My sense is, it's substantially easier to go from ER to a ~$1B HF (vs. from a pod to small HF), and if I don't like that for whatever reason, I'd probably still have the MM option if needed
Feels harder to go from a MM pod to a smaller HF, right?
And in ER I can have patience to pick my spot better. In theory I go to the smaller HF and don't leave. While if I fall out of a MM will probably be rushed to land a new seat.
Is this the right way to approach this decision tree? Don't want to slip into head hunter discussions for a MM position
I am deciding which one is harder to read: this or a bankruptcy filing.
Lol fair. Simplified:
I'm in research, and am wondering about recruiting for a pod shop or a smaller single manager. I'm leaning towards not recruiting for pods because I think they'd limit my future options. Is the below mostly the right way to approach this decision?
Pros of pod:
Cons of pod (as I see them)
Pros of single manager:
Cons of single manager
This is pretty accurate.
However, I have heard through grapevines that some pod people have landed at some decent long onlys recently. I don't know how to read into that but just passing along.
Thanks, that's helpful. Will probably avoid pods for now and instead focus on a single manager where I fit well
Although, I do think L/S sector neutral is quite interesting and have been paper trading my sector with much success. Am working on learning a new sector for my personal account but that is essentially a second job
Sure.
I have also seen this recently (pods -> LO). But the color I've gotten is "50 identical resumes for one seat" -- so odds are unsurprisingly still ugly
For sure. In this environment, experience operating under a tight risk framework is valuable even for a long only, who is only as long term oriented as their LPs let them be (which isn't that long term).
Aut fuga et voluptas. Ipsa ex fuga consequatur quaerat. Ab quasi totam quis illum velit alias qui. Aliquam quaerat quo corrupti ut fugiat quas non.
Ut qui rerum ut dolorem aut pariatur quam. Culpa soluta veritatis architecto voluptas ipsam hic. Dolorum eum minima reiciendis quasi consequatur exercitationem. Qui culpa nihil nulla repellat.
Consequatur sit illum harum maxime maiores assumenda distinctio ea. Eveniet atque ut fuga vel natus aliquid. Non minus voluptatem neque. Quisquam velit inventore enim ex. Ut voluptatibus dolore et magni fugit quos et molestias. Et explicabo ut voluptas voluptatum error omnis praesentium vel. Repellat nihil itaque ut ut et dolorum ab odit.
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...