📰 WSO: The Morality of PE

Hey {NAME}, Step up your finance game at our [Financial Modeling and Valuation Bootcamp!]() Join us on June 8-9, 2024, for two days of intensive learning. -Patrick Top Discussions 1. [I Should have been a Marketing Girly (A Rant)]( - "I just feel like I was NOT built for this. I AM the marketing girl the finance guys are dating. I don’t know why I thought I was a finance girl like why was I trying to be cool I literally post on TikTok and and don’t care if a company has a 60% margin profile and no customer concentration. I DONT CARE. I care about vitamin c serums and Pilates and if kale is bad for you or if it’s the best thing in the world..." 2. [How are Women Treated in IB?]() - "Women need to constantly perform equal to peers regardless of their life phase; there's always pressure to perform equally. In the current economy, I've seen several high-performing women and men lose their jobs. RIF and layoffs are the new normal and don't guarantee anyone protection based on gender. Women at my bank always supported one another and were never just competitors. I've had several women mentors and admired many females in leadership roles..." Smart Resumes, Smarter Careers Elevate your first impression in the finance world with WSO Academy's smart resume services. Harness the power of AI to craft resumes that don't just list your experiences but highlight your potential. Our AI-driven approach analyzes and optimizes every detail, ensuring your resume speaks directly to finance industry leaders. Combine this with our AI-enhanced LinkedIn profile reviews, and you're set for a smarter, more strategic career path. Step into the era of intelligent career tools with WSO Academy. [Click here to join the WSO Academy Waitlist. Limited slots only.]( Top Discussions Continued 3. [A Guide to HK Investment Banking - 10 Most Frequently Asked Questions (2024)]( - "In summary, finance in HK can be lucrative, but will probably not make you rich. It is moreso a way to make a upper-middle-class, comfortable living. You must know fluent Mandarin, and you must be able to pitch and socialise in Mandarin over time (business fluency). Knowing the cultural nuances is important to make friendships & drive deals; otherwise, you will fail to get promoted past VP. Americans and Brits, would not recommend you work in IBD specifically in HK. Generally, you won't survive – sorry but it's the truth..." 4. [The Morality of PE]( - "In reality, PE gets the blame for the layoffs / firing the management but majority of the time the cause of these actions is due to the lack of focus on efficiency by the previous owner. I'm also not saying this blame is "unfair", it's the job of PE firms to clean up and optimize the firms they buy (which they get compensated for in returns) and often times founders chose to exit to PE firms to have a path to instant monetization without the blame or pain that would come with optimizing the firm / cutting staff themselves if they retained ownership." 5. [Investing insights that beat the S&P](=) - "I couldn't believe the clarity FINQ brought to my investing. Their daily objective rankings show exactly which stocks to buy, which to short-sell, and when to act. I wish I had joined at inception since their portfolios outperformed the S&P by over 30% to date. It feels like I’ve tapped into the secret to mastering the market." 6. [Family Life in Banking]() - "Bro other peoples stories are not your future life. Especially with the way WLB is being valued today. Honestly find a shop that offers a culture that truly aligns with the lifestyle you want. There are plenty of family oriented shops (most likely not the BB or EB). You just gotta find them. You don’t got change your career off a hypothetical. But ofc if you don’t love the game go find something that brings you true satisfaction and joy. And those who truly care make the time no matter what." 7. [Donating to the Homeless](=) - "Seems as though we have many people on this forum who are paid very highly. I'm curious to know if being in the top percentile of earners has made you more humble. Ever since starting in finance, have you donated to homeless people more? Have you tipped the coffee shop worker even though she messed up your order 3 times just because you can? Have you started to invest in companies that focus on social welfare as opposed to just profits? I feel as though these are some of the key aspects that a normal citizen hopes to see out of higher-paid individuals but I wonder if that's really the case. Or has the extra income made you spend on more luxury items?" New Podcasts Coming in Hot 🔥 - Non-target to Investment Banking - Chat with Helen (Wake Forest to Raymond James) - The Economy is on Fire WSO Alpha - Latest Updates 📈 We uploaded the [April brokerage report]( for those of you curious how we did. Hot Jobs 💼 [Investment Banking Associate - New York, NY]() - "Associates work as part of our banking team and play a critical role in the management of workflow and the execution of sell side transactions, assist on buy-side engagements, and in the generation of pitch books and financial models for our current and prospective clients..." [Sr Discretionary Researcher / Trader - Fully Remote]() - "We are a discretionary, event-driven proprietary trading firm and hedge fund specialized in the digital asset space." [Marketing Manager - West Coast, US](=) - "The Firm is an early-stage venture capital firm with $300mn in assets under management and a deep commitment to supporting the next generation of groundbreaking technology..." [Research Associate (Equity Small Mid Cap) - New York, NY]( - "This position will support the Small/Mid-Cap Equity research team and initially be responsible for covering multiple sectors in support of current team members." [PE Associate - Reston, VA](=) - "The Firm is a growing middle-market private equity fund that currently manages over $700mn of committed capital across several fund vehicles." [Browse all jobs on The Talent Oasis](=) On Deck - Training 🎓 All in Eastern Standard Time - June 1, 10am - 6pm - [PE Interview Bootcamp](=)* (Open Now) - June 8-9, 10am - 6pm - [FMV Bootcamp]()** (Open Now) - June 22, 10am - 2pm - [IB Interview Bootcamp](=)*** (Open Now) - June 29, 10am - 6pm - [Foundations Bootcamp]( (Open Now) - July 13, 10am - 2pm - [VC Bootcamp](=) (Open Now) - July 13, 10am - 2pm - [RE Modeling Bootcamp]() (Open Now) - July 20-21, 10am - 6pm - [FMV Bootcamp]()** (Open Now) - July 27, 10am - 2pm - [IB Interview Bootcamp](=)*** (Open Now) Stay Strong, Patrick Curtis CEO and Founder, [WallStreetOasis.com](=) WSO Mobile App: [iOS](=) | [Android]( PS - We're also always looking to add [resume reviewers](=) and [WSO Mentors](=) to our team. Set your own pay (from $40/hr to up to $400/hr) to increase or decrease mentee flow. To submit an application, go [here](. PPS - Think you have an interesting story? Want to share it with our podcast listeners? Hit reply and let me know! * PE Interview Bootcamp includes lifetime access to the [PE Interview Course]( ** FMV Bootcamp includes lifetime access to the [Elite Modeling Package](=) *** IB Interview Bootcamp includes lifetime access to the [IB Interview Course]( [Facebook](facebook.com/wallstreetoasis) [Twitter](twitter.com/wallstreetoasis) [LinkedIn]() [YouTube]() [Instagram](instagram.com/wallstreetoasis) Don't want the WSO Weekly Wrap Up? [Unsubscribe]( IB Oasis Corp. (aka "Wall Street Oasis") 14435 Big Basin Way PBN 444 Saratoga, California 95070 United States