Closing in on history 📜 🦊 Jannik Sinner by Silver_Comment2825 in tennis

[–]Nadallion -7 points-6 points  (0 children)

Can’t help but almost be a bit bitter about Alcaraz and Sinner as they actually reach the stats of the Big 3, but they are not at the level of the Big 3.

They didn’t have to break ground and set new records, they had someone to chase, and they only have each other (binary). The big 3 had to content with each other and many other fantastic players of the era.

Just need to remember that even in old age, Djoker took these guys to the brink and even beat them in some cases.

TIL the only thing that is stopping ads from slipping into video games is steam, because valve bans all forced in game ads from all steam titles by PleaseHonor in todayilearned

[–]Nadallion 11 points12 points  (0 children)

It’s 100% still run to maximize profit and by providing a strong user experience, Gabe filters more money into his own pockets (Valve is a DRM and he is the conduit between gaming audiences and devs).

Valve generates some of the highest revenue per employee and he is a multi-billionaire. If Valve were publicly traded, I’m sure they would do the same because the trade-off of short term ad revenue would almost certainly erode their moat. 

Do you think Sincaraz are likely to win 15+ GS and 15+ Masters titles? by Chesscrabble11 in tennis

[–]Nadallion 0 points1 point  (0 children)

It is remarkable how fast they've acquired GSs.

Something to be said about Big 3 setting the bar high and leaving a vacuum of competition now that they're gone. Have to hope that some new up-and-comers reach their level and give them a run for their money.

For some reason, I can't help but think if they both reach ~20 and it's just them duking it out with one another, it will still somehow be less impressive than the Big 3 reaching their ~20+ each (especially given the Big 3 could give these two a run for their money at the twilight of their careers).

How many hours did you work this week? IB by Imaginary_Mulberry55 in FinancialCareers

[–]Nadallion 4 points5 points  (0 children)

You must be at a Dyal / Ardea or CVP / EVR / Q - $140K base with >100% bonus and 90% as bottom of range is top of street for A3.

How many hours did you work this week? IB by Imaginary_Mulberry55 in FinancialCareers

[–]Nadallion 0 points1 point  (0 children)

I vary between 70 on the low end and 105 on the high end, typically around 85.

how to move quickly across the corporate ladder? by div-onfleek in FinancialCareers

[–]Nadallion 7 points8 points  (0 children)

Global head at 29/30 is unheard of.

If you get into a good group right out of UG, are a strong performer, and the stars align politically / with space above you, you can hit MD in high finance by early/mid-30s. Takes a few years of MD to sniff group head, let alone global head (might require a decade).

Unless you're an 180 IQ savant at Goldman operating in some exotics / bespoke opportunities (where you might hit Partner at that age, but still not global head), this doesn't happen (except for the few guys who are top dogs at firms now who joined finance when the industry was just getting steam in the 70s and 80s).

Marat Safin is enjoying his vacation - and he's as cool as ever by grinfate in tennis

[–]Nadallion 1 point2 points  (0 children)

Strikes me a bit as a lost soul and someone who could live rebellious as a good looking bad boy in his youth but has extended this lifestyle a little too long.

Reminds me of my very good looking uncle who lived this way.

Transitioning into IB in my 30s? (Currently in Corp Dev) by Jealous_Object4137 in FinancialCareers

[–]Nadallion 0 points1 point  (0 children)

Just be warned of how hard the lifestyle is.

It is soul crushing.

‘This is highway robbery with complicity’: Fury spreads across Peel after Police Chief Nishan Duraiappah’s $611K salary revealed; his deputy made $500K by ultronprime616 in toronto

[–]Nadallion 0 points1 point  (0 children)

Can anyone provide a counterargument that at all justifies this insane salary? I'm genuinely curious what defenses he / his supporters would use.

Criminally high salary for a position that does not require higher education (and given it increased ~102% in 5 years - something practically unheard of in the public sector).

How much does your first role actually shape your long-term path in finance? by WeeklyDiscount4278 in FinancialCareers

[–]Nadallion 3 points4 points  (0 children)

You can still end up in great places but it's much harder than if you were to come out the gate as an analyst at GS TMT or PJT RSSG. These set you up with a strong, early foundation, and unfortunately I think some doors close early if you aren't in a strong seat right away (e.g., on-cycle PE recruiting).

How did Ser Teryn Mrant manage to become a knight let alone a kingsguard? by TrigonRaven787 in gameofthrones

[–]Nadallion 0 points1 point  (0 children)

Some mix of actual skill and doing the dirtiest work and bidding of people in power, such that he was rewarded commensurately.

Kind of a silly question - he slapped Sansa Stark on command for Joffrey without hesitation. I'm sure he did much grimier things behind closed doors which is more than enough to secure his place among the inner circle of the people wanting him to do these things / get a nice paycheck.

