+14 Any reasonable adult who has seen finance hours knows what it is. And all of us are calling for support to the family and an investigation into the group.  WallStreetOasis.com
+14 The most heinous part of the post by "analyzinganalyst" isn't that it's remarkably douchey (this kid proudly boasts he left IB for CorpDev because his trust fund made him not care about the bonus) or prestige whore-y, thou Associate 3 in PE - LBOs
+14 Man, do you think its a joke to hit 100 mill?  Interns planning on 100 mill net worth by 50. Smfh.  Developer in PE - Other
+14 There are a large number of relationship hires in Asia eg "We'll hire your ne'ER do well son in return for you promising to manda SSits
+14 Personally split on it. One the one hand, it does seem to be accretive so just out of the block there's a lot worse deals they could have done. DavidFosterWallace
+14 I knew this was a LowCaliberTalent production before I even clicked on this thread. asteroid
+14 Finish out strong. People will remember their most recent interactions with you.  Associate 1 in CorpDev
+14 Great post OP. As someone who works in PE (not MF thankfully) but has ex-IB colleagues who went into MF PE, it really does sound like a gruelling existence. falconeagle
+14 1. Game selection - play in markets that are inherently less efficient due to less sophisticated competition and access to information. Tilt the field itself so you don't have to bet on yourself being a genius to win. Investment Analyst in HF - Event
+14 Both mezz and preferred equity can be structured any number of ways, with varying degree of current vs accrual pay and principle paydowns occurring based on cash flow, trigger events, or a fixed schedule. CRELA
+14 I'll give you the math on a high-rise in NC. It's very, very bad and I'm being aggressive in my assumptions too. Units = 300 Total Cost = $165,000,000 Total Cost Per Unit = $550,000 larry david
+14 It's cold asf Steeeeeeeeve
+14 You guys are all over-complicating it. I joined one of Citadel / Millennium after a year of consulting and have been here for almost 7 years. It was absolutely the best place to learn + grow up as an analyst, by far. Investment Analyst in HF - EquityHedge
+14 Warren Icahn
+14 laughable, they debate and discuss bank rankings like they have 34 offers on the table  GS under Blankfein
+14 1) Yes, but you can make such a long list of specialist firms with deep sector expertise and great networks that theoretically lead to great sourcing. Principal in PE - Other
+14 dump your loser friends and find some finance ones. I've found these medicine / engineer people act self-righteous and morally superior to offset the fact they spent more on education only to earn less. sukiduki23
+14 Can’t wait for the next installment: An3 is Paradise Teller in Non-profit
+14 I've seen a consultant with the worst stutter I've ever heard (sounded like he was gasping for air) WITH a strong Japanese accent pitch for 15 minutes to a fortune 10 CFO. cashprrod
+14 “I want a woman to be the mother of my kids” ”I text insta thots when I’m horny” The duality of man Anonymous Monkey
+14 Did he throw monkey shit at you? smartmonkey111
+14 Office in NYC is in a new luxury building in 50 Hudson Yards (same building BlackRock and Meta moved to), and Vista offices occupy the two highest floors (floor 77 and 76). Associate 1 in PE - LBOs
+14 There are always things you could have done better. Owning the layoff outcome is healthy so far as you don’t let it impact your confidence. Much of the result is luck or a lack of it though. VBond
+14 Tossup between Lazard and Moelis. Not sure why there are so many PWP fanboys on this forum. Analyst 1 in IB-M&A
+14 The prestige of your university doesn't really matter at all. What matters is your intellectual horsepower, which most Ivy Leaguers (and similar) possess in abundance. I quit this site because of censorship
+14 It says it gave her actual brain damage. She deserves it and its pennies to JPM Analyst 1 in IB - Cov
+14 There's no mystery lol, everyone's jumping ship because of the absolute disaster that D-Sol has been for GS Analyst 1 in IB-M&A
+14 MDs can't even get a reservation at Dorsia Everybody is cut-throat over who gets the Fisher account SVP invites you back to his home at the American Gardens building to listen to some Ph Intern in IB-M&A
+14 The fact of the matter is, there are arguments for all of the various types of firms (BB, EB, MM, etc) and pros and cons to each. But the job is, essentially, fundamentally different at each one of them. Works at Goldman Sachs
