Advice on dealing with stress as a PM
Does anyone have advice on how to handle stepping into a PM role and dealing with the stress? Books, blogs, videos, and personal anecdotes are all welcome.
Does anyone have advice on how to handle stepping into a PM role and dealing with the stress? Books, blogs, videos, and personal anecdotes are all welcome.
Best Public Markets Gig? ER, MM HF, SM HF, or LO AM? | 13 | 3d | ||
+44 | How to start a family office (HF rainmaker) | 17 | 1d | |
+34 | Law to Quant Pivot? | 10 | 2d | |
+23 | Starting Personal Account | 12 | 16h | |
+22 | Looking for a Fund Manager to partner with to start a new fund. | 17 | 7h | |
+21 | How to destress at Pod HF? | 8 | 1d | |
+21 | People who work at hedge funds, what made you interested initially? | 13 | 1d | |
+19 | Hedge Fund WLB | 6 | 1d | |
+19 | HF Final Round Interview | 4 | 5d | |
+17 | Most appealing public credit seats out of RX? | 1 | 5d |
Career Resources
Lots and lots of se...
...
...
....
seeking meditation
No substitute for living through rough periods. Thickens the skin. No shortcut for that :(
Unlike many other professions, for the most part, your stress is in your control. Not just how you manage it internally, but what you can do to address it externally. Is your stress deriving from uncertainty? Find a way to become more certain or manage the risk.
Constantly learn, adapt, take calculated risks, and ALWAYS post-mortem your mistakes. You will eventually have a big drawdown sometime in your career -- for me, it was 6 months within the first opportunity I had to manage a portfolio. Once it happens, it's imperative you step back and analyze why it happened (or is happening), whether it's a market inefficiency you can exploit long term, an investment procedure error, or a market adaptation that you now need to consider. Don't be afraid to re-position and rationalize when liquidity allows for it.
Stress is a physiological response to uncertainty, but it can also be a great motivator in moderation. The worst outcomes happen when stress is allowed to overwhelm your rational thought or when it's suppressed or ignored to the point that the motivation to constantly improve and adapt fades away. Find your healthy balance through experience and safely pushing limits.
Aperiam iste quia rerum. Odit sequi veritatis assumenda similique doloremque dolorem. Nulla repellendus autem ipsam sequi nam.
Ea iusto sit accusantium asperiores. Vel sed voluptatem et sit sed.
Totam ullam est consectetur necessitatibus sequi rerum est. Architecto illo suscipit voluptatem saepe at consequuntur ratione. Quia ipsum quam aut officia atque dolorem. Voluptates consequatur quia eum dicta sapiente quas aut. Adipisci et quia dignissimos saepe consequatur sunt est consequatur.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...