investment banks

“Quite often what you do is you pay an investment bank to actually take those opportunities and to structure it and split it out. And then you go ahead and you buy the individual pieces and put it back together again. But the flip side is unless you've got an i…”

“It's still important for people to have programs that cultivate diverse talent at investment banks, at commercial banks, at private equity firms as analysts. I mean, that's still hugely important because that's where the networks come from.”

“Until those on-ramps are built, and until I'm getting those calls from the biggest brokers and investment banks, and there's that, of course, there's downside. There's always downside in market, but I don't think there's much sustainable downside until we at l…”

“And in some sense, they have, in my observation, sort of supplanted in importance the investment banks of a generation or two ago.”

“On the trading floor, it really is about P&L. It's about, are you making money today? Did you make money yesterday? How are you making money tomorrow? And who are you making money for? Well, you're not really aiming to make money for the clients, other than in…”

“And the rest of the industry was hiring from investment banks, which I think are principles at one level, but at the same time, they're really about getting fees for transactions, not for making returns on investment. So it's probably the worst possible place …”

“Everybody wants an internship today at a private equity firm or an investment bank, and I would call it the school of the real world. I think there's nothing better, be it working as a waitress or a waiter in a restaurant or working in a service business or wo…”