB-M&A
+4 i disagree. value investing is not relative - about how fast/slow a company is growing vs its peers. Value investing is absolute. You buy something because the instrinsic value is higher than today's price Hellogarden
+4 UBS & Truist combination? Associate 3 in IB - Cov
+4 Out of school I didn’t have options to go to a big brand name MM and certainly no BB…that left me with a few options and I choose to join a true LMM firm to at least get a foot in the door. GoodAsGoldman
+4 Given they bought DBO in 2022 I would think the tech group got a massive upgrade. GoodAsGoldman
+4 Question asked in a wrong way... The right question is:  Hedi Mesme
+4 The best operators I know never talk about finance. They talk about customers, problems, and execution. Finance is just the scorecard, not the game. Hedi Mesme
+4 My evidence is based on models in which housing built and provided by the state has benefitted the population and alleviated a principal concern of modern western societies that is homeownership and affordability.  WilliamMckenzie
+4 Post on LinkedIn and tag both of them, as well as your firm. NewIndustryHorizon
+4 So why do homeownership rates across the US hover around a relatively constant figure of c.75% regardless of state and business attitudes? Also, government policy at what level? WilliamMckenzie
+4 It's not something to worry about. Speaking from experience, it just makes them look like goofballs and likely isn't gonna happen unless they're finance to begin with. PrivateTechquity 🚀🚀🚀
+4 What an odd thing to say Prospect in IB-M&A
+4 I once interviewed with Lazard London for a lateral role. They knew I already had another offer, but HR (an older lady) came in with a really arrogant lowball. Associate 1 in IB - Cov
+4 Im from Italy originally as well - If you want to work in london, pick a uni that lets you spend 1y in london (eg ESCP) because then you get a graduate visa and can work for a couple years without sponsorship  Associate 1 in IB - Cov
+4 Firm : Well known bank Role : Derivs trading, one of the best book runners of a strong desk. YOE : 11-14 Total comp 1.9m$ Very strong personal and desk performance Executive Director in S&T - Equities
+4 Really fucking weird image to post here. If you think you’re completely anonymous anywhere on the internet, I have a bridge to sell you, and this type of shit will absolutely come back to bite you. WSOBURNER69
+4 I agree the NHS system isn't perfect and isn't financially optimal with other co-pay models like Germany providing better service and value-for-money, however it is unequivocally better than the US system. WilliamMckenzie
+4 It takes a bit of rewiring how you think about the world and companies, but it's doable. For my investment style, growth and quality investing fit better. So it made sense move towards that. SReaper
+4 They’re French, they’re rude, they like snails, and garlic. All of this is well known.  Managing Director in IB-M&A
+4 tell me something you are top 1 [5%] in the world at: if you have gotten great at something -- sports, obscure hobby, arts, schoool, etc --  then you have the Associate 3 in PE - LBOs
+4 Off balance sheet refers to debt not consolidated to the company - think a JV that is 49% owned by the company, and the company doesn’t guarantee the debt - in this case, these debt are “non-recourse” to the Company. CQ2
+4 You can move from Commercial Banking to Investment Banking or Capital Markets. It is a common shift. You need a clear plan and steady networking. khan.mmua
+4 MMPM has literally no idea what he’s talking about when it comes to arb. OP here is 100% correct - arb just doesn’t work in a pod model. Analyst 3+ in HF - Other
+4 Anonymous Monkey: Lol so true. NYC and SF >> Boston for MM culture. Idk why people in boston are such dicks THL Associate 1 in PE - LBOs
+4 Yes you can transfer. You can do it in 1 year or 10. I’ve seen it all. I did if - went Leasing broker to life co acquisitions to PE firm and now at a developer. All doing acquisitions and now acquisitions and development. pudding
+4 Do you really want to work there if someone doesn’t like that you worked at a Life Co? Looking for a job is about finding the right fit & culture. pudding
+4 DB VP in PE - LBOs
+4 Given that you got final round interviews at two reputable banks, it seems that you are quite competitive to make the switch. If you keep at it, I'm sure you will break in eventually. Associate 1 in IB - Gen
