The Wall Street Skinny
Kristen and Jen
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.
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Top 10 The Wall Street Skinny Episodes
Goodpods has curated a list of the 10 best The Wall Street Skinny episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to The Wall Street Skinny for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite The Wall Street Skinny episode by adding your comments to the episode page.
119. Top Tips for Success from Blackhawk Pilot Turned Investment Banker
The Wall Street Skinny
12/07/24 • 71 min
This episode features Frank Van Buren, a former Blackhawk helicopter pilot and U.S. Army Chief Warrant Officer, who shares his journey from the military to a 26-year career in investment banking at Wells Fargo. Frank offers valuable insights on leveraging military experience in finance and provides advice for veterans and older individuals transitioning to investment banking. He emphasizes the importance of storytelling, aligning career choices with personal strengths, and getting creative to overcome job market challenges. Frank also discusses his new book, "Lessons from the Cockpit", and announces an upcoming seminar designed to help aspirants succeed on Wall Street. Additionally, the episode highlights Frank's experiences, the interviewer's inquiries about veteran program resources, and the crucial role of soft skills in finance.
To Register for Wall Street Decoded December 17, use the link below.
https://frankvanburen.com/wall-street-decoded/
Code "TWSS" will get you 10% off!
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Our Investment Banking and Private Equity Foundations course is LIVE:
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Or for our "Express Workout", our one hour top 5 technicals you must know for investment banking Masterclass, purchase for $25 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.
51. Private Wealth Management "PWM" 101 (for the Ultra Rich) Feat. Tony Abbiati
The Wall Street Skinny
03/09/24 • 67 min
Managing the wealth of the world's richest clientele is an exciting, prestigious, high stakes business. We sat down with Tony Abbiati, CEO of SCS Financial, an ultra high net worth private wealth management firm to understand the business model of RIAs (Registered Investment Advisors) vs. banks and broker dealers, the demands and challenges of these clients, the path to breaking into the business and achieving success, and the crazy things you may have to do in the name of client service!
Tony co-founded SCS Financial Services in 2002. He has over 22 years of experience in the investment business. Prior to SCS, he was a Vice President in the Private Wealth Management Group of Goldman Sachs. Tony began his career at Biogen, Inc. as a process engineer. Tony is actively involved in Year Up, a Boston based non-profit focused on empowering urban young adults. Tony earned a BA in Biochemistry from Bowdoin College and an MBA from Duke University’s Fuqua School of Business.
FREE LIVE Advanced Excel for IB Masterclass | December 15th at 10am EST
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Our Investment Banking and Private Equity Foundations course is LIVE:
Learn more HERE
Or for our "Express Workout", our one hour top 5 technicals you must know for investment banking Masterclass, purchase for $25 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.
100. The Fed, Interest Rate Sales, and Asset Management
The Wall Street Skinny
09/20/24 • 76 min
You've seen all over the financial press that the Federal Reserve cut its key interest rate 50 basis points at its meeting last week. And you've heard economists yapping in the news about "hard landings" and "soft landings" for the economy. But what does that actually MEAN?
We break it all down with none other than Jamie Patton, co-head of Global Rates at TCW, a $200bn multi-asset manager headquartered in California. Jamie started her Wall Street career in Interest Rate Sales at Lehman Brothers, then moved to Barclays Capital before exiting to a role managing Wells Fargo's Bank Portfolio and subsequently joining TCW.
Sure you've heard from Jen a bunch about the lifestyle on the trading floor, but Jamie brings a hilarious and raw perspective sharing her experiences of getting screamed at by clients...and ultimately finding her own voice. Jamie is an expert not only in all things interest rate related, but also talks us through what it takes to succeed in Fixed Income Sales & Trading, what the exit opportunities from those jobs are and how to navigate them, and what it's like having kids and moving from more junior to incredibly senior high finance roles as a mother of three.
Jamie also gives us insight into what a career at an asset management firm looks like and whether a CFA might help you edge out the competition for the role you want.
Jamie Patton is a Specialist Portfolio Manager in the Fixed Income group and is Co-Head of Global Rates. She is responsible for the portfolio management of U.S. Treasuries, global sovereign bonds, TIPS, agencies, money market instruments, commodity strategies, and derivatives. In conjunction with the generalist portfolio managers, she implements decisions on duration and yield curve across our products. Ms. Patton joined TCW in 2022 from Wells Fargo where she ran the enterprise’s Derivative Trading and Hedging Strategy team. Prior to joining Wells Fargo in 2017, Ms. Patton spent 13 years at Lehman/Barclays focused on interest rate and foreign exchange products. She sits on the board of the Police Activities League, a non-profit organization with the goal of empowering and enabling economically disadvantaged students to capitalize on opportunities for advancement. Ms. Patton holds a BS in Computer Science from Princeton University and is a licensed private pilot.
