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My Investment Banking Job Nearly Destroyed Me
  + stars: | 2024-04-29 | by ( Christine Ji | ) www.businessinsider.com   time to read: +9 min
I hadn't expected to be lying on the office floor thinking that I needed to quit my investment banking job — yet there I was. The allure of an investment banking job is seductive. Being an investment banking analyst was much sexier in theory than practiceI knew banking would be intense from the internship, but nothing could've prepared me for just how intense the full-time role was. There's very little advice out there on how to quit your investment banking job. I can't say I loved investment banking to that degree, so I walked away.
Persons: could've, nauseous, there'd, Ji Organizations: Business, Ivy League, Wall
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . We've been married for 40 years, and I've never known a man with a stronger work ethic than my husband. AdvertisementIn July, my husband turns 68 and is still uncertain about leaving his ground maintenance job at an upscale condo. While most boomers are thrilled to leave the rat race and rack up their flying miles, my husband is terrified of leaving his beloved job. AdvertisementI'm ready for a more flexible lifestyleDeprogramming someone conditioned to work full-time was more difficult than I'd anticipated.
Persons: , We've, I've, He's, he'll, he's, We're, he'd, I'm, we're Organizations: Service
The property, situated in Brentwood, was designed by Craig Ellwood and is known as the "Zimmerman House." Craig Ellwood, Zimmerman House (Los Angeles, Calif.), 1953. The Zimmerman HouseLiving room of the Zimmerman House designed by Craig Ellwood (Los Angeles, Calif.), 1953. Getty Research Institute, Los Angeles (2004.R.10)The Zimmerman House was a 2,770-square-foot home named after its first owners, Martin and Eva Zimmerman. The Eichler Network, a website focusing on midcentury modern homes in California, has shared photos of what appears to be the leveled Zimmerman House.
Persons: , Chris Pratt, Katherine Schwarzenegger, Craig Ellwood, Zimmerman, Pratt, Schwarzenegger, Robb, Ellwood's, Erin Ellwood, that's, Julius Schulman, J, Paul Getty, Maria Shriver, Ken Ungar, Ellwood, Martin, Eva Zimmerman, Garrett Eckbo, could've Organizations: Service, Business, Los Angeles Times, Paul Getty Trust, Getty Research Institute, Los, Hollywood, Eichler Network Locations: Los Angeles, Brentwood, Calif, California
Shares of popular athleisure brand Lululemon have plummeted this year, trailing the S & P 500 significantly. Its shares, which were included in the Wall Street index just last October, are down around 28% year-to-date. Dwyer also pointed out that Lululemon is unlikely to be exposed to any geopolitical risks surrounding China. "Millennials represent around a third to 40% in China and then Gen Z are a much bigger share of the demographic - they are fans of this brand," Dwyer. According to FactSet, Lululemon has a buy rating of 69% and analysts covering the stock give it 28.1% potential upside from the average price target.
Persons: Jack Dwyer, Dwyer, FactSet, Lululemon Organizations: Infusive Asset Management, CNBC, Consumer Alpha Global, Fund, Netflix, PepsiCo Locations: China, , LVMH
Self-pardoning wasn't on the table at Thursday's Supreme Court hearing. The Supreme Court has never ruled on whether such a move would be permissible. The purpose of the hearing was for the Supreme Court to hear arguments over whether Trump should be immune from criminal prosecution for his conduct as president. He told Michael Dreeben, the lawyer representing Smith's team, that the question might be crucial as the Supreme Court deliberates the scope of presidential immunity. In order to obtain a pardon, he would have to be convicted and serve at least five years of a sentence.
Persons: Alito, , Donald Trump, could've, Trump, — Samuel Alito, Neil Gorsuch —, Jack Smith's, Smith, Gorsuch, he'll, We've, it's, Michael Dreeben, haven't, Gerald Ford, Richard Nixon, Dreeben, Joe Biden, Stormy Daniels Organizations: Thursday's, Trump, Service, NBC, Mar, DC Circuit, Justice Department's, Justice Department Locations: New York, Manhattan, Georgia
That's certainly true of her latest album, "The Tortured Poets Department," which arrived last Friday to mixed reviews. New Taylor Swift music is bound to spark widespread debate, but the conversation swelled when she surprise-released "The Tortured Poets Department: The Anthology," a deluxe edition with 15 extra songs. Indeed, most of these deluxe tracks succeed as self-contained stories, recalling the mythic peaks of "Folklore" and "Evermore." Then again, more songs equals more streams, and "The Tortured Poets Department" is on target to become one of the most-played albums of the streaming era. AdvertisementFinal Grade: 9.3/10"The Tortured Poets Department: The Anthology" was released on April 19, 2024.
