The Wall Street Skinny

Latest Episodes:

12. What to Expect in Your Your Summer Internship Jun 10, 2023

Show notes

Congrats on landing your summer internship....Now what?? We walk through every aspect of the internship experience --- from getting coffee to getting the coveted full time offer. We talk about housing, training, desk assignments, the importance of networking, etiquette, and typical projects across various divisions. We discuss how to prove your worth, how to land a full time offer, and how to deal if you DON'T get that dream offer. Sharing personal stories of being little grownups in the big city and all we learned along the way.

Shop our Self Paced Courses:

Investment Banking & Private Equity Fundamentals HERE
Fixed Income Sales & Trading HERE

Subscribe to our Substack: https://substack.com/@thewallstreetskinny

11. Hedge Funds 101: Feat. Paul Podolsky Jun 03, 2023

Show notes

Send us Fan Mail

In this episode, we explore the world of hedge funds with Paul Podolsky, who spent 16 years at Bridgewater (the world's largest hedge fund) before launching a writing, publishing, and podcasting career. We ask: how did hedge funds evolve, and how are they different from traditional asset managers? What are the different types of hedge funds? How do they raise and deploy capital? What are the entry and exit opportunities? And...what does it truly mean to be a "pain sponge?"
Paul Podolsky spent 20+ years on Wall Street with most of that time at Bridgewater Associates, the biggest hedge fund in the world. Prior to that he worked.as a journalist in 1990s Russia, writing for Novaya Gazeta, The Moscow Times, and Hearst. He graduated from Brown University, The Fletcher School of Law and Diplomacy (Tufts in association with Harvard), and the Maurice Thorez School of Foreign Languages. He currently has a podcast of his own called 'Things I Didn't Learn in High School', is the author of "Raising a Thief" and "Master Minion" and has a Substack where he writes "Practical, jargon-free description of what is going on in international affairs and financial markets that ties directly to my asset allocation, with full transparency into my wins and losses."
You can follow him at the links below.
Follow Paul Podolsky:
Twitter @paul_podolsky
Instagram @paulpodolsky
www.paulpodolsky.com

Shop our Self Paced Courses:

Investment Banking & Private Equity Fundamentals HERE
Fixed Income Sales & Trading HERE

Subscribe to our Substack: https://substack.com/@thewallstreetskinny

10. Q&A: Valuation, Buy-Side vs. Sell-Side, IRR vs. CAGR, Excel and More! May 26, 2023

Show notes

Send us Fan Mail

Answering questions we've received from listeners via email and Instagram! This week's topics include: how to choose the right valuation method? How to prepare for an investment banking interview? What is the difference between IRR, CAGR, and ROI? ...and more!! This is our first of many future Q&A episodes to come.
To have your question featured on our next Q&A episode, please email us at questions@wallstreetskinny.com or send us a direct message on Instagram.

Shop our Self Paced Courses:

Investment Banking & Private Equity Fundamentals HERE
Fixed Income Sales & Trading HERE

Subscribe to our Substack: https://substack.com/@thewallstreetskinny

9. The Lehman Trading Floor: An Inside Look at the 2008 Financial Crisis Epicenter May 20, 2023

Show notes

Send us Fan Mail

We share our unfiltered personal stories from the front lines of the 2008 financial crisis. Maybe you've read the headlines: banks going under (SVB, First Republic), UBS acquiring Credit Suisse, offers being rescinded, and worry about what will happen if you’re starting your career during a financial crisis. They say past is prologue so we share what it was like being on the trading floor of Lehman Brothers when it collapsed, or working firsthand on the financial products that caused a global economic meltdown. We also reflect on lessons learned for navigating your career path during times of uncertainty. Our most raw, personal episode yet!

