Anyone know guys at shops that killed it last year? How much did they make?
Anyone know people at $4bn+ L/S funds that were up like 35%+ but also run lean? How much did they make, and how many years of experience (ball park)?
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Interested and curious. I know someone at Melvin that was pushing $2mm I think, but that won't happen this year haha. I'm sure D1 was similar, Tiger/Lone Pine maybe $3-4. Anyone hear things?
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Y’all need to chill with this $$$ thing. You will make bank in any position if you kill it, period. You won’t be up 20-30% every year vs the benchmark that’s for sure. Just go back to work cause liking $ isn’t the only performance driver at these places
I not type of guy to get FOMO but these posts make me feel it a little and this past year has been bad. Appreciate your post because I think the same , I think this obsessiveness is a bad neurosis honestly that people don’t self reflect on to realize
That being said fuck why did I sell my Bitcoin when it was 10k
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L/S guys did not make the top bank as year. Sure if you own D1/Tiger but even those places made money across various strategies last year.
Global Macro and FICC had a crazy year as had this little event called the pandemic.
Traders/PMs in converts probably made most money last year.
i know a 1st year analyst, running a $500MM L/S book at a MM, cleared $69mm last year. He did this while also running the TMT group at GS and investor relations for Blackstone. He hasn't slept for 57 weeks now but loves to tell college kids about his comp and exit ops -- especially on anonymous message boards.
Few understand this...
what're his exit opps tho?
I heard he is vacationing in the hamptons until he turns 35 to run for POTUS. Recently turned down the upcoming Fed Chair position, citing the only president he'd work for is Ronald Reagan.
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