What do investment bankers actually do?

You asked, and the Good Work Investigative News Team answered. Even if you didn’t ask, the Good Work Investigative News Team still answered. That’s just how good we are.
Thanks to Dunkin’, the official sponsor of getting Good Work out of bed in the morning (this is real).
Thanks to the following intrepid souls for their help with this investigation: Steph Mui, founder of PIN and former JPMorgan I-banker; Liam Killingstad, SVP at SHEPERD therapeutics and former Goldman I-banker; Sonali Basak, lead Wall Street correspondent at Bloomberg TV and writer for Bloomberg news; and Theresa Moriarty and Spencer Wright, who both have partners who are investment bankers.
Follow Steph: / stephmui
Follow Liam: / liamkillingstad
Follow Sonali: / sonalibasak
Follow Theresa: / tmolynn
Follow Spencer: / speezytaughtme
Video by Dan Toomey and Henry Stockwell
SIGN UP FOR MORNING BREW HERE: www.morningbrew.com/daily/sub...
FOLLOW GOOD WORK HERE: / goodworkmb
FOLLOW DAN HERE: / dhtoomey
What do investment bankers actually do?

[@GoodWorkMB]

We have now fully investigated investment banking. What should we cover next?

[@raghavseth5031]

Equity research

[@skiwiwns802]

Whatever you decide to do, keep making these, they are hilarious

[@nyseedround]

CFOs!

[@raijin2950]

Why are stock traders so crazy?

[@nathanielbrewster8457]

Project management or senior engineering at a bloated big tech company!

[@ngocdausch]

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

[@posy-zj5qy]

People believe their currency has the worth it does because they have no other option. Even in a hyperinflationary environment, individuals must continue to use their hyperinflationary currency since they likely have minimal access to other currencies or gold/silver coins.

[@strayhorn-dc1bq]

Inflation is gradually going to become part of us and due to that fact any money you keep in cash or in a low-interest account declines in value each year. Investing is the only way to make your money grow and unless you have an exceptionally high income, investing is the only way most people will ever have enough money to retire.

[@trosien-nz3je]

I've tried investing in the stock market several times but always got discouraged by fluctuations of stock value. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.!!

[@strayhorn-dc1bq]

Angela Lynn Schilling is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

[@trosien-nz3je]

I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

[@sofiakiriukhina574]

I love how the *random investment banker* takes a selfie with Dan but he’s not distracted at all and continues on his investigation 🕵️‍♂️

[@Nachanael]

Cracked me up so hard with how non-chalant Dan was about that

[@floriannagl9193]

thats New York

[@TsarOfRuss]

Always stay focused brothers!! 😆😆

[@angelachanellehuang5663]

Ask for your money

[@angelachanellehuang5663]

​@@TsarOfRusslol

[@ShoeTrees223]

I wonder if these interviewees know what they're getting into beforehand

[@Rosecco_Real]

I'm sure they are. You have to be dumb not to do research on the news source you are provided comment to beforehand.

[@D0cSwiss]

The group that mostly got blurred out probably didn't, but maybe the others did

[@user-hr9zv1mz5g]

Considering that 90% of i-bankers are subscribed to morning brew, they prob at least know who Dan was lol

[@Ashinle]

Some of them reappear in other videos so a few are and others aren't

[@Actias1974]

I hope not. Lol.

[@umj199]

5:06 "You guys hot in the vest or just the chest and not your arms" 🤣 Dan's pivot game is so good

[@MOTM1234]

"nahhh dude" loll

[@pannyfan4851]

That was good banter. Haha

[@BabyBearRudy]

I like how even the Investment Bankers have a hard time explaining what they do

[@WilfNelson1]

Correction, hard time explaining what they do honestly without being fired or sued

[@thesnackbandit]

Is it so hard to say that they help companies raise capital and broker corporate transactions such as mergers and acquisitions?

[@georgerosebush9754]

@@thesnackbandit murders and executions?

[@fishdeeck71]

It’s simple: they either help investors find companies to invest in or they help companies raise money through finding private investors or through IPOs. They are the middlemen of investors and investees

[@thesnackbandit]

@@fishdeeck71 Yes. No idea why this is so difficult for so many to understand.

