Category Archives: Informational

Living Below One’s Means

I tend to see a trend amongst the social media-addicted crowd these days. The focus on materialism and showing off seems to stem deeply in the crux of their image.

Show off your watch, show off your new car, or the holiday you spend your bonus on. Doing it for the ‘gram has become the holy grail for a generation whereby short-sightedness overtakes the long term build up of wealth. Is it much of a surprise that nearly half of Australians live pay cheque to pay cheque?

So what would you do differently? I understand the current economic environment is a tough with rampant global inflation and a threat of a recession hampering confidence in most.

Here are a few things I’d recommend doing to improve your financial position in the medium term.

  1. Invest in yourself

Most people, especially early on in their careers will complain they don’t earn enough. This is fine, so what I would recommend is think about the career path you’re on and what courses, skills, and attributes that you need to grow and develop to be in a role you want. If you’re in a graduate scheme or progression track weather its CA, CFA, Law or Medicine, then put in all your effort to passing those exams.

I know its hard especially with the long hours of work but delaying the gratification and giving yourself small rewards is the best way to get through the tough times. Having a set goal and lure of a better role, and salary is often the light at the tunnel that keeps most people motivated.

  • Build up a budget

Nothing standard, but it’s the best way to understand your status quo. There’s dozens of apps, spreadsheets, and sites that can help you devise a budget. Be sure to divide up your expenses as essentials and disposable income so you can figure out where you’re able to make cuts.

  • Cut down on expenses

Once you’ve made a budget, go through your list and shop around on making sure you get the best deal. Whether its your phone, broadband, insurance, there’s dozens of price comparative websites that can help you ensure you get the best deal.

  • Always save

A portion of your income, put it away to build up an emergency buffer, my recommendation is 3-6 months of living expenses. Get into the habit of always saving a % of your salary, many banking apps these days can help you do this in an automated manner.

  • Invest

Then once you have built up your rainy-day fund, think about investments, I’d probably start off with Index Funds initially. Have a flick through videos on YouTube or even Reddit. But basically start investing early on in your life to maximising the impact of compounding later on

Investment Banking – Questions and Answers

I get questions from readers about Investment Banking based on earlier posts where I mentioned work related matters.

So I thought I would provide some answers to the FAQs:

What is Investment Banking?

The definition is something along the lines of helping companies raise funds through debt or equity and broadly advising clients on investment opportunities.

Most of the time in Junior ranks you’ll be editing slide decks and helping with the materials for client meetings and communications. Once you’re a bit more senior you’ll be building out and reviewing models and managing teams

Does it pay well?

In short, yes.

These days I’d say $150k base is fairly normal starting out (Again this varies widely between front and back office, team and bank) bonuses can be as big as your base depending on performance

What are the hours like?

I’d say 12-hour days are the norm for most Analysts, however if you’re working through a complex M&A and the project is at a critical stage you could do more than 16 hours. Think worst for me was an 18-hour day. Also, on average I’d say one weekend a month would be expected.

What are the exit opportunities?

There are heaps of options. Many people try to continue the long hours but trade up for more pay by going into Private Equity. Some go work at clients and do in-house Corporate Development / M&A work. Others move into Technology companies and work in areas like Strategy. It’s a fairly broad spectrum of opportunities with the skillset you acquire.

If you have a good reputation with colleagues and clients there will regularly be opportunities coming up in conversations, but as you understand yourself more and realise what you like and don’t like – you’ll end up being far pickier with roles you’ll consider.

Do you need to go to a Top University?

It won’t hurt if you do. If you’re in Australia, given how small the intakes are, it would be a lot harder to get into an Investment Bank as a graduate from a lower tier University. Overseas in places like the UK or US, it’s a bit more open given there’s a much larger in-take. You can also move into banking as a lateral hire given the right employment background.

What are the different ranks?

Analyst -> Associate -> Vice President -> Director -> Managing Director

Is it for me?

if you’re a driven person whose interested in markets and corporate life you could enjoy it, however, there comes a sacrifice with the hours you’ll do in the job as well as the stress that can have harmful impacts on your health.

Do people really change?

Think about all the things that made you who you are. The years of character building experiences. The way you were raised. The way people treated you. The way you perceive yourself. These all culminate into creating who you are now.

I always wonder if people do change.

Do they?

Well, I think sometimes you have life altering experiences or trauma that can change you permanently. Weather its a near-death experience, or something like a loss of someone close to you, these can leave you a different person.

