When I went through college and even through my first year as an investment banker, I had absolutely no idea what the main differences were between all the various buyside roles. At first, I was a little surprised to hear that practically everyone wanted to move to the buyside. It was the promise land they […]
Why I Quit a $500K Per Year Job
Growing up I had dreams of becoming rich, having a large mansion and having the freedom to do whatever I wanted to do whenever. I was never exposed to true wealth, so as a kid my perception of the rich were those making ~$200-400K per year (essentially doctors, lawyers, etc.) who lived in the large […]
Investing Banking, Private Equity and Hedge Fund Salaries and Bonuses
Practically everyone is initially drawn to a finance career because of the money, which seems to be all that college students care about nowadays. Most are broke, have a bunch of student loans and do not know exactly what they want to do in life. So the safest and riskless solution is to find the […]
Exit Opportunities at Hedge Funds vs. Private Equity
You may be wondering why anyone would ever consider leaving the buyside after putting in all that hard work to break in. While it may not make sense to you now, there are a ton of people I know who ended up being disappointed after transitioning to the buyside. Many finance professionals (myself included) aimlessly […]
The Step-by-Step Guide to Landing a Hedge Fund Job
Getting a job as an investment banking analyst is so much easier than transitioning to a hedge fund. Most banks really only care if you are smart, hardworking and easy-going. Since most view it as a two years and out program, banks can afford to make a few hiring mistakes along the way. Hedge funds […]
Life on the Buyside at a Multi-Manager Hedge Fund
Imagine this… You land a lucrative job at an investment bank, work your tail off for two or three years and count the days until you finally get to start your buyside gig. Your last day finally comes, you go on vacation for a few weeks and then you finally start that amazing role you […]
The Basics of Working at a Multi-Manager Hedge Fund
Finally made it to the buyside. After working grueling hours in banking for two years, it is finally time to start working market hours while making more money than you could ever dream of. Ah, if it could just be that easy. Before I joined my first hedge fund job at a large multi-manager (think […]