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1/13/13

Mod Note (Andy): by homepaging this we're not endorsing that this user actually is a HF principal. Just read through it and thought some of the comments are worth a laugh or two, enjoy

Always wanted to do one of these.

My background
- Graduated summa from one of HYPSW
- Spent 2 years in a very preftigious group at GS/MS/BX
- Moved to my current fund sometime between 2005 and 2008
- Been at the fund since

Fund is well known and mentioned in all your "top HF / which HF would you work at" type threads.

Ask away.

Comments (120)

Best Response
1/12/13

Then who are you trying to fool? Also, for anyone who claims from HYP, I know is certainly not from H. People like to include H in whatever catagory they are in. Take the words from a former Havard reject.

Seriously, this HYPSW s...tuff isn't all its cracked up to be. If you're in the top 50% of applicants on SAT scores, top 50% on grades, and top 50% on personals, it's a fricking lottery. I say that as a YP grad student who first got rejected from the very same school he attends.

Life is about what you produce and the values you hold, not your prestige*.

*: Unless you work in academia or in IBD at a Wall Street bank.

People like to include H in whatever catagory they are in. Take the words from a former Havard reject.

A Harvard student doesn't always want to give away the fact that he is a Harvard student, though. There is some ambiguity there.

My favorite thing is that even within these schools, we need ranking and classification systems. We need to classify people by major, by secret society and/or eating club and/or fraternity, by whether they're a PhD in Mathematics or an International Econ student. Elite is never good enough on the prestige scale for people. There is always more. The guys with a Nobel Prize are jealous of the guys with two Nobel prizes.

And it's the same way with money and power as it is with prestige. People are always comparing themselves against others and wanting more.

I think the seven kindest words in the English language- to oneself and to others- are "I am content with what I have". You can follow that, if you'd like by saying "I have everything I need and much of what I want. I have a roof over my head, I have food on the table. I have the use of all four limbs. I have at least a little free time today. Some people have more than me, but I have enough."

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1/12/13

What caliber of internships did you have during your undergrad that lead to the prestigious group?

1/12/13

Have you considered leaving the world of finance throughout your career?

In reply to sandsurfngbomber
1/12/13

sandsurfngbomber:
What caliber of internships did you have during your undergrad that lead to the prestigious group?

Interned in the same group my junior year.

doriolisdog:
Have you considered leaving the world of finance throughout your career?

No, although I did worry about getting a pinkslip during a particular tough period of the crisis
1/12/13

Do you like your job? I'm asking you this because in any other situation it wouldn't be acceptable

1/12/13

What do you enjoy most/least about your current position/workplace?

If you could've done something differently earlier on in your career, what would it be?

1/12/13

What strategy are you in? How did you successfully make the transition from analyst to portfolio manager? Much appreciated.

1/12/13

What is the educational attainment and economic status of your parents?

adapt or die:
What would P.T. Barnum say about you?

MY BLOG

1/12/13

Why don't you have a WSO star?

How has your success been with the ladies?

1/12/13

Lol

I hate victims who respect their executioners

1/12/13

how quickly would you get fired if your fund found out about your wonderful online persona

1/12/13

Just wanted to note that this has the potential for an absolutely epic thread.

adapt or die:
What would P.T. Barnum say about you?

MY BLOG

1/12/13

hahaha, this thread is funny. please maneuver tactfully, so they can put your thread on the front page.
The four users above me are funnier. Ask about the parents' background? killed it.

"Graduated summa from one of HYPSW"
100% sure you graduated from either S or W, otherwise you would have just said HYP

I'm feeling like a star, you can't stop my shine---Ridin' Solo

1/12/13

How do you hedge your dates flaking? What's your therapists name? Where in Connecticut do you live?

In reply to SirTradesaLot
1/12/13

SirTradesaLot:
What is the educational attainment and economic status of your parents?

Parents aren't preftigious at all. Earned multiples of their annual take home during my first analyst year.

JamesHetfield:
Why don't you have a WSO star?

How has your success been with the ladies?


Coz getting a star requires giving away my identity
Very successful (much more so than in college)
In reply to kyleyboy
1/12/13

kyleyboy:
Do you like your job? I'm asking you this because in any other situation it wouldn't be acceptable

Love it. What wouldn't be acceptable?

