WSO: Just Inherited $5mn

[image]( Hey {NAME}, IB recruiting season is HERE. Don't be too late - make the most of the next couple months. [Check out WSO Academy](=) -Patrick TOP DISCUSSIONS 1) [$30 is NOT Enough for a Meal](=) - "Why do analysts need to spend 30 every night for dinner?? I’d recommend not spending that to buy dinner because it could lead to you gaining weight and becoming unhealthy - nobody needs to eat that much, analysts can meal prep and bring a box of pasta or salad to the office for dinner every day instead." 2) [Please Tell Me I Can Look Forward to PE]( - "Really just need someone to tell me it gets better because right now I am failing to see any way out. On the other hand, I really do not see how anything could be worse than staying in my current seat. Would really appreciate any insight on things getting better after the analyst years." 3) [This S**t is Bananas](=) - "MD landed a new deal (finally...) and doesn't care what VDR we use, so I'm finally giving CapLinked a try since they're willing to send me to Thailand to sip icy cold Singha's on their dime if I open a VDR ... this will make up for the lack of bonus last year." 4) [Q&A: Fitness to Finance (Personal Trainer from Non Target -> MM IB -> Corp Dev]() - "Brief background: Health science undergrad from an extreme non-target school. Was unsure of what I wanted to do but enjoyed health/fitness so I went into personal training. Became interested in the business side and then interested in finance as a whole..." Set the standard. [image](=) If you care about the state of the world and want to set it on a better course, we have a solution that may be somewhat surprising: work in finance. At CFA Institute, our courses are deeply rooted in ethical perspective. But we don’t just teach — we create codes of conduct, and impact key policy issues with global governments and regulators. Visit [cfainstitute.org/setthestandard](=) to join a global network of investment professionals setting the standard through performance with purpose. [Get Started](=) TOP DISCUSSIONS CONTINUED 5) [Perks for being a shareholder??]() - "Sure, we all know that investing in stocks is all about getting rich. But did you know that some companies offer ongoing exclusive deals and gifts to their shareholders?How do you get access to these perks?" 6) [When did Recruiting Get so Bad]() - "Keep your options open. There are hundreds of financial institutions in the world that will give you great experience and the ability to lateral into the role you want. If you can't break into banking, always consider other roles within finance that will help develop transferable skills that help you get the job you want..." 7) [What are Your Goals for 2024?]() - "Not asking for 'New Year's Resolutions' since that's kind of a meme. Can be goals you're either working on already (and have been for some time) or goals you're planning on starting at some point next year. Finding a new job, losing weight, traveling, etc." 8) [Why You Shouldn't Do Infra PE]() - "Highly underrated but the personalities in infra PE are just so much more down to earth. You get ex developers, engineers etc., and not just the same insufferable hardos you get in other teams. That said, I don't blame people for not going into it - like I would never want to do FIG, for example. Do what interests you, and you will likely perform better and the money will come." 9) [Just Inherited $5mn](=) - "If it were me id decide whether I enjoy banking enough to keep grinding or if I wanted to go do something else. If I were in the city I wanted to be in longterm, id buy a house and put the rest in the market for the next decade. Live off of your comp and allow that to double to $10mn. At that point you could pull $400k a year in perpetuity. You’ve made it, don’t mess it up." 10) [Living in London Nowadays]( - "For a metro area of 15 odd million, while London is unfortunately experiencing an increasing crime rate, this has more to do with the deterioration of the police (a major criticism of the government domestically), evisceration of mental health services and increasing inequality, and you are still more likely to be victimised by your MD than a criminal here..." NEW PODCAST COMING IN HOT E277: The Daily Peel | 2023 In Numbers - - Listen on [Apple Podcasts]() | [Spotify]( E278: The Daily Peel | The World's Top Hedge Funds - - Listen on [Apple Podcasts]( | [Spotify](=) WSO ALPHA - LATEST UPDATES We just uploaded the [November brokerage report]() for those of you curious how we did. HOT JOBS [Director of Portfolio Operations - Washington, DC]() - "You will work closely with the Managing Partners and portfolio company management to recruit great talent to Brydon across CEO / CXO / board roles, create professional development programs, & build out portfolio best practices and go-to providers. This role will be a critical member of the early team, will serve as the talent & portfolio operations lead for the firm, and will have ample opportunity for growth." [Asset Management Associate - Pittsburgh, PA]() - "The Asset Management Associate is accountable for driving and optimizing the performance of a regional multi-family portfolio. They execute due diligence matters swiftly and accurately while developing and implementing business plans to advance the goal of $1B in Assets Under Management by 2030." [Research Associate (Equity Small Mid Cap) - New York, NY](=) - "This position will support the Small/Mid-Cap Equity research team and be initially be responsible for covering multiple sectors in support of current team members. Coverage will evolve depending upon interest and team needs." [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. They focus on investments in high-quality, founder-owned companies where they take either control or minority stakes to support acquisitions, inactive shareholder liquidity, or various growth capital needs. They concentrate on B2B service companies, particularly those with strong tech enablement and diverse, recurring revenue streams." [Senior Business Development Executive - Dallas, TX]( - "This is a fantastic and rare opportunity for anyone looking for a Mid/Senior-level business development role within the Asset Management industry, with excellent potential for progression. You will be joining our Dallas office, working closely with the London and New York team. You will be responsible for identifying new opportunities, developing relationships with fund managers, and promoting the Firm. They offer a very competitive commission structure and candidates will have the opportunity to directly contribute to the Firm's growth." [Research Analyst (Value) - New York, NY]( - "The Firm's Value Group is a team of highly collaborative investment professionals who possess high levels of personal initiative. Frequent communication and interaction among analysts and portfolio managers across different strategies is strongly encouraged and welcomed. This Analyst position will be responsible for covering the Asia & Australia/NZ industrials sector with an emphasis on 1) transportation infrastructure and 2) clean/green energy & decarbonization equipment manufacturers and/or service providers. The Analyst’s coverage will be most closely aligned with our Global Infrastructure and Carbon Solutions strategies." [Research Associate (Large Cap Growth Equity)]( - "The Firm is a global investment management firm with over $180bn in AUM spanning across a range of various equity and fixed-income investment strategies. This position will support the Large Cap Growth Equity research team and will be responsible for coverage of growth-oriented consumer, internet, and media companies." [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 - Jan 20-21, 10am - 6pm - [Financial Modeling & Valuation Bootcamp](=)** (Open Now) - Jan 27, 10am - 2pm - [Investment Banking Interview Bootcamp]()*** (Open Now) - Feb 3, 10am - 6pm - [Private Equity Interview Bootcamp](* (Open Now) - Feb 10-11, 10am - 6pm - [Financial Modeling & Valuation Bootcamp]()** (Open Now) - Feb 24, 10am - 2pm - [Investment Banking Interview Bootcamp](*** (Open Now) - Mar 2, 10am - 2pm - [Excel Master Bootcamp]( (Open Now) - Mar 9, 10am - 2pm - [Venture Capital Bootcamp]( (Open Now) - Mar 16-17, 10am - 6pm - [Financial Modeling & Valuation Bootcamp](=)** (Open Now) - Mar 20, 10am - 2pm - [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! * Private Equity Interview Bootcamp includes lifetime access to the [Private Equity Interview Course]() ** Financial Modeling & Valuation Bootcamp includes lifetime access to the [Elite Modeling Package]() *** Investment Banking Interview Bootcamp includes lifetime access to the [IB Interview 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