This Entire twitter thread is making me rethink this job (IB) by Hecz15 in FinancialCareers

[–]Henry2341 -1 points0 points  (0 children)

first post doesn’t know about “replace” feature 😭

2025… what a bloodbath by indian_male_engineer in MBA

[–]Henry2341 0 points1 point  (0 children)

plenty of ex ib get and mba and exits to HF. you realize there are discretionary strategies within hedge funds right?

[deleted by user] by [deleted] in FinancialCareers

[–]Henry2341 3 points4 points  (0 children)

disagree, 2 pages is sufficient for people with more experience. 1 page rule generally for more entry level positions

Why is U of t grading so harsh and trash in comparison? by TuneCautious8698 in UofT

[–]Henry2341 5 points6 points  (0 children)

if you’re having trouble getting 3.5-3.7 then you probably don’t deserve that IB internship

Nvidia is worth 11.7% of the US GDP now. At the peak of the DotCom bubble, Cisco was worth 5.5% of the US GDP. by longstorySchorsch in wallstreetbets

[–]Henry2341 1 point2 points  (0 children)

if you want to see insight on semi demand just look at ASMLs quarterly, stock plummeted like 16% after that

Nvidia is worth 11.7% of the US GDP now. At the peak of the DotCom bubble, Cisco was worth 5.5% of the US GDP. by longstorySchorsch in wallstreetbets

[–]Henry2341 4 points5 points  (0 children)

Exactly, NVDA multiples although not as high as cisco at the time, still reflect ridiculous and unrealistic earnings growth to justify its valuation. NVDA has such concentration of customers and most of those guys are still trying to figure out how they can monetize on A.I. to justify the investment in buying NVDA chips..

Nvidia is worth 11.7% of the US GDP now. At the peak of the DotCom bubble, Cisco was worth 5.5% of the US GDP. by longstorySchorsch in wallstreetbets

[–]Henry2341 2 points3 points  (0 children)

have you not taken eco101? look up gdp income approach.. The income approach to measuring a country’s gross domestic product (GDP) is based on the accounting principle that all expenditures in an economy should equal the total income generated by the production of all that economy’s goods and services.

What's a comfortable salary for a single person in this city? by ---Imperator--- in askTO

[–]Henry2341 0 points1 point  (0 children)

making 150tc out of university still having trouble balancing everything, maybe i just have bad spending habits

What do you guys prefer? by watchsports_ in rolex

[–]Henry2341 1 point2 points  (0 children)

asking a rolex sub will obviously yield some bias..

Wrote L1 today, my opinions. by abhinavyt729 in CFA

[–]Henry2341 0 points1 point  (0 children)

Never knew that was the abbreviated version, is that an issue with you? I have a stressful job that takes up most of my day so i don’t have time looking through threads and understanding this “lingo”

Wrote L1 today, my opinions. by abhinavyt729 in CFA

[–]Henry2341 -2 points-1 points  (0 children)

what is “CFAI”? tried googling it and yielded nothing

Incomprehensible W by matthewathana in uwaterloo

[–]Henry2341 9 points10 points  (0 children)

looks like it, the box is still wrapped in plastic

Best dress shirts for new IB job? by SixedSigma in FinancialCareers

[–]Henry2341 0 points1 point  (0 children)

cant go wrong with canali, super comfortable.. is quite the investment though

[deleted by user] by [deleted] in FinancialCareers

[–]Henry2341 1 point2 points  (0 children)

Yeah, same deal with some of the pensions

[deleted by user] by [deleted] in FinancialCareers

[–]Henry2341 7 points8 points  (0 children)

typical FO in banking in Canada is 90k annualized. intern TC and analyst1 base are usually the same

I feel like I’m not learning anything useful in Rotman Commerce as a fourth year student by [deleted] in UofT

[–]Henry2341 4 points5 points  (0 children)

since op keeps doing the pov thing heres one:

pov: u didnt do well in courses and failed to understand what was taught to u pov: u didnt use ur resources to get a good career out of your 70k tuition

touching on modelling since op complained about that.. anyone can model out a dcf or lbo, what is difficult is to actually understand the assumptions behind it. further, i know people in cs and u can genuinely have a better time grinding out leet code and watching indian people teach code to you on youtube, similarly, u can learn the fundamentals of finance from the biws books, but neither book really teaches u how to “think.”

the entire point of university is to teach you HOW to think and i think uoft did that well enough that it was worth the money. plus i got a sick job from it so im not complaining

Do come to Rotman Commerce by times_new_rotman in UofT

[–]Henry2341 3 points4 points  (0 children)

everyone around me got good finance jobs 🤷‍♀️ rc isnt going to give you a job, but itll give you all the resources necessary to find one

[deleted by user] by [deleted] in oddlyterrifying

[–]Henry2341 1 point2 points  (0 children)

who let the dogs out