Скачать или смотреть Summary of “Monkey Business” By John Rolfe and Peter Troob

Summary of "Monkey Business"
Swinging through the Wall Street Jungle
By John Rolfe and Peter Troob

• Investment bankers control their environment by using greed, fear, and abandonment.
• Valuation techniques let associate investment bankers justify valuations their man- aging directors set arbitrarily.
• It is the market that drives pricing, not research valuations.
• The investment banks’ search for new meat at top business schools begins at first year orientation.
• To succeed as a first year associate investment banker, work hard and avoid all conflict or rebellion.
• The merchant bank is the most orgasmic place to work because even junior bankers are allowed to participate in deals.
• An investment bank analyst is like a monkey swinging in a tree and holding fruit with one arm — plenty to eat, but no chance to stop and eat it.
• Investment bankers are like toll collectors: you must pay their fee to get the capital you need to continue running your business.