Persons: , Taylor Swift, I'm, Swift, I've, Swift's, aIMee, Cassandra, Peter, Wendy, shouldn't, It's, Beth Garrabrant Worth, Chloe, Sam, Sophia, Marcus, Robin Organizations: Service, Poets Department, Business, Department, Press Locations: Cardigan
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIsrael-Iran conflict: Israel strike 'not the most' escalatory path it could've taken, analyst saysRob Casey, partner and senior analyst at Signum Global Advisors, says "the ball is back in Iran's court."
Persons: Rob Casey Organizations: Israel, Signum Global Advisors Locations: Iran, Israel, Iran's
Taylor Swift released "The Tortured Poets Department: The Anthology" on Friday. AdvertisementTaylor Swift's album release days should be days of celebration. "In the past 3 hours she has released more songs than Lorde has in the past decade," one listener observed on X. Indeed, "The Tortured Poets Department" is Swift's eighth album (including rerecords) in less than four years. Of course, Swift is far from the only artist who's released a bloated project, and these days, the streaming era is largely to blame.
Persons: Taylor Swift, Swift, it's, , Taylor, I'd, Lorde, That's, Clara Bow, I've, haven't, Rihanna, there's, who's, they've, Swifties Organizations: Poets Department, Service, Department, Spotify, DJ
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLVMH's report could've been a lot worse, says Javier Gonzalez LastraJavier Gonzalez Lastra, Investment Partner and Portfolio Manager at Tema Luxury ETF, discusses earnings from LVMH.
Persons: could've, Javier Gonzalez Lastra Javier Gonzalez Lastra Organizations: Investment
Mother and baby company, Frida, has opted to use a porn actress in its product explainer videos. The company has previously had social media posts and TV adverts rejected due to nudity. AdvertisementA mother and baby company, Frida, has given up on working around censorship on social media and is turning to a porn actress to showcase its products instead. But the company struggled to find ways to share how to use Frida products without TV networks and social media censoring them. AdvertisementInstead of working around nudity rules on social media, it doubled down and hired porn actress, Asa Akira, to demonstrate the products on its new website, Frida Uncovered.
Persons: Frida, , Chelsea Hirschhorn, we've, Hirschhorn, Asa Akira, Akira Organizations: Service, New York Times, Times, Google, ABC, Meta Locations: Instagram
Read previewToni Braxton, 56, is speaking up about how her lupus diagnosis has impacted her life and career. "I was told to hide I had lupus," Braxton said, adding that it was her management's idea. AdvertisementBraxton, who was diagnosed with lupus in 2008, added that being upfront about her illness hurt her career. "You would not get work, because the second I told I had it, I didn't get work at first. In April 2023, Braxton told Today that lupus "attacked" her heart and that she had narrowly avoided a deadly heart attack because she decided not to skip her doctor's appointment.
Persons: , Toni Braxton, Braxton —, Daniel Wallace —, Mary Alice Haney, Thaïs Aliabadi, Braxton, I'm, Braxton isn't, Selena Gomez, I've, could've, Gomez, Seal, lupus, traumatizing, Lupus Organizations: Service, OB, Business, Billboard, Yahoo, Lupus Foundation of America
A key former Facebook exec has reignited discussion of Oculus founder Palmer Luckey's 2016 firing. Former Oculus CTO and ex-Meta VR exec John Carmack said on X that he regrets not defending Luckey. Carmack and Luckey joined Facebook after it acquired Oculus, the VR company founded by Luckey in 2012, for $2 billion in 2014. "The culture has changed a lot since you left (internal discussions have to be work focused)," Bosworth replied on X. Business Insider reached out to representatives of Bosworth, Carmack, and Luckey but didn't receive an immediate response.
Persons: Palmer, John Carmack, Andrew Bosworth, Luckey, , Palmer Luckey —, Carmack, Hillary Clinton, @PalmerLuckey, OTXBBnkK0p — John Carmack, Donald Trump, Clinton, he's, Carmack —, Bosworth, Meta, Forbes, wasn't, I'm Organizations: Facebook, Meta, Service, VR, Wall Street, Business Locations: California
LinkedIn then laid off more than 1,400 workers in two rounds of job cuts last year. AdvertisementThis as-told-to essay is based on a transcribed conversation with a former senior engineering manager at LinkedIn. During the pandemic, we sort of lowered the bar of performance expectations. If they are already starting to be a little cold or reserved, it's unlikely you're going to change their mind. 'Kill list' leaked on BlindLinkedIn laid off 716 sales, operations, and support workers in May 2023.
