+18 I can't answer if PE is the best job in the world but I can offer a little outside perspective that some may be interested in. M. Blank
+18 I don't know many people who went to Berkeley, but Haas is an incredible undergraduate business program so you really couldn't go wrong. bruin31
+18 I don't want to rain on your parade, just give perspective a few years (gulp... already? time accelerates with age!) down the road of having done the same. EURCHF parity
+18 I’m a current 2nd year analyst, and was in a similar position this time last year—knew I wanted out of my group and was pretty sure I didn’t want to stay in an IB/PE/HF role. Analyst 2 in IB - Cov
+18 mbag How good is big 4 consulting out of top 15 mba schools? OpsDude
+18 I agree with almost everything the author is saying, but it goes back to the whole generational disconnect--Baby Boomers and Gen-Xers had access to lower inflation-adjusted real estate, college and health care costs, and t GregMadeMeDoIt
+18 I'm a quant trading strategist at a mid-sized fund with one of the best long term tracks record in the industry. ericzx55
+18 Coming from somebody who did investment management both pre and post MBA... models_and_bottles
+18 I'm going to be honest, this is a subject a lot of people talk about and I have seen a lot of people (very knowledgeable) not get positions because of this. wholetthedogsouts
+18 Well, our firm's controller and I are trying to crack down on who keeps leaving a huge shit in the most-left stall of the bathroom. This is maybe in its 5th month of research. RobberBaron123
+18 Network now be more active in clubs don't turn away from opportunities because some friends can't / won't be able to participate don't waste time with people who bring you down don't burn any bridges....ever at least mino GetAJob08
+18 Once upon a time people in trading could make ridiculous amounts of money. Think Solomon Brothers, Goldman and Drexel in the 80s. HY.r.e.a.m
+18 Don't be envious. Gangster Putin
+18 There is so much that falls under the umbrella of "machine learning". It's really kind of a buzz word. The majority of the algorithms that people call "machine learning" have existed for decades or more. DeepLearning
+18 I agree with kinghongkong. Your best returns will likely come from something you're the (co)founder of. APAE
+18 For all the obsession among HF analysts with "moats" in the businesses/stocks they own, it is ironic that their own professions, e midwest_analyst
+18 The problem with this is that enabling her to stay and eventually gain legal status DOES NOT address the crux of the issue. RedRage
+18 If you've had the chance to grab drinks with a Senior Banker whose been in the industry for multiple generations (30-40+ years), they'll often share why if you broach the subject. Keyser Söze 123
+18 The hours are broadly comparable to other parts of the IBD. JamesDimon
+18 We have a fully engaged board, an exceptional management team and a strong corporate culture. People are our most important asset. JamesDimon
+18 I strongly believe this is the biggest wedge between millenials and the old guard. Synergy_or_Syzygy
+18 There are multiple recent threads on this forum already addressing these issues. 2trickpony
+18 "BillyAckman" "Investor mentality" paroting whatever my principal likes to hear God, it's so true. I'll share one: Layne Staley
+18 Combination of factors. That is one of them, for sure. I knew tons of people in highschool and college who just shouldn't have been there. It's not so much that they were unintelligent as they were uninterested. CRE
+18 I do physical trading myself. Pussy galore
+18 Deny till you die is an option. The more sophisticated option being "Deny, deny, counter-accuse." Ex: Business Manager: "Did you and Fetus falsify receipts?" You: "What a preposterous idea, of course not! Django1011
+18 My interpretation of the article is that his capital first came from his Dad's fellow OBGYN colleagues. What the guy has done is really impressive, but don't be fooled. DetRustCohle
+18 One problem with this forum is how homogeneous the member base is. As a result it really can be a bit of an echo chamber. APAE
+18 Chief Tecumseh mastered the Mid life / end of life crisis in a poem from the 1800's (not sure if he wrote it) but he is credited with it, and it goes: Keyser Söze 123
+18 Honestly, by reading your post it's quite simple to diagnose why you're not getting past first rounds... SebRs
+18 Recently attended a networking event at the GS nyc, a kid asked lloyd "How do you feel about tier 1 distressed Nick0wnsz-.
