Highest Ranked Comments In The Last Year

+4 Intern in HF - RelVal Themaster441
+4 TD and Scotia pay and promote women for existing https://www.wallstreetoasis.com/forum/investment-banking/canadian-ib-poll Analyst 1 in IB - Cov
+4 If you would like to be a forever banker then maybe, but even then you would be much better starting your career at GS / JPM / MS. Associate 2 in PE - LBOs
+4 Corp_titan CRE
+4 I don't know why you're frustrated - you're a month on the job. Every group and team operates differently across firms so no one is really going to have a consistent answer as to a breakdown between meaningless tasks vs. RonaldBacon
+4 boring take. I didn't say "own Mag 7". if you were overweight GOOG this year you earned your bonus. "everyone is doing the same thing" yeah man it's not like we're painting the Sistine Chapel here. Research Analyst in AM - Equities
+4 My HF has been doing a lot of work in the macro space around the pound and the UK recently. It's a place with a ton of opportunity specifically because of how fucked the country's finances are.  usernameladiesman217
+4 I’ve seen it happen on the buyside but it’s rare. VP in PE - Other
+4 Similar to the other comment regarding reit. This is the difference vs private promote shop. At the REIT, you have MUCH more consistent comp structure. pere797
+4 I've answered this question so many times it's getting tiring. Clear path forward  Nobody Man
+4 ignore Nobody Man GS under Blankfein
+4 Honestly, unless you have an extremely valid family reason, I would say focus on doing great career wise and life wise in China. Jaded Rainmaker
+4 Might need a bit more background from you Nationality, undergraduate school, pre MBA career and country? Is the goal to get into pe right out of MBA or get into ib first? Do you have ib experience? olamiemie
+4 You’re not understanding that not everyone cares about doing IB. Like the other guy, I oversaw recruiting at a GS/MS/JPM and what he said was spot on. Associate 2 in PE - Other
+4 GS in general will pay slightly below market, however for top performers generally pays decently. Associate 1 in IB-M&A
+4 You must not know many healthy seventy year olds as this is a dumb take. People I know in that age bracket: fly their own plane, travel extensively, volunteer, enjoy spending time with their kids and grandkids.  guyfromct
+4 You mean the body can footage where Renee Good cheerfully tells the ICE officer, “That’s fine dude, I’m not mad at you?” Yeah bro, totally seems like an angry “domestic terrorist” to me 🙄 CntrlShiftDown
+4 On the point about partying too much I think a big distinction can be made on when you start partying. Pokemon Master
+4 PM here. Day to day tasks on the debt side are largely around collecting financials and running DSCR/LTV calculations. Nothing too crazy. Then quarterly we do write ups for management and its nothing too hard either. VP in RE - Comm
+4 dox him here bro let me teach him a lesso Analyst 1 in IB-M&A
+4 You think people who devote nearly all their waking hours of the best years of their life in the pursuit of money… believe in god?  jaxcut4
+4 As a reminder, we are spending 1 billion per day.  Ultimately, this war is funded by US citizens.  This money could actually help Americans with things like health care.   financeabc
+4 I also went through a crazy amount of processes, was super burned out and worn down. I fully agree with everything your saying. Associate 1 in PE - Other
+4 i guess dude but i'd rather choke on a sausage Intern in CorpStrat
+4 I’m at a credit fund, but any pension fund investor that we meet for LP capital is a cross asset class allocator. CRE Credit
+4 For what it’s worth I got a very average to below average review during my first mid-year review. “Needs more reps” “Still developing” etc. ROCKYBALBOA83
+4 Congrats on UBS! Associate 1 in IB - Gen
+4 you must be feeling really smart now huh thebigsnort
+4 Hi Marco, Quit whining, start deal making. Thanks, Fellow banker VP in IB - Gen
+4 Go to ASU. Football team isn’t half bad. Girls walk to class in bikini tops for 70% of the school year. Roof top pools at all the apartments. Easy classes and non hardo classmates. Intern in IB-M&A
+4 Really not all that awkward; you'll see once you actually start how people go about doing it. Echoing the above, you'll usually ask in person or message them, depending on how busy and large your team is.  Prospect in IB - Gen
