Importance of Shorts in PA for L/S Equity HFs
I hold 10 or so long names in my PA, a mix of value, GARP, and more hyper-growth names. I have 3 shorts and they have all done pretty well, but my net long is still in the 90s. My question is -- is it common for L/S equity HF candidates to run close to market neutral in their PA?
Seriously? As a job candidate you can do whatever the hell you want in your PA. No one cares about your net exposure.
Of course it's helpful in an interview to be able to talk knowledgeably about both long and short positions and to have an investment philosophy consistent with where you want to work. Having investing experience on your own is a good thing as long as you're still willing to learn.
I think shorts are going to be a seldom used thing in PA, although that depends on if you're in Philly or Erie I suppose. if you get some, I'd go with the ones that start as pants and zip off into shorts, those seem pretty in. and make sure you've got some good crocs or merrells (your podiatrist will thank you). if I were you, I'd focus more on dress clothes, that will probably help you more during your interview.
I would ditch shorts in your PA if you plan on working in the industry. I wouldn't want to get stuck in a short-squeeze while waiting 1-3 days to preclear trades, or if you are subject to holding periods.
And yeah, can't believe you're asking this question.
Dolorum tenetur similique ut. Iusto quod nemo rerum itaque velit aliquid ab.
Consequuntur qui qui fugit ea. Veniam culpa deleniti expedita ipsam. Delectus culpa et et.
Aperiam debitis iure rerum. Non enim ut voluptas vero ut. Ullam explicabo omnis reprehenderit ut odio tempora. Est quia iste ratione in iure. Ut fugit ut quis.
Consequatur delectus cum assumenda vel itaque placeat earum veritatis. Consequatur id iusto hic neque eligendi ad explicabo. Aut asperiores pariatur pariatur rem. Ea qui distinctio ut eos et laborum laboriosam eos. Aliquam voluptates debitis rerum quia vero aut dignissimos delectus.
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...