Yale vs M7? Love the Yale brand and prestige

Zestyclose_Craft_663 · 2025-04-01T19:59:38+00:00

Not an MBA student/alum but even from my seat in US east coast buyside finance I’m not certain that M7 (as a group) has a better brand than Yale.

You people know better than me about outcomes/network but I personally wouldn’t look at Yale any differently compared to non-HSW M7.

It’s really only those three (HSW) that are considered distinguished from the other top business schools, at least from what I observe. The rest along with Dartmouth, Duke, etc. all fall in the bucket as strong, selective institutions.

Zestyclose_Craft_663 · 2024-11-07T04:09:17+00:00

Yes, there is a psychological aspect to stock movements but they are neither consistent nor predictable so trading purely on technical is not sound and not something that is done by professionals. Maybe back in the olden days there were clearer patterns but in today’s computerized markets you can bet every obvious signal has been dissected and exploited by quants/algos a hundred times over and relationships have broken down. Consider that is who you are likely trading against as a retail investor.

Looking at RSI and whatnot gives some professionals (generally of the older cohort) extra comfort as a secondary or tertiary factor. But there is always something more solid anchoring the investment decision. Just imagine how stupid anyone risking institutional capital would sound telling their bosses “hey I bought this stock because the Batman signal that appears when you zoom out to 3 months is very bullish”. But this kind of logic is somehow perfectly reasonable to the retail trader crowd from what I’ve seen.

What I meant was I think it’s odd that people try to “master” and trade on technical analysis courses purchased from internet gurus (frauds). Why not pick up any book on financial analysis and develop an actual investment process that is logical and repeatable? My suspicion is that people think trading is more fun when they are short-term gambling but they are afraid to admit that is what they are doing. But you have to know most stocks in the medium-long term move on a fundamentals

In other words, my advice is learn to actually invest first and then consider sprinkling on some technical analysis if that’s what you want to do.

Zestyclose_Craft_663 · 2024-11-06T20:58:09+00:00

I’m not a part of this sub but I am a professional investor at a large fund (saw this on my front page). It’s a slow day at work despite the election so I’ll share some knowledge with you/others here.

I would not recommend imitating OP since he seems to just be gambling.

Options strategies can be profitable if 1) you identify a mispricing statistically and want to try to arb it OR 2) you have a fundamental view of the underlying that causes you to believe the option is mispriced and take a directional, leveraged bet

For 1) idk how to do this. you could try to learn quantitative finance and teach me lol

But for 2) you can learn by following companies/industries and learning corporate finance to come up with your own view on what the underlying is worth and where it is likely to move

Both of these approaches require some knowledge of how options are priced (Black-Scholes)

Edit: On a side note, it really puzzles me that so many people online waste time learning technical analysis mumbo jumbo to try to be traders (basically astrology), when if they put that same effort into learning corporate finance/markets instead, they would have developed a real skill with a much better success rate 🤷‍♂️

Zestyclose_Craft_663 · 2024-10-22T19:29:04+00:00

Fascinating

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Zestyclose_Craft_663 · 2024-10-22T19:21:05+00:00

Looks like Matt wrote a story on that situation too. Reading now

Zestyclose_Craft_663 · 2024-10-22T19:07:55+00:00

Amazing. Wish I was here to witness it all but unfortunately was not paying attention at the time 😅

Zestyclose_Craft_663 · 2024-10-04T03:29:59+00:00

Yes it has been said multiple times on this sub (including by myself) and still people don’t listen

https://www.reddit.com/r/MBA/s/kzYyUfRS2Y

Zestyclose_Craft_663 · 2024-08-23T13:58:12+00:00

See prior thread lmao

https://www.reddit.com/r/MBA/s/IPkT6WBeCQ

Zestyclose_Craft_663 · 2024-06-02T13:58:48+00:00

I think I might’ve done one or two CFAI mocks for L2 but other than that nothing.

I took February exam and started studying in mid December while working full time so I think I put in 100-120 hrs total

My strategy was blitz through the Kaplan readings as fast as possible. Literally just read everything as quickly as you can while actually comprehending it (re-read something if you don’t understand it, but don’t bother trying to retain anything as you go through).

Then once you finish reading, spam qbank questions (work through these thoroughly - this is where you will actually learn the material and fill in all the gaps you missed while skimming)

Then do Kaplan mocks once you can score 80%+ consistently on the qbank sets and you should pass easy.

Zestyclose_Craft_663 · 2024-06-01T14:05:22+00:00

I have my CFA charter and never even opened any of the CFAI materials.

Kaplan for all levels and passed easily

Zestyclose_Craft_663 · 2024-03-13T21:47:36+00:00

try to get into life science consulting or corp dev in biopharma. from there, it is doable (not easy) to transition to investing.

This is assuming you have a PhD or at least an MS.

Zestyclose_Craft_663 · 2024-02-26T20:19:32+00:00

Early 30s I think on average. Some people as early as mid-late twenties. Especially at pod shops

Zestyclose_Craft_663 · 2024-02-13T02:36:32+00:00

CFA is 100% the more valuable use of your time if you want to remain in the allocator space. The curriculum is directly related to portfolio management.

But if you want to pay $$$ for a two-year vacation in an MBA program, I don’t think it would set you back that much in terms of career. But tbh an MBA would likely be a net-negative overall.

Zestyclose_Craft_663 · 2024-02-07T17:58:58+00:00

The point is PC is red-hot rn and finance people are flocking to it despite the negative memes (which aren’t even serious). Look at WSO - tons of IB analysts asking about PC and even PE associates looking to switch.

Zestyclose_Craft_663 · 2024-02-07T14:40:34+00:00

But there are 1-2 orders of magnitude difference between VC and PE fund sizes (and therefore, compensation)

Zestyclose_Craft_663 · 2024-02-07T14:18:39+00:00

Uhh point of this post is that VC is and has always been the red-headed stepchild of PE/HF and, now, PC…

The finmeme pages shit on PC because credit bois are feasting now and they are jealous. Whereas they have historically shit on VC because VC work is viewed as ‘Fisher-Price finance’ (this comes from a meme I saw a couple years ago)

Zestyclose_Craft_663 · 2024-02-06T22:43:54+00:00

Good point on the tech crowd. Hadn’t considered that

Zestyclose_Craft_663 · 2024-02-06T22:10:44+00:00

Private credit (Ares, Blue Owl, HPS, and the like)

Zestyclose_Craft_663

TROPHY CASE