July 2012
4 posts
3 tags
The Best Way to Master a Topic Is to Teach It
The past 3 summers I have helped teach financial modeling training for the interns and new hires at my investment bank. We give them a blank model with one year of financials, a set of assumptions, and have them build a fully-functional, 3 statement (Income Statement, Balance Sheet, Cash Flow Statement) model with varying levels of complexity.
For the...
3 tags
Take the Time to Feel a Sense of Accomplishment
I read a thought-provoking blog post yesterday by NYC BizDev expert Alex Taub that examined the meaning of accomplishment. I made a comment on the blog and wanted to expand my thoughts into a longer blog post.
My definition of accomplishment is taking pride in making a positive difference, whether it is something relatively small that...
8 tags
The Dumbest Op-Ed of 2012 - "Air Jordan and the...
I read quite possibly the dumbest op-ed of 2012 yesterday in the Wall Street Journal. To be blunt, I found it intellectually lazy, completely off-topic, and full of ludicrous arguments that make no sense.
The title of the op-ed was “Air Jordan and the 1%,” and the subject matter was about income inequality in the U.S.
As you can tell, I have some rather strong views on the subject...
3 tags
The Worst Mistake You Can Make as an Intern
Interns mess up a lot. It’s a fact. They can’t help it, and a lot of times it’s not entirely their fault. Obviously, however, there are certain mistakes that are worse than others.
Our interns have been working hard for almost 6 weeks now. They’ve been through a week of classroom training and have had 5 weeks to learn on the job. We...