But what about character “Flaws”.

Well, these are a bit harder, the deeper you get into your life, the harder it becomes to change. You get more in-tune with yourself and more stubborn. It’s a lot harder to change a 40 year old than a 18 year old.

I was thinking the other day, have I changed much?

Yes, I’ve lived around the globe and experienced so much, but who I am as a person, that’s still fundamentally in-tact. I know of this girl I used to date way back, we always used to fight, always. Ultimately, she was raised in a family where she had absent parents and constantly needed attention. I was early in my Banking career and was fairly focused on work. It was just mayhem, despite her being in University whilst I was working 70-80 hour weeks regularly, the nagging would not stop, literally, never.

Oh, you bought me a gift? But your handwriting on the card looks messy.
You worked 3 80 hour weeks back to back didn’t organise three dates this week? You don’t care!
You didn’t drive 45 kms from the other end of the city in the opposite direction to your house in peak hour traffic to pick me up from my workplace? You selfish prick!

And that for me was a pretty pathetic relationship, besides the constant bangs, there was nothing in it for me. A leftover skank that had ridden the carousel, with a naggy attitude. So I wore that out, dumped a ton of creampies into her, and discarded her like the 20 odd guys before me.

Then a few years later, whilst abroad, another invisible child. Parents are an ATM machine that give no love. And here comes the problems, nag about this and that and so on. I knew this was one of those so I cut my losses and ended it fast.

It got easier and easier to identify the ones that I would have problems with, I just spoke a different love language, wasn’t into neediness and had expectations. They unfortunately never met them, so no hard feelings.

But did I change much? No, I noticed I just struggle with girls that weren’t raised by loving parents who gave them attention. The expectations of their partner seemed excessive, and of course I got heaps of attention when I was younger so it felt unnatural to me to be that missing “father figure” to them. Some people love it (See them creeper old dudes pulling off their ddlg kink for example).

With experience, I got to know myself better.

But did I change, in what works for me? Definitely not.

Career Choices: Health Vs. Wealth

Ambition and Safety are the two opposites that factor into many career choices. Given the stage of your career and life, answers to which one you should prioritise will differ.

Ambition (Wealth):
Say you’ve just graduated from University or are in that 1–5-year range of commencing your first full-time role, you most likely have all the motivation in the world as the corporate grind hasn’t worn you down just yet. The corporate “perks” still seem like a novelty and furthering yourself through “learning and development opportunities” and “growing your CV” are probably factors that feature high up on your career agenda.

For this stage, ambition is perfect, go on, slave out that role in Investment Banking for a few years, do the equivalent of 8 years of work in 4 years and leverage those skills to find a “cushier” job once you’re ready, or ride up the ladder and stick it out until you no longer want to.

I’ve also come across people who choked hard after university then managed to cover it up with some better roles a few years in, most of these types had a major chip on their shoulder as they struggled to land anything decent straight out the gate and felt the need to prove themselves, so they did, just years later compared to everyone else.

Upsides:

  • You’re wanted and in demand in many more companies across different geographies and industries.
  • Financially you’ll likely be able to command much better remuneration, if not already, then in the future.
  • Pivoting into less demanding roles and industries is much easier than vice-versa, you’ll have a solid work ethic and your expectations of yourself will be a lot higher compared to those around you if you decide to take a step back.
  • The network you build will be with some of the most accomplished people you know. This becomes much more important later as you can get a lot of “favours” from the right people.

Downsides:

  • You will work like a dog and potentially lose some of the best years of your life slaving away late into the night and working weekends.
  • All that stress will very likely impact your health, especially considering you’ll struggle to sleep well and wake up in the middle of the night thinking of work.
  • Aging is a real tragedy when you work a job that you always need to be “switched on” for.
  • Work becoming such a huge part of your life will take a toll on your personal life, many relationships die because one or both parties aren’t able to put in the time, effort, and commitment required to maintain them.

Safety (Health):

Perhaps you’ve done your years slaving it out in Banking, Consulting, or in a top-tier Technology company where you’ve made a bit of bank and cashed out your stock options. The burn it took on your health started to add up and you’re looking for a more cruisey role so you can at least enjoy some time outside of work or focus on relationships/family/hobbies. It would make perfect sense at this stage to prioritise Safety.

However, some people, finish university and do this from the start, sometimes by choice, other times through necessity. There’s nothing wrong with this at all, but to coast from Day 1, when you could do so much more, one must wonder where all that extra energy goes?

