The Wall Street Skinny
This podcast is a smart and entertaining peek into the world of investment banking, sales & trading, private equity, hedge funds and more. Hosted by two lifelong friends with a passion for teaching, and over two decades of experience on Wall Street. Discover the basics, ranging from “what is investment banking?” to “what moves markets?". Learn about different roles and exit opportunities, and get tips on how to land the job. Our mission is to make the world of Wall Street accessible to everyone, while keeping things relatable and fun.
Whether your goal is to work on Wall Street, or if you have NO idea what any of those things are and just want to learn some basics, this podcast is for you.
The Wall Street Skinny
135. Industry S2E1 “Daddy”: Block Trades, CDS, Work From Home and Office Politics
In this episode of the unofficial companion podcast to HBO Max's hit show "Industry", Jen and Kristen dive into the premiere of Season 2, titled "Daddy." They provide a deep analysis of critical finance concepts such as block trades, sales credits, credit default swaps (CDS), and the impact of market volatility on trading desks. The duo examines how the show accurately portrays the challenges of navigating market disruptions, client relationships, and the competitive dynamics between sales and trading teams.
A significant portion of the discussion revolves around the show's depiction of the COVID-19 pandemic's impact on financial markets. Jen and Kristen offer expert commentary on the logistical challenges faced by trading desks during the market turmoil of 2020, including disaster recovery setups, the rapid adaptation to remote trading, and the implications for risk management and profitability. They also discuss how cultural shifts have altered workplace dynamics and the pressure to produce results in an evolving industry.
Throughout the episode, Jen and Kristen analyze key plotlines, such as Harper's strategic positioning to land major clients, Robert's journey to assert his role in sales, and Yasmin's navigation of internal politics and client management. They provide sharp insights into the nuanced world of high finance, offering listeners an in-depth look at the industry's complexities and what it takes to succeed.
Check out Public.com at the link http://public.com/wallstreetskinny
For more information about Kaplan, visit the link HERE
Join our PE / IBD January 23rd Masterclass HERE
Our Investment Banking and Private Equity Foundations course is LIVE:
Or for our "Express Workout", our one hour top 5 technicals you must know for investment banking Masterclass, purchase for $49 HERE
Our content is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Public Disclosure: All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Public Investing offers a High-Yield Cash Account where funds from this account are automatically deposited into partner banks where they earn interest and are eligible for FDIC insurance; Public Investing is not a bank. Cryptocurrency trading services are offered by Bakkt Crypto Solutions, LLC (NMLS...
