Why Asset Management?
(Monkey, 49
Points)
on 1/8/11 at 9:29am
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.





Because I love making money,
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")
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I like Alex's response. +1
I like Alex's response. +1
"WSO is like the 300 for anti spamage. None shall pass." -happypantsmcgee
"You stop being an asshole when it sucks to be you." -IlliniProgrammer
The majority of people get
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.
You want to face clients,
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
how do i give that acljnle0
how do i give that acljnle0 guy a silver banana? or reps or whatever
lol underneath my image in my
lol underneath my image in my post click on the banana thx
alexpasch wrote: Because I
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
Nice call, Steve~ thanks for
Nice call, Steve~
thanks for the answers, acljnle0 and alexpasch
Steve, maybe you should just
Steve, maybe you should just be honest and tell them why you want to go in asset management. They'll decide whether you're making this career choice for the right reasons or not. If you don't go for the right reasons your life could be miserable for the next few years to come...