+17 I have lived in 2 of the 3, and spent significant time in the other. All cities can be a blast. I don't think LA is the clear #3 as most people above do. MMBanker14
+17 My uncle is a doctor. This is an actual conversation I had with him: Him: "Hey, you're a finance guy. what are some good investments I should get into?" Me: "well what investments are you in right now?" thexfactor336
+17 Some good advice in this thread, but there are some very strong voices coming from a bunch of fucking idiots. OP, please do not listen to said idiots. GrandJury
+17 let's talk more about this. I seriously wonder how this ends. Tesla is an incredibly interesting case study (as is Amazon, but that thread's already been done to death). thebrofessor
+17 "TheROI" Disclaimer: This is not a troll post- I'm serious as a heart attack. Isaiah_53_5 💎🙌💎🙌💎
+17 I think you're looking at this without applying any historical context. You're looking at Pride only as it relates to the current environment for homosexuals, instead of the environment in which it began. HighlyClevered
+17 Here's an NYC story that's actually heartwarming. A couple years ago on Labor Day Weekend my ex-girlfriend's sister was in town from Nigeria so we all went to Times Square for the obligatory tourist visit. Sonny LoSpecchio
+17 it depends on the specific industry. A while back, I was in commercial banking and had some lower revenue Clients, this is what I can recall: BBDreamin
+17 Personal hygiene is more important than a six pack, as is grooming. Go to a barber and get a haircut that doesn't make you look like Bieber or a man-bun wannabe. LateralMonkey
+17 I’ve occasionally gotten shit from time to time, not too often though. Kid is not only a loser, but rude. Blank999
+17 From a purely exits standpoint I really don't think there is a significant difference. Big Sexy
+17 Not mine, but definitely worth sharing. Also a little more on the terrifying side. Darth Vlookup
+17 Hey man, FT recruiting is a blood bath and there are much less spots available than SA. Having said that, if you enjoyed the people you work with and bank that you worked for the summer, I suggest accepting the offer. confusedmonkey123
+17 Completely agreed. I'm first generation as well. Anonymous Monkey
+17 it's been discussed to death, but think about it like this. in the healthiest of marriages (I like to think I have one), how much does the couple spend time together? thebrofessor
+17 What the fuck are you talking about? Why should 2-3 months (assuming you take a month per kid) out of potentially ~15 years of a career matter in the long-term? The problem is the people who rationalize this garbage. BobTheBaker
+17 I can't find the source on this, but during one 'emerging managers' conference I was at I heard one of the panelists (a woman from Institutional Investor or some other similar publication) drop a statistic that the average APAE
+17 Oh my god all your posts annoy me, especially this one. I hate every pore of you. Nightman Cometh
+17 "ironman32" I always think this is one of those cycle things that are tough to break. TechBanking
+17 This is going to sound 'life-coachy', but you need to detach yourself from traditional measures of success/achievement that you're accustomed to. MonkeyWrench
+17 to provide a hyperbolic but relevant point, if I said you need to change a lightbulb and you could have as many people as you wanted to do it, how many people would you have do it? dr_mantistoboggan_MD
+17 Thank you for the tag, thebrofessor . I'm not going to try to predict when the next recession will be or what will cause it. zanderman
+17 Issue 1 - Salary You are close to the top 10% of household income for NYC, one of the most expensive and competitive cities in the world. You're doing fine. Zatopek
+17 Confidence is what you're lacking. Confidence comes from experience. Not being "good enough" is generally just an insecurity founded in lack of experience. rickle
+17 It's unbelievably ironic how you're accusing me of being in an echo chamber when your message is essentially 'because you're not a democrat your opinion is basically meaningless'. MonkeyWrench
+17 "InvestInYourShelf" Lol, this is legitimately one of the dumbest comments I've ever seen on this website. Billion with a B
+17 I did accomplish most of what I wanted to in 2018. It was a great year, although still left room for lots of growth. In 2019 I broke up my goals into different categories to help me stay balanced. alwaysb1
+17 "InVinoVeritas" Sure, happy to give my two cents. CRE
+17 Not really. Anonymous Monkey
+17 Passed 90 Percentile 1.5 years of banking experience. Went to non-target for Marketing. Went through a breakup of a long term relationship a month before the exam. gator10
