It’s a bloodbath out there. There is no question about it. Revenues at investment banks are down 50%+ year over year as rising interest rates and slowing economic conditions have put a complete pause on most M&A activity around the world. It’s crazy how an industry can go from having an insanely good record year […]
Moving to Miami? 10 Reasons Why Florida Is Better Than NYC
Ever since COVID and the onset of remote/hybrid work, more and more people are rethinking where they want to live. For the past few decades if you wanted to work in finance, law, or any other white collar type job, New York City was the place to be. Especially when you are early in your […]
Will Bitcoin Be Worth $1 Million+ In A Decade? A Value Investor’s Thoughts
At the time of writing this post, Bitcoin’s price is $16,877 (December 2022). I have been watching the crypto markets in general since early 2017 when everyone started to notice the new asset class. Back then I didn’t think much of it, put some money to work in the space in the main coins and […]
Top 1% Net Worth By Age In Finance – Wall Street Edition
If you landed a job in finance right out of college, you will likely be incredibly happy by the amount of money you make as a 21/22-year-old. Unless you grew up rich with high expectations, making $100-200K right out of school is a great start to a career and sets you up well with building […]
List Of The Best Private Equity Funds To Work For (2023)
Ah private equity, the promise land after investment banking. Every year, hundreds of fresh investment bankers try to break into private equity. But which private equity firms should you work hard to get a job at and which private equity firms should you avoid? These days in your early 20s, everything is all about prestige […]
How Much Do People In Finance Make? Let’s Just Say, Millions.
You don’t realize how much people actually make in finance until you work in the industry. Yes, sure you can make around six figures at some of these fortune 500 corporate finance role or be an investment banking analyst making close to $200K a year just a year out of undergrad, but that’s not where […]
Hedge Fund Interviews – Case Study Guide
Hedge fund case studies can be challenging, especially if you have never worked at a hedge fund before and do not have prior investing experience. If you want to break into the industry, the case study is the most important step to master as it differentiates those who understand investing versus those who don’t. It […]
Complete Guide to Distressed Debt Investing – Overview For Dummies
To many, distressed investing sounds a lot more complicated than it actually is. Given there are not any great resources online on distressed debt investing, I figured I’d write a basic overview based on my experience investing in distressed debt securities. Most people break into the buyside via the traditional investment banking path where you […]
9 Steps to Save 1 Million Dollars in 10 Years – Finance Career Advice
Anybody who starts early and plans out their careers, goals and aspirations when they are young can easily save $1 million in 10 years. Many may think this is absolutely impossible to save that much money in such a short period of time, but in reality, it is really not that hard. You just need […]
Investment Banking Salary and Bonuses – From Analyst to MD
Unless you grew up surrounded by investment bankers, you probably have no idea how much people in this industry really make. I grew up in a middle-class family where my parents barely made six figures combined for most of their careers. I was never exposed to NYC wealth as a kid and I thought the […]