FREE LIVE Advanced Excel for IB Masterclass | December 15th at 10am EST
Register HERE
Weekly newsletter | Sign up HERE
Our Investment Banking and Private Equity Foundations course is LIVE:
Learn more HERE
Or for our "Express Workout", our one hour top 5 technicals you must know for investment banking Masterclass, purchase for $25 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.
99. Financial Modeling & Excel 101 x Macabacus!
The Wall Street Skinny
09/14/24 • 60 min
Our nerdiest episode ever, and we’re darn proud of it. Today we’re diving into Microsoft Excel and its role in Investment Banking.
We’re discussing financial modeling, Excel culture, mechanics, best practices, and productivity enhancing tools like Macabacus, the gold standard for Investment Bankers around the world.
Kristen gives a crash course in how to set yourself up for success, answering questions like "do I need to use a Mac or a PC?", "do I need an external keyboard?", "how can I memorize shortcuts?", and of course: "how do I get faster in Excel?".
We then sit down with Macabacus founder and CEO Ryan MacGregor and Rahul Gill, Director of Product & Customer Enablement, to explore the role of productivity add-ins that will make you feel like an insider before you ever set foot in an Investment Bank. Tools like these can be the critical edge for a candidate looking to differentiate themselves and get up the curve faster than the competition.
Ryan MacGregor is a serial entrepreneur and former investment banker (Credit Suisse and Lehman Brothers), who earned an MBA from the University of Chicago Booth School of Business after serving in the U.S. Navy as a submarine officer. He founded and served as CEO of Macabacus, which was acquired by Corporate Finance Institute® (CFI) in 2021. Ryan currently heads CFI’s enterprise software division and is the driving force behind Macabacus’ business, sales, and product strategies.
For a free trial of Macabacus, click here: https://macabacus.com/free-trial?_gl=1*s5fo4c*_up*MQ..&gclid=EAIaIQobChMIoKvq8qDBiAMV8jnUAR377wk3EAAYASAAEgJiTPD_BwE&gbraid=0AAAAADpwqK6JTQnNUUfvywGjdwkBhWVjp
FREE LIVE Advanced Excel for IB Masterclass | December 15th at 10am EST
Register HERE
Weekly newsletter | Sign up HERE
Our Investment Banking and Private Equity Foundations course is LIVE:
Learn more HERE
Or for our "Express Workout", our one hour top 5 technicals you must know for investment banking Masterclass, purchase for $25 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.
49. Project Finance 101 & Infrastructure Investing Basics
The Wall Street Skinny
02/24/24 • 39 min
What is Project Finance? In this episode, we are joined again by Rahul Culas, Julie Kim, and David Albert to get into the basics of this sector of Investment Banking. We explain what project finance is and why it's used, how it differs from the types of financing that traditional companies do, who uses project financing, who invests in project financing and more. We explore what the career path can look like from sell side Project Finance within the Investment Banking or Capital Markets division of a bank to energy and infrastructure investing at a buy side Private Equity firm.
This episode is also an incredible deep dive into the role of relationships and mentors within the industry. You'll hear the crazy story of how Rahul and David moved heaven and earth to bring Julie with them when they moved from Morgan Stanley to Carlyle Group, one of the world's most prestigious Private Equity megafunds.
Rahul Culas is Partner at 1585 Healthcare, an investment firm focused on healthcare services investments. Formerly, Rahul was a Partner and Managing Director at The Carlyle Group, where he co-headed funds dedicated to energy investments. Prior to Carlyle, Rahul was Head of Structured Power Finance at Morgan Stanley. Earlier in his career, he worked at Goldman Sachs in the Fixed Income Currency and Commodities Division. Rahul graduated with a Bachelor’s in Mechanical Engineering from the Indian Institute of Technology (“IIT”), Bombay, and a Masters in Human Computer Interaction from the School of Computer Science at Carnegie Mellon University
Julie Kim is Partner at 1585 Healthcare. Formerly, Julie was a Principal at The Carlyle Group, where she played the dual role of being on the investment side as well as the Chief Operating Officer of funds dedicated to energy investments. Prior to Carlyle, Julie was an associate in Project Finance at Morgan Stanley. Earlier in her career, she worked in the Equity Derivatives group in Equity Capital Markets at Morgan Stanley. Julie graduated with a BS in Math and Finance from MIT.
David Albert is Partner at 1585 Healthcare. Formerly, David was a Partner and Managing Director at The Carlyle Group, where he co-headed funds dedicated to energy investments. Prior to Carlyle, David was the Head of Tax Equity and Project & Structured Finance at Morgan Stanley. Earlier in his career, he worked at Morgan Stanley in the M&A group and Princes Gate Investors, a private equity fund within Morgan Stanley. He started his career at Salomon Br
FREE LIVE Advanced Excel for IB Masterclass | December 15th at 10am EST
Register HERE
Weekly newsletter | Sign up HERE
Our Investment Banking and Private Equity Foundations course is LIVE:
Learn more HERE
Or for our "Express Workout", our one hour top 5 technicals you must know for investment banking Masterclass, purchase for $25 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.
