Gautam worked as an investment banking analyst at Citibank in Mumbai for 3 years, then as a senior analyst at Deutsche Bank in Mumbai, London, and Hong Kong for 4 years; throughout 7 years of investment banking, he made decent salary but was unhappy because the field has perverse incentives and incentive cost bias.
factualpending
Speaker
Gautam BaidEvidence Quote
“I worked for three years as an investment banking analyst... I joined Deutsche Bank as a senior analyst... four years... not really happy with the work... the field of investment banking is basically characterized by a lot of perverse incentives [2:35]”
Source
Investing in Quality Businesses & the Art of Lifelong Learning w/ Gautam Baid (TIP566)— The Investor’s PodcastCreated: 8/12/2026, 10:28:19 PM
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