Silver BananaTopicReplies
+5238 years old with no finance experience, too late to get into PE?Hi everyone. I go to a top feeder elementary school and hoping to get into <abbr title="middle market">MM</abbr> or hopefully <abbr title="megafund">MF</abbr> <abbr title="private equity">PE</abbr> down the line. I'm...91
+487Dumbest thing you've said in an interviewCurious about the dumbest things you've ever said in an interview that make for a funny story. I had a coffee meet with associate/vp today (family friend). I have f'd up couliflower ears from wrestling/mma. The associate was a wrestler and commented something along the lines of...273
+433Investment Banking Interview Questions - 15 Answers to Land the Job<!--<img class="img-responsive center-block" src="" alt="Investment Banking Interview Questions: A Comprehensive Guide" />--> I was in your shoes about five or six years ago. I worked as an...202
+323IB Analyst Disaster.Haven't seen this post in a while, and I'm interested in hearing everyones stories. Below I've included my own story, which happened at a large boutique firm on the east coast. It's lengthy but hopefully a worthwhile read. To begin, I'm in the office it's...73
+297Investment Banking Analyst: 15 Things I Wish I KnewI was writing an email to a fellow monkey who is about to start as an investment banking analyst in the summer. It's been a little over 5 yrs now since I was a wee young first-year analyst in restructuring for one of the <span class='keyword_link'><a...164
+286Most Badass Intern Story? I love the stories of interns crashing and burning, drinking too much, or doing something stupid as much as anyone else, but are there any tales from the opposite end of the spectrum? <em>Mod Note (Andy): One of the most viewed posts of 2017.</em> 182
+270On the Job With Simple As… My Research ProcessWhen I did my AMA thread a while back I promised at least one person that I would share my general research process. So here you go... Every analyst has his/her own way of conducting due diligence. There certainly is no one correct way to come to an investment decision, however, I’d argue...145
+260Investment Banks as the Houses of Westeros - Game of Thrones (GoT)In honor of GoT S7 premiering next month, I'd like to pose a simple question to the <abbr title="Wall Street Oasis">WSO</abbr> community. If the investment banks were the Houses of Westeros, which would they be? My Opinion: <span...71
+2565 years ago, I was fired from Oliver Wyman. This is what I learned from it.Five years almost to the date, I was fired from <span class='keyword_link'><a href="/company/oliver-wyman" target="_blank">Oliver Wyman</a></span> (after 11 months at the firm, straight out of ugrad). This is when I'd walked into the...86
+251What I Wish Every First Year Analyst KnewChimps, after working with all of our first years at our firm on several deals, I’ve found that I’m frequently getting asked for tips and tricks that I wish I had known as a new analyst. I’ve listed out some insights on what I think every analyst should know as they begin their stint in...146
+224Never, ever, ever, give up. I know it's a jungle out there guys. It's tough for people just graduating to find jobs, but it's even tougher for those in the work force and those with a non-target educational background to break into Finance (let alone work in a competitive sector). This story is a...97
+2082018 Summer Analyst IB Recruiting Timeline Megathread Page<a href="">See the 2018 Full-Time <abbr title="investment banking">IB</abbr> Recruiting Timeline Megathread Page here</a> EARLY RECRUITMENT PROCESS /...1425
+205Just Turned 30; Here's Some Life Advice/Quotes I turned 30 last week, thought i'd pass some advice and my favorite quotations on to you all. I pulled all these from my <em>grand</em> list so it is by no means comprehensive, just a sample. Enjoy. fwiw I'm ex finance (spent 3 years in <abbr title="investment...116
+196How much damage has banking done to your life?We all know banking isn't easy, and I am usually all about encouraging young people to work hard in finance since the long-term benefits to your career can be incredible. But it's good to be realistic about the job - many of us tend to act like heroic titans of finance who love the...158
+191To anyone considering an MBAThere has been a lot of recent discussion on these forums as well as in the media regarding the value of an <abbr title="Masters in Business Administration">MBA</abbr>. As a longtime member of the community and someone who recently made the decision to pursue an <abbr...190
+181How To Get A Job On Wall Street (When You Don't Know Anybody)Hey monkeys, I'm on a plane from CLT to PHX, and I have wifi, and I'm not in the mood to work on my book. I like giving you guys some of my more thoughtful newsletter articles every once in a while, but I've never directly contributed to the forum. I have a few hours to kill, so...125
+178If I see another "Incoming IBD Analyst/Summer Analyst" on LinkedIn.. I'll k--l someone Guys, This is a serious and sincere plea to any of you undergraduate kids who're using these silly titles on their LinkedIn profiles. Please for god's sake, take this out. It just looks stupid and wannabe-ish. I don't know who started doing this and where, but it's just...207
+177Some Observations from an MDSo I'm recovering from a procedure and out of commission for a couple days, and I thought I would use the downtime share a few observations / career guidance for those people starting out in the business. Take this with a pinch of salt, as its one person's advice, but these are all...132
+165LinkedIn is Getting Bad AgainViewer discretion advised. This is mostly a rant and I apologize in advance. But hey, sometimes <abbr title="Wall Street Oasis">WSO</abbr> gets a little dry so we gotta spice this up a bit. Love y'all btw. 1. Recruiters can lick every inch of my ball$ack....152
+165F*&King AnalystsSo, apparently I haven't been on this site in while, and it'd be a shame to make a return to just complain, but I've emptied the beers from the minibar and it's still way too early to sleep, my body now evading anything approaching a circadian rhythm. Instead of sleeping,...155
+164Best interview advice I ever receivedThis idea was discussed within a comment thread a couple month ago but I thought it deserved its own thread just because of how awesome it is. I wanted to share with you guys a tip that is virtually guaranteed to improve your interviews. Here's what you do: 1. Arrive at interview...152
+156My Private Equity Recruiting ProcessI am about 3 weeks removed from receiving three <abbr title="private equity ">PE</abbr> offers (from <abbr title="megafunds ">MFs</abbr> and top <abbr title="middle market ">MM</abbr> firms), both elated and relieved to be done...128
+153Laziness and the Merits of Hard WorkHere goes a book... and not because I need to defend myself, but because I think I have a perspective a lot of people can relate to but can't necessarily put their finger on. <h3> Laziness </h3> I don't look down on "ordinary" people. I am an ordinary person....125
+150Life after Investment BankingLike a majority of people who are on this website, I used to come on here and write bullshit about a life partly my own, partly fantasy. I'm now going to uncloak the anonymous man and tell you my story. My name is Stephen Ridley. I graduated from a top tier British University with a...349
+149From Private Equity Associate to VP in Private EquityThere's a perception of people on the street that private equity is the cream of the crop. The hours, the pay, the beloved carry, the work itself - is it all greener grass syndrome? Not quite, private equity is pretty awesome by most standards; that's why becoming a private equity...93
+149Anatomy of the 10-KStill jet-lagged by 8 hours from a day and a half in London, I haven't slept for a good 48 hours and remembered I owe <abbr title="Wall Street Oasis ">WSO</abbr> my process for dissecting a <span class='keyword_link'><a...127
+146Working in FIG (Financial Institutions Group) - An Overview.This is a long winded post and is tailored to people looking to get a good look into <abbr title="financial institutions group">FIG</abbr>. We're unsure if there is demand for content like this but... 1) if you guys are interested in <abbr title="financial...79
+144From Homeless to Front OfficeAbout a year and a half ago, I posted about getting 20+ interviews and no <abbr title="full time">FT</abbr> offer (<a href="//">20 Company Interviews Later...No <abbr...150
+141Piper Jaffray: Sweatier Than Ever in 2018Takeaway message: Piper Jaffray (PJC) is a massive sweatshop. Probably one of the worst <abbr title="middle market firms">MMs</abbr> for work/life balance from what I’ve seen and heard. Imperial Capital is the only other <abbr title="middle...149
+138Summer Analyst dies at Lincoln InternationalDid anyone else hear about a summer analyst dying recently at a Chicago MM? Apparently he had worked some crazy amount of all nighters. Unclear as to what the exact cause of death was. I’m not bringing this up for e-cred but to say that this shit is absurd and needs to change, I’m sure...160
+129Ranking the Douchiest People You Will Meet On Wall Street by Where They Went To Undergrad**Update:** See the Non-Target Edition <a href=""> here</a>. <h3>The HPY Kiss Ass:</h3> Imagine this: The entire analyst class has to...74
+128Want to get me on the phone? Here's how - a networking overview.It’s been a slow day at work, so I decided to do something useful and type up this thread with some basic networking tips. I went into my background in detail in <a href=”//”>my lateraling guide</a>, but basically I went to a...196
+127How I turned tragedy into triumphHello my fellow Monkeys, Although I've been stalking this forum for a year and a half, I didn't have the courage to officially join until recently. I'm currently in my second internship with <abbr title="JP Morgan">JPM</abbr> and have some down time after...58
+125To All My Future Rainmakers<h3>Disclaimer</h3> This post isn't meant to be a salty venting, but more of a sharing some of my self-realizations from the past year on things that I wish I had fully understood 12 months ago. “Congrats on closing your deal!” “You were a rockstar on this one –...77
+123Searching for a Summer Internship?<em>Mod Note (Andy): Bumped this back up from winter 2010 and it is still useful, but <strong>even more companies and banks are listed in the <a href="//"><abbr title="Wall Street Oasis ">WSO</abbr>...133
+123MD never sleeps (growing suspicious)So I've had this hunch for a while and wanted to get others thoughts. Before you think I'm crazy and sleep deprived just look at the evidence I am about to bestow upon you all. Over the past year I've been growing suspicious that my MD is a vampire... There are several reasons...27
+122Chicago: The best all-around U.S. city Recently, as I contemplate my life in this soulless dystopian tech city, I cannot help but fantasize about Chicago and how awesome that city really is. So underrated. The only true negative is the winters. Consider the following: 1. Very cheap for a major city, especially rent. There are...405
+122I bumped into Lloyd Blankfein on the street and called him Jamie Dimon Disclaimer: I've made a throwaway account due to the crippling embarrassment of what just happened to me and my fear of being connected to this in anyway. I'm <span class='keyword_link'><a href="/company/goldman-sachs"...77
+122Why Prestige Really MattersSo, everyone is a prestige whore in some way or another. Let's be honest. For every 1 person who can afford to pay cash for an S500 AMG but drives a Prius for the mileage, there are 100 million people who finance a car they can't really afford. The same applies to school - How many...85
+117Coffee Is For Closers You think I’m f*cking with you? I am not f*cking with you. I have been noticing a very cancerous trend in this country. A trend that has even leaked onto <abbr title="Wall Street Oasis">WSO</abbr> in many aspects, which is arguably filled with very ambitious and...138
+1172018 Full-Time IB Recruiting Timeline Megathread Page<a href="">See the 2018 <abbr title="investment banking ">IB</abbr> Summer Analyst recruiting megathread here</a> <strong>Updates:...990
+116Suck it up: 8 Steps to Getting through 100+ Hour Weeks as an IB Analyst<em>This comment was a response to the @ContemplatingBanker"'s post on <a href="//">"How to Deal with the Hours"</a> (find this comment lower down on page 2). Patrick called this "one...71
+116From BO to IBD, kid gets fired on the first week.Monkeys, Wanted to share with you this story that happened at my company. Happened on a different team than I'm in in, but in the same building. Kid starts out in the <span class='keyword_link'><a href="/finance-dictionary/what-is-the-back-office-BO">back...102
+115Google's Ideological Echo Chamber *Updated*As you probably saw this morning with a headline along the lines of “Google Anti-Diversity Memo” or something similar, someone at Google wrote a 10-page piece that challenges the status quo regarding the gender gap. The actual title is “Google’s Ideological Echo Chamber” and by the...222
+114How I got a 770 on the GMAT . . . whitecollarandsuspenders versionFirst, shout out to @phantombanker" for his original work "How I got a 770 on the GMAT with minimal effort while working banking hours" which I attempted to pay homage to with the post title. ### Introduction **Re: This Post** This post applies mostly to the Quant...79
+114I'm an average joe making good money for family and enjoying a chill life. What am I missing out on by not pursuing prestige?Hey guys. I'm a 29 year old white male with a loving wife and 1 year old son. I went to a state school (Cal State Fullerton), graduated with a 3.1 GPA (didn't give a crap about school, just partied) and then got a sales job. Then I busted my ass (I'm not analytical or smart, but...166
+112Overview of Infrastructure Private EquityHello <abbr title="Wall Street Oasis">WSO</abbr>, I have been a long time lurker, and this is my first post (or maybe I am one of the top rated authors who decided to make a post anonymously). I have noticed a certain lack of information about infrastructure investing on...89
+112From Real Estate Finance to Founder of Development Company - AMAI've been an observer on this site for a few years. In my mid-40s but use the site to keep current on how younger guys look at the business, career expectations, etc. Thought I'd do this AMA in order to pass on what I've learned (though it's your call as to how much you...139
+10915 Career StepsLongtime reader here, left the biz in 2012. I thought I'd give back and post some good advice that was shared with me by an older mentor when I was younger. Learn it. Use it. Live it. Hope you find it helpful. <h3>15 CAREER STEPS</h3> 1.) Perception is everything...act as...35
+108OFFICIAL prestige-caller 2018 prestige rankings**Most Prestigious Cities:** Gods of Prestige: New York, Hong Kong, London Very Prestigious: Chicago, San Francisco, Singapore, Zurich, Frankfurt Prestigious: Charlotte, Houston, Atlanta, Washington D.C., Boston Meh: Los Angeles, Dallas, Miami, Minneapolis, Philadelphia F*ck Your Life:...145
+107Idea Generation... and Why Wall Street Sucks at ItFinancial planners, mutual funds, <span class='keyword_link'><a href="/finance-dictionary/what-is-an-exchange-traded-fund-ETF"><abbr title="exchange traded fund">ETF</abbr></a></span> managers, and even Warren Buffet all say the...94
+105J.P. Morgan - Video Interview Invitation Corporate & Investment Banking Summer AnalystI just got offered a J.P. Morgan - Video Interview. What should I expect? This is what was stated in the email. "As mentioned previously, we would like to give you the opportunity to tell us more about yourself and invite you to record video responses to 3 questions." Please let me...714
+104Things Employers Tell Interviewees and What They Really Mean11 Things Employers Tell Interviewees and What They Really Mean <h4>1. "We Have a Very Flat Hierarchy":</h4> We have a few VPs that take home all of the carry and three dozen Analysts grinding out all of our legwork because it's cheaper. All you little shits are...46
+104How have you helped your parents after you entered finance and are making $$$?My dad and mom, who are poor, but sacrificed a lot for me (working 2 jobs, working on weekends, etc.), I'm sending them off to a nice long vacation, all paid by me. What have you guys done for your parents, just out of curiosity? Also paid off all of their debt they had (under 5k). Seems...72
+104Silly Shit Interns Do<em>Mod Note (Andy): Throwback Thursday - This was a originally posted in June 2012</em> So the interns are out in full force. Hoards of them. (Before I get into this-- I have no idea why they are called "SA's" these days- they will always be interns to me.) I...153
+103Overview of the Equity research Industry I was motivated to make this thread after reading a lot of the other threads in this forum, about why certain top analysts are still on the sell-side. It appears that almost everyone who doesn't work on the buy-side or sell-side, or even a remotely close front office position fails to...120
+103What investment banking is in simple words and my story There are a couple different paths that you can take as a finance major: <ol> <li>Commercial Banking </li> <li><span class='keyword_link'><a...150
+103You know you have "made it" when ______What do you think? What is a sign that you have really succeeded in life? How high have you set the bar for making it?130
+101David and Goliath: The Boutique and The Bulge Bracket<em>Mod Note (Andy) - #TBT Throwback Thursday - this was originally posted on 10/11/13 and is great information for those thinking about which types of banks to apply to for <abbr title="full time">FT</abbr> and <abbr title="summer analyst...75
+100Investment Banking Resume Template - Official WSO CV Example<img src="" alt="Investment Banking Resume Template - Official WSO CV Example" /> <p><b>Attached to the bottom of this post, you will find the Wall Street Oasis Investment Banking Resume Template...156
+99Most uneducated/dumbest thing you have said in an interview?I'll start us off. The first one is not quite dumb, but funny nonetheless. I applied to a retail banking (teller position) internship years ago to get some first-hand interviewing experience, knowing very well I didn't want to go into retail banking. When the interview was over, I...95
+98What is the best career advice you ever received, and from whom?Patrick surprised me by getting a site feature implemented within 36 hours of its suggestion (context [here]( I want to test out the new feature where only Certified Users can respond, so I took a...102
+97Stop reading the news thoughtlessly and develop a macro framework.When I joined the industry, fresh analysts like myself would flit through the morning newspaper like a drowning man who clutches one spar after another for support. Our attempts to stay abreast were as haphazard as that man’s attempts to stay afloat. On page 1, we would read an article...53
+97The Iceland bet - How some hedge funds made huge moneyHello guys, I'm an Economics graduate from the University of Iceland. I thought I'd share with you some information that I believe has never been made public before, at least not in English. It's a story about some brilliant investments that made a select few hedge funds A LOT...51
+97Thoughts From a Former Navy SEALI can't answer if <abbr title="private equity">PE</abbr> is the best job in the world but I can offer a little outside perspective that some may be interested in. Having spent the better part of the last decade in SEAL Teams and other specialized units, I found...84
+96You are a bottom bucket analyst if...Enough coddling: by definition some people are the bottom 15%. For those of you who don't have the self-awareness to recognize you aren't cutting it, here are the signs (real life examples). If you do any of the following, I shouldn't have to explain to you why you are a bottom...55
+96Funniest things MDs sayList some of the funniest phrases your MDs have used Ex: "spin your wheels" "bat this around internally"118
+942019 FT Analyst Recruiting Timeline<em>Mod Note (Andy): 8/16/18 - Updates continue to roll in, make sure to check <a href="">page two</a> for the must up to date information.</em> Haven't seen a thread on...845
+94I'm bored: Macro Hedge Fund PM Q&AHowdy folks, this market has me bored to tears [edit: I'm truthfully also just having a harder time getting a read on conditions than at any point in my career, so that is prompting both frustration and introspection], and just for work-unrelated reasons, I have a bit more free time on my...207
+94How to Crush Your Informational Interview<em>Mod Note (Andy): "WSO Best of 2013" - this was originally posted Aug 1st.</em> So summer is winding to a close and recruiting season is rapidly approaching. Monkeys will be dusting off their resumes with the hopes of securing <abbr title="investment...62
+94Shut. The F*ck. Up.Disclaimer: I abhor both candidates who captivated the nation Tuesday evening as their bizarre and disgusting efforts over the past year that made our country look like a flaming pile of shit in a paper bag, desperate to be stamped out, reached their ultimate climax. I wrote recently about both...133
+93Do you hate poor people?As much as Donald Trump? In the last week we've seen proposed plans come out of the white house that: Gut medicaid and limit access to low cost private insurance Cut low income housing programs Cut low income food programs Cut after school and summer programs primarily attended by...232
+93Depressing Moelis & Co. Staffer EmailSo this email has been making the rounds all day and it was sent by an <abbr title="New York City">NYC</abbr> Moelis Staffer to all the analysts at the office after finding out that many of them weren't in the office at 2AM. Each number listed was crossed out to...201
+92"Alternative Facts"Who saw the interview with Kellyanne Conway on Meet the Press this morning where she outlined the "alternative facts" the press secretary was offering yesterday about the about the size of the crowd at the inauguration on Friday? Truly bizarre that White House representatives are...203
+92Things Bankers say in emails Investment Bankers have a secret way of communicating with one another. Whether it's a discreet nod or those matching Ferragamo shoes/ties, bankers have a fraternal pact with one another that everyone outside the industry just wouldn't understand. However, you'll soon realize...146
+91Why I Left PE & Switched to the Public MarketsI compiled this post because I've received several questions aroud this topic in private messages and I thought it may be helpful to discuss my experience with a wider audience. I would like to caveat all of the information in this really long post below by saying that these are all broad...72
+91Contacts Template for NetworkingNetworking is one of the key factors in the success of most young professionals. Whether it is gaining valuable advice or getting a leg up in the hiring process, networking opens doors and unlocks knowledge that would otherwise be hard to find. <h3>best way to track networking...84
+91Burnout / Life Choices<em>Mod Note (Andy): <a href="">make sure to see the top comment below</a> by user APAE</em> All, Created a burner account here to talk about burnout and life choices. For...94
+91What's the worst that can happen?Hey boys, I'm in a bit of a pickle here at work and I need some opinions on how much shit I'm realistically in. For context, I am a top-performing second year analyst at a <span class='keyword_link'><a...126
+90I didn't even know what Investment Banking was until my junior year of college lol (Information is key)I am a minority, first generation college student, brought up by a single mother, lived in the hood, etc, etc... Throughout school (K-12) I didn't know shit about anything. I didn't know the importance of a high school GPA because none of my friends (at the time) did either. Nobody...67
+90We eat what we kill.<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 4/30/10. To see all of our top content from the past, click <a href="//">here.</a></em> The following e-mail has been going around...125
+8830 Weeks Later (Re-imagined)<h3>Week 1: Training </h3> You arrive through the large glass doors in your suit and tie. You went to that Brooks Brothers outlet store or Macy's store and bought the nicest white shirt you can find. Your shoes are from one of those large department stores. You even have them...18
+88My journey from no-name boutique to PE MFI have been a long time lurker and recent poster here, I have got so much from this community, I can say I would not have done it without you so I think it is time to give something back. I am sure you heard stories like mine but I hope this can be inspirational to some of you. <h3>My...57
+87Take a Knee: Trump, the NFL, and the First Amendmentdeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedelete265
+86Life as a Top Asset Manager<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 3/24/13.</em> So I've seen a few posts lately asking about mutual funds, Asset Management gigs, and alternatives to the sell-side out of college, and hopefully my experience taking the asset...186
+86Why are we Obsessed with "Work/Life Balance"?I've been doing a fair bit of thinking about the idea of a "work/life balance", and it's a topic that I encounter more often on this board than just about anywhere else, so I thought it an appropriate forum for discussion. When I was in college interviewing for the typical...149
+83Ask mbaMission about Business School Admissions<abbr title="Wall Street Oasis">WSO</abbr> is excited to have the experts from mbaMission on board to answer applicant questions in the business school forum. mbaMission is the world’s leading <abbr title="Masters in Business...219
+83Life Goes On...[quote]In three words I can sum up everything I've learned about life. It goes on.[/quote] -Robert Frost From the outside, my life right now looks great. I graduated with high honors from one of the world's best universities, completed my banking stint in a top tier group and am...114
+83Non-target --> FT Off-Cycle IBD AnalystSo I have been around here for about a year and half now, and have to say thank you to the community. Really learned a lot and got my foot in door based on the advice on these forums. ### The Non-Target School Now for my story, I attended a large (20,000+ students) non-target school. We...43
+82Who else is shorting Morgan Stanley?**3 reasons why <span class='keyword_link'><a href="/company/morgan-stanley">Morgan Stanley</a></span> is headed to zero** 1. Their CEO, James Gorman looks like a fucking muppet. He isn't even bald! 2. In 2008, the last time they were...48
+81Pro Forma GPA on Resume?Monkeys, I feel that my GPA has really been holding me back lately. What are your thoughts on putting a pro forma GPA on my resume? I was thinking it would look something like the following: <img src="/files/styles/w800/public/inline/images/capture_6.png?itok=iQ9NBnFi"...15
+81Hilarious Barclays Goodbye EmailReceived this floating around last week. Apparently it was written by a <span class='keyword_link'><a href="/company/barclays-capital">Barclays</a></span> kid that just left. For those of you who have bosses who love to use business metaphors and...49
+81"I can't stand interns who __________"Pretty self-explanatory: just looking for traits/habits/characteristics of interns that really piss you off and might preclude them from getting a <abbr title="full time">FT</abbr> offer. 84
+81The Real Estate Job Hunt - How are people doing?I'm curious to see how other WSOer's job search for <abbr title="commercial real estate">CRE</abbr> is going. Are people seeing a lot of success or struggling?417
+81What You Should've Done by 21: a Controversial Guide to a Realistic Outlook<em>Mod note (Andy): Throwback Thursday, this post originally went up on 7/11/12.</em> I promised a few people some long overdue wisdom, but haven't had the motivation lately to actually write something up. But after reading <a...127
+80Confessions of a former second year IB Analyst<h3>Wrapping up My Stint at an Elite Boutique Investment Bank</h3> For reference, I finished my second year as an analyst in May 2016. I did <abbr title="mergers and acquisitions ">M&A</abbr> at one of the top <abbr title="elite...15
+80What I've learned so far after 1 yr at a top MBA program (If I could do it over):The main takeaways are either headers or in bold. <h3>If you get accepted to multiple top 10-15 schools, take “prestige” out of the equation.</h3> I always tell the story of my good friend who passed up a full ride at Columbia to pay full freight at Wharton due to...153
+78How much money have you saved?I'm 25, and I feel like I have hardly any money saved. I'm looking at going to b-school soon, and will definitely have to take out loans. I don't think that's surprising, but it just got me thinking about how much is normal to have accumulated at this point in my...340
+78Mental Disorder called LiberalismIn which direction is this world heading? I don´t think there is anything I hate more than Liberals. What do you guys think causes this "trend"? - -...216
+78Checking in 6 years later [IB to MBB transition]Hi guys, Feinstein here. Short story is, a bit over six years ago, I posted on this forum regarding a career decision on whether to stay in <abbr title="investment banking">IB</abbr> or go to <abbr title="McKinsey, Bain and BCG">MBB</abbr> (<a...119
+77My Personal Gym Shit ListWelcome to a personal rant. I don't care that this looks like a Buzzfeed listicle, because I've got a bone to pick and my opinions matter the most. Here are the five types at my gym that I wish would instantly disappear, leaving only me and the other swole gods, and a bunch of hot...193
+77Former MS M&A / KKR here to field questionsIn the spirit of thanksgiving, I have decided to host a thread where you can ask all you ever wanted about banking or <abbr title="private equity ">PE</abbr>. Please feel free to ask away.254
+76I'm TiredBurner account for venting purposes. I'm tired. I'm tired of working at a bank that never wins <abbr title="mergers and acquisitions">M&A</abbr>. I bet they don't feel this way at Lazard. I'm tired of the umpteen thousandth pitch where...66
+75Just So You Guys Know...<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted in August 2007 and it's scary how accurate @bondarb" was in predicting what was to come next:</em> [quote=bondarb]<p> is very possible that a big name like Bear or Lehman could flat go...132
+752016 APD/ADC MBB Full Time Recruiting UpdatesHey guys, Thought I'd start another thread for those of us APDs/ADCs (read: spent too many years in school) who are applying for full time positions either earlier this year in the Spring (<span class='keyword_link'><a href="/company/boston-consulting-group"...860
+75Summer 2017 Investment Banking Interns - Do's and Don'ts ListOkay, I lied. This is only a don'ts list. Keep in mind, these are just some items I picked up from my experiences throughout the years. I'm not sharing this as a person who treats interns like dicks. I'm sharing this because I love y'all, and we all are here to help you...178
+75Strangest thing you've seen/heard at work?One of the things <abbr title="Wall Street Oasis">WSO</abbr> has shown me is to not always judge a book by its cover -- some of you have some real interesting things that happened to you. That said, what are some of the most strangest things that have happened to you while...118
+75You don't know anything— 5 things to do about itThroughout my career I was constantly reminded of how little I knew. When I interviewed for the job at <span class='keyword_link'><a href="/company/goldman-sachs" target="_blank">Goldman Sachs</a></span>, as a finance major writing a...43
+75Business School Case Books<h3>Consulting Case Book PDF's</h3> I went through the consulting interview process a few months ago and found these case books really useful for practicing, both with people in mock interviews and for solo issue tree practice. I have also really benefited time and time...69
+74Corporate Politics, Job Outsourcing, Might Get Fired, How To Play Cards?I’m in a corporate politics situation, which is an arena I’m not very experienced in, and am coming to you for advice. Please keep replies relevant to the topic at hand and not just calling me a bad person and whatnot. If you’re one of those “gung ho off to work we go” people who...239
+74HF PM AMAThere appears to be some demand for an <span class='keyword_link'><a href="/finance-dictionary/what-is-a-hedge-fund-HF" rel="nofollow"><abbr title="hedge fund">HF</abbr></a></span> AMA, so here goes... I believe this...193
+74Why tech is overrated for MBAs (and why banking is underrated) As an <abbr title="Masters in Business Administration">MBA</abbr> graduate from a top program currently working at a FAANG tech firm, I have to get this off my chest. Tech has been super hot at <abbr title="Masters in Business...148
+74How NOT to NetworkFollowing up after an info session is great, especially if you actually took some positive information from it.... However, there is a new email circulating Wall Street that may not dethrone the "Barclays Welcome to the Jungle" one from a few years back but.... here is some...116
+74Finance Culture - Personalities<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 5/20/13. To see all of our top content from the past, click <a href="//">here.</a> Make sure to see the great comment below by...120
+73From non-target to BB CEO: My story<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 11/25/13. Check out @DickFuld"'s current AMA <a href="//">here</a>. To see all of our top content from the past, click <a...254
+73What is wrong with Linkedin "entrepreneurs/CEOs/Founders/Experts/Value Providers"?I've been using linkedin for a couple months now and it's ridiculous how many people give themselves big titles like "CEO" when they haven't even graduated college. It seems like my generation is **obsessed with entrepreneurship** - so much so they start to *"fake...62
+73Investment Banking in the UK - An OverviewI’ve noticed a few more UK-related questions popping up and as this site has (understandably) been very US-centric over the last 5-10 years I thought a brief overview of what the industry is like in the UK would be helpful. **Who Are The Firms?** * **Bulge Brackets** – the usual...347
+73Advice From a Seasoned Equity AnalystRemove this post. It is 5 years old, out of date and I keep getting messages about it! Thanks v. much 108
+732019 Summer Analyst Program for Hong Kong/SingaporeAs some of the firms have already started accepting applications for 2019 for <abbr title="Hong Kong">HK</abbr>/SG, I thought it's the time to start this topic for those who are specifically interested in working in <abbr title="Hong...1154
+72Do You Envy The Rich Kids Who Got A Shot At Their Careers Through Their Parent's Influence?Monkeys, one of the best aspects about this community is that people talk about their stories and opinions in a candid way. I was reading this [article]( which said that millennials...123
+722018 Republicans vs Democrats POLLAfter reading about the taxes on bonus thread, I am now curious about the political breakdown of users on <abbr title="Wall Street Oasis">WSO</abbr>, and I'm sure you are too, so I'm making a quick, anonymous and simple poll. Please vote and fill out as best as...45
+72To summers hitting the desk Monday...<span class='keyword_link'><a href="/guide/wso-internship-guide">Being a summer analyst</a></span>/associate in investment banking is a rite of passage that you will never want to do again, but will be happy you completed. As someone who did this...21
+72Funniest Stories - The Analyst YearsAlthough working as an investment banking analyst was a living hell at the time, I now look back at my years with nostalgia. Luckily, as time passes, the 100 hour weeks just blend together and the pain has gone away. Of course, I'm still irrationally uncomfortable and nervous whenever I see...74
+71Eight Habits of Top Bucket IBD SummersWhen I was starting out in finance a while back, <abbr title="Wall Street Oasis">WSO</abbr> was an amazing resource and really helped me so I thought I'd give back. This is my first real post on <abbr title="Wall Street Oasis">WSO</abbr> and I...32
+71How I Cheated a Drug Test for an Offer I Didn't AcceptI apologize for the length of this post, there is a lot for me to cover and I don't want to skip any of the details. So it finally happened - I <span class='keyword_link'><a href="/finance-dictionary/what-is-a-hedge-fund-HF"...36
+71Guide to Office Politics (Part I)After <a href=" ">my AMA</a> I promised to write down some thoughts on office politics, since that was probably the topic that got the most interest from the <abbr...100
+71From BO to FO and back again, or, how I learned to stop worrying and love technology<h4>TL;DR:</h4> I was a slacker through college, worked as a programmer, pivoted to <abbr title="investment banking">IB</abbr> through <abbr title="Masters in Business Administration">MBA</abbr> Associate program, hated it, went back to...79
+70Wall Street Bro Caught on Camera Humping Fearless Girl StatueIf you haven't seen it yet, a picture has gone viral of someone humping the "fearless girl" statue that faces the Wall Street Charging Bull. According to a Huffington Post <a...146
+70STOP obsessing about windows to jump thru for PE!!!Starting my rant.... <rant> I just got asked about career planning for the move from <abbr title="investment banking division">IBD</abbr> to <abbr title="private equity">PE</abbr>, yet again. I've a lot of sympathy for my fellow...25
+70Best lmao/oh shit moments you've ever hadStory time. What prompted me to start this post: I was interviewed today for a <abbr title="private equity">PE</abbr> Role. Interview went great. Was scheduled to be 30 minutes, lasted an hour. Answered every question he threw at me as if I was Amazon's Alexa. Note:...31
+70Guys in here without a family or girlfriend, wtf are you doing with your life outside of work?More geared towards the guys who are out of college and actually working full time, especially those in their 20s. For the guys in here who don't have a girlfriend/wife, what are you doing with your lives outside of work?76
+69Most Illegal (or unethical) Thing You've Witnessed on the JobLol definitely want to hear what some of you have to say about this. I'm sure there are some good stories out there. 77
+69Networking as a woman - my experience and questionsI started a throwaway account as I feel that this is quite a sensitive topic. I’ve been networking heavily since my final year in university. I’m now almost 2 years into my first job in finance. It’s always been easy for me to get the attention of an M.D. from a well-known bank. I was...136
+69Mexico ---> illegally entering US ---> VP @ GSSurely I'm not the only one here who watches Tucker... Did anyone else see the girl he had on who was an illegal immigrant who became a VP at GS? <iframe width="560" height="315" src="" frameborder="0"...192
+69Worst candidate that has gotten an offerWhat’s the worst candidate you’ve seen get hired for an <abbr title="investment banking">IB</abbr> analyst role? For instance, have you ever seen someone with like a 2.5 gpa in kinesiology but had solid connections or something get hired 62
+69Investment Banks as NFL TeamsWith the <a href="">"Investment Banks as the Houses of Westeros"</a> post being so awesome, I was bored this morning and thought we could the same with NFL teams now that the season...28
+69I'm in college and a millionaire because of crypto. AMAI'm a college sophomore at a target, and currently at about $2 million altogether. I've been involved in the Bitcoin community for a couple years now. I cashed out $1 million into fiat, and I still have $1 million invested in crypto currencies. My initial investment was $25K, from...237
+69Cringeworthy LinkedIn ProfilesIs it just me or is it cringeworthy when someone lists experiences such as "Pizza Hut Delivery Guy" on their LinkedIn profile? Or how about that person that has 6 languages on their profile 4 of them being listed down as "Elementary Proficiency". Or those profiles that have...81
+69Guys, what's your opinion on dating female bankers?deletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedelete122
+69What’s the WORST pitchdeck error you’ve ever seen?I’ll start. The client’s 10-year financial projections (based on user count) were on the basis of exponential growth. And by the time he got to year 10, he didn’t have to forecast anymore because by year 8 he had already attracted 1.26 Billion Users for his app, and was raking in $636B...71
+68I have officially accepted a position at...postsI’m genuinely curious as it seems like these type of posts have become the norm for the younger generation on LinkedIn, why do people post these? You’re not a 5 star football recruit I couldn’t care less which option you decided to pick and your thank you shade you throw at the companies...76
+682017 Management Consulted Salaries OutWhat do you think? Just like last year, PwC and Strategy& are still not aligned. <em>Mod Note (Andy): top 50 posts of 2017, this one ranks #21 (based on # of...43
+68What your managing director says and what he actually means?My managing director always tells me, "Keyser, have a good weekend." What my managing director actually means is, "Keyser, Bend over." ...and I fall for it every time. Curious to hear what fallacious things your MD tells you? <em>Mod Note (Andy): One of...56
+68Notes for Technical Interview QuestionsDuring a recent round of interviews with several banks, headhunters sent across a number of potential technical questions that they said I should be very comfortable with. However, through all of my interviews I was never actually asked any technical questions (although I did do a 3 hour...45
+68Stay positiveHello folks, I would like to share my story a little bit for those who felt beaten up by the recruiting season. I was born and raised in a very underdeveloped city in China. I remembered the ranking, the GDP of my province is the second or third lowest in China. Although I went to relatively...49
+67Life in Acquisitions (Analyst/Associate)I've had a couple of people PM me about what I do in <abbr title="real estate investment trust">REIT</abbr> acquisitions and what the deal process looks like. I figured I'd post this for people's future reference. I work at a fairly large <abbr...134
+67What is your compensation in Real Estate Finance?I cant find much in the way of compensation for real estate other then the summary page from the HR consultant that is floating around here, so I thought maybe people will be willing to describe what they do, their market, and what their compensation looks like. Industry: Real Estate...357
+67Saving Time Bitches (Investment Banking & Private Equity)That's right. It's summer time. Although doing deals and pounding out diligence is sweet, the Hamptons are sweeter. <h3>How can we save time to get out of the office faster?</h3> Putting together a list of best practices and techniques (applicable to junior...110
+67Dumbest thing you said in an interview?What's something you said in an interview that made you want to bitchslap yourself? I'll start. Back when I was a junior looking for <abbr title="summer analyst intern">SA</abbr> positions in <abbr title="investment banking">IB</abbr>, I...82
+67Uncle Eddie Rides Again<p>It was a happy coincidence when Patrick emailed me a couple weeks ago to check in and see what I've been up to, because I've been thinking about you guys a lot lately. It's been a couple years since I was with y'all every day, and at the risk of sounding like a big...81
+67Key Interview Takeaways - 2nd Year Analyst PerspectiveSitting at my desk here just waiting for things to wind down so thought I’d give back to the community and try my first long form post. I did some interviewing last year but this year I was heavily involved for both <abbr title="summer analyst intern ">SA</abbr> and...52
+67How To Deal With Anxiety - And Use It To Your AdvantageEveryone deals with anxiety - to one degree or another. Some of us squash it down, some of us develop coping strategies, but nonetheless all of us know that gnawing feeling in the pit of our stomachs. That sense that things could go wrong. It’s exhausting. It takes away from the quality...23
+67Prestige Skirmish: Lawyer vs. Doctor vs. Investment BankerThe people wanted it, so you get it. **Lawyer - Prestige Pros:** -J.D. is the most prestigious post-graduate degree to have. -Extremely well read and versed in history - which makes for prestigious dinner conversations. -Wields influence over the legal system, and influence is one of...93
