|
Rating: -
Having been an analyst at an investment bank, I faced a few situations that were very similar to the ones mentioned in the book. However, as I read it, it was clear that the authors were trying to exaggerate the pain and suffereing involved in the business. With that aside, it is a very funny account of i-banking life.
Rating: -
This is a bio of two guys who made it into the magical world of investment banking and felt conned. It is an excellent reality check for anyone who fantasizes about being an investment banker (and really, who does anymore?). One of the secrets of investment banks is that they get great labor at dirt cheap prices. A lot of ivy leaguers and pedigreed MBAs are probably wondering why they sold their youth at such low prices. If you are thinking about trying to get into corporate finance at an investment bank, read this book. If you want to learn about how investment banks work, keep looking.
Rating: -
One of the most accurate, yet funny, depictions of the life of an investment banker. It gives a first hand look at the inside world of I-banking - right through the big bonues, expensive suits, and 1st class travel to the depths of scrounging through garbage to make your way through the business. A wake up call for you big time college seniors who want to be an investment banker just for the glory of the title and paycheck. Best book I've read, yet.
Rating: -
It is a good book worth reading by anybody who intends to start a career in investment banking. The book has the merit of going through the life of a junior investment banker, emphasising on the long hours and the miserable personal life a young investment banker has. But that is no secret to any one. But, it is only the authors' experience. Any author, especially in banking story books like to present himself as a hero and the rest of the world as idiots. Authors of this book don't fail to the principle. They are the good guys. All the SVPs, MDs, CFOs, CEO and the rest of the world are evil. You, the reader, are on the good side too, because you probably bought the book, and most importantly, you are the audience, the public. The text is full of F words and S words and other profanities, which I dislike. It presents the investment bankers as rich under human creatures. There must be some exaggeration there!
Rating: -
I will only add this to all that's been said so far - the one line that made most impression on me, was when Troob said about Rolfe when he first met him (s.th. like) 'he did not know anything, but he wanted to learn and did not have an attitude'. if you lack these qualities, you'll soon be made to feel sorry that you ever accepted a job offer from 'the best and the brightest'.
so, quite useful advice right there. ironically, by cursing left and right, the authors leave the reader with a supercynical attitude, undoing one of the few real pieces of wisdom that the book has to offer. i'm not defending the big guns, just trying to say that you can only hurt yourself if you allow the Dark Side 'to dominate your destiny'. read Sun Tsu instead..
|
|