Highest Ranked Comments

+11 1) It's an outcomes business rather than an input business. Have also heard this described as "ideas business rather than sales business". Monkey_47
+11 Thanks, I really appreciate that. losing interest
+11 names that aren’t too weird interesting way to say "no Indian on my floor" lmao Partner in PE - LBOs
+11 This post is so weird and stalkerish and it should honestly be taken down. You are acting like this 20 year old kid is now next in line to be CEO after Solomon. Analyst 1 in RE - Comm
+11 That's just my opinion but your job is to work with everyone you are staffed. Stop complaining about others, be a decent human being and do your job. Prospect in IB - Cov
+11 acardboardmonkey This is an issue globally. Curious to hear what possible solutions could come about over the next few years? Ozymandia
+11 The eternal boomer Prospect in IB-M&A
+11 Director at a Big 8 (think RBC, Raymond James, Desjardins). Strong year for deal flow, broke 250K all in after bonuses. Director in IB-M&A
+11 heard rutgers has been killing it, solid M&A eb placements this cycle  Associate 2 in IB-M&A
+11 The stupid question on AI is sooo real Intern in IB - Restr
+11 It'll be uncs like me deciding on your application, son. MMPM
+11 Oh well no way a fairly prestigious guy could be an asshole decrebepro
+11 Now that you say it out loud, corporations have programmed employees such that reneging on a signed offer is reputation-damaging event. TheEventHorizon
+11 First, just a note that this type of question comes up often, search around for more thoughts/ideas. My quick take.... redever
+11 Just my $0.02 - from my time on WSO - it feels like there is an incredible bias TOWARDS the ivys. frankzombie96
+11 @OP Wow, that first comment is so unbelievably wrong. I can't believe no ones drowned it in MS yet. oldmoneydouche
+11 "If I'd lived in Roman times, I'd have lived in Rome. Where else? Today America is the Roman Empire and New York is Rome itself." - John Lennon Mercurius
+11 It's okay buddy, no need to be bitter about your big 4 accounting gig out of your T20 US News school. hoya420sexa
+11 dumb boomer shit no one is doing this for free Research Analyst in HF - Other
+11 UBS is losermaxxing Prospect in IB - Gen
+11 All very true. The fee structure of buy-side finance in particular though creates an incentive for political games far beyond what I think any other industry experiences (except perhaps literal political office). PrivateTechquity 🚀🚀🚀
+11 Congrats on BofA. No one is taking BofA over Lazard with a sane mind. Even PWP wins over BofA lmao.  Prospect in IB - Gen
+11 a lot of it is the expectation that the deal team turns over every single possible rock (or pebble) in diligence, which can require hours of analysis / reviews of materials for one little grain of info that may or may not Associate 3 in PE - LBOs
+11 Lots of HF guys are unemployed right now  grass is greener where you water it Analyst 1 in ER
+11 Just to keep us busy, it’s basically just fake work lol. Shit I’m not complaining, make a $100k+ salary at 22-24 years old a-non-hardo
+11 Think of recruiting in this industry as "these employers set aside X seats from Y target schools." Target schools won't be 100% of a hiring class, but it will be majority and the path of least resistance.Dartmouth is consi PE-biz-dev
+11 Joe Rogan. Anyone who says he’s dumb has never listened to his podcast or is dumb themselves. Anonymous Monkey
+11 because theyre gay Patrick Basedman
+11 pretty sure if you can rub alexia and stefhaniye feet you get an interview for this sorry ass bank hahahaha ravinder1
+11 I'm a white female. However, I've been through interview processes where my male peers had entire conversations with the interviewer around sports. Associate 1 in PE - Other
+11 Brother this means you are not jacked enough. The only thing thatll be a wake up call to her is if you put on some muscle and have abs. Chicks will see that and be scared that you’re “hotter than them”. KoldKallKing
+11 "Evercore also advised CVX"....ya, I'm not counting them doing a fairness opinion or board advisory engagement as an A&D engagement. MS did that deal. Congrats on working at Evercore though! OilAndGasIsMyLife
+11 This place is mostly summer analysts and analysts, so that will color the responses you see. Notice how few posts there are ragging on other analysts or summer analysts in spite of many being putrid. Rocket Man
+11 I 100% agree with you, and I did the same as you’re doing. I quit in December without much of a backup plan. IB sucks, and it’s just not worth it at all if you’re a decently smart college graduate. Analyst 1 in IB-M&A
+11 I mean this shows people can definitely be white, not black Analyst 1 in IB - Gen
