You will like this video then, its mainly her thoughts on her colleagues in the Hong office, only 8 minutes long this one:
She really needs to organize her story better. Ok WAY too much introduction at the beginning before she finally told the story. We can draw our own conclusion and make our own judgment ourselves about her story and really don't need her to tell us what to think. And then about the background information about her job, how things are in GS, she actually needs to give us more information and she didn't so we are left not able to put things into the context to appreciate fully exactly how she was "wronged", how the experience is so negative. Rotations? what does it mean rotations, at which departments? Departments related to her studies or not? etc. What's the significance of fighting for them? Running across the river? What does it mean? Why is it so bad? Overall, she just comes across to me as Paris Hilton in that "Getting a Real Job" reality show, clueless and naive brat fresh out of college that's totally out of touch of reality. Seriously all she complained about was "running across the river", "having coffee chats using corporate lingos which were like interviews" and low hiring rate, 60 new positions for 250 candidates which is about 25%, 1/4 getting hired which is not too bad of a ratio and 60 positions all from just ONE company which is really good nowadays considering usually companies just have ONE or TWO positions available and you have 10 or 20 people applying for them and then the "plastic stools"??? Seriously lady, you haven't even graduated yet and GS is basically PAYING you to teach you about how financial trading is in the real world and you are complaining about plastic stools??!!! REALLY??!! What did you expect?? GS buying you a $1K+ leather executive chairs for you to sit in your corner office?? You should be lucky that you get to sit. Plenty of apprentices for other fields especially from the old days involves the apprentices working for the master tradesmen for FREE and sometimes even getting abused!! The financial world is very hierarchical and when you start at the bottom, you really need to pay the dues and you only move up when you are good enough. Everybody starts this way. This woman is obviously not a good fit for the financial industry; she neither has the maturity nor the tenacity to handle the extremely grueling and competitive financial trading or management. She is best to just go back to her castle in China and continue to live her privileged and pampered life and now trying to make some measly dough by making a Youtube video to tell her sob story.
This is what I do EVERY DAY trading in the markets. And she can't handle it for just 10 weeks??!! And this is what she will be doing once and if she really got the job. And she is at least single. I have to take care of my house and my family. The woman is really out of touch of reality.
Trading the markets is heaven. We could do it 24/7 but sleep and markets being closed on the weekends gets in the way. To be honest that internship does sound like hell, that is if you do it properly, but worth it if you want to get hired there. Its a combined internship + 10 week long interview process by the sounds of things. 1 day interviews are stressful enough. The other option she had was to do the internship and not try very hard to get hired (not worked the long hours or tried to impress people) Instead she could of just enjoyed the experience and put the internship on her CV.
Yeah but what are those "interviews"? Coffee chats? Geez I went through longer and tougher job fairs than that. Yes I agree she could've and really should've just took everything in strides and really treated this internship experience for just what it is, a learning experience. Anyway at the end, I just feel that she really didn't know what she wanted. The whole time she was bothered by those little things that people who were genuinely interested in trading and/or GS wouldn't even notice, name tags, plastic stools... LOL. I mean she's learning about financial trading from one of the top firms of the industry and she's worried about name tags??!! LOL The reason why they need to wear name tags were probably to ensure proper identification. I mean does she really want to be denied an opportunity because they got her mixed up with someone else?? There were 250 of them. You expect all of the analysts, associates, VP's, everybody that they networked with and worked with to remember them all??!! And if she really lost an opportunity because of a mix-up of identity, (which I am sure has happened before hence this name tag system), she would be making another b****ing video ranting about it too I am sure of it. LOL So freaking naive and entitled!! At the end, glad she didn't end up at GS, would've saved GS a lot of headaches considering just a 10-week internship had already resulted in multiple ranting videos from her. Good riddance!
