working on wall street reddit

Working on Wall Street could mean youre an investment banker fund manager or media star. What I do now during non-earnings season is about 50-60 hours a week usually and during earnings anywhere up to 70.


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Created Jan 29 2021.

. Read what it takes to land a high-paying Wall Street job. A little bit of background. On Wall Street just about everything has its price from the commission on a stock trade to the pay package of a top banker.

The company was still adjusting from the mass layoffs and walkouts of the global financial crisis. Instead brokerages locked them out and their holdings tanked while some hedge funds still. Here are some reasons why.

Answer 1 of 6. I can answer from now till 340 PM Eastern when I board my flight. I can as I work on Wall St.

I started in Investment Banking MA and that was anywhere from 80-115 hours a week. Reddit day traders tried to beat Wall Street at its own game to prove the system is rigged. The hours are long the work is difficult the stress is high and its not a forgiving environment for non-conformists underperformers or.

Traders take on Wall Street. You learn how to work under pressure. The incoming graduate programs at the big banks funnel people into a number of different tracks.

For Many Thats Not Enough. We are a community that loves Silver Period. The financial industry is famous for working their analysts and associates 80-120 hours a week.

I can answer some questions to help people out on the career move. I worked in Wall Street and now I moved to back to my home city working in private equity. Despite all those promises about diversity only about 1 of senior management is.

Popular subreddit rWallStreetBets WSB whose tagline is Like. Here are 13 unwritten rules about being Black on Wall Street according to people whove lived it. Depends on the group.

How Reddit posters made millions as Wall Street lost billions on GameStops wild stock ride. Op 7 yr. Whether its working a large order for a tier 1 institutional client trying to rank in the top three in their latest broker vote or getting a request to go back into the office at 1130pm to finish a pitch working on Wall Street toughens you up so that anything you do afterward becomes easily manageable.

Btw theres the best Halal cart on wall and water I did c development. The pay was quite poor in comparison to other offers I had. It is definitely not an industry for just anyone and only the smartest and hardest working get paid the big bucks.

Why working in finance is miserable. Be the first to share what you think. It was 70k even after interning there for two summers.

Guess the guy isnt here. A wave of at. Prime Brokerage Investment Banking Trading Sales Research Corporate Finance Market Making etc.

Investors on Reddit have launched an attack thats both trolling and serious on Wall Street firms by purchasing shares in GameStop pushing the stock price up over 480 in a week costing hedge funds millions of dollars and skyrocketing young investors portfolios and egos. People working on Wall Street how did you get there and do you have any tips for people who want to pursue a career in finance. Given how hard it is to break into the industry and how well you can be compensated the fact.

Tashrima Hossain who used to work on Wall Street but quit to join Facebook is part of a growing number of. The GameStop frenzy on Wall Street has investors and much of the internet enthralledShares closed up 400 for the week. I interned at JPM.

Me I would appreciate any advice I am currently a sophomore in university studying financial economics. Of the recent swings in. If you work in FD in IB the only part of Manhattan youll see for the next few years is south of 23rd if you get a night off to go out youll be going out in LES the Village Chelsea SoHo etc Although youll have a longer commute if you live outside of FD it seems like you can maintain the appearance of social normacy by living in.

Wall Street does not hand out generous pay for no reason. My office was technically on Water street but really close to wall. Wall Street has been watching GameStop in awe as a band of Reddit-obsessed retail investors managed to push the stock up 1500 in two weeks squeezing out short selling hedge funds.

Thats where the 18-20 hour work days are the all nighters etc. Wall Street Is Paying Over 100000 To Junior Bankers. To be fair most people dont.

So many people seem interested in Wall Streetfinance but by all accounts its just not that pleasant. Here are five key things you need to know about Wall Streets wild week. The attrition rate on Wall Street both voluntary and involuntary has to be one of the highest of any profession.

I started my career on Wall Street as an intern in the summer of 2009 working on a trading desk at a major bank. But working in an industry associated with the house-of-cards system that created the. It was an eye opening and scary intro to the world of finance.

Wall street reddit gamestop. Thats largely because an army of traders in a Reddit group are buying.


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