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Go Back  Sherdog Mixed Martial Arts Forums > General Discussion > Mayberry Lounge > Would you become a Investment Banker???

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Old 07-20-2008, 11:21 AM   #1 (permalink)
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Would you become a Investment Banker???

Give the pros and cons and why you made your choice. My answer is yes because of the money.
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Old 07-20-2008, 12:25 PM   #2 (permalink)

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What job are you talking about? Trader? Structured products? Back-office?
There are lots of different types of jobs at i-banks.
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Old 07-20-2008, 12:32 PM   #3 (permalink)

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I wouldn't be able to deal with the long hours and the egos. I value my hobbies too much.
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Old 07-20-2008, 01:55 PM   #4 (permalink)
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I enjoy neither investments nor banks.
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Old 07-20-2008, 06:17 PM   #5 (permalink)

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pros:
-money
-can leverage i-banking experience to jump into other less stressful career paths.


cons:
-loooong hours (little social life)
-health(due to job stress and long hours)
-job security (i.e. now)

of course all of above varies with with whatever segment of i-banking you're a part of, but the above is generally the case relative to most other careers.

The right way to think about i-banking is that its a 'way of life' and not just a job or career.
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Old 07-20-2008, 06:33 PM   #6 (permalink)
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yes
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Old 07-20-2008, 08:15 PM   #7 (permalink)

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Yes I would and if not for the rest of my life, then enough to get a good pile of cash saved up. I would make many times my current salary if I were an investment banker, so I could be that investment banker for 2 or 3 years, save most of the money, then move on to doing something with more reasonable hours (if that is a problem for me).

I don't have the background or education for investment banking, but I have been researching economics and investing this year and I really enjoy it. I am still a novice, but I like reading about it, researching companies and stock prices, mapping out stategies, making complex spreadsheets, and following the news. I just bought a new book about how to read economic indicators and just finished another book about economics (but it was sort of basic). So I might enjoy being an investment banker, maybe.
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Old 07-20-2008, 08:25 PM   #8 (permalink)
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The real money is in hedgies now days. Why work at an I bank when you can short them and talk them down to zero , see Bear Sterns.
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Old 07-20-2008, 08:43 PM   #9 (permalink)

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I prefer job security and free time. I can use my extra time to make money on the side, tax-free
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