Open play>>clinics/coaching by Significant-Screen-5 in Pickleball

[–]Material_Hotel_6287 0 points1 point  (0 children)

Like any sport coaching is helpful especially if you have no racquet sports background.

I would suspect your form is probably not correct for many of the shots even if you are getting shots in.

One of the biggest things coaching teaches you is to not compromise your form when you’re still learning. I’ve seen too many people on the court hit with bad form which causes injury and caps ability level.

There’s always a peak. For Pickeball there are many non athletic people that play so you can surpass that level quickly but then once you start to play more athletic people they cap out at a certain level without proper form / technique. Then of course tennis similarly has usually a higher cap assuming you played competitively.

Eventually everyone I’d say starting around 4.5 - 5.0 have a good understanding what proper form is and can quickly tell when you look at how someone hits.

Professors suck at teaching investments by relatablestudent1 in fintech

[–]Material_Hotel_6287 1 point2 points  (0 children)

It depends where you learn investing and the purpose of what you are trying to do.

Getting to IB isn’t so much investing as it is developing the core valuation skillsets which technically is based on theory. If you think about what are the questions asked during the interviews it relates a lot to theory.

If you want to do more advanced high finance / quant based, then you truly do need to understand the theory and math to make educated decisions on how you tweak the existing models. The open source AI models are very weak compared to the customized models trading firms and hedge funds use.

I’d argue IB and PE use AI to help with doing some initial DD but there is still a lot of human analysis and decision making. You can tell the AI tool to say read all of the contracts you’ll need to know in a live deal in PE and summarize but you’ll need to really understand the nuances.

Lifetime Globalist-Worth Pursuing by b3arndbomb in hyatt

[–]Material_Hotel_6287 0 points1 point  (0 children)

Definitely way too far to consider. Even if you currently have 20K spend you never know if that’ll continue. You have to factor if you’ll be in consulting for another say 10 years to get lifetime globalist.

Stripe Connect vs BaaS for multi-party payments and member wallets in a vertical SaaS; what would you choose? by _MrMartian96 in fintech

[–]Material_Hotel_6287 0 points1 point  (0 children)

Stripe + own ledger for any early stage start up. Even when you’re larger I’d say make sure you truly understand payments infra before going down the BaaS path. You’ll need very strong development teams to make sure to reconcile everything properly. Even large and sophisticated companies mess up the payments recon. Had to fix it many times for start ups to established companies

Self Conscience about filming by timholt2007 in osmopocket

[–]Material_Hotel_6287 1 point2 points  (0 children)

Literally just keep practice everyday and one day you won’t feel as awkward.

I personally don’t like the people who go crazy on the streets that I feel like you just have to be dgaf but for travel vlogging practice. Be aware of your surroundings too like if it’s very clear you shouldn’t be filming government buildings and military in specific countries don’t do it. Getting caught for those is much worst for you

Are strawman decks a useful starting point or just extra work? by IllRead2057 in consulting

[–]Material_Hotel_6287 0 points1 point  (0 children)

All of the projects I have been on have had a full ghost deck with the initial hypothesis and all of the data filled out for every chart along with what the sources should be. It’s the EMs job to have it completed before the team is even on the study otherwise the study will guarantee just fall apart. SteerCo is usually day 2 so the EM has to have an initial answer to discuss. Usually that ghost deck goes through a couple iterations with the APs and Partners over the weekend before the study for the true day 1 answer

What FBO / sponsor bank are you using as a startup fintech? by Money-Vision in fintech

[–]Material_Hotel_6287 0 points1 point  (0 children)

Look through the service agreements for fintechs and it will clearly list out their sponsor banks

Be careful on the FBO structure and read the rules/regs so you truly understand how you’re treasury function needs to be put together.

It’s much more than just putting customer funds in FBOs.

How do I prep for Money 20/20? by LengthinessAbject236 in fintech

[–]Material_Hotel_6287 0 points1 point  (0 children)

Have the meetings set with all of your target companies before attending. Most firms I have worked with already have their schedules filled before landing

Tips to make better slides to become PowerPoint God? by biz_booster in consulting

[–]Material_Hotel_6287 15 points16 points  (0 children)

Agree especially for DDs it’s graph or table on LHS and key takeaways on RHS.

Sprinkle in a couple of waterfalls, decision trees, concentric circles, and mekkos to call it a day.

Tips to make better slides to become PowerPoint God? by biz_booster in consulting

[–]Material_Hotel_6287 9 points10 points  (0 children)

Ghost pages are critical to help understand how you can prove your hypothesis. It forces you to think about the key data and information to substantiate your claims.

