+15 If a brokerage was doing a drug test, it’d be to make sure you ARE doing drugs. Financial Analyst 2.5
+15 Can't believe it has already been 5 years since my comment. Sure, here's a little update on my end. 000killa
+15 As a second year commercial banker I thought I would add my two cents. LeveragedTiger
+15 PrivateTechquity 🚀🚀🚀
+15 Really interesting discussion. My response likely mimics that of many ripping on private equity but can take it from another approach. herzyherzy
+15 We make more at FT PARTNERS bottombucketMD
+15 I had something similar happen to me.  Associate 1 in IB-M&A
+15 Was lucky enough to place into the GS Mars office through their DEI programs.  95% of office is Martians :(  monkey_money_000
+15 jaxcut4 Managing Director in IB-M&A
+15 I would not do it all over again. Associate 1 in IB - Cov
+15 Here's a question that I found makes DEI promoters pretty uncomfortable and insecure: Associate 1 in IB - Cov
+15 My experience after 25 years in the industry (and starting my career in arguably the most prestigious place around). Managing Director in IB-M&A
+15 If you feel the need to react so abrasively to a 20 year old simply trying to add value to a thread of other 20 year olds asking about your firm’s apps, doubt you have the personality to make partner  Analyst 1 in IB-M&A
+15 The app doesn’t even work properly Yourmomhello
+15 It's absurd what happened. A group of degenerates were throwing things at him and provoked a fight that they lost. JulianRobertson
+15 A few people from my bank are going to Apollo. When I was gearing up for PE recruiting and asked them about the no b-school required and ability to just stay this is what one said: Number Crunching Warrior
+15 . Prospect in Consulting
+15 Deconstruct Value creation as follows: Value creation defined as Exit equity less entry equity. moneypants3
+15 Yes lol, why you think diversity hire is a thing Anonymous Monkey
+15 Here is how it works. Assume in year 1 company generates a $100 NOL and has a 20% tax rate. In year two, company generates $40 of taxable income before NOLs. DilutedEPS
+15 Lol okay sport. Analyst 1 in ER
+15 I work at S& and have plenty of friends at EY-P. I've always maintained that Deloitte (formerly S&O), S& and EY-P are of roughly similar prestige. IguanaMama_1
+15 Some firms that I think fit your criteria: Differentiated Investment Strategy VP in PE - LBOs
+15 In my analyst days I downed a corona or two and would come right back upstairs and crank on a model for a $4 billion Marcus_Halberstram
+15 You are not a shit analyst. Rabbit
+15 Went from MBB to UMM PE 3.5 years ago, so can provide a bit of context here.  Associate 3 in PE - LBOs
+15 Everything else is commodity and cost center. Rockstar VP with superior knack for writing memos and asking cutting dili q's? Cost center. Rabbit
+15 Actually had a similar problem (maybe not as to such a big extent) - reels on Instagram were sucking my time away, but didn’t want to delete because my friends would text me there & I didn’t want to fomo. MazaArt
+15 You're in a really fortunate position. APAE
+15 Lowkey there is a super high incidence of people on the Spectrum in finance, myself being one. Associate 1 in PE - LBOs
+15 Its a super - target. Kids from there go directly to MD Director in CorpStrat
+15 OP here - I spoke to a senior associate on the team, and he agreed with me that technically what they're doing by pulling an offer based on race isn't actually legal, but given the amount of resources, lawyers and corporat Summer Associate in IB-M&A
+15 Non-conversion is a much more picky thing in London, as opposed to the US where you simply just convert if good enough i.e. enough space for all. Analyst 1 in IB - Cov
+15 Almost to a person, my friends and clients in MF PE (and this is across the shops) complain to me about how weak the recent incoming classes are. Managing Director in IB-M&A
+15 It depends on what your starting point is. But overall I would keep in mind that investing in any public security is about finding answers to 3 questions: What are the bulls saying? What are the bears saying? VP in AM - Equities
+15 did you just say $1k for a suit is "hardly expensive" and how you had "two of them in 10th grade" What a stuck up douchebag. Anonymous Monkey
+15 So many of you have never been laid  Analyst 1 in IB - Cov
