Global Macro Manager without any math?
Hedge funds is my biggest interest, comparable to others interest in celebrities and that kind of stuff. Now, I happend to be a nobody. I don't know anyone in finance. Heck I dropped out of school when I was 15. I guess I'm poor, uneducated and hungry, and no feelings :D
I started reading about Black-Scholes on wiki and I saw these formulas (http://en.wikipedia.org/wiki/Black%E2%80%93Schole…). So it appeared to me that I'm not as smart as I wanted to think I am. Future value is the most advanced equation I fundamentally understand (even tho I don't really get the wierd letters used when calculated).
If I were to meet a old man who is about to die in cancer (I bet Soros is going home to hell soon hehe) who happends to be a hedge fund manager and want to let me take over his position after some training, would I still be fucked and blow away billions?
To give myself a bit more of a fair chance, lets say the fund was a Global Macro and we have a bunch of quants who can stir around their magic wands with all the details and portfoliomanagement + implementation. So I just have to come up with some big scale prediction.
Still fucked?
P.S As I said I'm no genius so you don't have to harrass me for being silly :)
You're weird.
this is a stupid post. are you trolling?
You aren't fucked, you just probably won't ever work at a hedge fund.
I mean why would anyone let me become a manager when theres extremly hardworking ivy league people out there wanting the same thing? =)
Shut up Meg
Hahaha
this is worse than my troll post today.
heavy drugs here
Fucking shitty insecure ENTJs around here, you are all broke kids with ties now stop bullying others.
You're a fucking downgrade.
Wow...didn't even see the age on this one....good thing you seem to have changed, slightly...
Future advice - don't fuck with ENTJs
Nobody is bullying you. You asked a question and got an answer. You probably will never land at a hedge fund. That doesn't mean life is over. Deal with it and move on.
OP, you will never end up at a hedge fund. Best of luck in your future endeavors.
The scenario in the first post is theoretical. The question was: If I was put into the scenario of managing an already started Global Macro HF with employees doing the math, what would be the most likely outcome? So your reply was totally unnecessary since I was already the HF manager in the example.
Ah and please keep up your attempts to convince me I'm never ending up at a hedge fund to your own narrow mind. There's something called studying, and it works pretty well for learning math, finance & econ.
Do it right or get eliminated, Brady4MVP.
Thanks!Even in a hypothetical scenario you would still be a hedge fundless fuck up.
They will most likely strip you of any palpable responsibilities. Then if you don't have a majority stake in the firm, the people with power will push you out.
this is first rate trolling, OP. h/t to you sir.
to answer your question, global macro is more focused on economics, geopolitics, etc rather than higher level math, but of course, you need the basics...
again, your most likely outcome will be failure, and not because of black-scholes, but because investing is much more than coming up with "some big scale prediction"
Sorry for this thread. I was 15-16 when I wrote it, I listened way too much to the Tony Robbins "everything is possible" bullshit and thought I could pull these things off.
Damn, I still dream of becoming rich some nights... All those cars and bitches. George Soros why you no die yet???
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