EtherBinge:
What do you enjoy most/least about your current position/workplace?

If you could've done something differently earlier on in your career, what would it be?


Enjoy most - free mandate to pursue value opportunities anywhere in the world
Enjoy least - pressure on results ...

slowdive:
What strategy are you in? How did you successfully make the transition from analyst to portfolio manager? Much appreciated.

Multi-strategy but value focused
Wouldn't call myself a PM in the traditional sense (i.e. XX AUM allocated to me personally which I then invest where I chose). Most value shops (ex. SAC R.I.P) do not operate that way. Rather, they'd have one or two big dogs at the top with several underlyings (principals/senior analysts) who manage the associates/investment analysts and push the best ideas up
In reply to midtowngal
1/12/13

midtowngal:

"Graduated summa from one of HYPSW"
100% sure you graduated from either S or W, otherwise you would have just said HYP

Maybe you're right. Maybe you're wrong. Maybe I didn't even attend HYPSW at all. Who knows, brother?
In reply to karypto
1/12/13

karypto:
How do you hedge your dates flaking? What's your therapists name? Where in Connecticut do you live?

Date flaking - double book dates i.e. two girls for one night. Cancel one if they both confirm
Needed to do that as a younger analyst but since I got more preftigious, dates stopped flaking

Nice try on q two, brother

1/12/13

Have you heard of Lumina Investments?

"Better to remain silent and be thought a fool than to speak out and remove all doubt." --Abraham Lincoln

In reply to whatwhatwhat
1/12/13

whatwhatwhat:
how quickly would you get fired if your fund found out about your wonderful online persona

I think my preftigious performance would allow me to get a second chance. Principals gotta troll too, brother. Don't think I'd get fired unless my identity was released publicly on wso. Heck, Daniel Loeb use to troll yahoo boards as 'Mr. Pink' in the old days.
In reply to OkComputer
1/12/13

OkComputer:
Have you heard of Lumina Investments?

Those guys are killing it, brother. Pimple faced forever alone virgins putting us hedge fund veterans to shame, brother.
1/12/13

How tough to lateral from S&T to HF

1/12/13

Who taught you how to spell prestigious?

1/12/13

why do you continue to misspell "preStigious"? "preftigious" isn't a word, brother

In reply to NewGuy
1/12/13

NewGuy:
midtowngal:

"Graduated summa from one of HYPSW"
100% sure you graduated from either S or W, otherwise you would have just said HYP

Maybe you're right. Maybe you're wrong. Maybe I didn't even attend HYPSW at all. Who knows, brother?

Then who are you trying to fool? Also, for anyone who claims from HYP, I know is certainly not from H. People like to include H in whatever catagory they are in. Take the words from a former Havard reject.

I'm feeling like a star, you can't stop my shine---Ridin' Solo

1/12/13

why do you continue to misspell "preStigious"? "preftigious" isn't a word, brother

Also why is this in the i bank subforum, not the hedge fun one..?

In reply to midtowngal
1/12/13

midtowngal:
NewGuy:
midtowngal:

"Graduated summa from one of HYPSW"
100% sure you graduated from either S or W, otherwise you would have just said HYP

Maybe you're right. Maybe you're wrong. Maybe I didn't even attend HYPSW at all. Who knows, brother?

Then who are you trying to fool? Also, for anyone who claims from HYP, I know is certainly not from H. People like to include H in whatever catagory they are in. Take the words from a former Havard reject.

Are you Asian? Just get the feeling that you got screwed by AA, and some undeserving AA candidate got in in your place.

The WSO Advantage - Investment Banking

Financial Modeling Training

IB Templates, M&A, LBO, Valuation +

IB Interview Prep Pack

30,000+ sold & REAL questions.

Resume Help from Actual IB Pros

Land More IB Interviews.

Find Your Perfect IB Mentor

Realistic IB Mock Interviews.

1/12/13

How tall are you?

adapt or die:
What would P.T. Barnum say about you?

MY BLOG

In reply to mongoose
1/12/13

JamesHetfield:
Are you Asian? Just get the feeling that you got screwed by AA, and some undeserving AA candidate got in in your place.

