Comments on: The Secret Experiment I Just Performed On You – and Why You (Still) Shouldn’t Overestimate the Competition

By: M&I

M&I — Sun, 06 Dec 2009 11:53:07 +0000

Assume that most other people are clueless… most people have never even traded before.

By: Michael

Michael — Sun, 06 Dec 2009 02:16:59 +0000

Great post as always. This post and the comments that go along with it talk a lot about overestimating in the realm of networking. What about estimations on the qualifications of other summer internship applicants? I tend to assume that every other applicant enjoys following the markets and trading stocks/options as much as I do (which is a lot!). Is that accurate or are there people who just know i-banking can be lucrative and are going in somewhat blindly just to try it out?

By: M&I

M&I — Tue, 01 Dec 2009 03:05:25 +0000

I would not put it on your resume if it’s not related to business – honestly getting into finance at this point will be very, very tough unless you can get some type of unpaid / informal finance internship, which I would highly recommend… otherwise they will look at your resume and have no idea why you’re applying. Think about how to spin student groups / activities / anything outside of school/work into sounding relevant… independent study, trading, etc.