How to Live a Balanced Life

This is really the end goal of the blog. Since we do not cater to the masses, we know that the remaining people have a shot at success. A balanced life is a healthy and happy one and we believe it is obtainable if you play the game of life looking at it from a long-term perspective. With this in mind… we’re going to break down a balanced life into sections. If you have no interest in a piece, do not read it.

1) Financial Success

2) Sex/Dating/Relationships

3) Common Sense vs. Thinking Differently

4) Hobbies and Interests

5) Brain plasticity

We’ll start with financial success since that is where the vast majority of the questions come from and move down to what we believe are two largely ignored topics: Hobbies and Brain Plasticity.

1) Financial Success:

If you found this blog, you’re ahead of your peers. This is not meant to be an ego boosting type comment. What does it mean? You are being *honest* with yourself. You want to be rich. Most people won’t admit this. Instead they make ridiculous comments about how rich people are “unhappy”. Entirely false and you know this already. In fact… if someone is angry about another person’s success/happiness, this is a dead giveaway that they are broke/unsuccessful.

As we have mentioned many times in the past, most people harbor deep seeded negative beliefs about money. They think that it takes too much work to become rich (everything good takes work). They think it will make them lose “friends” (most people have a poverty mindset so you should drop these friends). They think that it will make them worse off as a “person” (whatever that means!). As you can see, regular people don’t even know *how* to think.

With the backdrop out of the way, how do you become financially successful without becoming a boring type A person with no personality? The answer is simple. Kill yourself while you’re young. Until you associate *with* motivational speakers (not the mediocre people in the crowd) you’re not working anywhere near hard enough.

We get it.

Kill yourself is not a good explanation. So here is a quick outline of tangible things to do.

Develop an On Off Switch: This is incredibly important. You need to develop this skill when you are young. You are smarter than your peers. You know that money will come first and your social life will come second. Develop that on/off switch because the people you meet when you’re out partying will 99/100 times be regular people. Law of large numbers.

On Switch: Your on switch is intense. When you are on, you focus and pour everything you have into the task. You continue to push, push, push until your brain gets tired. Your judgement gets cloudy. You have exhausted all of your brain cells when you find yourself becoming *forgetful*. For anyone who has actually worked hard (see any successful person) they will know exactly what the term forgetful means. You will literally forget where you put your keys, your items will become disorganized and you will start putting items in places where they shouldn’t be. You’re discombobulated. You’ve pushed far enough. Time to rest.

Off Switch: Your on switch is dead now. Time to run game or pick up a new hobby. Running game can be at a night club, during the day, or while doing a hobby (more on hobbies later). Most people will have a hard time switching to off mode, off mode means that you are living entirely in the present moment. Off mode means that you are not thinking about your business or your career, you are focused on enjoying life. This means you do not complain about problems in your personal life. You simply leave all of your items behind you and go out to have fun.

*Note: As you get older the on and off switch will blur. The people you associate with will be both fun and successful. There are not many of them. There are even fewer when you’re young so wait it out and you’ll eventually connect with them later in life. Usually around age 25-27.*

Tangible Daily Schedule: We’re going to assume you’re in your twenties and work already. We’ve outlined the basic rules for getting money 1) you need to start a business or 2) at minimum get into a career that generates revenue (or an *event*). There are no exceptions to those two items. If someone argues with you they simply lack common sense. No one is going to pay you a lot of money unless you make them a lot of money and ownership is the largest form of leverage (eg: business).

Any other form of high income for no actual revenue generation is likely a “hot market” which will eventually be saturated in the future. Besides, the faster you learn to produce the faster you’ll get rich and the faster you’ll see your income rise.

Naturally, starting a business is the most lucrative (higher risk, higher reward – unlimited upside). While getting a career is a great hedge (lower risk, lower reward – 7 figure net worth by early 30s) if you do not have any products/ideas.

Typical Weekday: Your typical weekday is going to consist of 14 hours of actual work. If you already work in investment banking as an analyst, you’re not going to be a fool and stare at your computer screen during downtime (30% of the time you are there). Here is what you do:

Part 1) Do all of the tasks you need to do for your career. You need to keep your performance in the top tier. You play the politics game intelligently. You’re working slightly less than you should, yet are ranked at the top. Use that extra time. If you do this correctly ~1/3 of your time will be free while others simply stare at their computer. Move on to part 2.

Part 2) You should learn how to sell online. It is as simple as that. Our suggestion is to start with copywriting. Why would you learn this? Simple, if you can sell online you can transfer this skill to selling a product later. If you don’t know where to start, simply purchase a book on basic copywriting and read it at work. PDF the book and send it to yourself. Press windows + D and you can minimize the screen at any time.

Part 3) Temporary vs. recurring revenue, you have to choose one. If you’re good at online sales you’ll work in either A) traffic arbitrage or B) micro-continuity. If you work in traffic arbitrage you’re going to be making money as an affiliate marketer. If you’re going to go down the micro-contiuity route, you’re going to need a couple of intelligent friends to work with. It is a lot of work up front and you won’t be able to do this yourself while juggling a career. If you can? Even better. You’ll get rich even faster.

Part 4) Wash rinse and repeat the above process. Particularly step two which is by far the hardest. No one is going to hold your hand through the sales process. It is up to you to learn how to connect with your audience. There are not many people who are good at sales and sales will always be in demand. People who believe sales is a “joke” or that sales will “go away” are all fools. Houses will be sold, real estate agents will make some sort of commission. Companies will be sold, investment bankers will make a fee every time if they are *good* negotiators. Companies need to raise money, if you have good contacts… You’re quite clearly good at sales. Finally, you can always improve your salesmanship.