Shop our Self Paced Courses:

Investment Banking & Private Equity Fundamentals HERE
Fixed Income Sales & Trading HERE

Subscribe to our Substack: https://substack.com/@thewallstreetskinny

8. The 2023 Banking Crisis: What Led to SVB’s Downfall May 13, 2023

Show notes

Send us Fan Mail

It's been a pretty wild spring in 2023. Since March of this year, we've seen Silicon Valley Bank (SVB) collapse, Signature Bank shut down, Credit Suisse get acquired by UBS, and --- most recently --- First Republic get acquired by JPMorgan. But the turmoil in the banking sector is likely not over just yet. In this episode, we explore the economic circumstances driving current events and explain the underlying mechanics behind the headlines.

Shop our Self Paced Courses:

Investment Banking & Private Equity Fundamentals HERE
Fixed Income Sales & Trading HERE

Subscribe to our Substack: https://substack.com/@thewallstreetskinny

7. How to Ace the Investment Banking Interview May 06, 2023

Show notes

Send us Fan Mail

We tackle our most-asked listener question: how do I ace the interview for a job in finance? Listen to learn key technical skills you'll need in your toolkit and pick up tips for mastering the conversation. We touch on do's (and don'ts!) for interviews in IBD and Sales & Trading, and cover variations on the theme for hedge funds, private equity, and other opportunities.

Shop our Self Paced Courses:

Investment Banking & Private Equity Fundamentals HERE
Fixed Income Sales & Trading HERE

Subscribe to our Substack: https://substack.com/@thewallstreetskinny

6. Fixed Income Sales & Trading 101 Apr 29, 2023

Show notes

Send us Fan Mail

In this episode we tackle the Sales & Trading division of an Investment Bank, the high profile, fast-paced, markets-based, client-facing arm of a firm. This is where billions and billions of dollars change hands every single day, and fortunes can be made or lost before most people have their morning coffee. We follow the journey of an investment idea from conception to execution, explain the roles of salespeople and traders, and discuss compensation metrics and exit opportunities. If you listen closely, you might just learn how to retire before you’re 40.....

Shop our Self Paced Courses:

Investment Banking & Private Equity Fundamentals HERE
Fixed Income Sales & Trading HERE

Subscribe to our Substack: https://substack.com/@thewallstreetskinny

5. Debt Capital Markets 101: Where Do Bonds Come From? Apr 22, 2023

Show notes

Send us Fan Mail

In this episode, we delve into one of life's greatest mysteries: where do bonds come from?? We take a brief detour through the capital markets group and walk through an example of corporate bond origination. We also discuss the lifestyle and exit opportunities associated with the Capital Markets division of an investment bank

Shop our Self Paced Courses:

Investment Banking & Private Equity Fundamentals HERE
Fixed Income Sales & Trading HERE

Subscribe to our Substack: https://substack.com/@thewallstreetskinny

4. Investment Banking 101: IBD Deep Dive Apr 17, 2023

Show notes

Send us Fan Mail

In this episode, we explore the investment banking division (IBD) through the lens of one specific merger, discuss different groups within the division, and share insights for those interested in a career in IBD.
This episode is dedicated in loving memory of Jennifer Moe, a former colleague and beloved friend.

Shop our Self Paced Courses:

Investment Banking & Private Equity Fundamentals HERE
Fixed Income Sales & Trading HERE

Subscribe to our Substack: https://substack.com/@thewallstreetskinny

3. Investment Banking vs. Sales & Trading: Secrets for Success Apr 08, 2023

Show notes

Send us Fan Mail

What are the secrets for success in investment banking and sales and trading? In today's episode we discuss talents and character traits that may set you up for success on Wall Street, explain the two main divisions of the investment bank in greater detail, and describe a day in the life of a first year analyst in both divisions.

Shop our Self Paced Courses:

Investment Banking & Private Equity Fundamentals HERE
Fixed Income Sales & Trading HERE

Subscribe to our Substack: https://substack.com/@thewallstreetskinny

Our TOPPODCAST Picks

Follow Us

Stay Connected

Related Podcasts

Links

Stay Connected