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Old 15-07-2022, 04:15 PM
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Originally Posted by Unregistered View Post
I was the poster for the comment you replied to. So JPM just reported IB revenues came in 55% below forecasts. There are cycles and this is one. Last 1-2 years weren’t secular, it’s massively cyclical.

My advice to you is don’t think that you are entitled to >12 months bonus. Honestly besides doing decks, sending invites and triangulating and reconciling numbers on excel, you have no innate worth. You are a piece of **** and so am I.

The faster you recognize this, the less cognitive dissonance you have around pay variance and the faster you can adapt to this industry and ride the upswings and get paid bank and quietly do your work when times are bad. And actually enjoy the through-cycle comp benefit without the pain of cognitive dissonance.
Sounds like banks are fking trash garbage places to work at if you need to adopt such a backward psychopath mindset.
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