I was out last night having drinks with a few energy traders at aI am applying to for an entry level position. Clearly these guys make a lot of money especially the owner.
After some drinks one of the traders said, "Listen this is an opportunity of a lifetime, I made a $1.5mm bonus last year and this year it will be closer to $2mm." On top of that his base is 150k
The fund is not in a big city, or wealthy area, and adjusted for cost of living that's more like $4-5mm bonus in NYC and 350k base.
With the opportunity in 2 years to become a trader I obviously was shocked at that number.
Is that a real figure? or was that booze and bullshit talking?