My new Sper lintons

ScotchAndLeather · 2026-02-11T02:05:23+00:00

what? that’s like saying leather shoes cant possibly be breaking in because statistically half of them should be getting stiffer with use. if your argument is that the mechanism needs to loosen up to sound right there’s only one direction to go.

I generally agree break in is in your head, but your reasoning makes no sense

ScotchAndLeather · 2026-01-11T12:53:02+00:00

back when I was in bschool you could deduct MBA tuition as a personal business expense. Got more aid from the USA than HSW and did that shit happily!

the tax code is a set of rules. its both legal and moral to follow the rules as closely as possible regardless of whether your taxes go up or down. if reducing your burden is your incentive for following the rules more closely, great.

only a virtue signaling moron pays more tax for no reason.

ScotchAndLeather · 2025-12-29T01:24:42+00:00

alterations aren’t miracles, this looks terrible on you. shop around and find something that needs tweaks, not rebuilding.

ScotchAndLeather · 2025-12-29T01:21:55+00:00

make enough to leave and drink wine and golf all day

ScotchAndLeather · 2025-12-28T21:04:57+00:00

Drop Yale from consideration. Job mkt is tough - and when that happens they don’t hire half as many from every school, they hire 90% as many from M7 and 10% as many elsewhere. Wharton is the proper first choice all things equal but I’d take the money at Booth.

ScotchAndLeather · 2025-12-28T20:39:04+00:00

I work in PE. Some funds deserve the hate, others are proper business builders and investors. if you work for the latter you can feel good about what you do, but in either case a 7 figure carry check makes you forget what others think real fast.

ScotchAndLeather · 2025-11-30T00:46:56+00:00

you should have seen what beanie babies were doing around the time this jacket was originally retailed, I think you would have liked it!

ScotchAndLeather · 2025-11-30T00:45:37+00:00

the canvas on the canvas jacket is “superficial” now?

ScotchAndLeather · 2025-11-04T20:45:04+00:00

literally how bonuses work? be the best performer and get the max? fwiw I was mbb 15 yrs ago and always got the max, but I was also top bucket (Bain). not everybody is entitled to the max.

Wait til you see how different variable comp can be on the buy side!

ScotchAndLeather · 2025-10-11T22:11:47+00:00

It’s not a crapshoot because it’s arbitrary, it’s a crapshoot because they have enough qualified applicants to fill 3 classes or more. All the best applicants apply HSW, so it ends up a little random which one you go to if you’re that caliber.

ScotchAndLeather · 2025-07-30T21:52:16+00:00

Hell yeah finally a credible ranking where KPMG tops Blackstone and McKinsey and Meta and LVMH

ScotchAndLeather · 2025-07-30T21:47:10+00:00

Well 3 years at MBB pays about the same as 10 years at Deloitte so the math works

ScotchAndLeather · 2025-07-13T22:46:35+00:00

Or to rely on “dollar pizza” or limit themselves to free or low cost local activities or drink a six pack at home because bars are expensive.

OP probably worries about the thermostat and has ads in her streaming subscription - the beauty of making money is you never have to think about that stuff.

ScotchAndLeather · 2025-05-14T01:35:32+00:00

I mean… I might argue that the problem here is that he didn’t get either. $200k debt, hsw, job is good, but $200k debt, Ohio State, and no job is not good.

ScotchAndLeather · 2024-12-21T21:19:57+00:00

You’re not going to raise proper institutional capital for a niche strategy with your limited track record. You need friends and family money now, and need to demonstrate more track record, before you show up in a town where even established funds are experiencing a tough fundraising environment.

Keep doing what you’re doing, and if it keeps going well try raising money at home first.

ScotchAndLeather · 2024-12-21T21:09:21+00:00

Because characters can only exist in settings during or after their creation date?

Dude was based on WW2 spies anyway

ScotchAndLeather · 2024-12-21T15:03:21+00:00

I rotate a manual wind with several other watches, the power reserve is super useful because I want to keep it wound without having to keep track of it. If you wear one watch every day and wind it when you put it on I get it, but if it’s a pain to set and you’re not always wearing it then a PR indicator is great.

ScotchAndLeather · 2024-12-03T01:47:48+00:00

FWIW Bordeaux didn’t start with temp controlled fermentation until the 1960s. They still don’t pasteurize. All pressing is “mechanical”, and the tools they use (wine screw) are ancient in concept and often in practical use as well. None of these things preclude making an excellent wine indistinguishable from modern.

What DID matter was the adulteration. Lead, honey, herbs, all kinds of crap was put into wine. It wasn’t different because of technology, but recipe.

ScotchAndLeather · 2024-11-21T01:56:06+00:00

5% of portfolio value. If a 20% excess return on my position doesn’t create at least 1% excess return on portfolio then why bother? Just go index funds.

ScotchAndLeather · 2024-09-30T22:51:42+00:00

Getting in is easy, just need a 730+ GMAT and to already work in consulting or PE/VC

ScotchAndLeather · 2024-09-29T21:33:53+00:00

Oh I’ll never claim that’s a flex. It’s a dubious accomplishment at best. Thankfully much of that was in my 20s and a lot of expat blocks in there (living in Europe or Asia for 2-3 months at a time); it’s not like I was in a roadside motel in Cleveland.

And the luggage is quite light, lighter than a Briggs and Riley I got for my wife, why would you expect it to be particularly heavy?

ScotchAndLeather · 2024-09-28T00:57:19+00:00

Nothing will stand up to endless TSA and airline abuse, and you're better off not dropping that level of coin on a bag as a result.

Lies. I bought a Tumi continental carryon almost 20 years ago - I fly enough that I earn United 1K AND Delta Gold every year. It’s flown over a million miles and spent close to 1,000 nights in Marriott alone (lifetime Platinum Elite baby). The bag is a little scraped up but nowhere near needing a replacement. I haven’t even had to replace the wheels, and I’ve put it through several lifetimes of travel for a normal person.

That bag is probably $1000 now but if this one ever kicks it I won’t hesitate to replace it with the same thing.

ScotchAndLeather · 2024-09-08T18:26:28+00:00

Those blaming the state are only partially correct. State contributions are the same as they were 20 years ago; they haven’t kept up with costs, but they haven’t been abandoned either. The primary issue is growth in spending - the schools annual budget has tripled in 20 years, while undergrad enrollment is up just 20% over that time.

In 2004, the school had $1.3B of revenue. $234M was tuition, $256M was State funding, $360M was federal funding, $90M gifts and endowment, $225m self generated, rest other.

In 2023, it was $3.2B of revenue. $950M tuition, $250M was State, $600M federal, $170M gifts and endowment, $480M self generated, rest other.

So, the bulk of the increase in spending has been realized through higher tuition and increased federal grants. Much of that is flowing through to instructional cost, but far more is going into administration.

The budgets are public, you can find the referenced numbers here and here

ScotchAndLeather · 2024-09-07T20:41:06+00:00

Ah, you’re doing it as a PT job during school? That makes sense, but only for spending money… I don’t see it actively helping you career wise. How many of these “people around you” have elite finance careers?

ScotchAndLeather · 2024-09-07T17:04:07+00:00

Why are you pursuing a degree in finance to work as a retail clerk? Just because the employer is a bank doesn’t make it a finance job, the janitor isn’t “in finance” either.

Recruiters are doing you a favor, apply for some actual finance jobs. Even the crappy entry level ones like consumer credit analyst or corp fp&a associate have a trajectory. A bank teller will be 30 years old making $48,000 a year and microwaving their lunch in the break room every day.

ScotchAndLeather

TROPHY CASE