The upsides and downsides are basically the opposite of what was written earlier. Less money, more time, better health, lazier network, harder to pivot careers/move abroad, and potential for better social and personal life.

I remember coming across this quote from the Dalai Lama which I feel is relevant to this discussion:

The Dalai Lama, when asked what surprised him most about humanity, answered “Man! Because he sacrifices his health in order to make money. Then he sacrifices money to recuperate his health. And then he is so anxious about the future that he does not enjoy the present; the result being that he does not live in the present or the future; he lives as if he is never going to die, and then dies having never really lived.”

So consider wisely..

Teach, don’t just Preach

Girls love to be guided by someone who knows what they are doing.

You’ll bond over the shared experience.

She’ll love recognizing your status over her.

She’ll tingle by submitting to your instruction.

She’ll get good vibes and feel good as she improves.

You’ll display yourself as a man with power over his environment.

A man should have a few things he has mastery over, or at the very least a far greater understanding of than the average girl.

Teach her.

Remember: It’s not about how good of a teacher you are, or how much she actually learns. It’s about the experience. Also note: If you’re teaching something physical, there’s plenty of opportunity to touch her. So, do it.

There’s a reason ‘guy teaches girl how to shoot pool’ is a Hollywood classic: The shit works. I think a guy really should have some basic pool skill if only for this reason alone. Great second date idea.

Other ideas:

If you have a not-too-boring job, teach her something basic you do at work. Roleplay if it involves social interaction.

Most modern women can’t cook, so teach her a new recipe at your place.

Teach her to throw a spiral or a baseball or shoot hoops. Any sports skill is good. Girls look so cute when they’re failing at athletics.

Teach her pressure points or other peculiarities of the human body.

Show her how to do her job or homework. I’ve helped girls write cover letters and resumes with  great results. Boring? No, because I embed teasing in the fake cover letter like “I’m Julie and you should hire me because I have long shiny hair and I’m only semi-annoying”

Be creative. Have fun with it.

If you don’t have skills to teach, your first task is to acquire some skills.

Working Abroad

Back to discussing something actually related to The University of Melbourne for once.

I come across so many students or new graduates that are obsessed with making the move abroad. I get it, I did it myself as a good opportunity came up. But there’s always a few considerations that I’d recommend people to explore before jumping on the bandwagon.

  • Where does it fit in with your overall plan?

So going abroad to work is beneficial, it’s exciting, you work with different people from different cultures and you get exposure to so many new areas that you may not have gotten back in Australia.

Consider these:

Are you taking a big pay cut for this?

  • We all work for money, taking a pay cut for a year or two isn’t the worst thing if you’re enriching yourself through experiences and exposure, but longer term, if you have aspirations to buy property, invest, start a family one day, it might be worthwhile to remember there is an end point to all this.

Are you potentially hurting your prospects back home once you return?

  • Big one, Australia being a migration hot spot values local experience over overseas experience, since every Tom, Dinh and Habib has worked in random gigs in bottom tier shitholes before finding a better life in Australia, you don’t want to be classed alongside them once you’re back

Will you gain skills and experience that you’ll be able to market later or is this just an extended vacation?

  • Working in Silicon Valley, New York and Hong Kong is incredible, working in expat hot spots with similar like-minded folk that are at the tip of their industry is probably more likely to be a CV-boost or neutraliser, but working in Mexico City or some other random exotic place will definitely give you a lot of experiences and skills, but marketing them is another concern. If you’re just after having fun and partying, then maybe go to those exotic places on a sabbatical rather than take a trash gig and doing multiple years undoing the hard work you’ve done building yourself up in your own country.

 

  • What stage are of life are you in?

Basically, how old are you. If you’re 24, with a few years of experience under your belt, a couple of years doing a mundane gig in South East Asia whilst you slay puss, travel and party won’t do you too much harm, just re-build for a year or so once you’re back in Australia and then you’ll be OK.

However, if you’re in your 30’s and doing the same, with the level of commitments that you’ll have then in the prime of your working life it just doesn’t add up. The opportunity cost will be high and recovering from those types of career hits are a lot harder the deeper in you are.

  • What comes after?

Do you plan to come back and pick up where you left off? Change paths? Although even for me, the plans changed so much over the years, at least have a hazy end goal in mind so you have some direction.