Concluding Remarks: If you don’t want to read the above, here is the summary. If you’re young and don’t have any business ideas, get a *real* career. You will have downtime. During the downtime you can learn to do online sales. This can be done anywhere in the world. Once you are good at selling online you can eventually own the product. The skills are fully transferable. Once the product idea is good to go, you use your aforementioned sales skills and sell. If the product is legitimate you’ll have recurring customers.

2) Sex Dating and Relationships:

Finance questions are first, dating comes in a close second. Notably, we do not believe in doing any sort of line for line approach system. This would turn you into a robot who is simply a smaller version of the person you learned from. If person A is teaching you how to pick up women and you copy everything he does, you’re just going to be a lesser version of person A. You are not developing on a personal basis. You are a shadow of a different man.

Instead the basic premise is the following:

Part 1) You are going to become more attractive to women over time. Girls take you much less seriously in your 20s versus your 30s. You will simply have an easier time picking up women as you get older since men look better in their 30s versus their 20s. Knowing that this dynamic is going to help you over the next decade you should simply learn the basics of “game”. We are not saying that you should shelve all of your social skills. You simply go out twice a week (Thursday/Saturday) and those two days will compound to immense results over a decade. You also chat up anyone you see during your day to day activities.

Part 2) You open women up with an unoffensive assumption or question. You can read 700 pick up books and it will be the same. The opening is always one of the two. An assumption or a question. It can be as simple as a comment on something she is wearing. If you are not socially aware enough to do this you’ve got a long way to go. This will work with both day and night game.

Part 3) We are in the smartphone generation. You can either complain about smartphones or use smartphones to your advantage. We suggest the latter. One thing is for sure, you are not going to rid the world of smartphones. They will eventually penetrate every corner of the earth because they are great products.

In addition, if you live a fun life, you’re not going to complain about smartphones. If you are dealing with attractive girls (you should) they will likely be on SnapChat. Instead of wasting time sending text messages, send over a few cool photos of things you are doing. Videos work as well. In an ideal world you are sending a photo/video related to something you already discussed in the past.

Part 4) Until you are in your 30s, you are not ready for a serious relationship. Period. We don’t believe in them in general. But. If you want to go down this route, you need to be in your 30s. When you are no where near your 30s, you don’t have enough life experience both with women and life overall. Again, we do not believe in them in general, but if you really want to go down this route consider it during your 30s.

With the basic premise out of the way… you see that the real goal is to strike balance in your life over the next decade. Is your sex life going to be better at 31 versus 21? Yes. But. This does not mean you have no sex life. It simply means that you are prioritizing your life correctly. It also means that you *do* learn the basics of game. People who believe that you cannot have both money and a good sex life are simply haters or idiots. That is all there is to it. Will it be easy? No.

Concluding Remarks: This blog will have the same rough balance going forward (most readers are in their 20s). About 80-85% of your time should be focused on money and health. While the other 15-20% will be focused on “game”. That is how your life should look in your 20s. When you hit your 30s, you’re going to flip more towards dating since you won’t be worried about money anymore.

To reiterate. Game versus money debates are stupid. Get both. From experience, getting money is significantly harder than getting women so we suggest more effort on money in your 20s. If you don’t believe that money is harder to obtain than women, you likely have a personality disorder (asperger syndrome).

Ask any normal person the following question. If your life is on the line and you have one year to accumulate $1 million dollars or one year to have sex with a “7” every rational person is going to choose the “7” challenge. Please do not waste our time with “what about an 8” it means you are missing the point. Achievement with money is much harder than achievement with women.

3) Common Sense vs. Thinking Differently

This is a bit more complex than the two items above. Based on questions we are now receiving we see that some people have a hard time differentiating the two (not the majority but some). Perhaps our post on doing the opposite made people go a little bit crazy.

Instead of trying to outline the nitty gritty on how to see the difference we believe this is best served in examples.

Common Sense Example 1) This one is full idiocy: “I am going to put my life on pause to hit on women and improve my social skills”. This clearly lacks common sense. The only time this is a good idea is if you are financially independent. Improvement is not going to be linear and if you simply put in hundreds of approaches in any environment you are going to get better. By putting your life on hold just to meet women you are by definition putting women on a pedestal. You are saying the following to the world: “instead of improving myself I would rather live my life for women”. If you still have to work for a living… Do not do this. If you *are* financially independent. Carry on! Read the game posts we have here, go read other pick up forums and have a blast. You’ll get the hang of it.

Common Sense Example 2) This one screams personal finance disaster: “I am going to take on debt for the same position at the same firm.” This is a foolish move in-line with our FAQ page. While there is certainly merit to attending prestigious schools there is also a line. Learn the difference. A good target school is a good target school. Period.

In addition, the world is not a meritocracy. We alluded to this in our post on office politics. If you are going to be in the exact same position at the exact same firm you’d be crazy to rack up debt for no reason. People who do not understand this do not have any work experience beyond a couple of years and have no idea how real businesses work.