+66Want a promotion?So, there’s an MD on my team who I think highly of and does good business. He’s considered a good mentor and good leader/manager. I’m thinking of who I’m going to promote to a senior leadership position from the middle ranks and he was my top choice before tonight. The only...133
+66Death from Overwork (Karōshi) in FinanceAnother [heartbreaking story]( about an intern that passed away after working long hours just hit WSO and I'm thinking why does this keep happening and what can we do to prevent it (or at least make it more...63
+66What were the biggest lies you were told during the interview process that weren't true on the actual job?Examples: -"We have great team culture" -> they are neutral with each other -"Facetime is not required" -> but they'll call you out if you don't show up -"We love you / We want you to come in immediately" -> they actually can't f***king...98
+66Hedge Fund Careers: Getting a Hedge Fund Job Out of Undergrad and BeyondA career in the hedge fund industry is one of the most desirable careers in finance. Money is undoubtedly the greatest attraction to careers with hedge funds, with analysts making $150k and then some. Portfolio managers often make north of seven figures, which is why eventually running a...100
+66End of Bitcoins on 18th December 2017Dellllllllllllllllllleeeeeeeeeeeeeeeeeeeeeeeeeeeeetteeeeeeee..........................................144
+662019 Goldman Sachs IBD Summer AnalystI don't think there's already a forum on Goldman's 2019 <abbr title="investment banking division">IBD</abbr> Summer Analyst recruiting process, so figured I'd start one. Please share insights/questions below! Is anyone else recruiting through the...954
+65Life in General Will Cost More Than You Think I find <a href="//">this thread </a>pretty amusing because I'm ~40, have two kids, have made good money over the years in a good field (not consulting) and there's just no way I'm...147
+65Learn from My MistakesI've always loved this site because even when I was but a wee little lurker in college I could always come on here and hear about all the little details that finance professionals picked up and wish they had known earlier. The big questions, like which offer to take or whether to...120
+64In Defense of UnhappinessAs with many of you, I had the chance to spend some time with relatives over the Thanksgiving holiday. It was average, to be honest. It’s always good to see loved ones, but it is a balance between hectic traveling, rushing to see as many people as possible, and if you live any significant...84
+64Undergrad: Will UChicago give me more opportunities than Michigan (Ross)?Ross seems fun, where a strong GPA is somewhat assured, with defined paths to great jobs. Yet everyone is telling me to go to Chicago. I'm surprised I got into Chicago, safe assumption my GPA isn't going to be stellar, but maybe the Chicago brand is worth that downside? And while not...100
+64Worst conduct you've seen from an interviewerJust what the title says. Just the dumbest/meanest/most unprofessional thing you've gotten from an interviewer. To start off, I had a friend butcher a technical and get asked if he won a Special Olympics medal during a <abbr title="elite boutique">EB</abbr>...115
+64In Defense of Political In-Correctness<em>You can read my latest article (post election): here: <a href="//">"Shut. The F*ck. Up."</a></em> This article could have easily been entitled “In defense of manhood,” or something of that...47
+64Worst slides everShare your worst - I've had a lot shitty PPT work this week, and want to commiserate. **My worst in banking:** MD thought it would be value-added to show a slide summarizing all the <span class='keyword_link'><a...88
+64Are you experienced? Thoughts on growing olderIt’s been awhile since I’ve checked in on <abbr title="Wall Street Oasis">WSO</abbr>. I hope 2016 has treated you all well and you’re now settling in for some well deserved rest and relaxation time over the course of the holidays. It may just be selection bias...32
+63The students at top schools aren't really that intellectually impressive. So I go to a top school, so think Harvard, Yale, or Princeton. And coming in, I almost felt a sort of insecurity, because I thought that I would be up against the grinders whom I knew in high school, and against kids who went to the best boarding schools, which everyone knows prepare kids well....118
+63Week 3 of IBD Internship: The PitchThis week's report is a continuation of <strong><a href="//">"Week 2: Hitting the Desk"</a></strong>, and <strong><a href="//
+63A Map of where Investment Banks are in ManhattanI wanted to know where banks were in relation to each other, but alas I couldn't find a map that showed them all. So, I made this fucking disaster: <img src="/files/styles/w800/public/inline/images/bank_map_0.jpg?itok=JQxTKOin" alt="" /> Let me know if...42
+6330 year-old breaking inI am still not sure if this will add any value or if anyone will find this useful, but I've seen a couple of "Too old to break into IB?" topics lately and I thought I'd share my journey with you. The advice and stories I've read on this forum have helped me maintain my...36
+63Best Practices for Junior Bankers - Top 10 Things to Do**Being a Star Analyst isn't hard.** If you can excel in the top 10 best practices below, you will excel in banking: 1) Be responsive: Reply back within minutes, never more than half a hour, especially during a live process 2) Good attitude: It's late, we're all tired,...32
+63There and Back Again - A Banker's Tale<img src="/files/styles/w800/public/inline/images/lotr.jpg?itok=P86qtEcR" alt="" /> Some unique insight into the buyside vs. sellside and the hunt for eternal glory. I've had an interesting few years that has led to experience on both sides of the table. Given...32
+63A Contrarian View - Raging BullTLDR - seen a lot of pessimism out of the major firms, it's starting to make me think it's too pessimistic, making me consider that we’re on the cusp of a multi-year secular bull market, let's discuss OK, I've been struggling with a couple of thoughts over the past few...102
+62Men's Fashion HacksDoes anyone know some good fashion hacks to make us monkeys' lives a bit easier? I've heard putting your dress shirt in the dryer with an ice cube can replace ironing, is this true? Has anyone attempted this?123
+62Do you want your wife to work?***Disclaimer*** I realize this question is geared toward men. I would appreciate female input as well, but my assumption is most women expect/want their husband or future husband to work. Also, just to cover my bases, I don't assume men are the only ones married to wives and women the only...165
+62Refusing to Party with Boss -- Bad Move?I have a friend who’s doing a summer internship at a bank (not <abbr title="bulge bracket">BB</abbr>, but a smaller place). His boss invited a bunch of the employees on his boat July 4th and all was good… until the boss broke out the Old School joint and started...90
+61Why do people hate President Trump?I don't see the issue with deporting Illegal Aliens or excluding groups of people from countries that are known for producing terrorists. I don't see the issue with dismantling the H1B program and putting Americans at work. Not importing people from India and China, pay them for cheap...667
+61Trump Business Plan Donald Trump has finally released his plans for his business empire. Trump announced that he would turn over complete control to his sons as well as divert any foreign hotel revenue earned into the US Treasury. Trump was quoted as saying: [quote] Over the weekend I was offered $2 billion...175
+61Best day of my life. I broke into PE coming from Community College. Here is my story.I wanted to tell my story on this forum - as <abbr title="Wall Street Oasis">WSO</abbr> has been the sole reason which helped me learn about the industry and how to break in. I am from downstate New York, born and raised. I was a poor student in high school, so much so I...38
+61Political correctness in Finance At the private school that I attend, and at most colleges and universities in America, political correctness rules. Students on college campuses have developed an almost Orwellian newspeak and become fearfully polite, careful to avoid offense, and constantly afraid of being labeled with the slew...103
+61Lifestyle post promotion to VP? Hi there, am an SO to someone in banking. He's one year out to promotion to VP. He keeps telling me it will get "better". Not sure what it means and I would really like specific details. He still works to 9/10/11 longer most nights. Still working most weekends. I asked him...98
+61From College Drop Out to Corporate Banking <h3>Timeline:</h3> In 2005 my mother passed away unexpectedly. In 2008 my family’s house was foreclosed on and I was told I would need to support myself through college. I was 17 at the time and already unstable due to the emotional trauma of my mother’s death. In 2009 I...39
+61HEY you OCR little f*cksshit on me all you want because idgaf!!!! all your fate is mine, you little f*ckers i volunteered to do <abbr title="on campus recruiting ">ocr</abbr> because i thought it'd be a nice break but F*CK i'd rather be hunched over my desk than be dealing with these...106
+61Moelis is a Sweatshop*"Moelis is a sweatshop"* is the lullaby at the 399 Park Avenue bullpen. Given our reputation as a sweatshop, I figured I would add some color to the below email that has been circulating its way across the street to cement our status on the street as a true ex-DLJ legacy shop. In...131
+60Landed Your First Job? EXTREMELY Important Thread: Office Politics<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 3/22/14 and ranks #14 for the year by total silver banana count. You can see all our top ranked content <a...241
+60AMA: 3rd Year PE Associate ($10bn+ AUM, MBO/LBO, equity, mezz, distressed debt)Edit: <em>Wow, did not expect this thread to get so popular. Apologies if you PM'd me and I have not responded - there are dozens of messages I would respond to if I wasn't getting crushed on a deal. My firm must monitor my <abbr title="Wall Street...134
+60What do you Drive and What's your Dream Car?Ladies and Gentlemen, I know a whole lot of you are in NYC or cities where vehicle ownership doesn't make sense, but if somehow you do or for others in places where you have to own a car to get around... 1. What is your current ride and why? 2. What's your dream...296
+60I am leaving investment banking to be a copHi there folks, been some time since I last mingled around here. So here's my story: Used to work in <abbr title="mergers and acquisitions">M&A</abbr> for a <span class='keyword_link'><a...133
+60Re: Does School Prestige Matter?"Five years from now..." is a pretty good benchmark for the half-life of most business or career-related arcs (okay, maybe 5-10 years, depending on the career or industry). As an undergrad or fresh grad, of course your undergrad matters - to you, to your peers, to recruiters, to...220
+60Bonus Tax Too Damn HighRecently received a signing bonus and it ended up getting taxed at is that normal or did something get messed up? I got taxed in <abbr title="New York">NY</abbr>, so I know there will be some state tax, just don't know how it ends up being greater than 50%...55
+60Why Are You Worth Your Salary?There are plenty of posts on here about whether or not <abbr title="investment banking">IB</abbr> or other finance jobs are "worth it." However, I haven't seen many posts on whether or not people on here think that they're worth all of the benefits that...120
+60Finished 1st Year at HBS - Ask Me Anything (AMA)Approximately one year ago I did <a href="">this AMA</a> about being accepted and attending <abbr title="Harvard Business School ">HBS</abbr>. A week ago I finished...131
+60Updated Summer 2019 SA Open ApplicationsHi everyone, I know there's a mega-thread for this but that thread doesn't seem to have the most accurate information. <h3>Investment Banks With Summer 2019 Applications Open</h3> Summer 2018 applications have barely closed and it's already time to start thinking...561
+592018 Sophomore Summer Analyst Recruiting Megathread PageIt's that time of year again, wasting countless hours trying to get into a <span class='keyword_link'><a href="/finance-dictionary/what-is-the-bulge-bracket-BB"><abbr title="bulge bracket ">BB</abbr></a></span> sophomore...507
+59Investing Styles of Mario Characters<strong>Mario</strong> - Rational asset allocator, owns a good mix of low-cost index funds and ETFS <strong>Luigi</strong> - Incapable of second level thinking, investment theses are that he "believes in it", writes disingenuous Seeking Alpha articles, has...14
+59Who is your favorite billionaire?Very simply who is your favorite billionaire? I 'd have to go with Rupert Murdoch or Henry Kravis...199
+59 Young Money? Perception vs Reality on Wall Street<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 3/6/14 and ranks #9 for the year by total silver banana count. You can see all our top ranked content <a...79
+59What Made You Ding a Summer Intern? Title says it all. I know that the intern making accumulated simple mistakes or if the intern just isn't a cultural fit they won't end up with a return offer. Do you guys have any stories of single actions/events where an intern was instantly 'dinged'... like something...59
+59Why You DON'T Leave Banking for B School Just to Come Right Back...This is the reaction any analyst who has ever worked in banking has when you say you want to leave banking for business school then come back as a post b school associate... <img src=""...78
+59From 100 Plus Rejections, To Accepting A Great OfferGood morning, I am posting my success story for a few reasons. First, to (hopefully) inspire someone in a situation that I was in. And second, to thank members of high finance and this website specifically. I will try to keep this as brief as...32
+592017 Summer Analyst IB Recruiting Timeline Megathread Pages<a href="//">Click here</a> for the 2017 <abbr title="full time">FT</abbr> <abbr title="investment banking">IB</abbr> Analyst Recruiting Megathread discussion page....738
+59Sales & Trading Interview Guide - Gekko's Guidance Part 2In Part 2 of Gekko’s Guidance, I’m going to cover <abbr title="Sales and Trading">S&T</abbr> interview prep (also can be used for Research). Part 1 of <a...119
+58How does a working class teen headed to a target undergrad get into IBD?I hate being poor. I want to make a lot of money. I got lucky getting into a target college, now what? Maybe I'm scrappy, but I can't compete academically with hyper-aggressive kids from Stuyvesant, Exeter, and other $30K-60K year prep/boarding schools, so what am I supposed to do?...51
+58What your liquor of choice says about you In a rare moment, I've found myself at a local, wooden, quiet neighborhood bar sitting alone drinking my 3rd Budweiser with a closed out tab. I thought it a pleasant way to break up my week though I hope not to make a habit of it. With not much else to do, and tired of looking at screens...87
+58What Are You Old-Fashioned About?What technological advancements or updated social norms are you not following? I like to think I'm a pretty forward-thinking guy but I still always prefer to pay with a card/cash, over using Apple Pay on my phone. What are you old-fashioned about?113
+58How To Ask For AnythingWhatever you want in life, you’re going to have to ask for it. It doesn’t matter if you desire to excel in your career or to live on the beach—[I’ve done both](—you’re going to need other people’s help. A...65
+58How Did Trump Win?Right after the credit bubble burst in 2008, shocked, people scrambled desperately for answers. Turning to the economists, nearly all of whom failed to predict the deepest recession in decades, they asked, “What will happen next?” Having seen the obvious writing on the enormous wall...111
+57Aziz Ansari becomes a victim of MeTooFirst, it goes without saying that men who actually rape or assault women or use their power to blackmail, threaten, or intimidate women into engaging in sex, are disgusting human beings who should be castrated and locked up. There is no excuse for it: period. At the same time though, an...102
+57The Other Road: Corporate Development Associate Fielding Questions<em>Mod note: <strong><a href="// ">Click here</a></strong> to see all of our q&a's and interviews</em><P> Given the...288
+57An Overview of Technology Media and Telecom (TMT) - Part 1 of 2<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 6/29/14 and ranks #20 for the year by total silver banana count. You can see all our top ranked content <a...43
+57Why do so few go into Real Estate?Theres no statistical evidence for this but, why is real estate second to most other financial services jobs? Most people in business school are primarily looking for <abbr title="investment banking">IB</abbr>, consulting, <abbr title="asset...166
+57How I got into Banking<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted in 2006. To see all of our top content from the past, click <a href="//">here.</a></em> So I'm new here and spent a good deal of...111
+57Theoretical: What would be your dream career choice assuming it paid the same as IB? Theoretical: What would be your dream career choice assuming it paid the same as Investment Banking? 115
+57Intern Horror StoriesShare the worst task you had to do as a summer intern, or most tedious work you assigned to a summer intern... Example: - Manually scanning a 300 page investment consideration deck, page by page, because graphics was too busy69
+57Don't Be That Guy/Girl When Reaching OutNot too long ago, I was an undergrad. Reaching out to people that I have never met. Praying and hoping that they would perhaps read my Linkedin message and respond. In this process, I learned what rejection felt like but also met a ton of people across the different segments of finance and was...39
+57Sick of ‘Do I have a Chance’ PostsEvery day there are numerous posts from undergrads or recent grads with nearly identical topics - “Do I have a chance at landing an XYZ entry-level position at ABC”. Posts like these, where all they seek is validation from <abbr title="Wall Street Oasis">WSO</abbr>...36
+57The All-Nighter Experiment: What Worked and What Didn't[quote]<p>I need this done for tomorrow morning, but don’t spend too much time on it. <strong>I don’t want you to be here all night.</strong></p> [/quote] That's what my MD said to me before I pulled my first all-nighter. &nbsp; I've had other...70
+57My not-so-secrets to success<em>Mod note (Andy): Throwback Thursday, this post originally went up on 3/2/12.</em> In the past few months, I've been approached on a few occasions by college-aged folks asking the typical question: how to succeed on the street from a less-than-stellar undergrad background....91
+5611 Steps to Becoming a Finance Jedi<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 2/23/14 and ranks #12 for the year by total silver banana count. You can see all our top ranked content <a...111
+56Models, Bottles, and Playing Hard in Finance Finance attracts a lot of people who like to work hard and play hard. Financial professionals may work brutal hours and have to deal with high levels of pressure, but they also make lots of money, work prestigious jobs, and can afford to drop cash on nights out. So what are some of your...85
+56If I ever get fired in banking its because...CFOs who provide me with financial statements that look like something out of Jumanji. How am I supposed to work on the model when capex is in your pre-tax expenses and you've clearly had your audit done by El Pollo Loco. I drooled over working in <abbr title="mergers and...41
+56Advice from an ex-IB MD: How to have a great career and a good lifeI've received a lot of emails from members asking for advice on how they can have a great career. Before I get into that, let me give you my back story so you know where I am coming from: I came from an Emerging Market country, I didn't speak english very well when I arrived in the US...42
+56UG Recruiting Part I: How a resume becomes an interview<em>Mod Note (Andy): #TBT Throwback Thursday - this is the 2011 Finance-forum post of the year (from Jan 28, 2011). Thanks @Marcus_Halberstram" for a great post!</em> Since it is recruiting season, Im posting a multi-part series on how the whole process works to help the...134
+56Non-Target to Bain/BCG InternHey <abbr title="Wall Street Oasis ">WSO</abbr>, Since this site has been instrumental in helping me break into Consulting from a non-target, I wanted to share my experience with the community. Hopefully this post will be helpful to someone else looking to break in to...31
+56Does your family despise you?With the holidays approaching, I'm curious how you all deal with the awkward family gatherings. More specifically, does anyone else feel despised by their own family now in regards to their career choice? Personally, I have a VERY blue collar family. My immediate family consists of...84
+56Notorious Investment Banking Groups and War StoriesMonkeys, What are some of the most notorious "Groups" on the street? This can include massive jerks, (overly 100+ regularly) abusive workloads, or just old school street mentalities. For example, I've heard <abbr title="JP Morgan">JPM</abbr> HC is one of...214
+56Week 2 of IBD Internship: Hitting the DeskThis week's report is a continuation of <strong><a href="// ">Week 1: Training Week</a></strong>. Note that I <abbr title="asset management">AM</abbr> a bit further into my internship...87
+55Never Give Up - A guide to success even if you're dumbLongtime lurker. First post. ###About me: I'm originally from the South. Growing up, I hated school. I'm talking about failing multiple classes, dreading going to school, and even getting suspended many times. I was diagnosed with ADD at a young age, but never wanted to take...15
+55Tesla Q1 Earnings CallWell that was absolutely hilarious. Haven't seen a CEO dodge questions and come unglued like that since the "asshole" moment from Skilling. Stock's down about 5% after-hours thanks to fraud-boy shitting the bed yet again. I hope some of you are short the stock or long swaps...113
+55Work/Life Balance: Equity Research vs. Investment Banking - (A Definitive Guide, Part 1)I'm probably one of the few people on here that has done both <span class='keyword_link'><a href="/finance-dictionary/equity-research-overview"><abbr title="investment banking">IB</abbr> and <abbr title="equity...30
+55Interview experience w/ JPM Junior Analyst ProgramSo applications are up! You dont have to reveal actual interview questions. Just wanted to know how you're experience was for 2016 class. As for me, the interviewer seemed more like a gatekeeper from an admission staff. Its like I had the criteria for an interview, but since I came from a...655
+54Don't. Stop. Hustlin'. Don't give up out there, kids. I'm a high school drop out who's now a Manager at a top 10 consulting firm. For all of those out there who are asking 'do I have a chance if...', here's your answer: you f*cking bet you do. The only thing stopping you from getting...51
+54Craziest Travel StoryI have a super slow day at work today and found myself thinking about some ridiculous travel stories I've had from the past few years and want to canvas <abbr title="Wall Street Oasis">WSO</abbr> for some of your own. Can be anything from a weird or funny adventure to...78
+54Biggest professional regret?In light of the “Piper Jaffray: Sweatier Than Ever in 2018” thread ([link](, I was inspired to share the biggest professional regret of my career so far, however early in my career that it may...81
+54Advice from an ex-IB MD - DON'T make these mistakes<em>Mod Note (Andy): Check out Wilowallstreet's AMA <a href="//">here</a>. The AMA is still open and he is actively answering any question that you may have.</em> Someone asked me last week about all...24
+54What do you splurge on?It seems like lately there have been more posts about saving money and how to accomplish fiscal responsibility. That's nice and all, but everyone splurges on something, no matter how fiscally conservative they are. I happen to think a topic like this would be a lot more interesting than...126
+54Why My Greatest Achievement As A Goldman Sachs VP Was Quitting6 <abbr title="asset management">AM</abbr> meant it was time to check voicemails. 11 PM meant it was time to check voicemails again. Every second in between reserved for hustling, fixing the thousand problems guaranteed to crop up that day. That was my life <span...60
+54WSO, It Is Time To Talk<abbr title="Wall Street Oasis ">WSO</abbr>, it is time to talk. The new trend around here lately has been to post about how badly you hate your job (specifically in iBanking) and then act like a genius when you decide you want to leave. This needs to stop. It is not a...139
+54How I Broke Into Goldman IBD From a Non-TargetHello Everyone, I am a senior at a non-target school in the northeast and have recently accepted a <abbr title="full time">FT</abbr> offer in <abbr title="investment banking division">IBD</abbr> at <abbr title="Goldman...46
+54Advice for New Analysts Seeking PE ExitsI received a number of PMs asking for advice for analysts as to how to successfully position themselves for <span class='keyword_link'><a href="/guide/private-equity-interview-prep-questions"><abbr title="private equity">PE</abbr>...68
+54An Introduction to Suits - Welcoming the Analyst ClassAs we welcome the 2017 Analyst Class, I have some knowledge sharing for the incoming monkeys. <h3>Suits come in three different constructions:</h3> 1) Fully Canvassed 2) Half Canvassed 3) Fused __________________ <h3>What's the...66
+54What does it feel like working 40-hour weeks? Working 55-60 hour weeks every week of the year has made me forget what it feels like having a 9-5 job. So those who do, what does it feel like?115
+53Lateraling Guide for Investment BankingI recently lateraled from a “no-name” boutique to a top <abbr title="middle market">MM</abbr> and wanted to share some of the knowledge that I gathered and wished people had told me when I went through the process. I also have several friends who also went through this...98
+53Pre-Interview routineObviously this depends greatly on an over the phone vs. in-person, but what does your process consist of? I have taken this opportunity to describe my phone interview strategy: I hardly ever sleep the night before, because who knows, I may never get this opportunity again. I wake up groggy as...74
+53Focus on the downside: brushing up on credit skills <em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 2/13/14 and ranks #10 for the year by total silver banana count. You can see all our top ranked content <a...47
+53work/life balance >>>>>> $$$. also i resent my asian parentsi resent my tiger, helicopter asian parents. they were basically amy chua. i had no fucking life growing up. no video games. barely any friends. no TV. all i did was school, academics, etc., after school academics, violin, etc. fucking horseshit. all my parents cared about was GPA, how well I...43
+53Breaking into Private Equity from BankingSince some of my longer threads/advice seems to have been buried on the forums, I decided to consolidate it via this post. Enjoy! The majority of the below text is sourced from the following link: <a...142
+53Consequences after being caught cheatingHello, I am not proud of what I have done but I think the US academic pushed me to focus too much on academics rather than the actual content. Background: I am an international student and my undergrad was business, I had the chance to be accepted in an intensive computer science grad...150
+53Correction time, is it finally happening?Or is it too early to post Ron Paul.gif? Pretty exciting. Take your guess, we'll see in a week who was right. Make sure to see the top comment below by UFOinsider. **Tuesday update:** <img src=> **Thursday update: ** <img...183
+53Own Your Time: or What I learned from Hodgkin’s Lymphoma<em>Mod Note: Each day we'll be posting the top WSO forum posts of 2014. This one was originally posted on 11/24/14 and ranks #7 for the year by total silver banana count. You can see all our top ranked content <a href="//
+533.9+ GPA BADRecently got the opportunity to talk with the head of banking at a solid <abbr title="middle market">MM</abbr> firm (think William Blair). He said that he hates hiring 3.9+ GPA candidates and actually sees it as a red flag. His reasoning was that they lack social...86
+53A Few Observations on Investment Banking Exit OpportunitiesI see a lot of high school/college kids providing advice and "insight" into how firms place, how people should think about exit opps, what groups are best, etc. <h3>An Experienced Review of <abbr title="investment banking">IB</abbr> Exit...84
+53Bullet Proof Comps RecipeInspired by @APAE" 's recent post as well as trying to further my goal to give back by posting meaningful content on <abbr title="Wall Street Oasis">WSO</abbr>. I know this is super basic, but rarely will people actually sit you down and teach you exactly how...19
+53Buyside dating tacticsAfter working in <abbr title="private equity">PE</abbr> for a while I am thinking of applying my skills learnt on the buyside and transferring them to the dating scene. <h4>Step 1</h4> Find the good opportunities. Search through Instagram, Facebook and other...55
+53Hedge Fund: The Investment Life CycleMod note (Andy): Throwback Thursday, this post originally went up on 4/23/12. Hey guys, so after some encouragement from a few of you guys I'm gonna go ahead and start a bit of a series of posts on my experience in the <strong><span class='keyword_link'><a...63
+53What's your preferred vice?Liquor, hash, Mary Jane, Molly - what's your preferred substance when it comes to taking the edge off or making things just interesting enough? I've gone through a few, including all of the above, a few hallucinogens, some experimental stuff that is said to be produced by the brain...109
+52Ain't Nothing but a Peanut: Maintaining Your Best HealthAfter seeing the reception a recent [comment]( received, I chose to make this its own thread with the hope of reaching more people. Fitness is an incredibly important thing in life, both the elements of it you can see and those that you...117
+52Is America a Second-Tier Country?Hey Monkeys, Read up on this [article]( from Bloomberg. The article is based on the Social Progress Index report that is published annually by non-profit organization Social Progress Imperative. I did...161
+52Lessons From a PE Superday<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 2/27/14 and ranks #8 for the year by total silver banana count. You can see all our top ranked content <a...59
+52The Perfect DayCurrently being in the hell that is non-target recruiting one exercise that I constantly do to remain optimistic is to imagine what my perfect day would look like. My perfect day would look something like this: - Wake up 4 <abbr title="asset management">AM</abbr> Run for...50
+51What's a Monkey's typical weekend plans?How's it going you filthy Monkeys? As we talk about our professional life and career aspirations on a daily basis, I became a little curious. *What do you animals actually end up doing on the weekends?* Unfortunately I have to do the whole dinner and a movie routine with the old...160
+51Reflections on Year 1 at Booth<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 7/5/14 and ranks #15 for the year by total silver banana count. You can see all our top ranked content <a...159
+51To All the Hillary Supporters that are allowing themselves to be spoon Fed by Main Stream Media Please read. I'm not a huge fan of Trump but IMO he's a better option than Hilary. Shit is so rigged... And Trump isn't like all the other puppets.202
+51Just Got Into a Target, AMAI made it 5 minutes before they closed and I bought a gallon of skim milk. <em>Mod Note (Andy): this was originally posted on 12/14/15.</em>21
+51My Favourite Question For Wrapping Up InterviewsI don't remember where / who I stole this from, remember kids, there's no originality in banking, but my favourite question when they ask: "Do you have any questions for me / us": What is it about my resume and experience that interest you. It's a beautiful...47
+51A Business Lesson Learned The Hard WayOk, guys and girls. I'm pretty open about myself on here, but lately I've been super busy and not nearly as active as I like to me because after being laid off at a massive tech company I started my own gig. It was something I did before for freelance because I have experience as a...39
+51Tips For Incoming FT Analysts That Did NOT Do an IB InternshipYou've made it. The holy grails of holy grails. Maybe you have successfully escaped your credit analyst internship at Capital One and have landed a cushy job at Citi come Summer 2018. Maybe you did a summer at Bain last year and realized you wanted a more fulfilling experience than...21
+512017 APD/ADC MBB Full Time Recruiting UpdatesHey guys, it's time for the sequel to last year's popular thread. This thread is primarily focused towards those APDs/ADCs (PhD/JD/MD) applying for full-time positions to MBB. While MBB seems to have a monopoly on the ADC application process, we can also use this thread to share...382
+51List of all US Real Estate Developers and REITsI'm beginning my MRED in the Fall, and am starting to wind up my networking efforts. I figured a CapIQ screen of every developer in the nation sorted by State/City would probably be a good start. I hope that anyone else in a similar situation finds this useful. Let me know if you have...37
+51How do you spend your bonus?When you got your first bonus, how did you feel? how did you spend it? How much of it did you save? How are you spending your bonuses now?56
+51What's your favorite banking phrase or lingo?Today I saw an analyst try to talk to an MD about working capital adjustments, and the MD went "Don't teach your father how to fuck, kid", which is something he usually says when we're showing him stuff he already knows. It always has us cracking up. That got me thinking...66
+51A Story of Breaking out of BO/MO HellThank you to everyone on <abbr title="Wall Street Oasis">WSO</abbr> for giving me the tools and courage to pursue this huge career change. After 6 months of slowly decaying in a middle office role, I was finally able to land a <abbr title="front...26
+51Advice from an ex-IB MD - The Importance Of Failure<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #9 and was originally posted 11/22/2015.</em> <em>Mod Note (Andy): Check out wilowallstreet's AMA <a...176
+50Re: What should I do to marry a rich guy?Guess there are lots of girls out there who have similar questions. Please allow me to analyse your situation as a professional investor. My annual income is more than $25M, so I hope everyone believes that I’m not wasting time here. From the standpoint of a business person, it is a bad...14
+50London IB Summer Internship Discussion 2018I'm looking to secure a bulge bracket, investment banking, summer internship, in London, next summer. I'm currently on internship in a small financial service firm in Dublin, and while the experience is decent, it's not exactly what I was hoping for this summer. I had...431
+50By Popular Demand: Ranking The Douchiest People You Will Meet On Wall Street, Non Target EditionWith no further ado, from most to least douchey... **The SEC Frat God:** Perhaps the most identifiable of all the non-target Analysts, mostly because he looks like the exact opposite of everyone else around him. Instead of the gelled slick-back, he's rocking a poorly trimmed Frat Mop...11
+50A Letter to a ChimpDear My Little Chimp, Slow down, child. I know you are just <span class='keyword_link'><a href="/finance-dictionary/what-is-the-bulge-bracket-BB">starting that <abbr title="bulge bracket">BB</abbr></a></span> investment...40
+502018 Bonus RumorsHas anyone been hearing rumors on how bonuses are looking this year? <span class='keyword_link'><a href="" target="_blank">WSP</a></span>: *"An investment banking analyst should make $155,...147
+50More people are lonely than you may thinkIn today's social media dominated world, we only see edited versions of reality. Most likely, this is a result of human nature (the tendency for human beings to want to show off/be admired) and the apps themselves. After all, who wants to follow or watch someone who posts pictures of...61
+50Riches to Rags StoriesSince we are talking about savings and cost of living, I thought it would be interesting to share "hero to zero" stories that you have seen. I'd imagine anyone working in finance has seen at least a few cases of some dude overextending himself financially and blowing up after a...103
+50Is WSO serving its purpose still?deletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedelete95
+50Football, Potential Felon, Non Target ---> S&T Offer####ABOUT ME A decent amount of details will be omitted, went through too much to type.. just shoot questions… My mom was 21 when she had me and my father was a taxi driver In <abbr title="New York City">NYC</abbr>. Growing up was a bit tough given the cards I was...30
+50Most prestigious job opportunity you've ever seenWhat is the most prestigious job opportunity you've ever seen someone get or take directly after college?98
+49How do you CRUSH your interviews? <em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #10 and was originally posted 10/4/2015.</em> In 2007 I made my hardest career transition. After leaving <span class='keyword_link'><a...33
+49Guide: Cold Contacting Investment Bankers For Non TargetsHi Folks, I posted a thread earlier in the month and there was a lot of interest in techniques and tips for cold contacting investment bankers so I thought I would share what I know. First things first, I'm not an investment banker. I'm a <span...107
+49Investment Banking to Private Equity - 6 Things You Should Know<h3>1. Why not just try to start with a <abbr title="private equity">PE</abbr> firm?</h3> There are <abbr title="private equity">PE</abbr> firms that hire juniors out of undergrad. However, this 99.99% of the time is in a sub-associate...41
+49J.P. Morgan 2019 IBD Video InterviewHi guys, sophomore at non-target here. I submitted my <span class='keyword_link'><a href="/company/jpmorgan-chase">app for <abbr title="JP Morgan">JP</abbr> Morgan</a></span> <span class='keyword_link'><a...487
+49Official Election Results Thread Trump is our new president, what are your thoughts? What does this mean for Wall Street? Also if you haven't already, check out some related threads from yesterday: :...181
+49So many dweebs in this industry.I remember back when I was I kid, which wasn’t actually that long ago... I used to think everyone in high finance was like Harvey Spector or something. Found the idea of working in a place like Pearson Whatever extremely intimidating. But then I got to college, did an internship, worked as an...102
+49Can I turn a jackass into a champion?How many of you guys have a stupid younger cousin named Andy who's a senior at a target school and is pissing away any chance of excellence by drinking moderately and having the confidence of a kicked puppy? All of you? Cool, so I'm about to tell you a very relatable...28
+49Life after PE - the other roadAs I mentioned in a previous thread (<a href="//">"How to Make VP in Private Equity"</a>), a couple years ago I said goodbye to the private equity industry and decided to try my luck in the tech...41
+49Picking the right Trading jungle<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 2/6/14 and ranks #25 for the year by total silver banana count. You can see all our top ranked content <a...47
+48I was fired today, don't know what to do....I've been working for a year at a large investment bank as an analyst in <abbr title="mergers and acquisitions">M&A</abbr>. I was fired today after an argument with my associate that happened a couple of days ago. I'm still in absolute shock right now....69
+48A Letter of Resignation From theaccountingmajor - it's been realSo for the past several days, I've been getting DMs from the website moderators that my posts have been removed. Can I ask why you all are so angry? I've had so much MS thrown my way, it probably triggered some sort of red-flag. Lol like seriously - every other day, there's some...52
+48What is The Meanest Thing You've Ever Seen a Superior Tell a Subordinate in the OfficeAfter a long day of watching our dickhead CFO haze the new analysts with his miserable sense of humor, I've been reflecting about some of the biggest dickhead moves I've ever seen a superior pull on a subordinate in the office. I think my top three are... 1) During Christmas party a...76
+48Rescinded from Harvard... Now What????As many of you know, Harvard recently rescinded the acceptances of at least 10 students (I think the number is 12) for obscene memes in a Facebook group chat. Unfortunately, I was one of was those students. My initial response was to blame Harvard, the founders of the offensive group...146
+48The Work Always Gets Done<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #16 and was originally posted 6/6/2015.</em> <em>Mod Note (Andy): Make sure to read the comment below from @xqtrack" in response to the OP (36 silver bananas): [quote]This is the...95
+48Life at Mega DevelopersCan anyone speak to what it's like working at a Hines/Tishman/Related in a flagship office (NY/LA)? Somewhat curious about comp, hours, culture and all that, but far more interested in the actual quality of the work and what the impact is on your career. As an analyst at one of these...46
+48What are your Linkedin pet peeves?Some people choose to document their entire life on Linkedin, while others prefer to keep it simple, showing the bare minimum. Personally, I like to keep mine somewhere in between. I cringe whenever I see people writing their autobiography in the summary, having an essay under each of their...108
+48The GOP's tax planHouse Republicans unveiled their tax plan today, and boy do I hate it. And I'm saying this as a conservative Republican who has never voted for a Democrat. The key components of the plan are as follows: 1. Federal tax bracket will be reduced from seven to four: 39.6%, 35%, 25%,...118
+48Kid Doesn't Make it to IB BB; Refuses to Walk at GraduationSaw this on my Facebook feed a few days ago from an international student with an extreme case of poor me syndrome. Probably the most entitled thing I've ever read. Oh, and for context, this school is a semi-target at best. All references to the school's name have been replaced with...73
+48AMA: Reflections on 1st Semester at Columbia Business SchoolI recently completed my first semester at Columbia Business School and wanted to share my experience thus far. I would also be happy to field any questions. The primary reason for writing this long-winded anecdote is to provide clarity into the actual experience at Columbia for prospective...112
+48leaving IB, next steps...I'm confused. I used to post on here a couple of years ago, most of what I posted was bullsh*t. The truth is I was in my final year at university, I'd just done an internship, wasn't sure how I felt about it as a prospective life, and I wanted to play banker on the internet to...55
+48To summers hitting the desks Monday v2Any new tips that could helpful is greatly appreciated. Some input on what to expect from your experience...50
+48Is it true that Tobin & Company doesn't pay their analysts?I had a friend who used to worked with a few people from Tobin tell me that analysts at Tobin don't get paid unless they're there while a deal is closed. In that case, they'll receive a bonus/stipend or something like that. Does anyone know if this is true??? I'<span...153
+47MSF Class of 2019Every year I do a post like this on about this date for students seeking admission. Most MSF/MMS program start their application cycle around this time so it is usually helpful. Prior years Q&A are listed...352
+47FAKE NEWS CNN--------------------------------------------------------------------------------------------------------------186
+47Tell me a joke.I went to an interview and was asked to tell a joke. I told a simple one. How would you respond? <em>Mod Note (Andy): See more jokes in this thread from 2017</em>:
+47The Road Less TraveledI was reflecting on my path the other day, and I decided that it is time to share my story with <abbr title="Wall Street Oasis">WSO</abbr>. I am going to warn you in advance, it is going to be long. Rewind to senior year in high school, I was a good student at a school...20
+47Favorite Substance and Why?Gents, Off topic and just out of curiosity. Being a first-generation American with strong European roots, I have always found it fascinating which substances people use to get through the week, enjoy the weekend, wake up in the morning, or fall asleep at night. ESPECIALLY here in America....245