+17 "javir77" I received an offer letter for a Financial Analyst position yesterday located in the company's corporate office. CRE
+17 I would sidestep the question of cash compensation for a broader picture of compensation. APAE
+17 I think you make a lot of reasonable points that speak to your short-run expectations on where the market may be headed. brotherbear
+17 This is outrageously lame. Do not buy her anonymous flowers like an incel. CRE
+17 You are setting yourself up for massive failure. IB is not a consolation prize or "next best thing" and you will never make it if that's your mindset. Synergy_or_Syzygy
+17 I don't think you're panicking enough! I'd immediately start looking elsewhere - probably worthwhile not even mentioning that you got an internship at UBS. YoungDumbFullOfRum
+17 "Distressed Industrial Buyer" Probably. reformed
+17 Went to what has been described as a SUPER non target school on WSO. Came out and worked at ML in their investment management side. n95smiles
+17 Dealing with ambiguity is our generation's biggest challenge. Most decisions today are made based on social proof (peers, IG, etc.) and data. ThatOtherGuy
+17 "agirlwithnoname" Edit: He offered me a deal - if neither of us is in a serious relationship by 2022 my birthday, he is going to purpose to ironman32
+17 I'm in management consulting, but here's a few things that may be applicable to those in investment banking too. Abrix123
+17 Moving to a new city is weird, and making friends is hard. You've been at work for like 5 days. Chill, you have time. Clocks
+17 I stand by that part of my comment for a couple reasons JSmithRE2010
+17 are these females also traders? are you taking risk with your own P&L yet? faceslappingcompilation
+17 "FCFE" Bernie is an anti-American commie. This is a man who openly endorsed Castro, Sandinistas in Nicaragua, and the Soviet Union. I quit this site because of censorship
+17 Yes, this answer right here. The anecdotes are a good way to think about telling your story. Synergy_or_Syzygy
+17 I honestly believe he was killed in prison. Frieds
+17 I just got off the phone with the guy who is apparently the global head of investment banking for this company... I can honestly say this was the sketchiest conversation I've ever had. CheersGordon
+17 I would consider the recent cuts as more of leveling off after a couple of really strong investment banking years. Quaneaser
+17 Most of what I would say has been mentioned above somewhere, but my thoughts are: mrharveyspecter
+17 One thing to consider, unless you have a large wallet or are going with the search fund model/IS... m_1
+17 even though my paychecks come from a company, it's remarkably entrepreneurial, no set times to come into office, no performance reviews, just 100% based on revenue brought in, you eat what you kill. thebrofessor
+17 I have a 3.1 GPA and have gone through many interviews. From personal experience, it is best to leave it off. Once you get through a phone screen GPA tends not to come up so I wouldn't worry about it. korahd
+17 "AfroMonkey" Hey! Incredible and well thought out response here. Jamoldo
+17 "Associate 2 in VC" I usually don't post on this site, but I thought the original poster could use a wake-up call. I graduated TechBanking
+17 hot take - none of the above. here's why you don't want a model irie
+17 You know who isn't in this position? The high school bully who finger-blasted your sister under the bleachers while you were riding the bench on the JV lacrosse team. Mr Perfect Hairline
+17 No. Anonymous posting is a blessing. Analyst 1 in IB-M&A
+17 When I got caught cheating the final month of senior year during high school... Analyst 2 in RE - Comm
+17 very interesting deal. a trend in PWM has been to broaden the base of clients. thebrofessor
+17 I think the posters above are underestimating how much this is going to affect the US. I believe your graduation in May will be a significant challenge and you should postpone it if that is possible. QuiltEmerson
+17 "Analyst 1 in IB - Gen" It's been my dream to end up in IB, I hustled from freshman year to build my profile in order to get a SA IlliniProgrammer
+17 "My Name is Jeff" Granted, I was referring to CHF as a safe haven currency from an Asian perspective (which it is). I quit this site because of censorship
+17 Layne, I've stuttered a few times to answer this as my POV is so niche and non-traditional. JS Turnaround
+17 I see both sides of this argument. TheBuellerBanker
+17 "Intern in IB-M&A" That's true. Jamoldo
+17 Just about everyone I know who has had real success is a grinder. rickle
