4/13/12

Safe to say that bridgewater traders can go anywhere they want afterwards? Also, I assume that they have their choice among b-schools as well.

Comments (20)

4/13/12

I just checked our directory, and there are no former Bridgewater employees in either MBA class (2012 or 2013) at HBS. There are three 2nd year students who interned there last summer, but that's it and none of the three are going back. Makes it doubtful they actually have their choice of b-schools, unless there are a ton of them at GSB.

I've actually heard that Bridgewater's "special" culture is actually somewhat toxic on the resume as well, but I don't work in finance so I can't verify this one first-hand.

http://www.jasonbondpicks.com
4/13/12

Redninja is right. The unique culture and strategies implemented at Bridgewater actually reduce the marketability of its employees. It's a very specialized group of individuals with very specific skill sets. Traders in general don't usually get their pick of b-schools because they develop skills that schools do not necessarily know how to value.

Disclaimer: This is all based on what I've heard from others.

Talent is hitting a target no one can hit.
Genius is hitting a target no one can see.

In reply to ....
4/13/12

redninja:
I just checked our directory, and there are no former Bridgewater employees in either MBA class (2012 or 2013) at HBS. There are three 2nd year students who interned there last summer, but that's it and none of the three are going back. Makes it doubtful they actually have their choice of b-schools, unless there are a ton of them at GSB.

I've actually heard that Bridgewater's "special" culture is actually somewhat toxic on the resume as well, but I don't work in finance so I can't verify this one first-hand.

Redninja, thanks for this input. That's quite interesting. I did see several HBS and Stanford GSB members of class of 2011 who are now senior investment associates at bridgewater. But that's very different from trading. Supposedly they only hire like 5 mba's per year.

4/14/12

It's not safe to say that a Bridgewater trader can go anywhere he wants afterwards. They are just execution traders. Probably they would only be able to go to a similar role.
The point raised by redninja is interesting. However, if you are getting out of Bridgewater you should be able to spin it like you are leaving because of the culture ans you should be fine right?

In reply to Maximus Decimus Meridius
4/14/12

Maximus Decimus Meridius:
It's not safe to say that a Bridgewater trader can go anywhere he wants afterwards. They are just execution traders. Probably they would only be able to go to a similar role.
The point raised by redninja is interesting. However, if you are getting out of Bridgewater you should be able to spin it like you are leaving because of the culture ans you should be fine right?

Yeah, this seems right. Bridgewater on resume is super impressive even if it's just execution trading.

4/14/12

Why would anyone from Bridgewater leave it to go to HBS? Really wtf would you gain...

In reply to marcellus_wallace
4/14/12

marcellus_wallace:
Why would anyone from Bridgewater leave it to go to HBS? Really wtf would you gain...

This.

The answer to your question is 1) network 2) get involved 3) beef up your resume 4) repeat -happypantsmcgee

WSO is not your personal search function.

In reply to marcellus_wallace
4/16/12

marcellus_wallace:
Why would anyone from Bridgewater leave it to go to HBS? Really wtf would you gain...

For a career transition and network, i guess.

Bridgewater trader is mostly execution, so i could see someone getting bored after 1-2 years.

5/19/12

hows the mobility within bwater after robotic execution for a few years?

5/19/12

hows the mobility within bwater after robotic execution for a few years?

In reply to ....
5/19/12

redninja:
I just checked our directory, and there are no former Bridgewater employees in either MBA class (2012 or 2013) at HBS. There are three 2nd year students who interned there last summer, but that's it and none of the three are going back. Makes it doubtful they actually have their choice of b-schools, unless there are a ton of them at GSB.

I've actually heard that Bridgewater's "special" culture is actually somewhat toxic on the resume as well, but I don't work in finance so I can't verify this one first-hand.

Interesting - I have a friend at HBS right now who interned at Bridgewater and looks like she isn't going back. Haven't had a chance to ask her about BW's 'special culture' we've all read about though.

In reply to Kanon
11/7/13
5/19/12

^ No I don't think so... But haven't spoken in awhile, so who knows.

5/19/12

There really is no exit opps. Bridgewater traders tend to stay there for a long time or leave within the first year or so because they can't stand it. The final interview at their office was bizarre to say the least.

11/1/12
11/5/12

I'm pretty sure their contract (trader or otherwise) has a 2-year noncomp.. ie. if you 'exit', you got nowhere to go for 2 years and I'm being told bwater actually holds exemployees pretty accountable if they violate the non-comp. Something to consider if you are ever thinking about getting a job there

And ditto on the weird culture

In reply to Derivatives
11/6/12

Derivatives:
marcellus_wallace:
Why would anyone from Bridgewater leave it to go to HBS? Really wtf would you gain...

For a career transition and network, i guess.

Bridgewater trader is mostly execution, so i could see someone getting bored after 1-2 years.

I don't understand what you are trying to make execution mean here...

Also, you're usually not going to want to join Bridgewater unless you are absolutely sure you want to be a trader...

In reply to neomanxllp
11/6/12

whitemamba1309:
Derivatives:
marcellus_wallace:
Why would anyone from Bridgewater leave it to go to HBS? Really wtf would you gain...

For a career transition and network, i guess.

Bridgewater trader is mostly execution, so i could see someone getting bored after 1-2 years.

I don't understand what you are trying to make execution mean here...

Also, you're usually not going to want to join Bridgewater unless you are absolutely sure you want to be a trader...

Bridgewater has other roles beside trader. The senior investment associate role, which is post-MBA, seems pretty good because you work on cutting edge macro investment research.

11/6/12

I interviewed for an investment role at Bridgewater and instead had some trader guys pitch me in the second round. The trading job at Bridgewater is even more unimpressive than the other roles they have. It is pure execution. You don't even need to know what you're buying, just that you should buy it in the right bloc quantities and at the best price. It is extremely boring and most are unhappy.

Combined with the fact that Bridgewater pays nowhere near "real" hedge fund experiences and you can see why most kids hate it there or have trouble finding other jobs.

5/28/13

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