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01-07-2022, 07:56 PM
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Quote:
Originally Posted by Unregistered
HAHAHA what is this IBD suckers tryna flex over the poor VC guys. DUDE! Get in prop trading first then talk in this thread pls. Get into Citadel/JS/etc. where you get paid 450k++ USD then talk please. Who cares if you earn 5k or your measly IBD15k. Doesn't matter to me.
The real high finance is prop trading lmao.
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I got nothing to say to this one, it's indeed true :').
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01-07-2022, 07:58 PM
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Quote:
Originally Posted by Unregistered
Why are people in thread so shallow. Stop making your job your identity. Do you honestly think the vast majority of people care about your high finance jobs? Let me tell you something as a tenured individual in this "high finance" industry. At the end of the day, you'll realise it's just a job and these constant comparisons and putting others down will still leave you feeling dissatisfied and empty at the end of it all. If you carrry on with this elitist attitude, i can assure you - you will never make it far wherever you go.
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This elitist attitude is rampant in high finance - especially they think they’re hot **** (like the guy above his pay = everyone’s perceived value of him?). How did you overcome it
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01-07-2022, 08:30 PM
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Quote:
Originally Posted by Unregistered
Umm, is this what happen when you get underpaid so much? You become so dumb none of your words make sense? LOLLLLL
Bro we here at Citadel/JS/DRW/Jump earn 300-400k USD p.a. for base, at least LOL.
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It is significantly more possible to get into IB than top tier quant
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01-07-2022, 09:37 PM
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Quote:
Originally Posted by Unregistered
This elitist attitude is rampant in high finance - especially they think they’re hot **** (like the guy above his pay = everyone’s perceived value of him?). How did you overcome it
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Would you rather deal with elitist? Or a hobo (VC) pretending they're elite (high finance)?
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01-07-2022, 09:38 PM
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Quote:
Originally Posted by Unregistered
It is significantly more possible to get into IB than top tier quant
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Bro... 100x...
IB in Singapore takes in total maybe around 30-40 ppl every year
Top tier quant (that pays like Citadel) probably less than 5 per year...
There's a reason they are paid like MDs as a junior...
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01-07-2022, 09:45 PM
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Quote:
Originally Posted by Unregistered
Would you rather deal with elitist? Or a hobo (VC) pretending they're elite (high finance)?
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This dude needs to stop about this VC and that VC. Is it bothering you that much?
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01-07-2022, 10:12 PM
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Quote:
Originally Posted by Unregistered
This dude needs to stop about this VC and that VC. Is it bothering you that much?
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Idk, do you feel bothered by me? Can't accept the reality
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01-07-2022, 10:30 PM
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Quote:
Originally Posted by Unregistered
Protege deploys 5? 25? K in startups. gzip you can co-manage 10k. Don't think the other clubs deploy significant capital
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Hmm 5k, 25k. What types of opportunities do they look at, and how much work is actually done?
Didn't know of people in such clubs back in my time, so can't say much of the experience. But I would think the magntiude of capital (thus scope of investments and the work entail) matter.
Might potentially build the wrong habits from it. I think you can join those if you want to try it for fun. Getting good grades and build up knowledge/interview skills to secure that first related internship is more helpful.
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01-07-2022, 10:31 PM
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Quote:
Originally Posted by Unregistered
Bro... 100x...
IB in Singapore takes in total maybe around 30-40 ppl every year
Top tier quant (that pays like Citadel) probably less than 5 per year...
There's a reason they are paid like MDs as a junior...
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(prev poster) I think it's possible to get into IB if you begin grinding in uni year 1. Not that it's not brutally difficult, and if you're not in the target clubs kinda SOL, but strictly speaking this is a possible situation.
I don't think anyone can begin thinking "quant is fun" in uni year 1 and make it into top quant shops.
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