If you can, read the whole story. Anyone out there that's gone through tough shit, heads up and never give up! <iframe src="https://anchor.fm/wall-street-oasis/embed/episodes/E27-Homeless--Broke-and-Made-it-into-IB-at-a-Bulge-Bracket-e4q6d7" height="102px"...
Let's comment some of our favorite cringeworthy LinkedIn posts. Here are some of mine: 1. "Humbled and honored to announce that I have accepted an offer at company x..." 2. "Had a transformative experience attending company x's two-day leadership program..."...
There was an earlier thread that mentioned more and more people felt that it was OK to renege an offer, especially in a recruiting timeline that's so butchered and prolonged (Apparently March - Present). Coming from an undergraduate student's POV, it seems that it would make sense to...
Did anyone see this story that just came out? Stud first-year out of NYU charged with insider trading. The idiot bought calls on EFI right before their acquisition by Siris Capital. What a fucking moron, only made $100K as well.
Sans Trump and his legionaries, feels like most are ready for a slight contraction right before things consolidate. Markets are up despite the inverted yield curve, but things are almost certainly likely to get worse before they get better, right? Trump goon Moore could barely even deny...
Hey all, I just got finished listening to several very informative segments on CNBC and figured I should offer up my knowledge in the form of an AMA. While my background isn't in finance per se, I seem to have a knack for it. I've made several profitable paper trades and, not...
Curious about people on this forum in finance who are making anywhere north of $300k. How do you spend your money on a month-month basis? Do you live in a luxury apartment or somewhere cheaper to build out savings? Mortgage? Do you eat out at fancy restaurants every week, still cook, or have...
Fellow Primates - so it's been about ~8(?) years since we've taken a look at our logo/branding and we think it's time for a refresh -- our designers almost vomit when they look at our current icon and we have some major initiatives coming where a refreshed look would help. ...
To give a bit of background, I recently landed an associate gig at a pretty respectable <abbr title="private equity">PE</abbr> shop ($5 bill aum) in the Chicago area (after 2 years of banking). I started about a month ago after packing up and moving my whole life from...
Apart from the more obvious ones such as financial modelling in Excel, what would you consider some of the most important and in-demand hard skills in today's job market? (what about tech/programming skills like Python/Data Science?)
Now this questions really depends on personality and preference. So far I would have to say mine is recruitment..... **strange I know**. While I have met many amazing people, and actually hired a few through Wall Street Oasis, you also have to deal with a LOT of bull sh*tters. More than I was...
Thanks Everyone for the responses! I will update with any notable progress. ![thumbs up](https://media2.giphy.com/media/GCvktC0KFy9l6/giphy-downsized.gif)
Bernie Sanders is emerging as shaping this democratic primary field. Something he says a lot, in response to nearly every question, is "we need to transform this economy". In the questions related to Trump comments about Baltimore, somehow, he says something like, "Donald...
What are this forum's thoughts on Elizabeth Warren's outlined plan to regulate private equity? Interestingly I haven't seen this topic discussed on WSO yet. [Elizabeth Warren Takes Aim at Private-Equity...
I saw this on twitter and I thought damn that's a good question. Someone else said "That time has far more value than money." I answered "still waters run deep" Someone's calm or quiet nature does not reflect their level of depth, likability, or...
Simple yes or no with an explanation if you seem fit. Do you believe illegal immigrants should receive free healthcare? Do you believe there should be a barrier at the border? (Wall, Fence) Do you believe ICE should be abolished? Sanctuary Cities? If Pablo an illegal immigrant is...
https://abcnews.go.com/US/jeffrey-epstein-accused-sex-trafficker-dies-suicide-officials/story?id=64881684 He was on suicide watch for months. That means they would have constant eyes on him. They would make sure his cell is pretty much bare of anything he could use to self harm. How the fuck...
I have an opportunity to move to a position in my company that would be great experience and provide a career progression opportunity that I've been looking for. This post isn't necessarily about the position, because I've networked and talked with enough people on the current...
I saw this post on Glassdoor and can confirm this is 100% true. Do not be blinded by the positive reviews as Justine (the MD) forces her employees to write them. -Terrible culture with toxic work envirnoment -Employees are “highly encouraged” (i.e. forced) to leave artificially positive...
**<A href="https://forms.gle/2akB7kkxo3qa7hkt9">UPDATE: APPLICATION FORM IS OPEN NOW!!!!</a>...and closing soon (phone invites starting to go out this week)** Fellow <abbr title="Wall Street Oasis">WSO</abbr> Primates, I've been thinking of...
