To people in uni, M&A and say research might seem quite similar. Once you're in for 4-5 years, they are quite different career paths. I wouldn't base my decision on hours alone. Think about where you want to be in 5 years.
The skills you walk away with (and what people hire you on) are also...
Our nets matched.
His equity is not that big for all the hype. As I said I know people younger who've done better in property, self-made.
A while ago there was a building in Sydney CBD for sale at around 6.5% yield, had AMEX as a tenant (I don't know Sydney well enough so can't remember the...
Yes Nathan Birch.
Although I actually don't find it that impressive as he buys pretty mediocre locations and probably has a lot of vacancies.
I know a few who had made more passive rental income than him, younger than him and got there a bit earlier at around 24-25.
Last I chatted to Nathan...
There are some exotic jobs here and there.
But more importantly, young kids only ever think about Goldman Sachs M&A and KKR.
Reality is there are hundreds of these firms that do similar things, don't work as hard, and pay marginally less if not as much.
And there are also exotic jobs...
Bulge brackets and top tier boutiques are primarily very tough working environments. That said it can give you more options if you do your time there.
There're other jobs in the same/similar field that pay similar, but work a lot less. And you can always go back to these bulge brackets in a...
Ibankers (especially BB ones) do what they do because:
- they're too risk averse and are worried they can't replicate their easy (although long hours) salary if they left
- they come across/meet/hear about real rich people (especially in HK) with lots of money, and while they know they don't...
I saved ~95% of my income in first 2 years. Bankers don't have a comparatively more expensive lifestyle in Australia. Why would they? In fact, I spent so much time in the office and ate on my AMEX and caught taxis home every night, my only expense was the odd drink on Friday night and bus fare...