Stay or leave?
started at a mid-sized crossover credit & eq shop (more spec-sits / event-driven but with a trading flavor) out of school about a year ago and really lucky to have two offers for either TMT + consumer L/S (net-10%, factor "aware") and energy crossover (public + private credit/equities). both shops are larger + more reputable than current firm but similar comp (comparable AUM / IP). For my current seat I trade credit & eq during the day + do research in evenings/weekends (hours are similar to my peers who went for banking).
really confused on whether I should stay or leave?
tilt more equities oriented (would rather own on R/R) than my PM, but I do enjoy distressed exchanges, reorg equities, and the event-driven model I've been in so far. basically I only like credit if I can buy for at least a mid-teens return. Do like the market-neutral model but sometimes I like the flex to take market exposure if macro is part of my thesis.
am I being too fucking picky? leaning towards energy but my only exposure to the sector is on the distressed side fully hedged on commodity risk.