[@curtisgerstner4958]

This guy is a content genius. Best new series on KZbin in a long while. I hope the people at Morning Brew are giving him the kudos he deserves.

[@dhtoomey]

I do this for journalistic integrity and nothing more. Also money.

[@kaibuchan]

Agreed. One of the only things i look forward to watching on youtube

[@nunwrestling]

@@dhtoomey give this man a raise!!

[@B4rberblacksheep]

I mean given they rebranded the morning brew channel to good work last year I think they’re fairly bought in :p

[@yungrel1916]

I swear !!! I started at the investment banker video but now im going to watch them all from here

[@yumi9626]

I have never seen this man before in my life but wow the production quality is higher than I expected

[@ChristopherAbelman]

I did the lump sum buy at first, 125k into SCHD, 75k TSLA, 25k VYM, 25K VUG. Now I'm dca buying roughly 2k every week of whatever is on sale, and looking to add more tech positions to my portfolio. I'm looking to hold long term 15 - 20 years, so hopefully my lump sum buy in doesn't bite me in the ass long term.

[@beafoster747]

In the past weeks, my "unexciting" index funds provided me with over $6,000 in dividends, giving me the option to spend without selling shares. Currently, I've opted to reinvest the dividends to acquire additional index funds for future growth.

[@HildaBennet]

I was self-managing my portfolio but suffered heavy losses in 2022 and i knew i couldn't continue like that, so i consulted a fiduciary advisor. By restructuring and diversifying my $1.2M portfolio with dividend-paying stocks and ETFs, Mutual funds and REITs, I significantly boosted my portfolio, achieving an annualized gain of 28%.

[@PennyBergeron-os4ch]

Interesting. I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

[@HildaBennet]

Sonya Lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

[@PennyBergeron-os4ch]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@TheTikus91]

I love how this channel has been covering all my potential career options (IB/ VC/ consulting) Now you just need to cover equity research and I'm all set to choose a path solely based on your videos 😂

[@GoodWorkMB]

Please keep us posted on how this goes for you

[@Thomas-fn7vq]

You poor soul

[@andshescallingacab4346]

it’s still not too late to become a metro train driver i believe in you

[@moazim1993]

Equities research is pretty interesting as far as jobs go

[@haraldbackfisch1981]

No disrespect but try sth useful instead

[@Leftistattheparty]

Just found this channel and it's like a deeper look at capitalism but in the same format as Channel 5 news. I love it.

[@Sun-diver]

“Capitalism is when, uhh, banks exist.” I know leftoids aren’t usually the brightest, but seeing them whine about things that don’t exist is so funny to me. No wonder so many of them are mentally ill.

[@dadtier564]

That preparatory sip edit at 4:18 is why I love this channel... it's the little things!

[@einerus]

It's a classic move by now. :)

[@sohamessi]

I was just looking for this comment. I swear - so well thought!

[@user-is9ls6gg8z]

At 7:12 I completely lost it, with those introductory cards on display and his pointed expressions at the lady.

[@johnanderson8385]

This man is a corporate baddie. Straight up.

[@danielhancock6953]

I will forever appreciate this channel, you’ve helped me and my family a lot, your videos, advice and lessons are inspirational helpful to us, I now earn every week. You’re such a blessing to this generation, we all love you

[@samuelroddy5382]

I will love to be your friend dear as well as sharing some i dears which you're benefiting.

[@danielhancock6953]

Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert. Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.

[@BiedenkappPatrick]

Hey how good are your earnings I will like to get some insights into trading thank you.

[@danielhancock6953]

Currently i can attest to the fact that I make $18,300 weekly through trading which is more better then my monthly salary job. Trading becomes my passive income.

[@VictorMartinez-ko5ct]

I can relate to all you said becaus am facing similar thing right now. Congratulations I wish you more success.

