My company @Buyside_Hub officially launched a year ago. Since then, we’ve become the one stop shop for PE, IB, Credit, HF, and overall Buyside & Sellside compensation. But it’s far more than that. We have a massive job board. An inside look at the culture of the firms you’re interviewing at. And we have a large hub of actual interview questions. All it takes is contributing to the platform to get full access for free. This year’s comp survey will be insane - make sure you join in advance of that

The ESG team after you “forget” to add an ESG section in your memo

Holy shit, ENOUGH

Holy shit he did the Walter White quote

PSG vs Barcelona rn

Me and @BillAckman realizing we’re now Netflix bagholders

How AI investors are moving now that the high beta names have traded off

Asking credit analysts to read the credit docs without any help from AI or Octus/CovReview

Somewhere an expert network sales rep is praying your PM doesn’t watch this video.

Does anyone else remember how good the initial 2 & a half seasons of The Walking Dead were? Was on an insane initial run.

Seeing that Tony P is now the 28-year-old bachelor

Remote Work and Hybrid Work changed my life forever & opened a ridiculous amount of doors. I'm super thankful for it and unilateral bashing of remote work is insane. However, there are some companies/jobs that can be remote-first but many innately cannot be. When the car salesman I was buying a car from at the dealership said he didn't get why he had to be in the office, that didnt make sense! Ppl are coming in to buy a car everyday. Secondly, there's massive bifurcation in remote worker talent. There's people like me who work a cool 12-14 hours/day & then ppl that absolutely slack. Remote-first companies should desperately want to hire ppl who work their ass off because they love to, and because they dislike in-office so much. I wake up and immediately start working instead of doing a useless, unproductive commute. But there's other obvious benefits to be remote first: pet care, child care, and familial involvement. You can go to that Doctor's appointment or Kid's baseball game and just plug in for an hour later at night. But also too - household formation. There is continued amazement as to why people aren't having kids and why DINKs embarrassingly exist, and part of it would be resolved if someone in the household worked remotely or had a level of flexibility that significantly cut down childcare costs while still providing dual-income. Most all-in RTO is incredibly destructive for household formation - not a lot of people are paid enough for only one person in the household to work and the Boomers left us holding the bag on a lot of stuff. We need stop kidding ourselves that every white collar job is life & death and requires being glued to a desk. It's just not the reality - that world ended in 2020. Thank god for the remote first companies that still get it.

Blackstone is totally AI-pilled. They now have an AI CIO. "Nearly every investment up for review now comes with two memos: one from the deal team and one from the AI chief investment officer, a model trained on data including more than 14 years of internal deal memos and debates. The AI CIO doesn't have a vote."

We gotta stop talking like this/normalizing this as "cool" and "committed" Health > Work. This is the same crazy expectation set in investment banking too that has to stop.

How working remotely feels

PIK 1L financing. We don’t charge you any interest for 3 years but we PIK at 20% with a 2.0x liquidation preference.

Monday

Succession is so damn good