Best type of buyside firm to make most compensation - pe vs hf and debt vs equity
A lot of the billionaires in finance are l/s equity or large cap pe guys. Does this means that these are the best types of funds to become very rich? If not, what are the best buyside investment strategies to become rich?
Equity also has higher returns than debt so I assume equity guys make more?
Basically, do higher returns mean higher comp?
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