+18 bonus points if naruto running all the way to interview location ![ Sterb
+18 It remains to be seen definitively. APAE
+18 The way a person uses their bonus reveals a lot about their character and priorities. My first bonus, I gambled away. I was up almost 100K GBP before losing my shirt. brotherbear
+18 Being street smart means you are able to deal with difficult social situations effectively. It means you are able to maneuver and present yourself as a strong, confident person and you are able to think fast on the spot. MikiTheMonkey
+18 Crushed it. Absolutely powerful. If Dems don’t compromise on immigration, they are idiots. Blank999
+18 Well I ate Xanax every day for five years. I started sometime around my senior year of high school and ended after my 'ternship at a BB in NYC ended and I was so relived to have not gotten an offer. macaroniman
+18 I give my parents $0/month. They didn't pay a penny for me since age 17. Not a xmas gift, no housing, no food, no gas money, no tuition etc. I was forced out on my own. This taught me the world doesn't owe me anything. hjohnny
+18 I think I've proven over the last few months to have absolutely zero insight into the INVESTING aspect of cryptocurrencies. I quit this site because of censorship
+18 This significantly depends on the geography. While I agree that Bain is equally strong in the US, they have limited presence in many other geographies compared to McKinsey and BCG. aspiringchimp
+18 "Shaun-Mullins" A friendly reminder: You are idiots. You are all idiots. You are not qualified for any serious financial position. NorthStarOne
+18 People want to feel like everything they've achieved is their own doing and everything everyone else achieved is because of some force out of their control and those people got "lucky" or had "privilege". AllDay_028
+18 70 is solid for an entry level FP&A role. I know there are a number of threads on this topic already but here are a few anecdotal numbers have seen in my area (low COL) CF comp is roughly as follows: Softwarefun
+18 Let's look at the facts and put aside any emotions. You only have one offer. What's the upside if you turn down DB? You might receive a better offer at a better BB. What's the downside if you reject the offer? Ovechkin08
+18 OP I'm not here to judge your personal beliefs, if you are or aren't ok with homosexuality I can assure you that's none of my business. dr_mantistoboggan_MD
+18 After being recommended for an interview by an MD: Interviewer: what groups are you interested in? Me: answers Fugue
+18 I think I might take a major paycut, but I'm not certain. The role I'll be moving to is extremely new and it's focused on building up our AI capabilities more than anything else. LateralMonkey
+18 You're not supposed to save any money in NYC when you're making less than $100k base. Pretend like it's the army or boot camp, you signed up for 2-3 years for a shot at something better. SanityCheck
+18 If you don't wish to attempt a direct answer from him, or at least counter his questions with one of your own like "Care to suggest something else for me to wear?"... InfoDominatrix
+18 Sometimes these posts remind me of narcissistic paranoia: Isaiah_53_5 💎🙌💎🙌💎
+18 Generally, PE and HF's are considered the apex of finance. Very few would take a big name consulting firm over a big name PE firm if their interest is to become a professional investor. BreakingOutOfPWM
+18 Me: Trying to pitch my data entry job for a slum-lord as genuine real estate investing experience to my interviewer at a premier REIT Interviewer: Uh, nice, what asset class did you work on? The Assman
+18 I assume this is for the US, not London? 10x Leveraged
+18 Some things I do through both: gym, the great equalizer, 5:30am with buddy every weekday on lows: urmaaam
+18 This. SanityCheck
+18 From someone who has been through a couple of downturns. That comment is absolutely bull shit - it's a numbers game not a money game. Analysts and associates are at high risk of getting let go. Disjoint
+18 Would definitely have to disagree with you here, peers who have gone to IU describe the IBW as a top target and for those who do not get into the IBW, can still get into IB without too much difficulty as long as you have a Black-Panther-25
+18 "Lucky Luciano" Hoping Michael Bloomberg decides to run. Although I doubt he would make it through the primaries. He would have my vote. I quit this site because of censorship
+18 Notes: -No yes/no questions, more why/how. -Do not lead their answers by framing the question or leading with your opinion. -Be specific, don't open yourself up to an IR sales pitch-type answer. Secyh62
+18 I interviewed in London at a bulge bracket European investment bank, for a super day. Good interviews all morning, and it seemed likely from the vibe I'd get the offer. After lunch, my interview was with the group head MD. earthwalker7
+18 I used to be a VP at MS. I wish someone had told me: Don't get stuck being the glorified "fourth-year" analyst. That reputation will hurt you as you are looking to move upwards. hominem
+18 To be fair, though, there is one redeeming aspect of the CFAs—one characteristic that is actually legit, the calculator. Anonymous Monkey
+18 I know it's gotten some bad press recently, but CFA made a billion dollars in May, a 10% increase over last year alone. That's third to only Starbucks and McDonalds and CFA has many, many fewer stores. CRE
+18 "Synergy_or_Syzygy" In no intended order: Delete your username (you're not a nontarget anymore and that's a dumb way to define Jamoldo
+18 When I first moved to London and New York, mostly I just drank and ate a lot. I hit up a few museums and shows from time to time, but I don't need 'activities' to entertain me in that sense. brotherbear
