+13 Really not hard to understand, young people enjoy living in NYC.  It has endless things to offer.  For a lot of people, the ability to live in NYC is well worth the cost differences.  You couldn't pay me to VP in IB - Cov
+13 WRONG, London is the most diverse place that you can work in banking. Literally every team of decent size have at least 10 different nationalities. NY is not as culturally diverse as London. DinhoGaucho
+13 Real shame to see the bitterness and sour taste of those in the replies. Analyst 3+ in CorpFin
+13 While I don't agree with anyone (including black people like me) but especially you, an Asian, using the N word, I'll bite. nutmegger189
+13 Cause I wanted to defer the answer to “what do you wanna be when you grow up?” to a couple of years after undergrad Analyst 2 in IB - Gen
+13 2x in 3yrs: 25% 2x in 5yrs: 15% 3x in 3yrs: 45% 3x in 5yrs: 25% Use averages to get close if it's intermediary. idk anything for 7yrs without paper sorry God's Sanest Cokehead
+13 This gave me a good laugh. By the nature of your post you are a multifamily guy, so here’s another. 123CRE
+13 At OP, I'd say people settle for a lot of reason, thoughts below: ironman32
+13 Yes, came from an acquisitions background. Studied finance in school. I described a lot of challenges above, but the biggest by far has been learning the construction/design side of things. Reading plans. Developer in RE - Comm
+13 Don’t stick your pen in Company ink Anonymous Monkey
+13 I'm 100% straight and sck dck because im comfortable with my sexuality Prospect in AM - Equities
+13 I think it’s all a bit overhyped in terms of how bad things will be - personally think APO is just trying to position themselves well vs peers and justify mediocre PE results (“oh well end of an era for PE, luckily at APO Associate 1 in PE - LBOs
+13 “Find where half of our MDs lateraled to”. zoo84
+13 Ha Beyond Gravity
+13 We get to use Pitchbook and FactSet shortcuts and know Excel secrets (hint: row height and data labels). Intern in IB - Cov
+13 BooHooHoo
+13 Some financier went into the adult industry and kept using the CFA letters after their name. The CFAI asked that they stop using the letters citing one of the character ethics items as their rationale. Anonymous Monkey
+13 For who you are...and for your green card too bottombucketMD
+13 CharlesCheese I wish I had as much passion about anything as you have passion about internet arguments Ozymandia
+13 GS of PE, great for schmucks who are soulessly blazing along the 2+2+2 pathway Analyst 2 in IB-M&A
+13 A person of similar aptitude will probably have a similar earning distribution to PE imo - HF everything just happens quickly. Anchor
+13 Exactly what the title says. Yes it's a memo. Do you have not have any reading comprehension skill? Associate 1 in RE - Comm
+13 TheMoneyMan4321 Hey everyone. Im an incoming sophomore in undergrad. I know I want to take the IB-> PE route and continue from their  Isaiah_53_5 💎🙌💎🙌💎
+13 It’s pretty true. A combo of a few things. The new head of the investment bank has cleaned out a lot of legacy MDs and brought in ones from generally sweatier shops. Analyst 2 in IB - Cov
+13 "donquixote2929" My goal as of now is a metro area in Texas, BobTheBaker
+13 Perspective is a hell of a drug.  Manager in Risk Mnmgt
+13 Im boutta just give up on all of this shit lmao  Prospect in PE - Growth
+13 Can I ask if you are one of those people who gets a 1600 on their SAT first try or has a 97+ average at a minimum. I know people like this, and they are far and few between. LennyPenny
+13 Hi, I'm in SWE, can explain. There's a few factors at play here: BigData24
+13 Raise voice —> client gets pissed —> client calls MD —> MD gets pissed —> HR fires you —> you are jobs less, worse with no reco Associate 2 in IB - Cov
+13 Surprised at all the negativity in this thread. First, wanting to give a gift to someone who’s helped you isn’t weird - It’s a nice gesture and much appreciated. Second, no one ever gives a personalized gift anymore. brickcage
+13 Amicable Chungus Dude was an Associate 1 delegating like a VP staffer.  conrx
+13 Interesting how you cite the private valuations not being marked as a positive... Investment Analyst in HF - EquityHedge
+13 This is benign in the grand scheme of things. Don’t be so quick to shoot people down. They’ll get the opportunity to take a shot at you. Let other people do the dirty work if this guy is being stupid all of the time. kellycriterion