+15 Capitalism / The Invisible Hand can be a beautiful thing but there are certain industries it has no place being involved in and healthcare comes to the forefront. Anonymous Monkey
+15 PM me marcus-halberstram481
+15 The end of destructive leftist ideologies, including BLM, although that might down to the founder spending all the funds on mansions.. Analyst 1 in IB - Gen
+15 Really great post big unit - thank you for your insight. I think your balance of power framework is apt, but your focus on finance is limiting. moosen
+15 Honestly man, it wasn’t so much about the money but rather just being proud of myself. A lot of people these days bash IB and (often times rightfully so) mention that it’s not worth the sacrifices and all. BillAckmanOfficial
+15 Haha I love how people on here think that by staying in PE you can make an easy billion.  mrharveyspecter
+15 I work in multifamily development in the Southeast. Here is how I see the market today. larry david
+15 Again don't want to name any specific funds but at a high level, I would say that megafunds tend to approach banks with a bit more of a "take it or leave it" approach. 10x Leveraged
+15 I choose to believe this is the guy that was over the moon celebrating TPG HC like two years ago in the on cycle thread and then had some sort of existential crisis when 20 people replied telling him to renege at any cost Analyst 1 in IB - Gen
+15 I love this topic! I focus a lot on night time routine because I am not a morning person so I try to sleep in for as long as possible. PM in HF - Macro
+15 UBC has to be the single most dramatic university in all of Canada despite having ~5-10 placements/year. Analyst 1 in IB - Cov
+15 They’re trash. Prospect in IB - Cov
+15 QuaneaserBoreed Personally, I know I am as capable ricottacheese
+15 Fun fact: If you make PM at Capital Group you'll be a CAPM Intern in ER
+15 Didn’t read your post. But ya just don’t pull out? In 9 months you have a family! Principal in Private Credit
+15 Most people perceive stress to be a negative thing but a stressful environment usually leads to innovation as well as to a higher level of performance overall. ChickenEggsVols
+15 Working there will be a blast for you full time Analyst 1 in IB - Gen
+15 Vp must be a chad AisyaWso
+15 I hope you elaborate because I think I know exactly what you're referring to but I would never complain about it. Principal in CorpStrat
+15 I don't agree with taking half my man's assets in a divorce just because I have a vag. That said, let's not pretend like the labors of motherhood aren't quantifiable, much less worth nothing. Zemora
+15 Making a rational decision for your future relationship is of course intelligent, but I don’t think men should be going out of their way to “optimize their future” in terms of relationships. Let love happen. jcon5
+15 If you're a successful man you can have your cake and eat it too a bit, as in live a carefree dating life for most of 20s and still be in great dating shape into your 30s for marriage. Anonymous Monkey
+15 El Seneca: Guy has the perfect girl and he’s going to throw it away lol. You seriously overestimate the quality of girls that are out there. Sonny LoSpecchio
+15 Needlessly rude comment GWT
+15 Consider staying until you secure a new role, as the market is particularly challenging for mid to senior-level professionals right now. Kkk57993
+15 Wow it's almost as if when you have an entire K-12 plus college school system that yells at boys that they are evil, they are doing "toxic masculinity" for not acting like women, then you steal 2 years of youth from them a Associate 1 in IB - Cov
+15 Those are crap questions for a coffee chat. Honestly, if someone asked me that over coffee I would be dying to get out of there as soon as possible. Nick-Corona
+15 In other news: a new moneied, geeked up, 50 yr old trying to sound relevant to first year finance bros at 3am in a night club in the Hamptons.  Got it Robb9
+15 1. I don't regret it at all. From a financial POV, it's changed my life and is probably the single best career choice I made. For the right person it's an amazing opportunity. Analyst 3+ in HF - EquityHedge
+15 UBC student here. I have friends who were on the team and they confirmed some senior members of NIBC were hired for pay but were not paid and that NIBC is fraudulently misrepresenting as a non-profit. eyebanking