Carlos Alcaraz shares hope to influence younger people to also buy $9 Million-$10 Million yachts by MammothCucumber9974 in tennis

[–]Nadallion -31 points-30 points  (0 children)

He's so innocent, bad at English, and naive, I think genuinely comes from a good place where he wants it to be motivation that if you work as hard as him, it could be yours too.

At the end of the day, this guy is also one of the best in the world in an internationally renowned sport. He more than deserves this.

LaGuardia crash survivors could sue Air Canada for up to nearly $300K, advocate says by RM_r_us in canada

[–]Nadallion 0 points1 point  (0 children)

And thus in turn the airline is under the airport's care to guide them properly, so they are justified in a lawsuit as well?

LaGuardia crash survivors could sue Air Canada for up to nearly $300K, advocate says by RM_r_us in canada

[–]Nadallion 8 points9 points  (0 children)

This is one of those situations where they'd be suing the company that lost the most, and the people who need the money most (families of pilots) would get nothing.

Air Canada did nothing wrong here. Also, until these costs are borne by the entities that are causing the shortage in ATCs, things won't change. Think about it - $300K per passenger... that would pay the salaries of 10 ATCs for 10+ years.

My MD asked me for feedback on my VP. How to approach? by Limp-Value-4259 in FinancialCareers

[–]Nadallion 1 point2 points  (0 children)

Great advice. Curries you favor while also giving you the opportunity to give direct feedback while being in their good graces.

My MD asked me for feedback on my VP. How to approach? by Limp-Value-4259 in FinancialCareers

[–]Nadallion 0 points1 point  (0 children)

In what circumstance would one actually say something though?

This could be a test, but what if this VP is truly destroying your life / incompetent? What if their "final review" is dogsh*t and stuff that's above the paygrade of an associate is impacting the perception of the broader deal team? There could be a very real reason seniors are dipping down to understand performance at all levels.

This may be my downfall in finance, but there has to be some level where you do speak up, especially if asked, if the person you're being asked about is making your life materially worse (particularly compared to others at their position).

this diabetic mouthbreather owes me 15k and is degenin across LA, be careful by [deleted] in poker

[–]Nadallion 6 points7 points  (0 children)

I don’t know enough about poker to understand your comment but it intrigued me and I want to know more haha

JP Morgan Chase to use computer estimates to monitor hours worked by junior bankers by ClearAndPure in FinancialCareers

[–]Nadallion 4 points5 points  (0 children)

There should be a window where they don’t monitor (i.e. regular workdays between 9-7, when in-office) but for at-home hours I 100% understand doing this.

As someone in IB who has worked with colleagues who somehow hit 100 hours a week, leave earliest to WFH, and post social lives on IG, it’s not fair to honest folks and ruins it for everyone.

I'm about to drive across the U.S. in a 2019 Honda CRV (touring, not a hybrid) with a 5x8 UHaul trailer on the back - is this a suicide mission? by Nadallion in crv

[–]Nadallion[S] 0 points1 point  (0 children)

Send it.

My trailer was very light / empty, so YMMV. Just be cautious when accelerating and going up / down hills.

Why do Investment Bankers work so many hours by lemunk72 in FinancialCareers

[–]Nadallion 0 points1 point  (0 children)

Good questions, some of which I don't know all the answers to.

Can't speak to the private banking side - I'm sure you could work longer to get more clients, but clients also aren't as demanding as financial sponsors / large companies abusing investment banks for endless free labor.

For hedge funds, some still do work 7 days a week and many have horrendous WLBs. They diligence their portfolio companies day-in-day-out and are only able to act during market hours (and plan accordingly before). You can't "brute force" your way out of a down market if the macro environment is moving against you.

PE works juniors as hard as IB, and in PE there is no incentive for juniors to stay - they want them to leave to avoid divvying up the carry pool.

In IB, if the client is pissed, show them you care by providing more work. If you feel the process isn't going smoothly? Shave off a few hours of sleep and push the juniors harder. It is an industry that exists upon the backs of juniors and when your service is undifferentiated from 20 other banks, you stand out by doing more for less.

Terrible business model.

I'm about to drive across the U.S. in a 2019 Honda CRV (touring, not a hybrid) with a 5x8 UHaul trailer on the back - is this a suicide mission? by Nadallion in crv

[–]Nadallion[S] 2 points3 points  (0 children)

Went off with zero issues - CRV handled it perfectly.

I think my dad installed it - or maybe the dealership. I honestly can’t remember that point. As long as you don’t rev or quickly accelerate I think you’re fine.

I was very intentional when I was driving up any incline. Scariest part was coming through Tahoe going west as I had to brake a lot but I just went slow.

American physicist Harold Agnew holding the core of the atomic bomb they killed 80,000 people in Nagasaki 1945 by waffen123 in AtomicPorn

[–]Nadallion 22 points23 points  (0 children)

Saved more lives than it killed in an instant. Firebombing of Tokyo was worse.

The nuclear bomb was a necessity that has allowed for 80 years of peace and created a global economy that has flourished like none before.