The Way of the Wall Street Warrior

The Way of the Wall Street Warrior
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A Wall Street Insider's Guide to getting ahead in any highly competitive industry "Dave learned how to win in investment banking the hard way. Now he is able to share tools that make it easier for budding bankers and other professionals to succeed." —Frank Baxter, Former CEO of Jefferies and U.S. Ambassador to Uruguay "A must-read for anyone starting their career in Corporate America. Dave's book shares witty and valuable insights that would take a lifetime to learn otherwise. I highly recommend that anyone interested in advancing their career read this book." —Harry Nelis, Partner of Accel and former Goldman Sachs banker In  The Way of the Wall Street Warrior , 25-year veteran investment banker and finance professional, Dave Liu, delivers a humorous and irreverent insider’s guide to thriving on Wall Street or Main Street. Liu offers hilarious and insightful advice on everything from landing an interview to self-promotion to getting paid.  In this book, you’ll discover:  How to get that job you always wanted Why career longevity and “success” comes from doing the  least  amount of work for the  most  pay How mastering  cognitive biases  and understanding human nature can help you win the rat race How to make people  think  you’re the smartest person in the room without actually  being  the smartest person in the room How to make sure you do everything in your power to get paid well (or at least not get screwed too badly) How to turn any weakness or liability into an asset to further your career

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Dave Liu. The Way of the Wall Street Warrior

Table of Contents

Guide

Pages

Praise for The Way of the Wall Street Warrior

THE WAY of the WALL STREET WARRIOR. CONQUER THE CORPORATE GAME USING TIPS, TRICKS, AND SMARTCUTS

Acknowledgments

About the Author

Introduction Game On

Unrig Your Mind

Built with Sweat, Backed by Science

Lessons from the Elephant Boy

Beat C-3PO

Notes

PART 1 Get in the Game

CHAPTER 1 Get Primed for Entry-Level Cattle Calls: Clean Your House

Scrub Those Leprotic Calluses

The TMZ Test

Key Takeaways

Note

CHAPTER 2 Don't Fight the Tape: Diligence Your Way to an Interview

Diligence to Death

Be a Troll

Key Takeaways

CHAPTER 3 Be the Holy Trinity of Deals: Your All-Important First Email

Make Me Give a Damn

Watch the Trapdoors

The Rule of Three

Go Out with a Bang

Key Takeaways

Notes

CHAPTER 4 Failure as Fertilizer: The Power of Persistence

Be Unus

Key Takeaways

CHAPTER 5 Strut Like a Peacock: Your First Impression Might Be Your Last

Find the Greater Fool

Wear Some Damn Socks

Master Half-Truths

Customize; Don't Compromise

Know Oliver Stone from Oliver Twist

Key Takeaways

Notes

CHAPTER 6 Ace the Personal Bake-Off: Interviewing as Performance Art

Show Time!

Super Saturday

The Inquisition

Key Takeaways

Notes

CHAPTER 7 Grownups Ask for Directions: Map the Salt Mine

Map Your Way to Greatness

Swallow the Red Pill

Banking for Dumbos

Key Takeaways

Notes

PART 2 Play to Win

CHAPTER 8 Your Career Isn't Just a Job; It's an Adventure: Stay to Win

Be Water

Who Moved My Caviar?

Slaving and Hazing and Crazing

Always Be Learning (ABL) so You Can Always Be Closing (ABC)

Key Takeaways

Notes

CHAPTER 9 People Are Irrational: Science Your Way Up

Get with the Program

Being a Smart Dummy

Key Takeaways

Notes

CHAPTER 10 Office Politics: Only Friends and Very Good Friends

Start Kissing Babies

Be a Street Dog

To What End?

Have a Shtick

Key Takeaways

Notes

CHAPTER 11 Be a Stork, Not a Pigeon: Bring Value, Not Diversion

Mind Your P's and Q's

Too Smart for Your Own Good

Mute That Crap

Welcome to 7-Eleven

Key Takeaways

Notes

CHAPTER 12 Quack Like a Duck: Learn the Lingua Franca

Speak the Lingo

Tap the Same Wavelength

Master the Unspoken

Key Takeaways

CHAPTER 13 Read the Room, Not the Prospectus: Profile Your Audience

Read Like an Open Book

Use What God Gave You

Check Out That Body

Practice Makes Perfect

Key Takeaways

Note

CHAPTER 14 Don't Walk Around Blind Without a Cane: Wake Up!

But I'm an Ostrich

Find Buried Treasure

What Could Possibly Go Wrong?

My Boss, the Bat

Key Takeaways

Notes

CHAPTER 15 Turn Liabilities into Assets: Harness Your Superpower

Houston, Do We Really Have a Problem?

