CIBC Ibankers

storko – good question. I have no idea why some guys take that chance. In Dallas, most girls don’t even know what an investment banker is; in New York, everyone’s an investment banker so the girls don’t care anyway. juventurd – normally it’d probably be me, but I’m still focused on trying to win over the dermatology chick. At least she didn’t go home with that other guy, though.

You’re too nice with people Numi - Andrew would have tasted some of my underclass behavior

lol…

numi Wrote: ------------------------------------------------------- >Usually they can be spotted wearing polos that are two > sizes too small, shirts that have unattractive > printed graphics on them, and copious amounts of > hair gel. They’re also the type of guys who are > most likely to tap you on the shoulder if you’re > standing in their way inside the lounge, never > minding the fact that there may be at least five > feet of walking space to either side of you. did we ever meet?

I thought I was the only one who had observed this disturbing phenomenon. My cousin who is a branch manager in his late 20s thinks he’s the sh!t. He is also the biggest TOOL in the land. I simply can’t believe how proud he and his crew are of their “banker” lifestyle. He tells every single person he meets within 2 minutes that he’s a branch manager and he even has scripted like 273746726456476 ways to work it into a conversation. I remember one time where he overheard me talking to somebody about the CFA. Of course he had to chime in: “CFA, huh? Yeah, I thought about doin’ that before. But why would I spend three years of my life doing that? Besides, who wants to be an analyst anyway??? I honestly think that being an analyst is boring!” I guess that his daily routine of haggling over service charges with customers satisfies his innate thirst for excitement.

Good story Numi! I’ve got a quick story too, although it happened to a friend… So my friend is at the bar and some tanned, spiked-hair guy wearing a suit approaches her and begins to recite his pick up line(s). Curiously, she asks him why he’s wearing a suit and what he does for work. He replies, “I’m an investment banker in oil and gas and I’m wearing the suit because I just got off work.” She asks him what an investment banker is exactly (this is in Calgary) and of course he erroneously replies with, “I look at oil and gas stocks and trade them for people who are wealthy.” She naively accepts this description–she doesn’t know any better–and eventually tells him that she has a boyfriend to get him to leave her alone. Well, about a week later she was at a mall downtown and was walking by a budget men’s suit store (Grafton & Co.) when she caught a glimpse of someone inside she thought she recognized. Who was it? You guessed it, the d-bag in question… and he’s behind the counter working as a cashier. Being the extroverted person she is, she walks inside to greet him and to embarrass him. He notices her and quickly turns bright red. “I thought you said you were an investment banker?” “I am… uh also I work here part-time” “I thought investment bankers make good money?” “Yeah actually… I kind of lied about being a banker” Laughter ensued, feelings were hurt. http://www.scarboroughtowncentre.com/st_images/grafton&co.jpg

the underlying assumption in this thread is that people in general not just girls dig ibankers (and/or their $$ - irrelevant in such times i suppose) but what happens if this isn’t the case… i know of some people (hot lawyer chicks) who steer clear of ibankers!

TheAliMan – LOL! Awesome story. I guess it goes to show that there are douchebags everywhere. I feel bad for the women who fall for their tricks, but hopefully the majority of them have the presence of mind to sniff out the posers. Did your girl friend think the guy was faking it from the start, or was she just not interested in him anyway? parsons – the phenomenon you refer to is really quite sad, and at the same time, it’s amazing how many of those types of people (retail bankers, tellers, etc.) act like they’re big ballers. I don’t know if it’s some type of defense mechanism, but the behavior is really weird. I do want to be clear in that I don’t think anyone should be arrogant no matter how much (or how little) money they make, but it sure seems weird that there’s a type of “reverse condescension” between your branch manager buddy and people who are trying to pursue the CFA. Speaking of which, in another curious encounter with a retail banker (an acquaintance of a friend that I met at a friend’s party), I experienced a situation similar to the one you described. He knows I work in PE, and proceeds to ask me questions about my job while we’re just hanging out at this bar and it went a little something like this: — Random guy: “So, what’s your job title and what do you do every day?” Numi: “Well, it’s a pretty typical pre-MBA role…without getting into too many details, I help my deal team through the process of analyzing investments and buying companies. It involves a fair amount of financial modeling, research, and just analyzing whether a particular company is a good investment opportunity.” Random guy: “OK, well, for what it’s worth, I think analysis is a waste of time.” Numi: “Um…okay, I guess we’ll just have to agree to disagree then. But that’s cool, I don’t really like to talk shop when I’m out of the office anyway.” Random guy: “No, you’re not listening. Let me explain. I think anyone that’s worth their salt in investing should have the intuition to know whether or not they’re making a good investment.” (Numi, to self: “Is this guy really serious?”) Numi: “Oh, is that way they teach you at work?” Random guy: “Pretty much, man. People that are good at what they do and who are the real rainmakers, we don’t need to spend hours doing analysis. We just know a good buy when we see one and we pull the trigger.” Numi: “So what you’re basically saying is that if people followed your investment philosophy, they could buy a company without even looking at their financial statements or analyzing their business, and decide whether to buy it. That’d be sort of like buying a house sight-unseen or playing slots at a casino, both of which you think are great investments, is that right? I mean, it’s cool if that’s your style…I don’t judge…” Random guy: “Whatever, all I’m saying is that real rainmakers don’t need to analyze stuff. They just know.” Numi: “OK…remind me, who are you again?” ---- I think I’m going to need a change of venue soon. I feel like I’ve been running into too many bad comedians…