Yes, she's Asian. She posted a video of herself in one of the threads she started in the Monkey Around forum.

As for the OP, are you Prestigious Pete's pitcher or catcher?

1/12/13

Do you frequent xoxo? I'm guessing so given how you use phrases like "preftigious" and "brother"

Also, what made you go for HF or PE?

1/12/13

I always use HYPMSCW.

I am going to leave the C ambiguous- it might be Cornell, Chicago, Columbia, or CMU.

Also anyone who thinks someone who uses the phrase HYPSW goes to Stanford doesn't know any engineers or quantitative types from that school. Again, there are smart people anywhere, but if it were possible to compare the engineers at Stanford to the engineers at HYP and have a winner, the engineers at Stanford might just win (only to face a tough challenge from MIT, IIT (India), and Berkeley.)

In reply to IlliniProgrammer
1/12/13

IlliniProgrammer:
I am going to leave the C ambiguous- it might be Cornell, Chicago, Columbia, or CMU.

IP, no love for CalTech?

In reply to Nouveau Richie
1/12/13

Nouveau Richie:
IlliniProgrammer:
I am going to leave the C ambiguous- it might be Cornell, Chicago, Columbia, or CMU.

IP, no love for CalTech?


Sure, why not? That said, I've only spent about two weeks of my life west of the Mississippi.
In reply to BlackHat
1/12/13

BlackHat:
Lol

BlackHat is now PM at his fund? Damn, someone create an extra troll-only questions topic for him.

In reply to EtherBinge
1/12/13

EtherBinge:
BlackHat:
Lol

BlackHat is now PM at his fund? Damn, someone create an extra troll-only questions topic for him.

I'll field those all day

I hate victims who respect their executioners

In reply to dest149
1/13/13

dest149:
How tough to lateral from S&T to HF

Depends on the S&T role and type of fund

IlliniProgrammer:
Who taught you how to spell prestigious?

Pumos, brother

H34D SH01:
why do you continue to misspell "preStigious"? "preftigious" isn't a word, brother

(100 IQ poster)

midtowngal:
NewGuy:
midtowngal:

"Graduated summa from one of HYPSW"
100% sure you graduated from either S or W, otherwise you would have just said HYP

Maybe you're right. Maybe you're wrong. Maybe I didn't even attend HYPSW at all. Who knows, brother?

Then who are you trying to fool? Also, for anyone who claims from HYP, I know is certainly not from H. People like to include H in whatever catagory they are in. Take the words from a former Havard reject.


me: copped dat preftigious HYPSW summa cum laude
You: HYPSW reject

SirTradesaLot:
How tall are you?

What I lack in height, I make up for in wealth, brother

design:

As for the OP, are you Prestigious Pete's pitcher or catcher?

I could only wish. He is the master.
In reply to Newspeak
1/13/13

Newspeak:
Do you frequent xoxo? I'm guessing so given how you use phrases like "preftigious" and "brother"

Also, what made you go for HF or PE?


Titcq

Did not want to do PE. Thought working at a HF would be more intellectually stimulating. Lol jk, I did it for the money.

In reply to BlackHat
1/13/13

BlackHat:
EtherBinge:
BlackHat:
Lol

BlackHat is now PM at his fund? Damn, someone create an extra troll-only questions topic for him.

I'll field those all day

Congrats on the promotion brother but my fund's preftige > your fund's preftige. Does this upset you?

1/13/13

Since your identity is well protected, would you mind sharing your take home income for the last year (or some sort of range)? Most data points on WSO are for banking or more junior positions on the buyside, would be interested to know how much someone who "kills it" in a preftigious buyside gig nets before PM level.

In reply to f4tality
1/13/13

f4tality:
Since your identity is well protected, would you mind sharing your take home income for the last year (or some sort of range)? Most data points on WSO are for banking or more junior positions on the buyside, would be interested to know how much someone who "kills it" in a preftigious buyside gig nets before PM level.

Average is probably around $1.5m with a range of $500k to $10m+ so positive skew with a long tail
1/13/13

if i were to go to GS / MS / RBS / JPM / BX could i get into H / P / Y with a CFA and great ECs so that i could work at KKR / TPG / ATY / BX / HLHZ / SAC, and will i need to know how to calculate FFO / CFO / EBITDA / NI / EBITDAR / IRR or just know DCF / MOM / FIG?

