Highest Ranked Comments

+14 ChatGPT for a random WSO comment is crazy 😂😂 Intern in IB-M&A
+14 This is brilliant. You are an eloquent writer, and you really paid a ton of attention throughout your career. So many lessons in the above, much of which applies to many career paths outside of PE.  Deal Team Six
+14 Got a lot to unpack on this since what the above poster said is dead on but would like to add some nuance especially for the non-Scoular type and to be a bit of a devil’s advocate in general. thoroughbell
+14 Someone’s sarcasm alpha is quite low Associate 1 in IB-M&A
+14 I work at a MM. Your questions is framed incorrectly. You're not joining an IBD Analyst Program where your worklife balance (WLB) is dictated by your sector team. PM in HF - RelVal
+14 I would disagree a bit with the above poster, it's a lot more than purely a question of risk tolerance. PrivateTechquity 🚀🚀🚀
+14 Aaleon - some of the other posters touched on some of the major "quirks" of soccer teams. Thomas Pynchon
+14 Reminds of a time when I was interning and some senior bankers decided it would be a funny idea to get a fish tank, adding a new fish for each closed deal Analyst 2 in IB - Gen
+14 So as touched on above (basically), you had globalisation.  setarcos
+14 Can people actually ever discuss what it’s like to work somewhere instead of getting hung up on “is x an EB/BB” Intern in IB - Cov
+14 Jesus what a gay ass response. You chose a party school. Own it man. I went to a party school, had an amazing time, and still got a sick job. Yes you will constantly get questions like “you went there? Analyst 2 in PE - Growth
+14 Here are some tips off the top of my mind: 1. USE YOUR SCHOOL EMAIL. Seriously, don't email cold from a non .edu account if you're a student. minimototo
+14 Thanks intern, I’m sure you judged this from your 10 weeks on the desk Icahnic
+14 There are a million examples but there just aren't really jobs doing this. Which is the whole point. Works at Citadel Investment Group
+14 Take a breath and relax. We've all been there at one point or the other.  Anon1254
+14 I think people on here too often get hung up on “going out on your own.” They think one day they just wake up, raise a fund, acquire 10 deals, and quit their job. Rome wasn’t built in a day. Fred Fredburger
+14 I think the fact that teams used to primarily consist of foreigners is a testament of a foreign halo - as mentioned your deal experience in New York and London would not be directly translatable to local markets given APAC Analyst 3+ in IB - Gen
+14 congrats on UBS! Associate 1 in IB - Cov
+14 I am 4 years into (a job I hate) and have been delusionally telling myself it is going to get better, however it really has not (because you hate your job). VP in PE - Growth
+14 Something similar was asked a few weeks ago, I found my comment, I think it largely applies to your question as well (see below).... redever
+14 Very helpful comment Monty Burns
+14 Agreed. I’ve noticed way less traffic and fewer quality posts over the past couple years, and particularly the last twelve months. Couple thoughts: Director in IB - Gen
+14 Perhaps a few words from an old head to give you some perspective. You rarely have it when you're 22.  Lockwood
+14 You can have tabs that are drop zones for the cash flows, MLAs, etc. and you can have simple coding to run sumifs off of. riskadj.return
+14 People really need to stop with this logical fallacy of "it could be worse". It doesn't matter if you get paid 1bn a year or 10k a year... basic respect in the workplace is just the bare minimum. Analyst 2 in IB - Cov
+14 bro he’s not gonna dox himself on wso to a desperate prospect ihatemylife
+14 Yeah I'm not exactly complaining about not being attracted to minors here basicallymonky
+14 think like Mckinsey to PWC midwestdebate
+14 Take PE. Just from the way you speak on here its pretty apparent you're not well suited to a risk-taking role or comfortable with a wide selection of outcomes if you go down MMHF. Analyst 2 in HF - EquityHedge
+14 I think I speak for many people in saying that most people join an IB firm as an analyst because it offers the best exits. Analyst 2 in IB - Gen
+14 Prospect in IB - Gen
+14 Equity value + debt - cash. Increase in debt is offset by subtracting the cash raised. Enterprise value does not change. Hedge_My_Risk