+47What are your goals for 2017?Evening Monkeys, @Eddie Braverman" [recently posted]( how he uses the Thanksgiving weekend to set his goals and provided the community with a few tools for categorizing, qualifying and actualizing annual...161
+47BlackRock Virtual Cover Letter HireviewHas anyone applied to BlackRock to be a full-time analyst and received a request to submit a virtual cover letter? I'm not sure what to expect so if anyone has completed it and could tell me what questions were on it that would be great! I'm not sure whether to expect to submit one...167
+47JP Morgan Winning WomenThis thread is for undergraduate students currently applying to the <abbr title="JP Morgan">JP</abbr> Morgan's 2018 Winning Women events in <abbr title="New York City">NYC</abbr> and Chicago. Feel free to follow and/or post if you're in...429
+47How bad is f*%&ing a co-worker?Hey guys, I need some advice here. I work at a mid sized office with about 50 employees total. A girl from another team recently broke up with her boyfriend and has hinted that she is down a few times with flirty texts and being touchier than a co-worker should be at a work retreat. She...64
+47Cocky InternAny creative subtle solutions on dealing with a cocky intern who likes to re-iterate everything you say and talk over you?57
+47Goldman Sachs HireVue Process Hey everyone! I just finished a first round interview with <abbr title="Goldman Sachs">GS</abbr> through hirevue, does anyone know how long it takes to hear back? It's hard to tell how I did but will <abbr title="Goldman Sachs">GS</abbr> still...282
+47A controversial “portfolio theory” of career planningHi all. I posted earlier (about [reflecting on six years following a career change]( and got treated to a fascinating discussion — thanks to the questions raised by all of you! In that discussion, some...19
+47Self-Important Graduation Posts on LinkedINHas anyone else been on LinkedIN lately to see a bunch of posts something along the lines of "Pleased to announce I graduated (honors degree) from (ivy league school) and will spend the next year volunteering to save the sea turtles from racial microaggressions before beginning my job with...60
+46No country for old I-bankers (starting a mid-career thread for finance professionals)Starting a thread for mid-career finance professionals. Where did you guys go after banking? I ended up in <abbr title="private equity">PE</abbr> myself, but man, it's hard. Seems <abbr title="Wall Street Oasis">WSO</abbr> is all about the...62
+46If you could work directly under one Wall Street Titan, who would it be?From all-star banker Frank Quattrone, buyout magnate Henry Kravis, to hedge fund legend Steve Cohen - there are always people we aspire to be or in the least look up to. If you had the chance to choose ANY big names to work directly for, who would it be and why? 139
+46phantombanker's GMAT Study GuidePlus make sure to see my post <a href="//">How I got a 770 on the GMAT with minimal effort while working banking hours</a>48
+46From getting fired to being one of the most influential CEOs on Wall StreetI majored in psychology and economics at Tufts University. After graduating, I worked for a <span class='keyword_link'><a href="/guide/consulting-case-interviews">management consulting firm</a></span> in Boston for two years. I enjoyed my employment...16
+46SunTrust Robinson Humphrey (STRH): An Extensive Review<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #13 and was originally posted 2/22/2015.</em> <center><img src=““ alt="" /></center> I’m a long time reader...98
+46A Clueless Freshman's First Networking Event<em>Mod Note: Each day we'll be posting the top WSO forum posts of 2014. This one was originally posted on 9/18/14 and ranks #13 for the year by total silver banana count. You can see all our top ranked content <a href="//
+46MSF Class of 2018I created the last post about this time so I thought it would be a good time to get a new thread going. With many MSF/MMS programs starting their application cycle in the next couple of months I wanted to provide a place where people can post their profiles, ask questions or seek help. I've...330
+46Why they aren't more women in X fieldI'm about sick of all the damn women (and virgins) complaining about how there aren't enough women in INSERT_CAREER_FIELD_HERE. This argument is made about minorities as well, which is similarly irritating. I'm writing this article to (brutally) highlight the things that women do...102
+46AMA - Left First Undergrad with Sub 2.0 GPA====>Booth MBA/"Tier 2" ConsultingHi folks - I've been active on here for quite some time and thought I'd give back by sharing a bit of my background and providing some advice for those of us on the 'second chance' track. I left my first degree (top 50 undergrad) with a sub 2.0 GPA after 2 years (family...70
+46How do you signal women that you work in Investment Banking without telling them?Hi Guys, I know that there are women out there who are easily impressed by the money and generally the prestige of Investment Banking, but how do you show them discreetly that you are <span class='keyword_link'><a...59
+46My hippie mom doesn't want me to go into IBI'm a freshman at what you guys would consider a semi target (uva / mich / notre dame) and am at the point where i'm really trying to figure out the rest of my time in undergrad and what i want to do when i graduate. I'm good at finance, i understand how the <abbr...111
+46The Case for Choosing a Non-TargetHello all. Long time lurker here who recently "made it" by winning a summer offer for 2019 at a top independent advisory shop (think EVR/CVP/PWP). I want to reflect on my experience recruiting and hopefully help out some prospective monkeys in the process. My background- I currently...65
+46Morgan Stanley 2019 SA Megathread Figured since MS just officially opened their applications for summer 2019 I’d start a megathread to keep track of updates. Has anyone applied yet?544
+46Here is some life advice. Hope you'll find it useful.1. There are plenty of ways to enter a pool. The stairs is not one of them. 2. Stop talking about where you went to college. 3. Don’t knock it ‘til you try it. 4. If a street performer makes you stop walking, you owe him a buck. 5. It’s okay to trade the possibility of your 80s...99
+46Lets hear your rejection storiesMost of this forum is about how people successfully broke in and now hate their lives. In reality breaking in isn't as easy it looks. So people people who went to elite semi/target schools (and non targets as well) and got rejected whats your story?52
+46500k Legal Green Card Holders and Students Banned from the US Under the current executive action. this article gives the numbers: Homeland Security confirms it applies to green card holders:...119
+45Advice for Non-Targets - Hitting "Apply" Button on LinkedIn Isn't EnoughI received a message on LinkedIn from someone looking to get into <abbr title="investment banking">IB</abbr> a couple weeks back, in which the individual explained his situation and couldn't understand why he isn't seeing progress. The general gist...38
+45I Might Hate Finance, And This Might Be the Turning PointThe signs were all there. I wasn't a great student in college, but it wasn't the content of the work that killed me. It was the little things like attendance, being on time to things, paying attention to the instructor, setting aside time to study, and following the instructions...45
+45A Story of Persistence: If I Can Make It, You Can Too<h3>Background: </h3> Rewind back to October 2011. I was a Senior at a fairly prestigious state school, but it was a non-target university. I was graduating with a major in History, and I believed I wanted to go to Law School eventually. My father and mother both went to Law School...36
+45I love you guys.I just realized nobody on this forum ever takes a second to appreciate all the hard work we put in and all the great knowledge we share with each other. A year ago I graduated from HS and entered my local CC because I had no clue what was really for me. I was a Computer Science major at the...25
+45BAML 2019 SA Megathread Hey! I haven't seen a megathread for <abbr title="Bank of America Merrill Lynch">BAML</abbr> 2019 <abbr title="summer analyst intern">SA</abbr> yet, so here it is. <abbr title="Bank of America Merrill Lynch">BAML</abbr>...487
+45Ask a bro: Thebrofessor's AMA, 2016 editiondeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedelete123
+44What companies do you respect?In a recent class discussion, we shared which companies we would like to work at upon graduation, and the reasons for choosing these companies. Common answers for respectable companies were Google, Apple, Spotify, and Deloitte. My favorite is probably Google, because of they way it treats its...135
+44Random musings that sound like venting<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #8 and was originally posted 8/23/2015.</em> There's really no point to this post. TLDR: Sometimes it's just a job with a boss that does boss things. <h3>1) Young PMs...22
+44Friendzoned by Your JobI’ve been paying close attention recently to what the people who advance quickly in their career have in common, and what the people who are stuck in the same role for years have in common. One insight I had was that the people who are stuck in the same role for years and decades are no...32
+44VP screwed me over at superdayHey all, This is really bugging me. Recently <span class='keyword_link'><a href="/tag/superday">had a superday</a></span> with the regional office of an <span class='keyword_link'><a...64
+44How WSO has enhanced my IB/PE career<h3>Background</h3> I randomly discovered <abbr title="Wall Street Oasis">WSO</abbr> nearly seven years ago just weeks after I secured a <abbr title="full time">FT</abbr> <abbr title="middle market">MM</abbr> <abbr...43
+44Follow up on last week's Tinder dateFirst off, a question for you monkeys. Regarding the <a href="//">Woodford and creatine</a> combo I use to signal the end of cocaine hours and the beginning of premarket: I started preparing it in the bottles to save...26
+44PED GPAs Should Get an AsteriskI was having a conversation with my 6th grader the other day and almost gave my wife an aneurism. We were casually discussing school when the subject of one of his pals came up. This kid used to be a real paste-eater, and I'd be lying if I said I don't enjoy a little schadenfreude at...101
+44Share the Strangest Interview Questions You've ReceivedAs we go through recruiting season, people are bound to get hit with some of the strangest and most absurd interview questions that they never would have thought to prepare for. For the sake of comedy, please share questions here that you've either given or received. Here's...124
+44Does Growing Up Poor Make It Harder To Succeed? Janet Yellen recently provided a federal reserve study, with the ultimate findings being that income inequality creates different opportunities for people. Now this isn't exactly a big discovery, however it seems odd this study was performed. You can read the full article published on CCN...77
+44Shithole Scandal Ok folks. This is Trump scandal #99447. Oh hell, I've lost count of the number of times people have gone hysterical over Trump's comments. Here are my thoughts on this. 1. Trump is a vulgar man with no filter. It's just who he is. Having said that, Presidents say a lot of...166
+44AMA: 3rd Year Hedge Fund AnalystI've been reading <abbr title="Wall Street Oasis">WSO</abbr> for years and it helped me out immensely when I was trying to figure out the best route to take in order to achieve my goals. Now it's time to try and return some of that value, so here goes....160
+44Breaking the hedge fund case study <em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 2/24/14 and ranks #17 for the year by total silver banana count. You can see all our top ranked content <a...98
+44Fake Frank Quattrone (IB PE) AMATL;DR: Shoot out any questions you may have regarding any topics over here - the job, <abbr title="megafund">MF</abbr> <span class='keyword_link'><a href="/guide/private-equity-interview-prep-questions"><abbr title="private...114
+43OCR: The Saga Continues (Alternate Title: I Now Have Cancer of the Nose)<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #12 and was originally posted 10/4/2015.</em> <em>Mod Note (Andy): See his original post here: "<a...55
+43FTB's Guide To Working Late and Raging Hard (At The Same Time)Man, it seems like there's nothing better than waiting until everyone's gone from the office for the night (we're talking the wee hours of the morning here folks, and we're not counting janitors as people) and doing lines off some prude bitch's desk while I undo a few...17
+43Why are recruiters so useless?I’ve dealt with both internal corporate recruiters and external (headhunters) and I continue to be amazed at how awful they are as a rule. I applied to a super regional bank, a recruiter reached out with some questions and stated that after I filled it out they’d reach out to set up a...65
+43AMA: I hate my Banking job. Most likely transferring to Back office. Hello everyone. I'm an investment banking analyst and I.. hate my job to put it lightly. I'm also terrible at it, which is mostly due to how much I hate it (I was a top 2 analyst until I just started hating everything). No, I'm not throwing myself a pity party. I'm...130
+43What I hate about BankingNumber one thing I hate about investment banking: the congratulations you get after pushing an all-nighter to get a book out. Spent last night (and most of this morning) pushing out an important book for an <abbr title="initial public offering">IPO</abbr>. This...61
+43What's the most valuable and versatile Undergraduate Degree nowadays and looking into the future?As a Senior HS student looking ahead not just 5 years from now but 15 years down the road, it scares me. I've been always interested in studying finance/business for my undergrad. Seeing the stagnating finance industry and the increase in automation (or atleast intentions to do so), I am...105
+43Where do you find those "wifey" types that will stick with you forever?Since most women in clubs are just looking for one night stand/brief flings and <abbr title="investment banking">IB</abbr> girls have superiority/feminist complex. So where do you find those other wife type girls?143
+43Is Social Class Still an Issue in Investment Banking? For years, the investment banking sector has prided itself on the idea that it is fiercely meritocratic. Those who work hard succeed, and those who don't get chucked out fast if they don't make the grade. Recent research, however, has shown that the industry is dominated by people...197
+43Lmao TeslaSo Elon Musk tweeted a series of erratic comments stating that he is considering taking Tesla private at $420 per share, which represents a 23% premium on Monday's closing price of ~$340. As a result the stock shot up, reports were the tweets might be fake, volatility is ridiculous, and now...120
+43Married Before or During First Year of Analyst StintHello, I'm in a predicament. I need to decide whether to propose and marry the girl that I love before starting my first year as a full time <abbr title="investment banking">IB</abbr> Bulge Bracket analyst or to do it during the first year or after the first year. I...81
+43Debt for Elite School, or none for non target State SchoolOk, so I am a current senior in high school and I am in a predicament. I want to go into <abbr title="investment banking">IB</abbr> before getting my <abbr title="Masters in Business Administration">mba</abbr> and then <abbr title="asset...225
+42Ask Fake DickFuld January 2016Yes, you read that right. AndyLouis asked me to when I was going to do an AMA a year and a half ago or so in some random thread. I first researched what "AMA" meant and then realized it was a great opportunity. I had not really been in the DickFuld character yet and I truly never...115
+42Why Does The World Hate Wall Street and Bankers It seems that conservative and liberal pundits alike all use Investment Bankers as a symbol of greed and corruption to scapegoat for all of the countries woes. Did this all start after the housing crisis or has there always been hostility towards bankers? I commonly hear journalists spout...191
+42Leaving the buyside<em>Mod Note (Andy): Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 2/23/14 and ranks #26 for the year by total silver banana count. You can see all our top ranked content <a...116
+42Filtering resumes - what I looked for when screening 200+ resumes<em>Mod Note (Andy): This was originally posted 12/30/14 and is a great read for those getting prepared for Summer Analyst recruiting</em> We're preparing for our OCR interview day for <strong>summer interns</strong> from one of our target schools and our team...166
+42A Monkey's Guide to the GymMonkeys, One topic that I see pop up time and time again on here is regarding the gym. I have a particularly slow Friday ahead of me so I thought I'd post a brief guide to training since I imagine, for the most part, we all have similar lifestyles and the challenges that come with them....108
+42PE exec stops dating women that are too hotI started skimming the <abbr title="New York ">NY</abbr> Post irregularly after I heard the Mulaney bit on it ("the New York Post is like talking to someone who heard the news, and now they’re trying to give you the gist"), and I saw an **AMAZING** article today...63
+42The guessing game: best site for Amazon's new HQ? [quote] Fee <abbr title="fixed income ">fi</abbr> <abbr title="front office ">fo</abbr> fum I seek the site of a new HQ Bringing jobs and scouting talent I'll make retailers know they're dead -Appley [/quote] Jeff...179
+42AMA - Analyst at Top PE Fund (TPG, KKR, BX, OAK, Carlyle, APO)Hi everyone! Long term user, but new account here to preserve my anonymity. <h3>My background: </h3> I'm currently a private equity analyst at one of the funds in the topic title. As some of our processes are slowing down, I wanted to check back into the forum and give back...226
+41Facepalm moments at info sessionsSo tonight I was <span class='keyword_link'><a href="/company/goldman-sachs">at a <abbr title="Goldman Sachs">GS</abbr></a></span> info session, and a student asked verbatim "what can you tell me about the work/life balance...96
+41Disappointed and heartbrokenTarget school, 3.5+ GPA, relevant experience (really good <abbr title="summer analyst intern">SA</abbr> gig at an <abbr title="investment banking">IB</abbr> firm) but still unemployed for <abbr title="full time">FT</abbr>. I...79
+41Nicest Thing Your Boss Has Ever Done For You?Hi monkeys, so today is my last day at my internship and when I got to the office, my boss left me an entire plate of homemade chocolate chip cookies as well as a gift card on my desk. Wasn't expecting anything like this and she didn't really have to do this. So the title is pretty...71
+41What's your Top Stock Pick for 2017What is everyone's top stock pick to start off the new year? Explanation preferred if you throw up some no name or controversial stock. Once the year is coming to a close we could look back and see whose pick is doing the best and whose is absolute shit. As there has been a lot of...130
+41Do any bankers play any video games? If so which ones?Does anybody play any games for the Xbox 1 or the PS4? Does anyone play any shooting games, fighting games, racing games etc558
+41Which city has the best work life balance for a banker?Monkeys, there is usually so much of noise about Wall Street and New York due to both history and the number of opportunities present. I was thinking about what it is to be a finance guy in other cities. Though people working in the financial services are not supposed to crib about work-life...116
+41College kiddos are disillusioned by college degrees -- surprise?According to a [recent WSJ/NBC survey](, a staggering estimate of 47% young Americans feel that a college degree is not worth it compared to a 49% who do. *That* is a pretty close divide which is...102
+41Office Hazing Stories? You guys have any good stories? My group doesn't do anything which is probably good in terms of HR but I've heard some decent ones from some of my friends: - One group makes all the interns dress like absolute clowns during the last week of their summer. Like tuxedos to the...39
+41AMA: A Bored Financial AdvisorHello everyone. I've lurked here on and off over the years and realize there isn't much activity regarding wealth management, but thought I'd register anyway. I'm in my 30s, at an independent broker/dealer, been doing this over a decade (after getting my B.S. in finance and...104
+41How I went from 10 rejections to one dream internship this year.<h3>Finance Interviews: </h3> Goldman Sachs 1st round. No. Altamont Capital 1st round. No. Bracebridge Capital 1st round. No Bridgewater Associates 1st round. No. <h3>Consulting Interviews:</h3> Cornerstone Research 1st round No. Analysis Group 1st round....32
+41Commercial Banking SVP Ask Me Anything (AMA)In the spirit of sharing, I figured I would set up one of these to help out those interested in learning more about Commercial Banking. As there is no separate sub forum, it is hard to find up to date/current info. Commercial Baking isn’t super sexy like <abbr title="investment...141
+41Off The Beaten Path: Commercial Banking to Private Equity (The Non-Traditional Route)Hey everyone. The ink has just barely dried on my accepted offer to join a boutique private equity firm as an analyst, but I think now is a better time than any to tell you how I made the jump to private equity from a VERY non-target background. <h3>My Bio:</h3> A little bit...52
+41Some more truth about BB Ops and how I got out<h3>The Truth About The Back Office</h3> Hey guys, so I know there are a few posts about the <span class='keyword_link'><a href="/finance-dictionary/what-is-the-back-office-BO">back office</a></span> (i.e Operations) on this site but I...69
+41Yes, You Are Having a Quarter Life Crisis (and it's ok)Hello everyone, A big HELLO to those who can relate to this thread. *Don't have to read.* SHORT intro: I'm in my early 20's, went to a non-target school. Found my way to a storied and renowned <abbr title="investment banking">IB</abbr> and secured a...163
+41Is the Bull-Market Over?Kind-of insane how fast equities sell off. I presume it's mainly from the algorithmic machines that dump massive amounts of volume all at once. The DOW opened insanely how but sold-off very fast afternoon. I have no hope in these markets anymore. Now, everyone is running around chasing all...141
+41Beyond the guide: a list of real interview technical questionsOver the past few years, this forum has helped me a lot, so I thought I'd give back. The following questions are all from interviews and superdays I've had at various <abbr title="bulge bracket">BB</abbr>/<abbr title="elite...230
+41Interview Question: "Prove to me that you are smart"This is an actual question I got and completely f'd up the answer... How would you go about answering this question? It seems like a lose lose scenario. If you answer it seriously, by explaining your high GPA/relevant experience then its a really boring answer and you might even come...68
+40AMA - Analyst at $1.5B Endowment FundI have been reading <abbr title="Wall Street Oasis">WSO</abbr> for a few years now and would like to give back and help out all of the younger readers on here. When I was going through the interview process for my current role, I had a hard time figuring out what exactly I...34
+40How I Paid Off 60K In LoansHey - I just wanted to stop in and tell you guys how I paid off approximately 60K in student loan debt. I went a very cheap/frugal route, but maybe you can apply my methods to your day to day. This post is for the middle class kids who don't get enough financial aid and/or scholarships....50
+40What if Goldman Sachs & J.P. Morgan merged together?I know this sounds insane! But theoretically speaking <span class='keyword_link'><a href="/company/goldman-sachs" target="_blank">what if Goldman Sachs</a></span> and <span class='keyword_link'><a...68
+40Shorting Stocks: My Research Process & 7 Rules I FollowI short quite a lot at my current shop. I'd split my shorting into 4 buckets: <ol> <li><h4>Low quality companies that are misunderstood:</h4> These are typically misunderstood because some risk factor in the business model isn't fully appreciated by the...26
+40Establishing Executive PresenceGreetings Monkeys; Starting a Certified User Thread to find out from those who are established in their career to share perspective on Establishing Executive Presence. As an example, I am in a new role where I am to convey our firm's point of view on the state of the industry to...41
+40Interview Questions: Tell Me A Joke...I recently went for a <a href="//">finance interview</a> at a smaller shop. The interviewer asked me to tell him a joke. I blanked. I ended up saying: A man walks into library and approaches the librarian. The librarian...428
+40Global macro recruiting - a primer<Redacted> 50
+40The market is turning rapidly...In the last 60 days I've seen so many deals fall out. Not just mine but other brokers across several asset classes. Buyers are hyper critical of everything. Sellers still want crazy money...Apartment investors selling at 4 caps and trying to buy retail at a 6. They see the end in...87
+40Why do people choose megafunds over MM?Wondering about this. Is it just the prestige/pay? Seems like your experience would be quite limited at megafunds (type of work similar to banking, just modelling focused). Why don't more people pursue <abbr title="middle market">MM</abbr> -- especially if it is less...178
+40Accidentally Punched MD in the FaceIt's my birthday today, and learned that my GF paid for a 1 week vacation for the both of us to go to Cleveland. My natural excitement made me spin out of my chair, get up, and swing my fist into the air. I did all of this so fast that I didn't realize my Managing Director was right...52
+40Why You Should Reject that Start-Up JobI've always considered myself entrepreneurial at heart. Even since I've started my work in <abbr title="investment banking">IB</abbr>, I have continued to work on developing a few "back pocket" ideas that I'm excited about. Indeed, ever since I can...71
+40People who didn't make it into IB: What are you doing now?I am currently in the process of applying for <abbr title="investment banking">IB</abbr> related internships and I have a feeling I'm not going to make the cut. You know how sometimes you dance with the hottest girl in the club but you KNOW she's not going home...52
+40106 Rejections, 1 Success & Unquantifiable Perseverance<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 4/29/14 and ranks #11 for the year by total silver banana count. You can see all our top ranked content <a...118
+40Physical Oil Trading Basics (Part 1 of 2)I have seen a few posts on the Commodities Trading forum asking about how petroleum trading is priced, hedged, etc. I was reasonably high up in Risk Management for a “major” trading company in Houston for a few years and am now running a hedge book at a smaller company, so I thought I may...72
+40From <2 GPA, to Bulge Bracket and Hedge FundYesterday I received an offer from an equity long/short fund in <abbr title="Hong Kong">HK</abbr> and achieving my goal that I have been pursuing over the past 5 years. As a long-time <abbr title="Wall Street Oasis">WSO</abbr> user, I have read...30
+40NYSSA Equity Research Initiation Report***Please look at the bottom of the post before PM-ing me for materials. Summary: NYSSA IRC as a Stepping Stone in Getting a Job in <span class='keyword_link'><a href="/finance-dictionary/equity-research-overview"><abbr title="equity...27
+40What Everyone Ought To Know About Failure <em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 3/26/14 and ranks #18 for the year by total silver banana count. You can see all our top ranked content <a...25
+40Wanna Jump Straight to the Buy Side?<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 10/17/12. To see all of our top content from the past, click <a href="//">here.</a></em> <h3>Deciding to Recruit For the Buy...289
+402019 On-Cycle PE Recruiting: Headhunter RankingRecruited on-cycle in early December and signed with an upper <abbr title="middle market">MM</abbr> buyout fund in <abbr title="New York City">NYC</abbr> starting Summer 2019 (flagship fund size: $6-9 bn; AUM: $20-40 bn). Lazy Friday in the office...36
+40Goldman Sachs Investment Banking Summer Analyst Hirevue OverviewWho else got this? Let's discuss. I know there was a giant thread on this last year, but does anyone have experience with Goldman Sachs Hirevue questions for this recruiting session? Please add your interview contributions in this shared google sheet for 2018 <abbr...440
+39Successful Blackmail AchievedI'm back and at 'em, motherfuckers. Last thing I truly remember from two weeks ago, I was watching the election results roll in and they called Wisconsin for Trump. Thus began such a hardcore weeklong celebration bender I totally forgot about showers, the internet, and everyone in my...19
+39Have you ever seen an intern quit early?Hi, I know that it's quite unlikely probably that an intern quit early, since they put a lot into getting the internship in the first place but nevertheless did you hear about interns who just couldn't handle the hours and therefore decided to quit early? <h3>Have Interns...101
+39Craziest Things You've Seen in NYC?Good afternoon monkeys. As much of this site must work in <abbr title="New York City ">NYC</abbr> or used to work in <abbr title="New York City ">NYC</abbr>, what are some of the wildest things you've seen go down in the city? 120
+39This forum helped me go from Blackstone to Facebook to YCombinator startup founder ( Ask me anything!Wow does this forum brings back memories! WallStreetOasis was a welcome discovery my freshmen year in college and I checked it religiously back then - trying to gauge the relative prestige and status of different firms and sucking in all the hilarious and offensive terminology along with it....92
+39Went from Community College & Fast Food with a 2.8 GPA to one of the most active PE funds in the world within 3 years. AMA.Happy to answer any questions. Message me personally if you'd like 1 on 1 help. 60
+39Classic Diversity RantHere we go again, boys. Diversity rant. Notice what I did there? I said "boys" because I'm sexist, right? Wrong. Am I sexist? Fuck yeah, if paying for everything and thinking (knowing) that men are better drivers is sexist. But no, I'm actually just speaking to my intended...84
+39Breaking into buy-side equity research - my experienceThis will be my very first post to this forum, which is admittedly dedicated more to banking and private equity rather than investment research. Given the dearth of content on buy-side equity research (understandable given the small size/low turnover of the industry), I have decided to share my...76
+39New To Formal Fashion? Start Here. PT1<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #14 and was originally posted 6/14/2015.</em> I spend a bit of time in this part of the forum and consistently and constantly find repeated questions from individuals coming out of college and...72
+39What is street smart in Investment Banking business?Hey monkeys, I am a junior analyst who just landed a full time <abbr title="mergers and acquisitions">M&A</abbr> analyst role in the city. I asked for the feedback from my director and MD and they say 'All the job you have done is great, that's why we...36
+39Credit Analyst AMABackground: I work for one of the largest banks in the world by assets, in credit analysis. My job is basically to analyze the credit risk of large corporates (generally more than $1Bn in revenue). Products are not limited to loans and revolvers, but extends to everything under the sun that is...124
+39Got into a target because of you guys! 2.6 GPA in high school!*I'm sure so many of you are tired of seeing my name around here - but god damn this community is truly amazing.* 1. I graduated from a shitty high-school (Ranked 2/10 on Zillow). 2. I had a 2.6 GPA 3. I smoked weed (perfectly fine, but is just not for me) and was distracted,...36
+39Tricks of the TradeJust want to share best practices and hear what other people do to be more efficient. I'm wrapping up 1st year associate in middle-market growth equity shop... <h3>PortCos</h3> * Keep a folder for each portco in outlook where I save all correspondence * Save all...89
+39Abraaj Capital - Global Anlayst Program - 2017 IntakeHey Guys! With regard to the above captioned subject, I'm looking to get in touch with candidates who have applied for Abraaj's GAP for the 2017 intake. In this regard, I'd be grateful if people can apprise about the status of their application process. Also, all those who are...408
+39Overview of Sell-Side M&AWould love it if some of the senior guys on this site would share their take on the process from client pitch to closed deal, and add anything I may have omitted. <h3>SELL-SIDE <abbr title="mergers and acquisitions">M&A</abbr></h3> <h4>1 -...52
+38Delta: Breaking Down the First of the GreeksHey guys, I've seen a few threads on options <span class='keyword_link'><a href="/finance-dictionary/trading-overview">trading and how</a></span> important the Greeks are to your overall options trade. I found a great read courtesy of OptionsHouse...40
+38Goldman Sachs SLC IBD OverviewOver the past few years I have noticed a notable amount of misinformation related to the <abbr title="Goldman Sachs">GS</abbr> SLC <abbr title="investment banking division">IBD</abbr> program on this site. Given the amount of recruiting momentum...72
+38Do you believe in man-made climate change?Interested to hear what <abbr title="Wall Street Oasis">WSO</abbr> thinks of this. I am in two minds with this one, Its a tough one and in general you can't dare to question the validity of some government scientists 144
+38Why You're So Easy to Replace<em>Mod Note (Andy): Best of Eddie, this was originally posted in 2010. To see all of our top content from the past, click <a href="//">here.</a></em> <strong><em>"The meek shall inherit the...58
+382017 FT IB Analyst Recruiting MegathreadWhen does <abbr title="full time">FT</abbr> <abbr title="investment banking">IB</abbr> Analyst recruiting typically start? I am a recent graduate (May 2017), and am wondering when banks will start taking resumes/interviewing online, or via other...505
+38Anyone feeling burnt out by recruitment?I've been recently feeling exhausted while wading through the summer analyst recruitment process. I've been stretched thin from networking in February to pushing for interviews now, with no signs of letting up for a few more months. I'm sure some folks out there feel the...51
+38Roadmap for IBD Coverage Associate to Career BankerIn <span class='keyword_link'><a href="/finance-dictionary/what-is-investment-banking-division-IBD"><abbr title="investment banking division">IBD</abbr></a></span>, I think most bankers would acknowledge that the Associate role is...19
+38So I heard You Want to Start Trading?Let me start off by clarifying. <span class='keyword_link'><a href="/finance-dictionary/trading-overview">By trading</a></span> I’m not referring to investing or trading part-time while you do other things (such as hold down a full-time job). I’m...64
+38I made it. So can you. Thanks WSO!Posts like these are a dime a dozen, but I need to tell my story so that the next kid can take inspiration if they ever stumble onto this post. This is a long post, but I promise it's worth it. ###**Background** Was born and raised in Australia to immigrant, lower-class parents. We...21
+38EBITDA vs. Operating Cash Flow vs. Free Cash Flow <strong>Moderator note (Andy):</strong> <em>this is a post from 2010 but squawkbox suggested its relevancy remains and can be very useful for those going through <abbr title="full time ">FT</abbr> & <abbr title="summer analyst...69
+38How Do Hedge Fund "Geniuses" Einhorn and Ackman Still Have Any AUM? So hedge fund "genius" <a href"">David Einhorn<a/> is down 18 percent this year, even though the S&P is up 5 percent. Last year, his fund gained 2 percent while the...124
+38Universal Basic IncomeFinland has started a new program where it gives a basic income to all of its citizens. In theory, this sounds wonderful because even those without a job will have some basic sustenance. Maybe this can only work because the country has a small population. What do you guys think of this new...164
+38Prestigious PeteI would like to extend a warm welcome to myself, Prestigious Pete. I am a jealousy amalgam, created from combining all the conceited, self-assured finance super douches into one man called Prestigious Pete. After finishing up at Andover, I went on to attend Yale University, where I majored in...242
+38How in the hell did things get so bad in Venezuela?So for anyone who hasn't heard of the situation in Venezuela, [basically everyone is dying of starvation because of the lack of... well, everything]( Literally, everyone -- infants are facing the possibility of dying so early...98
+38IP Ban for Latest TrollsThis is more to catch the attention the mods if anything but is it possible to place an IP ban on a user? I, along with a lot of people, are definitely sick of the trolls that have been plaguing <abbr title="Wall Street Oasis ">WSO</abbr> for the past month and a half. I am...86
+38JP Morgan Junior Investment Banking Analyst ProgramRecently saw a posting for this program go up. Can anyone cast any light on what it actually is? From what I understand it's a 1 year program, then after do they cut you or are you asked to stay on given good performance? Insight into comp and details about the program would be appreciated...376
+38Foster Care to Strategic Finance: My StoryI saw a couple of my story posts, and thought it would be good to share mine since I come from a very nontraditional background. I saw another post in outline form and liked it, so mine will mimic that. <h3>The beginning:</h3> * I was placed in foster care at three months...17
+38Why Do People Hate on Frats & Preppiness in General?Nowadays there seems to be this overall hatred amongst the majority of people (more so millennials) for people who are in frats and for people who dress 'preppy'. A lot of people seem to look down upon those in fraternities and make generalizations about those in frats such as being:...83
+38The Unintended Consequences of Self Driving Cars<p>I'm sure most of you caught the news a few days ago that <a href="">every Tesla coming off the assembly line now has full self-driving hardware</a>. That was the...107
+38Praying for LilyI am posting this because I need the WSO community's prayers, your good vibes, positive energy, anything you can send my family's way. Monkeys, I am going through a very difficult time right now. This site has helped me in many ways, I have tried to give back. You all know I am a...132
+38What's the best pizza in New York City?Easy, non-controversial question. I am expecting a clearcut winner to emerge. Let the recommendations fly.84
+38Every Second Counts**Disclaimer**: *This is not a stupid self help post, just something I thought people should know. I am quite shit at helping others personally in general so don't expect much or in fact anything.* <h3>What I have to say</h3> It goes like this, I have changed jobs recently...33
+38When Did You Have the Hardest Time Staying Professional?We have all been there, some d**k just pushes our buttons to the level where we consider knocking this dude out cold or just being a complete douche and making him regret his entire existence. What did you guys do? When were the times when some bumblefuck gave you the hardest time staying...38
+37The Truth Behind PE CompensationHello World! Compensation in the <abbr title="private equity">PE</abbr> world can be a bit of a black box. I sometimes get approached by folks who are perplexed by their compensation packages at a middle market <abbr title="private equity">PE</abbr>...21
+37Forbes 30 Under 30 2018Forbes came out with their annual 30 under 30 for 2018 today. It's that time of year where we feel bad about ourselves, but at the same time motivated, because no matter how well you're doing, there's always someone out there who's doing even better. Unless you're a 29...65
+37America: We Had A Good Run<p>I can remember being excited to vote. No, seriously. I was actually excited to vote for Bush the Elder back in 1988. And I was never more excited to vote than I was for Perot in 1992. But that was the last time I was excited to vote for President. </p> <p>I voted Dole in...58
+37Your Most Absurd IB Interview Questions.. and AnswersAll, I am doing this because I haven't found a thread like this on <abbr title="Wall Street Oasis">WSO</abbr>. I am curious as to everyone's most absurd <abbr title="investment banking">ib</abbr> interview questions that they have been asked,...102
+37How much $ do you need to make?Curious how this varies across cities. In SF, it seems living anything above a bare minimum life-style requires $130-140k, after retirement contributions, healthcare, etc;. Pre-taxes you're talking closer to 165-180k. <abbr title="New York City">NYC</abbr> seems...85
+37Recently received an offer from Goldman Sachs I recently accepted an offer from Goldman. I got 6 rejection <span class='keyword_link'><a href="/finance-dictionary/what-is-the-bulge-bracket-BB">letters from bulge bracket</a></span> banks. Finally, on my last <span...44
+37How can WSO Get Better?Dearest Fellow Primates, It's been a while since I reached out and asked for advice, so I thought I would take the time now to explain what we've done recently, what we're working on and see how we could make the site better for YOU. ### Design So we just changed this to a...174
+37Bad HabitsWhat bad habits (besides lack of sleep) have you all developed since you started at a bank? For example, I started biting my nails after a month on the job but had never bit them before and a friend began to mumble random finance terms in her sleep.44
+37Blackstone / PJT Exit OppsA friend forwarded me this list of analysts / associates destination of Blackstone and PJT Partners (onwards) classes in New York and London. More info in the US. Enjoy, apologies for the long list: <h3>Blackstone <abbr title="New York">NY</abbr>:</h3> * ...31
+37What It Really Means to Be "Alpha"I'm fairly new here, and deciding what to write about in a blog entry might seem easy enough, but I'd rather people enjoy what I read than just read it and forget it. So I spent some time this week going through the more popular posts on <abbr title="Wall Street...356
+37Millionaire by 30Hey there wolves. I recently set a goal for myself to be have a million dollars sitting in my savings account before mid-age crisis blows me across the face like a metal baseball bat. If there's any of you young bucks out there on the street with a similar goal. Matter of fact, if...87
+37Minimalism and Wall StreetThis is going to sound pretty odd to some of you, but it's one of those macro trends that have been on my radar since roughly before the crisis started in 2008. I'm talking about the current trend toward minimalism in general and its many offshoots in particular, what long term impact...62
+37Are rich people ruining America?Hey monkeys, Just like the title says, [are rich people ruining America?]( The article claims that the future potential of the children of low-income Americans are being diminished by upper-middle-class...117
+37Sincere thank you to the WSO Community<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 7/7/14 and ranks #16 for the year by total silver banana count. You can see all our top ranked content <a...61
+37Do you guys actually enjoy your jobs?I'm curious why you guys went into investment banking (or why you want to) and how many of you guys actually enjoy your jobs? It seems like so many people going into banking (especially at the analyst level) end up hating their work and the lifestyle that comes with it. I know investment...87
+36CV & CoverLetter - S&T Citi, Internship - No mercy please !Hello there fellow monkeys, I am about to apply for a <span class='keyword_link'><a href="/guide/wso-internship-guide">summer internship</a></span> in <abbr title="Sales and Trading ">S&T</abbr> at <span...15
+36What watch do you wear and What's your Dream Watch?I've seen the car topic, now let's start with the watches. I'm a watches maniac. Currently wear: Rolex GMT Master ref. 1675, Rolex Submariner 1680 red write. Next: <abbr title="accounts payable">AP</abbr> 15300 Dream: Patek Philippe Nautilus 5712206
+36Wells Fargo Fires Bankers for Expense Policy ViolationsWF crushing it, just saw this on WSJ. Expensing meals early is apparently a fireable offense at Wells.
