WSO: Advice From 2014 - What Worked (And Didn’t)

Hey {NAME}, What an insane week! Our Hirevue simulation is live now inside WSO Academy. We all know how awkward staring into a camera and delivering an interview can be…especially if you’ve never done it before. Now, inside WSO Academy, we have a simulation that mimics the experience of these video interviews to ensure that our students ace them. They also get graded so they know what they need to work on most. This is just one tiny feature of one of our 10 pillars that makes the academy so powerful. Hope you’ll check us out so we can help you, too. [Learn more here.](=) -Patrick Top Discussions 1. [I Followed Your Advice from 2014 - Here’s What Worked (And Didn’t)]() - "I was hired at a BB in 2014 as a VP in Wealth Management and asked the users here “Tell Me How to Be a Great VP”. simian_superman requested that I go back to the archives and let everyone know what worked, what didn’t, and if I even followed any of the advice. I did use some of the advice provided in that thread and I picked the top and bottom 3 things to share today over 10 years later..." 2. [How are Developers Still Building?](=) - "I mainly work on retail, multifamily, and plain jain combinations of the two, and I can only talk about the Southeast. Retail deals are happening in tertiary markets with tenant demand being so strong. Ground leases and improved land sales are transferring the development cost to the tenants, and the tenants accept so they don’t lose sites to competitors. Cap rates for investment grade credit are tight enough for us to do site work and pour concrete. Grocer tenants have been growing consistently for the last several years, and the outparcel business is still fairly active which is juicing IRR. Multi tenant buildings aren’t really working, but that looks to be changing. On the multifamily side, the vanilla garden style deals breaking ground in my neck of the woods are good sites in stable markets..." A better VDR and Team Dinner is on Caplinked! WHY are you still using the VDR the partners used twenty years ago? Switch to CapLinked and make those tedious VDR tasks a breeze. No more late nights or weekend grinds dealing with software that should be in The Smithsonian. With CapLinked, you’ll manage your data room faster than you can say “due diligence.” Secure, efficient, and so user-friendly, you might even get your weekends back. Join the ranks of young finance pros in investment banking and private equity who’ve discovered the secret to smooth sailing. CapLinked: Making your work life easier, one deal at a time. Caplinked - A Better Platform at a Better Price [Start with a quote to get Team Dinner on Caplinked]( Top Discussions Continued 3. [How to Deal with Elitism]( - "I have no issues with people coming from well connected and wealthy families but some people constantly seem to shit on others? Another SA literally made fun of the cleaners after a work event (they said imagine being 30 years old and still cleaning shit), he was a bit shocked when I told him and the rest of the interns that both my parents are cleaners. IDK if I even want advice or to just rant but some people just need to have a bit more social intelligence and shut their mouths." 4. [How to be the Best MBA Associate Possible? Advice Needed for Your Average Joe]( - "I think everything is in framing. Say your analyst does some solid work that you want to review, I would ask them if you can “go through it together to make make sure we are aligned and I understand what you did” or something like this. Not “hey please teach me.” Then ask them why did you do x, how did you get assumption y, etc. Then go back to your desk and rebuild any confusing parts. In this way, the analyst is teaching you, in effect, but you aren’t being servile. Again, a good analyst will run circles around you – even a rising 2nd year is going to have 4,000 hours of experience plus several years of anticipation / internship recruiting / internships, so it is just going to be that way and you need to accept that..." 5. [How Hard to Study for PE Interviews?](=) - "It’s very person-dependent, as I felt I am generally good out thinking through things on the spot and articulating my thoughts confidently. So for me - my real prep was (1) Paper / Excel LBOs (2) Deal talk (3) Qualitative case studies / developing an investor framework (4) Accounting fundamentals and banking technicals.." 6. [BofA Spiraling?]( - "People are leaving in droves (mostly associates and VPs) due to the shit pay. Took a few months but finally a lot of people have left or are leaving. As expected, the high performers are burning out and leaving, and the less talented ones are hanging around collecting checks..." New Podcasts Coming in Hot 🔥 - Emotional Intelligence in Finance - Who Will Be the Next AI Titan After Nvidia? WSO Alpha - Latest Updates 📈 We uploaded the [April brokerage report]( for those of you curious how we did. Hot Jobs 💼 [Investment Banking Analyst - New York, NY](=) - "Analysts work as part of our banking team and play a critical support 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 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) - Aug 3, 10am - 6pm - [PE 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? 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