Highest Ranked Comments In The Last Year

+4 I’ve been disappointed since starting in IB, everyone is walking on eggshells all the time. t4rd
+4 This sounds less about AI and about your director usernameladiesman217
+4 Am at a UMM firm doing tech investing, did recruiting in 2022, so take with the usual YMMV.  Associate 1 in PE - LBOs
+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 Excellent counter-framing perspectives. Not going to add materially substantive thoughts here but I think you get to the heart of the issue with "squeezing every last dollar out of an asset".   StillNomad
+4 I feel like this has to be rage bait lol. would love to hear how bauposts PG&E subrogation trade was simple compared to rolling up performing HVAC companies and dental offices. SSG Credit nerd
+4 WF HC Prospect in IB - Cov
+4 I came first at that Olympiad, will apply as well and mention it - that way you get caught. PaulAllensGlasses
+4 You are so pathetic.  hutcointraders
+4 SaaSChimpOk helpful. Two more: Associate 1 in PE - LBOs
+4 I’d think about this less as “do I want to be a data center guy forever?” and more as “what career capital do I get after 18-24 months?” For a first analyst role, the job should ideally give you three things: real reps, a Ex-consultant in Tech
+4 Something like 75% of this message board voted for Trump. You’re in the wrong place if you want to hold child abusers to justice.  IsItREPE
+4 Open secret at Veritas is that Ramzi is your gf at all levels including partner. The partners and thus every level below him will bend to every whim. Associate 1 in PE - LBOs
+4 The reason they can't afford rent is a series of socialistic housing policies, the spread of public and affordable housing squeezing supply to the point that only the rich can afford open market apartments. streetstreeter33
+4 I’d think less about “Claude vs ChatGPT” and more about chatbot vs coding agent. Examples of small local workflows around repeatable analyst work: Ex-consultant in Tech
+4 This all happens from 8-8:15am. The rest of the day is this exact sequence of events repeated 96 times for 12 hours straight. crazylifechoices
+4 Used to love to go to the casino, find the most asian dude at the baccarat table, bet against him every hand, and then place winnings on 0dte otm spy calls - is that not possible in IB? usernameladiesman217
+4 There was a guy who puked on the Global Head of FIG during a super day. He was blacklisted but also a legend  Managing Director in IB-M&A
+4 Can this pls be pinned or something BoweryScumbag
+4 To rephrase your first question as "are all IB roles better than every PV role?", I wouldnt go that far but I would still give the edge to bankers.  tsunami0
+4 Mention AI and that your team only hires absolute rockets as property managers in your pitch decks. Traderade
+4 Could crank your hog twice as much IsItREPE
+4 IsItREPE
+4 DoW + Bankers = should be AMAZING culture! Investment Analyst in PE - LBOs
+4 A la poubell LockedIn Bezos
+4 Final thoughts; One useful way to think about AI readiness is through the lens of physical infrastructure. Ferris Bueller
+4 Yeah for sure, I had 4 interviews with directors and up. These were mainly fit interviews as I already had technical interviews prior with VPs. In these interviews, the seniors are mostly trying to understand your story. johnb2001
+4 I think the disagreement comes from how we define “wealthier.”  suu
+4 It’s more important to look at total comp imo. It can vary depending on how base + bonus is structured. There are some where base for a 1st year associate could be $130-140k (pretty sure Metlife falls in here). badger22
+4 Boomer take lol. I understand why you say this as a PM who needs to shell out the fee, but HHs are not negative value. Benson Says
+4 For sure, he totally mismanaged the bank the last couple years and somehow got promoted for it Associate 2 in IB - Gen
+4 At least he isn't an Israeli sycophant. NewIndustryHorizon
+4 Luckily my firm is pretty good about weekend work. Friday's im usually done around 6ish, though of course depending on deadlines I will have my late Friday nights every once in a while. Associate 3 in PE - LBOs
+4 i made this move like 8 years ago. My three best friends from law school just made partner at V5 firms. A part of my soul dies when we have brunch and discuss comp. they are paid like NBA players.  Director in IB - Gen
+4 Exact same background as you, but recruiting right now. Have been very lucky to get multiple first rounds. Here's what I'd do differently: dicky
