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31 Fantastic Pieces Of Advice For Surviving Your First Year On Wall Street

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Lloyd Blankfein

You've sat through recruiting sessions, and you've networked with bankers.

But you're still completely unprepared for what it's actually like to work on the street.

Business Insider is here to help.

We've put together a list of great advice from Wall Street legends, seasoned professionals and young analysts in order to prepare you for your first year on the street.

Maybe take notes if you want to.

You're going to be a burden during your first three months. Try to be a small one.

"For your first 3 months you will be a burden - just try to be a small burden. Don't spin your wheels, ever - Associates hate when their analyst is sitting there fumbling and stymied. Don't ask questions that you haven't at least tried to think through yourself - but once you've thought them through, don't be afraid to ask. Write down everything so you remember what you learned and don't have to ask again."

Former analyst as boutique investment bank

Source: Business Insider



When you're networking with senior co-workers, direct the questions to them.

"When you're networking with senior people, always direct the questions to them. People in this industry are egotistical and they love talking about themselves. It'll be a solid start to your networking."

Male, 53, Hedge fund



If you want to acquire and keep your clients, don't only talk about the markets.

"I found other topics to discuss. And I found that when I ceased being a business bore -- and quit pushing my views about the market on everyone -- that people came to be more interested in any advice that I might have to give. At the time I was a broker starting out, and it helped me acquire clients. I think the same thing is true as a parent with your kids. If you give advice, it's not nearly as well received as when it's asked for."

Julian Robertson, Founder of Tiger Management (a now defunct hedge fund)

Source: Fortune 



See the rest of the story at Business Insider

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