+13 Had a guy on our team who outsourced all of his work to India. He would basically outsource all the PowerPoints/modeling, etc to a couple people there. VP in RE - Comm
+13 Wallstreetoasis skews heavily towards finance so take people's comments here with a serious grain of salt. Ask your peers what they think. skdude
+13 I have seen enough of this to be able to answer. In short, the OP is correct, and there's a reason why CB is less visible and generally lower on the hierarchy. Winnfield
+13 I genuinely, honestly dont understand the bull case for the next 12 months, possibly 24 months. People point to new non-farm payrolls last week for example -- ok? Corner Jump Capital
+13 No. You entirely missed the point of what I said. I mentioned above that a lot of shops aren’t like that, and that it was okay he wasn’t aware. Howard Hughes
+13 I wouldn’t want to work with you because your judgment seems awful. VP in IB-M&A
+13 Tbh there’s more to a school than it’s career placement. Maybe they just really have fun at that school or they’re proud of it. Nothing wrong with loving the school you went to. uniqueusernamehere
+13 Glad this ancient knowledge survived the WFH era.  Associate 2 in PE - LBOs
+13 I mean, this isn't really accurate unless you have no vesting or fully revocable interests, which is the main thing I negotiated on. What's typical, and where I ended up, is 20% tail after fully vested. brosephstalin
+13 At b-school info/meet & greets, these guys would get this big circle formed around them, everyone jockeying to be right in front and ask a question. DukeDev
+13 Like you said in your post, it's a good school for dumb kids. Not sure what's there to celebrate.  Consultant in Consulting
+13 Lying is a despicable move. I wouldn’t respect it, and you shouldn’t respect yourself for it either. Fugue
+13 I went into college thinking I wanted to go to law school but with an undecided major. thexfactor336
+13 Moelis toilets are v clean - only VP and above are allowed to go to the bathroom, others must be at their desks at all times Analyst 1 in IB - Gen
+13 No one will have sex with you because you work at deloitte. Esuric
+13 If you’re a female Credit Suisse intern please bring mace and a whistle to the office randomwalker123
+13 Once hooked up with my roommate called Isaiah who would nonstop text and call me harassing me. Had to call the cops wsoaddict
+13 Yes, obviously. Idiot. Analyst 1 in IB - Cov
+13 People have been waiting for this for over a decade, HUGE win. therealgekko
+13 Moelis and centerview don’t have balance sheets… that’s why they’re not considered bulge brackets. Bulge brackets are full service investment banks as opposed to the elite boutiques who are independent advisory firms. Analyst 1 in IB - Gen
+13 Simply put, your HIM… fire me up!! highroller6969
+13 Very interesting stats - not at all surprised as well about how it breaks down. Most of those unemployed people condition themselves so much to get into PE, that unless they are let go, they'll never leave. Disjoint
+13 List is accurate. Unsure why you think I went to Ross, but I majored in religion studies at Dartmouth.   Prospect in IB - Gen
+13 Is he fat? Joke about how you can get away with eating snacks or how he should try carrots instead of four Miller Lites with his frozen pizza to forget about his divorce God's Sanest Cokehead
+13 I do not understand for the life of me why these posts never mention the bank - why are you protecting them if they threw you under the bus?  BoutiqueAsc
+13 I've no idea what the future holds for crypto currencies or, more accurately, blockchain technology - I try to avoid conflating the two. Addinator
+13 dawg y'all really some corporate simps if you legit think there's a difference between multinational money institution #1 and multinational money institution #2, between groups definitely, but between banks? Analyst 1 in IB - Cov
+13 Blowjobs. You can even reverse-engineer his hourly rate. Number of weeks since 01 January = 13. 13*10 = 130, 13*12 = 156 60k / 130 = 461, 60k / 156 = 384 Analyst 1 in IB-M&A
+13 A very exciting thing that's for sure. Admittedly I don't have ton of 'producers' that I focus on - I tend to buy interesting grapes, styles, etc. within a price point.  Addinator
+13 Assuming 40% tax rate. I/S: Other income (expense), net*: +50 Net income: +30 Cash Flow Statement: blueshine144
+13 Sorry buddy it’s 275 now. Inflation and recession driven. Teller in Non-profit
+13 Until Prospect in IB - Cov confirms so. IndubitablyTarget
+13 What are you looking to originate? In crude and products most of the originators have physical trading backgrounds. Sikes
