Highest Ranked Comments

+13 I am in my early 20s. So, I don't have an experienced opinion on this. I saw my dad work in a government job all his life. He would often get transferred to cities that were days apart from our house. Skeptic Ape
+13 One: APAE
+13 Doesnt seem like you quite get it judging by your use of FT as a non-contrarian news source. But at the junior level on SS, you get out what you put in. Associate 2 in ER
+13 prospective IB intern in 2006: I slept with my interviewer whos boyfriend is an analyst in my group, how do I assert dominance over him? Analyst 1 in IB - Gen
+13 I could tell your either still in college or brand new in the industry. If you think him joining Matthews is a precursor to future success of that company your very misguided. I don’t think you realize how big JLL, CBRE.. VP in RE - Other
+13 I did a study abroad in London for a semester during my ugrad and I also have a few close friends who are working in London, so I'm somewhat familiar with the scene across the Atlantic 10x Leveraged
+13 Point #2 is missing, pls fix Associate 1 in Consulting
+13 Also, there is a real estate happy hour tonight at 241 Forsyth St SW, Atlanta, GA 30303 for all you young bucks with no friends VP in RE - Comm
+13 I also have, and from my experiences I fully agree with all your points - especially the first one. Definitely noticed a limited mindset from others when working in the UK. Intern in IB - Gen
+13 Exercising, researching investments, and most importantly...shitposting on WSO Pmc2ghy
+13 You kinda proved his point… it’s all about fitting into this dominant beer chugging football loving WASP frat star character. wanttobreakin111
+13 You need to look at what does a physical trader do? He/She is responsible for moving products from point A to point B at the specs required. If you do not know ops how will you understand what is physically possible? DeltaDecay
+13 I've said it before but I'll remind again for you younger folks. I know times are tough now and a lot of you are probably anxious for a new opportunity, but remember that this is a long game! VP in RE - Comm
+13 It’s refreshing to hear stories like this, really cool Intern in IB-M&A
+13 I work 50 hours a week on complex Ai models and web development on products that service a massive customer base, and I've earned my salary. You're an intern. SadToBeHere
+13 I’m going A2A. For me, I’m incapable of giving 100% effort on everything. I turn into a miserable human and performance drops like a rock on everything. Analyst 2 in IB - Gen
+13 Never disagreed with every single person in the comments before. But ig there's a first for everything   TheBananaBanker
+13 Your age isn't the issue. The issue is you think you can just start a HF when your track record so far is riding a bull market then blowing up. nutmegger189
+13 Least try hard Ivey kid tigercub69
+13 lol. This is why I'll help any non-target to break in. Makes all the insecure ivy misfits rage.  Analyst 2 in IB - CB
+13 Evercore is not in the same bucket as GS, MS, and Q. Those 3 tend to win pretty much all the major mandates Associate 1 in IB-M&A
+13 Next question on the docket. Honda Civic with 700 horsepower or Ferrari LaFerrai.  Analyst 2 in IB - Cov
+13 Yeah, I hear you, but to be fair to EY, each of the Big 4 fuck up audits all the time. Lester Freamon
+13 I think it depends a lot on the type of bank you're at. I am currently at GS but did internships at smaller banks before. Analyst 1 in IB - Gen
+13 Bond, Stock, Derivative Analyst 2 in IB-M&A
+13 Obnoxiously loud typing. My office has an open layout with close seating arrangements. IBICJ16
+13 Good post, +SB. Sil
+13 I assume the date was not going very well Associate 1 in IB - Gen
+13 That is potentially the dumbest response you could have made BeveragedFinance
+13 Just think of it in terms of trying to measure two different loan sizes with two different rates, and how you could compare them. Charybdis Alignak
+13 This industry consistently under pays, especially on the Developer/Owner side, unless you are at a mega fund. Assistant in Non-profit
+13 You’re an idiot lkjhg
+13 I have friends (VP level) who work at these top development shops and this is the BS they feed to get labor on the cheap. It's the same BS they got fed when they took these development jobs 5-10 years ago. BrandonWilliams69
+13 Capitalism without bankruptcy is like Catholicism without Hell. asmith_1
+13 There is a massive amount of misinformation on this thread. Let me take some misnomers one by one. mergersandacquisitions78
