Highest Ranked Comments

+11 All depends on who you work for and the sector you cover. I've been doing equity research for over 5 years since I graduated from undergrad in a good sector for a reputable firm. research_guy
+11 What would I rather be? Well that’s easy because I’m already at a HF and I would take the HF route (and have been in the field for a while). Investment Manager in HF - Macro
+11 Which career paths emphasize diversity the most? Med schools, law schools, and academia. It's not a coincidence. The simple fact is that hedge funds, especially MM, are the epitome of meritocracy. Intern in AM - Equities
+11 Ok sherlock LDN_Monkey
+11 I'm a Booth grad and would push back on your comment around Columbia being more of an institution than Booth. Booth is the second oldest business program in the U.S. and has a long and prestigious history. BreakingOutOfPWM
+11 Put 3.55 on your resume, and 3.6 if there is a drop-down list on an application portal. Intern in IB-M&A
+11 Yes, let's filter out all the gritty candidates who grew up poor and outwork everyone without taking things for granted, while Sharon flies on her dad's private jet to meet bankers, gets the job, and then complains she mis Teller in Non-profit
+11 I believe this former television personality and modest business owner/operator has mentioned it a few times recently - Analyst 3+ in HF - EquityHedge
+11 Given it is an entry level new grad analyst position, they know you are not an industry expert and will not be asking you super detailed questions about the industry (e.g. sublime22
+11 Congrats on Blackstone non-RE Associate 2 in IB-M&A
+11 Isaiah, are you ok?  IsItREPE
+11 Associate 1 in PE - LBOs
+11 Like most things in life, there is no single answer. Jamoldo
+11 I bet Lazard hasn’t thought about you at all Fjsjrjdns
+11 YMMV but horrible take from my perspective. None of the kids in my UMM associate class who went to b school got senior associate or VP offers. VP in PE - LBOs
+11 " you technically have better odds of founding your own company than outperforming an index on a streetstreeter33
+11 Few points to mention: 1. If you have decent stats, they want you there for a) their profile (like all schools) and b) your money (like all schools). ftor71929
+11 Lowkey funny but still shocking some people take time out of their day and write shit like this on WSO Prospect in IB-M&A
+11 Reading macroeconomic thought pieces is really the equivalent of reading horoscopes for finance professionals Analyst 2 in IB-M&A
+11 Went through his history and he's a high school student LMFAO Intern in PE - LBOs
+11 Clients & Potential Future Clients of Baird Industrials – Stop transacting with these guys and paying them your fees. Associate 2 in PE - Other
+11 This sounds like a bad case of coping. Truth is market hasn't been easy for a long long time (if it ever was) and has always required PMs to constantly adjust and adapt. MMPM
+11 sick story, but what happened with the girl? did you get to meet up with her again at some point? takenotes08
+11 ban this kid Associate 2 in IB-M&A
+11 Maybe it’s time to look in the mirror and realize if you have had that many coffee chats and nothing has come as a result, you are horrific to talk with. From this post I think we can confirm that hypothesis.  Associate 1 in IB - Gen
+11 Because this industry is an endless dick measuring contest and you will find yourself extremely unhappy if you compare yourself to others instead of where you were 5 years ago SheRideOnMyPIK
+11 As an analyst (confusingly, in ER, the lowest rank is called “associate”), the base is the same, but IB receives an equal-to-larger bonus. Bankasaurus
+11 If you're thinking about just staying in a bank for the long term, I'd say internal workout groups are one of the underrated groups out there. Works at Oaktree Capital Management
+11 "if you get the sense that the directors all want to do something afterwards, do it. whatever it is, do it" In The Chops
+11 very gay but would follow his advice Intern in IB - Cov
+11 You have no idea what you're talking about: - Alpinvest is one of the strategies/verticals within Carlyle, not even close to resembling a portfolio company m8
+11 margin_calls
+11 I mean I'm not sure if this is what's taught in your curriculum at Brown/LACs but your assumption that they are equal to the gilded 6'3 Eton/Andover/Exeter -> WHYP -> CVP/PJT/Allen/Dyal/M Klein -> APO/BX/KKR -> LowCaliberTalent
+11 PhD in yapping KingKond
