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Tips to Succeed in Wall Street

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chenchow Male
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  #1 Old 14-10-2007 Default Tips to Succeed in Wall Street

I come across this article, which I think is quite useful for those who intend to go to Investment Banking, or what we call Wall Street.

Besides those in IB field, I think it is quite useful for those in other fields too.

Check it out here

The article is on "Ten of the Keys to Success in Wall Street"

1. Be Honest
2. Be the kind of person that people want to work with
3. Find a mentor at each stage of your career
4. Hire people smarter and better than you
5. Be a good listener
6. Don't be afraid to go for it
7. Always be moving forward
8. Work in and foster good culture
9. Comport yourself with integrity
10. Be passionate about your work and have fun
Extra. Be hyper-analytical
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bluez_aspic
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  #2 Old 14-10-2007 Default

Reminds me of the trailer for American Gangster lolol

http://www.apple.com/trailers/univer...ricangangster/
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strikingstar
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  #3 Old 15-09-2008 Default

OMG!! WTF!! Merrill Lynch has just been sold over the weekend and Lehman Brothers is winding down for liquidation!!! Fannie Mae and Freddie Mac were only just federalized last week.

Last edited by strikingstar; 15-09-2008 at 11:04 PM.
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angina
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  #4 Old 16-09-2008 Default

ya,true.to survive in this competetive rat race in the world,we have to equiped ourselves with this all characteristic.thanks,chenchow.
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capablanca Male
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  #5 Old 16-09-2008 Default

Haha, the ultimate meltdown of US investment banks. Behold the financial crisis of the future, destruction of the investment banks. Shit, now where should I apply for job next?
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caramel_nut Female
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  #6 Old 16-09-2008 Default

Quote:
Originally Posted by capablanca View Post
Haha, the ultimate meltdown of US investment banks. Behold the financial crisis of the future, destruction of the investment banks. Shit, now where should I apply for job next?
Management consulting firms. They'll always be in demand.
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kintaro_kun
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  #7 Old 28-09-2008 Default

tips to succeed in wall street:

be ruthless and greedy, play with other ppl's money. keep the profits for yourself, any losses will be borne by the taxpayers anyway. its certainly risk free!
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bluez_aspic
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  #8 Old 28-09-2008 Default

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Originally Posted by kintaro_kun View Post
tips to succeed in wall street:

be ruthless and greedy, play with other ppl's money. keep the profits for yourself, any losses will be borne by the taxpayers anyway. its certainly risk free!
You're bad, kintaro

Though you're missing the main one - which is to be personal friends with the political elite. This allows you to be protected from the unrelenting discipline of the market, have privileges bestowed by decree of the state, to privatize profit and socialize losses... you can even have priority access to lifeboats on the Titanic!
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chenchow Male
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  #9 Old 01-10-2008 Default

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Originally Posted by caramel_nut View Post
Management consulting firms. They'll always be in demand.
While Management Consulting firms are well in demand today, it doesn't mean that it would continue to be so for the next 50-100 years. There would be up or down market. At one point, management consulting was almost wiped out from Malaysia during the financial crisis. Of course, some managed to presevere and eventually these few years have been very good years for the field.
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  #10 Old 19-10-2008 Default

In the end, all that matters is the quality of the people working at a company. Even in the current financial turmoil, companies like Goldman Sachs and Wells Fargo managed to ditch the "toxic" derivatives before things go downhill. They didn't succumb to their greed. So, there.
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