[@philyuan583]

Holy moly! The ending!! Cant get anyore impactful than this!😂😅🎉

[@vovandarius]

This whole series is a masterpiece! (It’s actually really useful knowledge packed into a very entertaining format - brilliant)

[@gabrielbruhnr]

Exactly, but most people downplay the roles of financial planners until burnt by there mistakes. Productivity is optimized and keeping up to date strategies and analysis makes it more lucrative. I've been able to navigate the volatilities and scaled up 880k from 220k with professional guidance.

[@mikey43221]

In light of the recent disruptions in the banking sector, what are the tactical shifts that investment bankers are implementing to ensure their clients' portfolios remain secure? I'm interested in learning about the adaptive measures they're taking to weather these challenging economic times.

[@tmer831]

In response to the fluctuations within the banking sector, investment bankers are probably expanding their focus to include a wider range of asset classes and are reevaluating their current approaches to risk management. They might be exploring alternative investments or considering more conservative positions to protect against volatility. Additionally, they could be closely monitoring market trends and regulatory changes to proactively adjust client portfolios, ensuring they can respond swiftly to safeguard investments from the unpredictable nature of the industry's current state.

[@AllenNichol]

Absolutely! i agree, diversifying and reassessing risk is key. Given your knack for seeing opportunities in market fluctuations, this might be a familiar strategy during these times. It's also a good moment to consider the role of dividends in your portfolio and I believe using an investing advisor is a terrific idea as they can provide a steady income stream even when market prices are volatile.

[@mikey43221]

Well, I've been researching advisors lately because the market news I've been seeing hasn't been that positive. Who is the individual who helped you, and is he or she still around?

[@AllenNichol]

The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Vivian Carol Gioia‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.

[@mikey43221]

I appreciate the information. After conducting my own research, it is evident that your advisor is highly skilled and knowledgeable. I have reached out to her via email and scheduled a phone call. I am impressed by her expertise and eagerly looking forward to our conversation.

[@ShumuStudios]

6:13 the choice of books...stellar!

[@ssiddarth]

This was a great recommendation by KZbin, Subscribed!!!

[@zakishamsi5889]

I wish he showed the full interview with the ex-goldman sachs analyst instead of skipping around. It sounded really interesting.

[@dhess34]

Should be a clip on a companion channel. All the cool kids are ding those second 'clip' channels now. But we all know that Dan's not cool, so scratch that idea.

[@cherrymetoo]

I've been binging every upload from this channel lately, love the work!

[@aakarshan4644]

Brooo the subtle things spread across the whole video..!! Chef's kiss golden ong.🤣🤣

[@mihneagogu1389]

good work doesn't miss. Good work with the videos!

[@idevicerhelper]

i love your videos! they’re informative yet so fun. i love the self criticising captions

[@vjudesan]

this guy is a content machine! Keep pumping out new videos please

[@CoolDBG]

Incredibly thought out video, funny, great quips under the names, 10/10 keep it up

[@alexberrezueta8186]

I’ve been waiting this episode for a long time

[@chonsly]

My dude stone cold reporting with a random guy taking a selfie with him. True Journalism. 02:18

[@christiemelendez7454]

As a former associate IB is: completely admin. People use excel but not as much because everything is done via their softwares. You just need to know excel just to double check that the software matches your manual model. Now with AI it is automated. IB is about sales and admin. You need to know someone to get you in. That’s it.

[@omkarjadhav4645]

Networking is enough?

[@ShawnFX]

Fk i hate networking, I have bad social anxiety and communication skills. But I want a job in finance as FA / FP&A

[@hellacooook]

It sounds like a dating /social recruitment . Basically frat life part 2

[@erickburgess4718]

what other finance careers do you suggest other than banking?

[@christiemelendez7454]

@@erickburgess4718 Private Equity

[@Maxyy40]

I've been waiting for this video for so long

[@clara5924]

Really unique coverage, well done vid. I worked a bit for one of the investment bank outside of USA location. My supervisor was pretty chill compared to his colleagues, but his boss was just relentless. when he happened to see me not staring at the screens, typing or doing other productive things, I'd get scolded. It was an interesting but draining experience, definitely not for me. But yeah if you all want to get that sky high pay n do not mind much of life-work balance, go for it. I've seen many only stay for around 5 years, quit n pursue career in more relaxed environment.

