Accounting
Name the 3 financial statements
IS, BS, CFS
Who pioneered the LBO Model?
KKR
Who is the largest private owner of real estate in manhattan?
What is Columbia University?
You're on a gameshow and asked to choose between three doors to find a prize between one of them. After you pick the first one, the host opens one of the two doors not chosen to reveal that it is blank. Do you keep the door you have or switch to the other door?
The other door. 1/3 -> 2/3 (Monty Hall Problem)
Which banker was instrumental in financing the US War Effort in WW1?
What is JP Morgan?
What’s the core equation of the BS?
Assets = Liabilities + Equity
What Columbia Business School Alumni went on to become a pioneer in value investing?
Warren Buffett
To the nearest ten million, how much was the most expensive apartment in NYC?
Hint: it was over $100 million
$240 million, 2019 apartment bought by Ken Griffin
What are your odds of pulling four queens from the same deck of cards on four consecutive pulls (express the answer as fractions multiplied by each other)?
1/13 x 1/17 x 1/25 x 1/49
Name 3 bulge bracket banks
3 of
Bank of America Merrill Lynch, Barclays Capital, Citigroup, Deutsche Bank, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and UBS.
Would you rather have $1 revenue synergy or $1 cost synergy?
Cost synergy (easier to predict)
What is the main similarity and difference between VC, Growth Equity, and PE Buyout
S: The company is private
D: Stage the company is in
3 revenue streams of an airport owner
See if it sounds legit
What are a call and a put?
Call- Gives the trader the right to buy an asset.
Put- Gives the trader the right to sell an asset.
What is the main service that bulge brackets offer that elite boutiques don't?
What is debt financing?
How much does increasing employee salary by 20% affect gross profit?
0%
Who played Patrick Bateman in American Psycho?
Christian Bale
What street in midtown Manhattan is nicknamed Billionaire's Row?
57th
You're a blind person on a desert island and have 4 pills- 2 red and 2 blue. If you have to take 1 of each color pill every day to survive, but taking too many of one color would kill you, how do you make sure you’re taking the right amount?
Cut each pill in half and take 4 halves each day
What was the largest bank to fail as a consequence the 2008 financial crisis?
What is Lehman Brothers?
What are the differences between 10q, 10k, and 8k?
10q is quarterly, 10k and 8k are annual
8k is only filed if something crazy happens
What is the largest hedge fund in the world and who started it?
Bridgewater Associates, Ray Dalio
What does REIT stand for?
Real Estate Investment Trust
You have ten bags of coins, 9 are them are real and 1 has a counterfeit coin which weighs nothing compared to the rest but looks the same. You have a scale but you can only use it once and can’t touch the coin, but put as many of each coin as you want on the scale. How do you identify the counterfeit coin?
1 coin from bag 1, 2 from bag 2, …., 10 from bag 10
Depending on how far away it is from 55 (1 + 2 + 3 + 4 + 5 + 6 + 7 + 8 + 9 + 10), you can tell which is counterfeit.
Harold Stanley was one of the founders of Morgan Stanley in 1935. His dad was William Stanley. What company did William start?
Stanley Cups!