Amazing! These are too good! Keep them coming… actually on second thought maybe not so much, I’m getting distracted when I’m supposed to be studying :wink: I think my friend mentioned that the guy’s douchieness led her to be a little suspicious after a while, but she was still mislead. One thing is for sure, the ubiquity of douchebaggery cannot be underestimated. Now that finance is starting to have lackluster appeal, what new profession will these guys patronize now? Law?

numi Wrote: ------------------------------------------------------- > TheAliMan – LOL! Awesome story. I guess it goes > to show that there are douchebags everywhere. I > feel bad for the women who fall for their tricks, > but hopefully the majority of them have the > presence of mind to sniff out the posers. Did your > girl friend think the guy was faking it from the > start, or was she just not interested in him > anyway? > > parsons – the phenomenon you refer to is really > quite sad, and at the same time, it’s amazing how > many of those types of people (retail bankers, > tellers, etc.) act like they’re big ballers. I > don’t know if it’s some type of defense mechanism, > but the behavior is really weird. I do want to be > clear in that I don’t think anyone should be > arrogant no matter how much (or how little) money > they make, but it sure seems weird that there’s a > type of “reverse condescension” between your > branch manager buddy and people who are trying to > pursue the CFA. > > Speaking of which, in another curious encounter > with a retail banker (an acquaintance of a friend > that I met at a friend’s party), I experienced a > situation similar to the one you described. He > knows I work in PE, and proceeds to ask me > questions about my job while we’re just hanging > out at this bar and it went a little something > like this: > — > Random guy: “So, what’s your job title and what do > you do every day?” > > Numi: “Well, it’s a pretty typical pre-MBA > role…without getting into too many details, I > help my deal team through the process of analyzing > investments and buying companies. It involves a > fair amount of financial modeling, research, and > just analyzing whether a particular company is a > good investment opportunity.” > > Random guy: “OK, well, for what it’s worth, I > think analysis is a waste of time.” > > Numi: “Um…okay, I guess we’ll just have to agree > to disagree then. But that’s cool, I don’t really > like to talk shop when I’m out of the office > anyway.” > > Random guy: “No, you’re not listening. Let me > explain. I think anyone that’s worth their salt in > investing should have the intuition to know > whether or not they’re making a good investment.” > > (Numi, to self: “Is this guy really serious?”) > Numi: “Oh, is that way they teach you at work?” > > Random guy: “Pretty much, man. People that are > good at what they do and who are the real > rainmakers, we don’t need to spend hours doing > analysis. We just know a good buy when we see one > and we pull the trigger.” > > Numi: “So what you’re basically saying is that if > people followed your investment philosophy, they > could buy a company without even looking at their > financial statements or analyzing their business, > and decide whether to buy it. That’d be sort of > like buying a house sight-unseen or playing slots > at a casino, both of which you think are great > investments, is that right? I mean, it’s cool if > that’s your style…I don’t judge…” > > Random guy: “Whatever, all I’m saying is that real > rainmakers don’t need to analyze stuff. They just > know.” > > Numi: “OK…remind me, who are you again?” > ---- > > I think I’m going to need a change of venue soon. > I feel like I’ve been running into too many bad > comedians… man thats horrible, donnt change venue change where/and who you hang out with. i know tradesmen with more sense then that, alot of my tatted out biker/tradesmen friends analyse their investments more then that. They even ask me how to interpret financial statements, i got my old ben graham, james dodd out on circulation to many of my highschool friends.

Dude, tell me more about Caroline.

