Think long and hard about the path to "elite" universities to grab the brass ring on Wall Street

He jumped off his building after a night of binge drinking and doing cocaine. His job may have pushed him to more substance abuse, but he was prone to it before he enter the business.
I was an associate at a white shoe firm in my 20s. I worked from 8-9pm regularly. I would turn down assignments because I was filled (our work was generally give out by assignment associate). At the same time, I had a colleague who could never say no. He would work weekends, and almost missed his best friend’s wedding. He was so afraid if he ever said no, he would miss out on a big deal. But at our annual year end review, I would consistently do better than him because I was able to do very well on every deal I was on, whereas he was too spread too thin.

I give the same advice to D1. Work hard, but at some point it is ok to say no. As an example, when asked to work on a deck over the weekend, ask if you could do it at home. D1 is fairly forceful in getting everyone’s feedback on a deck by Fri, so it could be done the weekend.

It is a matter of choice in life. They don’t pay those young people few hundred thousand $$ so they could work 9-5. If they are not mentally prepared to do it, there are other options. By the time they are VP and up, hours generally get better.