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Investment banking is for idiots.
| sadistic alcoholic ape | 07/31/15 |
| diverse lay | 07/31/15 |
| ruddy brunch striped hyena | 08/01/15 |
| Jet international law enforcement agency | 07/31/15 |
| obsidian startled roommate partner | 07/31/15 |
| Orange metal space | 07/31/15 |
| flirting field national security agency | 08/01/15 |
Poast new message in this thread
Date: July 31st, 2015 8:54 PM Author: sadistic alcoholic ape http://dealbreaker.com/2015/07/20-year-old-hedge-fund-summer-intern-wouldnt-lower-himself-to-working-at-goldman-sachs-if-his-life-depended-on-it/
Business Insider spoke to some of these young people and learned why banks like Goldman Sachs have become a “backup plan” for them. “A monkey could do the job” of a junior banker, said one Ivy League student who’s currently interning at a hedge fund. At investment banks, interns tend to be Excel jockeys, filling in spreadsheets, creating PowerPoints, and generally doing less fulfilling work. At hedge funds, on the other hand, the interns said they have a bit more responsibility to make real decisions about investments…The buy-side interns we spoke to agreed that “banking isn’t the most intellectually stimulating job.” And, they said, anyone who’s gunning for a career on the buy-side would be “taking it slow” by first spending two years at a bank. |
Date: July 31st, 2015 8:55 PM Author: diverse lay This is absolutely true. Banking is for people that want to make money, are reasonably chill and smart, but not STEM oriented enough to hack it on the buyside (http://www.autoadmit.com/thread.php?thread_id=2950827&forum_id=2#28453033) |
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Date: August 1st, 2015 2:35 PM Author: ruddy brunch striped hyena just do reasonably chill 100 hr weeks (http://www.autoadmit.com/thread.php?thread_id=2950827&forum_id=2#28456884) |
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Date: July 31st, 2015 8:57 PM Author: Jet international law enforcement agency “A monkey could do the job” -- so true of BIGLAW too (http://www.autoadmit.com/thread.php?thread_id=2950827&forum_id=2#28453044) |
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Date: July 31st, 2015 9:05 PM Author: obsidian startled roommate partner until hedge funds start training monkeys of their own they ll prefer to let the banks spend the money and time to do it (http://www.autoadmit.com/thread.php?thread_id=2950827&forum_id=2#28453094) |
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Date: July 31st, 2015 9:50 PM Author: Orange metal space (http://www.autoadmit.com/thread.php?thread_id=2950827&forum_id=2#28453369) |
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Date: August 1st, 2015 2:33 PM Author: flirting field national security agency and hedge funds are for high powered computers programmed by a few STEM PHDs (http://www.autoadmit.com/thread.php?thread_id=2950827&forum_id=2#28456883) |