+36How to Make a Phone App if You Only Know Investment BankingContent removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content removed Content...42
+36Why YOU Aren't Getting Offers<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 2/16/11.</em> I have been meaning to post something regarding this topic for some time, even though it has been covered to the point of exhaustion. My final breaking point was about 2 weeks ago, when I...84
+36The Intellectual Yet IdiotMust read article by Nassim Nicholas Taleb (link below): [quote]The Intellectual Yet Idiot What we have been seeing worldwide, from India to the UK to the US, is the rebellion against the inner circle of no-skin-in-the-game policymaking “clerks” and journalists-insiders, that class of...82
+36Most Frustrating Job Search StoriesSo I'll try to be short, but I had an incredibly frustrating story that I need to vent. So before the hardos on here come at me saying "Youre just mad you didnt get the position", let me say that you are completely right and I'll explain why. I graduated from a small but...34
+36Trump = Quant-mageddon?I may be a dumb southerner who limped through advanced calculus like a wounded animal, but I spent a fair amount of time in college studying math and applied statistics. (I think it is amazing you can graduate from many institutions with a degree in finance, having memorized a bunch of formulas...68
+36How do you stop being butthurt and emotional in this business?Do any of you cry if your MD/PM yelled at you for screwing up, or coming late, etc.? Or simply feeling irritated by your MD/co workers who speak in a stern voice? How do you stop taking all of this personally, and realize that all that matters at the end of the day is money? 108
+36Dating girl in same bank & floor, diff team/divisionHave been really hitting it off with a hot first year analyst during social and drinking environments. I work in a large trading floor type environment, she's on the other side of the same floor but sells a different product/has different clients. She might actually be a middle...42
+36Investment Banking Hours - What to Expect?<h3>The 100-hour Work Week Fallacy</h3> <i> A typical investment banking analyst can expect an 80-hour week.</i> Yes, there will absolutely be weeks where you will work a hundred hours, but those weeks are outnumbered by 80-hour weeks. A user shared a wise comment...104
+36AMA - Alternative Path to F100 Corporate Strategy w/ Exit DetailsTook a different path to Corporate Strategy and have since exited (see below). AMA. * Grew up in suburb of tier 2 US city * Underachieved in HS – B student (generous), ~1200 SAT, lazy * Pretty good at basketball, helped me get into top 20 college – WHEW * OMG COLLEGE...29
+36How does one best fit pregnancy into a PE careerAs a woman eyeing a career in <abbr title="private equity ">PE</abbr>, how could one best plan pregnancy to minimise damage to one's career progression. Time it with MBA? Wait till Director or even Partner? I doubt there are many mothers on here who can speak from...38
+36Stimulants 101: How to wake yourself up and get shit done (without destroying your long-term health)If you're reading this, I'm assuming you take a shit load of stimulants to stay awake and get work done. It's the only option on those days where you've been grinding through mind-numbing Excel for 8 hours and your brain is turning to mush.  When you've been getting...94
+36How did Trump do last night?I think he somewhat helped his case but seems like it wasn't enough. 114
+36Thoughts on HBS (Starting Out)<em>Mod Note (Andy): Each day we'll be posting the top <abbr title="Wall Street Oasis ">WSO</abbr> forum posts of 2014. This one was originally posted on 10/1/2014 and ranks #23 for the year by total silver banana count. You can see all our top ranked content...90
+36Yelled at for saying "No Problem"Hello Monkeys, I had to come to <abbr title="Wall Street Oasis">WSO</abbr>, because what just happened was so absurd, I wanted to get some feedback/opinions of the interaction that just occurred. So I'm a part-time intern <span...98
+36Five Thoughts on Wall Street Bathroom BreaksWhen you work 80-hour weeks regularly and the staples of your diet are $25 Seamlessweb pasta dishes and burger combos, inevitably, nature is going to call – on your office line. For the majority of analysts on Wall Street, working at an investment bank is your first time in a professional...240
+36Living in a city you hate, due to work I work for a very well known tech firm (i.e., <span class='keyword_link'><a href="/company/amazon" target="_blank">Amazon</a></span>, Facebook, Google), and although the job is ok for the most part (fantastic hours, laid back, love the people...106
+36Ex-PE Guy Launches a Briefcase Company - Ask Me Anything!I've been on and involved with this site since its inception. It's been a sort of guide to me since I was a junior in college - it helped me break into banking and then <abbr title="private equity">PE</abbr>. I've tried to give back over the years and am...140
+35The Non-Target Who Didn't Take No For An Answer<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 1/25/14 and ranks #19 for the year by total silver banana count. You can see all our top ranked content <a...73
+35What I Learned From Losing $1.2 Million At the start of 2008, I was a grain trader with less than one year of full-time experience who, through a series of strange events, found himself as the de facto head of my desk’s P&L. Although I had a senior trader who was supposedly in charge, he had brought his own book of business to...21
+352018 APD MBB Full Time RecruitingHi everyone, wanted to get this thread started for updates on the APD recruiting cycle at <abbr title="McKinsey, Bain and BCG">MBB</abbr> for this year. Applied a few weeks ago to McKinsey but no updates yet, including invitation for PST. 289
+35IRON MAN<em>Mod Note: This post is from Jared's Daily Dirtnap daily market newsletter. <abbr title="Wall Street Oasis">WSO</abbr> readers qualify for a $100 discount... just email [email protected] & mention "WSO Monkey Discount". You can follow Jared...61
+35Is work-life balance overrated?I've been thinking a lot about this lately. Work-life balance is something that I used to care a lot about but now am questioning that. Quick context. I currently work in finance for a mega tech firm out in the west coast. My work-life balance is fantastic: 45 hour workweeks, no work...65
+35My Story: Extreme non-target to top BBI can't believe I am finally writing this but it is time to really reflect on what has happened in the past month. <h4>Background:</h4> Parents divorced, grew up in poverty in the middle of nowhere, etc. Chose to go to my extreme non-target because it was a full-ride and...22
+35Anyone see Black Panther? (Thoughts)This was one of the most hyped films going into 2018 and as a superhero movie fan I had high expectations. I personally thought it was a really great film, one of my favorite in the Marvel Universe Films. Director did an amazing job, story was well written, all actors notably Michael B Jordan...149
+35"Fewer Asians Need Apply"Hi All, I've read several forums, discussions, and arguments on WSO on getting into the target schools, what it takes to get in, affirmative action, diversity, equity et al, but here's an in-depth look at the admissions process and how American Asians are suppressed because they...125
+35"Getting Laid in College is Somewhat Overrated" [quote="<span itemprop="name">Attack_Chihuaha</span>"]<p>getting laid in college is somewhat overrated</p>[/quote] - @Attack_Chihuaha" 4/30/2017, Never Forget. How do you all feel about this? What are some other things that are overrated?...34
+35Industry Primers Ready to Go!!!!Dear All: I am sharing my compendium of industry primers, market research reports and strategic presentations. The list is sorted by year and the format is as follows: line one has the institution name, line two has the report title with page count and line three has the download link....120
+35Any Others Dealing With Competitiveness Among Associates / Cut Throat Office Culture?Hi All - Posting from a throwaway account for anonymity, but wanted to get everyone's thoughts on a relatively new phenomenon I've started experiencing since beginning my role on the buy-side. <h4>My background: </h4> A bit of background on me - traditional path to...138
+35Is The American Dream Not Possible Without A College Degree?Monkeys, I was going through this [article]( on Fortune which said that the American dream is not...183
+35US military to H/S/W to buyside- AMAJust re-joined the full-time working world after two years at H/S/W caliber <abbr title="Masters in Business Administration ">MBA</abbr> program. Attended b-school after ~9 years in the US military working in the special operations community. While in b-school, I did...74
+35The American Psycho Haircut The slickback is without a doubt the most iconic Wall Street haircut ever worn. Patrick Bateman was the first to unleash it on an unsuspecting world, and Jordan Belfort brought it to a new generation of aspiring bankers and financiers. This isn’t the generic businessman combover, or even a...47
+3525 Things I’ve Learned In My 20s1- You can’t date a jerk and expect to turn them into a good person. Jerks are fully committed to being unpleasant. Those brief moments of tenderness they give you are designed to trip you up and give you false hope. It’s best to stay away altogether. 2- The rumors are true: your...73
+35Overview of Leveraged FinanceWe have not done an overview in quite some time and needed a post specific to Wall Street. This will elaborate a bit on our hedge fund posts and provide an overview for those that are interested in Investment Banking (You will work closely with Leverage Finance at some point in your career). As...63
+35I have been told that I can't make it into the finance industry (HF, VC, PE, etc.) because of my height? Hello everyone, I am a freshman attending Dartmouth - majoring in economics. I am focusing my future on finance, whether it be working at a hedge fund or private equity. But I've read and have been told a few times that I won't be able to make it in the industry because of my...95
+35Uncle Eddie's Ponderous Podcast PlaylistI listen to a lot of podcasts. I've almost always got one on in the background while I'm working (unless I really need to concentrate, in which case I use I'm amazed at how podcasts have taken the place of radio for so many people. With that in mind, I thought you guys...55
+35The Promised Land of Private Equity Turned out to be a "Monster Land"I spent 3 years in bulge bracket bank covering awesome tech companies. Banking was great for me can't complain much. The culture in my group was amazing, the people I worked with were fantastic. Lots of social events, group lunch breaks and coffee chats. But like everyone else I was...103
+34Trump Vs. Affirmative ActionThe New York Times has obtained a document that indicates that the Trump administration will be reallocating resources to the civil rights division of the Justice Department. Why does this matter? The document also states that these resources will help to **begin a process of investigating and...107
+34How diversified is your life?<em>Mod Note: Throwback Thursday: this post originally went up on 08/13/13</em> Reaching for that golden ring of career success, as most of the monkeys here are trying to do, can have significant costs. Some are obvious: preparing for interviews, networking, and getting top grades...112
+34I don't want kids - let's discussAs you all know, I'm a bit older, but not one of the oldest guys on <abbr title="Wall Street Oasis">WSO</abbr>, been with my wife for a while, and we're at the age where people are constantly asking us when we're gonna have kids, as if it's a guarantee....91
+34How did becoming wealthier affect your social life outside of dating?I know some guys in here lucked out in the sense that they grew up in nicer areas but for those of us who weren't raised in private schools or upper middle class type of places, are more "new money", and started getting wealthier after college as our 20s progressed I would like to...55
+34At what point did you get off "the path?"We all know "the path:" 2 years of <abbr title="investment banking">IB</abbr> + 2 years of <abbr title="private equity">PE</abbr> + 2 years of <abbr title="Masters in Business Administration">MBA</abbr> + ???? =...22
+34End of Trump?Some close present / former trump associates got indited this morning, including campaign chairman Paul Manafort. How high up...66
+34Major life, relationship, interview or business fail?I recently saw a topic asking users to <a href="">share some of their biggest chokes in life </a>, and thought I'd start a similar thread of my own. Any stories? I'll start with...23
+34*CANADIAN* 2018 Investment Banking Summer Analyst mini ThreadI wanted to start a central thread where all Canadian undergrad students could comment and share inquiries, information, and concerns regarding investment banking <span class='keyword_link'><a href="/guide/wso-internship-guide">summer...299
+34Strangest thing you've seen while in the restroomI suppose the title is bespoken for :). Last week I had just finished and was going to wash my hands. At that moment the stall adjacent to the faucets opened and a woman was coming towards the sink. We each made contact with a puzzle expression. Internally, I freaked thinking I accidentally went...69
+34How to be a good employeeI’ve been writing for this site on and off since 2012, and while I don’t work in the banking business per se, I work in a related field, and I’ve been lucky enough to have employed five great analysts over the years. So at age 43, and having been an employer many times over, I have a few...24
+34state of the union speechI think Trump hit it out of the park tonight. He spoke very well and I don't recall him stuttering or jumping words. What did you make of it?171
+34Can a Non Target land a IB SA? With hard work and persistence it definitely is <em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 2/20/14 and ranks #21 for the year by total silver banana count. You can see all our top ranked content <a...46
+34AMA: MBB, BB S&T+IB, Top MBA, US/GlobalBeen on <abbr title="Wall Street Oasis">WSO</abbr> for ages (10+ years) and asked Andy to let me do this AMA with a fresh username so I can focus on giving the most helpful answers without any baggage. I've benefited a lot from <abbr title="Wall Street...81
+34The Safest SpaceDear Women In Tech, Do you ever get so stressed out at work that you indulge the idea of taking a moderately well-paying job with reasonable hours in a stable industry with men who aren’t going to constantly sexually harass you? Do you dream of a place you can finally settle down and...16
+34AMA - F500 Director of FP&AI've been asked to do an AMA a few times over the past few months and it's dead in the office so I figured I'd open myself up for questions. Brief background: - <abbr title="balance sheet">BS</abbr> in Accounting from no name college with 3.0 - MS in...75
+34Top Groups on Wall StreetInterested to hear what people think are the top groups in <abbr title="investment banking">IB</abbr> both for <abbr title="bulge brackets">BBs</abbr> and <abbr title="elite boutiques">EBs</abbr>. Some that jump to mind are...260
+34Caught interviewing and asked to leaveHey everyone, My interviewer met up with my boss at a networking event and long story short the interviewer revealed I was interviewing at his firm. My firm is likely to ask me to leave as they are very unhappy about it. Just wondering, how do you guys go about your job search to protect...89
+34Private Wealth Management/Private Banking Guide for AssociatesOnce and for all - Here is the best guidebook I can give you for <abbr title="private wealth management">PWM</abbr>/<abbr title="private banking">PB</abbr> at the Associate level. Enjoy and show me some love... 1.1 What is Private Wealth...18
+34Thoughts on Semi-RetirementI'm starting this thread to discuss what <abbr title="Wall Street Oasis">WSO</abbr> users' plans are for later in life. So much of <abbr title="Wall Street Oasis">WSO</abbr> is, understandably, about getting started in careers, but I'm...40
+34The Hedge Fund Experience - Good, Bad, Ugly<em>Mod Note (Andy): Throwback Thursday - this was originally posted Feb 2009</em> Since there aren't any decent/active discussions on the HF forum, I figure I start a thread highlighting the good, bad, and ugly aspects of working at a hedge fund. This is based on my personal...346
+34Take offer in diff city to get over a girl?It was the summer of 2014 when I first met her. We were both interning in the city; she was a year older and I met her when my friend, who was her roommate of 2 years, introduced us at a bar. Initially, I wanted to get to know her better so she could help me get a job – I wanted to line up an...35
+34Exit-Ops: Equity Research vs. Investment Banking - (A Definitive Guide, Part 2)See part 1 here: <a href="">Work/Life Balance: <abbr title="equity research">ER</abbr> vs. <abbr title="investment...22
+33What's your favorite piece of art?I was never an art guy growing up. I used to think that people would call anything a masterpiece, even if it seemed to be something made in a pre-k crafts class (think dots on the wall). After taking a gen-ed class back in community college, I started to understand why people respected and...123
+33Do BB bankers really make that much money when you adjust for the cost of living?Most of the big banks are in New York and Glassdoor has their salary between $100-$150k first year. $150k is like $60-$70K In Texas dollars.78
+33What kind of shakes do you like to make? I usually make one big shake per day to sustain my energy and nutrition. What do you like to make? 188
+33Week 1 of IBD Internship: Training Hello all. Inspired by another user's idea a few weeks ago, I've decided to keep notes of my internship in progress this summer and begin to release write-ups of each week as the summer goes on in an effort to give back to the community (and because I enjoy writing). If there is...28
+33AM vs HF: The Business of Our BusinessHedge funds get all the glory... and now they're even going to get all the press, courtesy of the JOBS Act, and I'm more than excited to see who thinks they actually need to advertise to bring in the flows. However, while a hedge fund is structured to make one man insanely rich and a...70
+33My path from non-target to BB IB I am posting this because this site has been a tremendous help when I was first getting started. In no way do I view my story as special, I actually believe that people from my background are extremely common in my experience, but people on this board seem to think going to a non-target is a...21
+33The Unconventional path to IB/PE (AMA)While taking the time to clean and organize my desk after a hectic 4-6 weeks engaged in a deal, I came across my old <a href="//"><abbr title="Wall Street Oasis">WSO</abbr> <abbr...20
+333 Key Tips for Getting an ER InterviewBack when I was applying for <abbr title="equity research">ER</abbr> associate positions, I was really struggling. Only a handful of positions per year opened in my industry, so I got very good at making the most of each application. I got to the point where if there was an...68
+33The 24 Interview Lessons I Learned on the Way to Getting My First Full Time JobHello all, I was suddenly grabbed by an idea to write down the lessons I learned from the ten interviews across seven different positions and 6 different companies I attended in the past 2.5 months on the road to my first job out of university. I started brainstorming in rough chronological...89
+33How Much of Your Success is Luck and How Much is Skill?Title says it all. There are plenty of discussions on here about the value of luck vs skill, so for you personally, what percentage of your success (or lack thereof) is due to luck and what percentage is due to skill?69
+33What is a Goldman Sachs Superday like?Anyone will to share their experience of a Goldman Sachs Superday specifically for <abbr title="investment banking division">IBD</abbr>. How many interviews is it usually? Is it more behavioral or technical? Thanks in advance <em>Mod Note (Andy) - don't...34
+33Top 5 Stupidest Publicly Traded Companies I was screening for new l/s ideas yesterday and forgot to filter market cap. Some hilarity ensued, and having a minute this morning, I figured I would share this collection of monkey shit. Yes, these are/were real companies and you can look them up on Cap IQ if you want. **5. Reality Racing...55
+33It's getting ugly out there - Baly to cut 13 stock teamsArticle just hit last night...Baly cutting 13 stock teams (~40 investment professionals) plus a bunch of back office to be cut by end of year. Oct was really bad for hedge funds, Nov has been an official **bloodbath**. MLP, Citadel, Baly all getting hit hard. Garden leaves vary by firm, but...128
+33Are you guys happy with life? Help me please.I'm looking for serious answers please because your responses will help me decide my life trajectory. I'm an undergraduate at an Ivy... I'm honestly drawn to finance almost entirely because it seems like a lucrative career and I'm not interested in medicine or law (if law...48
+33Asian name on resume I am an international student and a rising junior at a semi-target/low target school. When crafting my resume, is it advisable for me to create an English name (the likes of John/Dan) to fend off xenophobia? Or should I just go by my real name, which all of my friends and previous employers...125
+33Woodford + Creatine = GreatnessStory time. So last night I'm spinning my wheels in the wee hours, taking key bumps, waiting for pre-market. You know, usual weekday routine. I start clicking around WSJ and I see Shillary is leading in 4 key battleground states and that, combined with the coke, gets me mad. I almost reach...25
+33How do you all deal with anxiety or stress? Going through a bad moment for university, internship and so on, so Im pretty stressed out with constant anxiety. How do you guys deal with this? 98
+33How to deal with that associate?? Hello everyone, I am currently intern in a small boutique and I have some issue with an associate. I would like to have your opinion about his behavior and if you can tell me if it's pretty normal in the industry or not. If it's not normal, how can I deal with that guy? The team...45
+33To what extent do you tell family / friends about your salary?Come from a town where not a lot of people really know what investment banking is (probably like most towns). I'll be a first year analyst making around 150-200k next year. I told my family, with the exception of my brother, that I'll make somewhere around 70k or so (tell them...60
+33Success Story - Thanks WSO!!!Thanks, WSO! I finally had sex for the first time last night. It took a lot of effort and persistence but I finally did it. I couldn’t have done it without the great advice I received on <abbr title="Wall Street Oasis ">WSO</abbr>. Looking back on my experiences, my...42
+33What Do You Tell People You Do?So.... I'm kind of getting sick of explaining to friends and family that I'm not a realtor. Plus even when I do try to explain the concept of being a real estate investment analyst at a family office, it just kind of flies over everyone's head and they still assume that I'm a...124
+32AMA: Emerging markets investment analystIn the spirit of the holidays, I thought I would host a AMA for anybody interested in the life of a buy side analyst that works on an emerging markets fund. I also occasionally contribute ideas to our international developed market funds, but I do not work on any U.S. companies. Brief...67
+32Official Petition to Bring Back Brady4MVPWe, the monkeys of the Wall Street Oasis online community, hereby petition the resurrection of the user famously known as <b>Brady4MVP</b>. Currently said individual is operating under a moniker highlighting the distinction between mba's and muffins, and he is struggling. Having...49
+32You're not polished enough I made all the <span class='keyword_link'><a href="/tag/superday">way to superday</a></span> at a <span class='keyword_link'><a href="/finance-dictionary/what-is-the-bulge-bracket-BB"><abbr title="bulge...77
+32AMA: Crypto Hedge Fund TraderHello, I currently work as a trader at a crypto focused hedge fund. Our primary function is that of a market neutral liquidity provider and we work with our clients to transact in concentrated positions of illiquid, thinly traded coins. Prior to this role, I was a trader at Goldman in...107
+32Deutsche Bank OfferHave a <abbr title="Deutsche Bank">DB</abbr> offer for <abbr title="summer analyst intern">SA</abbr> 2019. Haven't applied to any other firms yet, wondering whether to take it or not. Go to a target school, GPA above 3.5. 121
+3230 Weeks Later (Associate Edition)### 30 weeks later: Associate Edition Idea shamelessly stolen from @Sizzling_Biscuit" (<a href="">30 weeks Later (Re-imagined)</a>) **Week 1: Training** You arrive through the glass doors in...26
+32What are the Strongest Non-Target Schools for Undergrad Recruitment?I've noticed that there is not a thread exactly like this for prospective monkeys to take a look at. I'm currently an undergrad second year applying to some targets/semi's as a transfer, and this would have been helpful if I didn't know exactly where I wanted to be. What...139
+32Nominations: WSO Member of the yearVoting starts this week! I have some names in my head but feel free to post your nominations in this thread. Thanks! Also, let me know your nominations for <a href="">thread of the year</a>63
+32Why the heck do you have over 1,000 banana points?I hit 1,000 bananas about nine months back, went inactive, and now am back for the time being. When I reached that milestone, I couldn't help but ask myself: How the hell did I spend this much time on WSO? So, to the ~400 or so users with 1,000 or more banana points: Who are you? Why are...76
+32A girl on tumblr wrote a guide on targetting different types of bankers for money....I follow the investment banking and economics tag on tumblr for study notes and stumbled upon this post. I thought it I'd post it on here for reference for people of all levels. I can't post links but if you search said tags those on tumblr the post is still up and it led me to a whole...121
+32Intern asks for 2 weeks of vacation time?Hi all, This past month a fellow summer analyst asked me if I thought management would mind if he took a 2 week vacation to visit his girl friend in Italy. Let me remind you that this is a 10-12 week internship... This guy has always been sort of an odd ball, but this was plain shocking....42
+32AMA: I got into two T10 MBA programs with a <3.0 GPASo - I just got all my R1 decisions back and found out I got into MIT Sloan and Berkeley Haas! I was a low GPA candidate - ended up with 2.96 from a T30 "semi target" school. Major in Econ, Minor in Math. A caveat about my grades - my lower grades were in upper level math courses...40
+32Models & Bottles is well alive in New Jersey!!Entire thread went overboard. Delete. Delete. Delete. Delete. Delete. Delete. Delete. Delete. Delete.49
+32The Art of Cheating on your gf/wifeSaw the post about "Cheating Sleep". Figure I'd start a sequel. :) In all seriousness, monogamy is only beneficial for two groups of people: 1) women - they have a biological incentive, since babymaking takes 9 physical months and years of nurture / time investment. a guy...131
+32Fake News AwardsSo Trump recently released the first ever Fake News Awards. See below: 1) The New York Times’ Paul Krugman claiming markets would ‘never’ recover from a Trump presidency 2) ...157
+32Goldman's Blankfein & Trump Among the many prominent companies and CEO's Goldman Sachs has joined the ranks denouncing Donald Trump's recent immigration ban. [quote]Goldman Sachs Group Inc.'s more than 34,000 employees arrived to work Monday to find a voice mail waiting. "This is Lloyd," it...87
+31One person you'd like to grab a coffee with?Dead or alive. Fun interesting people, influential role models, mortal enemies, the bourgeoisie, whatever you think will make for an interesting conversation. I've got two picks: Danny Porush, I think he'd be fascinating to talk to about his time with Stratton Oakmont and Jordan...105
+31WH's Interview Stock Pitch Checklist<em>This was originally posted on 10/26/12</em> For many positions, the stock pitch is the biggest part of the interview. It gives the interviewee the opportunity to explain his or her thought process and the way they evaluate an investment opportunity. It can separate the...180
+312018 Full-Time IB Recruiting *DECISIONS* Timeline Megathread PageIs anyone else tired of seeing the decisions for their applications like 5 months later. I thought It might be a good idea for people to consolidate decision information in a separate thread from the recruiting one. Here it would be cool if you posted anything you may have heard back for...160
+31Associates who started as analysts: Why did you stay in IB?To the associates who started as analysts at their investment bank, why did you stay? Why not leave for buyside, corp dev, etc. after your two years? I'm genuinely puzzled by this, which is why I'm asking. I did an internship in banking, and worked in banking as a full time analyst...55
+31What Profession Lives Up to its Hype?So we all know that expectations usually don't meet reality: 1. Banking -> <abbr title="private equity">PE</abbr> isn't the multi-million dollar promised land 2. Academia to professorship is a nightmare process with slim chances of tenure 3. Becoming a...81
+31How do you think the student debt saga will end?Looking at how outrageous the entire system has become and wondering how you guys think this will turn into. Any takers?276
+31Approaching 30 and lostI am turning 30 this month and looking back now I realize how little of my goals I have achieved (professionally and personally) I make around $150k a year, hardly enough to make a decent living in Manhattan. Not in <abbr title="investment banking division">IBD</abbr>...46
+31Wall Street drink: your fav one?Monkeys, Just for fun, I would like to know how and what do you drink. Personally I love Apple Martini or red/white wine during the dinner Hennessey - Remy Martin after dinner Night out with table Dom Perignon, Belvedere or Patron, obviously Enjoy 160
+31Performance of Top Tier vs. Bottom Tier Analysts (Q&A in Comments)<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 5/13/14 and ranks #30 for the year by total silver banana count. You can see all our top ranked content <a...32
+31Champagne DreamsYou hear the occasional story before you take the leap; and longing to maintain the image of <em>The Next Chapter</em> you have so delicately envisioned for yourself, the one that rests deep in the confines of your subconscious and gives rise to those fanciful journeys your brain so...23
+31JP Morgan Winning Women 2016 threadThis thread is for people applying to the bank's <abbr title="asset management">AM</abbr> Winning Women events this October in <abbr title="New York City">NYC</abbr> and Chicago. But feel free to follow and/or post if you're in another...306
+31I cant save moneyThird year analyst here at an <abbr title="elite boutique">EB</abbr> in <abbr title="New York City">NYC</abbr>. Title says it all: I cannot save any money in NYC! Not blaming this on the cost of living here, although very high, my spending habits...126
+31Summer 2020 Recruiting Has Started.. (See Attached)I applied to a certain bank for SA19 in June. It's now only two months later, and I've just applied to their <abbr title="summer analyst intern">SA</abbr> 2020. Am I reading this wrong or am I misunderstanding the app? This is pretty retarded - I applied just...48
+31AMA: Former hedge fund junior trader/analystI recently got laid off by my employer, a larger credit focused hedge fund. I though I'd create an AMA to clear up questions anyone may have regarding the <span class='keyword_link'><a href="/guide/hedge-fund-interview-questions">hedge fund...111
+31Need to Brush up on your Accounting Skills?Some of you may have heard that Harvard Business School does not teach introductory accounting classes anymore. One of the reasons is that they use an online accounting software from a BYU professor, who is now providing his course for free. Has some pretty good exposure and some top...51
+31Still no MD after 30+ YearsMy wife has worked for a big <abbr title="investment banking">IB</abbr> in <abbr title="New York">NY</abbr> for over 30 years. She's 60 years old. Of course, her goal is MD. She's now an ED. Every year, she gets passed over for MD. ...36
+311 year into MBA: Things I wish I knewHi all, Longtime reader and writing as a small way of “giving back.” I’m in my second year at H/S/W and thought I’d share some thoughts and insights. My background is traditional – think <abbr title="investment banking">IB</abbr> / Consulting / <abbr...33
+31Why YOU Aren't Converting Your Interview - DCF Example (No Math)<em>Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #23 and was originally posted 8/28/2015.</em> <EM>Inspired by the <a...72
+31Damage Control: How to prevent small mistakes from destroying your "rockstar" statusWe'd all like to imagine that work will go smoothly 100% of the time. No mistakes, no blow ups with our bosses, no frustrations with the people below us. Just sunshine and rainbows every day. Huzzah! Unfortunately, for most of us mere mortals at least, that isn't how it always works...38
+31Where is the best place to live?And why is it Texas?! But really, I’d be interested to hear where some of you live and the pros and cons that come along with each area.106
+31Babydick Capital Investor Presentation<span class='keyword_link'><a href="/finance-dictionary/what-is-a-hedge-fund-HF" rel="nofollow"><abbr title="hedge fund ">HF</abbr></a></span> Satire60
+31$10,000+ Bitcoin: How might it get there?In a recent [article](, UBS mentioned [quote] The relatively high volume of cryptocurrency turnover, against limited real-world use, suggests that many buyers are seeking speculative gain,...125
+31Summer Citi Sophomore Leadership ProgramHey guys, I'm starting a thread for this program since first rounds are supposed to start coming out this week. Has anyone received anything yet? <em>Mod Note (Andy): Best of 2016, this post ranks #41 for the past year </em> <h3>Citigroup Summer Sophomore Internship...284
+31Trump Davos Interview Transcript Think everyone should read the interview transcript. I'm not sure how anyone can be against Trump at this point. He clearly has the country's best interests at heart. He's not nearly as draconian on...72
+31Anyone else go to a decent college and/or start making $ and now find your family embarrassing?The more I mature and expand my scope the more embarrassed I am of my immediate and extended family. I just can no longer ignore or normalize the cyclical nature of their perpetual ignorant decisions, their low culture attitudes & values, adults who don't read anything, exclusively eat...89
+31 Ever Met a Genius or Prodigy? Where Are They Now?I guess there are two sides to these kinds of stories: the geniuses that used their intelligence to achieve big things in their careers/lives and the ones that didn't. The terms "genius" and "prodigy" are used pretty loosely these days so I guess the answers to this...66
+31What Banking Phrases Can You Not Stand?Two weeks ago, a thread was created on favorite banking phrases. It blew up, and numerous monkeys shared some hilarious jargon used in this industry. If you haven't seen it yet, I definitely recommend checking it out...40
+31Most ridiculous or inappropriate fashion attire you've seen at work among SAWhat was he or she wearing? Did anyone mention it to them? What happened? Any funny stories? Just curious 52
+31Should I Be Getting a Divorce Or What?<a href = "">My first post</a> garnered quite a few negative comments, as would be expected when I'm dealing with those in a situation similar to my husband's, defeated in life and ready to...52
+31What is capitalism, when did it start, or is it natural?Saw a college chick that was a big proponent of "smashing capitalism" and installing a marxist/communist system. It got me thinking why do people hate capitalism? First thing that's interesting is that people don't know what capitalism is. Discuss what it is, as it seems to...510
+31Didn't Realize This is a Job Requirement NowSo was browsing LinkedIn just for the fun of it and came across this golden job posting today. It's weird to see this explicitly stated as a skill now <img src="/files/styles/w800/public/inline/images/inkedcapture1_li_0.jpg?itok=iEMwuOya" alt="" />14
+31The Comprehensive List of Transfer Friendly Schools For Investment BankingHello Monkeys, I am currently in the process of transferring and was frustrated by the lack of a centralized source of information about transfer friendly schools for IB, so I made one for the website. Anyone who has some value to add related to placement from any of these schools, please...206
+31How do you spend your money associates ?The typical investment banking analyst's salary spending is known to be fairly tight if you live in <abbr title="New York City">NYC</abbr> or SF and practically save nothing, but how do the pre-MBA/post <abbr title="Masters in Business...76
+31What Kind of Background Do You Come From?###What Kind of Background Do You Come From? What did your parents do? What led you to an investment banking career?65
+31Trash Talked for Working in FinanceWhat Up Everyone, So I just had the most bizarre experience last night. I am currently a first year analyst at a bank up in Boston, and I was visiting a friend who is also working in the city. There were some other people at his house, a fairly SJW crowd, but they were led by this absolute...59
+31As my username suggests, not sure what to do...First year <abbr title="private equity ">PE</abbr> associate...rolled into <abbr title="private equity ">PE</abbr> without much of a break once I got done with my third year in banking. As my username suggests, I am fully burned out, and was fully...37
+30Overnight 23-year old BTC Millionaire? Life Choices I am 23 and work in commercial real estate finance at a big bank in <abbr title="New York City">NYC</abbr> (9-6ish job), and have been an avid poker player (gave me some $$). I put all of my poker money ($120kish) into bitcoin at around $2.5k/3k per coin and sold at around...67
+30Why I Left A Seemingly Perfect Megafund PE Gig For A Guaranteed Salary of $0.00<em>Note from Patrick: I'm excited to introduce Ben as a new contributing writer at WSO! A Wharton graduate, Ben has worked full-time in both investment banking and private equity.</em> <h3>Today I woke up at 10:30am. Right on time. </h3> I stayed up later...148
+30The Art of Cheating SleepWhen I did my military service, we performed an exercise whereby we stayed up for 36 hours without food and then marched our way to the shooting range. The resulting spread of bullets on the target where equivalent to that of someone being significantly intoxicated. I think many of us can...108
+30In Defense of Eating AssI’m gonna start at 30 thousand feet here and zero in on my thesis because that’s what my english teachers taught me and I don’t wanna disappoint them if they’re reading this ‘in defense of eating ass’ blog. So science says that men are attracted to women chicks with big tits, fat...25
+30My View on the Current Top 10 Strategy Consulting FirmsThis is my take, and I've included some basic commentary about why I've listed certain firms in certain places. I'm definitely interested in hearing what people think, but before I give the list I offer two disclaimers: 1. This is what I think the landscape CURRENTLY looks...55
+30Why blaming violence on guns is a subtle deflection away from the human condition.Humans, it seems, are extremely uncomfortable to admit that a member of their own can commit such vile and egregious acts against another of the same species. We try to attach blame to something, anything, as long as it's doesn't question the very sanctity of our species, and more...173
+30Everything I wish I knew in BankingIt's a slow Friday, so figured I'd take a walk down memory lane... feel free to add things I miss. <h3>1. Your reputation.</h3> You are building your reputation on day 1, and the first 3 - 6 months will define your reputation for the next 2 years. <h3>2....80
+30Intern F*%#ups AlreadyBuddy emailed me about a summer wearing a loud-ass tie on his first day -- in addition to a high-and-tight. lol. Add any fuckups you've witnessed below.42
+30I just got my VP to bring me a cup of coffee.Pretty sure I just won banking. That is all. Update: He ask me to get him coffee, and I refused. Total domination.21
+30Bulge Bracket and Elite Boutique Tiers Hey everyone, feel like we haven't had a good ol' argument/friendly discussion in a while. What would you say is the current tier list of investment banks in 2016 based on overall brand strength? If you have real balls, rank them with no ties (1a, 1b). <h3>Ranking the Bulge...361
+30How To Get An Offer At Goldman SachsI actually posted this video in another thread but he deleted the YouTube video when it got like 15000 views. Thankfully someone from <abbr title="Wall Street Oasis ">WSO</abbr> saved the video and commented on a thread that I was on a few months ago. I spent 10 minutes...62
+30What do you think of non-monogomous relationships?Where do you fall on polygamy or polyamorous relationships, and the various forms these can take? It's becoming quite a real choice to most people that some can make, whether they describe themselves as non-monogomous or not, and it's not surprising with the openness and comfort that...77
+30What's the smartest thing a recent graduate can do with the money they earn from their first job/bonus? Just curious what the brilliant minds of <abbr title="Wall Street Oasis">WSO</abbr> have to say about this. Obviously it's a good idea to pay down debt and not spend your money on a sports car, but also given the current interest rate environment - maybe it makes sense...64
+30What would you do with a year of free time and unlimited money? Need suggestions.Being in my late 20s now, it dawn(s)(ed) on me that staring at a bunch of stock tickers/excel spreadsheets won't be something I think nostalgically about on my deathbed. I've found someone to essentially babysit a (small) portfolio for me for the next year or two. Any thoughts? ...49
+30Why do we keep old people around?Back before the internet and modern digital age, it was understandable. Old people could pass down tips of wisdom and general life lessons they amassed over their long lives. Everything from basic knowledge (such as apple seeds being poisonous) to insight into the local community (such as the...106
+30From Heartbroken Undergrad to Elite Wall Street Warrior – My StoryFrequent lurker, first time poster. This is my story, with a bit of personal flair. I’ll cover why not getting an internship was the best thing that ever happened to me. Why a high GPA and and an Ivy League degree are not as important as you think. Why Renaissance, Two Sigma, are not...74
+30How to Ace the Goldman Sachs InterviewMake sure to take notes... [redacted by mod] 66
+30Why the focus on exit opps?So, I know you'll read this and say ' He's naive". Actually I'm not and have man y years of battle scars on the retail side. Been through the boiler room cold calling w business when it was legal and encouraged. Was told the best lead in the world was if someone answered...156
+30If You Want to Learn How to Get a Job on the Street, Read my StoryWhatsup Monkeys, I thought it would be important for all college students to read my story and understand that ITS NOT IMPOSSIBLE to get a job on the street coming from a Non-target school. I'm sorry if this post is long, I just have first-hand experience going through recruiting and I...39
+30Losing the thing you cared about most All, I recently just accepted a <span class='keyword_link'><a href="/finance-dictionary/what-is-private-wealth-management-PWM">offer in <abbr title="private wealth management">PWM</abbr></a></span> and getting back into the...33
+30How finance saved and gave me a life<em>Mod note (Andy): ThrowbackThursday, this was originally posted on 5/18/12</em> A week or two ago there was an article written about how your weight might inversely effect you during the hiring process. During the conversation I dropped some personal information about me losing...56
+30Anyone Play Videogames?Hey everyone, I've seen the discussions about cars, bikes and watches so wanted to bring this up considering I think these are pretty popular. Unfortunately, I think the gaming industry has really been quite lackluster in the last decade or so, pretty much like the film industry. Most...187
+30What separates the good from the great in Private Equity?You've probably heard this one before. "The only thing harder than breaking into private equity is staying in private equity". I would love to hear from people in the industry - what separates those who rise through the ranks from those who do their 2-3 years as an associate and...19
+30A little advice from a F50 executiveSo I was in business class on an transatlantic flight the other day and ended up sitting next to a F50 executive. He was surprisingly friendly and started up a conversation with me (we were both boozing pretty hard, as one tends to do in business class). It was a fascinating conversation - this...15
+30What If No One Wins the Election?<p>Whomever you prefer in the 2016 presidential race, no one can say it hasn’t been interesting (in the same way watching jackals pick apart the carcass of an antelope is interesting). One of the things that makes it so is the fact that we are a month out and it could still go either...82
+30Cracking jokes during an interviewHaving some trouble recruiting. Want to improve my strategy. I'm a jokester but in interviews I shut that down because I'm scared I'll get dinged for being unprofessional. But I'm getting dinged anyway.. probably for being too nervous/not personable enough if I had to...62
+30What's the most tired you've ever been?I have literally daydreamed about being asleep. Like not the feeling of the bed, not the relaxation, nothing like that, just purely me being unconscious so my MD can't ask me to put off sleep anymore. 66
+30Interview with Simple As...Hedge Fund Analyst<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 2/26/14 and ranks #22 for the year by total silver banana count. You can see all our top ranked content <a...44
+30Day in the Life: Hedge Fund Associate - Investment Banking Background<em>Mod Note (Andy): Best posts of 2014, this originally went up April 2014</em> ***To wrap up our conversations on life at a hedge fund (as an associate) we reiterate that this what you should expect if you have an <abbr title="investment...71
+303 Myths About Excellence That I Used to Believe<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #18 and was originally posted 7/8/2015.</em> This week, I want to share with you one of the sources that inspired my quest to deconstruct excellence. It was a fascinating (but very long)...46
+30A Non-Target's Perspective - My MM PE Recruiting Process It's been several weeks now since I received my offer from a top <abbr title="middle market">MM</abbr> <abbr title="private equity">PE</abbr> firm. As several other users can attest to, the <abbr title="private...40
+30Hardest You've Hustled for a Position?I've worked very hard a handful of times to go above and beyond what any other applicant did in order to secure positions I really wanted. After having just put together a pitchbook (and all relevant supporting models for a <abbr title="summer analyst intern">SA</abbr>...71
+30What side project or side hustle are you working on?Title says it all. The best idea I read here recently was making Instagram bots to sell accounts to wannabe celebs. My entrepreneurial pursuits are much more long-term: an automated trading system and an AI-driven drone security system, among others. So I'm curious: what other...177
+30Why are rational people so scarce on campuses?I would say that Ben Shapiro represents the most articulate and full body of ideas on the right side of the center as a conservative. I'll layout some of the social ideas of a more moderate right sider, to give context into what I mean by the right of center and to distinguish from the...98
+30Worst Interview experience?Bombed an interview. Want to read stories to make myself laugh/fee better234
+30Career Ladder: Equity Research vs. Investment Banking - (A Definitive Guide, Part 3)Hey everyone...sorry to take so long for part 3 of equity research vs. investment banking. For those who missed the first two parts, see the links below: [Work/Life Balance: Equity Research Vs. Investment Banking - (A Definitive Guide, Part...29
+30What ‘Rules’ have you set for yourself to save money?I’m in a new city and pay a little more for rent than I would have liked, so I tried to lay some ground rules for myself to help keep spending down. I want to save aggressively, and pay my student loans off somewhat aggressively, so hopefully this helps: - No eating out during the week,...68
+29How important is the choice of a Spouse to your career advancement?I am late 20s/early 30s and I have been starting to ponder this question. I read somewhere that men with spouses make more than men without...I also know that a divorce can tear your wealth into shreds. I know a guy who had 1-1.5MM in the bank in a Low COL area, got divorced, had to pay...110
+29Is asset management underrated?I've noticed <abbr title="asset management">AM</abbr> is kinda shoved aside as a post-MBA job on this forum when in reality it's an extremely steady cash flow for the firm. I really don't see why someone would pick banking over <abbr title="asset...70
+29A One Stop Shop For All Things Diversity Recruiting - The Most Exhaustive List On WSODiversity recruiting has been the subject of several posts over the last few weeks. Although there are existing <abbr title="Wall Street Oasis ">WSO</abbr> posts that try to aggregate opportunity for diverse candidates, this one aims to be an exhaustive list that includes...39
+29End of the Summer - Peace at lastIts almost September, school will be starting soon and many off you will be left with empty spaces where the plucky interns sat. Maybe it is just me but this years litter seemed particularly precious. They all just seemed so focused on being a "perfect" person, working (apparently,...28
+29A Warning on the Wells Fargo Securities Investment Banking Summer Analyst ProgramAs a former "investment banking" summer analyst at Wells Fargo Securities a couple years ago, I wanted to give all of y'all a heads up before you sign an offer. <h3>wells fargo investment banking overview</h3> The way that Wells did group placement was pretty ass...48
