From what I understood he is having relationship problems due to that lifestyle. I also highly doubt it's possible to find a new one when all you do is sleep and work.have a woman that can support and understand your lifestyle.
From what I understood he is having relationship problems due to that lifestyle. I also highly doubt it's possible to find a new one when all you do is sleep and work.
One saving grace is he doesnt do real work so that makes it a lot easier
Mize said:Fortunately it would appear that investment banking does not require critical decision making, attention to detail or alertness...hell, do you even have to be awake?
You need all of the above. So What you do is pay attention to details and be creative early on during the day. Then do the easy tasks such as making awesome looking pitches during the night.
Mize said:1. 100 hrs/week for $300k/year is $120k/year for someone who works 40 hrs/week with weekends, holidays and a life. I assume if you're an investment banker you live in a very high cost of living locale (New York, SF, LA, etc.) and you live the expensive style (restaurants no time to cook etc.) so *your* $300k is probably more like many people's $150k.
2. Then there's that $10 million/year carrot. What percentage actually ever get close to that? How many $300k/year grunts are there for every one $10 million/year elite? Sounds like a ponzi scheme to me.
3. Life is today.
When was the last time one of those top guys changed? How often does it generally happen and how many people drop out before that? My guess is at best one in a thousand make it that far, probably less.2. Well, the corp finance team is roughly 50 people, and there is 2-3 guys pulling that.
hoho said:When was the last time one of those top guys changed? How often does it generally happen and how many people drop out before that? My guess is at best one in a thousand make it that far, probably less.
I find it somewhat ironic that you still find time to post on forums
Well, gotta keep yourself entertained when ur on the toilet
Mize said:iPad user.
Topic says it all. Not all things are great in investment banking
I'd argue the converse is unhealthy as well. People who only work 35 hours a week are probably in jobs that they don't enjoy or that aren't interesting. I have never been in that position, so I don't know what its like, but I imagine it must really be challenging on the psyche in the long haul.
As a scientist, I don't know anyone in my field who works less than 60 hours a week on average. I do however start to notice a precipitous drop in productivity if I work more than 70, so its often a question of forcing yourself to go to sleep or to exercise etc.
I'd argue the converse is unhealthy as well. People who only work 35 hours a week are probably in jobs that they don't enjoy or that aren't interesting. I have never been in that position, so I don't know what its like, but I imagine it must really be challenging on the psyche in the long haul.
The Ibanker and Media types who work 90+ hour weeks are super human, and i'll never understand how they can do it.
Working as a programmer I seriously can't imagine having anything else I'd rather do for living. Though "problem" I do have is that I have tons of other hobbies I also want to do (biking, photography, reading, ...) and I'd love to e.g have 8h/day, 4 days/week during summer.People who only work 35 hours a week are probably in jobs that they don't enjoy or that aren't interesting.
Working as a programmer I seriously can't imagine having anything else I'd rather do for living. Though "problem" I do have is that I have tons of other hobbies I also want to do (biking, photography, reading, ...) and I'd love to e.g have 8h/day, 4 days/week during summer.
You could say "just do those hobbies as work!" but that doesn't really work out that well because then it would likely be that I'm forced to do what the employer wants, not what I want.