[The great porn experiment | Gary Wilson | TEDxGlasgow](https://youtu.be/wSF82AwSDiU) [Porn Addiction](http://www.yourbrainonporn.com) What do you think about the growing online movements like noFap and the fact that by the time a kid is 12 he's seen more naked women than men would see...
Hello fellow monkeys, This probably sounds like a joke, but I'm 2 months into the job and I'm burning a hole in my wallet going out to buy lunch everyday. I want to try and bring lunch from home a few days a week. What do you guys do for lunch if you bring it from home?
I was just reading on the news that Barr resumed capital punishment and people are so vehemently against it. But why? If you read up on Alfred Bourgeois (he systematically tortured and raped his 2 year old daughter before brutally killing her) or Wesley Ira Purkey (who killed an elderly woman...
Dearest Fellow Primates - when we embarked on this journey of a new WSO logo, I never envisioned there would be such passionate and WILDLY differing opinions... After many weeks of iterations and [countless back and forth](https://www.wallstreetoasis.com/forums/new-wso-logo-branding-icon), with...
tl;dr Lateraled to <abbr title="elite boutique">EB</abbr> (M&A/RX) from T1 <abbr title="bulge bracket">BB</abbr>. Do people think Energy will hit a rough patch with the impending recession? If so, are BB's destined to fall behind like <abbr...
Hi all, Have been using <abbr title="Wall Street Oasis">WSO</abbr> as a source of info for quite some time (soph year of college... now 3 years out of college) and decided to see if I could contribute in any way. I will try to be as responsive as possible to any...
I'm asking as a science major who's interested in the field. Is there a lot of ganging up on the junior analyst by the associates, etc. How common are "Jordan Belfort-esque" personalties usually?
[The share of Americans not having sex has reached a record high](https://www.washingtonpost.com/business/2019/03/29/share-americans-not-having-sex-has-reached-record-high/) > For most of the past three decades, 20-something men and women reported similar rates of sexlessness. But that has...
Have been on-and-off <abbr title="Wall Street Oasis">WSO</abbr> for a while now, thought it was time to give back. Feel free to ask away Background: previously in a top <abbr title="Restructuring">RX</abbr> group (PJT, <abbr...
###What is you Myers-Briggs personality type? You can take the test here but answer with the truth, not what you WANT to be true. Take the test at the 16 personalities site or search human metrics myers-briggs ####What was your result? Do you think it was accurate? *The rarest for...
What I heard was Nate Paul's company World Class Capital in Austin is getting raided currently. Anyone know anything?
I messaged an Analyst at a Boutique Bank, asking if he had time to share about his path into <abbr title="investment banking">IB</abbr>. He responded with "Sure, if you pay me $100, $50 before and $50 after I'll talk to you on the phone for an hour and review your...
What industries have you noticed that have continuous growth regardless of recessions? Is there one particularly that surprised you? Is there one that you think is not so safe anymore?
Hey everyone! With <abbr title="investment banking">IB</abbr> <abbr title="summer analyst intern">SA</abbr> and full-time recruitment starting up in Canada over these next couple months, lets get the thread going! This is make or break for some of us...
Hi <abbr title="Wall Street Oasis">WSO</abbr>, I'm a 3rd year at <abbr title="McKinsey, Bain and BCG">MBB</abbr> & am coming up on my last week at the firm. Want to give back to the community since it provided helpful guidance for me as a...
I'm tracking a distressed high yield issuer right now that is owned by a prominent <abbr title="private equity">PE</abbr> firm within an older vintage fund (they've since raised several multi-billion dollar funds). The fund itself also holds several other assets...
I'm an incoming freshman at Wharton so I guess I'm a bit early, but I really want to go into investment banking in the future. I was wondering if anyone knew about what clubs I should join during my time at Penn, or what clubs have produced students that have gone onto firms like...
Was wondering how everyone's job search is going, especially those with 5 to 10 years of experience. I'm currently an Associate (acquisitions & development) at a boutique investment shop in a major non-NYC east coast market. I have 6 years experience including 2 years at a...
Basically I got a call from HR on a Thursday saying my work visa transfer got denied so I had to pack up and leave the US by Monday. Currently overseas sorting out my situation - my girlfriend and all my friends stateside, as well as my family here, are still in shock. Background: I'm an...
<h4>About</h4> After taking a relatively non-traditional path (broken out below), I'm now in my second year at a well-regarded corporate fund focused on that invests in healthcare (HCIT / Devices / Services) companies across the full life-cycle (seed => <abbr...