It’s easy to fall into the trap of being so deep into the hedonistic pleasures experienced abroad that you just lose yourself, and then if/when the party ends, you’re washed up without much hope once you’re back.

I would say living overseas is and continues to be one of the best things that ever happened to me, it relaxed me from the poison of Melbourne and gave me perspectives that allowed me to mature and gain independence by leaving my comfort zone.

Definitely something I would recommend.

How to know if someone’s not getting laid?

I had a stopover in Switzerland a few weeks ago and caught up with a friend who was spending some time there for work.

We had a meal and during that meal, I was showing him some photos of a recent trip to Krabi in Thailand. A notification came up from some slore I hadn’t reached out to with something suggestive.

My friend noticed and asked if I had slammed her, I smirked and then he asked if he could push the notification and see her profile photo, I was like “sure”.

Then the following sentence was what gave it away for me that he must be going through a major dry spell

“Where did you meet her?”

I’ve heard this so many times whenever you share nudes, or a pic of a girl out in a bar, nightclub or amongst other guys, the guys who are the thirstiest and most likely to have not gotten laid are usually the ones to ask something like that.

Given any guy that’s slammed a few dozen women in his life would have an easy understanding of how a guy meets a girl (nightlife venues, through friends, on apps) it’s pretty obvious that it’ll fall within those clear categories.

On countless nights out, the thirstiest guys that usually go home with nothing are the ones asking the aforementioned question. The guys in the know are usually more nonchalant or praising of your efforts rather than trying to replicate it or better it.

So next time you show a string of messages, or a slore sends a nude and a friend sees it, just remember what they say as a response to it. If they ask you where you met her and you’re not really a frequent traveller, they he’s probably a little thirsty, order him a drink.

Shifting Paradigms

It’s incredible, more than five years can pass and you can remember some people with such strong feelings but a few days can pass and you won’t remember that slore you slammed out in a public toilet cubicle over the weekend.

 

The “caste” system

Many know the caste system that relates to India, such as what is described below:

The caste system in India is the paradigmatic ethnographic example of caste. It has origins in ancient India, and was transformed by various ruling elites in medieval, early-modern, and modern India, especially the Mughal Empire and the British Raj. It is today the basis of educational and job reservations in India. The caste system consists of two different concepts, varna and jati, which may be regarded as different levels of analysis of this system. Vaidyanathan argues that the caste system existed at the village level to serve the needs of its people, however, the method in which the 1881 census was carried out in India by the British Raj institutionalized the caste system on a much larger national scale.

But this same concept seems to apply in so many areas of our lives. Well not so closely but to a degree.

There’s just so many “tiers” in people these days.

Top tier people whom you aspire to have around whilst feeling comfortable and proud to have as companions or partners.

Mid-tier people that are doing ok, and you respect but are at a level you think is one that isn’t achieving their maximum potential.

Bottom-tier people that lack the ability or are just inherently lazy that you cannot bring yourself to respect them.

Weather its professionally or in social contexts, I notice how closely people judge, despite the agenda these days to “not judge”, the opposite occurs subconsciously.

As an expat, you’ll come across different tiers of fellow foreigners in every city you visit. Some cities will skew towards bottom and mid-tier expats, whilst others will have more of the top-tier individuals. This depends a lot on your field, and the location also.

In competitive cities, which university you go to, what you do, what field you’re in, what you earn and most importantly your personality, will all come into play when it comes to so many areas of your life. Weather its meeting new people, job interviews, dating or general respect amongst the community.

A recent example is of a lower tier individual I met through some friends on a night out a couple years ago. This guy was basically hitting 30, smoked weed non-stop through his early 20s, finally graduated school at 27, was a total loser back home working in retail and now was doing some customer service gig abroad which was the pinnacle for him. He was banging foreigner chaser sluts in our city that were considered the lowest rung of girls available and barely a step up from jerking off (assuming you didn’t cop an STD in the process of banging).

But for him, this was heaven. Coming from a total dump of a city, being a basement dweller with no motivation – being in a foreign country with low hanging fruit as women and a somewhat stable income (Albeit zero progression or respect) was great. There was no sense of achievement, nor a sense of development that drove him to excel in any task, it was merely just putting in the bare minimum, grinding to the weekend then boozing, weeding, gaming until Monday. It was sad, and I knew I simply can’t get along with scrubs such as these.

And nor should anyone. As they say “You are the average of the five people you spend the most time with”.

Cut the filth, keep the quality. Aim high as you can, dare to dream.

