Managing book while on vacation
New PM here, how do you guys manage your books while on vacation?
De-risk beforehand and relax? Log in daily to check pnl? Leave it in your analysts' hands? Or do you just not take any holiday?
New PM here, how do you guys manage your books while on vacation?
De-risk beforehand and relax? Log in daily to check pnl? Leave it in your analysts' hands? Or do you just not take any holiday?
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I spoke to a tenured PM who said he has his IT guy get him set up at his hotel whenever he goes on vacation and that he hasn't had a real vacation since he became a PM.
He's in a pretty volatile sector though, so maybe that makes a difference.
Mileage truly varies: different personality types, different asset classes, different strategies, different fund cultures, different team structures, and different personal preferences all impact what makes the most sense.
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