We are updating the total Investment Banking compensation numbers for 2019. Excluded from this overview is investment banking analysts as the variability has not moved much. Simply put an investment banking analyst should make $165, $190K, and $215K in years one, two and three (plus or minus $5K depending on how good or bad the […]
Closed Q&A
As you progress through life you’re going to value cash flow as you can’t really spend the money that is locked up in Angel Investments and other high risk ventures (such as private equity deals). This is probably one of the biggest mistakes we made, locking up too much money for longer periods of time […]
Happy Thanksgiving everyone! What a great year it has been. You know it has been a good year when the beginning of the year feels like it was 5-10 years ago. It feels like the things we were doing in January were occurring in a different generation. This is a good sign of progress and […]
We were hesitant on creating a book on this topic but decided to do so (popular demand). The funny thing about this book is that we can’t think of many products like it. If you’re rich it is actually quite easy to go broke (look at *most* professional athletes and lottery winners – emphasis on […]
We usually do not bother with answering questions we don’t know. In a rare exception we’ll go ahead and try because we receive the question at least 5-10 times every Q&A and are forced to delete them. As a point of emphasis all of this is opinion as we have never been forced to hit […]
This will be a mixed post but good timing. Some of the questions we are getting continue to have some of the same answers so in the next Q&A we’ll (try) to remember to link to this article. Also, it has been fun to see that the economy is doing so well that no one […]
Closed.
What a crazy time to be alive, we’re seeing interest rates go down, unemployment levels drop dramatically and the top 10% of earners are actually seeing wage *compression*. That last part is quite shocking as it implies a bigger shift to “two economies” predicted quite a while ago on this blog. Either way we’re sticking […]
The only way to get anywhere in life is by taking things to the extreme. For some reason the average person believes they can have a “balance” at all times and somehow make it. This simply isn’t true. When you look at successful people, they have all lived “extreme lives” by definition. How can you […]