The Wall Street Skinny

Resume writing doesn't have to be daunting! Discover essential tips for crafting a standout finance resume that resonates with recruiters. Learn to weave your personal narrative effectively while avoiding common pitfalls. Understand the true review process at banks and optimize your skills with productivity tools. The importance of authenticity, soft skills, and even licensing exams for entry-level jobs are discussed, along with lighthearted anecdotes that make the journey to job readiness enjoyable.

In a dive into the intense world of finance, the hosts tackle the alarming pressures leading to tragic outcomes for young bankers. They discuss Mars' staggering $35.9 billion acquisition of Kellanova and its industry implications. The conversation shifts to generational changes in work expectations and introduces a productivity tool, Macabacus, designed for the finance sector. Finally, they dissect the potential breakup of Google due to monopolistic practices, drawing parallels with Microsoft's past legal battles.

Send us a textToday is a masterclass in networking, reputation management, and personal brand building from one of the most successful, highly sought-after minds in the business: Jen Prosek, the founder and CEO of Prosek Partners.The daughter of immigrants, Jen shares her inspiring story about becoming a go-to consigliere for the male-dominated industry of hedge funds, private equity firms, and investment banks as a female English major without a preexisting network of her own.  Jen outlines steps for building your personal brand, explains how to network throughout all stages of your career (from college student to CEO), and advises on how to handle the inevitable "stubbed toe" from a reputational standpoint.  She also teaches us how to build an entrepreneurial mindset, a subject on which she has written two books (linked below).  And finally, Jen answers the age-old question: is all press good press? Whether you are prepping for fall recruiting season, looking to level up in your career, or seeking to understand the "emerging market frontier of marketing" that's taking place in the private capital and alternative investment space, this episode is a MUST LISTEN.Subscribe to Jen's LinkedIn newsletter here:  https://www.linkedin.com/newsletters/leading-in-volatile-times-6714926252211376128/Check out Jen's books on entrepreneurship here:  https://a.co/d/fMVA6Gk and here: https://a.co/d/dJ9RLVFLearn more about Prosek Partners here:  https://www.prosek.comFor a 14 day FREE Trial of Macabacus, click HERE For 20% off Deleteme, use the code TWSS or click the link HERE!  Our Investment Banking and Private Equity Foundations course is LIVEnow with our M&A course included! Shop our LIBRARY of Self Paced Online Courses HEREJoin the Fixed Income Sales and Trading waitlist HERE Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.

In a lively discussion, the hosts unpack the whirlwind of market volatility and recession signals impacting investor sentiment. They delve into a dramatic failed IPO and explore the unique challenges of raising capital in uncertain times. The fascinating tale of a former ballerina turned farmer highlights the reality behind social media glamour, emphasizing authenticity in parenting and farming. Plus, they share their hilarious pizza-making adventures, showcasing the joys and mishaps of homemade cooking amidst a busy family life.

Send us a textWe had the incredible opportunity to sit down with Kat Sosnick, a woman whose impressive career spans three decades running portfolios of up to a billion dollars at some of the world’s most legendary Equity Long/Short Hedge Funds, including Tiger Management, Pequot, and Perry Capital.  Kat is a specialist in the consumer retail space, and shares stories with us of how she applied her passion for investigative journalism to doing “grassroots” analysis at the core of her investment theses.  Kat gave us the scoop on how she decided to invest in winners like Costco and Amazon, how she earned the nickname "The Grim Reaper" for her fearless shorts of other companies, how she beat stage four cancer and navigated motherhood in one of the most secretive and notoriously male dominated segments of high finance, and how she combats imposter syndrome in her current coaching business.  She tells us how she had to stop watching "Billions" because it hit too close to home!Whether you are considering a career as an investor or simply want the inside scoop on some of the most prominent hedge funds of all time, you'll want to listen to Kat's invaluable advice gleaned from decades of personal experience.*Correction: the Investment Banker mentioned in the context of the Jeff Bezos meeting was at Deutsche Bank, not Morgan Stanley.Follow Kat on LinkedIn at https://www.linkedin.com/in/katsosnick?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_appand check out Greene Street Coaching here:https://greenestreetcoaching.com/For a 14 day FREE Trial of Macabacus, click HERE For 20% off Deleteme, use the code TWSS or click the link HERE!  Our Investment Banking and Private Equity Foundations course is LIVEnow with our M&A course included! Shop our LIBRARY of Self Paced Online Courses HEREJoin the Fixed Income Sales and Trading waitlist HERE Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.