Thinking Differently Example 1) If something has mass influence it means that it caters to mediocre people. This a good example of thinking differently. By definition (again using common sense) if something is extremely popular across the USA it means the average bloke likes it. Average people want to be entertained so you know that popular items are for entertainment. Keep this in mind before you buy something. Ask yourself at least 10 times. Is this going to help me? If not, don’t buy it.

If you cannot answer that question clearly? You are buying it based on how you “feel” and based on your “emotions”. You don’t want to have either when making a purchase. There is a reason that the superbowl charges a lot for advertising. They know that that it will grab the attention of regular folk in a heightened emotional state.

Thinking Differently Example 2) There is no set path for anyone. This even applies to Wall Street as well. We get a lot of emails about how you should go to IBD then go to PE/HFs and that’s it. It is laughable. This means that the person has literally no work experience beyond the associate level. Simply switching from one industry to the next does not mean you made the right decision. Combining common sense with numbers lets take a look.

Person A – Simply goes straight to the next job offer and ignores his current position. He gets a bump in base salary to $150K and clears $300K his first associate year. Year 2 he clears $350K and is forced to go to business school ($200K post tax gone). You will not get financial aid.

Person B – Notices that someone very high up the chain is pulling for him. Say the head of the entire division has a liking for him. He runs the math. The economy has gotten better… He probably has a shot at getting into a revenue generation role. He “only” makes $250K then $300K… But? They have a sit down conversation and the group has decided he has the skills to make VP. No graduate degree needed and he’ll make $350K+ (no post tax money ever paid).

Take a guess who makes more money? Much more likely person B. Why? This is against the “track”. No… It is not. If you have a strong connection with someone with extreme power (the head of the entire division is pulling down multi-seven figures)… Then who is going to take you under their wing?

Well… if he is willing to give you a few hours of your time that is worth *Significantly* more than the near term pain of $40-60K.

Concluding Remarks: We realize that we cannot tell anyone *how* to think. Instead we have given some clear examples of common sense and thinking differently. The key is to make sure you draw on logic and common sense *before* you simply follow advice. This applies to this blog as well. If it is not going to hurt you go ahead and try it out immediately to see if it works. If you see that it works then you should go with it.

Remember. Don’t follow the path that your peers are following for no reason. Your peers are just as lost as you are. Again, ask someone older and see what they say. Don’t network at your level.

*Note: for long time readers we refuse to answer questions we do not know. That is exactly why we talk bluntly and to the point. Your time should be just as valuable as ours.

4) Hobbies and Interests

Most people are boring. Most people that make it onto the Street or other high paying professions are not fun. They are passive aggressive and try to cut you down. The good news is that people who back stab others have two things happen to them: 1) they become boring stressed out people and 2) they don’t last very long in the profession.

If they do make it through the cracks by cutting people down, you can still sleep well at night knowing they are stressed out all of the time. How can you not be after making so many enemies.

Notably, this is another reason for creating the blog. We don’t want anyone who reads it to become boring. You at least have some sense of humor if you’re reading a blog with an aggressive name such as Wall Street Playboys right? Right.

So lets go through some ideas to keep you from becoming a boring person.

Idea 1 – Performing Arts: This is a catch all topic. We do not care what it is. Learn to play music, to sing, to dance, to do stand up comedy to do funny impersonations… It does not matter. As we stated above regular people want to be entertained and women want to be entertained even more. You should be competent with at least one of these skills. It will pay dividends for years to come. In order to become good at it, you will need to practice for a few hours a week for *at least a year*.

Do you know anyone who is boring that is good at one or even two performing arts? Neither do we. Just don’t expect to get rich off of it unless you’re incredibly elite.

Idea 2 – Languages: You need to learn languages. Again we do not care what it is. But. You should choose one that fills a void for you. Lets say you do a lot of business in Taiwan. Well you should probably learn Mandarin to a point of competency.

Alternatively, lets say all of your work is domestic and you like Russian women (who doesn’t) then you should probably learn Russian. Again you do not need to obsess over the topic. Thirty minutes a day while in transit or sitting at the airport and you’ll be competent in a year.

Idea 3 – One Team Sport: You should be athletic. While most blogs focus solely on body building, we suggest you become competent at one sport (minimum). This will prevent you from becoming an enormous guy who is un-athletic. Anyone can eventually squat 2x their weight, it is not that impressive. It is a completely different animal to have coordination, strength, speed and endurance all in one person. Again this is our opinion. If you want to focus solely on aesthetics that is your call but this is what we recommend.

Finally, if you do take this advice and become *good* at a particular team sport… You will *always* have a set of good male friends. This is exactly why you should do it. Weight lifting is an individual sport and team sports will give you a chance to meet new people. Besides, if you meet a guy who is good at XYZ sport, he is probably good at other things.

Why? To become good at anything you need a baseline of hard work. You already have something in common.

Concluding Remarks: There you have it. We have three clear and broad ideas for you to consider. If you already speak a couple of languages, are a part time stand up comedian and can play doubles tennis with college athletes… You’re simply nodding your head in agreement. No one can possibly live a boring life with at least three clear interests in those areas.  Finally, try to mix it up if you get bored of one of them.

5) Brain Plasticity

You’re likely in your 20s. You do not give two shits about brain plasticity. We’ll keep it brief.

This is an important topic. As the younger readers reap the rewards of the advice here they will eventually ask about this.

Brain plasticity refers to changes in the brain from: emotion, environment, behavior, etc.

To cut to the chase… You will see that as your life changes the way you think also changes.