Persons: , they're, could've, it's, texted Organizations: LinkedIn, Service, Business
Russia knew where Ukraine's big counteroffensive last year was going to attack, Zelenskyy said Tuesday. Ukraine has said its 2023 counteroffensive plans were leaked to Russia before the operation began. Along with Russia learning about Ukraine's plans ahead of time, Zelenskyy said some of the issues were Ukraine's fault. AdvertisementOne of Ukraine's sea drones, funded by the large-scale volunteer collection platform UNITED24. Ukraine's drones have also been upgraded over time, some carrying larger, more powerful warheads to do more damage.
Persons: Zelenskyy, , Volodymyr Zelenskyy, Zelensky, Axel Springer, Ukraine's, Kyrylo Budanov, could've, Muhammed Enes Yildirim, Ukraine couldn't, Ukraine Zelenskyy, That's, Vladimir Putin, It's Organizations: Service, CBC News, Anadolu Agency, Getty, NATO, Security Service, Ukraine Locations: Russia, Ukraine, Russian, Azov, Donetsk, Dnipro, Kyiv, Kerch, Crimea
Now that I'm a broke, jobless graduate, I feel lonelier than ever without my Spelman sisterhood by my side. AdvertisementI'm feeling much lonelier now that I'm a graduateIt's been almost a year since I left Spelman with my degree, honors, and accomplishments. I cheer my college friends on from behind my phone screen and wish I were there with them, sharing in their celebrations like before. I'm trying to find happiness in my post-grad lifeI don't want my peak to be college, so I've looked to other avenues for community. So, for now, I'll stick to crocheting little lemon pouches and granny squares, hoping I can see my college friends again soon.
Persons: I'd, Spelman, we'd, Isley, COVID, could've, It's, I'm, I've, wasn't Organizations: Service, Spelman College, Business, Spelman Locations: Atlanta
Today's higher rates on CDs aren't going to last , however. For investors contending with maturing CDs, that means they're running out of places to stash their idle cash and still generate an attractive yield. "The issue is reinvestment risk," said Michael Carbone, certified financial planner and financial advisor at Eppolito Financial Strategies in Chelmsford, Massachusetts. That's because once the Fed begins cutting rates, fixed income with longer-dated maturities will allow investors to lock in those higher yields. An opportunity to diversify fixed income In addition to adding exposure to longer-dated bonds, advisors have also been diversifying across different classes of fixed income.
Persons: Wells Fargo, Banks, Jerome Powell, Michael Carbone, Catherine Valega, Valega, Carbone, Josh Nelson, he's Organizations: Green Bee, Keystone Financial Services, MBS Locations: Chelmsford , Massachusetts, Winchester , Massachusetts, Loveland , Colorado, BlackRock
Kyle Zajac, a 22-year-old server, earns thousands of tips weekly at an upscale steakhouse. Zajac dropped out of college to focus on a higher-paying server job and doesn't regret his choice. AdvertisementNow, I work as a server at an upscale steakhouse, and I bring home thousands in tips each week. During the year I worked there, I began applying for upscale server jobs. AdvertisementRecently, thanks to a convention, I took home $2,400 in tips in one week, and the week before I earned $1,800.
Persons: Kyle Zajac, Zajac, , I've, I'd, I'm, they've Organizations: Service, US Department of Labor, Ford Locations: Indianapolis, Philippines, Europe
I had my first all-inclusive vacation at Thatch Caye in Belize. AdvertisementMinutes ticked by while my friend and I waited for a boat to take us to Thatch Caye, an all-inclusive resort on a private island in Belize. A bird's-eye view of the Thatch Caye resort. AdvertisementWhile I knew once I got to the all-inclusive resort, I wouldn't want to leave, I didn't think about when I arrived. But for a future all-inclusive stay, I won't miss out on a minute of my resort reservation.
Persons: , Monica Humphries, could've Organizations: Service, Muy'Ono Resorts, Travel Locations: Belize
She put her children's shares in traditional savings accounts, and she wishes she had invested it. As I've navigated the process of inheriting money, I've concluded this is spot on, but it comes down to how each of those classes teaches (or fails to teach) their children financial competence. I directed the funds to separate savings accounts for my children at the local bank I had used for years. Even if I didn't traditionally invest, online savings accounts now offer up to 5% interest. AdvertisementWhen I inquired about withdrawing funds to invest or even closing the savings accounts in favor of something more financially smart, I was rejected.
Persons: Sarah Adams, , I've, Adams, Bobbi, inheritances, wasn't Organizations: Service, Toyota Locations: England, New York
As I've navigated the process of inheriting money, I've concluded this is spot on, but it comes down to how each of those classes teaches (or fails to teach) their children financial competence. I grew up with a "poor" mentality and knew I wanted to make better financial decisions for my future children. I directed the funds to separate savings accounts for my children at the local bank I had used for years. Even if I didn't traditionally invest, online savings accounts now offer up to 5% interest. AdvertisementWhen I inquired about withdrawing funds to invest or even closing the savings accounts in favor of something more financially smart, I was rejected.