+14 It’s a myth that banks hire H1Bs because they’re more qualified or better candidates, especially for IB. VP in IB - Gen
+14 Best bet would be to laterally internally if your bank has an office in India. Would even consider lateraling to groups/banks in US that have offices in India and then lateraling that way. Analyst 1 in IB-M&A
+14 Epstein? The financier? kakugen
+14 General assumption I’ve seen is around 10–15 bps of expansion per year or 50-75bps for the hold. IRRegularReturns
+14 Finally a helpful and detailed post on UBS Prospect in IB - Gen
+14 Hardly surprising. Ozymandia
+14 I worked with an awesome associate on a $2b live deal. She was an associate 2/3 and did a lot of work. She was staffed with me (an intern at the time), two first-year analysts, and another associate. Analyst 1 in IB - Gen
+14 Banks prefer H1Bs because they end up stuck at banks so they could treat all bankers bad knowing that the internationals will all be obedient which further degrades culture Associate 2 in IB - Cov
+14 Thank you for the comment, this is exactly the type of back and forth I was hoping for. So, let's talk about core-plus and value-add infrastructure. Let me give you a few thoughts on this: neil88
+14 Sure thing - just keep in mind that this is heavily from the POV of a lender: Appraisal: Associate 2 in RE - Comm
+14 I never understood why some GPs prefer candidates in fields like IB. JamesPukeCannon
+14 I would say the below is what an incoming analyst should try to know in order of importance. ENlGMA
+14 Where is grinding till 2am on non fee generating work Saturday nights? Analyst 1 in IB - Cov
+14 There wouldn’t be all these posts at UBS if it were a good place to work and employees were treated well.  Analyst 2 in IB - Gen
+14 Also it has more than 100 billion in margin loans on its balance sheet - when the market crash happens it will be taken out by a combination of that, the repo lending it’s doing along with its derivative positions.  mkaypowlo
+14 My area of research in math was in functional analysis and probability theory; there were no direct applications of my research into finance. onerific
+14 There are a number of discussions about this. I retired in my mid-30s with more than $5.0M, but it is proving to be more than I actually need. CompBanker
+14 Congrats on 5’11 dckogdyioo
+14 What type of roles have you been seeing because we must be looking on completely different planets? IRR you ready to rumble
+14 Then don’t post a ChatGPT generated question BlueBalledBanker
+14 Given I am outspoken on this topic on this forum... I too will take a stab. Somewhat redundant but bit of pushback to prior respondents. herzyherzy
+14 Most diversity candidates at my bank would never receive an offer if they were judged by non-diversity standards. Ozymandia
+14 Agree entirely! My mum came from an insanely abusive household/childhood that gave her lifelong trauma and issues. Associate 1 in PE - LBOs
+14 This website keeps getting weirder and weirder JulianRobertson
+14 I mean this squad looks weak asf unless the macro guy is a killer and y’all want to do a macro fund (insanely hard btw). Analyst 1 in IB-M&A
+14 This was exoduspoints excuse for going on 5+ years now PM in HF - RelVal
+14 But then you have to live in Germany… jimbianco315
+14 get curious about women Analyst 1 in IB - Cov
+14 Hey man, I'm so sorry to hear this. Intern in IB-M&A
+14 My disdain for DEI is exactly for this reason. VP in IB - Gen
+14 Former associate at HIG who went on the 2 YR -> MBA -> UMM / borderline MF path - my take on the firm below: Principal in PE - LBOs
+14 “Balance” is often misused. It is not really a biblical term to describe the Christian life, at least in the modern way we use it for WLB and whatnot. crazylifechoices
+14 There's no right or wrong answer here - this is a personal one.  JoeyJ
+14 From personal experience, I've realized feedback is only helpful when you tell people stuff they can actually improve on for future workstreams / stuff they have full control over. Associate 2 in IB-M&A
+14 Best post of the year hands down.  Analyst 2 in IB-M&A
+14 I get called currymuncher every morning by our security guards Anonymous Monkey
+14 Honestly would tell you to go into private markets. Sequioa
+14 embrace the bald. lots of dudes have a weirdly shaped head (not everyone has a smooth dome like tyrese or MJ). thebrofessor