+11 No, it’s not really worth it. While pay is optically high, the actual purchasing power from high finance jobs in HCOL areas has eroded so severely you end up slaving away for not much actual material benefit. KR8000
+11 Based on this trajectory, WF looks to replace UBS as the next bulge bracket bank. No WF is not currently a core bulge bracket. frontierflyer
+11 As someone who left IB/PE after 4 years for corporate making peanuts and seeing all your numbers, it makes me fucking depressed tbh. You all are insane Associate 2 in IB-M&A
+11 The guys or gals at a place like Blackstone go to the best hedge funds. Tiger Global, Viking, Third Point, Eminence, D1, type places. Associate 3 in PE - LBOs
+11 Not reading all that but low IQ boomers refuse to entertain the idea that in terms of opportunity this is not the world they grew up in.  Intern in IB - Cov
+11 I got to real estate from all angles, it's an interesting story. When I was young I always loved houses and the design of houses, and I read about architecture. jarstar1
+11 I highly doubt it. Most associates cannot spot a right from a wrong or a complete from an incomplete answer even if it’s in front of them. The partners need assuring that the model doesn’t hallucinate etc.  VP in PE - LBOs
+11 People just love to find anything other than themselves to blame for their miseries and skill issues. skdkcnc198456
+11 The risk of slacking and doing minimal work is much lower than publicly unionize. Only risk is 0 bonus, but so what. Why care abt 30K post tax bonus when you are making 350K in 2 years? eatbanana1234
+11 Literally one look at the employee list of MF PE on LinkedIn proves this is a lie lol. Sounds like you just have low standards. Anonymous Monkey
+11 Have worked in infra PE at a mega fund for the past few years and I gotta say, this may be the most brutal form of investing from a lifestyle perspective. Analyst 2 in IB-M&A
+11 Love to see two people at the some of the top banks shit on each other whilst there’s people shedding tears of joy because they were able to get a single offer from a shit bank. EquityLockUp
+11 usually the e-trading team at a bank handles the algo trading part of the desk client flows (the smaller size flows) to free up the human traders to deal with the larger block trades. ironnchef
+11 People pay 90k a year for Stern just to lose their IB spot to an international kid whose dad can probably buy the firm flyinggoat
+11 Put it all on red Analyst 1 in IB-M&A
+11 Lot of noise is created from fintwit and bloomberg headlines that distort reality. PC does have problems and I think PC firms that have more exposure to LMM or software would experience some losses on their portfolio. Prospect in IB - Gen
+11 A few random thoughts. BB pros reformed
+11 you dont respond to emails? wtf.  AnalyzeANDchill
+11 All these things can be true: asmith_1
+11 If you do not understand the concept of entry/exit multiples, then you actually do not understand anything about LBOs. George_Banker
+11 Find a remote gig in corporate, travel the world for a few years as a digital nomad, spin up a side hustle. If you love investing, invest your own money on the side.  Associate 3 in PE - LBOs
+11 My friend, life and bonus payments are unfair. The faster you accept this, the better your life will be and you will be able to get on with it. Principal in HF - Other
+11 If anything they should shit on it more... please don't let the masses spoil a good industry. Associate 3 in PE - Other
+11 Sure. Aurum Capital Connect’s a solid example right off the bat, they’re deep in the lower-middle market and built a lean, founder-first setup that actually moves, not buried in bloated-ass workflows. pbwind2024
+11 yes 100% the MI6 and CIA is investigating you as we speak and you will pay a dear price for this heinous crime ultra_user
+11 As someone who did the IB -> PE -> HF thing I just got burned out on the public side. Your PM really sets the tone of the team dynamics, so you have to be absolutely sure that you can work with them for a long time. HF Ape
+11 Somewhere in the world an intern is bored at the desk Analyst 1 in IB - Gen
+11 > "Students at top universities are generally superior " > brags about going to UC Berkeley lol dude PE_Reaper
+11 Why do people write in this retarded pseudo profound linkedin staccato now? It’s like reading a thriller novel for people with the attention span of a goldfish. Analyst 2 in IB - Cov
+11 This all really depends quite a bit on the industry. I think you're being a little bit too focused on the nitty gritty, and would benefit from taking a step back. overandout
+11 I wouldn't focus on the "sexiness" of any particular industry. The only person you should worry about impressing is yourself. Your friends and family members don't go to work every day and do your job for you. speedmerchant