[@durururururururu]

Dan, you and modernMBA are the only people who has made my journey thru business management bachelor tolerable.

[@thatguybryan6192]

Investment bankers work with something called Mergers and Acquisitions, which is essentially companies buying other companies. Banks earn lucrative fees and interest by providing lending facilities to the M&A. These are very complex transactions involving law firms, banks, proxy firms and advising firms. Hopefully that was somewhat clear!

[@ankanmaiti9864]

They are basically paid for lending the stress involved in running the business

[@segamai]

Not at all, thanks!

[@mouserue]

I thought they worked in Murders and Executions, according to a documentary put out in 2000.

[@bigboat8329]

Not all of us provide lending facilities to the M&A. Some do. Those are called full-service investment banks. Many players in the Middle Market stray away from full-service investment banks because there is an inherent conflict of interest. Someone like JPM isn't incentivized to provide the best valuation or transaction/fairness opinion on a buy-side deal within a FSG group when the buyer is using JPM financing.

[@robertf6588]

"out of his depth" was the most relatable part of this video

[@Aut0mati0n]

You are my favorite investigative reporter.

[@MedlifeCrisis]

Was that gang of chumps’ interview really spontaneous? Outstanding work. Love the series. My wife has been working for investment banks for almost 20 years and I have no f*cking idea what she does, nor do I really care. Sounds boring af

[@Jager6S]

2 decades and you still dont know😂😂😂💀

[@shaunsensei6948]

You're a terrible husband if you really are like that

[@brigit3759]

Lmfao

[@isk31]

Great content! Literally the new way of news media

[@grandios2930]

I love this channel and this is only the first one i've watched

[@roudyhelou3559]

You are HILARIOUS. Subscribed!

[@PokhrajRoy.]

People use the term very lightly but nice to see this explainer video.

[@easylight6412]

So it’s basically management consulting. Got it.

[@acters124]

its consulting all the way up

[@RhinoRhinoGiraffe]

yes, but with underwriting. A boring but quite important distinction.

[@spigbungus]

Don’t lump IB in with those buzzword bongos. At least investment bankers know they do.

[@CillBill94]

but what is management consulting?

[@Zoltan1251]

No it isnt. You actually have to know how to dissect the accounting to reveal how the company operates. Consulting is just bunch of kids playing with powerpoint.

[@almasfizashaikh6159]

New to this channel, it is my first video and you almost got me in the beginning. Just thought it was an actual news. Went through your channel, was still confused until read your About section lolololololol.

[@pf4877]

I wasn't interested in investment banking but the video was interesting enough I learned about investment banking.

[@unicee514]

It’s PACKED with so many subtle jokes I love this series and Dan Toomey

[@idris609]

You are hilarious my guy. Never laughed so hard. Great content!

[@jasonsun3695]

this is peak journalism.

[@MeTheOneth]

4:54 Wow, you got a whole herd of them!

[@colinlewis4861]

Some of the best stuff on youtube right now

[@From_Nothing_Gaming]

Highlights: 0:15-0:16 - Crispy page flip transition 0:45-0:48 - Ghost revolving door 1:31-1:33 - Hang in there 1:50-1:52 - The crispiest page turn transition yet 2:17-2:21 - Dan's biggest fan 4:17-4:21 - What? 4:25-4:27 - Excuse me? 4:33-4:37 - DRINK IT! 7:01-7:03 - Relief, sponsored by Dunkin 8:01-8:03 - The page turn transition to end all page turn transitions 8:31-8:40 - Dog

[@HubertJamesGessner]

Thank you.

[@charzzam5311]

Thanks👍

[@abhisheka3]

You forgot "Credit Suisse. Jk. Lol" around 0:41

[@caetano1998]

that was brilliantly written, great vocabulary in your finacnial detective character

[@nikolai0412]

one of the best videos i've seen this week

[@SouthAfricaMintcompany]

From $7K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.

[@bennyhinu]

Wow that's awesome

[@bennyhinu]

But I still love my mentor Sophia

[@featherhoopdli]

To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income particullarly on a weekly or monthly basis. That's the key to living financially stable....