+29Women in the Workplace Pt 2: Rigged Markets, Inside Information, and the “Softer” SexMy <a href="//">original post</a> on women in the workplace caused something of a commotion. I hadn't planned on a follow up, but @GLCIB27" forgot to check her privilege, so here we are...95
+29How to succeed post 20'sIn my early 20s, I really believed that in order to succeed all you need is work really hard. You gotta be gritty to succeed. You gotta put in long hours to be successful. You gotta be very good at technical things and establish yourself as a thought leader in particular domain. I don't...36
+29My Dating Philosophy<em>Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #24 and was originally posted 3/21/2015.</em> I figured I'd make this post mostly because it's a topic I enjoy water cooler or barroom talk about, and...112
+29The Great Strategic Game of Life (1/2)Discussions that center upon issues such as “which b-school is better”, “M&A, <span class='keyword_link'><a href="//">ECM</a></span> or <span...22
+2916 Years On, Never ForgetIt is always this time every year that I find my mind wandering inexorably back to that place I was the morning of September 11, 2001, and how lower manhattan felt in the weeks and months that followed. Unable to sleep last night, I stayed up late and wrote out something much, much longer...19
+29Sales - debunking 8 MYTHS (From a veteran)I read a lot of misleading information regarding sales jobs in banks on this forum recently (I am lumping sales/sales traders and all products here). I won't mention any particular users, but it got me angry. Given I have not contributed to <abbr title="Wall Street...40
+29Took an Associate job at a tiny firm, how screwed am I?I just graduated from a top <abbr title="Masters in Business Administration">MBA</abbr> program in May. I interned at a <span class='keyword_link'><a href="/finance-dictionary/what-is-the-bulge-bracket-BB">bulge bracket</a></span>...42
+29Avoid a Classic Mistake: Don’t Be a ‘Try Hard’I’ve written before about how your relationships at work are <em><u>everything</u></em>. If your bosses like you, you get better assignments, more favorable reviews, honestly you even get paid more and promoted over co-workers that probably deserve it more than you...23
+29Hedge Fund Guru Answering Inbox Questions Here. Thanks Mr. Pink MoneySome of these messages are very old but I'm going to answer them anyway b/c I’m in a helpful mood. <strong>Question: How would I know what the career path for [this particular hedge fund]? </strong> Every fund has their own "career path" just depends what...97
+29AMA: Big Four Valuation Associate - Deciding Whether This Job Is Right For You<em>Mod Note (Andy) - This AMA was originally posted last year but @SeekingAlpha180" said he can still take questions from you (+new questions about his transition) </em> <strong>3/7/16 update: </strong><abbr title="Wall Street...61
+29Finally an offer! A story of persistenceBeen waiting literally 1-2 years now to make a post like this. Finally landed a <abbr title="full time ">FT</abbr> offer with a solid <abbr title="venture capital ">VC</abbr> firm as an analyst! Super pumped and excited to start as I have gone...76
+29Wow Litecoin.Why am I even invested in stocks? Cryptos have made people millionaires overnight but meanwhile, I'm over here excited on the 20% dividend increase on <span class='keyword_link'><a href="/company/the-boeing-company"...110
+29Dating future banker boy: get out now? or stick it out? Hi <abbr title="Wall Street Oasis">WSO</abbr>, So we're both seniors in college, have been dating for about 8 months and things have been getting more serious (ie love / long term). He's locked in for an investment banking job in <abbr title="New York...51
+29Is America really a meritocracy?I just finished reading the book Pedigree: How Elite Students Get Elite Jobs (Princeton University Press), which was written by Lauren Rivera, a professor at the Kellogg School of Management. She spent time in the recruiting process at several elite consulting/banking firms to research into how...92
+29You Get to Redo CollegeThe question is simple: if you could go and redo college, what changes/different decisions would you have made in your pursuit of a high finance career? It can literally be anything from which group of friends you surrounded yourself with to what type of internships you did/didn't do, or...113
+29Asking Out Chicks in the Office- Yay or NayBack story: I am in my young 20s. Been at the bank I am at now for 7-8 months. New consultant joined 2-3 weeks ago and is a dime. One year younger than me and sits on a different floor but some of my team work indirectly with her, and we know each other from hanging out after work a few times....76
+29Is Investment Banking Boring?Mind you I'm in ops of a totally different dept but it seems like <abbr title="investment banking division">IBD</abbr> is boring. Would much rather do <abbr title="equity research">ER</abbr>/<abbr title="asset...134
+29How I Fought My Way Back (Vol. Bruce Wayne in TDKR)<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 3/9/13.</em> Hi there, fellow monkeys. Hope all is well. I've been lurking here for a few years and didn't really get to posting until just recently. After some PMs regarding my...38
+29There is no way Kylie Jenner is worth $900M<a...69
+29Some Thoughts on Bitcoin, Part 1 <a href="">See part 2 here</a> <p>I haven’t written about Bitcoin on <abbr title="Wall Street Oasis">WSO</abbr> for a long time, and I’ve seen a lot of questions about...47
+292019 Sumer Analyst Recruiting StartsNot to keep reiterating other threads but...the timeline is officially confirmed to be way earlier than any previous year. At a target <abbr title="on campus recruiting">OCR</abbr> event a couple days ago for a <abbr title="bulge bracket">BB</abbr>, HR...101
+29Quit the Rat Race and Attempting a Comeback, Here's my AdviceHi fellow monkeys… I’m a brand new poster but have been reading through these boards for a couple of months to pass the time. The preponderance of posts on here regarding happiness and the work life balance have compelled me to add my own .02 cents on these issues, mostly because I think...49
+29Should I drop out?I have, potentially, a very good opportunity. I'm doing really good in college (non-target, first year) right now, have all As but I really don't like it, I've already taken tests in all my classes also. I've been exploring careers and looked into sales. I started networking...95
+29Cuisines of the WorldFolks, a definitive ranking of the planet's major cuisines is desperately needed. I have my own list but the problem is it keeps changing. Below are the major cuisines of the world in no particular order, by country. What should the order be? Which are the best cuisines? Why? By the way,...92
+29How Amazon Is Disrupting MBA RecruitingAmazon is aggressively recruiting MBAs, replacing banks and consulting firms as the #1 recruiter at many of the programs. Through sheer size, Amazon is sending recruiters en masse to campus, and other firms are deliberately avoiding scheduling events on the same dates as Amazon. I'm not...87
+29Favorite AthleteHello Monkeys, I have noticed many athletic related threads as of late and began to wonder which athletes <abbr title="Wall Street Oasis ">WSO</abbr> members would consider their favorite. It's hard to drill down to one, considering you can like athletes for many...131
+29How Do We Decouple Income From Work?<p>This is the first post in a series exploring technology, its impact on how we work, and the macroeconomic effects of the displacement it causes.</p> <p>I was at a tech conference earlier this year and ended up at a discussion about workforce automation. A guy from...95
+29Let’s talk REPE CompAlways found REPE compensation info to be spotty so looking to share. Market: <abbr title="New York City">NYC</abbr> Experience: 7 years Role: Acquisitions Firm Size: $7B AUM Salary: $150k Bonus: 70%-100% of Salary Carry: N/A Hours: 45 hours/week 222
+29Bonuses for Investment Banking 2017How are bonuses looking this year? Sounds like Deutsche got hammered and Morgan Stanley was down 15%. <em> Mod Note: You can find the <abbr title="Sales and Trading">S&T</abbr> and <abbr title="equity research">ER</abbr> bonus pages...101
+292 Lessons Learned at 22<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 5/23/14 and ranks #35 for the year by total silver banana count. You can see all our top ranked content <a...62
+29What Perks Do You Guys Get in your IBD Jobs?I'm finishing up my <span class='keyword_link'><a href="/guide/wso-internship-guide">summer analyst</a></span> stint in <span class='keyword_link'><a...81
+29Any questions on life in finance in Hong Kong? AMAAny questions on life in finance in Hong Kong? AMA i've been here since 2005, worked in <abbr title="investment banking division">IBD</abbr>, and then <abbr title="private equity">PE</abbr>. It's been a while, but happy to help if anyone...79
+29Investment Banking's PR ProblemI was watching Ozark this week, which if you don’t know, it is a show on Netflix about a financial advisor who launders money for the cartel. Later in one scene, he is transferring money from a new client to his account, and they show his screen: <img...98
+29Physical Trading (Part 1): What it is and What it isn’tI’ve been getting quite a few questions on what a typical day in the life is like at a physical trading shop. Other members of this website were very helpful in giving me an idea of what the field is like so now that I’ve “broken in,” I’d like to pay some of that forward. Part of...16
+28Amazon Buys Whole FoodsAmazon . AMZN -1.26% com Inc. said it would buy Whole Foods Market WFM -6.74% for $13.7 billion as the giant internet retailer makes a deeper push into the grocery space. Amazon is buying Whole Foods WFM -6.74% for $42 per share, valuing the grocer at a 27% premium to its closing price Thursday....82
+28An Overview of Technology Media and Telecom (TMT) - Part 2 of 2<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 7/14/14 and ranks #34 for the year by total silver banana count. You can see all our top ranked content <a...32
+28College/Education Bashing Marketing - Should We All believe the Pitch and become Dropouts?Most of you are college educated here or perhaps all of you from results on the recent forum polls. Before that, let me start by saying I hate school. Yes, I hate school. I thought it was a waste of time and I slept through most classes or skipped them. In grad school, I spent more time kayaking...56
+28J.P Morgan Asset/Wealth Management Video InterviewI have a interview with J.P Morgan where I have to answer 4 questions on video, but there is not an interview on the other side. Has anyone had any experience with this? <h3>What to expect from a JP Morgan Hirevue Video Interview</h3> All applicants are asked to conduct video...170
+28The Truth About MoneyI'm seeing a few subtle similarities in the economy today to three years ago, and though it would be precipitous to say a second dip is probably on the way, I don't think it hurts to share some of the wisdom I've gained over the past three years in personal finance. When I...40
+28AMA: I grew up in Consulting and reinvented my brand 3 timesHappy to answer any questions about how to decide if consulting is right for you, day in the life type questions, how to build a long term, fulfilling career in consulting, and if you are in consulting how to gain experiences without pigeon holing yourself, as well as build a case for promotion....42
+28I'm currently an equity derivatives/vol trader: AMA!Hey guys, I still remember my humble beginnings when I was an undergrad and had no idea what the fuck I was doing. Luckily, I was able to get a lot of great insight from <abbr title="Wall Street Oasis">WSO</abbr> (reading in between the lines of troll posts), and well,...52
+28What weird version of history do you subscribe to?It's entirely possible that I'm just a weirdo, but there are some things I choose to believe or to not disbelieve due to how some facts line up. Examples of my own personal version of history: - I think LBJ was in on the JFK assassination - I think NK strategic command is seizing...116
+28Divorces: Beating the CourtsIn my earlier years I worked in audit, and was seconded onto forensic projects out of need for resource. I developed a knack for it, and have since worked on a lot of high profile cases (including some of the <span class='keyword_link'><a...79
+28Argentina raises Interest Rate to 60%[Article]( What does this mean in the grand scheme of things? 41
+2830-year-old Real Estate BillionaireRead this article last week and was impressed by this guy's story. Something that struck me: I just read through the thread about how tough it is to get...47
+28How I Passed the CFA Exams Back-to-Back-to-BackHow I Passed the <abbr title="Chartered Financial Analyst">CFA</abbr> Exams Back-to-Back-to-Back ###Level I: January 2, 2016 was the first Saturday of the year and the start of my Level I studies. At the time, I was working in real estate equity research and my hours...18
+28Metaperception in Investment Banking In all industries, particularly Investment Banking, people struggle with the idea of perception. Sticky images, self-fulfilling prophecy, you name it. Ultimately, it really comes down to one concept: Metaperception. People fail to realize the inherent traits of human nature and therefore form...20
+28What is your favorite movie and why?Mine has to be Boiler Room. Wolf of Wall Street takes all of its terminology and idea from the movie. Boiler Room is just a classic cast, plot and outcome. Margin Call is for nerds, American Psycho is about a psycho not about Wall Street, Wall Street (the real one) is probably the best just...372
+28The Banker's Guide to WatchesSlow bank holiday night, so I figured I would go into this. After having followed watch brand for some years and having had countless conversation with fellow consultants and banking friends about why you don't spend your first bonus on a fucking mixed steel-gold submariner, I figured a...113
+28What is keeping you from starting your own business?So I am guessing most of us here have thought at some point about the possibility of starting a business. Maybe some of you have, and others have ditched the idea (I am still in the middle of both groups, nothing serious though, just a side biz for pocket money). For those of you in the...116
+28Nomura ReputationWhy does Nomura get so much shit on WSO? I don't have any personal biases for or against the firm, but it seems to me that their only downfall is the deal flow (which is a problem at a lot of other lower tier banks). 50
+28AMA: From non-target to BB S&T internship to jobless after graduation to HF to unemployed...but happy.I am using a throw-away account for this post. I have been meaning to do a post to tell my story for a couple of years now, and finally am following through with it. It is my hope that fellow students and analysts will gain some insight and perspective from my...19
+28Prefer Elite Boutiques or Bulge Brackets?I'm a senior at a target, coming out of the internship well with a solid offer in hand. Friends and I were discussing about the attractiveness of different <abbr title="elite boutiques">EBs</abbr> and <abbr title="bulge brackets">BBs</abbr>,...75
+28Why Investment Banking? 43 Sample AnswersI have only heard standard cookie cutter answers before, and I am curious how best to answer this investment banking interview question. <h4>The Safe "Why Investment Banking?" Answers</h4> <img style="padding: 0 15px; float: right;"...416
+28Your Favorite BreakfastHi Gang, After having a delicious breakfast this morning consisting of 4 strips of bacon and 5 scrambled eggs with a coffee, I wanted to know what is everyone's favorite weekday breakfast. I wake up a little earlier to have the time to cook it but I start the day full and happy. I...208
+28Managing Up - Best Practices?I have absolutely loved the CU-only threads that have been started recently and wanted to start one of my own in case it comes time for this feature to no longer be available. So, my question is this: what are some of the strategies, stories, best practices, etc., that some of you guys have...26
+28What was your biggest lesson from the 2008 financial crisis?Monkeys, I was going through this [interview]( of Alexis Stenfors, a rogue trader at Merill Lynch who over-valued the books by $100 million. [quote] The bizarre thing, or what I found scary as...58
+28Millennials Quitting High-Paying Jobs -- Ever Seriously Consider Quitting Yours?Article in NYPost today about how millennials are quitting high-paying jobs simply because the work is boring and the hours are too long (though one guy in the article complains about his "50 hour weeks"... guess he wasn't in...73
+28Stop Using Your Mouse<em>Moderator note (Andy) This was originally posted on 7/9/12</em> As summer has been moving along, I begin to notice more and more the inefficiencies out <span class='keyword_link'><a...114
+28The Ten Best (and Worst) Places to Make a Living: 2017 EditionI just read <a href=""> this article about the best and worst states to make a living in 2017</a>.   [quotes] To create the ranking, MoneyRates factored...56
+28Ask a VP in Equity Research anythingI haven't seen one of these in a while, so I figured I would start one. I am a Vice <span class='keyword_link'><a href="/finance-dictionary/equity-research-overview">President in equity research</a></span>, with coverage of a selection of stocks...108
+28WSO's Best Real Estate BooksPeople ask about the best real estate books to read on this forum almost daily and we're happy to toss <a...46
+28Life outside of work in your 30s.I guess this is a part of my quarter life crisis right now and I've always been the one to plan for the long term. Now I know I am not the only 20 something on the board that feels this way so I guess I'll speak for some others on here. So many members of this forum are going...138
+282017 Investment Banking Report: 8 Key Trends to Know<center><img src="" alt="" /></center> <br> Wall Street Oasis (WSO) released a detailed <a href="">2017...21
+28Hillary Clinton's Estate TaxYou might have seen that Hillary Clinton has proposed a hike in the estate tax to 65% (it's currently at 40%). The estate tax is unlike other taxes because you are passing down something for your kids' benefit, not your own. On one hand, you should be able to do what you want with...135
+28Sources and Uses: How to Find and Use Information in IBD (EBITDA example)There is a lot of emphasis on technical skills in IBD: being able to do <abbr title="discounted cash flow">DCF</abbr>, good <abbr title="comparable analysis">comps</abbr>, analysis etc. But one skill that is often under used in practice is simply...20
+27I am a Hedge Fund recruiter AMAI work with equity L/s arms of the multi-managers and single managers. A little about me: I don't come from typical financial services major nor have I ever wanted to be an IP myself. All the same, I love my job and don't wouldn't trade it or my firm for the world. Happy to answer...99
+27How to find a Meal Delivery ServiceWhen’s the last time you packed a lunch and took it to work? If you’re on <abbr title="Wall Street Oasis">WSO</abbr> reading this and working in finance, I’m guessing the answer is <em>‘never’</em>. A 60–100+ hour week doesn’t leave much time...28
+27HF Analyst: The Things I Know For Sure<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 5/28/14 and ranks #24 for the year by total silver banana count. You can see all our top ranked content <a...45
+27AMA: Former Strategy& associateHey all, long-time lurker on <abbr title="Wall Street Oasis">WSO</abbr> who worked at Strategy& for 2 years and wanted to give back using a throwaway account. A bit about me: graduated from target undergraduate school, interned at Strategy&, and returned full-time...64
+27Shitty Networking 101Welcome to the school of shitty networking. There will be future courses, but here's an intro. I receive messages on nearly every social media platform (even Tinder) from people trying to get a job. Some are fine, and I just ignore them. Some are spineless, or insane, or so terribly...34
+27Brexit Wins - What You Need To KnowAfter months of campaigning, one side leaves distressed, the other ecstatic. The results show 52% voted to leave the EU versus 48% that voted for Britain to stay within the EU. That’s 11,855,663 votes for Remain and 12,698,977 votes for Leave. The goal is to unwind Britain’s 43-year...290
+27Amazon: King of Commerce###Amazon: King of Commerce <img src="/files/styles/w800/public/inline/images/milkshake_1.jpg?itok=KiNRyZMD" alt="" /> *Competition is a Sin - John D. Rockefeller* Lots of interest in Amazon and the “Race to a Trillion,” (edit: looks like the race is over...37
+27Is the American dream fading?Was reading this <a href=""> article</a> in the Journal which mentioned that barely half of 30-year-olds earn more than their parents did at a similar age. In numbers, only 51%...126
+27PrideWhat are you proud of? Your sexuality? Great, Fine, I am too. But why do you need a parade to flaunt it? Furthermore, why do gay men have to flaunt their shirtless bodies on the pride parade like they are in a Sex Shop or working for Chippendale’s. If you want people to accept you for...46
+27Does Anyone Honestly Work In Finance For Reasons Other Than Money or Prestige? I get that during interview season and beyond we all cook up our "story" about why we want to work in finance, but does anyone actually believe their own story? Like, if we lived in a communist society where everyone got paid the same salary regardless of what they did, would you still...89
+27Dress Like A Man: The Anti-DouchesuitI have had a lot of interns ask me where I get my clothes. This isn't surprising, since I look great all the time. I tell them, "I don't get all my clothes in one place, idiot." And then I tell them some version of the following: If you're a male in his early 20s who...53
+27Steve Bannon is nuts and wrong..So this speech by Bannon has made me realize that the guy really is nuts. He really believes that he's been anointed by God. He also has this strange theory of history that's fundamentally Hegelian. He says that we're in the "fourth epoch," where the first three, in...78
+27Week 4 of IBD Internship: InitiationThis week's report is a continuation of <strong><a href="//">"Week 3: The Pitch"</a></strong>, <strong><a...40
+27Overused Words in BankingAs the name suggests, I want to know what words you guys hate/hear the most. This can be anything from small catchphrases to pretentious words that add no meaning. The word I hate the most is robust. SO many firms use it when talking about recent deals.80
+27How do atheists/agnostics live a happy life? *I want to start off by saying that I personally am not going to share my beliefs and am asking out of general curiosity. I am neutral on the topic and support people believing whatever they want to believe, this is more so for gain of different perspective/viewpoint of life.* So.. the title...123
+27How much do you spend when you go out?How often do you go out and how much do you end up spending on a night out? I wanted to compare my spending with others. I go out once a week (Friday) and typically spend $120 ~ $200 (greasing the bouncer, taxi, drinks) depending on how generous I am feeling to my friends (most of the time,...42
+27AMA: GS Special Situations >> Founder of a Private Equity StartupMy experience bridges three worlds: investment banking, private equity, and startup life. Here’s my story, in a nutshell: I graduated from the University of Texas at Austin's Plan II and Business Honors programs and was hired directly out of <span...103
+27Cryptocurrency: How to Not Lose Your Life Savings deleted deleted delteddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddd41
+27Crips vs. Bloods: which is more prestigious?<em>Mod Note (Andy) - Throwback Thursday - this was originally posted 2/28/12</em> Tried the search function, but couldn't find anything. I am a senior at a non-target. I wasn't able to get into banking. So I am considering alternatives to make some cash (high...136
+27Women of WSO, when did you decide to have children and why, if at all?I'm wondering when you decided to have kids and how it affected your career. Was there a point at which you felt ready to have a family? Did some of you start off wanting children and then decide not to, or vice versa? I know that family life is traded off with a career in finance in the...48
+27Private Equity Recruiting Kicked Off?Heard this per head hunters / friends at various banks. Curious to hear what others have been hearing. Thanks101
+27Use Thanksgiving to Set 2017 Goals<p>For about the past 25 years, Thanksgiving weekend has been the four most important days of my year. Not only do I love everything about Thanksgiving (the food, the family and friends, the pervasive feeling of gratitude regardless of circumstances), but for me it’s the most natural...27
+27Ask me anything - Non Traditional Background to MM PE to H/S/WSo here I am, the prodigal son returning. I haven’t been on this site in some time but wanted to write this post to generate some helpful content as a way of saying thank you to Patrick and the rest of the <abbr title="Wall Street Oasis ">WSO</abbr> team, as their site...62
+27Affirmative Action based on WealthThis topic really hits close to home with me. When I see peers of underrepresented minority (and yet highly affluent/advantaged) backgrounds around me reaping the benefits of affirmative action, I can't help but think there must be a better way. Perhaps, schools or firms should require...85
+27How do I survive Wall Street as a 1st generation college student?For context, I'm a first generation college student that grew up on food stamps and government assistance, "raised" by a single drug addicted parent. I was fortunate enough to have some positive intervention / influence in my life, and decided I wanted a better life for myself. I...15
+27A Cover Letter Template for Investment BankingNOTE FROM WSO: <ul> <li>Attached at the <strong>bottom of this post</strong> is an investment banking cover letter template that is sometimes used for <abbr title="Wall Street Oasis ">WSO</abbr> <span class='keyword_link'><a...10
+27How To Quit Your Job (And Still Win)You’re going to quit at least one job in your life, probably several. In fact, 2.8 million Americans quit their jobs every month. You know what’s heartbreaking about that statistic? Virtually none of those 2.8 million people know how to quit their job <i>and still...39
+26McKinsey Insight, Bain Advantage and Bridge2BCG 2018 for ADPAs from 2017, I would like to start a megathread for 2018 McKinsey Insight, Bain Advantage and bridge2BCG status updates for advanced degree candidates. Please feel free to post updates and indicate which programs in which region you applied to! Deadlines McKinsey: 8th of April Bain:...322
+26The Infamous Goldman Interviewee Lands an Offer at GSI honestly can't believe I'm saying this but the person in the video posted in @Les Grossman"'s thread (video below) and a few others (myself included) has allegedly landed an offer at <span class='keyword_link'><a...82
+26The most laid back Corporate jobs for those of us without C-suite aspirations?Let's use this thread to discuss roles that offer amazing work/life balance and limited stress (i.e. **not** FP&A, development, etc.). It doesn't even necessarily need to be finance-specific as there are dozens of little-known roles out there that someone with a finance or...103
+26Investment Banking Holidays?How do holidays work at most investment banks? I'd assume analysts are working almost every holiday not named Christmas, Thanksgiving, or the 4th of July. At what level if any would you be able to take off for President's Day?72
+26Worst internship stories (investment banking)Thought I would share the shitshow of an internship that has taken up my summer, but also challenge all you monkeys to share your worst internship stories as well. I am currently on the tail end of an internship abroad in Hong Kong. The very structure of the internship seemed strange to me....36
+26What is Your Magic Retirement $ Number?I've read a number of posts on this site from young people who talk about not wanting to take the traditional path and "work 'til I'm 65;" early retirement seems to be a paramount goal for a lot of of people. My question is, what is the nest egg you would feel...88
+26Best Whiskeys For an After-Work Night Cap?Let's get started with the basics, I know everyone's got an obscure favorite whiskey, aged 40 years and produced only in one of the flyover states twice a year yadda yadda yadda but thinking about all of that right now is making me verklempt. But I'm wondering about the basics...133
+26Billionaire Michael Bloomberg condemns GOP tax bill: CEOs like me "don't need the money" Michael Bloomberg, the billionaire CEO of Bloomberg LP and the former mayor of <abbr title="New York City">NYC</abbr> worth around $50 billion (at least 13x wealthier than President Trump), wrote an absolutely beautiful op-ed condemning the awful GOP tax bill....66
+26AMA: Volatility arbitrage PMAfter a brief chat with the local Gods (Patrick and Andrew), I thought I would host an AMA for anybody interested in the life of a hedge-fund volatility trader. Brief background: * Undergrad: abroad so by definition a non-name school :) probably can be described as a double major in...112
+262016 McKinsey insight and BCG bridge2BCG status updates for APDHi everyone, I would like to start a thread for 2016 <span class='keyword_link'><a href="/company/mckinsey-and-co">McKinsey</a></span> <span class='keyword_link'><a href="/company/boston-consulting-group"...305
+26How much do you save??Right now I'm thinking I will save about 15% of my gross income. I would be interested to hear how much others save, does it rise as income rises, or fall due to lifestyle creep?90
+26Billions Season 2First episode description: Chuck faces scrutiny within his office and from the Attorney General. Axe refortifies Axe Capital, and weighs his options for retaliation. The fund wrestles with a precarious economic landscape that threatens the very existence of Axe Cap. Wendy entertains an offer...78
+26Ask CompBankerWallStreetOasis, At the request of Patrick and a few users, I have agreed to start an "Ask CompBanker" thread. The purpose is to share responses to my historical and future PMs with the community while keeping the question asker anonymous. Anyone is welcome to send me a PM or post...54
+26Informal Interview w/ thebrofessor (talking career, life, money, etc) <em>Mod Note (Andy): Below is a recent informal Q&A between a student and <abbr title="Wall Street Oasis">WSO</abbr> Super User @thebrofessor". They gave me permission to re-post on the site so more people could benefit from his responses....21
+26The Divorce Fund: Speculating on Your MiseryI have spoken candidly in the past and will gladly do so again, about my misadventures in the world of marriage. It's a world many foolish men enter, but few ever leave financially unscathed. Today, we look at yet another <a...83
+26Deaf Looking to Break In<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #15 and was originally posted 11/1/2015.</em> Hey everyone! I have been following this site and enjoyed contents from different kind of people. Since my experience is unique, I decided to post...28
+26AMA: Just finished managing 3 summer analysts I’m VP at a <abbr title="bulge bracket">BB</abbr> in a <abbr title="back office">BO</abbr> role. Our cohort of summer interns just finished so thought I would do an AMA. To kick off, here’s 5 things I would advise to students after going through...35
+26A Discussion on Interest Rates/Macro Fundamentals (Long OP)While there was a recent thread about buying in a rising interest rate environment, I'd like to have a thoughtful discussion about where you're predicting interest rates to be in 1-2 years and how that will impact the market, if at all. To preface the discussion: I first entered...63
+262015-2016 salary & bonus discussionLet's talk about the 2015 - 2016 year bonus. Please list the firm, level, salary, bonus using the following format: <abbr title="JP Morgan">JPM</abbr>, <abbr title="Sales and Trading">S&T</abbr>, A0, 150k base, 175k bonus (75% cash, 25%...177
+26Any hip hop fans out there?Since J. Cole's album drop date got leaked a couple of days ago (December 9th), I wanted to promote one of my favorite current generation rappers. But I also wanted to open up a discussion about greatest albums, artists, and moments in hip hop. A lot of discussions I've had about hip...154
+26Excel Formulas you use constantly on the job?Was wondering what formulas most of you are using on the job? Thanks. I have excel tests that I will have to do for some final round interviews so was wondering if there are any recommended websites to practice.91
+26Bootstrapped Entrepreneur Netting 7 Figures @ 25 - AMAI get PM every day or so here asking questions so I figure might as well answer questions publicly to maximize value for the community. Happy to verify if a mod PMs but my post should be pretty telling. <h3>Preface for what it's like starting out....82
+26UG PE Analyst - 2.9 GPA, no internship, non-target<em>Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #25 and was originally posted 9/20/2015.</em> <h3>From Non-Target Undergrad Straight to <abbr title="private...41
+26Sick of being Beta Studied my entire k-12 without even thinking of getting pussy because I was a 5'10" 100 lb Asian nerd. Enter lower tier Ivy League school (think, Dartmouth) and actually start hitting the gym and weights thanks to my friends. Go to 160lb and become actually good looking and social....112
+26Worst Type of WSO UsersSometimes when scrolling through the different forums on this site I can't help but notice the different types of annoying people. These are the types of users that cross my mind: 1. **The (Douchebag) Braggers:** Just because you landed a summer internship at Goldman doesn't mean...28
+26Has Obama Rescued the US Economy?With Obama’s presidency ending in a couple of days, I recently read an <a href="">an interesting article</a> by Martin Wolf who argued Barack Obama did his best in rescuing the US economy and argues that Obama laid a strong foundation for...78
+26Gender Pay Gap - Is it real?With feminism on the rise and recent mass demonstrations for gender equality, I have been hearing a lot about gender pay gap. Something along the lines that a woman is paid 79 cents on the dollar for every dollar a male makes. However, I have not seen viable evidence for this notion, yet it is...89
+26Anyone making any decent money from investing in ICOs?Looks like there have been some crazy returns available for those investing in ICOs mid-2017. Is it a case of being too late to the party now given the sheer number of ICOs occurring and potential cannabilisation of available funds? I’ve put small amounts of money in to some over the...85
+26Bank Map 2: Electric Boogaloo Aight I cleaned up the map and added the tier 2 Dutch bank Jamie wanted for some reason. <img src="/files/styles/w800/public/inline/images/finalbankmap.jpg?itok=yQw_4wtZ" alt="" /> Let me know what you guys think. (Only accurate +/- 3 Blocks; shit gets cramped ya...24
+26Gekko's Guidance (10 Rules to Interviewing) - Part 1 of ?<em>Mod note (Andy): "Blast from the past - Best of WSO" - while Eddie is away this month in his place we'll be posting up some of the most popular posts from the past. This was originally posted on 12/07/10</em> Since everyone else seems to be jumping on the band...45
+26Lonely and Unhappy - NYC Hey guys, A bit of a long post, but would appreciate any advice. For the last 5 months or so, I've been feeling extremely lonely and unhappy, specifically at the end of <span class='keyword_link'><a href="/guide/wso-internship-guide">my summer...53
+26The Last "what should I do with my money?" Thread (hopefully)Since I became active in <abbr title="Wall Street Oasis">WSO</abbr> several weeks ago, I've noticed a few threads on "I have this much money, what should I do with it?" And the amounts have ranged from $2,000 to $20mm, and to put it bluntly I'm tired of...108
+26What cities will be the top places to live in the next 5-10 years?It seems as though many people are fleeing California because of soaring rent increases, weak infrastructure/high traffic, high taxes, and lack of water. Where will the top places to live and develop real estate be in the next 5-10 years? It seems as if the best places would be business...135
+26Summer Analyst Hours at BB/EBWhat hours should someone expect as a summer analyst at a <abbr title="bulge bracket">BB</abbr> or <abbr title="elite boutique">EB</abbr>. I obviously know that a <abbr title="full time">FT</abbr> analyst can expect 80+ per week,...75
+26Amazon HQ2 LocationAlright folks, let's have everyone's best guess (or inside knowledge) of what city the new <span class='keyword_link'><a href="/company/amazon" target="_blank">Amazon</a></span> HQ2 will be located. I am going with Denver and...112
+26Advice for Princeton MFin ApplicantsAll, Over the past two months, I have seen several threads asking for advice on applying to Princeton Bendheim's MFin program, what the school is looking for, and many other questions. People on the forums have pointed to me because I go to school there, and they think I have some clue...166
+26Do many young I-Bankers pivot to F500 ladder? Seems like you sharks would dominate, yeah?I grew up in metro Detroit and every other white collar parent is a Big Ten (if that) grad who makes a cozy $330k, 550k, even well into 7 figures after working up corporate (finance/marketing/engineering/sales) ladder at an automaker, auto supplier, etc. Mark Fields, former CEO of Ford, was...73
+26What places do you visit for credible news?I stopped watching CNN, ABC, CBS, FOX, et al because of the outright misinterpretation of facts (e.g., the fake news controversy). I usually shut off the TV if these channels start talking about subjects other than market info or feel-good stories. This doesn't mean I choose to remain...122
+26The hardest Investment Banking interview you've ever donePersonally, as a student without much <abbr title="investment banking division">IBD</abbr> experience I only have this one to share regarding an an off cycle interview for a <abbr title="mergers and acquisitions">M&A</abbr> boutique. They...53
+26How Does Models and Bottles Work?I keep hearing the phrase models and bottles, and basically, if a guy has the cash to bottle service girls, he gets laid. But, I've never actually understood how the entire mating ritual known as models and bottles works. Now, where do these girls come from? Are they just randoms you...162
+26Analyst Modeling TestFigured I would give back to the community. I have a modeling test I was recently given for a debt/equity shop that I am happy to share. PM me and I will send it over. 83
+26Best lifestyle PE firms in terms of hours work, comp/size doesn't matterJust curious. If someone wasn't worried about comp, wasn't worried about fast progression, wasn't worried about sector, just liked the work of <abbr title="private equity">PE</abbr> and wanted to have the best lifestyle possible, which shops would you...32
+26This #metoo movement is an abomination to human intelligence and needs to stop. Immediately.I find it rather amusing that most people actually believe allegations from years (some DECADES) prior. Try reporting a crime that occured 15 years ago to the police today. Whether it's extortion, theft, or if your significant other hit you on the head with a jar of Nutella...47
+26Target vs. Non-TargetOne thing that's very disheartening to read on this forum is the bias against kids from targets. Apparently, kids from targets just *happened* to be privileged enough to get into a good school while kids from non-targets unfairly get screwed. I'm sorry, but when did working hard in...545
+26Did anyone enjoy or appreciate their IB experience?There are plenty of posts about how horrible <abbr title="investment banking">IB</abbr> was for people, but did anyone appreciate it or like it?45
+26Is Facebook the Devil?I'm sitting here chuckling because of course the title is in jest, but Facebook has been having a rough go of it lately. Not financially, mind you, where they've been absolutely killing it. I'm talking about in the media and political sphere, where roughly half the country (well,...69
+26AMA: Managing Director in the M&A and PE business w/ 20+ years experience <em>Mod Note (Andy): Best Posts of 2014 - this originally went up March of this year </em> I am a 20+ year veteran and Managing Director in the <abbr title="mergers and acquisitions">M&A</abbr> and private equity business who <span...138
+26Anyone else fed up with the banking/finance industy?Happy Monday everyone. It'd be good if we keep this discussion amongst those who have actually been there and done that (i.e. no high school/college students) I thought I'd start a topic that perhaps a lot of you think about but don't bring up often enough - Is anyone else...84
+26Random Thoughts on the HF IndustryIt’s been a while since I posted (sorry @AndyLouis") so I decided to come back with something a little different from my previous posts. I’ll continue the E&F posts at some point, but given recent market conditions I thought this was more appropriate. The below is a compilation of...47
+26Your worst work experiences Curious to hear some of your stories with firms in your career in the RE industry. I'm sure a lot of you had worked at small firms where it might have been a cluster fuck or you got hoodwinked into a position that wasn't what you thought it was.52
+26How to Stay Focused and Re-Develop a Good Memory?Hi Everyone, Starting about 3-4 months ago I noticed that I was having difficulty remembering some things at work and staying focused. For the first month or two it didn't make much of a difference because business was quite slow; however, I recently switched roles at my company and...106
+26GS 2018 SuperdayHi all, I just completed a superday for <abbr title="Goldman Sachs">GS</abbr> <abbr title="investment banking division">IBD</abbr> Classic 2018 Summer Analyst program, so I figured I would create this post to help out those who will have superdays with...170
+262020 On-Cycle Recruiting Kicks OffLooks like Christmas has come early this year...for some Rumor has it that the following firms have kicked off; post your observations below! * New Mountain * <abbr title="Kohlberg Kravis Roberts & Co.">KKR</abbr> * Centerbridge * Ares * Summit * ...113
+25VP Added Me on Facebook - Do I Accept the Friend Request?I'm a student recruiting for internships, so I networked with a VP at a bank, and a couple days later he sent me a friend request on Facebook. It's been a day since then and I don't know what to do. This guy is about 30 years old and I have a "clean" Facebook account,...34
+25What's the hardest interview question you were ever asked?<em>Mod note (Andy): Throwback Thursday, this post originally went up on 6/4/12.<em> <em><strong>Andy note:</strong> some of the quotes below were published on CNBC / Yahoo awhile back: <a...420
+25Ask a VP in Equity Research anything - 2018 EditionIt’s been two years since I did the last one (<a href="">"Ask A VP in <abbr title="equity research">ER</abbr> anything"</a> ), so I figured I would do one more....76
+25The Truth About Networking<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 1/24/13. To see all of our top content from the past, click <a href="//">here.</a></em> From observing the general population in...64
+25Non-target to BB IB SAHi all, Throwaway account to try and keep identity as anonymous as possible. Going to share my experience as I'm starting my <abbr title="bulge bracket">BB</abbr> <abbr title="summer analyst intern">SA</abbr> gig this summer in a top coverage...28
+25Non-Target to MM IB: My AdviceAlthough I’m not as interesting as the Tibetan monk who realized his true passion is staring at <span class='keyword_link'><a href="" target="_blank">Excel</a></span> 18 hours a...7
+25The Types of Monkeys in The Trading Jungle<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 1/23/14. To see all of our top content from the past, click <a href="//">here.</a></em> The investment banking side of the business...37
+25This Is What I Read Every Morning.Ask anyone what to read to stay informed, and 10/10 of people will tell you to read the WSJ (as you should) but what do you supplement it with? Personally, I subscribe to a few newsletters listed below. Are there any others you read that you recommend? Dealbreaker Pitchbook Deal Book...77
+25What Would You Say to 20 y/o YouHi everyone, I am currently 20 years old and studying Econ in <abbr title="New York City">NYC</abbr>. Ideally, like everyone, I want to land a job after graduation. For those of you in the financial industry, what are some words of advice for someone who wants to make the...63
+25UK Non-Target to FT Analyst at Top Tier M&A FirmHi everyone, This website has been incredibly useful to me, and I owe a lot of career success to it. It’s given me a lot of excellent insight into <abbr title="investment banking division">IBD</abbr> and has been a great source of motivation. Therefore, I’d like to...16
+25Best Way For A College Student to Invest?As college students, I am sure that some of you may relate to the fact of looking for new ways to make a solid amount of money. Personally I have a little under $2000 and would like to get started in investing. For the experienced members on this forum, what would be some good ways to invest in...143
+25If you had to start your life over again, what would you change? What you would change and what advices you would give to a 20 years old kid to be successful in life does not matter if it's in finance or another field!48
+25What are your interviewing red flags?I've enjoyed the new Certified User discussions and wanted to throw my hat in the ring. Here's my question: what red flags do you look for when you're interviewing at a new company or for a new work project? What alerts you that the manager may be a terror to work with or that...74
+25If you could punch one well known person in the face, who would it be?I have a pretty long list but I'll just stick to my numero uno. Also, there are no consequences after hitting them. Justin Bieber. Obama is a close second, but I HATE Justin Bieber. By far the biggest douche bag on the face of the planet. Kid thinks he's the greatest thing since...157
+25Analyst Interview - Common QuestionsHi, I have a partner interview with a large commerical real estate firm, and I was wondering if anyone had any insight into what type of questions I should expect and how to best answer them. I've been told questions will be mostly fit questions. Any help will be greatly appreciated, and...63
+25Do you have hobbies?The question is fairly straight forward. When I started in business school I noticed that most of the fund managers or PM's who would come talk repeated a similar refrain. It was a point of pride to spend every moment thinking about investing. They would all say something along the lines...207
+25About to graduate from HBS - Ask Me Anything (AMA)About one year ago, I did [this AMA]( about finishing my first year at HBS. Two years ago, I did [this AMA]( about being...88
+25How To Live In The Present: Is The Perpetual Focus On The Next Big Thing Unhealthy? One of the most commonly obsessed over topics in Finance conversations and forums is Exit Opps. It's always about that next big move. In high school you're just worried about which college will give you the best internship opportunities, once you get that first internship it's...38
+25My analyst went AWOLMonkeys, I jumped companies ~6 months ago to work in corp dev. It was a promotion, different city, etc. Overall a good opportunity to get out of my comfort zone have an analyst working under me. Said analyst was at the company before I joined. It was a weird situation - they didn't...64
+25760 on GMAT -- Game PlanHey everyone, Just took my GMAT this morning and scored 760 (IR8/Q50/V44), which is at the 99th percentile. While this is certainly not the limit of what many of you could score, I think my experience going through the process might be valuable to share, so I'm hoping at least a few...51
+25Best Finance - Investment Banking moviesSome examples; The Boiler Room, American Psycho and Wall Street.400
+252016 Full-time IB Recruiting Timeline MegathreadIt's that time of year again, folks. Time to polish those resumes, fire up the LinkedIn and <abbr title="Wall Street Oasis ">WSO</abbr> search functions, and bug the hell out of the career advisers at your schools. It's recruiting time! We are all looking for...822
+25Basic Overview of the Consumer Sector<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis ">WSO</abbr> forum posts of 2014. This one was originally posted on 12/7/14 and ranks #32 for the year by total silver banana count. You can see all our top ranked content <a...35
+25Why the hell do people work in NYC/SF IBD?It makes absolutely no sense to me. I've heard a lot of people try to defend it, but it's simply indefensible. 100 hour weeks working <span class='keyword_link'><a href="/finance-dictionary/what-is-the-bulge-bracket-BB">at a <abbr title="bulge...116
+25Endowments & Foundations Part 1: A Basic Overview <em>Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #31 and was originally posted 6/28/2015.</em> <h3>Endowments & Foundations Part 1: A Basic Overview</h3> I think the most useful threads I’ve...39
+25Ask DickFuld November 2015I'm ready for another round of questions from all of you. Please remember, I'm doing this because I care, so try to keep it civil. Fire away.... (PS -- Let's try to refrain from asking dumb questions this time.)119
+25MBA SA Goldman vs EvercoreI can't believe I'm finally posting this after a couple years of skimming these forums, but I FINALLY received offers to become an investment banker. Though not the objective of this post, if anybody is curious about my path. Non-target UG (~3.5 GPA, not stellar) -> Audit at Big 4...62
+25Do "no-name" boutiques really open doors to MMs and BBs?Have an offer at a "no name" boutique, I'd guess around 20 employees. I have a call lined up with an analyst to ask questions regarding deal flow and size, haven't had time to do my due diligence yet because this sorta came out of nowhere. Let's just assume small....66
+25Don't Ignore That Cold Email - Here's WhyWhile I realize the bulk of the WSO population consists mostly of college students and young professionals, there is also a solid representation of what can be referred to as “experienced professionals” in the mix as well. Some of these individuals (myself included) might be newer to this...50
