+20 It’s a scam and they have absolutely no power.  Analyst 2 in IB - Gen
+20 MDs don’t know how to wipe their own ass, much less use PowerPoint  Analyst 2 in IB - Gen
+20 “Superfan” after I openly admit the banks mediocrity, haha. The straw man argument on “every single UBS post being misinformation” is excellent too. Really great job deflecting my neutral statement. Intern in IB - Gen
+20 Having gone through the same things myself earlier in your career, I can commiserate. BeautifullyConfused
+20 there’s a lot of upvotes because this is a common sentiment shared by basically every junior employee Analyst 2 in IB-M&A
+20 Even though I agree with the above that reading stuff other than the guides is important, I think that practice is what really makes the difference. Intern in IB - Gen
+20 WSO After listing every major PE fund in existence  Intern in IB - Gen
+20 Honestly, most chill UBS employee Incoming Analyst in IB - Cov
+20 MBB > EB > BB in terms of difficulty. Anonymous Monkey
+20 Comps are the main form of valuation for each company. If the Fund owns 10% of a company then take 10% of the equity value at exit. Voyager9000
+20 First, it's important to identify what type of GE interests you. Lots of funds will describe themselves as "growth equity" but I'll break down two main areas of GE below and what type of IB will prep you best. Associate 2 in PE - Growth
+20 It’s not about how you start. It’s about how you finish. It’s not about where you’ve been or where you are. It’s about where you’re going. Associate 1 in IB-M&A
+20 Buy a small business and lose all the money  CEO in PE - LBOs
+20 ah WSO - where 'prospect in VC' gives advice on prop trading to 'Intern in PE' - never change d123123213213dqwdqwdwqdwd
+20 TLDR: you could do anything from liquid credit with leveraged loans and HY bonds (very likely given levfin skillset but seats are limited), direct lending (very likely), opportunistic (less likely without prior credit/buys Zouma
+20 1. MacroJunkie
+20 Sorry to break it to you, but once you hit VP at a BB/EB you have to sign your soul over to Baal at Little St James or Bohemian Grove and officially join the Deep State. VP in IB - ECM
+20 After reading some of these posts I think I’m more of a hedge fund guy, but in reality I’m a Prospect in IB-M&A. Prospect in IB-M&A
+20 i interned with this kid and his narrative is false. what happened was they installed a stripper pole in the middle of the coach’s office for after-pitch favors. Analyst 3+ in HF - EquityHedge
+20 Idk man to each their own. As some people have mentioned the culture is just different over there and people have different mindsets around careers and life overall. Analyst 2 in IB-M&A
+20 This was my schedule last week during earnings. Note: I work from home during earnings. Monday: sick_willy
+20 As an A-A associate at an EB, I went through exactly what you're going through. Associate 1 in IB-M&A
+20 another big long onebagger ramble comin' right up, all based on my ~3 yrs of PE experience so far. YMMV. Some general tips I would tell myself 3 years ago: onebagger
+20 I come from a lower-middle class family and graduated from an admissions-based top magnet high school in the U.S. four years ago. Ended up getting a half-ride to a top/target b-school and was ecstatic. RE-PE
+20 this is the most virgin hardo comment i've seen on this site Intern in HF - EquityHedge
+20 Just so you know, no one gives a fuck. Take it easy. CEO in IB - Cov
+20 It is very rare to identify a professional passion at your age. You are lucky enough to have identified yours, and you have been given an opportunity to pursue it at a reputable shop. MMPM
+20 Short answer is no. Associate 1 in PE - LBOs
+20 Hate tech bros  swe2ibd
+20 Best kept secret on the Street, glad you've been enjoying the gig. Associate 1 in ER
+20 Hey, I am one of recruiting captains for a BB for my target for this year, my thoughts are as follows: Analyst 1 in IB-M&A
+20 Go do whatever you want. Yeah there are generally structured paths to certain areas such as banking to PE, but I have friends who have gone PE from ER. Go HF, go L/O, go Corp Dev. or IR. Street Smart
+20 “The world of investment banking is intellectually stimulating and wonderous. I have wanted to be an investment banker since I was approximately 6 months old. Bigstonks