Persons: , I've, Adams, Sarah Adams, Bobbi, inheritances, wasn't Organizations: Service, Business, Toyota Locations: New York, England
But with his latest startup, Cherish Health, he's taking a different approach. To date, Cherish Health, which makes a radar-based device to detect falls in the home, has raised $26 million from these alternative sources. Cherish Health is now gearing up to raise its Series B round, targeting $30 million at a $200 million valuation. In late 2022, Cherish Health landed $5 million in Series A funding led by Alarm.com at a $45 million valuation. If Cherish Health had gone the way of traditional venture capital, Nagpal said, "we would've given up most of our value by now."
Persons: Sumit Nagpal, Nagpal, he's, we've, JP Morgan, Health's, Health, Alarm.com, consortiums, aren't Organizations: pharma, Abbott, Business, Accenture, Health, Apple, Comcast, Amazon, Cherish Health Locations: Alere, Haven, Amazon , Berkshire, Alarm.com, VCs
AdvertisementOther candy makers should take notes because Trader Joe's clearly knows what it's doing when it comes to chocolate. I fell in love with the lemon-and-ricotta ravioli's tasty fillingThis lemon-and-ricotta option is my new favorite Trader Joe's ravioli. These blueberry-and-lemon hand pies are the perfect pastry for the spring seasonThe blueberry-and-lemon hand pies from Trader Joe's look homemade. Trader Joe's Portuguese custard tarts totally lived up to the hypeTrader Joe's Portuguese custard tarts blew me away. If someone told me Trader Joe's lemon sheet cake came from a fancy bakery, I wouldn't question it for a second.
Persons: , I've, Wilson, Joe's, they're, Savanna, I'm, seitan, pico, gallo, there's, Joe's didn't, Parmesan, Almond, Wilson I'm, graham, They'd, Meyer, munch, Wilson I've, Ina Garten, They're, madeleines, Florentine, Joe, Wilson It's, frosting, pasteis, nata, I'd, pretzels, Joe's dulce, dulce de Organizations: Service, Business, Wilson Locations: Savanna, Eastern Europe, Parmesan, Portugal
The concept of van life has intriqued me for years. I've interviewed dozens of nomads who encouraged others to try van life with shorter trips. AdvertisementThose desires could be answered with van life — especially since the version of van life I saw scrolling on Instagram and TikTok seemed to fit my outdoorsy lifestyle. Related storiesI knew two weeks wasn't enough to experience every aspect of van life. Plus, the company's vans were what I dreamed of when I pictured van life.
Persons: I've, , Monica Humphries, Maddy Garrett, Ram Organizations: Service, Valley Music, Arts, Gatorade, Allied Market Research, Business, Subaru, Walmart, Costco Locations: Bryce, United States, RVs, Albuquerque , New Mexico, Denver, New Mexico, Las Vegas
Some Biden staffers aren't happy that many Obama alums were given higher-level roles over longtime Biden aides, per Axios. "We do have too many Obama people who don't care about Joe Biden," an ex-White House official said. "We do have too many Obama people who don't care about Joe Biden," an ex-White House official told the outlet. Axios reported that Biden privately told staffers he could've beaten Trump in 2016 had he been the Democratic nominee that year. "As President Biden has said, President Obama is family to him," Bates added.
Persons: aren't, Obama, Joe Biden, , Barack Obama, Biden, Donald Trump, We're, Axios, Hillary Clinton, could've, Andrew Bates, Bates Organizations: Biden, White House, Service, House, Democratic, Obama, Trump Locations: Illinois, Washington, Delaware
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In comments made to Hungarian news outlet M1, Orbán said Trump has detailed plans on how to end the war, Reuters reported. Describing the conversation, Orbán claimed that Trump said he "will not give a penny into the Ukraine-Russia war and therefore the war will end," Orbán said, per Reuters. Trump has previously claimed he would "end that war in one day," without specifying how that would be achieved. President Joe Biden slammed Trump's meeting with Orbán, who is considered President Vladimir Putin's closest ally in Europe.
Persons: , Donald, Viktor Orbán, Orbán, Trump's, Trump, could've, Vladimir Putin, Joe Biden, Vladimir Putin's, Biden Organizations: Service, Mar, Business, Reuters, Trump, Trump Republicans, Congress, NATO, Politico Locations: Ukraine, Russia, NATO, Europe
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