+4 Really, really can’t thank you enough for this informative answer. Have a couple of qs on the back of it if you don’t mind.  Associate 2 in ER
+4 Less mentioned on here but Lone Star Funds is exceptional at industrials. zgzg914
+4 DB for sure, UBS is collapsing man Associate 1 in IB - Gen
+4 A lot of sour grapes here from banking MDs. The fact of the matter is that a middling PE partner has the same cash comp as a median banker. And then there’s a bunch of carry behind that. Principal in PE - LBOs
+4 This sucks. I was on TN economist during the first trump administration. Trading at a macro fund. When I had to switch firms, still in macro, I was advised to not use the TN economist classification anymore... Macro Arbitrage
+4 Congratulations both. Tough one, this. Associate 1 in Private Credit
+4 You should go right to the parents, not through your friend. It could take several meetings to convince them that you are someone worth trusting, and it also may never happen. Principal in RE - Comm
+4 HPS controls everything. Been doing heavy lifting in the EU DL team.  AmendnExtend
+4 yep, some people at the top, who are making millions, will literally take a candy from a baby just so they can have more. no shame, no regard for others, no empathy. Kevin25
+4 Assuming we are not entering into a recession (which I think there is a very good chance we are), the next 18-24 months are going to be a good opportunity to sell but probably a bad opportunity (generally) to buy. CRESF
+4 I think there's several things that contribute to being cultured but they can be broken down into 2 separate yet intertwined categories, which are experiences you have and how you carry/present yourself. BayStreetBarbell
+4 Never ever disrespect a veteran. Hope clients don’t give them mandates. RIP LUKENAS. Associate 2 in IB - Cov
+4 Nice I Have No Mouth reference newtown_creek_superfund
+4 I know a lot of brokers that can set up their personal corps to shield the tax but the point stands.  REDebt
+4 I had a buddy who worked at alphasights/glg and he said it was glorified cold calling/sales. starbuckssalesdesk
+4 100% agree with the above comment. I've seen people exit MBB at the 2 year mark and end up in roles they could've got after 1 year MBB. But to answer your question directly: Associate 1 in CorpStrat
+4 Edit: would also definitely do an HSA if you have an eligible insurance plan. It’s the most tax advantaged account. But don’t pull money from it; think of it as a long-term investment account like your 401k Associate 1 in IB - Gen
+4 Thank you - that's a great point - I agree with you our household also avoid eating fried chicken because we have had so many bad experiences of feeling like crap afterwards - especially with the chains. bkzen
+4 I think the biggest hurdle to becoming a competent producer is simply the knowledge, credibility, and connections gained through experience. Ricky Sargulesh
+4 Clearlake… completely anecdotal but the people I know there are dicks Analyst 1 in PE - LBOs
+4 In an extremely similar situation (ignore title). Works at Wells Fargo and Company
+4 And the other one isn’t even in IB. You’re just actually stupid 😭 Prospect in IB - Gen
+4 The fact the associate sounds like they're not willing to have your back if it comes to your review, that should be a big concern.  Business School in CorpStrat
+4 Ignore title. But I think it all depends on what you want.  Prospect in IB-M&A
+4 I'll bite (with some steps on how) Eating with a knife and fork properly (Continental style) setarcos
+4 It’s not possible. Oftentimes our clients will send us packets of sugar in the mail and schedule a zoom call where we have to eat them all, and if we don’t they go with a competitor. Analyst 1 in IB - Gen
+4 I’m seen them hint at some impressive returns (suggesting some funds are on pace to 6-7x net), and being in a number of companies starting from pre-seed (e.g. Ramp, Deel, Cognition, Rippling, Mercor). Works at Nothing
+4 Hey @Determined, about the Principal in VC
+4 Most are on the LevFin/CM side. The above comment is pretty accurate in terms of coverage function. You aren’t touching the equity side of the cap structure for company—purely credit. Analyst 2 in IB - Gen
+4 You were an Associate promoting your "simulation tool" in your last comment a week ago. skocats
+4 Redownloaded the app today to see if this forum was done being a hate group for minorities, first post I saw. Man this app has really gone to dog shit. Believe it or not People actually used to post useful stuff on here. H-1Beast