[@MrsSophiaRecoveryservices]

I believe a healthy portfolio has 3 things, at the bare minimum: Exposure to ETFs for increased diversification, Exposure to assets that generate cash flow like dividend stocks, Exposure to market-leading tech. Thanks to Evelyn George, my advisor

[@josirismeldazu]

It's been so rough for me trading on my own because I have had much losses.Think the real market is manipulated. Please can anyone help me out or tell me what I'm doing wrong

[@Ben-Reid]

0:11 is the most I have seen Dan Toomey smile in a Good Work video. Maybe he's not AI after all

[@benyaminmiller5504]

Best documentary I’ve seen in a while

[@julesdrums6167]

6:23 love the dramatic camera work

[@Divyesh44]

Thanks Dan !! It was a hilarious but pinpoint introduction to investment banking to me. 😂

[@hungryhedgehog4201]

It's allways good to see how people making exorbitant amounts of money struggle to explain what they even do. It's almost liek there is something wrong with this system

[@user-qk1gy7yx9t]

Very high quality content, the author definitely knows his stuff.

[@efulani]

I subscribed right away. And I loved it.

[@improvemyself256]

6:15 I love listening to her, she speaks so clearly and well put together

[@austinv1182]

2:18 lmao

[@dewgyhouserm.d.4224]

This video is incredible for so many reasons

[@QMWholean]

The poster is my favorite. Half-hazardly taped up there. Really sets the mood 😂

[@burtelli]

This is so fucking good. One of my favorite channels. Please keep it up! This channel is bound to blow up!

[@Fisher1416]

Great content, please keep ‘me coming!

[@user-fm6wz8pn5e]

The most fun investment banking video I’ve watched 😂😆😆

[@matthewp1682]

Nahh this is the best channel on youtube now

[@OezgeSebisteri]

I saybit again. Your content is GOLD dude 😂 Very impressive and entertaining!

[@pratyushpadhy03]

"Great job, KZbin wizard! You've managed to unravel the mystery of those snazzy investment bankers in a way even my cat could understand. Kudos for keeping it simple, snappy, and suitably hilarious!" 🎉😄

[@umathefurry]

pajeet

[@marcuscicero5033]

Former partner at mid-market i-bank here. This is what I did daily... 1) hunt for new prospects to a) raise capital, privately or publicly b) restructure balance sheet 2) develop process (often standardized but unique to every prospect) to meet promises => ex: raise $100MM in growth capital 3) run process with A&A's doing the excel, powerpoint work 4) daily meetings with client 5) develop CIM 6) market CIM to a) financial b) strategic investor c) stock offtakers 7) structure deal 8) close and collect % of total deal size That's it in a nutsell

[@raxxmoriti]

3:29 Good grief the way you fast forwarded the poor guy! great job on this video🤣

[@carbo_2022]

I wonder how he gets connections with these people. Is he spamming every account in LinkedIn? 😂 I love this series so much. Keep them coming, good work!!

[@AltevBaka]

The interview subtitles are always golden 😂

[@guillermoratou]

Funny AND Informative. Well done!

[@stuartdarkin]

“Just behind these very doors, dozens of my high school bullies are chained to ergonomic desks, staring at excel and cracked out on prescription stimulants” 😂😂😂😂😂 comedy timing skill: 100% maxed out. this is soooo funny at the same time as being very exposing for such a heinous system! More power to this channel!!

[@wadeseth9596]

I'm interested in investing, but I'm not sure where to start. Do you have any advice or contacts who can help me out?

[@KeanuReeves-mt1cq]

Investing can be complex, so it's smart to get professional guidance when building your financial portfolio.

[@AmirSharizan]

It's a great idea to have a conversation with financial advisors like Naomi Dean to reshape your portfolio.

[@floralola398]

I spread out my $25k portfolio across various markets to diversify my investments.

[@SherellDimaria]

That's awesome! I ended up making a net profit of about $115k by investing in high dividend yield stocks, ETFs, and equity.

[@kimberlykate6184]

​Naomi Dean stands out from other brokers because of her realistic approach, unlike those who often set unattainable targets and fail to deliver. She's truly unique!

