What is an LBO?

[@TheBryanJun]

Hi All - As announced in this video (bit.ly/3eduRGS) I’ve launched a Career Consulting / Life Chatting “Service” where I’m meeting people virtually for 30 minute sessions. I’m continuing to make videos and answering every question I can in the comments as always and live streaming every Wednesday at 10pm EST, but this is a good opportunity if you’re in need of individually catered advice. If you’re interested, please fill out this form forms.gle/LRdnvX7inZWYoBrj7 Looking forward to hearing from you!

[@Benjamin-ji9pr]

Nobody: Finance professionals: hey have you heard about this thing called LEVERAGE

[@TheBryanJun]

hahahaha facts

[@srirampotluri7722]

Bryan's carrying 2020 rn

[@TheBryanJun]

hahahahaha it's been an interesting year....

[@benjaminbialy6284]

Great video as always Bryan, you deserve so much more subscribers. You explain everything so well that even a high school can get a good grasp. keep this up, I love the content

[@TheBryanJun]

appreciate it!

[@nileshmohapatra4013]

Agreed! I am said High Schooler

[@amalsoo6596]

LBO explanation smashed it bud!

[@TheBryanJun]

Thank you!

[@aboss1283]

Where did you learn about how to conduct financial processes such as LBO’s? College or from your job? Did you learn most of what you needed to know to be successful at work from college or from the company you work for?

[@TheBryanJun]

from the job / on my own!

[@sebastiandeklerk6420]

If you made a podcast I would genuinely listen to to it

[@nataliechapman5561]

same ^

[@Luigi_NDLN]

Up

[@TheBryanJun]

I'm considering it just have to do some research on how to do it hahaha

[@jasonsierra]

@@TheBryanJun Im starting one!,,,, I would love to have you on!! Love all the videos!.. Check us out at @Quantleader on instagram!.

[@liamcannon6840]

Great video and clear explanation. Thanks.

[@TheBryanJun]

Glad it was helpful!

[@pranavkaushik1942]

Love the hustle for these videos!

[@TheBryanJun]

Thanks!

[@Regina.Michelle]

Thank you! Now I understand.

[@TheBryanJun]

Glad it helped!

[@ahm-virahl]

your videos are educative

[@TheBryanJun]

i try i try

[@danielf.7506]

This video made me realize the nerd I am... I enjoyed listening to your analogies far too much 😂

[@TheBryanJun]

Glad you enjoyed it!

[@m20001]

What do you think about the FMVA program from CFI?

[@afuwapeolugbenga5882]

Co-ask

[@TheBryanJun]

what is FMVA?

[@m20001]

@@TheBryanJun A certificate from the corporate finance institute, which includes topics such as M&A, LBO, Excel, Corporate Strategy etc. What do you think about the value of the certificate? Thank you! :)

[@rahularora6972]

I did it, recommend it to anyone. Teaches you basic accounting/finance and complex LBO, M&a, mining financial models.

[@BURGATRON]

So the difference with an LBO to a debt is just that you intend to generate more income from the LBO?

[@richardl5401]

Hey Bryan, for your Junior summer internship interviews did you get any questions on LBO or merger models?

[@ndumisolushaba2403]

good question! Im getting ready for a goldmn sachs interview

[@TheBryanJun]

They asked what a LBO was but nothing beyond that

[@ezekielsmith7352]

Should I transfer from a non-target to a target? They are both in Texas. I’m a freshman, and my investment club wants me to stay and argues that my networking efforts will be futile, but I disagree. What do I do?

[@TheBryanJun]

If IB is genuinely your goal it may not be a bad idea but I'd give it some serious thought especially as a freshmen

[@klmscorp7511]

Okay, subscribed.

[@TheBryanJun]

thanks so much!

[@shayanvariava4115]

Gold.

[@TheBryanJun]

Thanks!

[@amitkp6957]

If a company is privately held then how do you get the details of their business especially the financial statements...........do hostile LBOs happen in the private firms? Also, from where does one find out which private firm is interested in selling.......any public source? or the seller approaches the investment bank and they take it from there.

[@TheBryanJun]

not sure on the first question and the second yes

[@konodio9125]

Great video!

[@TheBryanJun]

Glad you enjoyed it

[@nileshmohapatra4013]

Why would a company go public to private, isn't it the PE firm that owns the company for the most part? And my second more important question, regarding the controversy surrounding it because they just look at the short term and by trying to maximize benefits they really make the company vulnerable in the long term, after the sell it, What would be your take on how to fix it?