+25EXPOSING My name is Goldstein's real account (100% LEGIT!)After reading @my name is goldstein" 's post about how he was "just trolling for advice." I was INSPIRED to DISCOVER the WHEREABOUTS of his REAL ACCOUNT and EXPOSE him. LONG STORY SHORT: Found it within five minutes. Did an advanced search BASED off of date (all posts 2...34
+25Congratulations to the 2015 WSO Forum Member of the Year: DingDong08<em>Mod Note (Andy): I'm posting this under DingDong08's account so he can reap all the silver banana love :-) </em> Winning by an astounding margin (33% of the votes vs 14% ), congratulations to <abbr title="Wall Street Oasis">WSO</abbr> super...21
+25AMA: Research Analyst at $1 Billion Hedge FundHey everyone, I’ve been a long time user of this site, which was instrumental in getting me to where I am today. If it weren’t for the help of everyone on here I certainly would not be in the position I am in today. I’ve been meaning to do this for a while but I would finally like to...85
+25Traders screwed?!?I'm often concerned about my peers in the Sales & Trading career track. While many of them seem to think they will be the next big <abbr title="hedge fund">HF</abbr> PM and such (and I am certain that a few of them will be) I have a hunch that the vast majority of...135
+25Do you consider your Private Equity job intellectually stimulating?I have heard on some threads here and in general that <abbr title="private equity">PE</abbr> jobs can get stale and boring, of course every job has its shit days but the nature of <abbr title="private equity">PE</abbr> is long term concentrated...59
+25J.P. Morgan HireVue Interview Questions: What to ExpectI applied for an analyst position at J.P. Morgan. I immediately got an automated reply telling me to continue on HireVue. I did some digging through WSO and I still have some questions. <ol> <li>Are you allowed multiple tries? It seems J.P. Morgan allowed this for the Wealth...84
+25Biotech finance part 2: valuation methodologies and modeling considerationsIn a [previous post](, I discussed the most basic skill required for biopharma finance: forecasting a P&L for a drug. In this post, I'll discuss the next step -- valuing biopharma companies. ...16
+25Is College Worth the Opportunity Cost?<p>This is going to seem like an odd question to many of you, and I even debated whether I should ask it here. On the other hand, this might be the perfect place to ask it. It's about the opportunity cost of college.</p> <p>I'm asking as the father of two young...175
+25More classics from resumes/cover lettersWe're digging through resumes for summer analysts again. Thought everyone might enjoy or benefit from a few of the real gems (all emphasis mine): "Objective: To obtain an internship in the field of financial services to utilize my VAST analytical and quantitative...189
+25GS Veteran Integration Program (VIP) 2018I'd like to start the 2018 Veteran Integration Program thread this year. I'll be applying as soon as the application opens...Last year it was mid-October. Who else is applying this year? In past years the application entailed an online resume screen, followed by a Hirevue...186
+25Starting a small hedge fundNew user, co-founder of a 2-person small Asset Management firm utilizing a trading algorithm for long-short equity. Looking for advice on networking, fundraising, partnerships, etc. Newly relocated to <abbr title="New York City">NYC</abbr>.263
+25Imperialism, Human Rights, Chaos, and Peace - A Question for WSOdeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedelete61
+25Share Your Christmas Party Stories!It's the season to be jolly, and some of us take that a little too far sometimes... So I thought it'd be good to confess, retell and share the stories of vomiting Analysts, passed out MDs and sexy PAs from this festive season's work Christmas parties, or the ones of years gone...143
+25Preparing for the HF informational interview<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 12/27/09. To see all of our top content from the past, click <a href="//">here.</a></em> I got a PM asking how to prepare for an...14
+25AMA: Corporate Banking Associate This site has been incredibly helpful to me over the years so I thought I'd do one of these as an attempt to give back. I'm currently a Corp Banking Associate for top 10 US commercial bank (e.g. US Bank, <span class='keyword_link'><a...51
+25Is everyone's experience this brutal?I'm completely ready to work hard, but threads [like this]( scare me. Is this the norm, or did this guy have an exceptionally bad experience? I'm in college right now, considering pursuing...27
+25Is my start to new job normal? Paid to do nothingHello, I started a new job as a first year analyst at a small investment firm out on the west coast. During my first few days, I learned there is no formal training program here and it is basically learn as you go where I would be pulled into various projects to help out. However, I am now 4...35
+25Is finance less attractive than it was years ago?From: [Poets and Quants: Finance Careers Fall at New Low at Wharton]( [quote]The numbers of Wharton MBAs going into the financial services industry reached a new record low this year, falling to 32.7% of...58
+25How to NOT send cold emailsGot forwarded the below from another analyst. Email has already made it through a bunch of <abbr title="bulge brackets">BBs</abbr> and <abbr title="middle market firms">MMs</abbr>. Picture was originally embedded in the email body...120
+25As an M&A Investment Banker, What Value Do You Actually Add?There it is. The age-old question that continuously pops up, especially when it comes time to sign an engagement letter. I know what our seniors say, but am more curious to hear what you think the value is that <abbr title="mergers and acquisitions">M&A</abbr> bankers...41
+24IBP Institute Announces Investment Banking Professional (IBP) CredentialDear <abbr title="Wall Street Oasis">WSO</abbr> Community, I am excited to announce the launch of the <a href="">IBP Institute</a> and the **Investment Banking Professional Credential** to the public. This initiative has...21
+24AMA: Non-finance major --> BB IB --> Director at $5B+ Multi-strat HF (in 6 years)It's been a slow week and I'm not going away for Christmas so AMA time. Some background: Engineering major at an engineering-focused school in the Midwest during the crisis (graduated 2011) <abbr title="investment banks">IBs</abbr> only recruited for back and...62
+24AMA: Non-Target --> BB BO --> BB ECMWhat's going on everybody, The <abbr title="Wall Street Oasis">WSO</abbr> community has helped me out tremendously over the past few years, so I've decided that it's time to give back. Recently accepted an offer from a non-<span...54
+24What careers are there that pay very well that are atypical (i.e. non-PE, IB, etc.) or less considered?As the title says. A lot of talk on <abbr title="Wall Street Oasis">WSO</abbr> -- I mean, for obvious reasons -- is about <abbr title="investment banking">IB</abbr>, <abbr title="private equity">PE</abbr>, Hedge Funds, etc. and...81
+24INTRODUCING: The WSO Applicant Database. Take 5 minutes on WSO to Reach Hundreds of Finance Recruiters and Finance CompaniesGiven that we have built up relationships with hundreds of companies and finance recruiters, we thought instead of just a simple job board (which you can find <a href="//">right here</a>), we would also create a <abbr title="Wall...92
+24Finding time to date in your early-20s?Currently working around 60-70 hours in asset management and am putting in around 20-30 hours outside of work trying to grow a software company. I see my friends maybe once every couple weeks and it seems like they're all trying to get into a long-term relationship with the intention of...50
+24What is there to life after 30 if you don't want to go the starting a family route.Guess it is a part of my quarter life crisis even though things have been going a lot better for me in recent months in regards to employment (loving my full-time job!) and financially (pay is decent for someone like me). I often wonder about my 30s and have this habit of looking ahead to see...61
+24What do we think of Infamous "Pharma Bro" Martin Shkreli?### A True Pharma Bro Many of us know Martin Shkreli from his 2015 pharma endeavors. He raised the price of a life-saving drug by over 5,000% while working at Turing Pharmaceuticals. He has also started another pharmaceutical company as well as two hedge funds. [quote] Mr. Shkreli is on...108
+24How does one become content with a normal life if they grew up thinking they were special?My boyfriend (now ex) broke up with me recently after a year because he's moving to Africa for a job (we're both based in London and he grew up here). I knew this was coming and feel very relieved and I wish him all the best. But I can't stop thinking about something he said to...74
+24GS -> YouTube -> top hedge fundImpressive or nah? [quote]Remember Jess Greenberg? The former Goldman Sachs summer analyst with a lucrative sideline working her assets on her YouTube channel with 1.2m (mostly male) subscribers? She hasn’t eschewed finance for YouTube after all: she’s just turned up at Winton Capital...70
+24AMA: Credit Analyst at +$5B Distressed ShopHave lurked on <abbr title="Wall Street Oasis">WSO</abbr> on-and-off since pre-crisis days. Reading the material on here helped me get my first internship - time to give back. Happy to answer anything and everything. Quick background below. - Beginning third year as...100
+24Moving From Canada to Philly...Any Advice?Hi Everyone! I am living in Canada but will be moving to Philadelphia early 2017. Wanted to reach out to Philly natives for some advice: 1) Was considering renting a place in University City....sticking within easy/short commute to UPenn. Keep getting mixed advice about how far into...65
+24Young People of WSO: What is with this fascination towards IB?I'm a lot older than most of you guys and while I never worked in <abbr title="front office">FO</abbr> <abbr title="investment banking">IB</abbr> or desired to do so, I don't understand the obsession and circle jerk of getting into <abbr...194
+24Who else is making $$$ off cryptos?With IOTA shooting up over 500% over the last few days and BTC shooting up almost 500% in 12 months, anyone else making big bank off cryptos? I know the volatility and risk are pretty big but an investment as little as $5K can yield pretty insane results, trust me I know from experience. 203
+24Value add - multifamily ... RENTS, TAXES, WTF??I am seeing a ton of shit OMs from brokers labeling everything value-add for multifamily. This is nothing new but who is the potential buyer pool for these shit class B & C assets? To my main question, is it realistic to expect rents can be doubled at a property in 18 to 124 months at a 50...64
+24I hate the living sh*t out of my job as a current salesman. I hate sales with a burning passion. I need out. Please help.Hi everyone. I currently work for a top tech company (think IBM/Salesforce/Oracle/CISCO) selling SaaS and high-tech enterprise software. My base salary is $60k and last year, I made around $100k before taxes with commission. I'm 26 years old, and have been working in sales for 1.5 years. My...92
+24I'm A F*cking SleuthNo fucks left to give, monkeys. I've got dirt on my boss and I want you to dream with me: what should I ask for? So I'm in the shitter, taking a shit, as I do, and reupping on Adderall, albeit with an off-label route of administration, hence the privacy. I've also got a good...29
+24Best option for paying for my homeHi <abbr title="Wall Street Oasis">WSO</abbr>, this one is a little off tangent. Basically, me and my wife disagree on how I should work towards home ownership. Given the finance masters here, I wish to ask which route should I take. I'll disclose the information...88
+24What percentage of your after tax income is devoted to housing?There is an age old adage that your monthly housing expense should never be above 30% of your after tax income that I think is completely irrelevant in today's rental and housing market. I'm curious to see what the average renter's/home owner's monthly expense including...111
+24AMA: London L/S + event-driven analystHey guys, haven't been on here for a while, but I'm currently waiting a few weeks to start my next gig and I'm bored. I figured I'd try to give back a little, especially because I know there are people from London on here, and the amount of info available on London <abbr...57
+24Best/Cool/Interesting Bars by CityWith many <abbr title="Wall Street Oasis">WSO</abbr> members being avid drinkers, I figured it might be insightful to have an idea of bars worth visiting in different cities so when one is there (for business or pleasure) one has a decent idea of where a good night starts...103
+24Does anyone need access to any models, research or training materials?If so, message me. Nothing proprietary here, of course. Also, I will be checking out your posting history to make sure youre worthy of sharing, so if you have a higher post count/sb count, youll be more likely to get what you ask for. If you have a low post count/just joined a couple of days...45
+24New Shit List: Apartment BuildingHoly shit. I had no idea a few minor complaints about the gym would turn into my most popular post of all time. That's like if Drake were still best known for his role on Degrassi (should probably add "no homo" here, homo). <img src =...31
+24Ask an experienced senior analyst anythingSo I'm feeling a bit generous over the holidays. So have at it kids, ask away. Straight-dope answers will be provided.86
+24Minimum Time Before Lateralling?I know people say that a firm cares about you as much as what you can do for the firm, but I honestly believe that relationships you build go beyond just a number that appears on the P&L. My question is for those that have made a move at some point in their careers. 1. How did you...59
+24French Presidential Candidate Proposing 100% Tax On The Rich Title says it all. Link is <a href=>here</a> if you wish to view the article. This tax would be on incomes over 400,000 euro which is $425,000. These income...82
+24CFA Charterholder who left finance and joined the Army—AMATitle explains it. I’m Alex Cook, and you might have seen my YouTube video on the <abbr title="Chartered Financial Analyst">CFA</abbr> Program. I can't post links here right now but it will pop up if you type in "How I passed all of the <abbr...45
+24Am I the only who who tips Uber drivers? Last night, after taking an Uber with friends, on the way out of the car, I leaned forward and gave the driver a few bucks... and my friends yelled at me! They proceeded to berate me for tipping the Uber guy, saying that no one does that and no one's SUPPOSED to do that... and that,...46
+24USA: 50 Things I Miss & LoveWith all the negative light on our country this week I thought there would be no better time to get this post up. And also probably good to write all this before the election, and before I return to spend more time in the US.. So for simplicity sake I'm writing these in generalizations as...53
+24I failed miserably at life. What do I do?Earlier this year I graduated from a rank ~30 (semi-target) school with a 2.2 GPA in a hard science. I was a premed and did premed things all throughout college. I work as a waiter and take care of my 2 little siblings(parents died my freshman year). I don't need any sympathy, just help...23
+24Oil and Gas Overview<em>Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #29 and was originally posted 1/10/2015.</em> Hopefully this post will generate some debate with regards to profiting from the recent drop in oil prices. As we have...42
+242019 Summer Analyst - Morgan Stanley HirevueDid anyone get the 2019 <abbr title="summer analyst intern">SA</abbr> MS HireVues yet? I just got it today. Could someone explain the process further, and give me some tips? (I am a rising sophomore so this is my first interview) Also, was getting the HireVue a selective...239
+24Officially Out of the HF BusinessMight as well make it official and say I have left the <span class='keyword_link'><a href="/finance-dictionary/what-is-a-hedge-fund-HF" rel="nofollow"><abbr title="hedge fund">HF</abbr></a></span> business to pursue...45
+24Places where salaries are high but the cost of living is low?Does anyone know any cities where salaries are high and the cost of living is low for a life style quality that some may consider being average to high?127
+24Answers to "why should we hire you?" questionHey guys, In a few interviews I've been asked "why should we hire you?" or "what distinguishes you from the other applicants?" They're tough questions but also pretty fair since they're getting at what's really the point of the interview to begin with....28
+24The future of LA Curious what SoCal guys think the future holds for LA. The change here is staggering. Tech companies are flooding in. Snapchat, <span class='keyword_link'><a href="/company/amazon" target="_blank">Amazon</a></span>, Google and others all...50
+24Pay It ForwardI distinctly remember a phone call I made to a managing director at <span class='keyword_link'><a href="/company/prudential" target="_blank">Prudential</a></span> Securities when I was in business school—I had cold-called him, done an...13
+24I DID IT!!!I did it!!! For those who are not in the know here is a quick recap. I was offered a <span class='keyword_link'><a href="/finance-dictionary/what-is-the-front-office-fo"><abbr title="front office ">FO</abbr></a></span>...60
+24Johnson (Cornell) 2nd Year MBA Ask Me Anything AMAInspired by a few of the other people (@"OpsDude", @"TheGrind", etc) who have posted AMAs on their b-school experience, I'm going to write about my experience at Cornell's Johnson School. If you're only interested in <abbr title="Top 7 MBA business...104
+24From State School to IBD to MM PE: AMA<em>Mod Note (Andy) - this AMA originally went up last December but @THE PsYcHoLoGy" wrote and said he could still answer questions</em> <abbr title="Wall Street Oasis">WSO</abbr>, I joined this site during my junior year of college, and it has proved to...53
+242018 Summer Analyst IB Recruiting Megathread: August 15th and BeyondAPPLICATIONS / INTERVIEWS / SUPERDAYS Now that early recruitment is wrapping up, most of the applications are open (minus some boutiques) and the previous thread has hit 1K comments, I thought it would be best to create another thread so people don't have to scroll through 6 pages to get...91
+24PE Horror StoriesWe thought (maybe just me) that <abbr title="private equity">PE</abbr> would have none or significantly less of the silly bullshit that banking had. Would love to hear some horror stories of pre-MBA associates being owned by their more senior colleagues. The gorier the...60
+24Most Mundane ShitYou read correctly. What is the most mundane shit us monkeys do? This is what I've got so far (in no particular order): 1. Manual data entry 2. Working group lists 3. Buyer logs 4. Logo slides 5. Weird custom transaction precedents like break fees. Lay it on me. I want horror...125
+24Hot Take: Is ADHD (Among Other Psychiatric "Disorders") a Myth as We Understand It?All humans have different spectrums of cognitive abilities and emotional ranges. Some people have a base-rate of happiness that is higher than others, some people get psychologically aroused (anxious) to a higher-extent than average, some people can't keep out distracting thoughts as well,...47
+24Why We Hired a Non-Target 1st Year - IB AnalystSo apologize for the bad formatting here, no idea how to use this thing still but this should be helpful for guys trying to get into Wall St. <strong>Here's the breakdown on how to stand out as a Non-Target.</strong> After having an analyst <strong>already...45
+24Non-Target, Sub 3.5 GPA. FT BB IBDThis is an absolute must read if you're from a non-target! I will try to detail out as much of my journey as I can. This post is kind of long overdue; however, I feel like it's better late than never. (Even if it's really poorly written.) I got an email around November of 2010...37
+24Some Thoughts on Private Equity Case Study InterviewWhen you go through the interview process with private equity firms, particularly if you move along in a process at a middle market PE shop, <strong>you will almost certainly be asked to do a case study.</strong> <h3>Guide to the Private Equity Interview Case...113
+24How to Treat the New Blood: 3 Rules to Follow<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 2/7/13 </em> Now, most of the posters on WSO aren’t managing anyone yet or even have anyone below them on the totem pole for at least a few years, but those that will (or have) may benefit from this...21
+24 AMA - I Work at Strategy&. ConsultingHere to answer your questions. A bit about me: -Strategy& Senior Associate -Graduated from <abbr title="Top 7 MBA business schools">M7</abbr> <abbr title="Masters in Business Administration">MBA</abbr> (class of 2015/16) I'd prefer not...61
+24Three Things You Didn't Know About Becoming A Rock-Star Analyst<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 6/21/12.</em> At the beginning of my analyst program i had a fixed-notion of what it takes to become one of the top-ranked analysts in my class, pocket top-bucket bonus and move on to a prosperous future...28
+24Thoughts on PJT Partners?Read through this thread: But i'm looking for an update a year and a half later or so. How did comp shake out? How is the increasing deal flow? I'm less concerned about exit opps but interested to hear that side too....35
+24Being a father and a workaholicYeah, sometimes shit happens and I’m going to be father at my early 20’s. Even though I’ve never intended to have kids, I know that I have to provide education and be present in this kid life. I’m not so worried about the challenges of being a father, but in terms of my professional...62
+24Corporate Development: My Experiences and BackgroundI started my career in <abbr title="investment banking">IB</abbr> (BB company) out of undergrad from a regional target school. I had held internships at other <abbr title="bulge brackets">BBs</abbr> prior to my full time role. I started my analyst...57
+24AMA: My journey, from the lab to MMPEI’ve been threatening to do one of these for a couple months, and I figured I’d slam it out while I have some downtime in the office. I’m in my early 30s and I work at a middle-market private equity firm in the Southeastern US. I’ve taken a rather long, circuitous route to get here, and...24
+24Equity Research Q&A with Flake<em>Mod (Andy) note: This thread is from December '11, but Flake said he is still up for answering questions, so fire away</em> Given the holiday season, I'm in a relatively good mood and feel the need to give back a little. I've seen a bunch of these "fielding...153
+23Are Hedge Fund Employees Structurally F***edHappy 2018. Going to start it off a bit heavy here. I think in the last ~5 years things have been getting worse for your typical fund analyst/PM, and I think the trend is only accelerating. When I say getting worse I mean the growth path and (especially) the compensation for your moderately...40
+23How to Prepare for Restructuring Technical Questions<em>Mod note: This comment was originally posted in the thread "Restructuring Technicals" <a href=//>here</a>. Many users found it useful so of course it would get front-paged. Enjoy! <a...72
+23banker career/lifestyle....not all that great? worth it?Part of why people go into banking vs. any typical "finance analyst" role is the lifestyle. However realistically, what is the point of having an amazing apartment, if you never spend any time in it. I mean I'm not going to rent a 5000/month penthouse if I come home every night...268
+23Salesforce: May The Force Be With YouCloud computing original has been on a tear since inception: <img src="/files/styles/w800/public/inline/images/salesforce.jpg?itok=UYw0guVn" alt="" /> However Investors have been divided on the stock. [Joel Greenblatt has shorted...27
+23Where are the Diced Bankers?Hey guys, so I’m a non target who recently got an offer at a (Blair,Lokey,Jefferies) for 2019. I wrestled in high school and have always loved lifting and staying in shape. I’m a little worried about what my banking schedule is gonna be like next year and where I’ll be able to fit lifting...77
+23How to Start Trading (Compliments of Bondarb)There have been a few requests to find the classic post by Bondarb, so it made sense to sticky it. This is what he wrote: <strong>Here is how you learn about trading:</strong> <ol> <li>Have at least 5k. If you dont have that then get it somehow, use your...61
+23Wharton kids favor restructuring/distressed investing?I was talking to a few friends who are currently there and learned most of the top kids (current junior/senior) are going to restructuring shops (whether it be PJT Rx, Millstein, <span class='keyword_link'><a...80
+23How to Ace the GMAT with Minimal Effort while Working in Investment Banking<em>Moderator note (Andy): this was originally posted on 5/17/12, <strong> <a href="//">Here is the link to his study guide</a></em></strong> <h3>highest score on GMAT while...95
+23What is Your New Year's Resolution for 2018? What are your New Year's Resolutions for 2018? Mine is to read more, whether that's for education or for personal enjoyment. Happy New Year to everyone and rock this new year. 75
+23Historians Rank Obama 12th Best PresidentOn the front page of fox this morning there is an <a href="">article</a> about a new survey released Friday that ranked President Obama as the country's 12th best...86
+23AMA: I'm an Agricultural Commodities TraderI'm a senior trader with 8 years of experience in the ag markets. I currently trade physicals only but have traded futures and options to a small extent in the past as part of my hedge book. I have experience in grains and a wide variety of other ag byproduct commodities. Feel free to ask...145
+23How was Investment Banking modeling done back in the day?Have always wondered this. Investment banks have been around long before excel - even back to the 80s and 90s - so how would investment banks and private equity firms create <abbr title="initial public offering">IPO</abbr> pricing, valuations, <abbr...23
+23AMA: From Pizza Delivery to Quantitative Research/Data Science/ProgrammingWhat is going on, everybody? I have been a lurker on <abbr title="Wall Street Oasis ">WSO</abbr> for a while and thought I would share a story with you. Here goes nothing... I worked full-time and went to school full-time pretty much all throughout school. Knowing I...32
+23JP Morgan HireVue Actual Interview Questions for Online Interview Just completed the HireVue for JP Morgan IB- FT Role. 7 questions, 30 second preparation, 3 min to record your answer. <h3>Interview Questions for JPM HireVue Interview</h3> Questions will vary based on the position. You can expect some of the following...95
+23Favorite All Time Quotes?I would like to present this question to all those in the <abbr title="Wall Street Oasis">WSO</abbr> community: what is one of your favorite quotes? Could be from absolutely anything. 130
+23I Knew Finance was for me When...As the title says. When did you guys decide "yep, I wanna be banker, crunch numbers and have no sleep". Was there any moment that pushed you towards finance or did you come out of the womb spitting valuations in the maternity ward? 61
+23What banker careers really look like: real private data<em>Mod Note: Throwback Thursday: this post originally went up on 8/22/12.</em> The most common arguments on WSO are about what it really takes to make it to Wall Street... and then what your options are if you get there. Working professionals come here to engage in witty banter...209
+23Transgender at a Hedge FundI currently work at a medium sized fund. My resume looks like what you'd expect, highly selective undergrad, good work experience, <abbr title="Masters in Business Administration">MBA</abbr> from a top 3 program, passed the <abbr title="Chartered Financial...45
+23Ditch The Computer Science Degree for Philosophy; Here's Why..Hey guys, This was a very interesting read, and really has me thinking about the what the world will be like a decade or two out. Mark Cuban, billionaire tech. guy, claims that in 10-15 years that computer science degrees will be less favored over liberal arts majors such as Philosophy....56
+23The Definitive Top 10 Alcoholic BeveragesLet's talk booze. You all knew the time would come that the discussion would branch out from my tried and true (WoodfordandCreatine™) and get more adventurous. There's no rules when it comes to alcohol, except obviously don't be a pussy. Try everything once. Also, girl drinks...66
+23The tormented worldview of Ta-nehisi CoatesTa-nehisi Coates is a writer for The Atlantic and a pundit who skyrocketed to fame in recent years for his writings on race in America. He has been awarded a MacArthur genius grant and showered with effusive praise from the mainstream media and liberals alike. Coates is a powerful writer indeed....52
+23Don't Masturbate. Don't Look at Porn.In fact, delete all your porn and your LatinaMilf links. I did a while back and it's helped my life immensely. Obviously, this is anecdotal evidence on my part, but if you want some real evidence: There are also a bunch of great Ted Talks (Google it) on why...92
+23A Day in the Life: Professional Baseball PlayerI figured that I was due for a Day in the Life post but with Major League Baseball’s playoffs in full swing I thought it would be fitting to do a post from my former life as a Minor League Baseball player. I played for two seasons and the following would be a typical day for a home game in...43
+23Goldman Sachs CEO's advice for young peoplePersonally, I am not a fan of Lloyd Blankfein</strong>, but I do admire the guy's background. He started out as a peanuts seller at the Yankee stadium and ended up running one of the world’s most prominent banks. In a recent interview, when asked what he advice he would give...51
+23Career Paths/Exit OpportunitiesI think this would be very beneficial to a lot of people on this forum, so if you could list your career path to how you got to your position you are currently in now from undergrad, as well as the firm or at the least the size, it would be very appreciated. Ex: investment sales (think...35
+23Best City To Live in is...What's your guys' opinion? Where is the best city to live in and why? Of course it depends on a ton of stuff: age, job, preference, etc... Mine is London but that's biased af because I spend most of my time there, if I visited <abbr title="New York...84
+23How much do you give your parents per month?Title. How much of your salary do you contribute to your family? What percentage do you feel is a suitable number for someone starting work? 66
+233 Tips for Non-TargetsWell I did it. I landed an offer to be a <span class='keyword_link'><a href="/guide/wso-internship-guide">summer analyst</a></span> at an investment bank. Breaking into I-banking from a non-target may be a more common occurrence these days, but it is...39
+23Sell Your Options Dearly: MARRIAGEAndy note: <em>"Best of Eddie" - while Eddie is on vacation we're throwing up some of his classic posts from the past. This one from June 2010 is part of the very popular "Sell Your Options" 5-part series. More to come later this week & next. If there's an...69
+23Dress Code in Real Estate Asset ManagementI want to share an experience I just had on my third week of being a first year analyst in RE <abbr title="asset management ">AM</abbr>. To give a little background, I work in a second tier east coast market (Atlanta, Charlotte, Miami, DC etc) working at a large <abbr...42
+23How to negotiate for more money during the interview process<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 9/22/12</em> So, this question keeps coming up, "if I negotiate with a prospective employer, will I piss them off or ruin my chances?"  I wanted to share the perspective of the person hiring...112
+23My Story of Breaking In (Summer BB IB)Hey guys, this forum had been invaluable for me in securing a summer analyst position within <abbr title="investment banking">IB</abbr> at a <abbr title="bulge bracket">BB</abbr> (MS/<abbr title="Goldman Sachs">GS</abbr>/JPM) and...30
+23Non-Target Freshman to Hedge Fund Internship <em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 5/29/14 and ranks #36 for the year by total silver banana count. You can see all our top ranked content <a...53
+23Managing Your Money - Building a Personal Financial ModelInspired by: <A HREF="//">I cant save money</A> <STRONG><EM>tl;dr: This could be the most important model you ever build.</EM></STRONG> <H3>Prologue</H3> When I started <abbr...215
+23Cold-Emailing Guide.Hi guys, I figured I would give this whole free online advice thing a try and articulate my thoughts on online networking. In my experience, the success of a "cold call" is largely determined by the communication that precedes it. I’ve never actually had to “cold call” in...211
+23How I Taught Some Kid a LessonHappy Boxing Day all you hosers and tea-sipping limeys. Here in America I've been back at work since late afternoon yesterday. Markets may be closed, but I woke up Christmas morning unaided by stims and I chose to head into the office as soon as my family left so that boss man could see me...13
+23Using , MBA as a suffixReasons why you shouldn't do this 1. Look at how frequently <abbr title="Top 7 MBA business schools">M7</abbr> <abbr title="Masters in Business Administration graduates">MBAs</abbr> do this and look at how frequently University of Phoenix...51
+23Keyboard Shortcuts - I'm a huge nerdI think we need a dedicated thread for huge ibanking nerds like myself who are always on the lookout for new and better keyboard shortcuts. Some have been posted in node 881 (link below) and I will consolidate those shortcuts into this thread. I101
+23Cars You Would Never GetWhat car would you never consider getting? I know many people that won't get luxury cars because they are depreciating assets. Nothing wrong with that but I'm looking for opinions on cars you wouldn't get because they're cliches or just plain bad.109
+23The best of the back (or middle) office?obviously most people here are <abbr title="investment banking division">IBD</abbr> or bust, but for those of us happy making a decent living and prioritize work and family time, what are some of the better roles in the <abbr title="back...62
+23What car should I buy?OK, so according to my parents I "still have my communion money" (I do, minus what I lost on Global Crossing) My GF recently blew up the tranny on my old Jeep. That means I need a new car. Prestige is a non-factor (thank you Manhattan) I Take the train to work, what should I buy for...80
+23Las Vegas 2018Fellow Monkeys, I am going on a Vegas trip in a few weeks and I wanted to share some advice on what to do and what NOT to do in Sin City. LV is my annual escape from the office and I’ve been burned hard while enjoying what the city has to offer. I don’t want any of you to waste your hard...41
+23My PE Recruiting ProcessPost #2: Update as of Feb 21, 2014 It has definitely been a stressful month. Recruitment has fully kicked off for me and I was surprised at the amount of traction I’ve gotten so far. With each interview, my responses have gotten better and I learned to <abbr title="balance...52
+23Why are senior bankers so tall?I've noticed that directors and managing directors tend to be taller than average people When bankers get promoted, do they grow an extra inch or two? Is the added height included in senior bonus packages? Do <abbr title="private equity">PE</abbr> guys get the same...29
+23Private Equity Resume Template - Official WSO CV Example<h4>Attached to the bottom of this post, you will find the Wall Street Oasis private equity resume template for experienced professionals, used by the WSO paid service and thousands of candidates to successfully land a job in private equity.</h4> For those of you with deal or...72
+235 Steps To Effective NetworkingSo ever since I've posted my story on here (<a href="//">"106 Rejections, 1 Success & Unquantifiable Perseverance"</a>) and the follow up post detailing a few lessons I...39
+23Hacks to Make You More SuccessfulI came across this article that discusses the benefits of a cold shower on your life. I have tried taking cold showers and find it is quite beneficial. I have heard that this is one of the habits of successful people as it improves your mood, reduces stress, treats depression, and can even...157
+23Ask DickFuld May 2015Ready to answer questions...265
+23Do you Support Trumps Tweeting Habits I was surprised when I saw a headline earlier today on CNBC <a href="">(link)</a>stating that 69% of Americans called Trumps twitter habit a bad thing. Not that I...96
+23Makena Capital For all interested in Investment Analyst internship at Makena Capital Management in Menlo Park... <h3>Interview Process:</h3> In California: (1) 45 minute interview on-campus with two interviewers and questions are simple like walk me through your resume, <span...30
+232019 NYC SA recruiting timeline pushed up to March/April? Currently a sophomore at a top undergrad Econ program. Hearing from friends at <abbr title="bulge brackets">BBs</abbr> in <abbr title="New York">NY</abbr> that first round interviews are going to be starting in Spring, around March and April. If...73
+23AMA: 2nd Year REPE Associate Wanted to do this since I have recently seen a trend of more <abbr title="commercial real estate">CRE</abbr> posts in general, and quite a few about REPE specifically. Brief background: -Not really sure if there's such a thing as a 'target' tranche for...71
+23I'm a VP in MM PE, ask me anythingI'm a VP in <abbr title="middle market">MM</abbr> <abbr title="private equity">PE</abbr>, ask me anything. Interview prep questions, industry questions, etc. etc. 165
+23Books that Changed Your Perspective on LifeHi all, I just wanted to start a thread for great books that people recommend reading in their free time. Any suggestions would be appreciated. Although finance book recommendations are great, I really want to start reading books that will change my perspective on the world. Cheers! 82
+23Best Lessons Learned From F&#%ing UpSome of the absolute best lessons you can learn in life come from f&#%ing up. Advice like "wear a condom" or "don't push that fart out after eating Thai food" or "don't eat pizza for literally every meal because your metabolism will slow down one day and...37
+23Here are the Target Undergraduate Schools in Canada**EDIT**: Changed rankings to place Ivey in 1st place instead of UBC Sauder PMF as people I've talked to think it's unfair to compare the top 7 kids at Sauder to entire schools. And, to be fair, the top 7 kids at Ivey/QC place comparably to Sauder PMF kids and Sauder as an entire...84
+23Is it weird to like working 100 hrs a week?I always preferred to work over 14 hrs a day and always felt the 40 a week is not enough. Since my job requires a lot of analysis and research, it is quite enjoyable to work all day. I recently saw an [article...56
+23Goals - What are yours?I'm in the process of writing out my short term, mid, and long term goals and I'm curious to hear what kind of goals you guys have for yourselves. For context, I'm 23 and I've noticed most of my goals are driven towards career and finances. I think this is because I feel...209
+23Investment Banking 2014: 6 Things To Know For MBAs<em>Mod Note (Andy): #TBT Throwback Thursday - this post originally went up on 9/22/14.</em> <em>This comment was originally posted in <a href="//">The decline of MBA...26
+23Your Craziest Commute/Road Rage Story?Hey all, Last week I was driving to class in the evening during rush hour, and witnessed a young teenager completely rear end someone's jag suv (the new f-pace) on the highway. The driver immediately got out of the car, opened his rear door - *and I shit you not* - grabbed a used diaper...34
+232017 Commercial/Corporate Banking BonusesI'm curious to see how everyone fared in terms of commercial/corporate banking bonuses this year. Especially interested to hear about people who are only 1-2 years out of school (however, please feel free to share numbers for all roles and levels) Personally: Bulge bracket commercial...103
+23What is the worst book you've ever read?Title says it all. We hear a lot on here about the best books to read, but what is a book where you've thought: "Man, that's 2-4 hours I'm never getting back"99
+23"If You Have Savings In Your 20s, You’re Doing Something Wrong"Slightly Buzzed rant: Let's feed into the retirement crisis the country is currently experiencing with this trash. Most of this I feel like is propaganda for people with liberal arts degrees that are baristas at Starbucks. Average 401k balance is $25k... across the entire spectrum, I am...60
+23Private Equity: How to Analyze a CIM Effectively?All, I work at a middle-market fund (started about 8 months ago here) and wanted to learn from someone qualified (associate level or above) who works on the buyside what the best and most efficient way to analyze a <abbr title="confidential information...45
+23Done123123Sorry had to take this away.69
+23Do's & Dont's - 1st Year Private Equity AssociateThere are a lot of posts on <abbr title="Wall Street Oasis">WSO</abbr> about <span class='keyword_link'><a href="/finance-dictionary/what-is-investment-banking-division-IBD"><abbr title="investment banking...41
+23What are you surprised is still around in the year 2018?Earlier this month, I asked what you guys thought would <a href="">be obsolete ten years from now</a> It got a shit ton of responses so going off of that, what do you are you surprised is still...71
+23Best Conversations You've Had With Bankers? What are some of the best informal conversations you've had with bankers at networking events, information sessions, <span class='keyword_link'><a href="/guide/wso-networking-guide">informational interviews</a></span>, or other events?...31
+23What I Look For When Hiring Junior Traders<h3>What makes a successful junior trader?</h3> I’ve been asked before what it takes to get a junior trader role on my desk, and there seems to be a prevalence of topics on the forums about how to secure a job as a junior trader. Having once been a junior trader, and now having...52
+23AMA: I’ve held Pre-MBA MM LBO, Growth Equity and Venture Capital investment roles for funds with $500M+ AUM to $5B+ AUMHi All - I'm ~5 or so years out of college. I did not do a formal 2 years of investment banking and was instead hired out of undergrad as an analyst at a fund. I've worked at several firms in several major US cities. I've worked at one smaller regional firm with $500M - $1B AUM...56
+23Macro Monday: The Middle East####The Middle East I was feeling ambitious, so rather than post on Microsoft (coming soon) I thought I’d step out of my comfort zone and try something different. I honestly think the piece is fantastic, and I hope you enjoy reading it as much I enjoyed writing it. *PLEASE NOTE: this...10
+23AMA From a Semi-Target Lower GPA to a Hedge Fund and Bulge BracketMy story to get to where I did is a very strange one. I went to a semi target school, had an OK GPA, didn't join any finance clubs, and had zero connections into the business. At this point I was pretty much shunned and didn't get any interviews at a bank, even regionals. I personally...18
+23AMA - Master of Real EstateI'm seeing a lot of MSRE/MRED questions lately as people are either choosing between programs, getting ready to start programs in a few months, or thinking about applying for 2018. I am a recent Master of Real Estate graduate and I know we have a lot of current and former students on...79
+23How to buy your first set of golf clubsFor a beginning golfer there are quite a lot of different choices of equipment and it can be quite hard to know what is best since most golf pros and retailers want you to buy a 400 dollar driver. In my humble opinion a used set will perform just as good as a new set but what matters is making...49
+23Real Estate Industry in a bubble? Was speaking with someone in my network (M7 <abbr title="Masters in Business Administration">mba</abbr> student, soon to be working in RE) about the amount of RE interest/activity on <abbr title="Wall Street Oasis">WSO</abbr> and he responded...92
+23A fatalistic view on life: Why most, if not all, of your success is from luckWSO's audience is incredibly motivated and driven to succeed, so I thought I'd reflect on success and the role that luck plays in it. My argument is that a significant portion, if not all, of one's success can be attributed to luck. This has been discussed on this forum before...121
+23Wharton MBA bound: things I wish I'd known during the app processHello all, I'm new to this forum but thought I'd kick things off by trying to offer any advice I can on aspiring b-school applicants preparing for the fall 2016-17 application cycle. <h3>Background</h3> I did consulting at a boutique for several years, was dinged w no...27
+23Evolution of the Financier<em>Mod Note: Each day we'll be posting the top <abbr title="Wall Street Oasis">WSO</abbr> forum posts of 2014. This one was originally posted on 1/6/14 and ranks #28 for the year by total silver banana count. You can see all our top ranked content <a...41
+22Why doesn't everyone invest in index funds? Can someone explain to me why every non finance professional doesn't just invest in low cost index funds? how can you beat the market when there are institutional/hedge fund investors that have more info about companies than you've ever dreamed about? The S&P has beat the...99
+22Advice From an Advisor to Senior Wall Streeters<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #22 and was originally posted 9/20/2015.</em> I'm so impressed by the thoughtfulness of the <abbr title="Wall Street Oasis ">WSO</abbr> community and I wanted to...13
+22Oprah Winfrey “our future president” ................................................................................................................................104
+22Special Sits PE Case Study Example<em>The webinar for this case is TODAY, July 6th, at 5:00pm EDT. If you miss it, it will be replayed for free on the homepage on August 6th</em> Even though recruiting season is not necessarily around the corner, I thought I'd share the below with the community. If anyone has...61
+22AMA: Investment Banking 3rd Year M&A Analyst3rd Year analyst at <abbr title="New York ">NY</abbr> <span class='keyword_link'><a href="/finance-dictionary/what-is-investment-banking-division-IBD"><abbr title="investment banking...83
+22Firm E-mail FormatsFellow Monkeys, If you're a non-target kid like me, you know the rules: network, network, network. Personally, I enjoy it, so I made a little list that might help some people out there like me: e-mail formats for a handful of firms you all might be interested in. I stole from a few...16
+22Demystifying GSO Capital (Blackstone)<em>Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #33 and was originally posted 6/9/2015.</em> I’ve been searching info about these guys for a while now. There are few threads on <abbr title="Wall...45
+222016 Summer Analyst IB Recruiting Timeline Megathread<em>Mod Note (Andy): Make sure to bookmark this page as this will be the cumulative thread for 2016 <abbr title="summer analyst intern">SA</abbr> <abbr title="investment banking division">IBD</abbr> info and added to the frontpage each week to...561
+22Jordan Peterson - An Answer to Unhinged 3rd Wave Feminism?I thought that since there are a few womens marches going on that today would be the perfect day to share this: Not an incredibly political person but I think that today's feminism has gone off the rails and that Jordan Peterson is one of...45
+22Leveraged Finance – 2017 UpdateThere are a number of threads detailing what the job of a leveraged finance analyst and associate entails. A number of these are a bit dated but still pertinent. Therefore, the purpose of this thread is rather to focus on a few lesser spoken about topics, which people may find interesting:...16
+22Firmsconsulting TCO ProgramHey everyone, I have asked this question before a few years ago, but wanted to ask again. Has anyone used Firmsconsulting services? Can someone vouch for the quality of the training program that they provide? I am wondering because they charge a very high $ for training for off-cycle...59
+22How Hungry are You to Win at Everything?@DickFuld" can attest to this truly inspirational quote: [quote]I want to reach in, rip out their heart and eat it before they die.[/quote] Japanese businessmen schooled Larry Ellison on competition by saying that the Japanese view competition as: [quote]Other people trying to...69
+22Gary Cohn out.He left <abbr title="Goldman Sachs">GS</abbr> with a nice chunk of change and hung in the Trump Administration longer than most. Will his seat next to Lloyd be warm or will he ride into the sunset? Predictions. Winner one month out will receive a prize.62
+22Trader Documentary - Paul Tudor Jones (Must See)Below is a link to the Paul Tudor Jones documentary video that shows him predicting the 1987 Crash (he tripled his money during it). This is a must see for any trader and shows the legendary trader in action before he became a billionaire. Although the video was shown on public television in...63
+22AMA: equity research analyst at top 3 AM**Note: as of 07 31 18 I will no longer answering q's on this AMA. Thanks for your questions and I hope some of the responses help.** Before I started in the industry I used to (somewhat anxiously) trawl <abbr title="Wall Street Oasis">WSO</abbr> for hints of what...66
+22Any tips for cold walk insI plan on driving to chicago from a city roughly 5 hours away. The goal is to cold walk in at as many investment banks as I can. Does anyone have experience doing this? Any tips? Keep in mind I have absolutely no warm leads. I plan on going in and asking for a hiring manager or MD depending on...162
+228 Rules to Live ByThe old guy here... A lot of people emailed me asking for life advice after I posted <a href="//">"15 career steps"</a>... Pull up your skirt and repeat diver John Chatterton's 8 "rules to live by." He...24
+22Worst Networking mistakesHey guys, I was wondering what are the worst networking mistakes you have experienced or heard of so far, especially for entry-level candidates? 41
+22I Hate [Interviewing] Millennials!I have been looking for an associate for a while now: smart, eager, ability to really dig into something. I don’t care if you came from a lesser shop if you can prove you got the fight and drive. So, I interviewed a dozen people and everyone has been pretty bad for the dumbest reasons. I...88
+22Starbucks plans to hire 10K refugees Well boys, where will you be getting your coffee at tomorrow? That's about one for every other store, considering they have about 20K stores globally. 86