+13 I think this post provides some good perspective; however, I tend to side more with Marcus on this discussion. A lot of what was described was a fairly extravagant lifestyle. ke18sb
+13 Grew up with multiple trust fund friends, and theyre the only reason I wrote what I wrote. No one else could afford to blow off their full time job after taking on $160k in student loans.  Deal Team Six
+13 stupid shit: Jamie_Diamond
+13 Aren’t junior bonuses there 10k? Analyst 1 in IB - Cov
+13 Most of the larger banks that have a presence in DC are defense/government, or real estate focused, with a few outliers: Baird: Real Estate, Aerospace/Defense/Government ne1551_m
+13 This is a touchy subject so let's keep it objective and civil. Your dad has his head up his ass, coding is gay, and my dad could beat up your dad.  Amicable Chungus
+13 Love it, so insecure in current role that lacks prestige in brand that need to indicate used to work at a prestigious company - true type a neurotics  ke18sb
+13 Based on what I’ve seen from Wells, definitely in the ugly tier  Analyst 1 in IB-M&A
+13 You'll be surprised when you see that even top analysts from top M&A / RX groups might not make it to a top MF like BX, in both credit or equity. Associate 1 in PE - Other
+13 Depends on shop, but unless you're in debt AM or AM at an institutional LP (i.e. you're managing the actual asset managers) then it is absolutely not a back office role. CREnadian
+13 I worked in biotech VC straight out of an IB analyst position and currently do a decent amount of work with some of the better known biotech VCs (organizing events, helping them find deals, etc). Am Bay Area based. biotech212121
+13 Username checks out StringerBellRE
+13 Left BofA last year and glad I did. It's almost as if BofA could've avoided all of this by getting rid of the dead weight Associates like every other bank on the street did... VP in PE - LBOs
+13 Recently, I personally hired 4 post-MBAs. 1 Harvard, 1 Wharton, 2 Columbia. 1 person from Stanford made it to the middle part of the process but not further - that person landed at another MF (Carlyle / KKR / TPG). Managing Director in PE - LBOs
+13 BMO Metals & Mining Toronto Analyst 1 in IB - Gen
+13 Thank you for the question! not_MECE
+13 The women who know where ASO is on the ladder, let alone if they know what IB is, are not the women you want to hang with lol. Let him compliance-cook God's Sanest Cokehead
+13 We live in a world where prospects care about what wso thinks about their social lives. This has got to be one of the dumbest questions to come out of this forum. Analyst 1 in IB-M&A
+13 Hey man, great post, I appreciate you sharing your lessons which is always valuable for persons who are serious about tradi Mike CL
+13 Just got bumped to VP so figured I'd share.     Location: Mountain West VP in RE - Comm
+13 LOL - the dream is to have as little money as possible in deals and fee & promote yourself!  This is capitalism 101. Ozymandia
+13 I’ll never forget the day my Qatalyst 1st round interview made me re-evaluate my entire life  Analyst 1 in IB - Cov
+13 *PSGs Poor, smart, and gay. GS under Blankfein
+13 Appreciate the honesty. I’ve thought about this quite a bit and I have the rest of my life to work. I also don’t find retiring early attractive. jackopp77
+13 Have you moved up yet? i have some experience in that world (mine and friends'), it's not as easy as you're making it out to be, and furthermore it fucking sucks on a day to day basis. thebrofessor
+13 I lateralled down to the US. I strongly believe I missed the long term view of things. Not even WLB but pay in general.  Senior VP in IB - Cov
+13 I don't think you know what you're talking about - it sounds like you've seen a few infrastructure models with offtakes or dev fees solved to ridiculously competitive levered returns, and are using this as a proxy to expla Associate 2 in PE - LBOs
+13 I think you should focus on this to the exclusion of all else when you hit the desk. jackdags
+13 diversity is bullshit. it's like the someone took the special olympics and combined it with an oppression contest. have you ever been to a diversity event? i've been to a bunch. Analyst 1 in IB - Cov
+13 The least glamorous thing in my view is the subordination of yourself into "the hive" for the purposes of accomplishing broader objectives. kellycriterion
+13 That would be a fair way to screen potential applicants. Analyst 1 in IB - Cov
+13 Direct lenders are becoming more prominent given the sheer amount of money that's been injected into the private credit asset class, but the broadly syndicated market will always remain relevant, and is definitely not goin 10x Leveraged