+4 This isn’t an argument. It’s a pile of internet conspiracy buzzwords. WSOBURNER69
+4 I'll shed some color on this. I'm a student so feel free to take my words with agrain of salt.  Substack_Guy
+4 wtf is this shit 😹  GS under Blankfein
+4 Associate 1 in PropTrad
+4 John StoneWhat a terrible topic to bring up.Should we talk about killing puppies next? WeatherController
+4 Thanks for the Chat GPT written post bucephalusbouncingball
+4 This is the story arch of pretty much every UBS MBA associate I know Associate 2 in IB - Cov
+4 Finished NY IB HV had 6 questions, 5 behavioral, and 1 deal question, only one attempt. Wasn't hard just be prepared.  Hire.Vue.Mods
+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 Getting into top investment clubs (MII, AIF, GMG) will help the most - even more than getting into McIntire. youngbuffet
+4 Man this is a tough one. Placements from both seem very similar, so I am going to look at it from another perspective. RCJ92
+4 ojapar20At the end of the day, results are results. TheFunkyMunky
+4 I transferred into uva as an Econ major and didn’t even get interviews at any of the clubs. Yet I ended up at bofa/barc and was super happy how things turned out. Intern in IB - Gen
+4 Ok helpful. Without having lived this, my off the cuff reaction is negative. SaaSChimp
+4 Hopefully you find it but in all reality I think you're going to have to adjust your expectations if you want to work sub 60 hour weeks.  VP in PE - LBOs
+4 It's incredibly disrespectful to note that amidst a breadth of MS M&A/Evercore/Stanford GSB types, there's one guy who has a different background who I say "might be a genius" and had summa grades? Associate 3 in PE - LBOs
+4 Just because it's common to be behind on fundraising and deployment doesn't mean it's a good scenario to be in. The business model of PE means it's a huge red flag when you aren't raising in 5+ years. VP in PE - LBOs
+4 Chiming in here as someone on the investment side. We have an ops team but their value-add is near zero if not negative in some cases due to friction it can create with our management teams. VP in PE - LBOs
+4 Yes, seniors in coverage are universally paid multiples of their product peers simply because the skillset is more transferable and rare. It's simple supply and demand. VP in PE - LBOs
+4 I use AI every day for coding (quant type of role) and it's scary how good it's getting, but at the same time it doesn't seem to be freeing up any time among tech teams at my work. Soros_
+4 Analyst 1 in IB-M&AWhy avoid HIG? Is it because it’s sweaty? No, everyone you work with will hate you, including the sellside. VP in PE - LBOs
+4 Not really, especially for banking. For quant or hedge funds, sure, it does make a difference, but for something like IB you expect top talent to leave anyways.  usernameladiesman217
+4 If you’re 26 making seven figures in a non HCOL city….you can fly in your dates / who you’re dating KangarooOfWallStreet
+4 It's rare for freshmen to even find internships, much less internships in a field that they're interested in. messingaround
+4 At this point my single issue vote for 2028 is anyone who takes a strong anti pedophilia stance and pledges to make a prosecution example out of anyone implicated. liquidiot
+4 2 more posts and im calling netflix Intern in IB-M&A
+4 I think it's more than acceptable to fail at your first business, good for you for trying. I have been in the game since I was 18 or 19 and I'm in my early 30s now. m_1
+4 We can say we are building dog and bird houses and underwrite that rent will grow 4-5% a year, opex only grows 2%, and there's 100 bps of cap rate compression. It's going to look great. Exec VP in RE - Other
+4 This is basic economics - think this through before refuting items not based in reality. Venturepapi
+4 Typically when you get promoted, you get topped up with more carry in a fund commensurate with your level.  kuf135
+4 I think it’s replacing associates. Frankly the quality of research is much higher, turnaround is faster, and it’s easier to tell when AI gives a bullshit answer. Partner in PE - LBOs
+4 Hours are actually pretty good, rarely above 50, sometimes closer to 40 during slower periods. The WLB at my current shop has been more than good compared to most credit roles. arw444
+4 UBS=Ur Bonus Sucks guyfromct