+11 This made me laugh. But sir we were in the golden age Principal in Private Credit
+11 Most associates are done by 7-9pm on average I'd say - again, deal sprints are different, but I try to just let them lead process workflows with clear milestones in mind. VP in PE - LBOs
+11 Intern classes are getting more competitive and the list of core schools is expanding. At this point, other banks may be different but for us, maybe 5% of our intern class is outside our core schools. VP in IB - Cov
+11 Not sure on the statistics so this is just me speculating. Rotterdam
+11 Always loved public markets, and it's what I kinda always wanted to do. Never wanted to do PE, just didn't think I would enjoy it. Was never interested in deals or doing operational improvements or working with portcos. HFm0nk3y
+11 Incoming Analyst in HF - EquityHedge Associate 3 in PE - LBOs
+11 Threads like this always crack me up. Half the definitions of “cultured” in here just sound like code for “grew up rich.” TLBandChill
+11 It’s a very different job. Some people struggle in IB because you’re routinely producing work no one actually understands or can explain - it’s just mindless formatting and refreshing of back ups. Associate 3 in PE - LBOs
+11 According to OP you should go die in a hole because you didn't answer his question directly Monty Burns
+11 Literally nothing will change lol. Everyone’s freaking about how Zohran wants to raise taxes, when NYC income tax is set by Albany.   Analyst 2 in IB - Gen
+11 This is hilarious and did not age well. “I mean bro…it’s a dying business.” How is that car wash rollup looking with L (zero) + 400 cost of capital? Anonymous Monkey
+11 Hmm I wonder why? Have you ever considered that both groups face discrimination, but only one has systemic support options like countless diversity programs starting from high school, leaders in government who have th monkeynke
+11 Bro shut the fuck up just move on you didnt get the offer cupramen123456789
+11 Phillips Exeter investment club? mf that’s a high school anotherbananamonkey
+11 I'm going to take a contrarian view and argue that it's not finance you hate, but you've reached a plateau where you're looking to pivot in your career.  FinnesseGod
+11 the last sentence is the most based thing on this site currently and we all know it's true corrido
+11 thank you moelis slave want_the_gold
+11 As an RV macro trader it always baffles me how these discretionary directional guys think they have edge.. here's how they describe their 2024.. PM in HF - RelVal
+11 There are women out there who also want power and to become rich and ultimately don't want to look to another person for their next meal (provide for themselves). liquidiot
+11 I feel like I’m getting more and more depressed everyday. I just don’t care anymore about this job. VIX_Monkey
+11 By the time I finished your post, I had done so much reading that I qualified for an English major at my school Prospect in IB-M&A
+11 Its okay to feel sad. You have to accept your feelings first. If you keep running away from them they will come back stronger. bankerella2
+11 All the following with the caveat it depends on your current age, family history (genetics),etc. And obviously ask a doctor and DO YOUR OWN RESEARCH - don't blindly follow advice from a 26 year old anon on WSO.  Analyst 3+ in IB-M&A
+11 the chinese are pulling ahead in AI and robotics and nanotechnology. what makes u think they give af how u do LBO models  VP in PE - LBOs
+11 Largest quotas / streams are reserved for gender based diversity with white women being prime beneficiaries. Unfortunately, they are still ongoing.  VP in IB - Cov
+11 Heres my take on this whole thing, had to make an account just to respond: people go into consulting for three main reasons: (1) they don’t want to grind 80-100 hours a week in IB, (2) they value optionality over upfront c rodenizer.morici
+11 Goldman employees reading this thread, seeing verified MS monkeys debate with JPM employees over who's second best: Analyst 1 in IB - Cov
+11 Try to get the answer right Analyst 1 in IB - Cov
+11 Ah, thats a tough one, but I will take a shot. GekkotheGreat
+11 People will tell you it's shit because they are prestige whores and the PE exits are not the best. Same goes with any other LMM or Japanese bank. margin_calls
+11 Looks like WF and Barclays have a better argument of being a BB Associate 2 in IB - Gen
+11 No. Your mom keeps me busy. Quant in HF - Other
