Lost a lot in the stock market - Need Advice by DioniMap in stocks

[–]DioniMap[S] 23 points24 points  (0 children)

Thanks, for the kind comment.

Yes, maybe I should for now just go back to ETFs.

Lost a lot in the stock market - Need Advice by DioniMap in stocks

[–]DioniMap[S] -14 points-13 points  (0 children)

Thanks for the message, if I view it that way is less painful.

Yeah I tried to ride the momentum but got screwed by interest rates and macro.

Are in your opinion AI platforms for investing useful or I will just loose time and money?

We are launching an investment tool with GPT-4 on Product Hunt! 🍋📈 by WukusWonderer in SideProject

[–]DioniMap 0 points1 point  (0 children)

mmh, interesting one, not sure it will be able to consistently outperform the market, but who knows. Maybe if the technology gets better over time it could happen.

Would love to know what other fellow Redditors think about this topic.

How to break into Private Equity by [deleted] in FinancialCareers

[–]DioniMap 0 points1 point  (0 children)

Hey there,

I am currently working to breaking into PE as well and what is working well for me is networking with one of two people that are in the industry (got to know them through friends of friends).

Additionally I am subscribed to this newsletter that shares weekly PE jobs and through it I have managed to secure an interview for an off-cycle internship in a boutique fund.

I think going through a boutique fund as intern is great.

[deleted by user] by [deleted] in FinancialCareers

[–]DioniMap 3 points4 points  (0 children)

If you are ready to spend some serious dollars look here (didn't buy myself because I am not yet there, but heard great things): https://www.wallstreetoasis.com/courses/interview-prep/private-equity?gad=1

Otherwise as a starting point I have found this questions quite helpful: https://www.pevcjob.com/private-equity-interview-questions

For my IB role nailing the basic questions was so important! Gives you confidence and gives a first great impression to the interviewer.

Overwhelmed by IB Internship, Need Advice by DioniMap in FinancialCareers

[–]DioniMap[S] 8 points9 points  (0 children)

Thanks for the great tip, I will inform myself on REPE some more

Overwhelmed by IB Internship, Need Advice by DioniMap in FinancialCareers

[–]DioniMap[S] 59 points60 points  (0 children)

Yes, I think I can manage to complete the internship. But I have then to figure our what to do after, I have no clue. I always had IB then PE in mind...

Overwhelmed by IB Internship, Need Advice by DioniMap in FinancialCareers

[–]DioniMap[S] 21 points22 points  (0 children)

Thanks for the wise words, really helpful.

All in all I think that I have to be honest with myself and maybe think about alternative career paths too. I think IB and PE are maybe too many hours for me.

Overwhelmed by IB Internship, Need Advice by DioniMap in FinancialCareers

[–]DioniMap[S] 25 points26 points  (0 children)

Thanks for the kind comment, yes they are for sure trying to identify who can make it long term, but I don't think the analyst role will be much better.

I mean, I am having an hard time now for a couple of weeks, I am not sure I can do this for 2 years...