"After you work on Wall Street it's a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side." - David Tepper

1/13/13

Congratulations on the preftigious thread preftige brother.

The HBS guys have MAD SWAGGER. They frequently wear their class jackets to boston bars, strutting and acting like they own the joint. They just ooze success, confidence, swagger, basically attributes of alpha males.
In reply to oreos
1/13/13

Oreos:
if i were to go to GS / MS / RBS / JPM / BX could i get into H / P / Y with a CFA and great ECs so that i could work at KKR / TPG / ATY / BX / HLHZ / SAC, and will i need to know how to calculate FFO / CFO / EBITDA / NI / EBITDAR / IRR or just know DCF / MOM / FIG?

Your MOM is more than sufficient, brother

SonnyZH:
Congratulations on the preftigious thread preftige brother.

Thanks thanks
1/13/13

What's your top 15 most preftigious l/s funds?

Why are you so preftigious?

In reply to NewGuy
1/13/13

NewGuy:

Your MOM is more than sufficient, brother

[


Mum > mom, get with the british prestige son. You're better than that.

"After you work on Wall Street it's a choice, would you rather work at McDonalds or on the sell-side? I would choose McDonalds over the sell-side." - David Tepper

1/13/13

Ok, so OP was raised by Pumas who had really bad lifps; that's why he misspells prestige. Got it.

In reply to mongoose
1/13/13

JamesHetfield:
midtowngal:
NewGuy:
midtowngal:

"Graduated summa from one of HYPSW"
100% sure you graduated from either S or W, otherwise you would have just said HYP

Maybe you're right. Maybe you're wrong. Maybe I didn't even attend HYPSW at all. Who knows, brother?

Then who are you trying to fool? Also, for anyone who claims from HYP, I know is certainly not from H. People like to include H in whatever catagory they are in. Take the words from a former Havard reject.

Are you Asian? Just get the feeling that you got screwed by AA, and some undeserving AA candidate got in in your place.

Nothing to do with them. The reason I didn't get in was because I was innocent enough not mentioning anything about my Dad. I thought I could rock my way in all by myself. that's many years ago, now I could care less. Maturity.

I'm feeling like a star, you can't stop my shine---Ridin' Solo

In reply to NewGuy
1/13/13

NewGuy:
f4tality:
Since your identity is well protected, would you mind sharing your take home income for the last year (or some sort of range)? Most data points on WSO are for banking or more junior positions on the buyside, would be interested to know how much someone who "kills it" in a preftigious buyside gig nets before PM level.

Average is probably around $1.5m with a range of $500k to $10m+ so positive skew with a long tail

Cheers for that.

So you say you're in it for the money, would you trade places with someone less preftigious but making more (high school drop-out owner of several car dealerships, 30 year old from non-target at Glencore at the listing etc)?

In reply to design
1/13/13

design:
JamesHetfield:
Are you Asian? Just get the feeling that you got screwed by AA, and some undeserving AA candidate got in in your place.

Yes, she's Asian. She posted a video of herself in one of the threads she started in the Monkey Around forum.

As for the OP, are you Prestigious Pete's pitcher or catcher?

Are you the kid who did the shit that revealing senior members' identities in the previous general chat room, leading the room to be closed forever?
Please keep some distance from me. This kind of advertising made me not comfortable. THX

I'm feeling like a star, you can't stop my shine---Ridin' Solo

In reply to IlliniProgrammer
1/13/13

IlliniProgrammer:
Ok, so OP was raised by Pumas who had really bad lifps; that's why he misspells prestige. Got it.

It's a dumb meme he got from another message board. Worst troll I've seen in a while.

1/13/13

how old are you?

what watch do you wear?

how many days/year do you fly with an aeroplane?

what do you do in your free time?

why hiding so much if its anonymous?

1/13/13

1. If you are a principal, do you get a non-discretionary payout, ie the capital sleeve you are pseudo-responsible for is 400mm, its up 20% generating 16mm in incentive fees, and you get 5-10% of that?

