I want to work at HF. How?
Incoming IB SA. Haven’t really given much thought past getting an internship over the past couple months but think working at HF would be very interesting. What’s the typical path to one of the better seats? Thanks!
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some self-directed research skills might help
He’s being serious. People don’t just wake up one day and say they want to work at a HF.
I mean they might, but one would hope a budding research analyst would be familiar with the Google search function...
I literally say in my post that I haven’t put much thought into it. Not something I just woke up and decided to do. I enjoy following the macro environment and am an econ major. Why would I not go on the forum where people are at a place I’m interested in generally and just ask. Don’t see the harm in that
It's called Google, use it, read it. Then come back and ask better questions.
General practice on internet forums is to use the search function before you post or at least try do some research first so that your question isn’t overly broad.
Because 1) it's lazy and 2) if you ask shitty questions you'll get shitty answers.
On 1), if you really want to be in the HF game (or any investing for that matter) it's all about doing deep research to develop some unique insight you think you can profit off of. Guys who get paid to do this kind of deep work 70+ hours a week will get annoyed if you tell them you want to break into their industry but don't show you've already done some kind of similar research into the industry itself. Is it fair? I could argue both sides but the point is you're going to annoy buyside folks if you come across as lazy. Period.
On 2) your question is so broad and surface level I don't even know where to begin with an answer even if I wanted to be helpful. Why do you want to be a HF analyst? What about the job excites you? What specific strategies are you interested in? My advice to you will be totally different if you tell me you really want to do merger arb vs. L/S equity vs. distressed credit etc. You'll learn this in your upcoming SA but there's a saying on the street of "garbage in, garbage out" which means if you start with shitty inputs (your generic question in this case) you're basically guaranteed shitty outputs (unhelpful answers here).
I and many others on WSO like to be helpful but you gotta help us help you, man.
If you expect others to tell you step-by-step how to do something, you should consider another career path. You are welcome.
depends on the hedge fund strategy, a long/short equity fund does different things to a rates RV shop which does different things to systematic quant fund.
Your post doesn't really specify anything
.
Read "The Intelligent Investor" - hope that helps and good luck
Thanks!
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