Please rank the 4 undergraduate programs in order of best to least with regards to <abbr title="investment banking">IB</abbr>. Stern #2 only to Wharton according to U.S News, but most on this site seem to disagree.
I see a lot of people writing inspirational stories of networking and I just want to be honest with all the users on here. Those stories, are RARE. Everyone in my group goes to a target school, knew someone within the group, and/or has an insane story. Also, the group likes to recruit from its...
Chicken Pot Pie
Hello All, Long time lurker, but I've had an event at work happen and would like to hear what others would do. I work in a GSE underwriting/production role In the late fall of last year, my manager of 3 months was let go. I wasn't sure of the reason, just that my big boss asked...
Please list your personal favorite finance movies. I expect to see a bunch of of Wolf of Wall Street's and American Psycho's but what else? I am basic so my favorite is the Big Short. Anything else you have to suggest?
<h4>About</h4> I broke into the Blackstone restructuring group, I stayed for 10 months then joined a start-up hedge fund. I'm now working on my own startup (<a href="https://atom.finance/home/?inviteCode=beta10">atom.finance</a>) focused on building a...
Cheap, expensive, whatever -- I'm looking to expand my selection after getting out of school. What're your go-to brews?
I started out as a desk analyst, doing spreadsheet and programming things for all the traders on the government desk. I went to a non-target state school, and my entry job to the ibank was in the IT division as a VBA Excel and SQL database developer (back when that was special). After a few...
Excuse this shameless defense, but just some thoughts - IU Kelley seems to get fairly strong support here from users on <abbr title="Wall Street Oasis">WSO</abbr>, however I feel like I still semi-regularly see people say that it is a "joke school". That seems to...
Currently weighing two <abbr title="full time">FT</abbr> offers- one is an <abbr title="elite boutique">EB</abbr> but in their boston office, the other is a less prestigious firm in <abbr title="New York">NY</abbr>. The boston...
So I just got told that my job (along with many others on my team) is going overseas to a country with a lower cost of employment. It hurts as I've been on this team for years through thick and thin, stress and fun, laughs and problems; whatever. I have until the end of the year on their...
Ok monkeys here it is: Highest version number you’ve seen on any file (ppt, xls, whatever) PLUS 2 * Longest number of hours spent on your second longest week PLUS 2 * Number of pages in longest book you’ve done Looking back at my 2 years in <abbr...
Mauris blandit aliquet elit, eget tincidunt nibh pulvinar a. Mauris blandit aliquet elit, eget tincidunt nibh pulvinar a. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia Curae; Donec velit neque, auctor sit amet aliquam vel, ullamcorper sit amet ligula. Nulla...
Hey everyone. I recently graduated from school (non-target) and have received two offers. The first is at a top <abbr title="bulge bracket">BB</abbr> RE Lending group (where I would be doing both CMBS and <abbr title="balance sheet">BS</abbr> lending)....
Am hearing a number of analysts and associates at my firm discussing this, one apparently having gotten confirmation from someone he knows at JPM. Can anyone else confirm or deny anything in regards to the specific teams/groups/sectors that did or didn't make offers as well can anyone...
**Background** Hey <abbr title="Wall Street Oasis">WSO</abbr>, I've been a longtime lurker (for some advice, but also for the laughs) and thought it's probably time to contribute back (as I also have something somewhat valuable to contribute now). Some general...
Came across this proposed deal today. https://www.wsj.com/articles/trump-eyes-a-new-real-estate-purchase-greenland-11565904223 At first glance it might appear that LBOing Greenland, likely with 100% debt as the strategic [USA] is highly levered, is a bold high risk high return move. At...
So I'm going to an ophthalmologist this week. Been having symptoms of a detached retina. I know I'm being a pessimist, but in preparing for the worst, I don't see much hope of being in investment banking if I go blind ( applying to internships right now). Anyone know people or of...
<abbr title="investment banking division">IBD</abbr> at both. While <abbr title="Deutsche Bank">DB</abbr> is still a <abbr title="bulge bracket">BB</abbr>, given the recent news around the firm I feel as though this decision is a...
Just released yesterday by Disney that they would be bundling their new streaming services they've acquired over the past couple of years for $12.99 (https://techcrunch.com/2019/08/06/disney-hulu-espnbundle/) ... As of right now Netflix alone cost from $9-16. Want to gather thoughts on this...