As you execute on the four inital items listed above, you’re going to recognize major changes in how you think and what you deem to be stressful/important/un-important.

Hopefully you have a journal. Take out a pen. Sign and date the page.

1) What is a lot of money?

2) How stressed are you from 1 to 10? Why?

3) How much time should men spend approaching women?

4) What are you insecure about? Be honest, no one will read it anyway.

5) Do you believe *everyone* is angling for something? If so why? If not why not?

That is it. Five simple questions to write down and *review one year later*. We’ll give you one quick hint… If your answer to at least one question did not drastically change (180 degrees) your life is not moving in the right direction.


  1. E&P Houston says

    As always… a great post! Loved the brutal honesty at the end

    “If your answer to at least one question did not drastically change (180 degrees) your life is not moving in the right direction.”

    A little off topic but – any word on a 2015 book recommendation list yet? I’ve read a lot of the books formerly suggested and all have been excellent.

    • Wall Street Playboys says

      Not at this time. If you have read the basics: Felix Dennis, zig’s book and a Wall Street book related to your field you should spend more time coming up with your own ideas.

      If you get bored you can ask someone you know (far up the chain) for a recommendation.

      This way you don’t become a carbon copy of our writers. Again, something you want to avoid.

  2. Fede says

    Thank you guys.
    Sometimes i get lost in my quest, but you can give some clear advice every time.
    I’m working hard to find someone like you in real life.

  3. W says

    Another concise killer! Thanks a lot for your contributions!

    My old man too loves this blog, after finding it thru CDN newspaper Globe&Mail.

  4. says

    Phenomenal post! Looking forward to what’s in store.

    Also I’d suggest you guys consider adding a widget like ‘Sharebar’ or something similar. I was going to tweet this article directly from this page, but didn’t see a button anywhere.

    • Wall Street Playboys says

      Will consider it. One step at a time. As mentioned many times in the past no more than a few hours a week will be committed to this blog.

      We don’t have the time to make multiple changes at a time + blog. Just a hobby for now.

  5. Zoloo says

    Great post. This is a clear and great guide to the folks in their twenties.
    Just received today the shipment for “A Guide To The Rational Living”.

    Will read it 🙂

  6. K says

    New commenter, this didn’t post earlier, so will try once more:

    Man, I wish I had actionable no-bs advice such as this when I was in my 20s!

    I’m neither in banking or tech but have been following your site from the beginning as it seems geared to anyone with a real deal interest in succeeding. Unfortunately for me and based on what I gather from your site, it just so happens that the most efficient risk-balanced way to get there may likely be through Wall Street.

    Do you have any advice for non-banking/tech professionals in their early 30s that doesn’t involve jumping into entrepreneurship?

    Would say an MBA be applicable for motivated people who fall in this demographic as a means to eventually getting into a position for that “liquidity event”?

      • K says

        Thanks for the quick response. I just have one more question. I’m currently on a 401k with a 6% match. I’m fully vested by the end of 2015. My job is a little too chill with limited opportunities to move up within. I’ve been getting calls for opportunities that may increase my pay by about 15-20%. Would it be advisable to wait till I’m fully-vested or jump ship now?

        Again many thanks. Love your blog!

      • Wall Street Playboys says

        If you have no upside at your firm you always leave.

        Our point in the post above is that if you have line of sight to another promotion it is *rarely* a good idea to leave.

        If you know the writing is on the wall, you’re wasting your time there. Literally every day is a waste because no one in the history of mankind got rich off a 401K.

        Read our post on personal finance being bogus. Just search the word bogus.

  7. says

    I just started on learning to write copy. I am in my final semester of uni and my schedule is a joke. I had to make a lot of bids starting out, but eventually landed a gig. Now I am just trying to increase my profits with higher paying gigs.

    Learning how to write copy or write web content really opens your eyes to how much shit is out there.

    I also started reading Felix’s book. It is quite good.

  8. says

    The bit about not being boring is spot on.

    It took me years to learn guitar from nothing in my early 20s but now it pays off big time. It exponentially builds character the farther you get down the path.

    I would also add public speaking to this list. I think every successful man should learn to absolutely crush a live speech, ad-libbed even. Few things are as powerful as a well delivered speech.

      • Anon1 says

        >If you can’t give a speech don’t be surprised when you’re always in the audience.

        Thats pretty poetic.

        Also i am continuing to like the no bullshit approach you guys are taking to blog, it is a very vital reality check needed. Great post

        Regarding the brain plasticity i had been thinking about this for a while now.

        Basically in the 20s and maybe early 30s, the brain is capable of processing novel and random information (also known as fluid intelligence). It stretches as you stretch.

        When people get older, they move towards crystallised intelligence, where a man’s knowledge base /experience and the depth and breadth of his personal mind map helps him navigate various situations.

        I’ve also noticed that people that don’t exercise their brain in their 20s find it very difficult to form proper or coherent thoughts in their 40s. in fact there’s a lot of low information low thought idiots running around the UK, and america in this regard because they spent their 20s getting drunk as a skunk rather than going HAM on the financial success/thinking differently game.

        My question is this, is it still possible to have that kind of plasticity even at older ages?

        I’m 26 but i’d say about maybe 70-80% of the knowledge i’d gained in a variety of areas over the last 8 years were mostly if not entirely second hand information via study rather than experiential information.

