Hedge Fund Sector Advice

Context: M&C Analyst at GS/JP/MS in London, been invited to interview for some quite "niche" L/S pods at C/P/M/B and have some questions (e.g. think neocloud coverage).

1) How important is choosing the "right" coverage universe. E.g. if the PM is good, does it really matter what the pod covers? In terms of comp, learning opportunities?

2) What is the best TMT niche to get into in L/S? Is there one? Obviously AI-adjacent stocks (semis/DC/Neos) are blowing up creating huge opportunity, but the volatility of these stocks could also backfire...

3) Is it possible to change coverage (within TMT) after a year/couple of years being in the MMHF world?

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