Is it just me, or has air travel gotten unbearably bad lately. I'm stuck on LGA tarmack as I write this. Landed over two hours ago. Trip was from <abbr title="New York City">NYC</abbr> to Boston and both outbound and return flights delayed over an hour. LGA isn't...
I’ve noticed that a manager only on the trading floor ridiculing ex-employees. Comments like “John was a f* idiot how did he get hired” or “I hated working with John he was always...”. At what point is this too much? I’m trying to figure out where the line is. Caveat, John...
Going off the other post about cringy Linkedin stuff, I still have not managed to find a single post on Linkedin that wasn't completely unnecessary. For me, I see motivational <abbr title="balance sheet">BS</abbr>, humblebragging about their summer internships, and...
I am just wondering whether you all have friends (outside of the bank) or an SO working these hours? I see indication of analysts dating, but am unsure whether this is real or just people self projecting an image of themself that they want. I mean where is the time to develop serious...
Had <abbr title="investment banking">IB</abbr> dreams since 10th grade so I put in the work (perfect score on SATs, lights out GPA, sports etc). Rejected from all ivy's, but a blessing of an acceptance from a target (UVa, b/c fuck anonymity). Due to some serious mental...
<strong>Financial modeling</strong> is a skill that any investment banking analyst will have to master. Although the majority of investment banks and other financial firms now have formal training programs, many students and prospective finance professionals are choosing to enroll in...
Hi all, I have been interested in energy for a while now but have not been able to dig up a consensus on deal flow and relative strength of the different banks. Took a brief dive into my school Bloomberg and below is what I found. Focused on purely <abbr title="mergers and...
I am fascinated by the way that the internet has now enabled certain entrepreneurial young females to sell their virginity for ungodly sums. It first started with a gal in Brazil selling her virginity online for $780k to a Japanese...
So what can we really do about guns in America? Alone among developed nations, the US is a haven for guns and gun-related deaths. I've never been able to understand America's love of guns, or why any society thinks it is at all safer with guns on the street. I think this...
As some of you who have seen my previous posts know, I was looking for a new job after I realized that my current gig (small fund) wasn't working out. I finally found another job and tendered my resignation to my PM / boss this week. During our discussions, unsurprisingly, I was peppered...
I work doing acquisitions, and I have recently considered applying for some Development Associate positions. Some postings at larger shops list <abbr title="Chartered Financial Analyst">CFA</abbr> on their requirement lists, and I believe this could be the...
I've gotta say, we all are different and all have our own pet peeves. I took a test the other day on what mine would be and I was slightly surprised. The **worst** for me has gotta be working for someone who gets **bent out of shape over a question**. Now this may seem specific, but based...
Hi everyone! I am from <abbr title="New York City">NYC</abbr> and I go to a school here that ultimately helped me to land an <abbr title="investment banking">IB</abbr> internship. The housing at school is very limited and since I am from <abbr...
https://www.propublica.org/article/university-of-illinois-financial-aid-fafsa-parents-guardianship-children-students# As college acceptance becomes increasingly competitive, and college costs continue to rise, some parents have found a "technique" for their children to gain...
Motivate me, I am rather young I would love to hear everyones experience with overcoming adversity. I am currently in that weird quarter life crisis part of my life where I am reevaluating my life choices. I would love to hear any good stories on how fellow monkeys have pushed through tough...
Are you on the pitbulls are as bad as their owner treats them side or the pitbulls are genetically and statistically more likely to kill someone or someone's pet and should have no place in society and we should adopt the EU's muzzle over mouth law.
<h4>About</h4> I knew nothing about finance, below 3.0 GPA from UIUC, and had no connections. But I made it. I found my way on to the trading floors in Chicago and eventually got hired at a top firm as a trader. I managed the European session for one of the largest fixed income...
Couple of weeks ago the 1st year passed since I joined this L/S equity hedge fund, c.a. $100m in assets with global mandate. We're based in Europe. I joined here upon graduation, with some prior experience in private equity/consulting. Day 1, the PM I work with literally told me to find...
Hey everyone - I'm a second year <abbr title="investment banking">IB</abbr> analyst from the Midwest. I'm weighing a few opportunities for my next role, specifically in Atlanta and Las Vegas and wanted to get some input if anyone has lived in both locations. By...
So was wondering what people’s opinions were on preparation for behavioral and fit questions. I know a lot of emphasis is put on learning technicals and preparing as much as you can for them, but for behavioral and fit do you guys do the same amount as preparation or just come up with a...
I am an undergraduate student studying Real Estate and Urban Economics. I am going into my junior year, and am currently in my first internship, working at a development/capital firm directly underneath the Asset and Property Managers. I know that I have a long way to go in my career before...