+20 (1) "I know someone at one of the big AI startups and the consensus belief there is that AGI will happen by 2030 if not earlier." jl12
+20 Truly I see some major issues here and do not think you are a good fit for physical commodities longterm and probably would prefer something like management consulting. marcellus_wallace
+20 They may make you “prove” that you’re gay. It’s not an uncommon practice to bring a gay male into a room and have you make out with him to prove your sexuality if you tick that box during your application process. Analyst 2 in IB-M&A
+20 "mangoeldar" In his 5 part video series Anton Kreil seems to do a pretty convincing take-down of IB as a long term career, arguing for HF as mrb87
+20 The co-heads need to step down if there is validity to any of this. Hospitalizations? Denying parental leave? Insane hours? Analyst 2 in IB - Cov
+20 What do you think 30ish means Intern in IB - Restr
+20 Shocked they thought anything less than 9 springs was worth posting about.  Manager in CorpFin
+20 Net-net: Prestige: MS easy. But prestige is not useful unless hand-in-hand with other things. TheOceanizer
+20 If the financials are so bad what’s stopping them from just closing the doors one day in the Americas and then referring all UBS wealth management to lets say Barclays for a 10% kickback Associate 2 in PE - LBOs
+20 Yeah whatever dude. Keep going to church and spreading good vibes with your prestigious degree and continue to dick around with your colleagues who are just as racist and sexist as you are. You’re in a great spot! Analyst 2 in IB - CB
+20 Its just a fake title cuz i think its funny and i use this site mostly for shits and giggles and not to spread unjustified xenophobia Assistant in Non-profit
+20 Alright - this is something I can speak to here, but I think I can do it a bit differently (and perhaps more from experience). I grew up in West Virginia and Kentucky, but spent most of my childhood in the latter. Manager in CorpStrat
+20 Hmm. Synergy_or_Syzygy
+20 First hand experience. VP in PE - Other
+20 he's at the BB now congrats on ESL Prospect in IB - Gen
+20 I think this is how you should write out your emails: "Good afternoon Sir, Prospect in IB - Gen
+20 No one ever really criticizes out loud. However, we know they are all there, and the beneficiaries had it at least marginally easier than who are not. Analyst 1 in IB - Gen
+20 Banged “x” smokeshows while managing the social budget for the house while under the influence at least 50% of the work week. cpgame
+20 This reply tells you all you need to know about this guy Analyst 1 in IB - Cov
+20 Imagine saying this in an interview and the interviewer replies: "good answer, im actually 'VP in IB - Gen'  who posted it on WSO ystd" conrx
+20 $160,000 being a wage slave is not fuck you money. You're still beholden to someone or something.  VP in IB - Gen
+20 Found the Wells Fargo Analyst  Prospect in IB-M&A
+20 This is so spot on. I remember the whole having a min fee or not engaging with clients talks. Like we are moving up market, all you have to do is talk to bigger clients and they will give you bigger fees.  Associate 3 in IB - Cov
+20 Relax bro we’re not dinged yet, we’ll get rejected in September. For now we just focus on the EB rejections. Prospect in IB - Restr
+20 Watched an intern decide he was going to be super alpha, started assigning other interns work to do. overpaid_overworked
+20 show became so much better as soon as harper wasn't the main character dr0ddy
+20 Analyst 1 in IB - CovSeriously. This thread is a load of crap and anyone who truly grew up with nothing would NEVER pose this question.  NoEquityResearch
+20 Not at Lazard, but appreciate the fact that a junior banker cares about the incoming talent Intern in IB-M&A
+20 I would guess bigger than his pay package at moelis probably Intern in IB-M&A
+20 Hilarious to me that kids end up in these situations. You applied for a job in an industry you weren’t interested in at all? Associate 1 in RE - Comm
+20 SB for that (was hard to choose between helpful and funny), you're 100% right and I retract my statement fully. Was in a bad head space yesterday. Synergy_or_Syzygy
