A Good vs. Bad Day in the Life of a Private Equity Associate

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  • čas pƙidĂĄn 16. 06. 2024
  • In this video, I go over what a typical good day vs a busy day looks like in the world of private equity.
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    đŸŽ„Related VideosđŸŽ„
    Beginner's Guide to Private Equity: ‱ The BEST Beginner's Gu...
    A Day in the Life of an Investment Banking Analyst: ‱ A DAY IN THE LIFE OF A...
    Why I Quit Investment Banking: youtu.be/watch?v=JMPvp2KHOQs
    Why I'm Getting My MBA: ‱ The BEST Beginner's Gu...
    Hedge Funds vs. Private Equity vs. Venture Capital: ‱ The BEST Beginner's Gu...
    ⏱Timestamps⏱
    0:00 - Introduction
    0:46 - A Good Day
    3:14 - Wall Street Prep
    4:13 - A Bad Day
    6:06 - Outro
    ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
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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.

Komentáƙe • 58

  • @rareliquid
    @rareliquid  Pƙed rokem +5

    If you're interested in the Wall Street Prep + Wharton Private Equity online certification program, be sure to use my code RARELIQUID for a $300-500 discount!
    â–ș New cohorts are constantly opening up so you can use code RARELIQUID at any time
    â–ș tinyurl.com/54zjjhv4
    🍎Sign up for my courses🍎
    â–ș How to get into MBA programs: forms.gle/9yEyycuP7NnQBjue8
    â–ș How to get into investment banking: forms.gle/wt4cZrezbxVgNzGUA

  • @UNKNOWN-1589
    @UNKNOWN-1589 Pƙed rokem +41

    Please keep the PE videos coming. They are so informative and helpful. Thank you Ben 🙏

  • @Galbra1th
    @Galbra1th Pƙed rokem +10

    Great vid Ben! I think it's super valuable to make this content and team up with classmates who have gone through the process! Way to use your network!

  • @ryersondalton
    @ryersondalton Pƙed 11 měsĂ­ci +3

    Great video! Thanks so much for all the insight into a day in the life in a position I'm trying to break into, it's extremely helpful.

  • @heyginnyy
    @heyginnyy Pƙed rokem +1

    Helpful video. Thanks for sharing!

  • @kevinsuh5313
    @kevinsuh5313 Pƙed rokem +1

    So excited to start my career in PE!

  • @xxyanlixx
    @xxyanlixx Pƙed rokem +7

    It sounds like a bad day at Private Equity is still better than a bad day at Investment Bank. I remember you told us you worked till 10 am in the morning one time at JP.

  • @kooguohao1432
    @kooguohao1432 Pƙed rokem

    Helps a lot, thanks

  • @ebitda9691
    @ebitda9691 Pƙed rokem +15

    Pls do more DCF models and the long awaited LBO models

  • @animalmemedaily1059
    @animalmemedaily1059 Pƙed rokem +5

    A hedge fund day in the life would be great to!

  • @vishalpanesar23
    @vishalpanesar23 Pƙed rokem +1

    Hey do you already have a video on excel
    Shortcuts and how to use as an IB or PE candidate? Showing shortcuts and easier ways to navigate them

  • @iskandera1783
    @iskandera1783 Pƙed rokem

    Awesome. Could you breakdown TDR capital takeover of Asda supermarkets

  • @ximonherbosa5571
    @ximonherbosa5571 Pƙed rokem +1

    I LOVE THIS FUCKING CHANNEL SO MUCH

  • @barryaherne215
    @barryaherne215 Pƙed rokem +19

    Hey Ben, have you ever watched Paolo from Tokyo's "Day in the Life of" video series? Really awesome. He literally goes through the entire day with them from start to finish. It might be a cool idea to do something similar for the far, far future if possible, if you're thinking of making more Good/Bad days, A Day in the Life of-esque videos. Production value looks very high, however.
    But yeah, 4 hours sleep for days on end? No thank you.

    • @woldie7
      @woldie7 Pƙed rokem +6

      Would be awesome! But I imagine not so easy to get the authorization to film...

    • @barryaherne215
      @barryaherne215 Pƙed rokem +9

      @@woldie7 Yeah, I was giving that a thought; like, how does Paolo get the authorisation to get into every work place? I'm not sure, but if there was a way I think it would look really, really cool to see things from the inside!

    • @rareliquid
      @rareliquid  Pƙed rokem +3

      interesting ill check him out thx!

    • @SKAOG21
      @SKAOG21 Pƙed rokem +1

      @@barryaherne215 i think once Paolo does it a few times, he get's a bunch of examples to show to future places/people that he wants to work with (basically having a good track record / reputaion), which allows him to continue working with bigger and bigger places/people

    • @barryaherne215
      @barryaherne215 Pƙed rokem

      ​@@SKAOG21 Mhmmm, so start small and build from there.
      Do you think it would be possible for Ben to do something similar?

  • @lucasbanega_
    @lucasbanega_ Pƙed rokem

    Hi Ben. When you mention financial news post that they read, they used to read WSJ more than Bloomberg? Or is there any difference in that?

  • @jayd203
    @jayd203 Pƙed rokem +1

    Can you do a video on investor relations?

  • @HawkeyePanther11
    @HawkeyePanther11 Pƙed rokem

    Hey Ben, I am trying to sign up for the PE certificate program, and I am running into a problem. I am trying to sign up today 3/19, but it is only taking $300 off. I was wondering who I should contact to fix the issue. Thank you!