+18 Why bother to do anything then, just give up on life. Not everyone who is successful went to Harvard or worked at Goldman. There are many paths to success and a fulfilled life. KingCluny
+18 https://www.stern.nyu.edu/programs-admissions/undergraduate/stern-advan… kanon
+18 I think there are 3 parts to this. The Pharma Guy
+18 How was this an unconventional path? You had amazing internships and ended up getting a job at a BB because of them. It must not be anomaly that your school ends up placing you at good banks if you do happen to break in. innovativeguy11
+18 Tough situation. At this point, you should do what we do when we feel like we've been jerked around on a deal. DZZ
+18 Are you serious? No investment bank, (BB, EB, MM - not even Tobin & Co.) will want to hire someone who throws in the towel before submitting an application. Associate 2 in IB-M&A
+18 People might not like to hear this but I think a big reason you see so much entitlement in finance (corporate/IB/er/banking/hf/re whatever) is because the field is full of frat bros/sorority girl whose parents are upper mi BobTheBaker
+18 Hey now - give the kids on LinkedIn a break. Timmy is super proud of himself and excited to share that he worked super hard to get the SA offer at JPM's treasury department in Kingman, AZ. Associate 2 in IB-M&A
+18 my former manager was out on an extended vacation and lots of guys in the office had been approached by a recruiter (the same recruiter) in sleezeball ways, coming into the office, dropping off gifts, talking shit about th irie
+18 So if I follow... Current Age: 32, Retirement Age: 30.5 Serious Dough Age: 24 = Working years: 6.5 Income at 30.5: $750k Income at 24: $280k Income Avg: $500k*4.5 years = $2.25M = Total Income: $3.28M Johnny Cashflow
+18 I created a thread Q4 2018 on market strategy but this is as good a time as any. I'll give you my advice first and then tell you why. thebrofessor
+18 get the fuck out of here. I'm trying to celebrate hustle and you're making this about politics. I can't save the world or fix the system, but I can throw this bro a bone. you're doing nothing but complaining. thebrofessor
+18 Whenever I hear people wanting to kill bankers or shut down Wall Street I think about what I told my analyst in ‘08. QuiltEmerson
+18 The made-for-TV movie of Barbarians at the Gate is probably the best with Shearson Lehman scrambling at the last minute to get a bid together. Portnoy's Complaint
+18 My parents most definitely guided me, perhaps not directly in terms of my professional career path, by through the examples their lives set. CRE
+18 Might well ride it out. At this point likely scenarios - Remote work. Not enough to do. VP in IB - Cov
+18 Patrick, you deserve an immense round of thanks for everything you do to create and maintain this community. I know I'm not the only one who's gotten real value from the people and conversations here. Thank you. APAE
+18 Another thing not to forget is the timezone difference. Candidates from US and Asia that intern in Hong Kong virtually will have significant unfair playing ground. Prospect in IB - Gen
+18 Look - make up your mind to see everything in a positive light. Stay in shape and you'll wear those nice new clothes. A second monitor is a very worthwhile, inexpensive investment...even a laptop is if need be. Shaynepunim
+18 Great Recession for me, taught me that nobody really gives a shit about you, outside maybe your family and good good friends. I was unemployed for over 6 months. odog @digitalimmortality.com
+18 Friendly neighborhood Barclays VP here. Works at Barclays Capital
+18 The User - I think this one is seen often in non-targets + semi-targets. Likes to hang out only with people that have good internships and are likely to do great things. Incoming cfa level 1 charterholder
+18 McKinsey is also delaying start dates. If you ignore all the over-reactions, BCG and Mck have so far made very similar moves -- full time offers for interns, 1-4 month delay for FTs. Semi-target_beast69
+18 "Intern in IB-M&A" "dontbugme" I'm not s dontbugme
+18 Really solid thread idea, @yayaa" . Love these kind of specific questions. redever nailed it in saying that it is an art not a science. CRE
+18 LA is pissing me off. I tried to go get groceries but the streets were blocked off. About an hour later I see all the vandalism and fires. Pug
+18 "Rashers" Since you're in the habit of disagreeing with everything I say. I shall do likewise. CRE
+18 Posted this on the other thread but here it is again: Analyst 2 in IB - Gen
+18 99% of the time this is correct, but I've seen politics/"fit" play a big part too. Anonymous Monkey
+18 Credit Suisse is a great bank, and is a great springboard for better opportunities. I was an analyst at CS and then worked at a MF PE firm (and I didn't come from FSG), about to attend HBS / GSB, so could be a bit biased. Associate 2 in PE - LBOs
+18 more than that, if you go to donate to BLM (the organization) you get redirected to ActBlue charities, a political superPAC supporting every dem nominee, congressperson, and other dem PACs. thebrofessor
+18 "I had two options as a black man in America - either I learned a jump shot or I had to start slinging crack rock. Summer Associate in RE - Comm
+18 Current analyst at the firm here - can confirm about 20-25% analyst are laid off across offices (mixture of first and second year). Analyst 1 in IB-M&A
+18 Accents and speech mannerisms within the US are a primarily geographic distinction, with a secondary element of class distinction. Winnfield
+18 My advice for you would be to get off WSO, unfollow all finance meme accounts, and start using your time more productively. It infuriates me that you think obtaining a BB offer is settling. Synergy_or_Syzygy