105. Private Equity 102: Value Creation at a Megafund
The Wall Street Skinny
10/12/24 • 56 min
We've talked a lot about how Private Equity Megafunds approach valuation when they purchase companies through LBOs. And we've spoken about their exits, either through IPOs or PE Secondaries.
But we've never really talked about what happens during the YEARS in between! How do Private Equity companies actually grow their portfolio companies over the life of their investment? Enter: the portfolio group or operations team.
This group works closely with executives at the portfolio company itself, along with the valuation and deal teams. This team is generally separate from the deal team within Megafunds, though many roles may have significant overlap at smaller firms. At a Megafund, this role differs considerably in terms of skills set, background, and career path. Instead of a conveyor belt path through Investment Banking, this group looks for for skilled consultants and experienced corporate executives. It can be a fantastic entry point into Private Equity for older candidates with more experience in the workforce.
Today, we sit down with Florence Evina-Ze, an SVP at Bain Capital, to discuss the recruiting, career path, skills set, and lifestyle associated with this particular vertical.
Florence also shares her perspective as an underrepresented minority in the industry. She discusses specific programs that were instrumental to her success, the critical role of mentors, and her inspiring approach to helping others follow in her footsteps.
Florence Evina-Ze joined Bain Capital in 2021. She is a Senior Vice President in the Portfolio Group and a member of the North America Private Equity team. Prior to joining Bain Capital, Florence worked at IPSY. Previously, she was a consultant at McKinsey and Deloitte where she focused on industrials and consumer/retail. Florence earned an MBA from Harvard Business School and SB in mechanical engineering from Harvard College.
FREE LIVE Advanced Excel for IB Masterclass | December 15th at 10am EST
Register HERE
Weekly newsletter | Sign up HERE
Our Investment Banking and Private Equity Foundations course is LIVE:
Learn more HERE
Or for our "Express Workout", our one hour top 5 technicals you must know for investment banking Masterclass, purchase for $25 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.
20. FIG Banking & More Feat. Anish Mitra
The Wall Street Skinny
08/05/23 • 63 min
When you hear talking heads yelling at you or see a crazy meme on the internet telling to buy or sell a stock, how do you know if they are right or wrong? Today we sit down with Anish Mitra, host of the hilarious podcast Laughing Stocks to discuss his journey through FIG Banking, investing in Goldman Sachs' reinsurance group (now Global Atlantic, part of KKR), and talent development at Goldman Sachs before venturing into the world of comedy and content creation. Anish explains how FIG banking differs from traditional banking (hint it doesn't really), how the foundational training on Wall Street gives you a toolkit with which to analyze companies and form investment theses, and we hear some crazy stories from back in the day when Kristen actually interviewed Anish for a job at Morgan Stanley Sales and Trading. Spoiler alert: it didn't go well.
Anish graduated from Brown in 2010, worked in FIG banking at Barclays then moved to a buyside role at Goldman Sachs (now Global Atlantic, part of KKR), then to talent management at Goldman Sachs when he finally left the finance world to pursue a career in comedy. He now combines all his interests: finance, education and comedy as a content creator. You can find him on Instagram and TikTok at anishkmitra and on LinkedIn, and his podcast Laughing Stocks on your favorite podcasting platform.
FREE LIVE Advanced Excel for IB Masterclass | December 15th at 10am EST
Register HERE
Weekly newsletter | Sign up HERE
Our Investment Banking and Private Equity Foundations course is LIVE:
Learn more HERE
Or for our "Express Workout", our one hour top 5 technicals you must know for investment banking Masterclass, purchase for $25 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.
122. Equity Sales & Trading 101 with Enis Taner
The Wall Street Skinny
12/14/24 • 85 min
In this episode we are joined by Enis Taner, a seasoned professional in the field with nearly two decades of experience. He breaks down everything we want to know about being an equities derivatives trader, from the day-to-day responsibilities of an options trader to the differences in work culture between major financial hubs like New York City and Houston. Enis provides a comprehensive look at the career paths available in equity sales and trading.
The discussion also covers the evolving landscape of equity markets, the role of market makers, and the impact of technological advancements on trading. Enis shares valuable insights into the risks and rewards of trading single stock options, the importance of understanding volatility, and the unique challenges posed by events like GameStop's historic short squeeze and the volatility in names like MicroStrategy. Whether you're a finance professional or just curious about the inner workings of the stock market, this episode is packed with valuable knowledge and expert perspectives.