+20 They just assumed that since two BB banks combined, and with "better" barclays leadership, the bank could just do the same deals JPM, GS, MS, Citi do. Retired in IB - Cov
+20 I agree Isaiah. I've been fairly politically moderate over the past 10 years I've been old enough to vote. I've voted for democrats, republicans, and libertarians. kiltedlowlander
+20 The majority of the most popular methods of building mental toughness are short-term focused and unsustainable. They are dependent on core factors that if you remove them, your whole system falls apart. cfperson123
+20 Spoken like a true sociopath MD banker. Associate 3 in IB - Gen
+20 My plan was to leave PE after my two-year associate stint, but ended up getting referred to a Corp. Dev. job in a niche industry I've been trying to break into for awhile... rubiomn9
+20 Average Q banker Intern in IB - CB
+20 Cool. This would be interesting if this weren't the 5th thread on this Associate 2 in PE - LBOs
+20 One of these is not like the others Prospect in IB - Gen
+20 "Experienced management team with decades of experience and a killer instinct to drive results" Associate 2 in PE - LBOs
+20 Under $500: Orient, Seiko, Swatch (Sistem51 Irony collection) Under $5k: Tudor (Rolex’s sister company), Oris, Nomos Under $20k: Rolex, IWC, Bulgari, Cartier, entry l [email protected]
+20 "Cerberus Capital Management is, in part, a private equity firm. That means it often buys companies, controls them, and then sells them. Associate 1 in PE - LBOs
+20 The CS merger really ruined UBS GB. Analyst 3+ in IB - DCM
+20 Wtf is the big green egg? Am I having a stroke? gambaman
+20 I kicked it and abused it Intern in IB - Cov
+20 It sounds like you’re going through a brutal case of emotional whiplash. I’m truly sorry. crazylifechoices
+20 She J on my P till I Morgan OverleveragedUnderappreciated
+20 warning the college kids on this site (of which there are a ton), to reevaluate if they actually want to pursue IB before making the same mistake I and tons of other people have made. Analyst 1 in IB - Gen
+20 I think your premise is incorrect. You are accusing him of being a bad leader because he is penny pinching on drinks despite his wealth. SonicBoom12
+20 Goon at your desk during a client call, will show you’re an alpha Intern in IB-M&A
+20 This is a no brainer pal. Moelis M&A is the best group on the street, especially for Chicago middle market PE placement  thegreatsteve
+20 Ok. Totally agree on point 3 but not with anything else. The point of us reaching out is to get an insider’s perspective of the firm (I.e., learn things that we can’t simply Google) Intern in IB - Gen
+20 cre-23 Where are you located? After 10 years you aren’t clearing 400k? There’s people clearing 400+ at REPE funds in NYC after 5-6 years.  Fred Fredburger
+20 Am I missing something here? The only real international Tier-1 ice cream shop is Haagen-Dazs. Billion with a B
+20 Dude this is literally you Sam I’ve seen your writing before. Same long ass paragraphs, same incoherent logic, fucking stop dude. You’re a clown 🤡  Prospect in IB-M&A
+20 UBS Tech has less than 20 million in M&A revenue since 2022 (3.5 years total). jowoliy229
+20 Ngl I do this face like 3x a day.Every time I end up feeling deep regret as I feel like a drooling retard afterwards Intern in IB-M&A
+20 Because they’re too busy not doing work Incoming Analyst in IB - Gen
+20 Good to know that the  quality of posts on this site are only improving! Paul_Owen
+20 Analyst 1 in IB - Gen
+20 Prospect in IB - Gen
+20 Just like communism, a real Barclays takeover has never been tried… Associate 1 in IB - Cov
+20 Ignore title. I don't think you're wrong about any of the comments so far, but I don't think you're being realistic, either. Associate 2 in PE - LBOs
+20 MD at BB in NYC. No wife/children. 2021 total comp: low seven-figures Restaurant/club expense: $20k Managing Director in IB-M&A
+20 This is only year 2 of a 10 year process, relax Analyst 2 in IB-M&A
+20 Just not in a good place right now from what I’ve read here: -Things feel different this year, and growing concern at the bank Associate 3 in IB - Cov
+20 They simply hired a bunch of 0-2 year MDs from other banks and promoted flunky EDs to MDs regardless of performance.  Managing Director in IB-M&A