Isn't that the whole idea of financial investment and trading??!! To make the money grow??!! What was she expecting?? Those millionaires and billionaires giving their money to GS to see their money disappear?? That's UNICEF!! If she was caring so much about having a job that "benefits the world" (although she has NO IDEA what those kinds of jobs entail either), why didn't she apply for an internship position at a non-profit charity organization? She has no idea that people had to fight just to be in the internship program, just to be among the 250 interns to intern at GS like this guy: Mind you Chris Gardner, the guy from the movie was actually juggling homelessness and a 14-month old son while trying to land in those internship positions that didn't even pay him to work. He had to work two jobs, the medical salesman position, the non-paying internship position to get the experience and try to find a place to stay for him and his 14-month old son and have to come up with the money to care for his child. Imagine all she's fretting about is the name tags, the plastic stools, the coffee chats and taking the taxis... LOL
Yeah but she said f*** this not because she wanted to do something else; it was because she didn't have the maturity nor the right attitude to work at GS and basically spared GS the headache and the cost (in addition to how much they've already spent on her in hiring her) of firing her and just quit herself. GS already spent $10K on her to help her to move to Hong Kong for her position. And she quit after just 6 months and of course making another video to rant about how she's the victim, again and how wrong everyone is. She is really giving Wellesley College a bad name with these videos. Now everybody is going to think every Wellesley graduate is a pampered whining b****.
Just because all your colleagues made tons of money and spent on meaningless (according to her) things doesn't mean you have to do the same. Your colleagues didn't hold a gun to your head and said with all the money that you earned from GS, you must spend like us!! If she's so set on not being "so empty" and wants to do something "meaningful in life", she could very well spend her money helping others, donating to charities, sponsoring charity events, do things to raise funds (so many who work in the financial industry run marathon, organize bak sales, do walks to raise funds), becoming patrons of arts, volunteer your time to work in charity organizations. There is so much poverty in China, how about donating to build a school under the "Hope Project" in one of those impoverished villages in China since she's still got families in China? The list of "meaningful" things that she can do with her money is endless. It's just $$ that she earns from GS, what you do with it is her choice!! It's really her own cowardice to do something meaningful that is the problem and yet she blames on GS and her colleagues for being who they are??!! I feel so sorry for GS that spent $10K on her and her colleagues who had to endure her, even for the 6 months that she worked there. Good thing it was 6 months. But I feel a bit sorry for her too towards the end. She really has no idea who she really is and what kind of life she really wants to lead. She really needs to go out and live her life to try to find herself a bit and then she can decide what she wants in life. Forget about her parents, their expectations, their dream, whatever. This is HER life, not her parents' life. If the parents are so mesmerized with GS, why don't THEY go work for GS? Why put it on their daughter which is a totally different person who has totally different life from their own? It's time she cuts the umbilical cord from her parents and finds her own life. Can't believe that a ranting video about how crappy GS is turns out to be actually a video about an immigrant child's existential crisis. Wish I had known it from the beginning and wouldn't have wasted my time in watching it. I should make a Youtube video warning others not to waste their time watching her completely meaningless videos. LOL
You haven’t worked in an investment bank starting in an analyst class. It’s a cult. Work hard. Play hard. Often with your banker/trader/broker colleagues. And you have a culture of young people with a lot of money (think of it as a amateur version of the nfl or the nba). I respect her for realizing after less than a year the outcome of that life. It took me 10; and 10 years after that, I’m seeing more and more what she’s talking about. In the US it’s not as extreme as in Hong Kong but there’s a lot of truth. And coming from an Asian family, there is a lot of prestige in going to a firm that will offer financial security. Our parents didn’t have that in their lives (something white Americans take for granted).
I think we need more of these, 'The Tech Lead' youtuber did a good job of exposing the likes of Facebook and Google. We need more ex employees exposing the culture in Investment Banks, in person on youtube. I like reading the Glass Door reviews on companies i want to work for, you get to read some of the dirty secrets exposed sometimes.. It might not stop me from wanting to work there, but at least you know what to expect culture wise.