[@nileshmohapatra4013]

I'm asking for a high school extracurricular where basically I have the jurisdiction of the senate to fix private equity some how, so really appreciate as detailed of an answer you can give

[@nileshmohapatra4013]

Nad if anyone else in the comments have an idea, can you pitch it in too, I'm kind of on a time constraint to get this done

[@TS-ot2es]

We're definitely hitting the 10k this year! Good stuff bro

[@TheBryanJun]

Hope so!

[@brandonsondic4225]

What’s the best major in university to most likely secure a spot in a investment bank as a analyst then move on up in the scale ?

[@paulnewcom8185]

Hey Brian, I'm digging your videos. I'm trying to break into banking and I've been looking for a course like Wall Street Prep to help build my understanding of financial modeling. Do you have an affiliate code for them? Do they do that sort of thing? I wouldn't mind getting you paid because I'm thinking of signing up for it.

[@TheBryanJun]

I do not hahahah really appreciate that though

[@michaelko2280]

Would you rather study Computer Science or Finance if you had an opportunity to study at one of the top universities for free and your goal is to achieve financial freedom as soon as possible ☺

[@TheBryanJun]

I think they're such different fields it'd be hard to say - I studied both in college and I think both have equal merit

[@thegoatpart2]

Bryan, just subscribed because your content is amazing! I have a question: Is it possible for me to become an investment banker? I am a freshman at San Diego state university for business finance. I plan on getting amazing grades and hopefully doing an internship every summer (probably won’t get one for investment banking until junior year though) Please help me man. Appreciate you

[@TheBryanJun]

not sure if SDSU is a target school but outside of that sounds like you have a good plan ahead of you - just make sure to network!

[@thegoatpart2]

@@TheBryanJun thank you Bryan

[@jacobmartin3418]

I live in Texas. *(Not on Wall St.)* lol , but would you say obtaining a CFA or CFP is better for the purpose of getting paid well and when I say well I mean 150k+. I currently have my SIE, S6, S63 & S7. I work in wealth management for Citigroup Global markets but just wanting to take that next step in my career. Any recommendations? I really love San Antonio, TX and don’t want to relocate. What would you recommend certification wise for my scenario and why? Please and thank you in advance hope to hear back! I know it was a side question on theme of LBO of this video but just wanted your thoughts 💭. Thanks a bunch and great video👍🏽 -Jacob

[@dudejuststudylol3166]

hey mate, i'd recommend doing the CFA program. i'm in equities at an asset manager / finished CFA program, so i reckon that rather than thinking about how much you'd make, i think you should figure out if PWM is what you want to do long-term (CFP would probably suffice), or move into institutional funds mgt (CFA would be a huge plus). That being said, $150k+ is a hedonic treadmill, and with higher marginal tax rates in that income bracket, you probably wouldn't find that to be enough money when you get there!

[@jacobmartin3418]

@@dudejuststudylol3166 thanks bro! I really appreciate the insight. :)

[@danica09]

I think I have seen you before which city are you from

[@annazully2680]

thanks! im a biochem student but im trying to work in the financial services industry (even moreso if i can mesh that with biotech!) so these vids are very helpful! p.s i absolutely love your voice 😌✨

[@TheBryanJun]

Appreciate it!

[@2Wettt]

Will you take $5000 for 10% equity of your channel?

[@TheBryanJun]

hahahahhah that's probably illegal

[@Levkin]

8.5k? more like 8.8k.

[@TheBryanJun]

yeeeeeet

[@Levkin]

@@TheBryanJun skeet, repeat. Keep growing bro!

[@danica09]

Yo which city do you live in

[@TheBryanJun]

Chicago!

[@ekemba8979]

Haha... I know for a fact that Venture Capital and Wealth management firms are experts at LBO's. They'll probably be LBO nerds

[@TheBryanJun]

truth

[@connorbyers1872]

I'm a junior in highschool. What should I do now to get an edge and have more of a chance of breaking into the IB industry? I'm taking a 9.5 hour course in it on UDEMY and am trying to learn a lot of the technical side of the work. Anything I should do in addition to that? Thanks.

[@Shinesaur]

Go to a target school, join your schools finance investing clubs, obtain leadership positions, get internships every summer

[@GhaidaMA]

second

[@TheBryanJun]

yeeeeet

[@edwardjones2851]

Consider me invested in this channel. Fully loaded at 8.91k subscribers. Expecting a 300% return by this time next year

[@vitaoliveira10]

Nice vídeo, but you could improve your way of speaking, for non American's hahahaha thanks you.

[@TheBryanJun]

I will try my best

[@milindchaturvedi4762]

First

[@milindchaturvedi4762]

Haha losers

[@TheBryanJun]

sweeet