+13 They don’t keep going up forever - they get crushed when something better takes their place. Capitalism is why we have video games, cars etc in the first place. We need more of it, not less. Anonymous Monkey
+13 August 6, 1945 Prospect in IB - Cov
+13 How would name dropping the firm who fired you screw you over? You're not affiliated with that firm anymore, and mentioning the firm that fired you is not going to get you blacklisted lol. awp123lore
+13 Generally speaking, developers traditionally look at NOI yields (stabilized NOI/total project costs) to determine if there is a sufficient spread between that return and exit cap rates. Ricky Rosay
+13 Yeahhh, you’re getting it now XD pavlav's_dog
+13 I have 7 interviews this week at small investment banks all over the country. They're not Goldman TMT, but they're still IB and I still have a shot. Your career is not over if you don't get a return. Life is long. Prospect in IB-M&A
+13 Pay someone who knows how to identify your home address and that of your parents from your online posting history  Painstakingly dig through your mother's social media and search history in orde CRE
+13 rip inbox Analyst 2 in IB - Cov
+13 4 is the most important point and driver of the ridiculous turnover, pay raises, and 1 time bonus hysteria we have seen over the last couple months. If you worked in IB prior to COVID, it simply was a different animal bankerbuddy498
+13 Not endorsing the MD's comments or policy, but do have to agree that he shouldn't have given him attitude about it.  Not because the 9pm policy is bullshit (it is), but because when you're entry level in IB, or litera BBA18
+13 Ahh here goes another kid who thinks bake-offs are won via management monitored SAT exams taken by MDs of competing banks. Anonymous Monkey
+13 . Investment Analyst in HF - Event
+13 aside from workplace culture... Associate 1 in PE - LBOs
+13 Lol high achieving people do not have one track minds.   VP in IB-M&A
+13 two things for me: (1) in the morning get up and go. ironman32
+13 Too long didn’t read. You’re geeking out over oil in south america on xmas eve lol who cares wso3853
+13 I don't have a list of companies that I truly know are operationally intensive, since so much of the truth sits behind the veil of marketing mumbo jumbo. Capitol86
+13 I won't bother to address the numerous fallacies in the assumptions in the original post as others have already pointed out, but there are many reasons and motivations for people to want to create generational wealth. tamarius
+13 $2-3m in banking MAYBE hits 1 or 2 years out of 10 if the stars align for you and certainly not as a relatively jr MD. Principal in PE - LBOs
+13 The 2 hardest moves are from analyst to associate and from director to MD and for completely different reasons.  In the other titles you will get promoted every couple of years as long as you perform to expectations a VP in S&T - FI
+13 Make a "Faking Race is Paradise - ft IU Kelley" Analyst 1 in IB-M&A
+13 a bunch of stuff: - the transactions that they are working on - most useful excel shortcuts - how to better communicate with the staffer Analyst 1 in IB - Cov
+13 Holy shit I just 10x'd in my pants Analyst 3+ in IB - Gen
+13 I have no issue with having a prenup to protect a large inheritance from before marriage or to protect against spousal debt. But protecting future earnings?  Assist. VP in PE - Other
+13 One guy told me he got 1600 on SAT. Later found out it was on a 2400 scale. VP in PE - LBOs
+13 Hazing from a self-proclaimed asshole Partner ("Partner A") during my first year as an associate at a MM IB firm. VikingSt0rm
+13 If people have no debt, then any assets they accumulate are part of their nw. yabooner
+13 You are receiving some horrific advice in this thread.  Anonymous Monkey
+13 uubiibuvu She called me it after I told her i wasn't comfortable with her use of the "R word" at the office PrivateTechquity 🚀🚀🚀
+13 Would be interesting to see people comment on their general experience working for, with, or against certain DL shops. Analyst 1 in CB
+13 Can't speak from the managerial side, but as someone who had a fantastic boss this past summer, here are a couple things I think make a big difference:  crsq
+13 Just do it bro. We all have to stop thinking so long-term all the time. Always a chance that we don't live to see tomorrow.  Prospect in IB-M&A
+13 I have a Ti-30xiis, but really jealous of my MBA associate who has an Abacus that he frequently uses Analyst 2 in IB-M&A