+4  they are the relationship managers - what this means on a junior level is they have better WLB because the juniors barely do any work on deals relative to other groups. Analyst 1 in IB - Cov
+4 It definitely has an impact at my bank, though reason why is kind of dumb. They just have a bunch of people sit in on it, and these can sometimes be people who you didn't interact with all summer. Analyst 2 in IB - Gen
+4 M&A is a total nightmare in terms of working hours and culture. It’s so sweaty and the mid levels are so toxic. Associate 1 in IB - Cov
+4 When I was your age I was chasing tail on campus, not posting odd questions on WSO. Go outside. Associate 3 in HF - Event
+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 Because I said so Pro Veritate
+4 Dude. Go. This is one of those deathbed moments you will regret. VIX_Monkey
+4 7% and $500 per lease is for 4-20 unit multifamily/SFHs. I don't deal with that but I'm guessing 200 units is a decently large operation and probably isn't a one person job.  cragfar
+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 I’m sorry to say it but… they’re going to track you down and kill you :( Prospect in Consulting
+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 Do Wall Street guys have brains anymore? You are comparing a set of all employees, including mid to late career workers, to 23 year olds with broccoli haircuts.  CRE
+4 "My firm recently switched over from an inferior data/software platform" -> just say it's Refinitiv Eikon brah. Quant in HF - Other
+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 I had to involve an employment lawyer on persistent harassment despite being a top producer. Associate 1 in PE - LBOs
+4 Also i think this post is a stealth ad… it would be straight up retarded for someone making ~$415k at a UMM pefund to go to one of these companies.   Associate 1 in IB - Cov
+4 4 is too harsh. I wouldn't say don't trust others, but more like don't disclose vulnerabilities or disclose emotional takes. Otherwise sure, grab some beers, go do some sports together, have some laughs, etc.  GS under Blankfein
+4 Wow i'm surprised Leerink's healthcare services group really ranks that low on the broader healthcare rankings. Analyst 1 in IB-M&A
+4 Former Leerink junior here. Take that healthcare services associate’s pitch with a massive grain of salt. Analyst 2 in IB - Gen
+4 Currently an ASO1 in NYC but long term plan on moving back to my hometown (T2/3 city) where there are only a handful of MM/LMM PE shops, much less those with openings. Associate 1 in PE - LBOs
+4 This sounds less about AI and about your director usernameladiesman217
+4 That's exactly what I thought too. Culture matters way more. Mr. Disagreeable
+4 You’re absolutely right. If this is your view though what career choices do you make now? Partner in PE - LBOs
+4 Meta, no question. If you actually wanna do something technical or entrepreneurial, that's gonna be the best route there. monkeyvjit
+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 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 Are you 100% set on distressed. VP in Research - FI
+4 This is so spot on. Associate 1 in IB-M&A
+4 they also dont give A- grades, its just A+, A (both are 4.0) or B, so easier to get close to 4.0 if the curve is 82% (80+ is A), whereas other schools like UofT/UBC/McGill curve to B/B+. Prospect in IB - Gen
+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 Do you have friends at any of the banks that can give you honest feedback? Certainly an element of luck but with your profile and that many interviews, one of the banks should have converted.  Associate 1 in IB - Cov
+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 Ignore title. But I think it all depends on what you want.  Prospect in IB-M&A
+4 hec afm I'd not recommend it since it's only 10 months. The outcomes are not as good as their MiF or MiM  Goj5979
+4 IB12344321: Any insight on TMT? Analyst 1 in PE - LBOs
+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 I don’t mean to say software PE is dead - I think the playbook needs to change. Note that we don’t do that much in software these are just observations as a user and general PE investor Partner in PE - LBOs
+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 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 LevFin veteran here. Summa101