2. Please provide a ranking of the 5bn+ value funds in terms of preftige.

1/13/13

Did you work in IBD or S&T before moving to the HF?
Any recommendations for students who fail to land interviews/offers at BB's?

1/13/13

No more shenanigans, no more tomfoolery, no more Ballyhoo. What's your favorite color?

1/13/13

This guy is clearly an XOXO troll. Don't bother asking any real questions.

1/13/13

Bonjour ! I'm a French model and NewGuy works in finance.

NewGuy,

1. Did you clear your high-water marks last year ?
2. What is the expected volatility of your top two performing funds ? What about expected correlation to both the equity and bond markets ?

Thank you.

"I like money (as do most females) but love is...great :)"-student
"Perhaps you've failed to take into account my hidden assets"-007
Omnia

In reply to f4tality
1/13/13

f4tality:

So you say you're in it for the money, would you trade places with someone less preftigious but making more (high school drop-out owner of several car dealerships, 30 year old from non-target at Glencore at the listing etc)?

Good question. I honestly don't think I would. The HS drop out probably lives in a thrashy flyover state ... no thanks. Plus I love the preftige of what I do as much as I love the money and I really enjoy the work. Plus with diminishing returns to acquired wealth, I'm not sure if my lifesytle would really be that different with $100m net worth compared to $10m. I don't live a flashy life at all.
In reply to BatMasterson
1/13/13

Financier4Hire:
Bonjour ! I'm a French model and NewGuy works in finance.

NewGuy,

1. Did you clear your high-water marks last year ?
2. What is the expected volatility of your top two performing funds ? What about expected correlation to both the equity and bond markets ?

Thank you.


Comment allez vous? J'espere que vous avez une grand jour!
In reply to SanityCheck
1/13/13

SanityCheck:

It's a dumb meme he got from another message board. Worst troll I've seen in a while.

How exactly do you guys define troll? I like to use memes and clearly have spent too long lurking the internet, but my posting history should easily prove that my job credentials are legit. If that doesn't, a PM convo I had with Oreos a few months back should.
In reply to NewGuy
1/13/13

NewGuy:
SanityCheck:

It's a dumb meme he got from another message board. Worst troll I've seen in a while.

How exactly do you guys define troll? I like to use memes and clearly have spent too long lurking the internet, but my posting history should easily give away that my job credentials are legit.

Cliff Assness, is that you?
http://dealbreaker.com/2008/12/advice-to-our-hedge...

This has gone beyond trolling into the category of sad.

In reply to animalz
1/13/13

animalz:
how old are you?
Somewhere between 25 and 55

what watch do you wear?
Not a Patek but similar quality. Not a watch enthusiast by any stretch so I just went for one a bunch of preftigious bros on a watch forum were praising

how many days/year do you fly with an aeroplane?
More than I'd like

what do you do in your free time?
Lots of reading. Running. Some other things which I can't say as not many people do them

why hiding so much if its anonymous?
More fun when anonymous, brother

Answers in bold

1/13/13

Could I still work for a hedge fund with an engineering undergraduate degree?

Mps721

In reply to Gray Fox
1/13/13

Gray Fox:
If you are a principal, do you get a non-discretionary payout, ie the capital sleeve you are pseudo-responsible for is 400mm, its up 20% generating 16mm in incentive fees, and you get 5-10% of that?
Preftigious lean value shops where one or two men make the key investment decisions do not operate that way (think Pershing, Greenlight type funds). Many preftigious funds with less concentrated portfolios also operate the same way (eg Baupost) as the two I mentioned previously. Fund could have as little as $100m or as much as $1bn+ in my ideas. My bonus is discretionary.

Please provide a ranking of the 5bn+ value funds in terms of preftige.
There is no ranking. It's a completely binary thing. The fund is either preftigious, or it is not.

Reply in bold

1/13/13

180 use of "pumo," "brother," and "preftigious."

What percentage of your time at work do you spend "poasting?"
Also, is this your alter-ego: ,.,...,,,..,,.,.,,,.,,,....,. ?

In reply to BTbanker
1/13/13

BTbanker:
Financier4Hire:
Bonjour ! I'm a French model and NewGuy works in finance.

NewGuy,

1. Did you clear your high-water marks last year ?
2. What is the expected volatility of your top two performing funds ? What about expected correlation to both the equity and bond markets ?

