The investment banker and the blogger

Here's a funny read I stumbled upon...

Clearly a joke as the author is a banker himself.

http://www.theibanker.com/the-investment-banker-a…

Once upon a time there lived a diligent, thirty year old investment banker who was known to do little other than work. He divided his time working between London and New York. More than handsomely rewarded by the investment bank for his contributions, he was never short of money and had a penchant for luxurious living. In fact, he demanded the very best of all things. The finest French wine, Savile Row tailored suits and watches only the very best Swiss watchmakers could concoct. It was commonplace to believe that he was living the life.

The investment banker was in Mumbai on business.

It’s Friday night and, having spent the last three days working from before sunrise until well past sunset, he decides to abandon the luxurious Taj Mahal Palace hotel and go out for a drink. The polished concierge enthusiastically recommends a well-known Mumbai institution only steps away from the hotel called Leopold Cafe. “The restaurant serves delectable dishes and popular drinks and is frequented by writers, artists, travellers, business people and even Bollywood actors,” says the concierge ending the statement with a magical head bobble. Wearing his Navy Blue jacket, khakis and burgundy loafers, the investment banker sets out to enjoy a drink or two and unwind a bit.

.....

 

That was a good read. I don't think it was "clearly a joke." It was an indictment of the shortsighted narrow-mindedness that is so typical of the average and prospective banker. People have a lust for money, so they chase a lucrative career. The moral is that if you chase your true passion, success will come regardless of the path that you took following it.

I am permanently behind on PMs, it's not personal.
 

Nostrum aliquam tempora quisquam ut provident corrupti nam. Est repellendus neque autem ut animi vel. Voluptatem aspernatur sed similique laudantium ipsa quasi. Culpa eos voluptas nam distinctio.

Est et perspiciatis in quia velit autem et. Voluptatem est adipisci eaque sit enim sunt. Voluptas numquam architecto id ea consequuntur est aliquam. Fugiat suscipit et quibusdam enim. Placeat quos sed cumque et facere consequuntur inventore. Non sunt similique est rerum provident possimus iste autem. Id expedita velit consequatur et.

Career Advancement Opportunities

May 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Perella Weinberg Partners New 98.9%
  • Lazard Freres 01 98.3%
  • Harris Williams & Co. 24 97.7%
  • Goldman Sachs 16 97.1%

Overall Employee Satisfaction

May 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.9%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 05 97.7%
  • Perella Weinberg Partners New 97.1%

Professional Growth Opportunities

May 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.9%
  • Perella Weinberg Partners 18 98.3%
  • Goldman Sachs 16 97.7%
  • Moelis & Company 06 97.1%

Total Avg Compensation

May 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (21) $373
  • Associates (91) $259
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (68) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (148) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
dosk17's picture
dosk17
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
CompBanker's picture
CompBanker
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”