About the book
Kevin Roose, a New York magazine business writer, spent more than three years following eight young recruits at Bank of America Merrill Lynch, Goldman Sachs and other investment firms. Banks hire thousands of new graduates each year and teach them not only how to make money but how to dress, talk, drink and socialize like financiers. Roose tracks his subjects' wins and setbacks, from big trades to runaway spreadsheets, along with the long hours, large bonuses and drug use of the job. Unlike earlier classes, they entered an industry reshaped by the 2008 financial collapse, and they wrestle with questions about morality, status and the worth of their work. His look at the initiation process was unauthorized.
Deepak Chhugani, founder of The Lobby, who began his own career in investment banking, urges anyone planning to enter the field to read it first, saying it prepares newcomers for what the life can be like.
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This book has 1 recommendation
Deepak Chhugani (Founder/The Lobby)
For those interested in starting their career as investment bankers like I did, I’d highly recommend reading Young Money by Kevin Roose before joining. There are tons of people who go into the industry and truly hate it, but I’d argue that reading this book and/or talking with others in the industry beforehand will prepare you for the reality of what life can be like
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