+22Why can't I even get any interviews?Title says it all. I'm a junior at a top NESCAC with a 3.40 GPA in Econ, some solid finance experience my sophomore year and plenty of finance activities and leadership on my resumé. Additionally, I speak several useful languages and know basic coding in C++. My knowledge of financial...226
+22Do the humanities have value in today's banking world?I recently got to sit down with a partner at a major <abbr title="middle market">MM</abbr> <abbr title="investment banking">IB</abbr> firm (think Baird, HLHZ) who was a history major in college and we worked our way to the question of what value...82
+22AMA: I'm at the end of the WSO Rainbow and Profoundly UnhappyI'm in my early-to-mid 20's, I work in <abbr title="private equity">PE</abbr>, I'll make nearly $500k this year and I have no fucking idea what I'm doing. I went to the doctor. He said I drink too much coffee, get too little sleep, and drink too much...165
+22I worked on the Amazon / Whole Foods acquisition — AMA!Hi WSO! Since the <span class='keyword_link'><a href="/company/amazon" target="_blank">Amazon</a></span>/Whole Foods acquisition seems to be the "hot topic of the day", I figured I'd help pay back the community for all the...43
+221st Year HF Analyst taking questionsJust finished up a couple very long weeks at work and am feeling pretty generous at the moment. So, a little bit about me: - Non-target former varsity athlete/captain - Corp Strat to <span class='keyword_link'><a href="/finance-dictionary/what-is-a-hedge-fund-HF"...74
+22Would you live here for $200k?A lot of basis towards each coast and no love for the middle of this country. Would you take a job in one of the flyover states for $150k base, $90k(mixed Bonus) for 2 years then it jumps up VP, SVP ($400k base) etc? Corporate Development type of role with financial analyst mix. If so what...60
+22Do you ever feel resentment?Numerous times I've made it through numerous rounds of interviews to be shut out in the end. In the current process, I've had three phone interviews and they flew me in to meet the team one morning. Got a very positive phone call about three weeks ago saying the team thought I was the...72
+22How IBD Makes (or Loses) Money and Why that Matters to YouInspired by @CompBanker" 's post on <A HREF="//">"The Truth Behind <abbr title="private equity">PE</abbr> Compensation."</A> <span...9
+22Microsoft: The (not so) Evil EmpireAh, **Bill Gates**. Growing up, William Henry Gates III was the kid you loved to hate: With an IQ of 160, a today’s dollars-trust fund worth north of $20mm, AND politically connected parents, he was smarter than you, richer than you, and had a brighter future. <img...38
+22M&A Interview Questions - Beginner to Advanced QuestionsI have a set of <abbr title="mergers and acquisitions">M&A</abbr> interview questions I like to ask. <h3>Interview Questions for Mergers and Acquisitions</h3> In my career, I've only had two analyst / associate candidates answer all four levels...349
+22The Sunlight Hurts My Eyes...I want to start to bring back the douchey candor of LSO that we all know and love... Below is my morning, in the best Logan impression I can muster in my sleep deprived state... Hope you enjoy... As I wake after a near all nighter, the bulk of which was wasted tweaking valuation...23
+22In Response to “20 Things 20-Year-Olds Don't Get”<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 9/15/13. To see all of our top content from the past, click <a href="//">here.</a></em> Jason Nazar, a contributing writer for...58
+22When does the rat race end?I just finished my sophomore year and will be heading into <abbr title="summer analyst intern">SA</abbr> recruiting this upcoming fall. I am currently spending my summer at a boutique <abbr title="investment banking">IB</abbr>, and given the...124
+22Stereotypes of your industry?So every industry/job has its own collection of stereotypes, Some right off the bat: * Software engineers are nerds who wear flip flops to work and enjoy craft beer * Lawyers are sleazy liars who wear nice suits * Accountants are incredibly promiscuous people with wild sex...30
+22Why is Goldman Sachs the best firm?I know <abbr title="Goldman Sachs">GS</abbr> is considered the best in terms of prestige, but why is it like that? Is their culture any different from <abbr title="JP Morgan">JPM</abbr> or Barclays for instance, do they produce better/quality work?...45
+222018 FT/Off-cycle London Recruiting Timeline Megathread***UPDATED AS OF 10/01/2018*** Title says it all - the 2018 <abbr title="full time">FT</abbr> <abbr title="investment banking">IB</abbr> mainly covers the US schools so I thought I'd start one for London ones. BBs: Goldman: Closed...218
+22Wearing Deal Sleds or Loafers as an InternWould love to rock some this summer. Also any recommendations or guidelines in regards to the ankle hair? Trimmed? <h3>Can I Wear Fancy Shoes as an Intern on Wall Street?</h3> As a rule - you should be conservative when selecting your shoes as an intern. Even if junior analysts...26
+22Attached - Equity Research Template ExamplesHi <abbr title="Wall Street Oasis">WSO</abbr>, A lot of people have asked me for equity/industry analyst report templates. In response I have attached a few <span class='keyword_link'><a...55
+22Lying on your resume -- experiences, ethics, and strategies This might not sit well with a fair amount of people on here, but I've found this interesting since I've heard a few financial professionals say that this is an okay thing to do (to an extent). Has anyone else here made a small lie on their resume? (director of bullshit club,...80
+22Dirty Money Series on NetflixIf anyone has some spare time I would suggest watching the "Dirty Money" series on Netflix. Each episode is a separate 1 hour documentary about a separate topic. I watched two of them, one on how the short sellers figured our valeant pharm. and the other about the Trump empire. ...66
+22How many models did you build in your 1st year as an analyst?How many? What types of models? Would be helpful if you include what group and what size bank you are at52
+22AMA... 3rd year ER analystI have been an <span class='keyword_link'><a href="/finance-dictionary/equity-research-overview"><abbr title="equity research">ER</abbr></a></span> analyst at a <span class='keyword_link'><a...93
+22Marine Officer/Aviator Ask Me AnythingI'm pretty new to the forum and have been using it as a very useful informational supplement to my post-USMC career. I have been Pm'ed by several guys about flying/military in the short time I've been on the forum. I was also surprised to see how many of the young guys/girls were...84
+22The rise of RBC Capital Markets<abbr title="Royal Bank of Canada">RBC</abbr> Capital Markets made it in top 9 <abbr title="investment banking">IB</abbr> revenue in 2017, above UBS and below the rest of the <abbr title="bulge brackets">BBs</abbr>. Can any of...70
+22Some Red Flags During an Interview?What are some factors that we should look out for while interviewing, that would either * automatically ding us OR * We should watch out for from the company's side32
+22Martial ArtsAre you guys into martial arts? If yes, which one? I don't really have the time anymore but I loved it (Karate and Hapkido), great for keeping fit and less boring than just running and pumping iron. Maybe I'll see if I can return to Hapkido or start w/ Krav Maga.129
+22Credit Suisse 2019 SA MegathreadFigured that some of the BB's already have their threads but not <abbr title="Credit Suisse">CS</abbr>. Post any updates that you guys have about Credit Suisse's recruiting timeline (especially NY)!299
+22Summer 2018 Citigroup Summer Sophomore Leadership Program Hey guys, I just got an e-mail from Citigroup replying to my submitted application for the Sophomore Summer Leadership Program. It is just asking "to preference your business line of interest." I'm assuming the fact that I got an e-mail back is a good thing. Did a lot of people...207
+222017 APAC IBD Summer Analyst Interview UpdateDoes anyone <span class='keyword_link'><a href="/company/citigroup">know if Citi</a></span>, <span class='keyword_link'><a href="/company/bank-of-america-merrill-lynch"><abbr title="Bank of America Merrill...307
+22Goldman Sachs Veterans Integration Program (VIP) 2017Hello all! I didn't see any one mentioning the <span class='keyword_link'><a href="/company/goldman-sachs" target="_blank">Goldman Sachs</a></span> VIP 2017 yet so I will do the honor and start a thread for it. From my understanding,...81
+22Biotech finance: from IB to VC / HF to funded startupI worked in the healthcare IB group of a lower-tier BB, then was a biotech analyst at a $1.8B late-stage VC / growth equity fund / public equity fund, then founded a venture-backed biotech startup. I’ve also worked in advisory and BD roles with several startups and in finance and BD at...8
+22Exercising on the job I've never met an Analyst in banking that is overweight....or even portly for that matter. With how much you all work, when/how do you find time to exercise? 42
+22AMA - I quit my job as a bond trader to fight MMA in PeruA few years ago, I quit my job as a corporate bond trader to become a professional MMA fighter in Peru. I went to Wharton undergrad and interned in finance every summer on various trading desks. I wound up full-time on a prop desk as an analyst and got right into the grind. After two years, I...55
+22What makes someone a POOR Summer AnalystWe've seen and had a countless number of threads on what makes someone a GOOD Summer Analyst. What makes someone a POOR or BAD Summer Analyst though? (Apart from making repetitive mistakes in his/her work) To those who are already in the industry, do you have any stories? What kind of...46
+22My Biggest Career Mistake to Date: Prestige<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 10/1/12.</em> I occasionally get PMed by people at colleges I’ve never heard of before, asking if they have a shot at <span class='keyword_link'><a...108
+22Any fans of Instagram Finance Memes? (Arbitrage Andy, Litquidity, NYFB)Wanted to see if there were any other fans of these finance instagram accounts on <abbr title="Wall Street Oasis">WSO</abbr>. Absolutely hilarious posts on these accounts and there's a pretty dedicated community of 'FinMeme' accts on Instagram. Lmk if...45
+22Work Hard and Achieve Big Things: A Short Success StoryHello fellow monkies, Today, I wanted to share a success story. Unfortunately, this success story is not my own, but instead, my college roommate. Hopefully soon, I will be sharing my own. ###The Background: My college roommate has a ~4.0 GPA. He spends every day, morning to night, in...9
+22RESCINDED FT Analyst OfferI recently received an offer from a bank for a <abbr title="full time">FT</abbr> Analyst role, I accepted the offer both verbally over the phone and via email. A few days after accepting the offer (before progressing to sign the contract), I was called in for a...91
+22Would it have mattered if Trump stuck to his words? [quote]Eight years after the Great Recession ended, the economy is steadily churning out jobs, and the unemployment rate is at a 16-year low. Yet for most Americans, a key measure of economic health — pay growth — still lags behind pre-recession norms. That isn't likely to...61
+22Wall Street vs. Entrepreneurship I am very new to this but I thought I would post something I feel many of us students have thought about at some point in time. This may be more tailored to first-gen, low-income, students who attend non-targets. Can apply to others as well so feel free to critique? You spend hours at school,...97
+22The Allure of Investment BankingThough in recent years, many have highlighted the fact that the allure of investment banking has significantly dimmed given the multitude of undergrads wanting to head straight into the buy-side or technology. This however has not been a trend I personally agree with, as more and more students...107
+22Stock Pitch Sample Template - Proven Examples to Help Ace Your InterviewStock pitches have been a part of finance interviews since the dawn of man. People typically underestimate the importance of pitches in an interview, but think about it this way: if you’re interviewing for a position at any sort of financial institution - hedge fund, private equity firm,...36
+22CFA Results - 2015Today is the big day we've been waiting for/dreading since early June, when we peeled out of the testing center parking lots, burned our books, and went off to get drunk with our long lost friends. Level I & II results will be released via email today after 9:00 A.M ET. Level III...86
+22BankismsThat's right. All the nonsense that's said. 1. "We got to dig into the numbers" 2. "Those logos look blurry to me" ... Provide your best below.48
+22Biggest wastes of time in Private EquityWant to hear from junior <abbr title="private equity ">PE</abbr> monkeys what their biggest wastes of time are. I have to deal with a bunch of process bullshit, and I want to hear what else sucks up people's time. For example: - When first looking at a company,...57
+22AMA - Commercial Banking Credit Risk SVP in Southeast USAHowdy all, I'm a long-time lurker on this site, finally decided to post and say hi. About Me: - I'm a 10 year commercial banking veteran that got started in 2008-2009 going through a super-regional's <abbr title="Finance Leadership Development...52
+22Changing friendships when becoming successfulRecently I've had to think a lot about how some old friends, who have been close to me in the past, have greatly changed their behavior towards me after I have received life changing opportunities in my professional career. I come from a highly non-traditional background (think sports,...38
+21New H-1B Visa Bill to Double Minimum WageA legislation has been introduced which among other things calls for more than doubling the minimum salary of H-1B <span class='keyword_link'><a href="/company/visa" target="_blank">Visa holders</a></span> to $130k (currently set at $60k)....91
+21Paris Climate Agreement DiscussionIn a shameless attempt to farm some bananas during a slow week, i figured I'd stir the pot and see what everyone's opinion on the subject of the potential withdraw of the US from the Paris Climate Agreement, as the President is set to make his decision known at around 3 today. I can...52
+21Goldman Sachs Video InterviewMyself, and a few people I know of were invited to do the 15min video interviewers for Goldman Sach's IBD summer internship. However, I believe they are not interviews, but rather you recording answers. Anybody have any experience with this/know what they ask? <h3>GS HireVue Online...115
+21Common Pitfalls of Early Analyst Life & Unemployment<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #21 and was originally posted 5/1/2015.</em> I wanted to share some insight on what it’s like having been through a few things after graduating from college. For reference, I graduated from...19
+21For Those of You Unable to Secure Investment Banking Internships - Keep Your Head UpI know summer recruiting is winding down and a few of you are probably freaking out. There was another thread a few weeks ago called <a href="//">On Losing & Failure</a> that I would recommend reading if you haven't...28
+21What's the most $ you could lose for your firm w/ one click? Or how much damage could you cause with one error? one wrong click, one wrong number inputed do you ever get home and think "shit, did i forget to....." 44
+21Worst/most ridiculous things one can do on LinkedInHello there. Today, while browsing LinkedIn I bumped into a hilarious entry on the profile of one of the so called 'incoming summer analysts: This is what I call a magnitude. ITT share your best findings from LinkedIn.. 88
+21hot car but no hot girl - HELP!okay guys, i am in a very difficult situation. I have a very nice car, 2006 bmw z4, that gets me compliments all the time. there is this incredibly hot girl at work that i like but i've never talked to her before since i have nothing to talk to her about. i figured that i could use my car...101
+21Farted in Pipeline Meeting - Advice needed immediatelyIt was horrible. Smelled like someone killed a fat skunk with an egg stick. The two MDs in the room gave me the most evil stare I've ever seen...even worse than when I royally screwed up on a deal. Any help on what I should do to apologize? Thank goodness a couple analysts were there to...37
+21Is investment banking not as prestigious as most people think? Are kids that break in sub-par?I think we've all already come to the conclusion that Investment Banking certainly doesn't pay as well as it used to when you adjust for the cost of living, but is it still prestigious and does it still have good exit opportunities? Does breaking into banking mean you're a...114
+21I am FAT and SHORT. How can I increase my chances of being RESPECTED and HIRED?DELETED for very important reason... 42
+21Most hated people in finance?Who are some of the most looked down upon people ever in this industry? Martin Shkreli immediately comes to mind, but who else?64
+21Thoughts on Mumble Rap?What do you guys think of this generation's rap? Since its inception in 2011, mumble rap has taken off like crazy. Migos, Future, MGK, Lil Pump, Lil Xan, Lil "*insert random name*" and all these other "rappers" these days just don't give a damn about their...55
+21Allen & Co. - An In-Depth ReviewIn browsing this forum, I’ve come across some misinformation (or none at all) about Allen & Company. The firm has historically been shrouded in secrecy…until today. Hopefully, I can shed some light on this super-secretive firm. All information was gathered through online resources and...33
+21Boss going to get me fired [Comment has been deleted as I don't want to be identified, but thank you everyone for the advice!] 39
+21Venture Capital Associate Fielding Questions<em><strong> mod (Andy) note:</strong><em> this was originally posted in July but he's still answering q's for those interested in <abbr title="venture capital">VC</abbr>. In following the solid threads of the 10x leverage,...145
+21Global Macro's Future "Stars" - Where Are They Coming From?What professional backgrounds are today's and tomorrow's top global macro minds coming from? And how much does the environmental backdrop help explain this? Pretty simple question, but I think it's interesting to note the following trends for context. The first generation of...35
+21What is life like at no-Bulge Bracket Investment banks?You will always hear about daily life and exit opportunities at <abbr title="bulge brackets">BBs</abbr> and Boutiques, but what about other large banks like Mizuho, Nomura, Wells Fargo, HSBC and etc?49
+212017 McKinsey insight and BCG bridge2BCG status updates for APDHi everyone, I would like to start a thread for 2017 <span class='keyword_link'><a href="" target="_blank">McKinsey</a></span> Insight and <span class='keyword_link'><a...208
+21Anyone else miss school?Hey guys, I've been working for about a year now and have realized that I kinda miss going to school. Anyone else feel that way / don't feel that way? Curious to hear thoughts.37
+21Was life, at least the fun and social aspect of it, supposed to have peaked in college?Outside of work, this has been a big theme for me and something that has occupied a great deal of my thoughts being in my 20s. I am still in my 20s so maybe an older soul can give more insight into all of this. While it seems like after college you start to make more money and become...157
+21How PWM really works (part 1): past, present, future, and $$$Hey guys, Andy had asked me a while ago to do a blog on <span class='keyword_link'><a href="/finance-dictionary/what-is-private-wealth-management-PWM"><abbr title="private wealth management">PWM</abbr></a></span>, so I figured...60
+21RE / REPE - What is your typical day to day like?I thought it would be cool if guys here can give their "day in the life" from 9am to whenever of a typical day for them at their current role/company. I think it would be great for inexperienced guys like myself to see what is like formguys here from development to brokerage to REPE...33
+21How much do you put into your 401k?Right now I'm at 11%, but with equities getting so high, and I definitely have a fear of heights this extreme, I feel like I'm better off getting the cash. Thoughts? My company only matches up to 4% so was thinking of dropping to 5%. Note: if you cold list seniority (analyst...78
+21Quitting major Investment Bank in NYC after 2 months...?Hi guys, I am in a weird situation and would love to hear out some opinions. Two months ago, I started working as and <abbr title="investment banking division">IBD</abbr> analyst at one of the top 3 <abbr title="investment banking">IB</abbr> banks in...98
+21Note to People Networking - Don't Copy & Paste EmailsFriendly piece of advice - if you're sending out networking emails, please don't copy and paste them word for word with the only thing that is different being who the email is addressed to, especially if this is after some event and not an out of the blue cold email. I was in my...34
+21Resume and cover letter - a reviewers perspectiveI just read through a stack of cover letters and resumes to prepare for a summer intern interview day. Here's some comments from the perspective of a late 30s banker on the interviewer side of the table. <br><ol><li>Every cover page and resume looks the same. I skim...65
+21I'm nervous about ring for herI'm looking for where to buy a ring and found this (redacted spam). What do you think of it? Whether you are deceived there or have you heard something about it? Tell me, you've already gone through this. I'm nervous!30
+21Ask an ex-IB MD anything.........<em>Mod Note (Andy): Don't miss his webinar coming up this Sunday! "<a href="//">Hedge Fund Investment Pitch</a>" You can ask me anything. I know there are probably a lot...171
+21Keeping Up with the Zuckerbergs (Learning About/Staying Up-to-Date on the Tech Industry)Now that I’m in the real world (and working in tech banking), I hear from a lot of students claiming they’re interested in working in/around technology, and asking for advice on how to learn more about the industry and keep up with trends. In order to save myself some time and not be forced...32
+21Harvard Scammed by 23-Year Old<em>mod (Andy) note: "Blast from the past - Best of Eddie" - This one is originally from May 2010. If there's an old post from Eddie you'd like to see up again shoot me a message.</em> You'd think creativity would count for something. Adam Wheeler, a...74
+21MM IBD (Analyst) > MM PE (Associate) > MM PE (Senior Associate) - Here to answer any and all questions!Currently a Sr. Associate at a well-known $1Bn+ shop. Long time lurker and first time poster. Given all the misinformation and misguided advice so prevalent on this site, I'm here to (hopefully) provide some real advice to private equity hopefuls. AMA!47
+21TRUMP TAX PLANLeave it to Trump to come up with something really simple. Simple is good! Not that a lot of brackets have ever been a challenge in calculating tax, but we’re going to be going from seven to three. Here is the tax plan, in a nutshell (I hate that phrase): 3 brackets: Less than $75K:...71
+21I'm going off to college tomorrow, any advice? So this is a little off topic, but I'll be heading off to college tomorrow. I'm looking for some general advice that any of you guys may have regarding what I should expect on my first day at college. Thanks. Edit: Just wanted to say thanks for all the comments and the advice....85
+21Common Hotkeys - What do you use?Monkeys, I've been trying to find online if there are any macros or hotkeys for the paste formula option. I find myself using this option all the time in my modeling and really can't find another method quicker than just right clicking and clicking paste fx. If anyone has any advice on...73
+21why German culture is far superior to American cultureYears ago Wal-mart completely flopped with employee training in Germany. Instead of feeling welcome, a lot of Germans were put off by randomly smiling greeters/cashiers. They simply wanted to be "left alone". Having lived in Munich, Hamburg, and smaller towns (Erfurt), it took...63
+21How does Trump influence your opinion about RE developers / investors?For the record: I'm anti-left, so this isn't some liberal rant. Every time I listen to Trump I am astonished how incoherent he is and how we answers questions. He seems like a sub-120 IQ person to me. He simply does not sound like an intelligent person. I suspect some of this is due...86
+21Ask Me Anything: Post-MBA IBD Associate at BB (NYC)<abbr title="Wall Street Oasis">WSO</abbr>, I’ve been a long time lurker, but just recently started posting on this site. So to give you a little background: I graduated UG from a semi-target college (think UVA/UMich/CMU) with a humanities degree (think Political...95
+21Best Non-Fratagonia Vest Guys, I look around and there is Patagonia everywhere. I need a new vest but I refuse to look exactly like every other guy in finance on a casual day. What are your suggestions on the next best vest? Thx 59
+21What Are You Committed to Learning in 2017?<p>This will be my last post of 2016, so before I get into it I just want say thanks for a great year (or half-year) back at <abbr title="Wall Street Oasis">WSO</abbr>. It’s been fun for me to explore some topics with y’all that weren’t necessarily finance...52
+21Gas Station, Car Wash, Fast Food - Owning Unsexy BusinessesMost entrepreneurs my age seem to be focused on creating the next amazing app or website, which frankly bores me because I'm not a tech geek. Anyone else give much thought to acquiring an unsexy business like a gas station, car wash, fast food restaurant, etc., and then building out an...229
+21It's Time For A Maximum Voting AgeI thought it might be fun to start this new series of weekly posts with something not necessarily finance related, but something we're all sure to have some thoughts on. However you feel about the recent Brexit vote, one aspect of it really stood out: the disparity between older and...125
+21Non-Target Recruiting Guide Part I: Resume and NetworkingHi everyone, I just accepted an offer for the summer of 2019 from my dream group at a <abbr title="bulge bracket">BB</abbr>. This website has been invaluable to my recruiting efforts both in terms of interview preparation and networking. I wanted to do my part and write...11
+21Accounting vs Finance: Part 1 – Career PathsIn this 4 part series I’ll be covering in depth the differences between a typical career in accounting starting in (Big 4) public accounting, and a typical career in finance starting in investment banking. First up in the series is a long term look at the career paths of...44
+21WSO 2017 Investment Banking Industry Reports Released. Salary, Bonus, Employee Satisfaction, Average Hours Worked and More...Dearest WSO Members and Visitors: I am excited to announce the launch of the <a href="">2017 WSO Investment Banking Industry Report</a>. You may remember several years ago we released something similar...24
+21Fraternities and SuccessAs I was scrolling through Bloomberg today, I was surprised to see an article about <a href="">Fraternities</a> and how at one college studied, joining a fraternity resulted in...36
+21What are two conflicting viewpoints that you hold?One of mine is that I believe people should have the right to associate (example: do business with, date) with who they want, but I also believe that to discriminate against a person because of something they have very little to no control over, such as ethnicity, is wrong. What are some of...48
+21What will be obsolete in 10 years?Some of my thoughts: Facebook, 99% of crappy cryptocurrency and ICOs, my virginity, etc. On a more serious note, what industries, technology, jobs, practices, etc do you think will become obsolete?75
+21Let's Talk RussiaI got bored supervising the park today and tuned into the US House Intelligence Committee hearings. After several glasses of Canadian Club and chocolate liqueur, I took to the internet and found myself balls deep in Russian geopolitical philosophy. A book called *Foundations of Geopolitics*...100
+21If you were to start all over again, what would you pursue and why?The title basically says it all. What would you do differently if you were freshly out of school today versus back when you started your career if your goal was just to make as much money or be successful as possible? Curious to hear from people on <abbr title="Wall Street...208
+21Names - Do they affect job prospects/opportunities?This thought recently occurred to me; does an individual's name have any impact on job prospects? On one's resume, name is often the first words recruiters see, and they can often make a lasting impression. No, I'm not talking about immigrants/foreigners, but native Americans...114
+21What Advice Would You Tell Yourself When You Were in University?Hello WSOers, If you could give one piece of advice to your small balled freshman self going into university or early into your career, what would it be? Shed some knowledge you learned from your experiences, and let the young bucks on this website learn more from this post than they did...90
+21Is Apple losing grip?Is it just me or is Apple losing it? Their idea of innovation seems to be removing ports/plugs from the core and then creating expensive adapters to replace them - makes no sense for the customer. And now, in the era of touch screens, they come up with an Apple Touch Bar for the new...56
+21Teller's Comprehensive Guide to Diversity RecruitingI'm creating this thread because I think that diversity recruiting is a powerful tool that is very much underutilized. Just about every <span class='keyword_link'><a href="/finance-dictionary/what-is-the-bulge-bracket-BB"><abbr title="bulge...111
+21How Hard is College?For any current college students (or former students who remember their college years), how many hours during the week do you dedicate to studying/doing homework for each class? Also, as a side question, do you feel as though college has gotten easier or harder over the last, say, 10 years,...61
+21Energy Trading 101: The Crack SpreadGood afternoon, monkeys. Listen: A crude and natural gas midstream firm like MarkWest Energy Partners and an oil refinery in the middle of Alabama will have different price exposures, and thus require different hedges to protect themselves in the event of future uncertainty. While not...25
+21Biggest Office Pet Peeves State your grievances, a couple of my big ones: The person who makes every meeting run over because he interrupts after every other sentence to ask for clarification. Working with someone who is so type A that they make small changes to your work just to feel in control. That manager...83
+21MTV has a message for "white guys"Well if you were wondering what sort of idiots ruined a great brand, here they are in a video: I could say lecture about inclusion but instead I'm just going to say if you're "triggered" by this just go to your safe space and...49
+21How do you deal with "bad" associate? 8 month into my once-dream <abbr title="bulge bracket">BB</abbr> <abbr title="investment banking">IB</abbr> job, I definitely have more to love than hate - but I am hitting an issue of how to handle the "bad associate" situation, and I wonder...40
+20If you could live in any city long-term, which city would it be?If you could land your dream job in any city you wanted, where would you like it to be? A city where you could live in for the next 20 years and be as happy as a clam in. Where would this be and why would you choose it? I'm gonna specify that it has to be a city, not a surrounding...95
+20Starting Post-MBA Megafund PE - Ask me Anything (AMA)Have a few weeks before starting my post-MBA <abbr title="private equity">PE</abbr> role so figured I'd try to give back. I've been a long-term lurker and infrequent contributor, and would love to help with any questions you guys might have. Quick background...42
+20Suing a former employerObviously this isn't a topic to bring up in an interview, and you want to push this discussion off as long as possible, but when asked "May we contact your previous employer?" or " What would your current employer say about you if asked?" how should you answer if you and...23
+20How to Beat Post-Lunch DrowsinessAs title suggested, in a sustainable way. Coffee does not seem to work as effectively as my morning cup. Thanks guys. 72
+20Was it wrong for Google to do this?I read up on [this article]( from WSJ. So recently, Google was hit with a massive $2.7 billion fine from the European Union over using it's market power dominance to promote their...63
+20Non-target -> 3 Superday Rejections -> Dream FT AM OfferLike many users, <abbr title="Wall Street Oasis">WSO</abbr> has been a major resource for me. Not just in information but also hope during times when it wasn't so easy or I didn't think it was possible. I've really enjoyed reading success stories, and I...10
+20Salary progression for F500 Hello Monkeys, Long time lurker here. Thanks to this site I have been able to work my way into a F500 FP&A Financial Analyst from a complete non-target that could be considered a notch above community college. I am starting at 70K which is solid (low COL city) but I was curious as to what...68
+20Le Pen and Macron advance to second round of French presidential electionMarine Le Pen and Emmanuel Macron will advance to the second round of the French presidential election on May 7th. As of last night, the vote tally stands at: Le Pen: 23.4% Macron: 22.9% Fillon: 19.7% Melenchon: 18.6% Thoughts and comments? Who are you rooting for? For the...122
+20Character: A valuable trait developed through adversity.There was a time when the term character was used to describe the quality of an individual. People of character were individuals who made good choices in spite of difficult situations. They chose to meet the challenges when they were tested by adversity. As a result of their actions and the...21
+20In theory you never broke in, what are you now?In theory you failed all of your interviews and never landed the <abbr title="full time">FT</abbr> position you have today, Where are you now?82
+20Women and Social SignalingI just had an interesting conversation with a friend about social signaling in the context of dating. A common friend of ours just bought a McLaren. I recon that car is not cheap (Google did not seem to help - 100k? more?). Not that he can't afford it (he's a quant trader at a...41
+20Anyone seen Star Wars The Last Jedi? How was your experience?Love it or hate it? When are you going to see it? I went to see it on Friday and I personally loved it! Please share your thoughts here!73
+20Hardest Behavioral Questions You've Been AskedI've seen the thread with the hardest interview questions that was a great resource. However, I wanted to ask you fellows what is the Hardest or most interesting behavioral questions you've either been asked or heard about?52
+20DAMN. Wins Pulitzer Kendrick Lamar received a Pulitzer Prize for the rap album DAMN. So, now all you rich, preppy, ivy-educated finance nerds have a reason to go out and listen to it at least once. Report your critiques, dislikes, or praises of the decision here. Seriously interested in thoughts, though. 57
+20Most Memorable Earnings CallWhat is the most memorable earnings call you have come across? I remember one from Enron where the CEO insulted an analyst in response to a question about its cash flows. <abbr title="JP Morgan">JPM</abbr> has some good ones as well given the temperament of Jamie Dimon. 27
+20How To Get Into The Undergraduate Program At NYU Stern: A Quick GuideHello Stern hopefuls. I am currently a student at Stern, and in an effort to procrastinate applying for internships/jobs next summer (yes, it starts this early) I decided to write some things I wish I knew when applying to Stern. Being one of the only direct admit business school programs in the...27
+20Having a Life vs. Career - Thoughts on the 'Work-Life' Balance**Preface:** Forgot to mention... This was a couple of girlfriends ago. Remind me to never date another Eastern European lady... Thanks all for the feedback. Not sure why I had a relapse today. Hump day strangeness. TLDR, Some girls are truly not worth it and toxic debt, sell order. Weigh all...86
+20Free Resume ReviewsI am doing some work with U of Houston on resume prep so working on getting more exp on helping students with their resumes. Only way I know how is to actuallty review and help. Join <span class='keyword_link'><a href="/tag/energy-trading">energy trading...34
+20The Street Before Christmas 2013Merry Christmas Monkeys! </em> <center><h3>The Street Before Christmas 2013</h3><br><h4>by Eddie Braverman</h4></center> <center>'Twas the Street Before Christmas 2013 Just two days before the Wolf hits the screen Spinning the...20
+20If your parents are really rich and are willing to pay for your lavish lifestyle, would you still work?Some people have rich parents with money to pay for their next few generations of children and grandchildren's upper-class lifestyles. But, if you had parents who would buy anything you wanted and supported all your desired living expenses. Would you still work at a job? How important is...44
+20Coffee meeting gone wrong - Can I bounce back?Hi monkeys, I met up with an MD at a <span class='keyword_link'><a href="/finance-dictionary/what-is-the-bulge-bracket-BB"><abbr title="bulge bracket ">BB</abbr></a></span> for coffee today and it didn't really go well....58
+207 Tips for Office / Holiday Parties Assuming you're there purely to improve your career prospects, here are the keys to the kingdom young padawans. <h3>0. The Preparation: </h3> is this a holiday themed party? is it business casual? business casual is hard to fuck up, but if it's holiday themed,...67
+20I’m back. CUNY to Banking. AMABeen a while since I’ve posted here. It all started a long, long time ago. 2006, by my count. Here it is 12 years, two home and three kids later. It’s been a hell of a ride. I started in ops making around $35k a year. I’ve added around $225k to that number since. I’ve done that by being...32
+20Help me select a new show to watchEnjoyed watching Billions, House of Lies, and started watching first season of Suits but decided that it's not for me. What shows are you guys currently watching and can recommend? 64
+20Marriage?Are you investment bankers better off marrying a girl who’s also working the same job in investment banking? I feel like they would understand the obscene workload and long hours. And the combined income could also reach up to a million for the family in the long run. Or would you prefer a...44
+20Real Estate Side HustlesWhat types of real estate side hustles do people have? My intention is to work in real estate in a full-time capacity, but also have a side hustle like owning my own commercial properties or being a broker. I would like to hear of anyone's experiences with their real estate side hustles and...40
+20Black Women in IB - Experiences?Hey Everybody, I have read a few posts about African Americans in <abbr title="investment banking">IB</abbr> and there are a slew of forum topics about females in <abbr title="investment banking">IB</abbr>. However, I haven't seen a post about...134
+20What is your favorite building?For me, I'd have to say the Le Mont-Saint-Michel in Normandy France. Something about a huge castle on a tiny island close to shore. Also the Musée d'Orsay in Paris. Brings be back to a different time. P.S. Not french Whats your favorite building? Can be both new and old. My...75
+20Long TSLA: History Repeats Itself (Money Where Your Mouth is Edition)###**A Blast from the Past** It has been 5 years since @Whitehat" performed financial Seppuku and paid for my kids’ college education (thanks @WhiteHat"!), and the consensus is the same now as it was then: Musk is a charlatan, Tesla is going under, and CuriousCharacter is an...48
+20Drinks for getting shmacked Hey boys, If you have only ONE HOUR to get absolutely dinkered, what is your go to drink? My go to: 151 with a twist of lime. Always have one of these puppies sleeping in the desk.93
+20How PWM really works (part 4): Misconceptions, how we invest, choosing a broker, and my AMAHey everyone, this is way overdue, but I wanted to give it a shot anyway. For my 4th and final blog on <span class='keyword_link'><a href="//">PWM</a></span>, I wanted to...86
+20Career experts recommend you put some ridiculous stuff on your LinkedInShould I put “Incoming Investment Banking Summer Analyst @ <span class='keyword_link'><a href="/company/jpmorgan-chase">JPMorgan</a></span> Sachs” on my LinkedIn? We see these posts on here get blasted pretty often. We all know <abbr...37
+20Forego the Facial Hair?I’m not gonna lie – I’ve got a pretty sick beard. None of the scraggly B.S -- we’re talking thick, we’re talkin’ rich… like if Jack Dorsey and Bryce Harper and a baby that was a beard. (before, of course, Bryce shaved). But when I watch CNBC, other than the...46
+20Injured both of my legs, what should I do about pants for the next 4-6 weeks?Hey guys, I managed to hurt both of my legs on a labor day weekend trip with my cousins and older brother. We were doing our annual labor day trip to the lake house upstate and I came up short while jumping off of a cliff (think 10-15 feet above the water) into the lake below. Both of my legs...36
+20Fintech is going to kill Private Wealth Management jobs?So it has been clear to me that algorithms will eventually be capable of doing everything that a traditional wealth manager is. Given this trend, I, rising junior, am a bit worried about being able to even have a job in the industry, and am even considering starting a robo-advisory as a method...82
+20My Life - How I got into PE This is my story of how I got into <abbr title="private equity">PE</abbr>. Just want to point out that there are some non-standard paths out there. I thought I would share it if it can inspire some kids on the website. <strong>Below is the full story, but from all...45
+20My review of online dating sites If you are a single straight guy living in <abbr title="New York City">NYC</abbr>, you would be doing yourself a great disservice by abstaining from online dating. Yes, I used to look down on these apps as "beneath me," something only desperate losers use. That...348
+20What excuses do you guys use to take time off for interviews?In my experience, interviews are scheduled just 2-3 days in advance. This is extremely short notice to take a half day or so off work (depending on anticipated interview time, and location). I'm sure a lot of you work long hours, in a somewhat fast-paced professional environment, how do you...81
+20Just Living the DreamDude next to me answers every "how's it going" with some variation of "you know how it is; just living the dream, man". Little background; He's vegan and almost sounds like the Dude in his laid back nonchalant manner. I know it's standard corporate generic...129
+20What do boutiques do when there are no live deals?Hey everyone, I´ve been lurking for a while now but this is my first time posting. Sorry if this is a rookie question or has been answered before, but what do small shops do when they have no live deals? I know the senior bankers would be out looking for clients, but what about analysts and...54
+20Case study interview for MBB consulting - 24 of my best tips on how to get inAs a former <abbr title="McKinsey, Bain and BCG">MBB</abbr> case interviewer, I've interviewed a lot of people and have seen people make very small, avoidable mistakes. It's often very nuanced things that push the edge to good versus great. Just because you...23
+207 Things I've Learned About Being A ManagerYou've just gotten that promotion and now you're in charge of a small team. Congratulations! And welcome to middle management. All the hard work and the knowledge you've developed about everything your firm does these past few years has been noticed. But, now you have a small...32
+20Marxists/Socialist.... why are you into finance if you are against capitalism?Self explanatory title. If you are a Leftist, SJW, someone that believes in Marxist ideals or someone who believes in "YOUR Version" of Socialism... how could you work for an "evil corporation"? Short of saying you are the Leftist equivalent of Ron Swanson from Parks...64
+20DB Oil & Gas Primer 2013I've been getting a lot of PM's for this primer so I thought I upload it here. Cheers,29
+20Horrible Boss or is this Wall St?Hello Everyone, I'll keep this short and sweet. I took an <span class='keyword_link'><a href="/finance-dictionary/equity-research-overview"><abbr title="equity research">ER</abbr> job out</a></span> of school (after...66
+20Breaking into Banking is NOT Like Applying to College<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 1/14/13. To see all of our top content from the past, click <a href="//">here.</a></em> I have seen a ton threads like "Chance...119
+20Small Changes That Make A Huge DifferenceRecently, I have been interested in small changes that make a huge difference to your life..anyone got suggestions? A few of mine are: -stopped eating sugar - was addicted. Now I feel unbelievable -set up a direct debit from current account to an investment account every month.34
+20In This Business, You Need A Hobby—I’m A DJ<em>Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #30 and was originally posted 9/6/2015.</em> <em>Mod Note (Andy): WSO readers qualify for a $100 discount to Jared's Daily Dirtnap daily market...39
+20Barclays Power & Utilities: Welcome to the JungleWow <h4>The Ten Commandments for Wall Street Interns</h4> [quote]Incoming Intern Class of 2015, Welcome to Power! I am sure you are all busy at training, but in the interest of helping your transition into the summer, and hopefully helping some of you secure Full-Time offers,...146
+20To All Freshman and SophomoresSo I have been asked twice in the past week by ambitious young monkeys "What are the best sources to learn to build a <span class='keyword_link'><a href="" target="_blank">financial...25
+20Best Cock UpsMonkeys, I was reading someone else's post about war stories, wanted to kick off a thread about the best cock-ups you've seen, or maybe your 'friend' committed. My personal favourite: First year analyst (kid is a rock start) is sitting in the cab with three MDs on the...67
+20The Ultimate Guide to Bitcoin<center><img src="" alt="" /></center> <br> <img src="" width="100" alt=""...2
+20Private Equity: How Many Models and Bottles Can I Really Buy on the Buy Side?I was startled to realize over the past Thanksgiving weekend that apparently my 4 years of collective indentured servitude at a bulge-bracket bank and mega-fund was of particular interest to people at WallStreetOasis. As such, I have decided to undertake to the best of my abilities a blog where...27
+20To All The Future Investment Banking ProspectsHope everyone is having a great day so far. I just wanted to take a couple of minutes and write a post for all the monkeys still in school hoping to pursue a career in investment banking and the monkeys who are currently interviewing and on the job hunt. I am currently in my third year as an...7
+20I did it.<em>mod note: this was originally posted on 6/25/12; definitely one of the most inspiring stories of the year posted on the site</em> I finally landed a <span class='keyword_link'><a href="/finance-dictionary/what-is-the-front-office-fo"><abbr...72
+20Unbelievable! Detailed WSO Success Story: How I Broke into Equity Research<em>Mod note (Andy): this was originally posted on 8/15/12</em> Hello fellow monkeys, I wanted to take some time to write this because I definitely owe it to this community. Last week, I was given a verbal offer to work in Equity Research full-time, at a well-known bank,...115
+20How I'll survive graduation and you will toMy fellow Graduating Monkeys, By now you’ve walked across stage and grabbed your hard earned diploma. You’ve learned everything from how to cram for tests, change your major (multiple times), and put in the minimum effort to achieve the greatest return. If you had any sort of social...12
+20Day in the Life--Middle Office (Risk)Congrats, you've made it into the middle office. What is the middle office? Definitions vary, but think risk management, certain accounting roles, corporate treasury--broadly speaking, you interact with the business divisions on externally-related (i.e. client, funding) topics,...42
+20Bumps along the way, but finally moving in the right direction...Primates! Today I'm going to tell you a little story. No, it's not the <em>"walk me through your resume"</em> story that must have precisely 3-4 jumps, with a positive and negative at each juncture that logically progresses to a career in <abbr...36
+20Can we get a STICKY for our RE board for a) Underwriting models to be posted/shared; b) Current salary comps across industryWhat do you guys think? This would be very useful to many of us.82
+20WSO 10 Year Anniversary: THANK YOU (10% Off Site Wide for Month of July)As we approach our 10 Year anniversary, I'd like to thank the thousands of members that have made WSO an incredible resource to millions of readers. The last 10 years have been an amazing ride and I can't wait to tackle the next 10! As part of our celebration, we thought a 10% site...29
+20Why do double/triple digit millionaires still work?Let's assume Joe is 45 and has a net worth of $20 million. He could comfortably live (for the rest of his life) and spend $500k-$750k per year. And this is being pessimistic since it is assuming little to no investment income. That's 10x the salary of the average American worker,...48
+201st Big Boy Paycheck - Keep your heads up!Dear fellow monkeys, I've been meaning to write this for a month or so now, but hadn't gotten around to it. The reason I felt I had to was because it could be of some use and/or inspiration to many of you out there still looking for a job, and just so you know, there is hope for...19
+20DCF Myth 1: If you have a D(discount rate) and a CF (cash flow), you have a DCF!<em>Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #35 and was originally posted 2/24/2015.</em> Earlier this year, I started my series on discounted cash flow valuations (<span...19
+20JP Morgan Private Bank - Compensation Ladder & Lifestyle?Hello fellow primates. This is my first post on <abbr title="Wall Street Oasis">WSO</abbr>. I've done lots of searches on this site and elsewhere on the web concerning this topic already and I've found very little information concerning salary and bonus levels for...204
+20Would you still do it?Hey all, I was just curious. If <abbr title="investment banking">IB</abbr>/<abbr title="private equity">PE</abbr>/<abbr title="hedge fund">HF</abbr> didn’t pay so good, would you still do it? If money is the only desire,...52