In this engaging discussion, David Semenza, Co-Founder of Islander Capital Partners and seasoned portfolio manager, dives into the world of Long/Short equity hedge funds. He explains how these funds differ from others and emphasizes the critical role of leverage. With insights from his journey from private to public equity, David shares strategies for success in the tech, media, and telecom sectors, highlights the importance of primary research, and discusses the intricacies of short selling while managing CEO relationships. A must-listen for aspiring investors!

Send us a textThe Skinny On...1. Will Private Equity Take Down the Global Economy. We discuss the FT article from Wednesday, 7/24/24 titled "How private equity tangled banks in a web of debt | Complex layers of leverage could pose a threat to the global economy". Read it here:https://ig.ft.com/private-equity/2. Equity Markets Down and Factor Rotation3. What we wish we knew before starting on Wall Street4. Drama between Rupert Murdoch and his kids SuccessionFor a 14 day FREE Trial of Macabacus, click HERE For 20% off Deleteme, use the code TWSS or click the link HERE!  Our Investment Banking and Private Equity Foundations course is LIVEnow with our M&A course included! Shop our LIBRARY of Self Paced Online Courses HEREJoin the Fixed Income Sales and Trading waitlist HERE Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Join Keri Findley, CEO of Tacora Capital, as she discusses Securitized Products, private credit investing, career transitions, and personal challenges in finance. Explore the evolution of structured credit, starting a firm in private credit, prenups in carry agreements, and recruitment criteria in finance. Delve into blending finance skills with entrepreneurship, emphasizing hard work, ethics, and integrity in business.

Send us a textIn today's episode, we discuss Citadel's potential white label offering of their Equities trading operations to investment banks --- discussed in this article as something to fill the gap of banks pulling back from Equities Sales & Trading:  https://www.bloomberg.com/news/articles/2024-07-11/citadel-securities-crafts-plan-to-shake-up-banks-trading-desksWe also discuss the theoretical possibility that something similar might emerge in the Fixed Income space as well as capital requirements remain a challenge for banks.  We know banks are continually thinking about how to strategically allocate balance sheet in light of a previous article discussing how they've already established a pattern of outsourcing balance sheet to the Private Equity & Private Credit realm.  For a 14 day FREE Trial of Macabacus, click HERE For 20% off Deleteme, use the code TWSS or click the link HERE! Our Investment Banking and Private Equity Foundations course is LIVEnow with our M&A course included! Shop our LIBRARY of Self Paced Online Courses HEREJoin the Fixed Income Sales and Trading waitlist HERE Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Send us a textFinancial fraud is something we hear about ALL the time.  It feels like there's a new headline about losses stemming from a hack at a financial institution constantly, and we've all seen shows like The Tinder Swindler where scams of individual consumers can have huge consequences.  The problem with most fraud prevention?  It's backward-looking.  By the time you solve one problem, criminals have found a new way to steal your money.  We sat down with Greenway Solutions, a firm working to revolutionize the space not only for financial institutions, but also for their customers, via the use of "red teams".  These red teams can at times sound like complex spy operations --- yet at other times are deceptively simple in their approach.  We talk about the (terrifying!) magnitude of the financial fraud landscape, how it is changing in the face of AI and deepfakes, and some of the most surprising ways that fraudsters are staying ahead of conventional security measures.  To learn more about Greenway Solutions, please visit their website here:  https://greenway-solutions.comTo connect with our podcast guests, you can find them on LinkedIn here:https://www.linkedin.com/in/jerrytylman/https://www.linkedin.com/in/pjs1969/https://www.linkedin.com/in/katie-tylman-96b64720b/For a 14 day FREE Trial of Macabacus, click HERE For 20% off Deleteme, use the code TWSS or click the link HERE!  Our Investment Banking and Private Equity Foundations course is LIVEnow with our M&A course included! Shop our LIBRARY of Self Paced Online Courses HEREJoin the Fixed Income Sales and Trading waitlist HERE Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.