Vault

Can someone elaborate on this, please? Vault seems to have some interesting articles and (potentially) discussion on their forums. However, those bastards won't let me sign up for less than a six month subscription ($50, good god!). If the content is ubelievably good it might be worth it. Thoughts?



Edited 1 time(s). Last edit at Tuesday, September 12, 2006 at 11:20AM by mwr.
 
Vault is a bunch of college kids arguing about which banks make up the bulge bracket and if it's "sweeter" to work in sales and trading or ib. I've seen a few useful posts, but the signal / noise ratio is quite low.
 
vault is way too elementary. you're better off talking to people who work in the industry if you want the real meat. i agree with big nodge in that most of the people posting are relatively inexperienced or non-experienced.
 
far be it from AF to have lots of conversation regarding the age-old "can I make it on Wall Street with a 2.5 from McNeese State?" line...
 
that is a pretty good synopsis of vault pretty worthless and all collge sophomores arguing why goldman is the best thing ever
 
I actually find Vault to be very helpful. I use it mainly to read the employee surveys of smaller investment/research boutiques, to get a sense of compensation/morale.

The message boards aren't that informative. There are 10 questions asked for every 1 answer given, and many company boards suffer from grossly outdated information and a scarcity of posters. Although mostly useless, the boards can occasionally contain some tidbits of invaluable information --I saw a post that accurately described almost every question I was asked at a Lehman research associate interview.

In short, if you have a lot of industry contacts, and know how to play the game, then you probably won't gain much from a Vault subscription; for the rest of us (myself included), it can be a great resource.
 
deucefranchise Wrote:
-------------------------------------------------------
> that is a pretty good synopsis of vault pretty
> worthless and all collge sophomores arguing why
> goldman is the best thing ever


he he he... reminds me of something I read at leveragedsellout.com - that's a funny blog.


I signed up for vault, just to have the info available. It is interesting to look at the workplace evaluations, though they are likely biased toward people who are fed up and unhappy. It's difficult to tell if that's the fault of the firm or the individual writing the evaluation.

You can also get 25% off the electronic subscription to the Wall Street Journal. Ironically, that's the most lasting benefit of Vault that I've used.

I thought it was useful, but probably not worth the price. I learned some stuff from what I read, but I doubt I'd pay for it again.
 
Thanks all for the informative posts.

If vault is not the golden ticket, can someone recommend a resource for information about jobs on the buy side, specifically hedge fund equities analyst jobs? I know there has been some decent discussion of the topic on this board, but I am looking for a more concrete resource if one exists. I am looking to make a switch to the buyside in six months or a year after gaining a little more exposure to writing sell side reports and forecasting earnings.

Yes, yes, I've already been networking and asking professionals in the field...
 
If there is such a forum please post the link here, thank you
 
Albourne village has some news and discussion - not as interactive as AF, but more focused on the hedge fund world - village.albourne.com

Hedge Fund Forum made it into my bookmarks, but I haven't dug in deep:
http://@#$%&.com/

The Hedge Fund Association also looks like it has info
http://www.thehfa.org/


Personally, Albourne seems to be the most useful, though I don't see an active forum like this there. Maybe I haven't dug enough.
 
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