WSO: Lessons Learned the Hard Way

[image]() Hey {NAME}, We just launched our new [Corporate Restructuring Course](). Check it out [here!]() -Patrick TOP DISCUSSIONS 1) [What Lessons You Learned the Hard Way so Everyone Else Doesn't Have to?]() - "Always remember who you work for. You definitely don't work for your VP. You don't work for your Partners. You don't work for your company. They might review your work, they might pay you. They might benefit from all the amazing hard work that you do. But it isn't about them. You work for you..." 2) [Real Work in Trading](=) - "The simplest difference between prop/sell-side is that prop firms are most likely taking more bets on greeks/direction rather than trying to back out of the flow/warehouse risk. This means some sell-side desks that end up having illiquid products and require some risk warehousing can be very similar to prop trading desks. There's more about this, but it should be a good summary..." 3) [AI Is Getting Smarter]() - "Interactive learning has been shown to be 6x more effective, so Get hands-on with quantitative finance, learn to build a neural network, play around with datasets, puzzle through the logic behind foundational math. Thousands of..." 4) [Q&A: Strategic Finance at Late Stage Tech Startup]( - "I spent 2 years in BB IB, and currently ~1 year into my current role at a late stage tech company (Series D+, 5bn+ valuation as of last round)." 5) [How Do You Deal with Uncertainty?]( - "Now, you are starting your job in finance in a market that is prone to fall; inflation is still high, and we are yet to reach the turning point. There are already rounds of cuts before us, and it might not be an exaggeration that there's even more to come. If we have to bring AI into the conversation, well, that bonker might take all of our jobs in 10 years, who knows?" This Inve​​stment Platform is Kicking the S&P’s A** With a 27.3% Return. You’re Welcome. [image](~Link-60805490~) This Inve​​stment Platform is Kicking the S&P’s A** With a 27.3% Return. You’re Welcome. That’s not vape smoke you smell, it's your investment portfolio going UP in smoke after the complete market meltdown. *cough* *cough* *cough* Time to face facts – the go-go era is over. That’s why savvy financial minds are rapidly growing their exposure to alternative assets like blue-chip art, a $1.7 trillion-dollar asset class that outpaced the S&P 500 by 131% since 1995, according to Citi. And we’ve found the smartest way for everyday people to get in on the action: Masterworks. Even through the worst market conditions in decades, Masterworks’ fine art investing platform still sold over $45 million dollars in artwork - with the net proceeds going straight to investors just like you. Don’t worry, the billionaires haven’t bought it all up; The global value of art is expected to grow a whopping $1 trillion by 2026. Which means there’s still time for you to get in on the action. That’s why what Masterworks is doing is so special. With +710,000 users, demand to join this investment platform is through the roof. But Weekly Wrap-up subscribers can [skip the waitlist here with this special VIP link.](=) See important disclosures at [masterworks.com/cd](=) TOP DISCUSSIONS CONTINUED 6) [Is Oil and Gas IB/PE Dead?]() - "It's a boom and bust cycle, but the busts absolutely kill PE firms. Many PE firms went belly up and even more of the MFs/large-scale money are out of O&G on both profitability and ESG concerns. I've seen many guys with 5+ years of top-tier experience in O&G PE really struggle to land something when their firm shuts down...." 7) [To Win the M&A Game, It Helps to Know the Terrain]( - "You won’t get this intel from industry news sites, regulatory filings, or any other sources, by the way. Nope, only the SRS Acquiom Study provides analysis of more than 2,100 private-target acquisitions valued at more than $460 billion—most of which aren’t required to be publicly reported." 8) [The Cost of Getting Old](=) - "Getting old is expensive. I've heard some people spend 90% of their health expenses in the last 10% of their life. My mom generally had zero health problems until the dementia hit...." WSO ALPHA - LATEST UPDATES We just uploaded the [April brokerage report](=) for those of you curious how we did. POLL OF THE WEEK [image]( HOT JOBS [Senior Finance Associate (Hybrid)]() - "In this role, you will have direct access to C-suite executives at multi-billion dollar enterprises. In addition, you will learn to negotiate and structure investments in tech startups while leveraging the scale of a leading enterprise." [Managing Director Investment Banking (Remote)]( - "Deep knowledge of and strong passion for global capital markets, including IPOs, secondary offerings, after-money-transactions, SPACs, bond issues, syndicated loans, structured finance, and project finance." [Investment Banking Associate]() - "Our Associates work directly with our senior bankers in executing all facets of an engagement. Associates will be responsible for company, industry, and transaction analyses as well as financial modeling, and a variety of business development initiatives. Associates will gain exposure to a wide variety of transactions and will be expected to contribute to multiple live deal teams concurrently." [Equity Research Analyst (NY)]() - "The firm is a NY-based L/S hedge fund seeking to hire an Equity Research Analyst to support the firm's research and financial analysis of prospective investment opportunities. The Analyst will be reporting directly to the CIO and COO of the firm. The firm takes a value-oriented, fundamental approach to investing in publicly traded REITs and real estate-related companies, focusing on special situations and distressed investing. It has strategic backing from a multi-billion-dollar alternative asset manager." [Senior Financial Strategist (Remote)]( - "The Senior Financial Strategist will oversee the Firm's financial planning and analysis function. This includes developing and maintaining financial models and forecasts, managing budgets, analyzing financial and operational performance, providing insights and recommendations to the leadership team, and conducting financial analyses to support investment decisions." [Senior Associate or VP - Investment Banking (Southwest, US)]( - "Based in the Southwest, the firm provides best-in-class major-market IB experience and senior management expertise to successful, growing businesses throughout North America. Our service offering includes M&A advisory, capital raising, debt restructurings, fairness opinions, and business valuations." [Wall Street Oasis Finance Research Analyst Internship](=) (Remote) - "We're looking for several interns to commit to 15hrs/week over 12 weeks (175 hours total). Perks include courses, WSO bootcamp, LinkedIn recommendations and more..." [Browse all jobs on The Talent Oasis]() @WALLSTREETOASIS TOP POST [image]() ON DECK - TRAINING All in Eastern Standard Time - May 20, 10am - 2pm - [Venture Capital Bootcamp](=)***** (Open Now) - May 27, 10am - 5pm - [Investment Banking Interview Bootcamp](** (Open Now) - June 3, 10am - 5pm - [Financial Modeling & Valuation Bootcamp](=)** (Open Now) - June 24, 10am - 2pm - [Excel Master Bootcamp]()**** (Open Now) - July 15, 10am - 5pm - [Financial Modeling & Valuation Bootcamp](** (Open Now) - July 15, 10am - 2pm - [Venture Capital Bootcamp](***** (Open Now) - July 29, 10am - 5pm - [Investment Banking 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! ** Financial Modeling & Valuation Bootcamp includes lifetime access to the [Elite Modeling Package](=) *** Investment Banking Interview Bootcamp includes lifetime access to the [IB Interview Course](=) **** Excel Master Bootcamps include lifetime access to the [Excel Modeling Course]() ***** Venture Capital Bootcamps include lifetime access to the [Venture Capital Course](=) [Facebook]( [Twitter]( [LinkedIn]( [YouTube]( [Instagram]( [image]() Don't want the WSO Weekly Wrap Up? [UNSUBSCRIBE HERE]() [Unsubscribe]( from ALL WSO Emails IB Oasis Corp. (aka "Wall Street Oasis") 20705 Saint Charles St Saratoga, California 95070 United States