re: How do you feel about young NY investment bankers being worked 80-100 weeks?

quote:

---

It’s what 9-10k a month take home. Pretty sure I can find a place that isn’t 3 roommates in a shitty apt and have enough left over for other stuff.

---

Id live with 2-3 roommates if I was working damn near 100 hours a week.

160k does not get you to first base in the big apple, not anymore. I got 40% in taxes 15 grand in rent, school loans, car loans, food, park my car that’s three bills a month I need good suits that’s 400 bucks a pop. But it will all be worth it when I land the whale.

That’s not 120 hrs 4 weeks straight.

It’s their decision, they know what they are getting into

Why would I care about what decisions other adults make for themselves?

quote:

---

160k in NYC means you live in a shitty apartment with two or three roommates. It’s a lot of money, but not a good standard of living in NYC.

---

Not true ... my daughter makes half that and lives in a luxury apartment in the financial district with one roommate.

quote:

---

Not true ... my daughter makes half that and lives in a luxury apartment in the financial district with one roommate.

---

Sounds like ur daughter is a high-end escort .











Jk, sorry couldnt resist .. i doubt she’s high-end

quote:

---

For reference, these guys are getting paid ~160k out of college with hefty annual bonuses but in return they're expected to be on call about 18 hours a day for two years to make tiny changes and updates and do research for their superiors. If they make it through that meat grinder they enter the making millions territory and that's why they stay around

---

AKA earning your keep. All people aren’t created equal, same goes for jobs. Want the success? Put in the dirty work. Only a “handful” of people in this world get it served up on a silver platter.

Do your work. Investment banking might be one of the most grueling and cutthroat jobs out there which is why the rewards come in waves.

The real world is a tough, just because you fail at something doesn’t mean you will keep failing or at the very least become good at something else. I feel bad for these guys thinking this is their only path in life.

“Crickets don’t think they’re frogs because they watched a house hunting episode on HGTV. They know they’re lottery winners because of the wars in the middle east.”
-Meghan Markle

You sound elite.

This

Your typo made me think they would work 80-100 weeks and then get shitcanned.

I work 60 hours a week or more. I first full-time job was an area supervisor for Wendy's. I was 19. I worked 7 days a week, at least ten hours a day because the franchise was opening up new restaurants all the time.

My first job was at 15 hoeing cotton. We'd arrive at the crack of dawn and work until dark - every day but Sunday. And we weren't looking foward to being millionaires LOL.