+20Ask Me Any Question You Have About Prime BrokerageI realized that there really isn't much information on prime brokerage on this site, even though it has been a significant source of revenue at bulge bracket banks under the S&T umbrella. I currently work in this industry (one of the big players GS/MS/JPM/DB) and am here to answer any...127
+20Biggest mistakeWhat is the biggest mistake you've made on the job? Curious to see how bad things have gone and how they were handled. 48
+20Corporate Finance Q&A with accountingbyday, BJM85, STorIB, and djfiii<em>mod note: this very informative q&a was originally posted on 2/12/12</em> <a name="top"></a> UPDATE 2/22/12: Over 20 questions and 50 responses added so far, keep 'em coming! I also took the bold away from the questions by popular...137
+20Long TSLA Update: Smartest Guys in the Room*"You could then go twice long the market, be short my portfolio, and have 2X the market plus a few percent, minus your cost of the additional carry. And that's the proposition, and that's why short selling alpha is so prized in the marketplace when you can find it, because it...20
+20Shell Trading Development Programme Assessment/InterviewI just received an invitation to take the Shell TDP assessment, and I was wondering if any TDP alum can share their insight. Also, I hear the interview is brutal.. so if anyone has anything to say about that I would appreciate it. Thanks235
+20Commodity Trading is DeadI currently work as a physical commodity trader at a large, international, trading house. Trading is dead. Most desks are printing massive loses. There is no volatility in the market and most commodities we trade suffer from massive oversupply. Baring a massive exogenous shock, I don't...107
+20Don't Be A CF<em>Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #45. This one was originally posted 2/6/2015. WSO readers qualify for a $100 discount to Jared's Daily Dirtnap daily market newsletter...just email...80
+20Guy automated his job, unethical to not tell employer? Hey monkeys, I read [this article]( on Yahoo Finance and was curious of what the WSO community's opinions on this matter are. Basically, a man created a program to do his job for him; what was once a...54
+20Which books gave you more clarity about life?Assuming bankers/fin folks do things beyond their job and <abbr title="Wall Street Oasis">WSO</abbr>, which books changed your thinking very starkly?46
+20How did Obama do?I've seen so many conflicting viewpoints on Obama in the past 8 years. I know there are so many factors to consider that make it hard to judge his terms, but let's try. <abbr title="Wall Street Oasis">WSO</abbr>, with some reasoning to back your position, how...56
+20CNN = BoobsIs this really the state of CNN - the American BBC?? A dude comes on, lays out an argument why this ESPN idiot should be fired and the anchor goes nuts because he said boobs? I mean is this real life? We have Rohingya Muslims being marched...91
+20Are we moving towards a dramatic ending?There's literally a new, more dramatic Trump story coming out everyday. I know there's a lot of 'fake news' out there. But everyone is reporting a different dramatic story from Breitbart (Democrats invoke Amendment 25) to FiveThirtyEight (Is Trump messing with Government...115
+20What is family life like in finance?<em>Mod Note (Andy):</em>: Definitely check out the comment inside from user @Dingdong08"</em> I've always wondered how people juggle their job and family while also being in a very time-demanding field. While I don't intend on having kids until my early...113
+20AMA: Former McKinsey EMAll, It has been awhile. I did an AMA quite a long time ago (<a href="//">"Ask me anything: Project Leader/Engagement Manager/Case Team Leader at MBB"</a>) and...142
+20How much sleep do you needCurrently a college student and i find i actually need a lot of sleep. Even when i get 8 hours i still wake up exhausted, which makes me shit scared of banking. Anybody else have/had this problem? How do you get over this damn burden?105
+202018 IB Summer Analyst Recruiting Timeline - Hong Kong/SingaporeI know there's an informative megathread discussing US-focused <abbr title="investment banking">IB</abbr> <abbr title="summer analyst intern">SA</abbr> recruiting for 2018, and I'd like to start a new one for those specifically interested in...200
+20Is it possible not to get sucked into the finance lifestyle?Let's say my goal is to put in my years in finance, and (truly) cash out and leave by the time I'm 40, to live a normal, middle class family life with ironclad financial security. This means I'll have to keep my costs low and live like a normal person during this time. This...42
+20AMA: Former BB Rates Trader - Now a prop traderI've enjoyed this forum, and i see lots of people without a clue asking questions about trading, so i thought i'd do an AMA... My path was non-standard, but i've seen others with a similar path to my own. My Path --> Non-Target state school --> Job in <abbr...95
+20Real Estate Q&A<em>Mod note: <strong><a href="// ">Click here</a></strong> to see all of our q&a's and interviews</em><P> So the deal I...105
+19The Power of Habit<em>Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #50. This one was originally posted 6/20/2015</em>. Written by Pulitzer prize-winning reporter Charles Duhigg, 2012 New York Times bestseller <em>The Power of...34
+19The BlackHat Interview: 1/4<strong>Mod note (Andy):</strong> <em>The much anticipated <a href="//">BlackHat</a> interview is here. Questions came from myself and members of writing and intern teams. BIG thanks to BH for his really...63
+19Is there HONESTLY a difference in the quality of work between Strategy& (Tier 2 consulting) and MBB? I finally finished the horrible recruitment cycle for consultancies here in London, and have come out with an offer from Strategy&. My question is, is there actually a difference between them and <span class='keyword_link'><a...44
+19Get In, Loser. We're Going To Mars.<p>What a time to be alive. We could be (probably are) on the cusp of being an interplanetary species. Elon Musk revealed his plans for taking humanity to Mars at the International Astronautical Congress on Tuesday. And it starts in July of 2018. </p> <p>There are a lot of...51
+19Why corporate banking instead of investment banking?<h3>What Do Corporate Bankers Do? - Corporate Banking Definition</h3> <p> <img style="padding: 0 15px; float: right;" src="" class="img-responsive center-block" width="400">It is...40
+19After all the hardwork, it paid offNon-target story where I landed a good offer. Moral though is Non targets if you’re reading this: <strong> This process is much harder than most believe. Do not underestimate the amount of luck involved which means you need to have the part you control 100% down. Stories, technical,...33
+19Pitching a Short for the Stock of a Bank you are Interviewing withIs it frowned upon to pitch a short for the bank you have a superday with if asked to pitch something? I will not come in unprepared as I plan on bringing in printed versions of <abbr title="comparable analysis">comps</abbr>, an excess equity model, and a brief equity...13
+19Just got laid off from my 3rd PE job in 4 years - help!I just got laid off from my 3rd <abbr title="private equity">PE</abbr> job in just over 4 years (all MM). I am pretty devastated as I thought this was the one I was going to stay at for awhile. This time I was a VP (first two as Associate and Senior Associate), and was laid...36
+19How are so many hot women successful in finance?I was browsing through LinkedIn and saw some of my 2nd/3rd connections had model-esque profile pictures, yet they were VPs/Directors at top investment banks. How are these women successful (in finance)? Did they actually get there by merit? Or did they use other strategies? I am genuinely...64
+192017 Private Equity Report – 8 Category Highlights <center><img src="" alt="" /></center> <br> The <a href ="">2017 Private Equity Industry Report</a>...9
+19Clinton/Trump Election Prediction ThreadI don't care who you WANT to win, I only care who you think will win and with what degree of confidence you have in your prediction. All responses should say: Name % probability of winning <em>Mod note (Andy):</em>: More election "fun" here:...453
+19The Best Sector, Asset Class, or investment idea for 2017 (that WSO didn't know existed)Now that it's bonus time for many people, I figured it would be a good time to ask an investment question. Since the stock pick question <a href="//">has already been taken</a>, I wanted to throw out...45
+19Market Drastically Turns. How Do You Pivot?Listen, I'm no doomsday guy. But let's talk about the thing on everyone's mind. Acquisitions folk out there - you get dumped during a capital markets freeze - what do you do (take a less prestigious job, change industry, wait it out, etc...) For those older Monkeys (much...34
+19AMA: Non-Target -> 3rd Year Analyst MM IBUnfortunately turning comments on a pitch deck today so I have some time in between turns to do an AMA. Thought I'd give back to the community here now that I'm wrapping up my 3rd year at a <abbr title="middle market">MM</abbr>. Definitely wouldn't be here...47
+197 Practical Tips for Entering 1st Year IBD AnalystsIt’s been over 3 years since I first came across <abbr title="Wall Street Oasis">WSO</abbr> as a junior in college. Eventually, I was able to land an <abbr title="investment banking division">IBD</abbr> analyst gig at a <abbr title="bulge...76
+19Thinking of quitting my job and pursuing military (18X or AFSOC) - Experiences?Long short about me: Age-26 Job- Real Estate Development/Acquisitions Compensation: Base of $110k w/ bonuses (performance & deal related) about $170-180k this year (I made about $140k last year Problem: I am bored as fuck and the path forward is lucrative but I feel like I need to do...85
+19Would you rather interview with a man or a woman?Just curious on how everyone feels about being interviewed by either a man or a woman? I'm a younger male and feel like I tend to get along better with women in interviews.51
+19Series 79 free study guideI have a very detailed outline that I'm going to make available to the forum. Either through a editable gdoc or through a personal wiki. Frankly, we all spend way too much time studying / preparing for the exact same things. I'm hoping that a few people will taking it upon...61
+19Why is there so much hate for UF?I know UF isn't as prestigious as schools like UVA or Michigan, but it seems to still be a respected flagship and in terms of business, its <abbr title="Masters in Finance">MSF</abbr> program has great placements in <abbr title="New York...18
+19What are helpful tips for office parties?With the holidays approaching, office parties are becoming increasingly prevalent. CNBC states that last year, almost two-thirds of organizations held an end-of-year holiday party open to all employees. This means that you could be finding an invitation to an office party very soon. But,...49
+19Ideas for Healthy SnacksLately, I've been getting tired of snacking on granola bars. I consume a variety of fruits throughout the day, so what I'm looking for here is some direct substitute for granola bars. Any ideas on light and healthy snacks that you enjoy eating?49
+19Company Email Addresses GuideHey fellow monkeys, It seems like we get posts every month about the email address of certain banks. I decided to make a list of all the banks/hedge funds/prop shops. <h3>standard company email format database</h3> While this offers the standard email format for all the...77
+19How can I get girls? I don't want to date girls from work and, due to multiple business commitments, I can't be arsed to drag myself to a club or bar often. What is the best way to get girls? I hate online dating such as tinder. I full of messed up, average looking women. I am thinking about...36
+19Top Investment Banks in each industry 2018I have not seen a comprehensive list of the top banks for each industry. So many people new to the banking industry have this "GS is king" mentality without realizing that <abbr title="Goldman Sachs">GS</abbr> is outclassed in many industries. I think it would be...47
+192 successful years at the firm, 2 years of 0 bonus and minimal pay riseI work at a small debt/corp fin boutique, been here c2 years. We've had quite a good year, closed several transactions (where I was instrumental to the execution process, 2 deals I largely ran on my own) that brought in a decent amount of fees. We've got a solid pipeline that...21
+19Recently hired IB analyst - why was this hard to break into?I am fully aware I will get monkey shit for this but if you give MS then have the balls to comment :) As the title says I am a recent college graduate who managed to land a <abbr title="full time">FT</abbr> role at a boutique <abbr title="mergers and...42
+19Why isn't Wall Street attractive for millennials? Fellow monkeys, was reading this <a href="">article</a> on Bloomberg which mentioned that Industry bodies are trying to push banks to offer student debt programmes and...64
+19Where do Most Investment Banking Analysts end up?There seems to be a lot of talk about just breaking into Investment Banking on this forum, given its target demographic is young college students and freshly minted analysts I can see why that is; However, I would like to know how many of these analysts make it to senior positions in <abbr...55
+19What do you guys think the catalyst will be for the next recession?Pretty straightforward question, so what do you guys think will be the catalyst(s) for the next recession?99
+19"Self Made"Simple question. Can you really consider yourself "self made" when your parents dropped $100,000+ on a public or private education for you? I hear people claim that their "self-made" but yet they went to a $200,000+ private school completely on their parents dime. Interested...70
+19Feeling Scattered at WorkI am an Analyst at a <abbr title="middle market">MM</abbr> boutique. Lately I've been really scattered at work - my brain has not been functioning as quickly as it used to and I am always tired. This has been apparent since I worked for about 36 hours straight a...38
+19Staying a third year as a PE associate vs. doing something nontraditionalI attended an Ivy, worked as an analyst at a <abbr title="bulge bracket">BB</abbr>/<abbr title="elite boutique">EB</abbr>, and just began my second year as a pre-MBA associate at an upper middle market <abbr title="private...16
+19Tesla: a big bubble or only a bet?"There is much to admire in the Tesla story but there is one aspect of the story that I find puzzling, and if I were an equity investor, troubling. It is the way in which Tesla has chosen to, and continues to, finance itself. Over the last decade, as Tesla has grown, it has needed...116
+19Millennial Side Hustle So some of the zips that work on my team continue to toss this buzz word around as if Peter Drucker coined it himself in his most recent <abbr title="Harvard Business School">HBS</abbr> Case Study. What is the deal with this 'gig economy' I keep hearing...81
+19How much physical cash do you/should you have on hand?It seems to vary quite a bit between individuals, often regardless of actual net worth. When I say "on hand", it's what you carry around, and what's in your apartment/house. Personally, I have a small stash of USD and CHF (Swiss Franc)- their paper bills are a work of...50
+19Non-Target to [Insert Goal Here]I probably receive a few PMs a month from people who are from some variation of an out of favor background for Wall Street/Investment Banking/Private Equity. It varies from institution, to GPA to current professional position, and all of the above. The most common question I'm asked is:...28
+19Random Musings on the HF Interview Process<em>Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #26 and was originally posted 8/23/2015.</em> This is far from a definitive guide but should give you a high level overview on how to think about the process....10
+19What's your routine in the gym?Hey monkeys, Wanted to know what your workout routine is and where you have seen the most strength gains. Me personally, I'm at a plateau now. I saw some gains using the [all-pro beginners routine]( but looking to...177
+19Unhappy at MBBYoung and ambitious ladies and gentlemen, I am feeling unhappy and want to share my thoughts with you. Not a fan of whining in the Internet, but I have found it hard to find people who I can open up to and who can also truly empathize with my situation. A little background, I did my...48
+19Cousin Andy's Incremental Steps Toward ManhoodStory time once again, monkeys. I hosted family in <abbr title="New York City">NYC</abbr> for Christmas for one god damn day and I feel like I ripped half my hair out. I still have plenty of it though, it will grow back, and just to make sure you understand how genetically...11
+19DeletexxxSorry folks, people have started sending me creepy messages identifying me. I think it's just a friend f*cking with me, but going to delete this out of an over-abundance of caution. 116
+19Economic Consulting Q&A - Past experience at major firms I’ve worked in economic consulting at one of the major firms for a few years. In that time, I’ve gotten a number of private messages from people asking me about what to expect in the interview process, what the work is like, and so on. I decided that it would make sense to assemble as much...92
+19Slacks for Men with Big Buts, Big Hips, and Big ThighsBoys, Can you recommend some pants that fit someone with muscular thighs, wide hips, a big ass, and small calves/ankles? I played hockey and golf growing up and everyone always told me I had the stereotypical hockey/golf butt. I didn't understand what that meant until a few years ago...58
+19Advice from an ex-IB MD: Who succeeds on Wall Street <em>Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #37 and was originally posted 10/14/2015.</em> <em>Mod Note #2: Check out Wilowallstreet's AMA <a...27
+19mrsdowjones internet trollDoes anyone follow mrsdowjones on instagram? She tried to give me financial advice and was annoyed I didn’t take it... As you can see she hasn’t worked a day in finance ****<img...41
+19Convert Your Summer Internship Into a Full-Time Offer<em>Mod Note (Andy): #TBT Throwback Thursday - this was originally posted on 7/6/12.</em> As a former summer/fulltime investment banking analyst, I’ve seen a few waves of Ivy League migrant workers come through New York. <b>A few tips for success for the upcoming crop...82
+19How will the results of the election affect Wall Street and the overall economy?Title says it all, i'm very curious to hear people's thoughts. How will the Trump presidency affect the markets / Wall Street? 112
+19Are you interviewing with any other banks/firms?I get this question almost every time I interview, and have always felt awkward as I answer it. I will typically say that I am interviewing with strictly banks. However, my questions are as follows: 1. How to respond when you only have one interview at the moment? I'd imagine honesty is...58
+19Extremely Robust Growth Projected - 132 hour work week All right, fellow monkeys. I'm on the tail end of a 132-hour workweek, so just a brief post today. So there I was, middle of the night, massaging an industry growth chart into an artificially-rosy picture that makes our pitch more attractive (a procedure that many of you will be...16
+19Douchebag ClientsDo you guys ever feel like wanting to roundhouse kick your clients to the head? It's like they're illiterate and can't read simple emails you send. It's always corporates, never have this problem with the PE's. Goddamn they suck. /end rant Edit* Please do not take...64
+19My Take on Deciding Between Top Summer Analyst OffersI recently gave a piece of advice to a buddy's younger brother who was choosing between some great <abbr title="summer analyst intern">SA</abbr> offers. I wanted to share it with all you young masters of the universe as well. In this specific case, my friend's...213
+19AMA: Hedge Fund Allocator at a $2B+ E&FHi there, After lurking for sometime, I figured I'd jump in with an AMA: Anything you want to ask an E&F allocator? Willing to offer candid thoughts on any and all questions, from the do’s and don’ts of getting funded to what life/comp is like on this side of the table. I...39
+19Tech over Finance?Hey monkeys, So nowadays, it sounds like [many post-MBA finance professionals are unhappy with their current positions](; most are unsatisfied with their employers, but some are just overall...90
+19PE, VC, IBD recommended reading list I've put together my fall reading list, thanks to kind advice from fellow WSOers. Sharing in case it's useful to you, or in case anyone wants to add some suggestions. **VC** * Venture Deals, by Brad Feld * From Zero to One, by Peter Thiel and Blake Masters * The New New...24
+19Extremely Low GPA to MBA Success StoryI've been a long time browser on this website and just wanted to share my experience. <h4>Here are my stats before we start:</h4> <ul> <li>UG: Service Academy - 2.3 GPA</li> <li>Grad: Big D1 Sport School - random MS with accounting and finance...23
+19My Experience as a Market Risk Analyst<em>Post any questions you may have and I'll do my best to answer!</em> There doesn't seem to be much information on this website regarding this niche role so I'd like to just expand on this and hopefully future readers can gain insight on this function....43
+19Snap IPO Prices at 17 Dollars a shareHonestly I am just surprised this wasn't posted already. An <a href="">article</a> on CNBC stated that Snap priced its public offering at $17 dollars a share. [quote] Snap priced its public offering at $17 a...88
+19Where can you find the best-dressed bankers?Apparently, if you want to be the new "George Clooney of finance" (remember Mark Carney?), BNP Paribas is your place to be! [quote]Research by Emolument suggests nearly 40% of BNP bankers are still wedded to formal dress at all times, compared to just 20% at J.P. Morgan. [...] In...34
+19Asinine Desired Skills Job PostingsIt always blows my mind and makes me wonder if I'm completely out of touch or if people are really just full of shit when I read a job posting for an "entry level" and it lists something akin to the following: Skills/Requirements: Proficient in English, Spanish, and...34
+19Obamacare, Crony Capitalism, Economics & Mispricing Riskdeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedeletedelete60
+19How many candidates are genuinely qualified out of total applicants?With 2018 <abbr title="summer analyst intern ">SA</abbr> applications being up, I got to thinking - for a lot of investment banks, there are thousands of applicants for potentially as few as 10 spots. For people who go through these apps, what percentage of applicants...53
+19so... what's the greatest rap song of all time? so... what's the greatest rap song of all time? And is there any that you've patterned your life after?77
+19Hypo: You're single, and rich; what U.S. cities would you live in? Just a fun hypothetical to consider. Let's say you're rich and single; money is not an object. Which U.S. cities would you want to live in? Multiple answers are allowed here, as rich people tend to have multiple homes. I'm gonna break it down by seasons. Spring and Fall:...131
+19Qualities of a Great InvestorMod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #44. This one was originally posted 10/19/2015. If you've seen some of my other posts you know that I'm not a stock picker, deal maker, or quant - I'm an...16
+19Today's Top Bankers on The Street. Who are they?I've recently been reading a bunch of books: <abbr title="mergers and acquisitions">M&A</abbr> Titans, Barbarians at the Gate, Den of Thieves, Predators Ball, Big Deal: 2000 and Beyond, Rainmaker....among others. It has me wondering. Who are today's top...113
+19Just took my last undergraduate class: 3 college mythsIn typical Buzzfeed style... 1) I think liberal arts classes are overrated. I think that many people have this romanticized perception of liberal arts as something that will open your mind and teach you how to think critically. They can sound great on paper, but in reality, most of the...18
+19Which U.S. States are the Worst?In another thread, I said that if my comment got SB'ed, I would make a thread about which US states are the worst. So, which states are the worst? Saying Idaho gets you monkey shit.148
+19What are the small things your colleague you sit next to does that makes you furious? Sitting 10+ hours a day next to someone can either be a curse or a blessing. Either way, there is bound to be some trivial thing he/she does that make you want to smash your head through your keyboard. I've encountered the sneeze on their their hand then use your keyboard colleague, the low...35
+19What are some "easier" investment banks in NYC to get into?My gpa isn't the greatest (3.23) and I don't attend a target school but I'm still interested in getting into investment banking. What are some of the banks in <abbr title="New York City">NYC</abbr> that have a lower standard to get into? 52
+19Cold email advice from analyst A couple pieces of honest advice when writing cold emails. People may say I'm overly critical but I get 5 of these a day so I am looking for any reason not to respond... -Do not address an analyst or associate as "Mr. XXXX" . Literally my biggest pet peeve. I understand that...104
+19So what's December like for you FO guys? It's interesting in BO . . .As I've posted here before, I'm <abbr title="back office">BO</abbr> at a <abbr title="bulge bracket">BB</abbr>, and generally having a great time with it. I even did an AMA on managing my Summer Analysts if anyone wants to look up my post...29
+19How did you learn to think high level?I’ve been reading bios of a few prominent executives and have found the trajectory each takes to get to their current seat to be really fascinating. This is not to say that many or even any of these paths are straight line or replicable, but what each has in common is that at some point the...21
+19Cryptocurrencies: Buy The Dip? As of 2/7/2018 seems like cryptos have shaved off a significant amount of value off of their market caps. Would love to hear what you guys think in terms of buying at this dip? 51
+19Best M&A news source?Just wondering what sources people generally rely on to get broad <abbr title="mergers and acquisitions">M&A</abbr> news, including the more industry-relevant details (leverage multiples, funding mechanisms, lead banks/law firms, etc.). I'm looking in particular...44
+19Goodbye JC100021, Hello Military_MBA_BankerHello <abbr title="Wall Street Oasis">WSO</abbr> Members, I recently changed my <abbr title="Wall Street Oasis">WSO</abbr> handle from @JC100021" to this. You might also notice I went from Gorilla to King Kong & <span...51
+19In Home Essentials/Must-Haves Happy to report that with any luck I will be closing on my first house this week (thanks in no small part to the <abbr title="Wall Street Oasis">WSO</abbr> community for the job that's paying for it!). Was wondering for those of you with homes (or apartments that are...69
+19Costa-Hawkins Repeal (California)Any of you nerds tracking it? Looks like it will be on the ballot in November (should be confirmed by June 28th). Could be bad news bears for a lot of California resi guys (yours truly included). Considering buying the July puts on Essex.93
+19Investment Banking for females - What is it like ? Hi everyone, I recently got interested in this as a possible career path. I did research on females in <abbr title="investment banking">IB</abbr>, but a lot of what I found was just about how horrible it is. Or I end up on pages about gold diggers targeting male IBers....166
+19AMA: Managing Partner at a Options Trading FirmMorning guys and Happy Friday! I'm currently the managing partner at a Chicago based options trading firm. I've been here for five years. Prior to this I was a Trading Analyst and then Trader at a large Chicago based prop firm. Ask me anything! The weirder the question, the better!96
+19Opportunity @ PERE Top 50 FirmHello <abbr title="Wall Street Oasis">WSO</abbr> community, I am moving on at my company (Bridge Investment Group) into a different role, which has opened up an opportunity on our Investment Strategy & Research team. The Investment Strategy & Research team is...2
+19How has MeToo changed your willingness to mentor female team members?Just curious if it's changed anything for anyone else? Not going to lie, it's made me very paranoid, I don't meet anyone (male or female) at all unless it's in a public place and I had cameras installed with audio at our main office. I talked to a few executives at...47
+19MBA Salary Average - What Job is Best?Hey guys, This topic is not for people who moved from banking to buy side post <abbr title="Masters in Business Administration">MBA</abbr> and make huge sum of money. Assuming if you have a finance background (non-IBD) and go to <abbr title="Masters in Business...67
+18Quitting time - views on how to leave your job<em>Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #48. This one was originally posted 3/8/2015</em>. I've been exchanging PMs with a fellow poster who didn't like his current role and had the good sense...135
+185 things I wish I had known when I was a business undergrad...I graduated from one of the top 10 undergraduate business schools in the US with a 3.85/4.0 GPA, an honors degree with a double major and a minor, and an offer to work at one of the top 10 Fortune Global 500 companies. I thought I was a badass and was ready to conquer the world and take over...24
+18Non-Target, 3.0 < GPA, non-finance major, to ERBackground: I went to a non-target, had a 2.7 GPA, and didn't study finance in college. Ended up landing a job in <abbr title="equity research">ER</abbr>. I apologize in advance that I have failed to contribute as much as I should to these forums. <abbr...42
+18Going from MM Investment Bank to Mega-FundI am currently a first year analyst at a mid-tier middle-market bank (William Blair, Piper Jaffray, Baird, etc.) and went to a non-target state school for undergrad. My goal/dream is to work for TPG in the next 10 years and was wondering if anyone had any advice on how to get there. Do I need to...27
+18Family Office - Exit OppsCurious if anyone knows someone or has worked within a Family Office (~$2bn in equity) and what exit opps look like? Specifically, how it would look to Business Schools, REPEs, and potential investors if one was to open their own fund one day.32
+18Millenials don't want to do finance anymore?So I went to an <abbr title="Masters in Business Administration">MBA</abbr> info session for a top 10 business school the other day, and I was the only person in room of 20+ people that wanted to do anything remotely related to finance. Not only that, but after mentioning I...96
+18BBA program at UMich Ross is rapidly growing, am I justified in being upset?When I applied the class profile said 500 students per year. Well, there are 644 BBAs in the class of 2021 and people are saying there could be nearly 700 BBAs in my class of 2022 after cross-campus transfers next summer. I feel like this dramatic growth diminishes the cachet. And doesn't...41
+18What Would You Build In The Hood? I want to do a little brainstorming on the topic of redevelopment in emerging neighborhoods. I don't want the standard "cash advance, cash for gold, gun shop, liquor shop" response or the ever so cliche micro-brewery. What kind of cool developments have you seen in rough areas...75
+18Where do you meet girls?For all those that are busy and dont have time to go out, where do you meet girls? I hardly ever time to go out and my logistics are also bad for going out so I have been cold approaching girls a lot during the day. I used to think the night club was the only decent place to meet girls but...64
+18Non-Target, Cold e-mailing to Multiple BB / MM SA Offers -- Yes it can be Done!All, I've been reading WSO for quite a long time, but this is my first and perhaps my last serious post about myself. A bit about my background: I am a junior studying finance at a 200% Non-Target university (yes, there are baby sitting positions on my school's career site,...53
+18Against InstitutionalismI had a conversation with a close family member who was looking for my perspective on office politics / career. Through our conversation and for the first time, I realized I have an anti-institutionalism perspective on career. This perception of career / work / organization has served me well...7
+18AMA: Endowments, Foundations, & Asset Allocators It's about time I do another post on here and rather than go into detail on a specific aspect of the industry I'm just going to open it up to a general AMA. The E&F (and asset allocators in general) industry is sort of a black box. Most people don't know a ton about the...30
+18From weighing 280 pounds and a 2.5 GPA at a Non-Target, to 200 pounds and an Interview with McKinseyHi Everyone, I've been browsing Wallstreet Oasis for the past few years and I want to share my story and more importantly, reiterate to everyone on this forum to dream big. I went to a non-target state school and while suffering from social anxiety and obesity, I was also facing an...23
+18What is your favorite College Food?Hello Monkeys, The title says it all. Tell me about your favorite food you ate when you came home drunk out of your mind or with the munchies at 2 am and you could barely move, or some of the 5 dollar 5 star meals that you lived off of in college during exam season. If none of that relates to...134
+18Day 9: Why I Won't Date Bankerella<em>Andy note: See <a href="">"A Male Banker Describes A Typical Female Banker In NYC — And Why He Won't Date One"</a> on BI yesterday.</em> This post was inspired by...198
+18Not all paths lead through IB- what to do if you don't have an offer yetThis is another post to help those of you who are having trouble landing a <abbr title="full time">FT</abbr> offer or an internship in finance relieve some of that stress. It is very easy to get caught up in a downward spiral of gloom when things are not working out. It may...24
+18Percentage of HFs Secretly Investing in Cryptos?It's no secret that the HF industry has been under a lot of pressure lately. The industry bled more than $100 billion in 2016 as fund flows moved into ETFs an other passive investment vehicles. It's also no secret that net returns have lagged behind the general market, though HF risk...61
+18Where is the "big" money now?Been reading about banking salaries / bonuses shrinking and am wondering: "where is the money now"? As someone who works outside of finance, I have found roles that require a similar skillset are still paid less thank banking/buy-side firms. Some roles that are considered important...136
+18Thank you WSO Community! AMA/My Story: Target --> State School --> Non-MBA Masters --> MM IB --> Lower MM PE In short, I recently accepted an offer to join a lower middle market <abbr title="private equity">PE</abbr> firm after a little less than 2 years in <abbr title="investment banking">IB</abbr> and, as a longtime reader of <abbr title="Wall...13
+18How to not be cheap??Believe it or not, I'm actually being sincere here. I need your help. I am extremely cheap. I can't stand spending any more money than I have to. If I'm spending in myself, for things like deodorant, food, beverages, gym membership, car payment, etc, I have no problem. But I...51
+18AMA: CS/Finance Major -> Software Engineer<em>Mod Note (Andy) - this AMA originally went up last July but Ace wrote and said he could still answer questions.</em> Hey all, Recent graduate here trying to kill time before work starts. I've seen a number of recent posts about people in finance getting burnt out and...48
+18NFL Preseason PredictionsThe NBA may be months away, baseball is unwatchable, and EPL games are always on at ungodly hours, but football is right around the corner. NFL preseason games kicking off recently leads me to wonder what everyone's way-too-early predictions for this season are. Any breakout teams,...104
+18No-Name Quality Investment BanksThere is a lot on this website about the boutiques you should not work for, and we all know about the elite boutiques that provide useful experience (Lazard, Evercore, Greenhill) but are there any small, no-name investment banks that provide valuable internship experience? Specifically, did...35
+18Why there isn't more diversity on the street<em>Mod note (Andy): <abbr title="Wall Street Oasis">WSO</abbr> top comments - this one is from the post in response to diversity in investment banks. <strong><a href="//">Click here to see more top...502
+18Finance Interview Questions and Answers | Wall Street Oasis<center><img src="" alt="" /></center> <br> You’re just starting the finance recruiting season. You’re an undergrad that needs to ace his or her finance job interview. Or you’re a...3
+18What liquor is on your shelves?I've got a handle of Titos, a handle of Dickel 12, a Balvenie Tun 1509, and a Talisker Storm. What are you stocking?59
+18What is the Holy Grail of Finance Jobs?Of course, a Goldman Sachs job is seen as near the top of prestige, but I’ve heard others say getting into a top <abbr title="private equity">PE</abbr> firm out of undergrad is even more impressive. Assuming you are an extremely hard worker, attend a target school, and...40
+18What are people's reaction when you tell them you work in a Hedge Fund?When ever someone asks me what I want to do after a school I reply with working in a Hedge Fund. I get about 3 responses a. What the fuck is a Hedge Fund? - I then tell them and they look at me like I'm some sicko and say how boring b. Your a money hungry bastard! I wanna hear...56
+18The Drunk MD StorySo last weekend, I decided to get shit-faced because I had a rough week. The typical…lack of sleep, lack of social life, and lack of sex. I wanted to have fun tonight, regardless of my state of mind. I could have easily went back home and fell asleep in 5 minutes, but fuck it. It’s Friday...80
+18I'm an MD and I run the Sales division: Ask Me Anything <em>Mod note (Andy): we vetted this user to confirm his identity/status and yes in fact he is who he says he is, and is eager to answer your questions :)</em> Bio: I decided to join <abbr title="Wall Street Oasis">WSO</abbr> to help both students and young...169
+18Some Thoughts on NetworkingFollowing in the footsteps of @Sil"'s recent post (<a href="//">"Want to get me on the phone? Here's how - a networking overview."</a>) l figured that I would...74
+18Helpful fashion cheat sheet See inside the post... <!--break--> <a href=" .jpg" target="_blank"><img src="" border="0" alt="Photo"></a>56
+18Is there any part of the financial industry that is growing?So me and my colleagues were discussing over lunch how things are generally worse off in the industry since its heyday. Investment Banks face more regulations. Equity research and <abbr title="Sales and Trading">S&T</abbr> revenues are dropping (atleast for European...98
+18Not even close: NYC is the #1 city for single men It is indeed a truism of life that we don't appreciate what we have until we no longer have it. This is true for loved ones who pass away, and it also holds true for cities we used to live in. Many <abbr title="Wall Street Oasis">WSO</abbr> posters live in <abbr...42
+18Advice from an ex-IB MD on how to make it to Wall Street<em>Mod Note (Andy) - as the year comes to an end we're reposting the top discussions from 2015, this one ranks #39. This one was originally posted 9/20/2015. <em>Mod Note (Andy): Check out Wilowallstreet's AMA <a...40
+18Preparing 300 hours for McKinsey and BCG offerHello everyone, I just signed and sent out the McKinsey offer. This is something I have not even dream about 4 years ago when I first found about the world of consulting and MBB firms. It was a very long journey. I could not always see how all dots will connect but being driven by ambition...24
+18How To Really Network And Land That OfferHey all, I am glad to hear that my story resonated with many, always happy to help (<b><a href="//">you can see it here</a></b>). Of the many messages I have been receiving, a...20
+18List of Sleeper Targets for NYCPeople keep thinking that <abbr title="investment banking">IB</abbr> is Ivy/top business program or bust. Would you guys consider these schools as sleeper targets: Kelly - for sure if you're in the IBW Colgate - <abbr title="on campus...113
+18Body hacks and energy boostings for productivityHi guys, As I am preparing for a potential career in investment banking, I decide to mimic the work dynamics at an <abbr title="investment banking">IB</abbr> to train my brain and body. I am looking for some advice regarding time management, body hacks, and energy...73
+18Why do MBAs seem to favor consulting over banking nowadays?I looked at some employment reports of top 15 bschools during 2012-2017 and this seems to be the trend. For example, Columbia, a finance powerhouse, had 55 graduates heading over to McKinsey in 2017, while that figure for Goldman Sachs was only 8! The top 5 recruiters in 2017 were McKinsey,...78
+18Why do we lie about how many hours we work?Back when I was in my second year of consulting, I worked with literally the busiest person in the world. At least, that's what she wanted everyone to think... She would rush around the office with a permanent frown on her face, clutching her laptop and a stack of papers.  I...33
+18How to go from No Office to Front Office?I'm not talking about the <span class='keyword_link'><a href="/finance-dictionary/what-is-the-back-office-BO">back office</a></span> as in operations, risk management, etc. - i'm talking about people with **no office** - you know like the...42
+18A Guide for Switching From Commercial Banking to Investment BankingGiven the number of messages I continue to receive with questions regarding my switch from commercial banking to investment banking, I thought it'd be helpful to provide a few guidelines for those looking to make the switch. <h3>How to Break Into <abbr title="investment...191
+18Investing In The Middle East 101So the "Middle East".... that place with a lot of camels and terrorists, right? NO! Before even thinking of investing in the Middle East, you have to stop calling it the "Middle East". It's Iran, Iraq, Turkey, Syria, Lebanon, Jordan, Israel/Palestine, Egypt, Saudi...36
+18How to feel confident and get a job out of networking events<em>Hey ladies and gents! I saw in the Wall Street Journal a big article on the importance of charisma and presence, it inspired @"Ben_KickassAcademy" and I to throw an article together on networking for you guys.</em> You fill out a name card.  Receive a packet of...12
+18What is the longest amount of hours you have worked in a week?What are the longest amount of hours you guys have worked in one week. What was it like after you had finished that week or that task.73
+186 REAL Habits I've Observed From Self-Made MillionairesBusiness Insider (and forbes to a lesser extent) are flooding the younger generation with all of these seemingly simple ways to become a millionaire (see <a href="">"13 Habits of Self-Made...18
+18Last-minute Decision: Vanderbilt vs. IU-Kelley (undergrad)I posted once earlier, but now I've narrowed my choices down to Vanderbilt and direct admittance to the Kelley School of Business at Indiana University (and KLLC membership). I would graduate Vanderbilt with up to $50k in debt and leave IU without any. Also, I love to travel...106
+18Why Would Anyone Go Into Consulting?<em>Mod Note (Andy): I put this on the frontpage because of the high quality of responses inside the post, take a look...</em> After going through the recent recruiting season as a junior and coming out with an MBB offer and a few in banking, I have to ask: why would you go into...166
+18Stingy things you do to save moneyWhat are some power moves a brother can use to save a few dollars here and there? Things like stealing your toilet paper from the public rest room in the lobby or showering at the gym to lower your energy bill. 59
+18Most you have lost off a single investment?When investing or trading in any type of asset class, from securities and fixed income to even cryptocurrencies, you will always lose money at some stage, no matter how experienced you may be. Therefore I pose the question, what is the most that you have lost off of a single investment? Whether...104
+18What are some of the cushier roles in Corporate ($125-150K/year and ~45 hours/week average)?what types of roles are good/what should you shoot for if you are being honest with yourself and really only care for a middle-class lifestyle and value time >> money?93
+18Investment Banking vs. Capital Markets - How different are they? How different are they exactly? I know in IBD you work like a dog and you're in the office from anywhere between 80-140 hours/wk, and traders do about 50-60, but how much do capital markets ppl do? Do they work similar hours to IBD? Any difference in compensation? I still don't get...137
+18The comprehensive Golf thread and AMANoticed a few people on <abbr title="Wall Street Oasis">WSO</abbr> wanted to improve their game and figured I could help in some sort of way. <h3>Off The tee</h3> In general I think making good contact is better than swinging out of your shoes. A general...261
+18Personality just doesn't fit I-Banking/Finance? Is there a Finance "type"?So, on paper, my freshman year has been going fantastic. I made a GPA over 3.9 at a Top 20 (semi-target) University, made plenty of lifelong friends who also know how to have fun, and found a great balance between maintaining a vibrant social and academic life. There's a lot to be excited...38
+18Best Alcohol GiftI need to find a bottle of booze to give to someone as a huge thank you for something professional they did for me.. My budget is under $750. What do you think is a good bottle (not most expensive, but best)? Also does anyone know the best way to score Pappy?33
+18Moyer's distressed debtAs my inbox is exploding with requests for this, here you go again: SB greatly appreciated.8
+18Banking vs. The Buy-side: 10.5 considerations<em>Mod Note (Andy) - We're reposting the top discussions from 2015, this one ranks #19 and was originally posted 11/21/2015.</em> In the forums I see a lot of questions and comments contrasting banking and the buy-side. It seems many of you are thinking about all the...13
+18A Trading Story :Encouragement for the rest of usI have decided to post my experience for what it is worth. I do not expect this to follow the standard format of posts in this forum I am merely here to present to all of you a story that could have helped me and given me encouragement in the darkest days of the sales and <span...31
+18Today is the last day of my 30s...How should I spend it? I know this is the site of preteen analysts but if anyone has any good ideas, I'm interested. 39
+18Why does every 2nd IBanker want to transition to PE?I've done research and spoke to a lot of people in the industry and it seems like the hours aren't that better at all from <abbr title="investment banking">IB</abbr> and the all in comp is roughly the same as in <abbr title="investment...52
+18AMA - Current Analyst at $20bn Hedge FoFBackground: <abbr title="Masters in Finance">MSF</abbr>, ~<span class='keyword_link'><a href="/finance-dictionary/what-is-investment-banking-division-IBD">2years <abbr title="middle market">MM</abbr> <abbr...58
+18Jill Stein files for a recount of votesSource:[Jill Stein files for a Recount]( [quote]Jill Stein, who ran for president as the Green Party candidate, is seeking a recount of the votes in the battleground states of...86
+18Am I in okay shape as far as how much I've saved at age 27?So I work in an industry that is very niche. I graduated magna cum laude from a top target school, did management consulting for awhile, and then moved into something in sales with somewhat low hours, pretty minimal travel, and when I do travel, unlike in consulting, it's usually...43
+18How PWM really works (part 3): PB v. PWM, lifestyle, hours, day in the lifeSorry this took so long everyone! Hope you enjoy and hope it's not too terribly long. For the 3rd installment of my blog, I’ll detail some of the <span class='keyword_link'><a href="/finance-dictionary/what-is-private-wealth-management-PWM">differences...61
+18When is it Acceptable to Add a Job to LinkedIn?If I've accepted a job offer and start two months from now, is it acceptable to update Linkedin to show the job? <h3>When to add your upcoming job to LinkedIn?</h3> Most of our users agree - that you should wait until you actually start to update your LinkedIn. However, some...173
+18Real Estate Private Equity Technical QsSo I have been offered an interview with a top real estate private equity firm but don't know much about the technical side of it. How do you calculate <abbr title="free cash flow">FCF</abbr> when looking at real estate? I know the formula when analysing companies...32
+18Do you even lift bro?No explanation needed for this forum the question is simply simple. Do you even lift bro? Do finance bros lift?100
+18MBA: Stanford or Harvard?Hi folks. I was lucky enough to have been accepted to both the Harvard and Stanford <abbr title="Masters in Business Administration ">MBA</abbr> programs. I would really appreciate any advice/thoughts on things I should consider while making this decision. Here is some...44
+18Great books- non finance related onlyHey monkeys, I know there's been a ton of threads open for good books but most of them are finance/business related threads. Lately I want to read some good ole fashioned non-fiction that has nothing to do with finance. For starters, I read The Gene and Cancer the emperor of All Maladies...93
+18Could gyms become obsolete?I'm a fitness lover, and going to the gym is a necessity for me. According to[ this article](, the number of people going to gyms and getting memberships is decreasing. People are opting to just...67
+18I got into an M7 (Wharton) with a pure sales background and now work in MBB. I wanted to share my experience I've seen a few posts on here discouraging others from pursuing a career in sales as it relates to <abbr title="Masters in Business Administration ">MBA</abbr> admissions. In particular, some have argued sales doesn't look great at <abbr title="Top 7 MBA...15
+18F this industryI can tolerate late nights but this is one of the first things to make me viscerally mad. Bunch of wanna-be (or in some cases, actual) hardos. From <a...80
+18Recruitment Set Back To "Normal"Do you think other banks will now follow through? <a href="">WSJ: Goldman, JPMorgan Hit Pause on Intern Recruiting ‘Madness’ </a> [quote] Two Wall...32
+18Private School instead of an inheritanceI came across a interesting concept the other day about sending your children to private school as an <a href="">early inheritance</a>. The article describes this family's decision to give their ch