Signed to a MM HF, want to renege
Am a rising senior. Currently signed to a MM HF, realized that it might not be where I want to start out. Have an EB offer and want to take it. Any risk I should consider?
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I’d pull the trigger on that, you can always go to a MM later.
Curious about this, as I’m also going into a MM. What exactly are you giving up when starting out your career this way? Have always been interested in public equities but am actually curious about what’s supposed to happen if I find out I absolutely hate it.
Not the original poster, but for me was a few factors
- Platform shops have a specific investing style that doesn’t suit me (focus on quarterly earnings as catalysts). I am more interested in activism and special situations.
- I want to be a Generalist Investor.
- Platforms have very little job security and there isn’t guaranteed team placement after MMHF training programs.
- The training programs themselves seem needlessly competitive and I’m admittedly just not ready to join the buyside 6 months after graduating (after the training program).
Went for an M&A role at EB instead and am looking to play the long game with PE for two years and HF after that.
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