Trending Content - Hedge Fund Forum
| +23 | % of pods making 9 figures consistently? | 29 | 15h |
| +12 | Fastest Way to MMHF? | 6 | 19m |
| +6 | Average single manager slope | 1 | 9h |
| +6 | Bad PM | 1 | 1d |
| +6 | Credit HF Guys: How much do you think abt "value" | 7 | 1d |
| +4 | Amakor Capital - Who are these guys? | 2 | 4d |
| +3 | culture at citadel macro | 1 | 6d |
| +3 | 4 YOE in ER & 30 years old | 5 | 1d |
| +2 | Walleye SA 2027 | 3 | 2d |
Career Resources
Based on the most helpful WSO content, there are indeed differences between L/S equity and L/S credit pods at big MMs.
In terms of culture, it can vary widely depending on the specific firm and team. However, in general, L/S equity tends to involve more research and analysis of company fundamentals, while L/S credit may involve more analysis of financial structures and debt covenants.
As for compensation, it's mentioned that the economics are likely going to be different across the board. In a pod shop, analysts/associates might get paid a percentage of the PnL that their book makes, completely dictated by the PM.
In terms of outcomes, it's been noted that equity L/S can have more mispricing opportunities, and if you're good, you might have a better sharpe, which means less risk for the same level of return. On the other hand, credit L/S might involve less stress and easier money.
Remember, these are general observations and the actual experience can vary greatly depending on a multitude of factors.
Sources: L/S vs LO from a non-monetary perspective, https://www.wallstreetoasis.com/forum/private-equity/then-and-now-compbanker?customgpt=1, Why is everyone obsessed with equity L/S, How do top credit shops compare to MM/LMM buyout?
Tenetur voluptatibus possimus minus quibusdam. Illum ratione quasi eaque nesciunt. Autem repellendus debitis similique omnis accusamus totam.
Et sed ut itaque quasi amet quas. Iste mollitia modi doloremque quisquam provident sed. Odio quis assumenda et. Cum doloribus amet ut omnis quod dolorum sequi aut.
Est sunt molestiae tenetur aut. In ut itaque nihil vero temporibus error facilis. Velit saepe qui aut quia voluptatem quasi commodi. Voluptas inventore amet sunt est. In ducimus dolor dolores aut.
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...