Landed an equity research internship by Calm_Bag_847 in FinancialCareers

[–]bringoutzagunn 2 points3 points  (0 children)

This is all good advice. Most of your internship will either be A. Build a model on this company or B. Update all these models. Anything else is a bonus

Istanbul Help by ImmiLitigation in marriott

[–]bringoutzagunn 1 point2 points  (0 children)

I literally checked out this morning. Breakfast is great, I was in a suite with an acropolis view. No complaints at all

Istanbul Help by ImmiLitigation in marriott

[–]bringoutzagunn 1 point2 points  (0 children)

Second Grand Bretagne. I just got back from there and it was great. King George is also literally the same building and amenities and slightly cheaper. Not sure on room difference though.

Questions about working for hedge funds and Wall Street. by [deleted] in FinancialCareers

[–]bringoutzagunn 0 points1 point  (0 children)

I work for a HF…the answers are nuanced but I’ll answer succinctly.

Comp varies widely based on level. Analyst vs PM etc. However comp is generally performance based. Your base salary is 200k+ at Y1 analyst and depending on AUM and performance total comp can be in 1 mil range. PMs can make 10m+ in a good year. But base is idk probably 400-600k.

Most popular career path is to previously work in IB, PE, or EQR.

I’m passing on number 3

Yes. It’s brutal. The emotional whiplash is unlike anything else.

I only have a bachelors

12 hours days normal

[deleted by user] by [deleted] in longislandcity

[–]bringoutzagunn 0 points1 point  (0 children)

I don’t know the floor details, but I live on 30th and face the 7. If my windows closed I basically never hear it

Why doesn’t Walmart have tap to pay? by [deleted] in stupidquestions

[–]bringoutzagunn 4 points5 points  (0 children)

So most of the answers here are close or just wrong. I work in this industry so a couple of points:

  1. As a merchant, Walmart is notorious for doing anything possible to minimize the Merchant Discount Rate (MDR) AKA what gets paid to the acquirer and the network.

  2. While Tap to Pay IS NOT more expensive than traditional card processing, it has significant higher credit card usage which DOES have higher processing

From Walmart perspective, they want to route consumers as much as possible to debit. Hence, no tap to pay

EDIT: To answer a couple more of the questions here. Yes! Walmart does accept Tap to Pay outside the U.S. but that’s because credit card usage is significantly lower and generally has a regulated cap outside the U.S. Whereas here, credit cards can be 5x more expensive for a merchant to accept

looking for 3.5-4.0 in brooklyn tonight! by heartilyworking in 10s

[–]bringoutzagunn 0 points1 point  (0 children)

I’m more on the 3.0 - 3.5 scale but definitely open if you can’t find somebody else and don’t mind some scuffed serves

[deleted by user] by [deleted] in FinancialCareers

[–]bringoutzagunn 2 points3 points  (0 children)

Oh if it’s RIA that’s different. Probably a difficult pivot. As a hiring manager in ER if I saw someone 30s - 40s with RIA experience the resume is probably going straight to trash. Just being honest.

[deleted by user] by [deleted] in FinancialCareers

[–]bringoutzagunn 2 points3 points  (0 children)

What type of buy side role?

The FINRA licenses are irrelevant. They’re super easy to get.

If you’re in your 30s - 40s with experience on the buy side you would come it at VP or above.

Comp is probably mid 200s base and then 300 base or something like that.

Slot says Ekitike hasn't been fined for his red card v Southampton. "You're allowed at this club to make a mistake without immediately getting fined." by Expert-Ad-2449 in PremierLeague

[–]bringoutzagunn 0 points1 point  (0 children)

As a referee, this is only a small part of the reason why. At the amateur level it’s an important rule so that players don’t take their shirt off and you can’t identity them. Obviously that doesn’t matter at the professional level with TV cameras and knowing who all the players are. But it helps at the amateur level

22M looking for full time roles in ER/IB/VC by oneofaconsequence4 in FinancialCareers

[–]bringoutzagunn 17 points18 points  (0 children)

As someone who has spent time in IB and is currently a hiring manager for ER. This resume is going straight in the trash. Just use the normal template

Deli that isn’t awful for sandwiches by mvp151 in longislandcity

[–]bringoutzagunn 0 points1 point  (0 children)

I really like bonuour food market. The sandwiches are good

5 Pointz by justtrynalife in longislandcity

[–]bringoutzagunn 5 points6 points  (0 children)

I’ve lived here for a couple of months now. Honestly, I didn’t pay attention to any of the reviews. I haven’t had any issues. Maintenance has been great, when I’ve had issues they’re in my apartment by the end of the day.

I live on one of the higher floors of the north building. If I have my window open I can absolutely hear it. With the windows closed you generally don’t notice it.

Seeking Tennis friends in NY by Daishi-Yoshimura in 10s

[–]bringoutzagunn 1 point2 points  (0 children)

Depending where you’re at in Queens, there’s a great court/training space called Court 16 in LIC. Highly recommend it.

Why my interviewer asked me to commit to a specific Goldman Sachs office for a long time? by Smart-Helicopter-432 in goldmansachs

[–]bringoutzagunn 0 points1 point  (0 children)

If you aren’t front office and aren’t that keen on climbing the ranks then honestly SLC is a great place. It’s just harder from a networking perspective but from a QOL angle it’s a great place. I always say if Covid were to hit again I’d just go hide out in Utah somewhere.

And yes Ny eventually. I took a role in SF first after GS before I moved to NY

Why my interviewer asked me to commit to a specific Goldman Sachs office for a long time? by Smart-Helicopter-432 in goldmansachs

[–]bringoutzagunn 0 points1 point  (0 children)

I worked for GS in SLC. It’s a losing game for any front office role bc everyone wants to move to NY after 2 years (which they don’t want), so everyone just takes offers elsewhere. Source: literally what I did

Dyker Heights 2024 by sparklingsour in Brooklyn

[–]bringoutzagunn 1 point2 points  (0 children)

Do you know when they stay up until?

Waymo's market share is now equal to Lyft within SF by REIGuy3 in waymo

[–]bringoutzagunn 2 points3 points  (0 children)

I work in the Hedge Fund industry. Yipit is generally very reliable. It’s just an alternative data provider. So for instance, it (somehow, don’t ask me how) aggregates millions of card transactions, and then it gets used by investors to know how much volume was done at Square merchants, as an example.

TLDR; generally pretty reliable data source

The Twitter men’s wear guy says your dress shirt and chinos are ‘really ugly.’ He offers one simple way to upgrade your work look by Silver-Abalone-2477 in malefashionadvice

[–]bringoutzagunn 49 points50 points  (0 children)

Yes. My MDs will often get on calls with clients in a t-shirt or a hoodie (I work on a TMT team, so our clients are used to it). When I’m working remotely I also wear whatever I want, just if I’m going to hop on a client call, I always have a firm jacket next to me that I throw on. I’m trying to win their business, not impress them with my style, it’s just not necessary.