[@user-zf1jo4hz8b]

Almost everyone, including the media, is anticipating a market catastrophe, and as a result, many are turning a blind eye to the opportunities in the market. I recently began investing in stocks and it was the best choice I've ever made. If you genuinely want to be financially secure, disregard everything the media is suggesting. The market offers a lot of chances. Maximize your use of it

[@RoryAidan]

What opportunities are there in the market and how do I profit from it?

[@user-zf1jo4hz8b]

​@@RoryAidanYou can make a lot of money from the market regardless of what occurs, whether it strengthens or crashes. The key is to be well positioned, and that's what matters most.

[@RoryAidan]

​@@user-zf1jo4hz8bI will really like to know how this things actually work

[@user-zf1jo4hz8b]

​@@RoryAidanAll you need is a good capital and the service of a pro, with those you're guaranteed to gain.

[@RoryAidan]

​@@user-zf1jo4hz8bDo you have an idea of any good pro I can start with?

[@Hachikii]

Dude, you are a great reporter!

[@AdamBraus]

Truly excellent video.

[@prathamalavandi531]

This man is peak comedy and entertainment and severely underrated ❤ never disappoints

[@ivanvillalobos7734]

And education. I have honestly learned a lot lol

[@LeoGibson.]

really cool video well done matey!

[@hho7789]

instant subs! great content

[@Unknown-ig9yj]

Do CPA’s next you gotta cover all the main players in the financial world.

[@mitchellsteindler]

That's pretty straightforward...make sure companies or individuals aren't breaking any tax laws, and advise them on how to reduce their tax burden.

[@Unknown-ig9yj]

@@mitchellsteindlerthat’s like not at all just what they do there’s like a million different things they do and all of it is weird. Like they might do assurance or tax or advisory or consulting.

[@mitchellsteindler]

@@Unknown-ig9yj sure, every job title has many things they do and many things they can do

[@Unknown-ig9yj]

@@mitchellsteindlerso then would you agree that it’s a nuanced position and could use a funny comical video skit on it???? Lol that’s the professions he’s covered so far, people know the name but don’t know what they do just like a CPA. You just admitted yourself that they can do a wide range of things, so I guess it’s not very straightforward.

[@spigbungus]

Even Dan couldn’t make that video entertaining. I fell asleep after reading the P of CP….zzzz.

[@anthonymorrison6557]

The introduction of a Bitcoin ETF marks a groundbreaking moment in the cryptocurrency world, merging digital currencies with traditional investment methods. This innovation could stabilize Bitcoin prices and broaden its appeal to a wider range of investors, potentially increasing demand and value. At the heart of this evolution is Sarah Jennie Davis, whose deep understanding of both cryptocurrency and traditional trading has been instrumental. Her holistic approach to investment and commitment to staying abreast of market trends make her an invaluable ally in navigating this new era in cryptocurrency investment

[@jonesfrederick1228]

The wisest thought that is in everyone's minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH... Stock)

[@anthonymorrison6557]

She is really a good investment advisor. I was privileged to attend some of her seminars. That is how I started my crypto investment

[@KevinBrian-py5mn]

I have heard about her excellent trading expertise in CNBC news, guess she's more popular in United States

[@hunnycundiff6835]

YES!!! That's exactly her name (Sarah Jennie Davis) so many people have recommended highly about her and am just starting with her from Brisbane Australia

[@udeikechukwu2348]

I thought I'm the only one that knows her well I guess her good reputations speaks for her now

[@Brendster618]

excellent!

[@AmeenRidwan]

I really really like this channel

[@Erik_Scott]

the title texts for dan are always great lol

[@owainnewton326]

The production value on this just makes it more hilarious 😂

[@tashinyimax]

I appreciate your work. It’s informative and entertaining with a 90s voice 😅

[@TheAprilWindz]

informative, educational, good work

[@Riggsnic_co]

Investing in the stock market has HISTORICALLY provided higher returns than other forms of investment. According to Morningstar, the average annual return for the S&P 500 index, which measures the performance of 500 large-cap stocks, was approximately 10% from 1926 to 2020.