        It helped me avoid a lot of pitfalls and such, but you know as well as i do, the real shit ultimately drills down to experience.

        anyway, thanks

        p.s. i’ll read this article several more times anyway, so don’t worry about replying if there’s a time component at play

      • Wall Street Playboys says

        Sure. Basically you’re saying can you connect dots in your 20s vs later in life in your 30s.

        The answer of course is yes.

        All innovation is: 1) notice pain point, 2) knowledge of how to fix pain point and 3) experience with said pain point.

        Most innovation is found through pain because people want to solve that particular issue. Has nothing to do with age at that point.

        The problem today is most people who are ruling do not bother to take action. They read and read and read becuae ebay is what our education taught them. Instead you should read *slectively* and *apply* the changes to see real results. 90% application 10% reading.

  9. says

    When you say micro continuity, do you mean the

    [1] Russell Brunson continuity that has the customer paying $X/mth for a fixed term?
    [2] Ryan Lee/Tanner Larson nanocontinuity where you drive traffic to a front end offer with a small priced monthly continuity offer on the backend?

    P.S. Thanks for the comment on 30DaystoX’s blog; was torn about selling to idiots (Mike @ D&P unknowingly changed my mind at the last second).

    • Wall Street Playboys says

      Yes. Anything where you get paid a monthly sub fee is going to be lucrative.

      Real money is not with logical people. Real money is with idiots and retards which is exactly why anything popular is going to be full of junk.

      Chicken + egg.

      • YM says

        Its hard to relate to what idiots will buy when you could never see yourself buying something yourself…

  10. says

    A cheat sheet for life. Is this a post to end all posts? Bookmark this shit and remember to read it every so often.

    Wanted to second Markus’ thanks for the comment on 30daystox. The easiest way to sell is to connect with positive emotions. You can do it, believe in yourself, you can make it to a good life, the dream is within reach. If they believe in you, they will believe in your message that things are simple. Then they make a crucial mistake of equating simple with easy. And they keep coming back after they fail.

    • Wall Street Playboys says

      Correct Pete.

      Once they “believe” they keep coming back thinking they are going to “learn” something.

      They are too stupid to realize no one will actually teach you to be rich. They just make you “feel” like you learned something.

      Then give you a big smile and say “you can do it too if you just sign up right here for…”

  11. Quant Wannabe says

    Excellent post! Each new post makes me like this blog more.

    I have never been able to work for 14 hours a day and I was wondering if it’s the nature of my work or if I need to work on my energy. I just finished grad school and so far majority of my work involved research (reading papers, solving problems). The maximum I’ve ever hit in a week was around 50 hours. Is this normal? Or are people getting 80-hour weeks consistently doing mentally exhausting work (like research)?

    • Wall Street Playboys says

      Again. Do not compare yourself. Try to be more productive by 1% each month.

      If you work X hours per week. Just try to increase by 1% next month etc etc.

      Also no, 80 hours for a junior person consists of maybe 50-60 hours of work and 20 hours of downtime. Which is why you should just learn to sling Internet products to the masses.

      When you get out of the lowly junior ranks, your hours drop a lot.

  12. CuriousQuestion says

    Hi WSP,

    You’ve advocated learning to write copy, or sell online (ideally a product). And you say you can’t make money from a blog, and it’s a hobby. So this just leaves me with a few questions:

    1. Why do you write this blog then?
    It doesn’t make sense to me, are you guys actually on WallStreet, I don’t understand how you have time to balance it with – replying to comments etc etc. You’ve stated you don’t want this to go big, but from that picture you posts you are still pumping money into the blog. I don’t see why you’re doing this?

    2. Why the anonymity ?

    3. What is the end game of this blog.
    You’ve literally written enough information for anyone to go through the archives and be pretty much covered? I mean the average high performing 18-25 year old could literally read through everything in 2 weeks, pick out things particular to them and move forward with their lives as most of the stuck is actionable?

    What is your end-game if you are not trying to pull suckers in. Thanks for your work, its just unusual in society where someone helps people with no want for a return. If you do in fact work on Wallstreet , blogging will be chicken change. You could do something far more useful with your time, or even start running seminars etc.

    Thanks in advance, and great great blog. Actionable advice every time.



    • Wall Street Playboys says

      1) yes hobby, yes *we (plural)* work on the street the information on here is literally impossible to fake. Less than 2 hours spent here posts are written in transit. In a word TeamViewer. You can work easily and remote through a thin client from anywhere in the world.

      Not sure what picture you are referring to we have spent less than a few hundred bucks on this blog. It’s literally peanuts

      Finally we *may* write a book but any money made would be a drop in the bucket.

      Correct this blog will never be big, only smart people will be able to tell the content is real. Most people are idiots. It’s a cheap way to prevent regular people from coming back. Again. Regular people suck.

      2) zero interest in fame. Zero interest in making “$100K” or whatever it is, by doing this full time. Being recognized in public by regular people is a nightmare. Nothing against it, just don’t want to do it.

      3) most of our writers got onto Wall Street with no help. Knowing this blog is up we know anyone can get in. *Our motto is no excuses and take risks.* By reading this blog you’re taking a small risk in believing it. As you mentioned all information is actionable. Guess what that means? You can test it and see if we are liars. You’ll see we’re not.

      Note: one of our writers has met Mike Cernovich who is a public entity. You can read his blog.

      If you want a blog with a face and name, his is great. Fortunately he also knows we have no interest in “fame”. Which is really just harassment from regular people. Go through his timeline and you can see how gross regular people are. Regular people have ***no control of their emotions***. If they don’t like something they actually get upset, instead of doing the rational thing… Not reading it.