+15 financial times Intern in PE - LBOs
+15 Your limited life experience and myopic understanding of interpersonal dynamics should lend itself to you shutting the fuck up and learning, rather than ejaculating your half-baked opinions out into the internet.  CisSiberianOrchestra
+15 I made my way into IB from a valuation firm (non-Big4) so I have a fair amount of insight here. Associate 3 in IB-M&A
+15 I anticipate the lawsuits will hit the clerks' offices when retail capital learns of phantom income next year when they're preparing their 2024 tax returns and receive their K-1s on these deals. Esque_
+15 The last few “is paradise” posts have been dogshit sasha_j24
+15 At the most basic level start by thinking about how a dollar flows end-to-end through the industry. Secyh62
+15 Your first deal is going to be paid for either out of your own pocket or your very very close network. Fred Fredburger
+15 “CEOs (only) make 20mm” imagine thinking 20mm wasn’t a lot of money kid, if you ever make 20mm in your whole career, I’ll be shocked Intern in IB - Cov
+15 Just read through that entire debate about tech promotion. Let me add some facts about tech industry and why you should NOT join as SWE. FlyingBoat
+15 It seems increasingly likely that the metros that are currently winning will continue to do so and take an increasing amount of market share than a new metro competing meaningfully without a catalyst tha Esque_
+15 Oh he wants another one? If this gets 10 likes I'll dive into some of those 600+ spread deals, those are fancy :) Analyst 3+ in RE - Comm
+15 Fortunately this is not unique given the volatility the last few years starting with Covid and then with all the layoffs since 2022. YouCan'tHandleTheTruth
+15 I've been at funds sized 750M - 2.5B and am strongly considering looking for a shop like this (perhaps had a bit bigger in mind, but something similar), so I'll share my thoughts. Associate 3 in PE - LBOs
+15 . Trader in PropTrad
+15 Please go to Wharton - sincerely, a Stanford student. Unless you’re diversity, you will have to fight for your life to get ANY offer here. randohardo2023
+15 You should ask during your final round interview capexprss
+15 Xx anon101ib
+15 Are you an idiot JetsTanksSubmarine
+15 If you are agnostic about the type of work, it essentially depends on how much you value an Ivy League MBA. McKinsey = guaranteed admission at call it top 5 MBA. SageKellyjr
+15 WSO's finest.  BrandonWilliams69
+15 I forget exactly how bad the gender ratio in IB is, lol. This thread really shows that. Realistically, your only option is going to be finding the hardo of hardos. spongeboygoofy
+15 RBC Intern in IB - Cov
+15 "I hear high revving engine noises over the line" That made me burst out laughing. +SB Sil
+15 Have you heard of this parable? It goes like this: The investment banker was at the pier of a small coastal Mexican village when a small boat with just one fisherman docked… Guy in LA
+15 Beautifully said, Leafblower69s2ndkid. Fully agree. Associate 3 in PE - LBOs
+15 Asc2 Bonus: 105k Am quitting to buyside and def wont be funneling any deals to MS. Anonymous Monkey
+15 just put the fries in the bag bro Analyst 1 in IB-M&A
+15 Dude can play on my team any day.  Sounds alpha as fk and not concerned with the usual fake bravado that is ripe in IB.   Robb9
+15 There is a lot of wisdom in this thread. I feel completely dead ass right now. Covid19Brah
+15 Oh, buddy, sounds like you've had quite the adventure! Driving four hours for a coffee chat is no small feat, and it shows your dedication. But remember, it's not just about the destination, it's about the journey too. WSO Monkey Bot
+15 Let's say you sell hotel management software. Any hotel with over 100 rooms can theoretically use your software, and there are 10,000 hotels that fit that description in the US. MikeRoss824
+15 I am dating a girl in IB. We work for the same bank but different groups. It’s honestly the best relationship I have ever been in.  She understands the hours. Associate 2 in IB - Cov
+15 I hear you, and I felt the same when I started even at university, let alone this industry. I even changed things about myself to fit in, and I wish I hadn't. But this isn't about me. Don't change who you are. Count WACCula