1/8/11

Alright guys, interviews are coming up so im wondering what you guys think the best way to answer this question is. There are threads about ibanking and others but none that i found on asset management.

Comments (9)

Best Response
1/8/11

The majority of people get interested in finance because they want to learn how to invest and make money off of betting on things. Along the way, that dream meets reality: most jobs out there are sell-side functions, i.e. Investment Banking or Sales and Trading, where you execute transactions for people who have money and charge a fee. Asset Management is the closest thing you will get to investing and that original dream, though it does have its pitfalls. Screw rich individuals and PWM where you have to assuage rich people who bother you all day; you are managing money for the most sophisticated companies and institutions with several billion dollars at your disposal to just bet on things over multiple time frames. As long as your shop is good and you have money at your disposal, you are the one calling the shots, instead of living off of the business of others like the sell-side.

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1/8/11

Because I love making money, and taking one percent a year from ultra rich people too stupid to manage it on their own seems like one of the easiest ways to make a lot of money.

(and if they ask you which superhero you would be (see 25 weirdest interview q's), say "Robin Hood")

Consultant to a Fortune 50 Company

1/8/11

I like Alex's response. +1

"You stop being an asshole when it sucks to be you." -IlliniProgrammer
"Your grammar made me wish I'd been aborted." -happypantsmcgee

1/8/11

You want to face clients, bend to their whims and not have to work retarded hours for the foreseeable future

If I had asked people what they wanted, they would have said faster horses - Henry Ford

1/11/11

how do i give that acljnle0 guy a silver banana? or reps or whatever

1/11/11

lol underneath my image in my post click on the banana thx

In reply to alexpasch
1/14/11
alexpasch:

Because I love making money, and taking one percent a year from ultra rich people too stupid to manage it on their own seems like one of the easiest ways to make a lot of money.

(and if they ask you which superhero you would be (see 25 weirdest interview q's), say "Robin Hood")

ROFL

this is pure gold

1/18/11

Nice call, Steve~
thanks for the answers, acljnle0 and alexpasch

1/22/11

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