+4 I worked til 3am every other day for the first four years with no holidays. You’re right, that was way more than five hours extra. WSRaider
+4 Congrats—those are two great offers, and your self-awareness around what energizes you (market-facing, fast-paced, relationship-driven) is already a huge asset. DerivativesRiskEducation
+4 I’m sorry to say it but… they’re going to track you down and kill you :( Prospect in Consulting
+4 Congrats on the offer, I’m sure you’re excited. Investment Analyst in HF - Other
+4 Like expectancy with $20mm net worth is materially different than $1mm net worth. When health insurance (or the public payer) doesn’t limit your diagnostic options you can catch things much earlier. WSRaider
+4 I have worked on the sellside (both in sales and in trading ) and also on the buyside (in real money as a pm, but also with a short stint on the fast money side) so I am able to give a bit of perspective. monaco_monkey
+4 No, not really. Sales is critical in getting an idea, product, service or investment off the ground. Otherwise if you're not able to actually sell to someone, you're not going to succeed. Associate 3 in RE - Comm
+4 Can confirm. I def feel like I have golden handcuffs right now. WLB is really good. Pay is good. Too many vesting shares to feel good about leaving. Love my colleagues, we all get along and hangout. Works at Wells Fargo and Company
+4 Is there a legitimate reason or is does it threaten the superiority complex? Gold-ManSacks
+4 does this mean London will be the next city of choice for Canadians? Anonymous Monkey
+4 As a minority who has benefited from the post-BLM DEI wave to get my foot in the door (mainly selective insight programmes that padded my CV and, at times, directly fed into their intern cohorts), I thought individuals com Intern in Private Credit
+4 I like the property management business. Consistent, monthly revenues. You generally know what your gross revenue will be (assuming no clients leave). TheDebtStar
+4 The phrase "cautiously optimistic" gets me every time.  A prime example of how to say nothing. Turbo_Douche
+4 If you like playing sports, come to ND. There are parties just about every weekend, and they're pretty easy to find, but I honestly couldn't have more fun than I do at ND. Mr. Disagreeable
+4 Idk how culture is from the inside, but from interacting with them they are some of the most pretentious wnkers around  Associate 1 in IB - Cov
+4 I have underwritten a number of these. You should be able to model property level cash flow with leverage and a simple one or maybe two tier waterfall. Associate 1 - REPE
+4 You can also structure around it. Example: you ascertain that the largest customer contributes 25% of total EBITDA. Bass12
+4 Hold cash?  Especially if you're young.  Sell Magnificent 7 stock while they're high and prep to buy equities in companies that actually have sensible multiples with the proceeds. Ozymandia
+4 Forget about recruiter or formal job posts in the public domain. LRD4
+4 MS M&C zzzzzzz11
+4 WHERE THE JPM NUMBERS AT Analyst 3+ in Private Credit
+4 Bump. I am evaluating a land (lot?) banking opportunity. The homebuilder has presented the following terms: Director in RE - Other
+4 This is my experience specifically, but given how regulated it is/hard to get hold of (where I’m from anyway), yes. Associate 1 in IB-M&A
+4 I agree with PE people having a shit attitude in general towards people running companies or even founders at investment targets. m_1
+4 No, you did nothing wrong. Yes, you were naive. But you're 19, I was a fucking idiot when I was 19. Don't let this incident sour your world view, though. Angus Macgyver
+4 To be blunt, I think you're getting further away from your goal, not closer. Let's say you'll spend at least a year in this job, so 6+ YOE when you look to move. PE-biz-dev
+4 Super Gen A. I get the industry sucks from a work life perspective. But everyone KNOWS what they're signing up for. And the down side of that is only there with the upside. Monaco Man
+4 This isn't a lack of seats or PE is dying thing, this is 100% correlated with the many banks who have said analysts cannot accept job offers that early or they risk being fired.  Associate 3 in IB-M&A
+4 Meta, no question. If you actually wanna do something technical or entrepreneurial, that's gonna be the best route there. monkeyvjit
+4 bunch of studies on this, here one (https://jamanetwork.com/journals/jama/fullarticle/2813379) 3 years pre-PE and 3 years post-PE diffe GS under Blankfein