Public Markets
A strategic investment in public markets focused on generating returns regardless of market direction.
What is a hedge fund?
This type of bank focuses on lending to small and mid-sized businesses
What is a commercial bank?
One who provides specialized, objective advice, guidance, and solutions to individuals, organizations, or governments for a fee.
What is a consultant?
The preserving of and growing the financial assets & wealth of ultra-high-net-worth individuals, families, or organizations.
What is wealth management?
I invest in startups and hope to hit a few homeruns.
What is venture capital?
The summer where you work your most important internship and aim for a return offer.
What is your junior year?
Identifies company’s potential risks and develops strategies to mitigate them.
What is risk?
The technical work practiced to prepared for consulting interviews.
What is casing?
A key aspect of a successful wealth management firm for client retention.
What are client relationships?
The process of determining the present worth of a company. Bankers use primarily Discounted Cash Flow (DCF), Comparable Companies (Public Comps), and Precedent Transactions to estimate value.
What is valuation?
A benchmark for the return of a fund.
What is the S&P 500?
Focused on the future financial health of a company(ies).
What is corporate banking/FP&A?
The top three consulting firms.
What is MBB?
The Morgan Stanley guest speaker from GMB #2
Who is Liam Lau?
I wear Patagonia, company-branded puffer vests, went to a target school, my dad is an MD, and I work 100 hour weeks in a New York skyscraper on wall street.
What is an Investment Banker?
Unlike mutual funds, hedge funds often use this strategy involving borrowed money to amplify returns.
What is leverage?
This type of risk refers to potential losses from borrowers failing to repay loans.
What is credit risk?
Management consultants are often hired to improve this aspect of a company’s operations.
What is efficiency or strategy?
Asset managers build diversified portfolios based on this principle of not “putting all your eggs in one basket.”
What is diversification?
When an Investment bank takes a company public.
What is an IPO?
A hedge fund that bets both on stocks going up and stocks going down is using this strategy.
What is a long-short strategy?
FP&A professionals spend much of their time doing this annual corporate process involving revenue and expense projections.
What is budgeting?
Consultants frequently use this framework analyzing political, economic, social, and technological factors.
What is PEST analysis?
The amount needed in investable assets to be considered Ultra-high-net-worth and invest money with top tier firms like Goldman Sachs.
What is $5M - $10M+?
Private equity firms often acquire companies using large amounts of borrowed money in this type of transaction.
What is a leveraged buyout (LBO)?