Any HF managers that did not go to a top school?
I recently had a conversation with a hf manager and it was mind-blowing how he pretty much insinuated that it is impossible to get a good hf job unless you go to a top tier school. He said the only people he ever knew that did not go to a target school pretty much ad 4.0 gpa's.
Although this is not going to stop me from trying to succeed, I am very curious if their are any hf managers that did not go to a great school. The truth is, I cannot think of one...
Yes. It is 100% impossible because one man said so
Plenty. Look through different funds' websites, and you'll find that a ton of different schools are represented, especially for undergrad (less so for MBA).
Plenty...Although, I don't believe that is what you should be focused on Leon Cooperman - Omega Advisors - Hunter College Glen Dubin + Henry Sweica - Highbridge Capital Bruce Richards - Marathon Asset Management Marc Larsy - Avenue Capital
david einhorn - the ultimate safety school
Anecdotally, a good friend of mine was a PM at a major HF and went to Penn State.
I know a guy who flunked out of two different colleges and now manages around $9b so...
Depends on your definition of "good" HF. If you're only looking at the 20-30 hedge funds most people know you're being a little restrictive with your definition of good imo. Same goes for your definition of "good" schools.
Still, Ray Dalio, T Boone Pickens come to mind. Former has Harvard MBA (regional school BA iirc) though, which might disqualify him in your eyes.
But I think it is balanced out by the fact that literally nobody has heard of Long Island University before(it doesn't even have an acceptance rate).
Ray literally made me know of Long Island and LIU's existence
Lol... Is there a "Hedge Fund Manager" major at the top schools or something?
A kid a my Ivy created his own major called "Quantitative Asset Management". Kid was literally the sharpest person I've ever met and theorized about math problems all day in his head. He sold some signal processing algorithm to Citi for $11M during his sophomore year.
He's gonna be the next Jim Simons.
Well was he?
Stan Druckenmiller went to a tiny school in the middle of nowhere Maine. Does he count as a hedge fund manager? I mean technically he is only a family office manager now.
Take a look at any fund in Texas. It's like they all went to UT.
Plenty of fund managers have come out of strong state schools like UMich, UVA, UT, etc, as well as some that come from complete non-targets as listed above. As said above, there's plenty of variety for undergrad, but sometimes less so for grad school if they attended.
Examples:
Boaz Weinstein - Saba Capital - UMich Julian Robertson - Tiger - UNC Paul Tudor Jones - Tudor Investment Corp - UVA Lee Ainslie - Maverick Capital (Tiger Cub) - UVA Michael F. Price - Mfp Investors - OU Kyle Bass - Hayman Capital - TCU
Ehh. UVA and UNC are pretty competitive now, with sub 30% acceptance rates.
I went to South Dakota School of Mines and run at least $14k.
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