+14 First of all, you absolutely need to decide on HF vs. PE for a few reasons, not least of which is that they are pretty drastically different ways of investing. Analyst 1 in IB - Gen
+14 Jesus christ these numbers wtf. Excuse my young analyst naivety but what's the point of grinding so hard to just blow so much of what you've earned on ONE day even if it is so important. Analyst 1 in IB - Gen
+14 …your user name is a reference to homosexual prostitution  CRE
+14 I had a similar situation back when I was in college for a summer internship. I was on a prop desk at a large BB. I thought the entire summer went fine. Nobody said anything to me even remotely bad. hominem
+14 At a superday, interview was going well. Started talking about football and how we used to play. Turns out the guy played in college, I only played through high school. Dr V
+14 Adjusted for inflation, comp is down an incredible amount. A dollar earned in 2007 is worth almost $1.60 today…and their comp is higher on an absolute basis. Analyst 1 in IB - Gen
+14 As much as I like to make fun of Zoomers, in all fairness they're doing the best they can with the complete crock of bullshit handed to them by the Gen Xers and Boomers just like the millennials. PrivateTechquity 🚀🚀🚀
+14 Lol. This post is what is wrong with this site. I hope this was meant ironically though I doubt it was. It's abundantly clear the author has no experience in what they're talking about. a321
+14 Don't forget to add the target high schools. Cranberry or whatever it was called GS_Diversity_Analyst
+14 A bunch of people on here are about to tell you to just go harder and wake up earlier, go during lunch etc. etc. NoEquityResearch
+14 I think about this often, and unfortunately I always come to the same conclusion - it is literally impossible to deploy capital to 100% ethical businesses so it's pointless to try. thebrofessor
+14 Don’t let this go. She wanted to out you and this is typical tactic being used by Beckies to eliminate competition. Anonymous Monkey
+14 OP here’s what i would do. Seek legal advice and hire a lawyer. None of us are lawyers but chances are you may have been sandbagged and you may have had your employment rights violated. Associate 1 in IB - Cov
+14 “Mom, how did we get so rich” Analyst 1 in IB - Gen
+14 Epstein didn’t kill himself. Justine Tobin snuck into his cell while the guards weren’t looking. “Jeffrey, do you like Huey Lewis and the News” she asks. 6969
+14 Dude consultants can’t built a model to save their lives I’m not going around doing their work. And the rest of the team can already think we don’t need more thinkers we need doers  ilovemoney
+14 I'm fairly certain posts to this effect have been made in the past, continuously for 7-8 months. Once again, posts and comments have been upvoted en masse. Intern in IB-M&A
+14 “UBS declined to comment.” To “Why have you guys dropped off so significantly under new leadership” Analyst 3+ in IB - Cov
+14 Your physical appearance will take such a big hit from this job so you gotta start out as hot as possible  depressedaf
+14 Associate 1 in IB - Gen
+14 For a bunch of supposedly intelligent people, all of your critical thinking skills are actually abhorrent. Blame it on a friend? What are you, 12? Suing for defamation? 6andthecity
+14 Because your average person understands nothing and it's a seductive narrative petight
+14 Alternatively buy out people’s medical debts for Pennies on the dollar. You could save people from the brink. Associate 1 in Private Credit
+14 When you look into the broader "special sits" category you need to break it down into a few types - distressed/credit and true hybrid capital. Managing Director in PE - LBOs
+14 Just another day in hell recoveringalc
+14 Single best is JPM. Right after that is BoFA and GS. After them, you get a much larger group of banks in one rough tier : Citi, Barclays, UBS, Jeff, and maybe DB. Those are the for sure top 8, after that are the rest. Senior VP in CorpDev
+14 everyone with 2 functional brain cells left is leaving  Analyst 2 in IB-M&A
+14 You are absolutely bang-on correct. Any first-year analyst at the pod shops is better. Intern in ER
+14 Even better than expected- DESTINED IB Analyst BillMurray
+14 Hasn't that been happening? Senior VP in CorpDev