Thank you.


Comment allez vous? J'espere que vous avez une grand jour!

Da, u menya bolshoy den v etom sumasshedshem dome. Yu good on Russian also, buddy ?

"I like money (as do most females) but love is...great :)"-student
"Perhaps you've failed to take into account my hidden assets"-007
Omnia

1/13/13

what are the rest of you alter egos like? does one of them like to sniff your grandma's panties? thanks

How big is yours?

In reply to Newspeak
1/13/13

Newspeak:
180 use of "pumo," "brother," and "preftigious."

What percentage of your time at work do you spend "poasting?"
Also, is this your alter-ego: ,.,...,,,..,,.,.,,,.,,,....,. ?

Ty ty

I don't post on xoxo....way too dangerous. Just been lurking for years. Scared some aspie (Doobs) will go through my poast history and somehow out me. Only post on this bort.

In reply to BatMasterson
1/13/13

Financier4Hire:
BTbanker:
Financier4Hire:
Bonjour ! I'm a French model and NewGuy works in finance.

NewGuy,

1. Did you clear your high-water marks last year ?
2. What is the expected volatility of your top two performing funds ? What about expected correlation to both the equity and bond markets ?

Thank you.


Comment allez vous? J'espere que vous avez une grand jour!

Da, u menya bolshoy den v etom sumasshedshem dome. Yu good on Russian also, buddy ?


No, no hablo ruso, aber ich spreche Deutsch.
In reply to midtowngal
1/13/13

midtowngal:

Are you. he kid who did the shit that revealing senior members' identities in the previous general chat room, leading the room to be closed forever?
Please keep some distance from me. This kind of advertising made me not comfortable. THX

I've never been in the chat room. If you don't want people to know what you look like, you probably shouldn't upload Youtube vids of yourself and post the link on WSO. THX
1/13/13

What tips would you give to a current student who just wants to get better and better at investing? Any specific reading list, etc..?

Looking back, what advice do you wish someone had given you concerning investing?

Thanks

1/13/13
In reply to BTbanker
1/13/13

BTbanker:
Financier4Hire:
BTbanker:

Comment allez vous? J'espere que vous avez une grand jour!

Da, u menya bolshoy den v etom sumasshedshem dome. Yu good on Russian also, buddy ?


No, no hablo ruso, aber ich spreche Deutsch.

Mas loco que una cabra en patines, compadre ? NewGuy tambien.

"I like money (as do most females) but love is...great :)"-student
"Perhaps you've failed to take into account my hidden assets"-007
Omnia

In reply to BatMasterson
1/13/13

Financier4Hire:
BTbanker:
Financier4Hire:
BTbanker:

Comment allez vous? J'espere que vous avez une grand jour!

Da, u menya bolshoy den v etom sumasshedshem dome. Yu good on Russian also, buddy ?


No, no hablo ruso, aber ich spreche Deutsch.

Mas loco que una cabra en patines, compadre ? NewGuy tambien.


NewGuy come mierda para el desayuno, y le gusta.
1/13/13

This kind of thread brings back memory of the good ole days on WSO. Throwing a box of viagras to the monkeys. Unfortunately, yours is just a weak attempt. I'm bored already and before I leave, here is my question for ya:
What happened lately that hurt your ego so bad to make you show off here like a jackass?

I'm feeling like a star, you can't stop my shine---Ridin' Solo

In reply to IlliniProgrammer
1/13/13

IlliniProgrammer:
Then who are you trying to fool? Also, for anyone who claims from HYP, I know is certainly not from H. People like to include H in whatever catagory they are in. Take the words from a former Havard reject.

Seriously, this HYPSW s...tuff isn't all its cracked up to be. If you're in the top 50% of applicants on SAT scores, top 50% on grades, and top 50% on personals, it's a fricking lottery. I say that as a YP grad student who first got rejected from the very same school he attends.

Life is about what you produce and the values you hold, not your prestige*.

*: Unless you work in academia or in IBD at a Wall Street bank.

People like to include H in whatever catagory they are in. Take the words from a former Havard reject.

A Harvard student doesn't always want to give away the fact that he is a Harvard student, though. There is some ambiguity there.

