The Wall Street Skinny

INDUSTRY S1E8 | "RIF Day":  Buy the Dip, Short the VIX, F**K Bitcoin


Listen Later

Send us a text

In this episode, we dive into the financial concepts and themes explored in the Industry season finale, "Reduction in Force." RIF day at PeerPoint brings decisions that reveal the power dynamics between the firm’s old guard and the new wave of leadership. We analyze the mechanics of RIF day, exploring how performance reviews, client relationships, and strategic alliances influence hiring decisions in a competitive environment.

This episode also unpacks trading floor terminology like market liquidity and circuit breakers. We break down the dynamics of thin liquidity and how it amplifies market volatility, with real-world examples from events like the 1987 crash and the COVID-19 market turbulence. Additionally, we explore the role of sales in finance, debating whether relationship-building and charm can truly compensate for technical expertise.

Finally, we discuss the broader implications of mentorship, power struggles, and the shifting culture in finance. From the tension between Harper and Daria to Eric's controversial return, we highlight the complexities of leadership styles and career survival in high-pressure roles. Join us as we dissect the intersection of finance, workplace politics, and character development in one of Industry's most pivotal episodes.

If you're here for the finance or just fascinated by the fast-paced world of investment banking, this episode offers a deep dive into the lessons and realities of life on the trading floor.












For 20% off Deleteme, use the code TWSS or click the link HERE

Shop our Self Paced Courses:

Investment Banking & Private Equity Fundamentals HERE
Fixed Income Sales & Trading 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. (Learn more HERE)

...more
View all episodesView all episodes
Download on the App Store

The Wall Street SkinnyBy Kristen and Jen

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

215 ratings


More shows like The Wall Street Skinny

View all
Exchanges by Goldman Sachs

Exchanges

980 Listeners

Masters in Business by Bloomberg

Masters in Business

2,168 Listeners

Odd Lots by Bloomberg

Odd Lots

1,867 Listeners

Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

Capital Allocators – Inside the Institutional Investment Industry

796 Listeners

Wall Street Breakfast by Seeking Alpha

Wall Street Breakfast

1,033 Listeners

Making Sense by J.P. Morgan

Making Sense

59 Listeners

The Compound and Friends by The Compound

The Compound and Friends

2,115 Listeners

Thoughts on the Market by Morgan Stanley

Thoughts on the Market

1,298 Listeners

Dry Powder: The Private Equity Podcast by Hugh MacArthur, Bain & Company

Dry Powder: The Private Equity Podcast

145 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

349 Listeners

FICC Focus by Bloomberg Intelligence

FICC Focus

30 Listeners

The Insight by Oaktree Capital by Oaktree Capital

The Insight by Oaktree Capital

21 Listeners

The Markets by Goldman Sachs

The Markets

76 Listeners

The View From Apollo by Apollo Global Management

The View From Apollo

24 Listeners

The Credit Edge by Bloomberg Intelligence by Bloomberg

The Credit Edge by Bloomberg Intelligence

25 Listeners