      Finally, hobbies cost money. Perhaps you play tennis. Are you going to be a pro tennis player? No. Writing a blog improves creativity and selling skills. Don’t expect us to ever turn this full time unless someone gets really bored or retires.

      • CuriousQuestionResponse says

        Thanks a lot I understand. And as you can see from changing my own name and e-mail in the comments – I prefer being anonymous too.

        Truly appreciate it.

        And thanks for taking the time to respond. Don’t get me wrong I was hard-working etc before, but the information you guys have given has literally shaved 5-7 years of potential mistakes, potential what-ifs, potential if only I had known from my life, and I am very sure others. And a big-one – the misconception that you should feel bad if you are not drunk 2-3x a week. Which is in fact – an alcohol problem.

        Hopefully I’ll be able to help others like you guys are too in the future.

        Back to work for me.

        Peace out!

    • Wall Street Playboys says

      Nope. It did decrease the number of dumb comments though.

      It basically wiped out 10% of readers and replaced them with 10% more people who can think. Ie: smart people.

      Hence the comments have gotten much better.

  13. DC says

    Hey WSPs,

    Recently I’ve found myself fairly forgetful, cycling on and off every few months. But I don’t think it’s due to working too hard (at least I don’t think so) – I believe it’s just due to a lack of organization and focusing on too many things to keep track of. That said, how do you guys prioritize your focus while ensuring you do not forget any important tasks?


    • Wall Street Playboys says

      Not specific enough what are you forgetting?

      1) health
      2) money
      3) health and money again
      4) fun/game/entertainment

      When you are financially free… Do whatever you want. Until then you should spend ~80-85% of you time on health and money. All other tasks are a waste of your time.

  14. DC says

    Apologies should have been more clear – I was referring to the article and more specifically the “on switch” paragraph. I guess the better question would be this: how have you guys prevented “forgetfulness” (that is the burnout from too much concentrating?) from affecting anything important either in the work place or at school in the past? Main concern is in the past I have made mistakes in places I probably shouldn’t have.

    • Wall Street Playboys says

      If you are internally motivated, you will consistently go “over the line” which means you pushed your body too hard.

      Here is a rule of thumb if you are in your 20s

      If you did 60 hours of work in a week there is no way you pushed too hard.

      If you did over 85 hours of work in a week then there is a *chance* you pushed too hard.

      Find your balance. It is usually somewhere between 60 and 85. Rest of time is spent goofing off and having fun.

      Finally, remember the difference between forgetting and not giving a f***. If it impacts your life, you forgot something. If it is not an important task and you lose a few coins in the process, move on and ignore it

  15. P says

    I’m currently a senior who landed a FT IBD slot at a BB. However, just like when I was admitted into my Ivy League school, I seem to become too complacent whenever I taste success. My freshman year grades were disastrous because I got into a good college ED and couldn’t muster up the desire to work more. How does one prevent this mistake from happening again? Is it due to a “negative association with money?”

    You wrote a few times about nodding in agreement and deleting contact… but some times the latter is too extreme of a move as you can’t possibly cut contact as soon as someone says something idiotic. In general, how does one become more accepting of others, especially people who are less successful than you but seems very confident they are going on the right path?

    • Recent graduate says

      You had the same problems as I did, though I’m in a different background from you.

      1) you’re most likely a momentum person (guessing), which means to prevent complacency, you need to just get the ball rolling. Do a necessary task that requires the least energy and you should be able to build up momentum to finish the rest of your tasks. [Example: start studying by putting up your textbook on your table. Example 2: write down tomorrow’s task on a paper the night before.] Make these tasks a habit. If you can’t motivate yourself to keep working, that’s a different story. It means you lack self control.

      Nothing is wrong with money, except when you have too much. You get complacent because you know that even if you fail, you’ll still have enough to live for a few months anyways, or you can always go back to your parents. Read Francis Bacon’s “Of Adversity” essay. But having too much is a problem if you work solely for money and you don’t enjoy whatever it is that you do. If you work hard enough at something that you like, the pains will magically convert to pleasure and money is just the side dish.

      2). Instead of asking yourself, “how can this person help me?” Ask “how can I help this person?” If you try to help that person, but he/she reacts negatively, then go ahead and walk away nicely. If the person is receptive to your help, then chances are, they will help you in the future, some way, some day, some how.

      Never judge people by appearance. Half the people who writes books and textbooks are fat, balding, middle age men, so you never know who has the potential to benefit you in the future base on appearance.

      Lastly, always be open to new ideas, no matter how stupid it may initially seem. New ideas are needed to adapt and if you don’t adapt, you won’t succeed.

      • Wall Street Playboys says

        “If you try to help that person, but he/she reacts negatively, then go ahead and walk away nicely”

        Correct, if you try to help and they want to stay average…you go back to our recommendation:

        Smile. Nod. Agree with statement (say it back to them). Delete.

    • Wall Street Playboys says

      1) congrats on the job. If you are not motivated to do well Your first year you will be blown out of the street by year 2. You have 6-9 months to impress and be on the *correct* side politically or else you are done. While we say congrats, becoming an analyst is nothing spectacular to be honest. You should raise your standard of what you think is a success. If $150K a year is success you have an extremely low bar to hop over.