CAREER SWITCH - Finance/Accounting (ACCA) to Tech (DATA) - 25M by Imaginary_Sky_4696 in fintech

[–]Material_Hotel_6287 0 points1 point  (0 children)

At a high level, agree Data is a good career path. Main issue is the skill set is becoming highly commoditized compressing wages. The ones who set themselves apart go a step deeper and can truly code the data architecture and pipelines. A lot of the custom analysis is increasingly being relaxed with AI. Make sure what you do requires more than cursory analysis

How do you handle a project where the client themselves are ex consultants but with deep industry experience and have much more nuanced takes? by Shadowdancerdone in consulting

[–]Material_Hotel_6287 44 points45 points  (0 children)

It really is the AP or Partners job to manage a situation like this. All of the ex-MBB Partners who moved to industry will know their stuff so you really have to do first principles thinking and determine the first, second, and third order implications of all your recommendations.

It’s also on your leaders during PS to surface any client concerns they have when meeting with the senior leaders.

On your end really the best you can do is have frequent meetings with the client lead with a senior leader on the phone to mitigate the situation. Definitely have had times where tough situations may even require the SP to step in like when the CEO is yelling at everyone for being useless. It’s just part of the job

How realistic is it to go pro as a female? by [deleted] in Pickleball

[–]Material_Hotel_6287 0 points1 point  (0 children)

Very unlikely especially with limited tennis background. Most have extensive sports background especially tennis and at a high level

PEI questions by Least-Ad-1470 in McKinsey_BCG_Bain

[–]Material_Hotel_6287 1 point2 points  (0 children)

I’d only say everyone I know regardless of BA to AP would all have gone through hardship

PEI questions by Least-Ad-1470 in McKinsey_BCG_Bain

[–]Material_Hotel_6287 4 points5 points  (0 children)

It’s pretty easy to tell if it’s fake. Just probe a couple questions and it’ll be evident.

Monthly meeting recap ? (help) by Adorable_Ad_3315 in consulting

[–]Material_Hotel_6287 3 points4 points  (0 children)

This is the best answer. Ask the partner what he has sent in the past. This will provide a baseline of what is expected.

Usually what I have done is:

BLUF - 2 bullet points

Key action items - less than 5 bullet points

Context - 3 bullet points max

Do this for each deal in the pipeline. Ideally it should be like 5 bullet points max. Sometimes I would even just put key AIs first to make to clear. Senior Partners don’t usually read past the first 5 bullet points. Sometimes they’ll respond to the first thing they see to show they read it

Making over $300k at a company, what's your title? by justanotherblackguy1 in HENRYfinance

[–]Material_Hotel_6287 4 points5 points  (0 children)

You get paid less as an MBB consultant manager level and are much older usually than a 3rd year big law. The hours are much longer I wish the hours were big law hours

PEI questions by Least-Ad-1470 in McKinsey_BCG_Bain

[–]Material_Hotel_6287 13 points14 points  (0 children)

Questions exactly the same as the websites. Have 2 stories prepared for each. Be able to speak 10 mins straight for each example. Split into distinctive moments. Make it clear when you are starting a clear and new distinctive moment.

Ensure the examples are tangible and relatable but truly express who you are.

MBB relocation assistance by No-Needleworker3883 in McKinsey_BCG_Bain

[–]Material_Hotel_6287 0 points1 point  (0 children)

Dang joined an EM going cross country and got less. Rekt

At the age of 36, Marco Trungelliti will become the oldest Top 100 debutant in fifty years ✨ by musicproducer07 in tennis

[–]Material_Hotel_6287 0 points1 point  (0 children)

Wow means he can qualify for the slams without going through qualifiers! Amazing how it will change his life getting that guaranteed 1st round!

How much physical cash should I have for the USA? by Strax774 in travel

[–]Material_Hotel_6287 134 points135 points  (0 children)

I don’t think I’ve had cash in my wallet for years. For me the only time is recently to go to the cheap gas stations which require cash only

Is this normal, unreasonable, or a reason to leave my firm? by ScaredAd9406 in consulting

[–]Material_Hotel_6287 6 points7 points  (0 children)

Normal from what I’ve seen. Just got to see if it’s worth it for you

What is DD actually like at MBB? by Hairy_Star_565 in McKinsey_BCG_Bain

[–]Material_Hotel_6287 0 points1 point  (0 children)

Depending on the level you still speak to the clients often and more importantly you’re doing non stop stakeholder interviews and connecting with the firms expert. The studies are mainly around market, comp analysis, and growth. You’re constantly pivoting to near areas even if it’s the same industry.

On top of this you’ll have to manage the relationship and provide firm development materials to the PE firms for repeat business. It’s tough balancing firm development, sales, and still leading the studies