If you could be any one of these in 5 years, which would it be?
5 years down the road you are assured one of these positions, what do you choose?
Managing Director at a top Investment Bank
Managing Director at a top Private Equity firm
Portfolio Manager at a Hedge Fund
Partner at a top Venture Capital firm
Portfolio Manager at Hedge Fund. Reason: to me seems more active, challenging in a way I want to be challenged (explore and devise new hedging strategies, etc use brains to make $) But still in a more systematic way than say... a partner of a VC.
I'm not saying other roles don't need brains to make $, but I feel #3 is what I want to do.
Love to hear what other ppl have to say.
maybe not 5 years...more like...10-15.
MD in Venture Capital....most creative and most insightful job...Also, involves a great deal of risk/reward and i might actually matter to entrepreneurs.
MD in Venture Capital....most creative and most insightful job...Also, involves a great deal of risk/reward and i might actually matter to entrepreneurs.
Janitor at Citadel
I would be a partner at a VC because like ^^ said it is very insightful and creative and you are helping build people's dreams and u can make money in the bank,
PM at Hedge Fund
Reason: I love the dynamic public markets and I believe it requires a great deal of brains to succeed as a PM - also upside is basically ilimited.
I hate transaction-based work (IB, PE, VC to a certain extent) so I rule out the other options anyways. God, spending 4 months in MBB consulting (and doing PE-related work) made me hate all the processes and endless, pointless meetings to discuss irrelevant details...
portfolio manager, make $$$$$$
pick your stocks then go to the beach and have the analysts work out when to exit/short/buy
or janitor at citadel. as long as they give u biz cards.
A race car driver. Vroom.
To the guys going for the hedge fund job just for the $$$, money isnt everything, and it's not like you'll be struggling to make ends meet in the other 3 jobs. If you asked me which one of those three I wanted to be 5 years from now definitely MD at a top PE firm, but long term would want to be the Partner at a top VC firm, like Sequioa or Accel. Like someone said above VC is the most creative job and you're helping to build the future in a small way.
VC all the way
1st choice - VC 2nd choice - HF
1st choice- Hollywood producer- Always been interested in film, could make good money if you produce the right films and I'm sure the life style is great 2nd Choice- Agent (Ari Gold) Who wouldn't wanna be him? 3rd Choice- Partner at VC- Insightful get to work with new people, see how company can rise or fall.
1 - PM at hedge fund. I love the markets.
2 - MD at IBD (Sales or M&A). Wine and dine baby!
PM at HF I love reading between the lines on a investment and how a bad day for most isn’t one for all. Not being responsible for the operating of a business just does it for me and can lead into being a HF manager
I love how not a single person chose investment banking as their first choice.
p.s. Hedge Fund for me 100%
If you asked me this two years ago I would have said MD at an MF PE firm without hesitation. Now, I would rather have the assurance of a loving stable relationship with solid marriage prospects working at 1st year associate pay in a job that isn't super demanding. I know this isn't what everyone wants, and if you told me two years ago I would think like this now, I would not have believed it.
What changed?
I studied abroad my last semester and met a girl from another American school. We both ended up in NYC after graduation and things just took off from there. Yeah its hard with the hours (my group is especially brutal) but we're pretty serious now. If I could have complete assurance that this relationship would truly work out in the long run, I would happily step off "the track."
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