+4 PGIM RE is strong whatever office you are in since everyone is a generalist (I’m assuming this is the debt originations side of the business) Analyst 2 in RE - Comm
+4 Could be a timing thing as well, asking when you’re trying to get a deliverable out normally isn’t the best time but simply asking to revisit and explain the ‘why’ once things are a little quieter is normally a good compro ACATS
+4 At least there’s a free gym at 11 Madison right? Associate 1 in IB - Gen
+4 have heard horror stories about the team... Analyst 2 in IB - DCM
+4 Yup they follow the typical format - industry groups + product teams incl. M&A and capital markets. Associate 1 in IB - Gen
+4 kuf135 Ozymandia
+4 You know the AI bullshit is at an all-time high when I could not agree more with every single word PrivateTechquity wrote.  Truly the uniting issue of our time.  CRE
+4 Just to clarify, I wasn’t saying that I personally make decisions based on social expectations. If that were the case, I probably wouldn’t be in this profession to begin with. Associate 1 in PE - LBOs
+4 For a lot of people it's pride/wanting to "do your own thing". StandardHardo
+4 Non-CFA here, contemplated but decided not to pursue. xwavzevwaewnsfdmvg
+4 First off, I’m across the pond, so take this with a pinch of salt. To your question, if you work hard and genuinely love what you’re doing, you can make it from either university. Investment Analyst in AM - Equities
+4 Interviewed with a couple teams in their NY office so let me give my best opinion. Think of them like a crypto native bank, doing all sorts of things within the world. abob
+4 I got excited reading the title and was about to say “Red and Black” by Stendhal. But you are just another high schooler looking for dry financial textbooks…. Analyst 1 in IB-M&A
+4 and I'm Jamie Dimon. I'd be pissed to if I worked at BMO and had to lie ab working at a MF to make up for it lmao (btw u don't need to put "top one" in front of APO dipshit). Intern in IB-M&A
+4 Dont stress over one bad chat, its fs rlly not a good thing to give that impression, but take it as a lesson and never let it happen again. Goldfish memory next play mentality Prospect in IB-M&A
+4 The longer I do this job (8th year at a L/S HF, ignore title), the less and less I talk to sell side research. Managing Director in S&T - Equities
+4 My undergraduate alma mater is more internationally well-known and prestigious than both of Oxbridge so even if that’s true then it’s not a big deal. Regardless, what you say isn’t true. Donkey from Shrek
+4 This aged well. Have fun in Venezuela! Mike_wacczowski76
+4 1 - I’ve done ~5–6 model tests / case studies during PE recruiting. Most were 3–4hr LBOs with a few short-answer questions. Analyst 2 in PE - LBOs
+4 Hair - anything without 50 chemicals and listed ingredients you know MnIGuy
+4 Can we do a little research first and then come back. Ridgemont literally just raised a new fund Associate 2 in PE - LBOs
+4 Because the nature of the trading desk is very much different among the products.  Associate 1 in S&T - FI
+4 If you're shortlisted for a corp sales (rates/fx) type role you'll likely not be dealing with institutional clients but rather large corps (think fortune 500) with hedge programs for their overseas operations. hedgefundguy97
+4  I think about development yield spreads on a relative rather than absolute basis. Director in RE - Other
+4 Try consulting, it's more interesting.  It doesn't even have to be MBB. UFOinsider
+4 Thank you so much for this, will start interning next week in levfin! tpark921
+4 If you go all the way through the process and then reject them, that HH is probably done working with you unless you have a great reason (i.e., comp materially below market and you weren't made aware of that earlier) Associate 3 in IB-M&A
+4 As the other comments have said, it really is hard. I would also add of course it depends on your bank and group. Analyst 2 in IB - Cov
+4 Worked at one of the growth arms at one of the names you mentioned. Culture is pretty good in that I really liked everyone I worked with. From an hours standpoint you're either sourcing or executing 6 days a week. Determined
+4 You're an analyst and you are telling your team that you don't want to do part of the job? If you worked for me you would be fired very quickly. Director in CB
+4 Eros.com Analyst 3+ in IB-M&A
+4 It’s the idea that you want a narrative in the credit memo that’s disingenuous and embellishes the real story. Not a good look at all. Managing Director in IB-M&A