[@TheJackCain-84]

Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.

[@martingiavarini]

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

[@bob.weaver72]

please who is the consultant that assist you with your investment and if you don't mind, how do I get in touch with them?

[@martingiavarini]

'Carol Vivian Constable, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

[@bob.weaver72]

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

[@leiderdawg]

As the child of an investment banker, I still don't know what my dad does for work.

[@thesnackbandit]

Genuinely cannot understand why this is so confusing to so many. "Raising capital and transaction advisory" covers it very well.

[@johnnyt190]

@@thesnackbanditya but that doesn’t mean shit, what exactly does that look like

[@asoton957]

@@thesnackbandit Because these are meaningless buzzwords Ask to explain the role on a daily routine basis - most jobs are easy to explain. Investment banking is not.

[@spigbungus]

@@johnnyt190well basically they don’t invest. They set up the bidding process for a company to be sold at the highest value by connecting multiple interested parties. For cap raises they put multiple banks against each other/investors to give the best terms on a financing (interest rate, covenants, etc) It’s similar to an auction house but for companies. Where after the sale, the investment bank get a % fee, often millions.

[@thesnackbandit]

@@asoton957 They are not meaningless buzzwords, most people do not have the humility to admit that you simply have not done the research to understand what they mean. It is not so complicated (to understand the function). Imagine you are a private company looking to raise capital to develop a new product or expand into a new market. How should you raise capital? Debt or equity? What kind of debt (mezzanine, senior etc.) and what yield? What is the cost of capital for the firm? How do you price a share offering? Remain private or list publicly? How will share dilution impact current shareholders? Will future cashflows support the cost of financing? How do you market your company to raise capital from investors? How do you access a network of private investors? Is it compliant with laws? The investment bank will answer all of these questions and raise capital for the company for a hefty fee. It’s tough work and it generates a lot of value. There’s more too, when it comes to transaction advisory like mergers and acquisitions (check out Microsoft’s ongoing acquisition attempt of Activision), which you can all find within 20 minutes of research. Within an investment bank, there are also other front office functions like AM, Corporate finance advisory, S&T, PWM, Equity research and more. None of this information is difficult to access. I think the problem is equally that people are too lazy to do this research or simply don’t care enough to do so.

[@DH-dl3ll]

I love these videos

[@jakebest5601]

6:40 "Ex-JP Morgan", "Ex-amining his life choices" LOOOL subtle but nice

[@XEnzo68]

Your content is absolutely awesome and you seem to get better at it

[@noronahahaha]

From the little insight I have into ibanking at big firms, I feel like this video did not quite capture the awfulness of the industry for entry level workers so I thought I’d add. Back in 2013 an intern looking to place full-time at Bank of America basically died because of exhaustion and not taking care of himself. A friend of mine was ibanking out of college starting at 7 am and getting home at 11 pm. She was absolutely miserable, but held on because of the prospect of promotion and advancement after 2 years. 10/10 would recommend other career paths

[@spigbungus]

11? Sounds like healthy hours for IB

[@speedingAtI94]

Sounds like a graduate student's work-life balance.

[@joseafalvel]

is that bad ? I already work in banking but in the risk operations department and my goal was to switch to investments because i really love everything related to stock analysis and I already manage my own funds andso far I'm into that career path but I had no idea about the schedule, at risk operations my boss even gets mad at me when he finds out I was working over time

[@PokhrajRoy.]

2:19 Haha props to the guy taking a photo near you

[@seddrixdaking2768]

love ur videos!

[@tommyrochester6240]

As an investment banker who also got bullied in high school and doesn’t call $150,000 a buck fifty, I feel very out of place and look forward to reverting back to a poor person some day.

[@cbboiii1100]

I'll buy you a Rolex if you get me into IB

[@cornhoolio6456]

@@cbboiii1100bro just lie and fluff the hell out of ur resume. Follow that by being the dominant person each round of interviews and u will fit in with the next person working alongside u

[@Mac-dt3iz]

Switch to big law. Everyone was bullied in HS.

[@SlimeOhIm]

😂why would you want to revert if you put in the work to escape said poverty?