“ahhh, canada” …home of the World’s most solvent banks. Willy

parsons Wrote: ------------------------------------------------------- > I thought I was the only one who had observed this > disturbing phenomenon. > > My cousin who is a branch manager in his late 20s > thinks he’s the sh!t. He is also the biggest TOOL > in the land. I simply can’t believe how proud he > and his crew are of their “banker” lifestyle. He > tells every single person he meets within 2 > minutes that he’s a branch manager and he even has > scripted like 273746726456476 ways to work it into > a conversation. > > I remember one time where he overheard me talking > to somebody about the CFA. Of course he had to > chime in: “CFA, huh? Yeah, I thought about doin’ > that before. But why would I spend three years of > my life doing that? Besides, who wants to be an > analyst anyway??? I honestly think that being an > analyst is boring!” > > I guess that his daily routine of haggling over > service charges with customers satisfies his > innate thirst for excitement. I know a few “Bankers” too …and I think most of them dont really know what Ibanking really is …I have definitely heard the " I honestly think that being an analyst is boring!” line a few time before as well . I once had a conersation with a branch banker about how they "manage risk " and "provide liquidity " for thier clients by …laddering term deposits …

And you guys dont think IBers have the same attitude?

sure they do but atleast they don’t claim to be what they are not …

>>I feel bad for the women who fall for their tricks, Numi, speak for yourself, but I’m not gonna feel bad for a lady who goes home with some dude based on her belief that he has money. She’s got what’s coming to her.

AliMan - fantastic story; I’m gonna swing by TD square this PM and look for a spiky-haired cashier (haven’t been in there for a while so I can’t picture him). I once did the opposite w/ a co-worker - we were at the bar (Melrose, FYI) and a couple of girls asked what we did; without missing a beat, my buddy says we’re in from NY, working w/ Calvin Klein. Luckily we were both on fire that night so we had a pretty detailed story about CK’s expansion in Calgary and they bought it all. Good times.

numi Wrote: ------------------------------------------------------- > TheAliMan – LOL! Awesome story. I guess it goes > to show that there are douchebags everywhere. I > feel bad for the women who fall for their tricks, > but hopefully the majority of them have the > presence of mind to sniff out the posers. Did your > girl friend think the guy was faking it from the > start, or was she just not interested in him > anyway? > > parsons – the phenomenon you refer to is really > quite sad, and at the same time, it’s amazing how > many of those types of people (retail bankers, > tellers, etc.) act like they’re big ballers. I > don’t know if it’s some type of defense mechanism, > but the behavior is really weird. I do want to be > clear in that I don’t think anyone should be > arrogant no matter how much (or how little) money > they make, but it sure seems weird that there’s a > type of “reverse condescension” between your > branch manager buddy and people who are trying to > pursue the CFA. > > Speaking of which, in another curious encounter > with a retail banker (an acquaintance of a friend > that I met at a friend’s party), I experienced a > situation similar to the one you described. He > knows I work in PE, and proceeds to ask me > questions about my job while we’re just hanging > out at this bar and it went a little something > like this: > — > Random guy: “So, what’s your job title and what do > you do every day?” > > Numi: “Well, it’s a pretty typical pre-MBA > role…without getting into too many details, I > help my deal team through the process of analyzing > investments and buying companies. It involves a > fair amount of financial modeling, research, and > just analyzing whether a particular company is a > good investment opportunity.” > > Random guy: “OK, well, for what it’s worth, I > think analysis is a waste of time.” > > Numi: “Um…okay, I guess we’ll just have to agree > to disagree then. But that’s cool, I don’t really > like to talk shop when I’m out of the office > anyway.” > > Random guy: “No, you’re not listening. Let me > explain. I think anyone that’s worth their salt in > investing should have the intuition to know > whether or not they’re making a good investment.” > > (Numi, to self: “Is this guy really serious?”) > Numi: “Oh, is that way they teach you at work?” > > Random guy: “Pretty much, man. People that are > good at what they do and who are the real > rainmakers, we don’t need to spend hours doing > analysis. We just know a good buy when we see one > and we pull the trigger.” > > Numi: “So what you’re basically saying is that if > people followed your investment philosophy, they > could buy a company without even looking at their > financial statements or analyzing their business, > and decide whether to buy it. That’d be sort of > like buying a house sight-unseen or playing slots > at a casino, both of which you think are great > investments, is that right? I mean, it’s cool if > that’s your style…I don’t judge…” > > Random guy: “Whatever, all I’m saying is that real > rainmakers don’t need to analyze stuff. They just > know.” > > Numi: “OK…remind me, who are you again?” > ---- > > I think I’m going to need a change of venue soon. > I feel like I’ve been running into too many bad > comedians… Numi has nailed the Dallas ouevre so well, its crazy.

ah TD … Melrose … I miss Calgary.

Bah In Montreal, picking up is so easy, the girls tell you they’re bankers