How Cuckolded is Melbourne?

Australia, more specifically the city of Melbourne is potentially up there with heavily Cuckolded regions such as Scandinavia, US and Canada.

Recently, a thread posted in forum disclosed great areas to meet women, at most it’s locker room banter amongst men discussing their thoughts and outcomes at potentially meeting suitable women for dating. This is a normal phenomenon amongst humans.

Now the leftoid media in Melbourne has somehow linked (go figure how?!) asking a girl out to a string of violent murders that have taken place in Melbourne over the last year or so.

The source of this seems to be a freakshow feminist (Again, surprise!)

freakshow

In 2019, making conversation with a girl as a heterosexual male is creepy, misogynistic and rape.

Annotation 2019-06-02 152127

An unnerving guide on how to target women in Melbourne is making the rounds

https://7news.com.au/news/online-forum-on-where-to-approach-solo-women-is-terrifying-melbourne-residents-c-139964

More stories have been published…

“THE HORRIFYING MELBOURNE-BASED MISOGYNIST FORUM”
http://www.kiis1011.com.au/newsroom/the-…-in-public

“Pick-up artists share creepy list of public venues to approach ‘targets’”
https://www.news.com.au/lifestyle/real-l…c2ae44b9d4

“Creepy guide on how to target women in Melbourne surfaces online”
https://www.abc.net.au/triplej/programs/…e/11165648

“If You’re Checking Out A List On Where To Randomly Approach Women, You’re A Jerk”
https://goat.com.au/feminism/if-youre-ch…ure-a-jerk

“A Supremely Grot Pick-Up Artist ‘Guide To Melbourne’ Has Been Reported To Police”
https://www.pedestrian.tv/news/pick-up-a…to-police/

“Creepy ‘pick-up artist’ guide revealing the top places to meet women in Melbourne sparks outrage – but the authors are more worried about ‘male feminists'”
https://www.dailymail.co.uk/news/article…ourne.html

On Facebook, a group said the data sheets targets women “for murder”
https://zh-cn.facebook.com/TheREDHEARTCa…1863626518

 

And the cuckfuck media gobbles it up to shit out these above articles.

And given how cuckolded universities are, they side with the freakshows:

Annotation 2019-06-02 151753

It’s always the undesirable leftovers that complain the hardest about “rape culture” and “Creepy men” perhaps it’s their justification of never getting any male attention. It’s just like how Children sabotage their friends when they are enraged, “If I don’t get any attention, nobody does!”

Fuck that shit.

It’s also convenient how the African immigrants causing crimes targeting international students are totally forgotten:

Youth gangs target international students at an elite Melbourne university as they’re robbed and bashed in sickening string of attacks

– A number of international students are being mugged around Monash University
– In the last 18 days police have been notified of 13 separate attacks on people
– Some people are even assaulted after they hand over their belongings to thugs
– Police in Melbourne are chasing a number of suspects of African appearance

A growing number of international students at an elite Melbourne university are being violently robbed.
Chinese students at Monash University are falling victim to gang violence in the suburban suburb of Clayton – having their wallets, phones and credit cards stolen.
In the last 18 days police have been notified of 13 separate attacks on people as young as 19 to as old as 55, the Herald Sun reported.
Kuan Gao, a 19-year-old Chinese student, had his iPhone and wallet stolen from him by three African men at night when he was walking near the university on April 18.

‘They said very urgently “give us your wallet.” In the meantime, one guy asked me to reset my iPhone settings. I knew they were going to rob me,’ Mr Gao said.
He said he wasn’t able to run away because they blocked him, and the road was too long.
The mugging problem in the area is so bad that there’s even posters telling people to beware of thugs.
‘Warning: Take care when walking through laneway. There have been several incidents of ­assault and burglaries,’ the sign reads.

Mr Gao said he is now forced to take Ubers home at night, as he needs to walk down the dangerous alleyway to get home.
Another student was mugged at knifepoint near the campus a month earlier, where his attackers even stole the jacket and shirt from his back after taking his brand new iPhone XR.
Some of the victims were subjected to assaults even after giving up their valuables.

https://www.dailymail.co.uk/news/article-7096241/International-students-Australian-university-robbed-bashed-recent-attacks.html

Our cuckfuck overloads continue to push the #diversityisstrength notion whilst forgetting the downside risk in letting the lowest rung of migrants pollute the population. Instead, the war on men continues as a substitute to attack whenever possible.