+14 For the love of god please choose the LO. A career done right at one of the t1 LOs would net you many, many, many multiples of what you’d make at the HF. Analyst 3+ in HF - EquityHedge
+14 Real estate in metaverse VP in PE - LBOs
+14 One of the best cognitive enhancers is not reading this subforum  guitar2
+14 I superdayed for classics and got a rejection email for a Superday for financing. What is happening enter
+14 lol glorydays
+14 Does anyone else feel really polarized about the job? Analyst 1 in IB - Gen
+14 No, Tony Soprano never had the makings of a varsity athlete and he ended up being boss of his own family! Analyst 1 in IB - Cov
+14 my takeaway from this is that there's some sad sad loser who has to interview college grads in the office at 1am on a friday night.  if my life ever came to that id probably become suicidal (srs) VP in IB - Cov
+14 Oh hell ya I do this to my gf every day... Clark Cuck
+14 haven't been through this process myself but have advised people on it. I'd be shocked if one of your higher ups hasn't been through the same process. thebrofessor
+14 Sure: HR saying “focus more on candidate motivation and story” and giving explicit instructions to avoid certain topics (LBOs, AccDil) or “keep accounting questions straightforward.” Pretty common when pre-briefing for int SpreadMyComps
+14 OP read this post out loud to your fiance and let us know how she reacts O.J. Simpson
+14 I haven't been a partner at PE firm nor have I been a CEO at a portco, but as a mid-level professional in MM PE, who has worked closely with a number of portco CEOs, I can give you my general thoughts. mrharveyspecter
+14 But what about my 10-12% equity like return with little to no risk Mr. Schwarzman offered   Associate 1 in ER
+14 I treat my job the exact same way and am considered top bucket lmao. Analyst 1 in IB-M&A
+14 >diversity kids get special programs just for them to get hired >receive the same training as everyone else plus the benefit of several diversity-only training programs like SEO Analyst 1 in IB - Cov
+14 Corporate America sucks ass. You got that right. So much meaningless bullshit and busy work that amounts to nothing. Self congratulatory attitudes and posturing all over the place with “hustle culture”. Analyst 2 in IB-M&A
+14 People track the market and will UW even if they have no intention of buying the deal. Ricky_GiveEmTheHeater
+14 Lol I used to subscribe to newsletters but now have unsubscribed from all of them. Some of these consist of 1 journalist writing a bunch of content and commentary and spamming it into your inbox every morning Analyst 1 in IB-M&A
+14 Name checks out Partner in RE - Comm
+14 judging by how this post is written the trust fund is being rapidly depleted due to a rampant cocaine addiction Analyst 1 in IB - Cov
+14 Watch: Coat: Analyst 1 in IB-M&A
+14 What the fuck did you just fucking say about me, you little intern? Prospect in IB-M&A
+14 Cool story bro! monkey0114
+14 At a competitor bank so here’s my opinion - Analyst 2 in IB-M&A
+14 I don’t know why there is this inherent bias against land/single family home development. For those of you wanting to start out on your own, let me ask you this: TheDebtStar
+14 100% ding. First, you're showing yourself to be a far left maniac (and before you cry unfair, I'd so the same act thing if some dude presented he was alt right), I have no interest in working with such a person Sequioa
+14 I've underwritten several hotels. Enough to understand the importance of a few basic due diligence items you'll need to get started including: triple hooks
+14 Lol. Howard Hughes
+14 Sounds like someone I’d do business with Pussy galore
+14 Congrats to your wife  Analyst 3+ in HF - RelVal
+14 At least you don't have to worry about what you're gonna get her for Valentine's Day now 808WSO
+14 You can't sleep knowing there are sub par "I know a guy who knows a guy" hires? Buddy you're going to be staying up for a long time. Rabbit
+14 Having grown up in a third-world country, I can confirm it’s even worse Analyst 1 in IB - Restr
+14 I get very very horny after I drink excellente
+14 I just think it's such a worthless question because below are a few of the most common things you will hear from any randomly selected banker - scratch that, any randomly selected person in IB/Consulting/PE/any generally d Analyst 2 in IB - Cov