Be honest. For everyone's sake and for your own! Are you a gossiper? Are you an instigator? At every job I've worked at people like to say that they don't (of course) and 5 minutes later they are talking crap about someone to me. I get the working somewhere for years can...
The market seemed to be a little sketchy last week and even though this will probably blow over, I think we can all agree that at some point in the next few years we are going to see a big recession just considering the fact that we've had a 10 year bull market. I was pretty young in 2008...
I saw a great post from @ThinkorSwim2015" on the “cringeyness” of LinkedIn, and everyone had their own opinions. So what would YOU change to the site? Remember it’s supposed to be a professional site, but it’s become something totally different. What would the perfect...
As the title states, I-Sales blows. Been an analyst in <abbr title="New York City">NYC</abbr> for a while and have been trying nonstop to find the positives but this experience has shown me that there is no way i could do this for the rest of my life. Curious to hear others...
I can't own firearms on account of felonies I got caught committing and also because I was hospitalized in the psych ward at 17 on some trickery shit. I strongly believe in being able to defend oneself hand-to-hand as well as at range. What weapons would you arm yourself with if you...
Hey Monkeys, with <abbr title="private equity">PE</abbr> recruiting right around the corner (I've heard some of you are already getting reached out to by recruiters!!!) the team and I have been thinking of ways to help you better prepare and stand out from the rest of...
Time and time again, I feel invincible riding an adderall and corona buzz and I think one more drink couldn't hurt on a work night. Then I die the next day. Pls help
Conflicted Dream Chaser
My situation: My theory+technical understand is not the best. That being said, I actually struggle really understanding what's going on in the markets + news. Id like to be able to actually form my own opinion on matters rather than just tag along what I hear. Timeframe: I have all day...
Experience spans across energy commodity markets, <abbr title="Sales and Trading">S&T</abbr>, alternative investments, strategic busdev, corporate strategy leadership and risk mgmt. <h4>My Background:</h4> <li><abbr title="balance...
I work for a smaller development firm where basically all the senior front-office folks are principals (they had a long hiring pause post-recession). I started as an analyst and am now being promoted, but since there isn't much precedent for my position I'm in the unique position of...
I'm an undergrad with a 3.1 GPA in a hard major. However, my GPA is a 3.5 if I exclude two semester during a direct family member terminal illness. I list my current GPA on my resume, but not sure I should include the 3.5 explanation or just wait to explain in an interview. Would prefer to...
Hey guys :) I'm a rising sophomore getting a bachelors of architecture degree. I'm looking to possibly go into Real Estate, particularly development and other sectors that are more on the buildy/architecty side rather than the finance side. I have a few questions: 1. What...
Have you ever gotten through multiple interviews, great coffee chats, impeccable compliments on your demeanor, but STILL did not get the job? Have you ever worked at a job full of empty promise promotions, piling loads of work, and still did the job WELL, but still no offer? Share a time...
Hi everyone, I have been having challenges in getting superdays. I get hirevues but don't here back after. I know that there is a <abbr title="JP Morgan">JP</abbr> Morgan superday happening on the 20th in <abbr title="New York">NY</abbr>. I'm...
Hey monkeys, As I am a rising sophomore at a non-target, I have been trying to position myself as best as possible to land an <abbr title="investment banking">IB</abbr> gig. I understand that a very common path is for students to do an internship in <abbr...
<h3>About</h3> <li>An Associate at a private equity firm focused primarily on consumer and retail products</li> <li>Generalist <abbr title="mergers and acquisitions">M&A</abbr> full-time role at a bulge bracket...
I've always really been interested in the financing side of real estate more than the operating/building /physical DD side of real estate. Brokerage sounds a bit sexier to me in that you spend more time arranging financing, building models, studying capital markets and meeting with clients...
Monkeys, With 2019 analyst bonus season in full effect, any ranges for bonuses received yet? Also for single data points, see below for template. Level: A1, A2, or A3 Base Salary: Bonus: Type of Bank: <abbr title="bulge bracket">BB</abbr>, <abbr...
Fellow primates, now that we have switched to a new logo, we are creating a short intro (audio/visual) that will go in front of all of videos and audio content. Would love your opinions on the 2 (very different) options below (ignore the woman saying "audio jungle" at the end of each...
Berkeley has officially become the first city in the United States to ban natural gas.. What does this mean for the future? Should those in the natural gas industry be concerned more than ever? Or is this just a case of Berkeley being Berkeley..