Debunking the Top 5 Investment Banking Myths!
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- čas přidán 28. 07. 2024
- Ever thought the investment banking life was just like "The Wolf of Wall Street"? In this video, I discuss 5 common misconceptions about investment banking and reveal the realities.
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⏱Timestamps⏱
0:00 - Introduction
0:22 - Myth #1
1:38 - Myth #2022
4:59 - Myth #3
6:22 - Myth #4
8:18 - Myth #5
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All content in this video is for entertainment purposes only. I am not a professional financial advisor and my statements are not to be taken as instructions or directions. In addition, some of the links above are affiliate links, meaning that at no additional cost to you, I may earn a commission if you click through and make a purchase.
Hey dude I just landed a PM role in JPM. Your channel definitely helped a lot! Thank you for the great content
Same here. I’ve been following this channel for two years and got my first analyst position recently in CIB. Thanks boss
Congratulations bro
Congratulations man
love to hear it!!
I am interested in Product management as the people in PM are way too chill compared to finance guys and finance people work like 80 hours but The work life balance in PM is better.
Can I shift to PM after majoring in finance in my last year of college.
This goes to show the prominence of a life coach. I believe discipline plays a major role too yunno. Any who, great video by the way.
When you connect to the silence within you, that is when you can make sense of the disturbance going on around you.
I know the powers of coaches too. Coming from someone who's witnessed consecutive ups and downs, debt, getting ripped off trading scams, get rich quick scheme, ponzi. Literal bankruptcy, you name it, Having a coach made it a lot more easier. I know how discipline is essential to grow. Matter of fact having received advice from my coach, I started my pod, a little ytube, and passively earn and hold a $293k ptf with Maria Teresa Tyler. So yes guys, life coaches are indeed important.
@@maryalchester whats commission and roi like?
@@maryalchester Do you mind if I asked if she's with Bessemer? Talking bout Maria Teresa Tyler
@@bradsandler3526 Yeah. Looked her up a while back. Haven't made a move yet but her records are detailed. I think it’s nuts averaging a 15% mroi considering the economic decline.
When you say that the hours improve by year 2 can you give a rough figure of what this would look like?
Would be interested to see what tech and computer setup you use/used in IB. Feel like there’s a lot of misconception with bankers having tons of monitors and tech in front of them
yes please, it is a very interesting topic
You have only two monitors and most of the time the keyboard the company gives you. It’s nothing fancy as you don’t need more. Sales and Trading guys have huge set ups
Hi :)
Would you say that the Wallstreetprep is doable during the first year of Uni? I am thinking about completing it before my spring-week this April :)
Hi Ben! Could you talk about restructuring investment banking some time? Thank you!
I sent you a few emails on DCF models
Thank you for this video, it made me feel a lot better about my upcoming summer internship in investment banking.
Do you have any advice on how to get a return offer?
haa few more advertising from your initial ones, excellent haa, love your clarity, pace, and insight.
Hey Ben, I just finished my undergrad majoring in finance and economics in Bangladesh...I really want to land a job in equity research...I am familiar with basic valuation and financial modelling. What other necessary knowledge you would suggest me to acquire that would add value to my resume?
Unlikely they hire from Bangladesh universities. Many US, UK and top European or top select East Asian etc
Cfa is your only route
@@noahmatthew6658 cfa is not Good. Out dated better masters degree
People seem to think investment bankers are actually active traders
I feel when it comes to the forex market, it all boils down to having proper risk management and a system that is back tested and proven, then opportunities become endless, each to their own though and if you're profiting from the strategies you find on CZcams videos that's also great!
Executing your edge flawlessly is everything. Rookies especially should understand that the market isn't a game neither is it gambling, technical know-how is essential for profit making as there are many do's and don'ts involved
The psychological effect of trading is real. I indulged in the market as an extra source of income but the truth is all I've done is incur minor losses. So be profoundly grateful that you have someone that aids you and achieves positive results off the financial markets...
I think 60% to 70% of all trades fail, for me any strategy must start by looking at the sentiment and looking for opportunities in the opposite direction, being conversant with the market is critical to successfully mastering the Market and with a professional guiding be, I rarely fail
I started trading last summer and it's been a series of losses for me. I'm finding it very difficult to make profits and at this point I'm getting extremely frustrated.
@@cristoenandlers Lol No need to feel frustrated at all; there isn't a lot of digestible quantitative analysis out there and it takes some getting used to. That's why I rather leverage aid, and so far it has been a great ride, just had my 6th profitable month investing with the aid and analysis of a regulated pro trader. Got into the market with $40k and I just hit $370k today. His aid brings about lucrative results and they also help mitigate unforeseen mistakes.
LMAO, of course there's no complicated math involved. You revealed that spoiler a while back when you showed you couldn't pronounce the word 'statistics'.
Were you the yuupy type of banker that used water activated gel cleanser, then a honey almond body scrub, and then an exfoliating gel scrub on the face, followed by a herb-mint facial masque while always using an after shave lotion with little or no alcohol, because alcohol dries your face out and makes you look older? 😅
Damn who dumped you
@@rockefellerrepublican3336 - Haha, they're both intended to be taken as a joke; the first one in reference to something Ben specifically made fun of himself; the second is a reference to a very specific movie 😅