+11 It depends what you define as value investing — buffet talks abt his confusion in the terms value vs growth investing as growth is one of the many factors to be considered in value investing. Associate 2 in ER
+11 Wtf that rat answer is amazing Monty Burns
+11 Absolutely disagree. You create a useless M&A pitchbook and crank 5 industry pages. What for? Why the fuck would you do it? Just to prove a company you know your market? icantdothisanymore
+11 I would say yes, learning the ins and outs of data science would be a good way to differentiate yourself from others. Rotterdam
+11 You have nothing to worry about age wise. There are people in this industry who would kill to have a wife and kids / they chose banking first, made MD, and have nothing outside of the office. KageSelly
+11 RBC by far has the most aura. Chicks quiver when you say you work for the ROYAL Bank of Canada. Thats some King shit ds12gsh4
+11 Because you need to have a 4.0 gpa and recruit three years in advance to even have a shot at landing these jobs.  Associate 1 in IB - CB
+11 Name and shame please Analyst 1 in IB - Cov
+11 Disclaimer I work at Gugg. In terms of overall prestige, I think it’s a half step down from traditional “EBs” and a quarter step up from larger MMs (Jeff, Roths). I define prestige as deal size, pay, exits. Associate 3 in IB-M&A
+11 plot twist: it’s a guy from iowa or michigan running an elaborate smear campaign Intern in IB - Gen
+11 My advice - VALUE arb
+11 Let me check my Chrystal ball Intern in IB - Cov
+11 The good news is you're not alone. There are a *lot* of mid level and senior VC professionals who will have to find alternate career paths in the next several years. VC_since13
+11 Don’t you have a Calc II exam to study for? data.monkey3
+11 get lost junkie Associate 2 in PE - LBOs
+11 Associate 1 in RE - Comm IsItREPE
+11 Well aside from giving you recommendations to break in. Let me go back to your original posting. mswoonc
+11 Interesting to hear this perspective from someone with boots on the ground.  I once covered asset managers and worked on a white paper with a radical conclusion that in the next 10 years the industry will be solely do CharlesCheese
+11 They do fine, and if your friend was able to get the offer from Moelis, he should be well aware of what's up with the firm and should also have one of the best opportunities that could be provided to an analyst. Analyst 1 in IB - Cov
+11 Your point on sycophantic humorless two-faced bitches just hit me in the right spot. Oh baby, yeah, right there.  Analyst 1 in IB - Cov
+11 is this what going to a target school is like? wtf Intern in Acct - Other
+11 Debt is temporary. Prestige is forever.  Isaiah_53_5 💎🙌💎🙌💎
+11 thanks for ur participation in the the dick measurement contest AS3 now you can put it back in your pants GS under Blankfein
+11 I want you to imagine the worst, most uncomfortable moment you've ever experienced; it's worse and prolonged over 2 years Intern in IB-M&A
+11 This is so false that idek where to begin... knowing the DEI candidates at my MBA program (3 women, 1 latino guy), only the latino was decent. Associate 1 in IB-M&A
+11 Can't be happy for someone who's clearly motivated? Lame ahh person  yopierre
+11 No worries, Astorg HR! Prospect in IB - Gen
+11 Whatever, Handler seems like an out of touch lucky boomer as opposed to gritty CEO that earned his seat. He has so many red flags that modern CEOs that earned their seat do not have. m_1
+11 I'd consider looking at the intern intake: specifically, I'd make note of a certain individual who obtained 9+ spring weeks who has been the subject of this forum various times and seeing the discussion points around them. Prospect in IB - Gen
+11 I read an interesting article that seems adjacent to this problem. Mike_wacczowski76
+11 I reactivated my account just to comment how sad this is.    randomaccount1998
+11 Taking an investment role at a bank backed AM vs. an independent AM, day to day wise, will be largely similar. A credit analyst covering financials, say, will have a ton of banks they cover (number might vary). Addinator
+11 I agree with all of the points above. I'm in growth but looked at early stage VC and often talk to recruits doing the same. My genuine advice is that a VC junior job is a dead-end 80%+ of the time. PE-biz-dev
+11 I've got 3 go to questions that are must asks! 1. What is your current stance on abortion? 2. Would you have supported the confederates during the civil war? (If they answer no, press them on why not) Analyst 1 in IB - Gen