      2) know the difference between a *mistake* and stupidity. If a friend makes a mistake he usually recovers quickly. Why would you want to be tolerant of regular people wasting your time?

      Being tolerant of “normals” is just brainwashing from school where you’re supposed to feel bad for people unwilling to improve their own lives. You will see that literally *anyone* can succeed if they put their head down and do work. This is exactly why we explain that motivation is for losers who need to be motivated.

      Only have contacts you talk to on a day to day basis who are elite. You will become the people you associate with, choose carefully.

      Finally LOL @ being confident when you’ve achieved nothing (comment to your “friend”) this just means he is protecting his ego. When you have not accomplished much but are going to accomplish things in the future you do one thing. Shut up and grind.

      No one who is going to be successful in the future tells people they are going to be successful in the future. Again and again and again, if you are actually good at something people tell *you*. Your “friend” is not good at squat based on your description.

      If you want to associate with people who drag you down… Have fun! He is going to waste your valuable time. It being rude just saving you valuable time, from the limited information.

      As you can see no one can hand hold you through relationships. Evaluate each one and get rid of the guys who can’t keep up. You will thank us later when all of your top 5 friends are rich happy and pleasant to be around.

      • Recent graduate says

        Yep, it’s very hard to change people because everyone is full of biases. I’ve dropped pretty much all of my college friends since most are still convinced that one day I’ll change my mind and persue a regular engineering job at a prestigious firm, just like them. Yet when I meet them almost a year after graduation, they’re still dealing with the same perpetual problems they had in college, like prioritizing, procrastination and nagging girlfriends.

        Don’t cut the cord with anyone, just part ways nicely but don’t waste your time trying to change people. If they want help, they’ll seek help. If they don’t want help, don’t go out of your way to help them. Like WSPB suggest, they just want to “talk it out” to ease the pain instead of fixing the problem.

      • Wall Street Playboys says

        Ha you’re much nicer than us. You’ll get burned by doing that eventually. Usually happens a few years after college.

        If someone wastes your time “talking about their problems” there is no reason to keep these characters around.

        Just cut the cord.

        You only have 24 hours in a day. You should spend ZERO working hours with people who are unwilling to fix their lives. Your *time* should be more valuable than this. You will be *much* better off searching for more people willing to fix their lives.

        Again, if someone is unwilling to change they are a waste of *your* time. There is no reason *not* to cut the cord.

        You are wasting your own time with these people. They will eventually hurt your overall life. Been there. Done that already.

  16. P says

    Just woke up and checked the comments first thing in the morning. Will read it several times to make it sink in. Thank you both.

  17. CuriousQuestionResponse says

    Finally WSP if you are able to give advise. I am having problems, I have an older brother who is a Software Engineer.

    I am much younger but he doesn’t like the fact that I am pursuing IB and improving at such a rapid rate. I don’t get it because he’s older than me, in fantastic, shape, and intelligent etc. etc.

    He is super super competitive and harresses me all the time.

    How do you deal with bizarre and intense sibling rivalry of this nature. Because I’ve been ignoring him it’s become far far more intense.

    Should I just continue to ignore until he grows up? And what if he never grows up and then I eventually get my own job in IB and eventually a business.

    Any thoughts would be appreciated. Even a blog post on dealing with overly competitive family members or co-workers as you are on the *rise*.

    Thank you again and appreciated always.

    • Wall Street Playboys says

      Make your own decision and move on.

      We have given many guidelines on how to tell if someone is toxic or not. If someone is dragging you down, family or not does not matter, ditch them and move on.

      Overall your comment does not make much sense. If your brother is successful and well off why do you live together and why is he wasting his time harassing his brother.

      Sounds like a waste of life.

  18. v says

    This hit me:

    To reiterate. Game versus money debates are stupid. Get both. From experience, getting money is significantly harder than getting women so we suggest more effort on money in your 20s. If you don’t believe that money is harder to obtain than women, you likely have a personality disorder (asperger syndrome).

    I thought earning money was of similar difficulty at getting good at game (2-3 years 2-3 nights a week and you’ll be golden).

    In fact it’s much harder.

    • Wall Street Playboys says

      Correct. Unlike women, it is much harder to get money when you get older.

      Ie: as you get into your 30s women find you more attractive, but if you are already in your 30s and have no money… It’s a long hard road to anything meaningful.

      Meaningful = $250K+.

      If you focused on money in your 20s you have your 30s to learn game. Will be complete in less than 1-2 years since you will have more free time… Because you have money!

      • Anonymous says

        I think it’s more important to learn *how* to make the money.

        You see people go from broke to millions all the time…after they’ve done it once and know how to do it.

      • Wall Street Playboys says


        1) find pain point
        2) solve it
        3) market the product like crazy with *emotion*

        Part 3 is where most smart people fail. They sell with logic instead of emotion. Which never works. People are driven by emotion. This is also why they are always broke.

        Also LOL @ everyone using our *xyz* formatting now. Glad it is catching on!

      • Anonymous says

        What’s harder.

        Selling to idiots?

        Or competing against some of the smartest people alive in the market?

        (Your opinion). Since you have experience doing both.

  19. Jason says

    Question…when you invest monthly on the s&p 500 index fund or etf what’s the correct thing to do with dividends reinvest it or cash out?

  20. Art21 says

    Hi guys, great post, as always.
    I have a question regarding point No.1, Financial success.
    Let’s take a guy in his 20s, who’s studying Finance and working in sales. You think it is more important to achieve good grades at University or getting the working experience in sales?
    In the long term, what of these alternatives will give the best yield?
    I know that achieving both would be the best, but it is not always possible.

