16 Comments
 

I literally say in my post that I haven’t put much thought into it. Not something I just woke up and decided to do. I enjoy following the macro environment and am an econ major. Why would I not go on the forum where people are at a place I’m interested in generally and just ask. Don’t see the harm in that

 
Most Helpful

Because 1) it's lazy and 2) if you ask shitty questions you'll get shitty answers. 

On 1), if you really want to be in the HF game (or any investing for that matter) it's all about doing deep research to develop some unique insight you think you can profit off of. Guys who get paid to do this kind of deep work 70+ hours a week will get annoyed if you tell them you want to break into their industry but don't show you've already done some kind of similar research into the industry itself. Is it fair? I could argue both sides but the point is you're going to annoy buyside folks if you come across as lazy. Period.

On 2) your question is so broad and surface level I don't even know where to begin with an answer even if I wanted to be helpful. Why do you want to be a HF analyst? What about the job excites you? What specific strategies are you interested in? My advice to you will be totally different if you tell me you really want to do merger arb vs. L/S equity vs. distressed credit etc. You'll learn this in your upcoming SA but there's a saying on the street of "garbage in, garbage out" which means if you start with shitty inputs (your generic question in this case) you're basically guaranteed shitty outputs (unhelpful answers here). 

I and many others on WSO like to be helpful but you gotta help us help you, man.

 

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