  • @fisayofalana5425
    @fisayofalana5425 Pƙed 6 měsĂ­ci

    Sounds about right

  • @prachetmohare8841
    @prachetmohare8841 Pƙed rokem +1

    Hey ben,
    Can I get into top b schools like insead hec paris Wharton university for MBA if I have 4 year work experience as a data analyst or will they prefer that candidate should have work experience in an mba related domain
    Can you please make a separate video on how to transition from IT to MBA grad from top b schools?

  • @albama3987
    @albama3987 Pƙed rokem +2

    hi ben, just wondering if have any insight on how often private equity associates travel and how much it increases as you move up the food chain? i'm really interested in private equity but suck at traveling!

    • @rareliquid
      @rareliquid  Pƙed rokem

      always depends on the firm you're at + the week but my friends travel quite a bit for diligence before investment and to manage their portfolio companies.

  • @animalmemedaily1059
    @animalmemedaily1059 Pƙed rokem +5

    A day in the life of someone working at a hedge fund would be great too

    • @rareliquid
      @rareliquid  Pƙed rokem +3

      will add to the list

    • @computersmilodon
      @computersmilodon Pƙed rokem

      @@rareliquid Agreed, day in the life of a hedge fund trader would be a great add to your channel.

  • @malekhakimi
    @malekhakimi Pƙed rokem

    Hi! Been viewing ur DCF videos and i cant see that u use a margin of safety? If not why so?

  • @Sharpyour_mind
    @Sharpyour_mind Pƙed rokem +71

    We are waiting for LBO model. You promised to make in February.

    • @rareliquid
      @rareliquid  Pƙed rokem +66

      school is really busy. i only made 3 videos in jan / feb and so i'll do my best to publish in march. issue is just i need to make ppt materials and refresh some modeling skills before i can make a good video about it. so apologies for the delay but i'm doing my best

    • @4EVERDRU
      @4EVERDRU Pƙed rokem +9

      Take your time. Love your videos!

    • @mike-yk4yk
      @mike-yk4yk Pƙed rokem +37

      ​@@avaj2233 why r u so entitled?

    • @bulletspike8101
      @bulletspike8101 Pƙed rokem +5

      Give him a break ffs he’s doing his MBA and putting out content.

    • @Swanmaster123
      @Swanmaster123 Pƙed rokem +2

      ​@@bulletspike8101could just be a troll mimicking investment banking culture, because fyi that's honestly how a lot of people talk to each other in IB

  • @stillakzo
    @stillakzo Pƙed rokem +3

    Congrats

  • @vegetossgss1114
    @vegetossgss1114 Pƙed rokem +1

    How often are the good days and how often the bad ones haha?

  • @mai192
    @mai192 Pƙed 11 měsĂ­ci

    How do you survive the bad days? Wow.

  • @AddventureViews
    @AddventureViews Pƙed 8 měsĂ­ci

    TUITION $4,800, no man!
    Too expensive!

  • @firstnamelastname-lm5fe
    @firstnamelastname-lm5fe Pƙed rokem +4

    Working in Private Equity sounds kind of cool but then I start thinking if there is any real point to the work. Making millions but not really creating anything.

  • @armitageshanks2499
    @armitageshanks2499 Pƙed rokem +3

    (Constructive?) pushback here, as much as I respect this channel, you've never been a PE asso before. I'd have expected you to interview some of your ex-PE classmates. What is this video based off of, other than 'trust me bro', ex-IB?

    • @rareliquid
      @rareliquid  Pƙed rokem +7

      did u listen to the beginning part where i said i worked with my friend in PE on the script? she wrote most of the script and worked in PE

    • @armitageshanks2499
      @armitageshanks2499 Pƙed rokem +1

      @@rareliquid lol cool. Peace ✌

    • @harryzhou3926
      @harryzhou3926 Pƙed rokem

      @@armitageshanks2499 lol

    • @armitageshanks2499
      @armitageshanks2499 Pƙed rokem +1

      @@harryzhou3926 haha, I skip around in these sort of vids đŸ€˜

    • @giorgig4828
      @giorgig4828 Pƙed rokem

      Delete the comment, dude this shit is embarrassing

  • @richardvonmeyer
    @richardvonmeyer Pƙed rokem +1

    As an ex-investment banker, I'd be bored to death with that schedule. 4 pm lunch is what I am accustomed too.
    Although, like a much better job than managing funds for family offices.
    All the best for your MBA.

  • @nyc_ian
    @nyc_ian Pƙed rokem +3

    You lost a lot of credibility when you referred to Thoma Bravo as “Thomas Bravo”

  • @TopFearless
    @TopFearless Pƙed rokem

    damn, the comments toxic on this one

  • @Nanas82
    @Nanas82 Pƙed rokem

    This is so naive !

  • @pony44
    @pony44 Pƙed rokem +3

    Please dcf models :(

  • @hsaaasss7455
    @hsaaasss7455 Pƙed rokem

    Hi goldsman hire mba graduate as associate or analyst ?

    • @mosasako4679
      @mosasako4679 Pƙed 9 měsĂ­ci

      Definately analyst. Associate would be extremely hard and in reality not that realistic. Theres pretty much nobody that starts as an associate (ofc even with mba) that was able to skip the 2-3 years of being an analyst just to directly jump into associate