    • Wall Street Playboys says

      You are lazy.

      Getting a 3.5+ GPA takes less than a few hours a week. Know this for a fact.

      Only study the classes that matter. For all your general education items just regurgitate the BS you’re told back to them so they give you an A and move on.

  21. LaSaga says

    Pardon me for the “average-person” question but before finding you guys I never heard 100k/year is a joke.

    You mentioned how 250k/year is real income but why is that? I am thinking this is a lot of money. How do you spend money that is more than 3x the average person? I know you guys don’t spend lavishly but still wondering your reasoning behind 250k as “I made it” number.

  22. analyst says

    Do you have any tips for an extremely busy IB analyst to manage his tasks?

    Seems whenever I write my todos on a notebook, I just turn the page for more notes, etc…

    What is an effective way to manage many, many tasks in your experience (obviously prioritizing live deals/MD’s/etc), especially when everyone wants them at almost the same time.

  23. says

    If you have a fuckbuddy, how many times a week do you go out? Is it still twice or do you allocate one of the days to them? I’m curious whether you maintain them for the extended sexual ROI or prefer to get fresh lays always for the novelty/game honing.

    Great post, the quality of your recent articles has been astonishing.

    • Wall Street Playboys says

      Well you should at minimum go out at least 1x a week or bare minimum every 2 weeks.

      Beyond that it’s up to you, where are you weakest? Fix that balance.

      That’s the goal.

      $1M a year in income + no girls, no hobbies, fat… Is not good.

      50 girls a year, $100K year, mediocre shape…

      Is just as bad.

      Find your balance!

  24. which says

    “is a lot of work up front and you won’t be able to do this yourself while juggling a career. If you can? Even better. You’ll get rich even faster.”

    As a clarification point – this was solely in reference to micro-continuity, not traffic arb which you can do WHILE holding a career in freetime?

    • Wall Street Playboys says

      Yes. Micro-continuity is where the real money is and you need a team. Will be extremely hard to do this alone *and* have a career. Near impossible to pull off if you want to be realistic about it.

      You *need* a team if you want to keep your career.

  25. Time says

    As an analyst working 60-90 hour weeks (think 23-25 yr old range), (as you know, weeks vary), and still keeping up a gym regimen, some points of anxiety have popped up.

    I want to make a lot more money on the side to build up a cash base and begin to DCA. The way I want to do this is aff marketing, and have found mentor/legitimate resources to “learn the ropes”.

    Problem is, maintaining a ~5 day a week gym regimen, with an entry level IB job, and trying to maintain/build game Thursdays/Saturdays, doesn’t leave much time to do this.

    I guess the point of anxiety is that I don’t want to get fat, and I don’t want to become an anti-social loser, but making more money is my number 1 priority and this is holding me back from doing so.

    In this position, would you cut down gym to 3 days a week, and use the other 2 days to get up early/burn the midnight oil on aff marketing? Have any of you dealt with this? Seems like it goes hand in hand with living a balance life.

    Thank in advance.

    • Wall Street Playboys says

      Sure the point of the post is to try and recognize when your social skills, personality or health is suffering. Sometimes you can only workout 3 days a week. Just try to keep a balance my man!

  26. broke says

    When you’re “broke” as an IB Analyst in NYC that hasn’t gotten bonus yet, trying to save money (only so that can spend on more important rev gen things) so that you can *spend* money on traffic, business, etc.

    How much do you consider a reasonable “going out” amount to spend on a Thursday/Friday? $100/night 2 days/week, every week does not seem sustainable at this point in career..

    • Wall Street Playboys says

      As long as you are saving 80% of your bonus (minimum) then spend as much as you like.

      Thursday/saturday is best, friday is horrendous.

      Try to shop at grocery stores, try to do some chores to bring down your other costs. Good luck!

      Also your online ventures should be profitable in 12 months. Then it’s cake.

      • broke says

        Thank you for very quick reply and this is what I plan to do with bonus.

        I was referring to before receiving any bonus at all in the serious grind period… (1st year)

      • Wall Street Playboys says

        Year one you usually save next to nothing (base). Just don’t go negative.

        Maybe go out 6x a month instead of 8x. Not a big deal. Do what works for you but the guidelines here are pretty good

      • broke says

        Thanks for further clarified replies!

        Gotta stay on that grind to make the online ventures (IM) profitable!

      • Wall Street Playboys says

        No problem. Once you get ~$30K cash flow it becomes much much much easier.

        It covers all your social expenses, miscellaneous expenses and your basic lunch costs.

        Keep at it!

  27. Scientist/Finance says

    I’m currently in the middle office of a BB. Took CFA 1 in December and will take 2 in June (2015). (Graduated summer 14).

    My desire is to take science research ideas which could be turned into profitable products/businesses if the research was funded. I am currently doing this with my own idea, creating a pitch book etc, I have industry partners/professors backing the science behind the idea. (My undergrad was science).

    If my first idea fails (took around 300 hours to research) should I just relentlessly keep building pitch books for subsequent ideas or try to move into front office > venture capital within my area of interest? (Based on any insight on the relative success/payoff of both you may have).

    Open to the idea of trying both methods, after cfa is over I will have 40 free hours a week.

    Finally thanks for the blog, great stuff here.

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