Enis Taner was an equity derivatives trader at at top banks including Merrill Lynch, Goldman Sachs, and Jefferies. A graduate of Brown University with a degree in Applied Mathematics and Economics, his expertise has been recognized through his contributions to CNBC where he discussed his market views on several shows including Fast Money, Halftime Report, and Closing Bell. Enis grew up in Tulsa, Oklahoma, and lives in Hoboken with his wife and two daughters.
FREE LIVE Advanced Excel for IB Masterclass | December 15th at 10am EST
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Weekly newsletter | Sign up HERE
Our Investment Banking and Private Equity Foundations course is LIVE:
Learn more HERE
Or for our "Express Workout", our one hour top 5 technicals you must know for investment banking Masterclass, purchase for $25 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.
121. The Skinny On...Mondelez's Failed Bid for Hershey, Kroger's Failed Bid for Albertsons, & Hawk Meme Coin
The Wall Street Skinny
12/12/24 • 33 min
On this episode of 'The Wall Street Skinny' we delve into two failed acquisitions, starting first with the failed Mondelez-Hershey deal. We get into the structure of Hershey's voting shares, the history of Kraft and Cadbury's contentious acquisition, and the strategic implications of consolidating consumer goods giants. Learn about the rationale behind mergers, the hurdles they face, and the implications for shareholders and market dynamics.
We also share our thoughts on the recent hawk tuah girl meme coin debacle, and chat about the stark contrasts between the heavily regulated world of traditional finance and the wild west of cryptocurrencies.
FREE LIVE Advanced Excel for IB Masterclass | December 15th at 10am EST
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Weekly newsletter | Sign up HERE
Our Investment Banking and Private Equity Foundations course is LIVE:
Learn more HERE
Or for our "Express Workout", our one hour top 5 technicals you must know for investment banking Masterclass, purchase for $25 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.
44. Search Funds 101: The Best Kept Secret in Private Equity
The Wall Street Skinny
01/20/24 • 60 min
Ever heard of a Private Equity "search fund" aka entrepreneurship through acquisition? Well, we hadn't either... until this episode! Search funds are a relatively little-known but incredibly exciting and highly profitable niche within the private equity investment space.
Our guest, Nate Wasson, co-founder of growth equity firm Hal-Bar Partners, joins us to explain how Search Funds work and explore themes of entrepreneurship through acquisition. We discuss everything ranging the path to a career within one of these funds which is very different from the traditional Private Equity model, the role and mechanics of family offices in the financial ecosystem, values-based investing and so much more.
This episode is a MUST LISTEN for anyone curious about impact investing or anyone who is an experienced operators considering making a career switch. One of our most fascinating and important episodes ever!!
If you are interested in learning more about HalBar partners, please click here: https://halbar.io/
Nate Wasson is the co-founder of HalBar Partners, a growth-equity firm and is the co-founder and principal member of Alvearia, a family office co-investing community.
Nate has over 20 years of expertise advising investors and family offices, as well as their portfolio companies and mid-market businesses. His experience lies at the intersection of institutional family enterprise, investment management, and impact strategy for both national and international investors. Nate spent his early career in investment management, business banking, and as a JPMorgan consultant; he led teams ranging in size from two to 200. Nate later served as a Principal and Managing Director for Bank of Montreal’s US Private Bank, where he was involved in security selection, portfolio construction, marketing, operations, management, and investment product evaluation. After leaving Bank of Montreal, Nate developed the Midwest family office practice for Capital Group; there, he developed investment strategy for pre-institutional family offices focused on both public and private opportunities. He later joined Silicon Valley Bank to develop their institutional investment platforms, modern family office practice, and ESG investing strategy.
He serves as a subject matter expert in private equity, secondaries, ESG, and portfolio construction. Nate holds an undergraduate degree from Valparaiso University and an MBA from the Yale School of Mana
FREE LIVE Advanced Excel for IB Masterclass | December 15th at 10am EST
Register HERE
Weekly newsletter | Sign up HERE
Our Investment Banking and Private Equity Foundations course is LIVE:
Learn more HERE
Or for our "Express Workout", our one hour top 5 technicals you must know for investment banking Masterclass, purchase for $25 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.
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FAQ
How many episodes does The Wall Street Skinny have?
The Wall Street Skinny currently has 122 episodes available.
What topics does The Wall Street Skinny cover?
The podcast is about Investment Banking, Career, Wall Street, Hedge Fund, Investing, Private Equity, Podcasts, Finance, Trading, Business and Careers.
What is the most popular episode on The Wall Street Skinny?
The episode title '48. Healthcare Private Equity Investing' is the most popular.
What is the average episode length on The Wall Street Skinny?
The average episode length on The Wall Street Skinny is 54 minutes.
How often are episodes of The Wall Street Skinny released?
Episodes of The Wall Street Skinny are typically released every 6 days.
When was the first episode of The Wall Street Skinny?
The first episode of The Wall Street Skinny was released on Apr 3, 2023.
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