My favorite thing is that even within these schools, we need ranking and classification systems. We need to classify people by major, by secret society and/or eating club and/or fraternity, by whether they're a PhD in Mathematics or an International Econ student. Elite is never good enough on the prestige scale for people. There is always more. The guys with a Nobel Prize are jealous of the guys with two Nobel prizes.

And it's the same way with money and power as it is with prestige. People are always comparing themselves against others and wanting more.

I think the seven kindest words in the English language- to oneself and to others- are "I am content with what I have". You can follow that, if you'd like by saying "I have everything I need and much of what I want. I have a roof over my head, I have food on the table. I have the use of all four limbs. I have at least a little free time today. Some people have more than me, but I have enough."

Hear, hear!
Very true and healthy perspective.
The industry and many of us could use more of this sanity check. The paradoxical thing is that, for many , the more they have the less they recognise this.

Most valuable asset for me at the moment: time. " And time, is a string of pearls"

1/13/13

Must be HBS with that swag. The bishes meltin'... BROTHER.

The HBS guys have MAD SWAGGER. They frequently wear their class jackets to boston bars, strutting and acting like they own the joint. They just ooze success, confidence, swagger, basically attributes of alpha males.
In reply to NewGuy
1/13/13

NewGuy:
animalz:
how old are you?
Somewhere between 25 and 55

what watch do you wear?
Not a Patek but similar quality. Not a watch enthusiast by any stretch so I just went for one a bunch of preftigious bros on a watch forum were praising

how many days/year do you fly with an aeroplane?
More than I'd like

what do you do in your free time?
Lots of reading. Running. Some other things which I can't say as not many people do them

why hiding so much if its anonymous?
More fun when anonymous, brother

Answers in bold

lame answers, desmond

In reply to BTbanker
1/13/13

BTbanker:
Financier4Hire:
BTbanker:
Financier4Hire:
BTbanker:

Comment allez vous? J'espere que vous avez une grand jour!

Da, u menya bolshoy den v etom sumasshedshem dome. Yu good on Russian also, buddy ?


No, no hablo ruso, aber ich spreche Deutsch.

Mas loco que una cabra en patines, compadre ? NewGuy tambien.


NewGuy come mierda para el desayuno, y le gusta.

@BTBanker That's right. I'm with you.

NewGuy, as you field questions readers are throwing at your glorious and befitting career, perhaps you can answer mine. I'd also like to hear about things like the intercorrelation with your peers and how consistent are your absolute returns.

"I like money (as do most females) but love is...great :)"-student
"Perhaps you've failed to take into account my hidden assets"-007
Omnia

In reply to BTbanker
1/13/13

Charles-perry:
Did you work in IBD or S&T before moving to the HF?
Any recommendations for students who fail to land interviews/offers at BB's?

Yes. Find another career.

BTbanker:
No more shenanigans, no more tomfoolery, no more Ballyhoo. What's your favorite color?

Purple

Financier4Hire:
Bonjour ! I'm a French model and NewGuy works in finance.

NewGuy,

1. Did you clear your high-water marks last year ?
2. What is the expected volatility of your top two performing funds ? What about expected correlation to both the equity and bond markets ?

Thank you.


Not answering fund specific questions

BTbanker:
Financier4Hire:
BTbanker:
Financier4Hire:
BTbanker:

Comment allez vous? J'espere que vous avez une grand jour!

Da, u menya bolshoy den v etom sumasshedshem dome. Yu good on Russian also, buddy ?


No, no hablo ruso, aber ich spreche Deutsch.

Mas loco que una cabra en patines, compadre ? NewGuy tambien.


NewGuy come mierda para el desayuno, y le gusta.

Lol 180. Bastard.

Mps721:
Could I still work for a hedge fund with an engineering undergraduate degree?

Dumb question.

mlg321:
What tips would you give to a current student who just wants to get better and better at investing? Any specific reading list, etc..?

Looking back, what advice do you wish someone had given you concerning investing?

Thanks


Plenty of recommended reading lists in old threads. Best thing one can offer you is an opportunity to prove yourself. It doesn't come often but when it does, your prior preperation will be the difference between failure and preftige.