+4 Associate 3 in RE - Comm IsItREPE
+4 They’ve hired a bunch of guys too, not sure why they are in such a funk Analyst 3+ in IB - Gen
+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 Congratulations and definitely take this time before starting FT to stop and enjoy the moment. Analyst 2 in IB-M&A
+4 Did not expect Jefferies and TD to 2x UBS in the Americas, wild times Analyst 2 in IB - Cov
+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 HC team doing quite well this year as well senior_associate@goldman_stanley
+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 Your ability to prompt has nothing to do with your ability to adapt. It's okay, as people age their brains elasticity declines. It is just clear that your brains elasticity is on a rapidly declining trend.  ioncewenttoschool
+4 They looked credible to investors because their returns before their other co-founder left looked great (at the time), and thus LP's were willing to ignore the issues you mentioned. Associate 1 in PE - LBOs
+4 I’m now 5 years removed from my time in PE, but I think people often times fixate on doing the optimal thing and being on the optimal path. Associate 3 in PE - LBOs
+4 I will say for health care, declining service quality isn't always the case (specifically for outpatient, inpatient is a whole different animal and in those most cases - saying PE is 'evil' is fairly accurate). Business School in CorpStrat
+4 REIB is great for breaking into REPE but isn't the only way. Many people in REIB stay there because the pay is so good and only MF REPE pays REIB levels (other funds pay MUCH less). Prospect in RE - Comm
+4 Not many real answers here but seriously: in what world do you think this would be acceptable? You’re literally asking if I can bring my doll to work (no don’t worry it has CLOTHES ON though!). liquidiot
+4 I think this is sort of on the low end honestly - after PE your base should be somewhere between $150-200K with a cash bonus of 10-15% + equity. You need to be looking at manager level roles at the low end. Associate 3 in PE - LBOs
+4 yes I have plenty of hf exp and currently work at a fund that has been mentioned as a "top seat" on this forum. Investment Analyst in HF - Event
+4 DEI = women. Getting jobs and promotions by virtue of their gender and not hardwork. Whoever requires them to work hard just like others must be a misogynist.  Intern in IB-M&A
+4 If other interns are doing a better job while working with you (less mistakes, better communication issues), then feel free to rank them higher. But my guy, he's an INTERN. Interns know absolutely nothing. Incoming cfa level 1 charterholder
+4 but saar i vant to be in amrika saarrr Nurse Rahma Dikhinmabhatt
+4 Leave after the claw back period passes, sounds like you don’t like the culture and work at your current firmPrioritize your student loans. Investment Analyst in HF - Event
+4 Best one I saw in growth investing -- company's definition of ARR was "annualized monthly cash inflows" for a consumer subscription business. VP in PE - Growth
+4 Relatively speaking given you are in PE -  10-20 good years, with a few blowout years scattered about and equity/carry/something that will give you a chunky payout. Addinator
+4 Typical DEI Becky has offers from MS and GS but can’t tell the obvious sarcasm when told to pick RJ Anonymous Monkey
+4 Yeah I take your point, and I left banking for some of the things you called out. VP in PE - LBOs
+4 Entirely depends on your AUM. If you are running less than a yard, you can find heaps of strategies and alpha to exploit in systematic macro, especially intraday. econometricks
+4 Came from software buyout PE and less relevant, but I've been using cursor to build some small internal tools to help with data and workflows. surfsup34
+4 Appreciate the follow up. Personally I wouldn’t offer up the draw unless you were getting a trade off elsewhere like the step up concept or more promote but you’ll have to feel that out. FutureCEO3
+4 I've gone a lot deeper in the space since the last post, so I'll add some notes here, given that this is a very critical part of the market at the moment: Manager in CorpDev
+4 50% reduction in fund size is all you need to know — stay away. High paying jobs at businesses in decline or stagnated become absolute knife fights between employees as you can’t all just ride the rising tide of growth. KR8000