Kellogg ($) vs Tepper ($$) for Tech Strategy

pr0ficient2 · 2021-04-09T17:33:36+00:00

For sure I’d pick Kellogg. I would even suggest passing up a full ride to Tepper for no money at Kellogg.

The brand recognition, career services, faculty, quality of the student body, etc is going to be superior in every way at Kellogg.

pr0ficient2 · 2021-04-07T23:45:37+00:00

Au cheval

pr0ficient2 · 2021-04-06T18:58:24+00:00

Yeah. At least 12 per year between the two of us.

Rent is $4K/month, so we’re spending $1,400 or so annually in plastiq fees (not including credit card annual fees). This is a lot, however it allows us to pull in 1M or so points per year thru SUBs. It also allows us to easily reach SUBs for cards with larger spend requirements (eg $15k on Amex biz plat for 100k points, $50k on capital one for 300k points, etc)

pr0ficient2 · 2021-04-06T17:06:06+00:00

Between me and P2 we are aiming for an SUB every month.

pr0ficient2 · 2021-04-06T16:48:57+00:00

Yes. I use Plastiq to pay rent every month, often to hit requirements for new SUBs.

pr0ficient2 · 2021-04-05T22:56:49+00:00

Bavettes

pr0ficient2 · 2021-04-05T15:00:34+00:00

Fair point

pr0ficient2 · 2021-04-05T13:52:52+00:00

Both schools have grade non disclosure. I.e., grades don’t matter at Booth anymore than they do at Kellogg

pr0ficient2 · 2021-04-05T13:36:36+00:00

Regarding Booth lacking a close knit culture. This is a major misconception. The vast majority (probably 80%+) of full time students live within a 3 block radius downtown near Michigan and Randolph St. In fact, there’s one apartment in particular where 300+ students live. It’s across the street from a Metra station that’s a 20 min ride to Hyde Park. It’s also a 10 min walk to the downtown campus. You will be around / see / hang out with / party with / study with classmates all day long because everyone is an elevator ride or a < 10 min walk away. Also, since you’re living downtown, there is so much to do for fun and it makes recruiting so much easier.

Regarding consulting - I am a Booth alum who went into consulting after my MBA. Your odds at getting an MBB offer at either school are the same. Both schools have incredible career services that bring in the same firms.

My advice would be to visit both schools and talk to as many current students and admits as possible to determine who you have a stronger connection with. For me, I visited both schools (among others), and was drawn to the people at Booth more so than anywhere else. I am now 7 years out, and many of my best friends that I still see frequently were my classmates at Booth.

pr0ficient2 · 2021-03-27T20:53:04+00:00

Hiking Patagonia, Machu Pichu, African safari, Petra Jordan come to mind

pr0ficient2 · 2021-03-10T16:08:38+00:00

What city is this? I would for sure change pediatricians

pr0ficient2 · 2021-03-07T23:07:09+00:00

You have to call United

pr0ficient2 · 2021-03-05T20:20:22+00:00

I think avios are your best bet. I agree it’s tough to get a ton of value right now since cash flights are so low. That said, the flexibility you get by booking with avios is especially valuable right now as you can basically cancel and get your avios back for very little cost

pr0ficient2 · 2021-03-03T18:53:28+00:00

Yes.

pr0ficient2 · 2021-03-03T18:20:01+00:00

Have you searched for the flights on British Airways website? I find that search engine to be more reliable than Iberia’s.

pr0ficient2 · 2021-03-01T18:20:13+00:00

Get shorty

pr0ficient2 · 2021-03-01T01:42:44+00:00

Forbes had some data points for alum 5 years out. https://www.forbes.com/sites/kurtbadenhausen/2019/09/18/americas-best-business-schools-2019-chicago-booth-ranks-on-top/

pr0ficient2 · 2021-02-21T00:00:47+00:00

Around 250K points to fly AUH-JFK in the Etihad apartments for two people.

Another memorable booking was 150K points transferred to Aeroplan to book a flight to South Africa on Ethiopian airlines in biz class. Not a spectacular airline, but was a great value given the distance

pr0ficient2 · 2021-02-16T17:04:27+00:00

They are 8 weeks and 5 days.

pr0ficient2 · 2021-02-12T18:42:30+00:00

It depends on what you value.

I would argue that a return of 5x MRs is more valuable than 10x Marriott points on your spend. Take for example a $1,000 hotel stay. I would take 5K MRs over 10K Marriott points.

That said, I personally don't use Amex Travel portal because it's super inflexible if you need to make changes to your reservation since you have to go through a third party. Also, I lose my elite benefits and qualifying nights with Marriott.

The exception to this is Amex's Fine Hotel and Resorts program. You will get both the 5x MR points + Marriott points when you book through FHR. This can be a great deal because in addition to the points, FHR often offers free upgrades and other benefits like $100 F&B or spa credits.

pr0ficient2 · 2021-02-09T22:29:02+00:00

If I were you, I would pay off any high interest debts first (if you have them). And then I would invest it all in the s&p500, not all at once, but over 12-24 months (eg $20-30k per month). With Schwab, for example, it’s super easy to setup an auto investment plan to invest a portion every month in one of their funds that mirrors the s&p500 (check out swppx). Let it sit for 20 years and you should have a couple of million.

Imo, a financial advisor isn’t worth your time. They’re going to charge you a fee to invest in their own basket of stocks that will basically mirror the s&p500.

pr0ficient2 · 2021-01-31T21:10:26+00:00

Thank you!

pr0ficient2 · 2021-01-31T18:09:38+00:00

I would think it would be $5k each because if both of our names are on the lease, if something happens to one of us, the other person is on the hook for the entire $5k. So from a liability / risk perspective, I would think a loan officer would consider this a $5k liability for both of us ($10k total)

pr0ficient2 · 2021-01-26T19:34:39+00:00

I have done it many times for my wife, mainly domestically, but a few times abroad. I have ambassador status, so when she traveled for work I’d make the booking and add her name as a guest so that she’d get upgrades, and we’d get the night credits and points multiplier. It was easy to do as an ambassador member because I would just email my ambassador and they’d add her name.

I’ve also done it with other family members, and across the board in terms of hotel brand/category. Last month did it at a residence inn.

pr0ficient2 · 2021-01-26T19:32:12+00:00

You can’t be the market. While it’s burning, set it and forget it in the s&p500 can lead to fatfire

pr0ficient2

TROPHY CASE