Read as much as you can. There really is an incredible library of information online. And do all your reading before you start your analyst programme because you won't have time once you get there.

1/13/13

midtowngal:
This kind of thread brings back memory of the good ole days on WSO. Throwing a box of viagras to the monkeys. Unfortunately, yours is just a weak attempt. I'm bored already and before I leave, here is my question for ya:
What happened lately that hurt your ego so bad to make you show off here like a jackass?

(Ugly unhinged shrew still MAF about her HYPSW rejections)

How does it feel to be a female incapable of attracting attention on a website filled with monkeys?

1/13/13

I am sorry that I am late to the thred. Have you gotten bonus in the past several years? What are your fund's redemptions? How far below your watermark are you?

1/13/13

NewGuy -- congrats on finding something that you seem to really enjoy doing. did you go to a liberal arts (non-finance) undergrad school? assuming that you started out in banking, how did you find the transition from banking to HF? what was the ramp-up / switch like and what convinced you to keep going in a presumably challenging environment in the first couple months / year at your current firm? thanks!

1/13/13

Question: Why does everyone say "preftige"? Am I missing something here?

In reply to NewGuy
1/13/13

NewGuy:
dest149:
How tough to lateral from S&T to HF

Depends on the S&T role and type of fund

Assume S&T at a BB, working in sales, trying to get into a long/short fund. (Would getting an MBA at an M7 help this transition? I imagine so...)
1/13/13

If you're here, who's running hell?

In reply to TeddyTheBear
1/13/13

TeddyTheBear:
Question: Why does everyone say "preftige"? Am I missing something here?

Do you live under a rock? Preftige is the spelling used among those in high finance, brother.

1/13/13

Yes I guess I live under a rock, because I just don't understand why its called that way. Is there an actual reasoning for it or is it just random?

In reply to NewGuy
1/13/13

NewGuy:
BlackHat:
EtherBinge:
BlackHat:
Lol

BlackHat is now PM at his fund? Damn, someone create an extra troll-only questions topic for him.

I'll field those all day

Congrats on the promotion brother but my fund's preftige > your fund's preftige. Does this upset you?

What fund do I work for again?

I hate victims who respect their executioners

In reply to Gray Fox
1/13/13

Gray Fox:
2. Please provide a ranking of the 5bn+ value funds in terms of preftige.

Curious as well, NewGuy.

Also curious if anyone is aware of any value funds outside of Greenlight, Pershing, and Baupost. Seems like no. Or are those the only three in existence perhaps?

I hate victims who respect their executioners

In reply to NewGuy
1/13/13

NewGuy:
Charles-perry:
Did you work in IBD or S&T before moving to the HF?
Any recommendations for students who fail to land interviews/offers at BB's?

Yes. Find another career.

BTbanker:
No more shenanigans, no more tomfoolery, no more Ballyhoo. What's your favorite color?

Purple

Financier4Hire:
Bonjour ! I'm a French model and NewGuy works in finance.

NewGuy,

1. Did you clear your high-water marks last year ?
2. What is the expected volatility of your top two performing funds ? What about expected correlation to both the equity and bond markets ?

Thank you.


Not answering fund specific questions

BTbanker:
Financier4Hire:
BTbanker:
Financier4Hire:
BTbanker:

Comment allez vous? J'espere que vous avez une grand jour!

Da, u menya bolshoy den v etom sumasshedshem dome. Yu good on Russian also, buddy ?


No, no hablo ruso, aber ich spreche Deutsch.

Mas loco que una cabra en patines, compadre ? NewGuy tambien.


NewGuy come mierda para el desayuno, y le gusta.

Lol 180. Bastard.

Mps721:
Could I still work for a hedge fund with an engineering undergraduate degree?

Dumb question.

mlg321:
What tips would you give to a current student who just wants to get better and better at investing? Any specific reading list, etc..?

Looking back, what advice do you wish someone had given you concerning investing?

Thanks


Plenty of recommended reading lists in old threads. Best thing one can offer you is an opportunity to prove yourself. It doesn't come often but when it does, your prior preperation will be the difference between failure and preftige.

Read as much as you can. There really is an incredible library of information online. And do all your reading before you start your analyst programme because you won't have time once you get there.

Why is my question dumb?

Mps721

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