+14 All the nepo babies I have known have been very chill people and usually nicer than most of their peers and still very driven. Analyst 1 in IB - Restr
+14 Bro def got a shitty bonus Intern in IB - Cov
+14 "I have one weird trick that can make you billions. Regulators hate me!" YoshiIsAwesome
+14 While those concerns are valid, you also cannot leave out the fact that we were historically left out of the system. Like less than 2 generations ago we still had a segregated south dude. Intern in IB-M&A
+14 “Brokers provide no value” is the take insecure REPE guys have when they learn that somehow a sales pro makes more than them.  Analyst 3+ in RE - Comm
+14 I’ll break this down. Nobody cares if it was JLL or CBRE. Or Joe blow or Joe Shmoe. Or a 7.2% cap or 7.0% cap. Or if the year 1 yield is 4.72% and stabilized is 8.23%. JJP1234
+14 A $1 decrease in costs equally drops to the bottom line while also boosting margins. Assuming a base case of $100 revenue and $50 costs: Associate 1 in PE - LBOs
+14 Really hard to estimate but would guess an average of 70 a week, with random weeks going well above when deals are crazy. The reputation with hours is really overblown / based on experiences from a long time ago. BlueGreek63
+14 I would first say that 'Bidenomics' is just something one of the zoomer interns handling his twitter came up with. Hölder
+14 The Big Shart SubstantialBig
+14 Ridiculous. Didn't you know blacks CAN'T be racist towards Asians? Never mind the fact that black-on-Asian crime is a widespread issue, just ignore it as it's probably fake news  billy_boy79
+14 Anonymous Monkey For context I might be the biggest retard on this forum. I have no mentors and no family in the industry.  Analyst 2 in IB-M&A
+14 Gotta say, genuinely shocked by the majority of the replies on here. Deal Team Six
+14 lol they’re doing everything but answering the damn question. Analyst 1 in IB-M&A
+14 1 Corinthians 13 New International Version Isaiah_53_5 💎🙌💎🙌💎
+14 WSO has moved to cross-industry prestige rankings. No words. KOL A
+14 I've noticed that in the past four (?) application cycles, it really seems to have separated to HBS/GSB with Wharton a distinct band behind (as opposed to the former HBS/GSB/Wharton interchangeability that applicants held APAE
+14 time to put on a show my boy Starlyzer
+14 Guys, doesn't lead to anywhere? Look, I'm the first to admit I'm not in your shoes, but can't A2A lead to BB VP? Then possible MD? Is that kind of achievement really that depressing? Prospect in IB-M&A
+14 I can speak to some degree on this, mostly with a focus on the fund-level / DACH/Benelux operations (not sure if there's significant variance in the GB/Nordics offices). Carolus Arkus
+14 yes but they pay 140 base so its fine Analyst 2 in IB - Gen
+14 PM me for a saas equity research primer. The best one I have come across is the BAML software Handbook. marcus-halberstram481
+14 Did a similar same path as you (2 years at a terrible WLB EB and then moved to Corp Strat for better hours). Associate 1 in CorpStrat
+14 Workout classes are at specific times. And early mornings aren’t realistic for everyone, especially juniors being asked to pull late nights. brickcage
+14 Some of us are blessed with a high metabolism and a tall height. So we have to consume like a beast. Teller in Non-profit
+14 no one ever sits on their deathbed wishing they got into more political arguments with strangers, more time on social media, or more time in the office of a job they dislike. thebrofessor
+14 Man no one is entitled you’re just getting riped off Intern in IB-M&A
+14 This book changed even th Mr. C
+14 "If you invest 25k a year" Let me stop you right there... People are on a hedonic treadmill and inflate their spending to live at or beyond their means. kellycriterion
+14 I thought this was a poem at first Analyst 2 in IB - Cov
+14 How many banking MDs do you know that are actually charisma chads? Associate 1 in IB-M&A
+14 Yo, read this thread from awhile back: VP in PE - Growth
+14 Going to speak about StratFin vs. VC from my own personal experiences. I'll try to add on as I think of more, but here are things that jump out to me: StratFin Pros Big Hero 6ix
+14 Do rates follow a random walk? How do rate pricing models work? Transcending
+14 I think that a lot of people loitering around here have this innate fear whenever they hear "layoffs" they think that investment banking/S&T is going to be purged. But the thing is, Citi is so much more than that. Analyst 2 in IB-M&A