+13 Hey, just an analyst but I can speak to some of the things that work for me: - I make sure my inbox is fully empty 3 times a day; in the morning, around 5/6pm and before I clock off at night Analyst 1 in IB - Cov
+13 I think a few people here have largely hit the nail on the head (unfortunately they've posted anonymously, so sadly I can't give them direct credit). YoungDumbFullOfRum
+13 Hey man -- sorry to hear you're going through it. I was in the exact same place last year (1st year ASO) and for a variety of reasons could just not find drive in my PE job. rubiomn9
+13 Bitcoin is inherently worthless digital trash. The only reason it ever goes up or down is speculation. Sharky286
+13 I mean the obvious hole in your logic are two pretty high paying fields; law and medicine. You cannot play in either field without a Masters degree. Deal Team Six
+13 First time on adderall? Analyst 1 in IB - Gen
+13 First off, on whether to transfer or not- transferring should almost be out of the question. CountryBumpkinYeet
+13 *few seats in front. Sitting in first class with the 140k base Analyst 1 in IB-M&A
+13 . Prospect in IB-M&A
+13 I blame it on our generation's necessity for validation from others.. social media has turned us into beings that need the attention and "likes" of others rather than our own personal satisfaction. kmac6632
+13 GS IBD > MF PE > M7 MBA > Greatness trying_my_best
+13 I can't believe what I am reading in most of the responses so far...Seriously the guy who commented who's almost a VP and won't spend GBP 3k on a trip unless its his honeymoon? Associate 1 in IB - Cov
+13 At my old firm (EB), the question list was the exact same for diversity and non-diversity candidates. Associate 1 in PE - LBOs
+13 I think an important thing to consider is that people get "stuck" in the MM world and can't move over to the SM world easily for the same reason 30 year old post MBA VPs get stuck in banking, senior associates in VC / grow kpx5ar4SSW
+13 Look at the all in costs, rent isn’t “wasting money”, this is a simple modeling/math exercise (but like everything else your assumptions matter). I wouldn’t recommend buying a place as an analyst for a few reasons: Investment Manager in HF - Other
+13 You're bringing fish and yet you complain about other people's smelly food? Anonymous Monkey
+13 This is a good post. I was basically this person when I finished undergrad. Not a complete social retard by any means (played team sports, joined a frat, etc.), but I was certainly shy/awkward at 21. Cov
+13 My dad raked together $20mm+ and we have several hundred acres of wineries and farms, multiple houses and investment properties, millions in equities and bonds, and a beautiful house. Intern in IB-M&A
+13 Bored today so here are a few I just thought of - curious if anyone here has worked on any of these. I have experience in 1 or 2.  bruce1
+13 How do I get MS for congratulating someone … Analyst 1 in RE - Comm
+13 Very few people make what you make. I would think long and hard about WHY you want to quit and WHAT YOU WILL DO INSTEAD. Anonymous Monkey
+13 it depends on where you come from. Kevin25
+13 Associate 1 in RE - Other Intern in HF - EquityHedge
+13 Anything other than hybrid is just stupid and probably because some boomer hates his life and needs what social interaction he can get, at work dukeblue2019
+13 I interned in ER a couple years ago. The analyst was releasing a report on a company the next day, for which he recently changed the recommendation from strong buy to hold the previous quarter. sickinvestor
+13 Rootin tootin ready for shootin anyway I’m really just looking for advice. Imma leave this forum open and come back tomorrow jilic15816
+13 You have to choose if phsyical health is the one other thing you're going to prioritize. APAE
+13 Yeah I think you might have forgotten to switch accounts bud Liam Gallagher
+13 Banking is a stepping stone for smart ppl and a career for idiots like myself Associate 2 in IB-M&A
+13 I know a lot of diversity candidates who smooth sailed through recruiting this year. These people have it so easy god damn it. Non-diverse are the real grinders Intern in IB-M&A
+13 Rank Firm Five-year fundraising total ($m) Headquarters 1 Blackstone 48,702 New York Analyst 1 in IB-M&A
+13 went woke, went broke God's Sanest Cokehead
+13 If your goal truly is to start your own business, then I strongly believe that PE would be a better place for you than IB. A few reasons/thoughts about why below:   kindheartedconsultant