If we were to exclude the quant funds such as RenTec, DE Shaw, Two Sigma, etc., which buyside firms (hedge funds, private equity, venture capital) do you think have the smartest people?
From my personal experience, I have been insanely impressed by investors at Elliott, Apollo, Coatue, IVP, D1, Dragoneer.
| +39 | How much modeling do experienced HF analysts/PMs actually do? | 16 | 14h |
| +22 | Buy Side Credit - Seats / Guide | 8 | 1d |
| +18 | London buy side | 3 | 1d |
| +18 | Hedge Fund Pivot | 7 | 16h |
| +11 | Mid-career shift to buy side with niche background | 3 | 4d |
| +10 | Wfh / work remotely at MMs or SMs? | 6 | 14h |
| +9 | Why do stocks have any value? | 1 | 3h |
| +4 | Atlantic Wolf Capital Closing? | 7 | 6h |
| +3 | How old is too old? | 3 | 2d |
| 0 | Hedge funds | 1 | 4d |
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Wow you must have room temp IQ if you've been impressed by the retards at D1 and Dragoneer who are still down 40% YTD
Says the retard who is still making pitch deck and the deal flow is as dry as your girl's v
Damn lol BURN!! Research analyst in AM - Equities ROASTED An 1 in IB M&A! Apply cold water to the BURNT area, An1!
Why exclude the quant funds? Is the assumption that, if you included them, they would all be at the top? LOL
no shit
Lol exactly
Smartest people outside of QRs at the type of firm mentioned are macro/RV guys at places like Brevan, Bluecrest, Capula, Rokos, LMR, etc. That being said, if we're making no exclusions, clearly the smartest people in finance are at rentech, de shaw, etc
Brevan, Rokos, Bluecrest are all down significantly on the year
Brevan is down 3%. Rokos 7%. In probably a 20 sigma rates move in the front end. Not like Tiger cubs down 50%+ last year lol it’s a different level
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Yeah not sure how Coatue / D1 snuck into this list.. super subjective question too tbh.
There's a difference between intelligence and success in the HF world and the latter matters far more than the former. Often times people mix the two but given the recent environment we've been able to (more or less) separate smart vs. fortunate. If D1 is your barometer of intelligence because they hire a swath of analysts from Ivy League schools yet incinerate institutional capital for their investors while investing in shit-co's then I'm not sure we can really answer who the "smartest buyside firms" even are.
The smartest buyside firms are guys who think critically, work hard, and generate strong returns. Plenty of those that exist that aren't the sexy D1 / Tiger cohort.
I've always been impressed with Maverick but their recent returns are kinda mid
Matrix
In terms of AM: Wellington and PIMCO for equity and fixed income, respectively
Soroban
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