Appearances Are Deceiving

Unleash Your Superhero

Word to My Peeps

Key Takeaways

Notes

CHAPTER 16 Laziness as a Virtue: Maximize Your ROTI

Smartcutter Extraordinaire

Key Takeaways

CHAPTER 17 The Minion-Circle: Find Your Master's Master

Your Master's Master

Master the Circle

Find Your Yoda

The Invisible Man Gets Fired

OK, Read the Prospectus

Key Takeaways

Note

CHAPTER 18 Get the Last Word and Drop the Mic: Recency Bias at Work

Nobel Prize–Winning Shit

Just the Two of Us

Deliver Shit Sandwiches in Person

If It Ain't Wrote, It Ain't True

Talk to Yourself

Key Takeaways

Note

CHAPTER 19 Get Paid Like a Player: Make F*ck-You Money

Herded Like Cattle

Prep Your Negotiation

Win the Zero-Sum Game

So How Much Are You Worth?

Millionaire Paupers

Tap the Whisper Wire

Go Shop Yourself

Lean on Yoda

Let the Games Begin!

Be a Long-Term Short-Timer

On Your Mark, Get Set, GO!

All Money Is Money

My Super-Secret Negotiating Strategy

The Post-Mortem

Key Takeaways

Notes

CHAPTER 20 Manage Your Way out of a Paper Bag: Get Others to Do Your Dirty Work

Find Those Ticks

Decoy Your Way into Heaven

Let Them Eat Cake

Eliza Effing Doolittles

It's a Tragedy … of the Commons

You're Yoda Now

Better Than Sex

Don't Be a B-Player

Escape from Alcatraz

Guanxi, Baby!

Key Takeaways

Notes

PART 3 Winning Time

CHAPTER 21 Win the Game of Thrones: Get Promoted in a Dog-Eat-Dog World

Prepare for Battle Royale

Specialize Your Way to Nirvana

Even Rocket Ships Need Janitors

Feed the Money Machine

Keep Your Head on a Swivel

Making My Own Destiny

They Don't Call It the Art of War for Nothing

Key Takeaways

CHAPTER 22 Check Yourself at the Door: Career Checklist

CHAPTER 23 Mastering Your Sermon on the Mount: Group Selling

Eye on the Prize

Key Takeaways

Note

CHAPTER 24 Congrats, You've Arrived: Now Get Back to Work!

Becoming a BSD

Perks, Perks, and More Perks

No Rest for the Weary

Trust Is the Coin of the Realm

Selling in a Game of Inches

Amateurs Negotiate Price; Pros Negotiate Terms

A Different Kind of Matrix

Practice, Practice, Practice

Keep That Thinking Cap On

Committed Enough to Be Committed

Key Takeaways

Note

PART 4 The Score

CHAPTER 25 Make a Deal with the Devil: A Very, Very Short Chapter on Ethics

What Would Christian Bale Do?

The Joneses

Run to Mommy

Key Takeaways

Notes

CHAPTER 26 Parlay Your Way to Success: Social Proof Yourself

Become a Kardashian

Weapon of Mass Destruction

Have You Arrived?

Key Takeaways

Notes

CHAPTER 27 Money Can Buy Happiness: Duh!

Don't Be a Creep

When Is Enough, Enough?

Pursuing Happiness

Key Takeaways

Notes

CHAPTER 28 Writing Checks Your Body Can't Cash: Mismanaging Your Life

Resident of Fat City

Spending Time in All the Wrong Places

The Work–Life Tradeoff Sham

Default Yourself

Key Takeaways

Notes

CHAPTER 29 It's Quitting Time: Exit the Stage

Why We Stay

The Talk

How to Leave

Key Takeaways

Notes

CHAPTER 30 The Afterlife: Now What?

Be a Hero

Key Takeaways

Conclusion

Note

Glossary

Index

WILEY END USER LICENSE AGREEMENT

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“As someone who has worked on Wall Street my entire career, I can definitively say that The Way of the Wall Street Warrior has some of the best tips for getting ahead. The humor and stories make for a fantastic read and I strongly encourage anyone at the start or mid-career to read this book and refer to it frequently as they try to climb the corporate ladder. You won't regret it!”

Tina Longfield, Managing Director, Trust Securities, formerly SunTrust Robinson Humphrey

.....

“If you want to skip ahead and condense 10 years of figuring out how to succeed in Corporate America into one year, read this book. Adopt the wisdom and insider secrets in this book and you'll blow past your peers. Don't play the same game as everyone else. Learn from those who have succeeded and you'll become your own unicorn.”

Edward Fu, President of Happy Masks and former Jefferies banker

.....

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