+17 To put it simple, when you earn 10mln USD gross and let's assume there is a universal tax rate of 10% in your country, which means that you pay 1mln USD in taxes. EVADCFer
+17 Everyone has their own path. There is certainly nothing wrong with you. KOL A
+17 "Prospect in IB-M&A" Why do people on here scoff at those who work in firms like BMO or RBC? Isn't doing Front office work KOL A
+17 I think there are two important components that need to be separately looked at and that is the recruitment path of analysts vs. associates. Quaneaser
+17 People on this forum dramatically overemphasize modeling because: It is primarily an investment banking forum (although I believe RE is the second most popular!) CRE
+17 I do not doubt that some businesses will take that approach. I do, however, have strong doubts that it will be widespread, for a couple reasons: CRE
+17 Great write up - thank you. Associate 1 in IB-M&A
+17 It is worth remembering that the current protests and riots are caused by, and are a direct response to, police violence. CRE
+17 Police unions are a huge issue. I totally get that police work is dangerous and difficult, and that cops deserve to be treated well, but the amount of corruption in the unions is absurd. VP in PE - LBOs
+17 I know this is going to sound silly and New Age-y, but it's just a thought. You are doing a great job here, taking a moment to vent and get some opinions. It is good to get in touch with what you're feeling. Shaynepunim
+17 It is dependent on what valuation/multiple you sell the subsidiary at and what the valuation of the remaining business is. NicholasLeeson
+17 I am not proud of this one. When I was running cap intro for a BB we put on an investor conference in Singapore. Some of our larger US hedge fund clients joined, and we did the usual full-day of LP-GP meetings. earthwalker7
+17 Hi, All good questions! My perspective below: VP in PE - Growth
+17 You have to understand the underlying statistics of what you're talking about when you say $40k per person. The Federal Reserve’s 2019 study showed that 40% of Americans could not come up with $400 in emergency money. Synergy_or_Syzygy
+17 You just answered yourself - dream job. If it's really your dream job, do it. You'll make $$ in anything you love, in the long run. Shaynepunim
+17 I am very sorry to hear about your experience. PE deals are supposed to provide good experience, and it is unfortunate that you fear that things weren't as fluid on your latest deal. Tamara_S
+17 Not sure why this is so hard to understand... VP in IB - Gen
+17 There are other threads about Charlotte so google them to get a better answer than mine. Lived there for a year and a half before moving to NYC. Worked for BAML in non IB role. Analyst 1 in IB - Cov
+17 Maybe this is my first time venturing in a politics thread but are the people on WSO here actually insane? Neymar1
+17 As someone who did slack off and is going to a semi-target, this isn't really always true. Coming from a state ranked extremely high for public schools and a middle class highschool year class size of just over 300. Richard.5
+17 I am very much a supporter of open discussion and opposing opinions. CompBanker
+17 EBITDA - How to Find loanboy043
+17 So, first a general observation... You are probably not doing as bad as you think. The bar for 1st year analysts is low, it is expected you will fuck up, it really takes years to get good at this business (i.e. redever
+17 Biden. While I don't agree with every aspect of his platform, I am voting to restore competence and respect within the Oval Office. We have been disgraced on an international level. Kamala will be his vice president. Associate 2 in IB - Cov
+17 @Tobin4TW" These are all horrendous cars. The only people who drive these are badge followers who want to say they own Mercedes/BMW/Audi. They are the more or less the lowest caliber car each brand makes. Deal Team Six
+17 "tangomummy" "Prospect in IB - Gen" It's Analyst 2 in IB - Gen
+17 Taxes on unrealized gains are...dumb. Developer in RE - Comm
+17 There are levels to this: Fugue
+17 My father told me at a young age that you have to find YOUR barber. I didn't heed the advice growing up and would roll the dice by walking into a chain (e.g. dedline
+17 Some unsolicited advice from a stranger online: Investment Manager in HF - Other
+17 As a gay guy who doesn't fall into any of the purported stereotypes listed in this cesspool of a thread, I can't say I've ever been more disillusioned or disgusted by prospects and full-time employees, including the very p ACynicalProspect
+17 This guy gets it.  Similar experience with what you just laid out here perfectly. tyronejinga
+17 Fucking obviously.  CRE