+11 I perhaps have a very biased view since I grew up in capital markets brokerage (on the buy-side now FWIW) having worked for multiple teams at the big firms on both coasts in major markets. Director in RE - Comm
+11 This is one of the best Chicago-based seats you can get, and I wouldn’t take anything over this. Fhad Ceingold
+11 After 8 years of working purely in M&A roles, both as a banker and a roll-up machine, I came to realization that I did not like being strictly an acquisition mercenary that hops to the next deal after the closing dinne CharlesCheese
+11 Writing was on the wall for months at this point.  Analyst 1 in IB - Cov
+11 Not at an MM but I would assume a lot of the PMs that are attracted to the place want to run money and find a way to sneak in as much beta as possible into a portfolio. Research Associate in HF - EquityHedge
+11 I felt sicken reading some of the content of the emails. I hope everyone goes to jail even Trump if he's implicated. NewIndustryHorizon
+11 PE is a shitty job putting your eggs in a downhill asset class. For most other jobs BB brand name will give you better exits. rooseveltfan
+11 Broad process, sponsors, strategics, SWFs, etc. Sarvey Hecter
+11 Reply all, pointing out the errors you found in the deck. Congratulations: you’re the analyst now. VP in PE - LBOs
+11 Analyst 2 in IB - Cov
+11 Software investor (actively fleeing after spending too much time on AI not to). I disagree with 2/3 of your position.  VP in PE - LBOs
+11 Feels a lot of ppl on this forum are a bit too idealistic and somehow a bit irresponsible when trying to persuade 1st year to unionize. eatbanana1234
+11 Can give color for traders although pretty similar for sales At the junior level (analyst years) sales and traders at most banks make basically the same Trader in S&T - FI
+11 In no particular order: Baird, Jefferies, William Blair, Harris Williams, Houlihan Lokey - end of discussion. gerbadghiblardi
+11 you're just a clown who probably gets off of berating people or blaming them for decisions you are indirectly responsible for... given your responses here.. Investment Analyst in HF - Event
+11 Not necessarily (I'm 12 years in). A bank with a brand name also carries a lot more pressure to win deals and your ability to be seen as a truly outstanding banker is much harder. Count WACCula
+11 It’s illegal to retaliate   Associate 1 in IB - Gen
+11 Literally everyone should be documenting via emails to themselves/others on the network and printing them out. Always be covering your ass. Analyst 1 in IB - Cov
+11 I mean honestly the UBS Americas is failing but PWM and bank as a whole is doing fine  Associate 1 in IB - Cov
+11 Lmao did this really happen? Have heard nightmares of M&Ts culture which I thought used to be good but apparently not the last year or two? What changed? Analyst 1 in IB - Gen
+11 has anyone actually confirmed that meal stipends are going away? seems like misinformation Analyst 1 in IB - Cov
+11 I'm egotistical enough to know that doing an interview like this would make me look like a gigachud and turn it down Analyst 1 in IB - CB
+11 The best part about the transition, in my opinion, is being able to deploy my money and get direct feedback from the market as I develop as an investment professional. Investment Analyst in HF - EquityHedge
+11 Seems like OP got a bit carried away Intern in IB-M&A
+11 Maple Sirup SlurperImagine people who actually work at UBS reading these threads. Associate 1 in IB-M&A
+11 Email jeevacation for auto spd Research Analyst in Research - Other
+11 Can share some color here (rough thoughts):Secondaries modeling boils down to a distribution waterfall model to determine what go-forward returns could look like for a secondary investor (and often back into some purchase dirtypotato
+11 Here's a thought experiment: Has anyone in the industry seen lifestyle get "easy" over the past 3-6 months as AI tools have ramped? I sure haven't.  Principal in PE - LBOs
+11 Rothschild has a lot of potential in the US but has done almost nothing to improve over the past few years.  Associate 1 in IB-M&A
+11 So many things are wrong with this. Dyal in S+? Deutsche in A tier? Also why is UBS getting compared to a human turd, they are don't deserve that much praise unknown4234
+11 I've been saying this for years on WSO, and usually get monkey poop for it, because PE is supposed to be some promised land, and no one wants their bubbles burst. earthwalker7
+11 "it didn't seem like you wanted the job, just didn't seem excited about the opportunity" VP in IB-M&A
+11 Open and read the filings. There is a lot of info in there  Earnings calls / transcripts. SuperCashBros
+11 What's up Layne Staley. APAE