THE prestige path
I know this is a retarded post and I’m gonna get flamed but I have to know
For context : I have no chance at any of this, bottled first round of pjt worse than the clippers did game 7 rn
If every wso user dreams of this path :
PJT RSSG / GS TMT (2 yrs) —> BX/KKR (2 yrs) —> H/S MBA (2 yrs) —> SM HF
What is THE SM HF to complete this journey?
And how many ppl actually get this path done and what do they go on to do?
Thank you in advance for answering this imperative question
Sugondese Capital
Get a life bro, cringe af
If I’ve taken the time to post this that already means I don’t have a life, can skip the hate and answer the question
bump just cause I want to see other peoples opinions on this. My guess would be the tiger cubs, activists, etc.
Elliott/TCI/Lone Pine for sure, well the MM's sure are solid but those three are something different! But hey what do I know lmao
More of this background choosing to do MM HF
What does that mean
Like post SM going MM?
the irony of it all
You forget about exeter/andover -> HYP for the complete prestige path
I miss the days WSO was mostly professionals and not cringy undergrads too pathetic to be out chasing tail or getting bag. Truly pathetic.
😨😨😨 they would have only let ppl sign up with their work email if they wanted that shit
I think it’s easy to feel this way in hindsight, but even 5 years ago the recruiting timelines and expectations of a sophomore in college were not as radical as they are now. Obviously it has always been tough to break in, but the majority of people who do so now are 100% sure since week 1 of college that this is what they want to do (and it’s mostly because of peer pressure).
Some high schooler in Argentina already figured this out for us: https://www.wallstreetoasis.com/forum/hedge-fund/most-prestigious-hedge…
Yeah I remember seeing that, poor guy got hated on so much he had to delete his account
He’s Argentinian, he deserves it
long term capital management
Pierce & Pierce
No one here is answering OP, however retarded the question and premise.
The two SM funds that would fit the trajectory above and should help you jerk off tonight are Pershing and Elliott.
Elliott looks very much like a MM these days. Without the tight limits, sure, but it's not really a SM like Pershing.
source?
Thank you good man, you’ll be in my thoughts when I jerk off tn
Ayoo. pause.
is bill ackman actually prestigious? like every time he tweets or says something on cnbc, there's like 100 headlines across every news publication
There is a big difference between prestigious and effective. I would say his fund his undeniably prestigious, as demonstrated by the media coverage it garners. His investment performance or the content of what he says, not so. But that is exactly the OP’s question: what would maximize prestige, not how to actually become a good investor (there is still a weak correlation between the two).
As someone who has walked part of this hallowed path, 90% of our people are just insecure overarchievers who can’t take a risk or think independently if their life depended on it. They just want to fit in and look impressive at cocktail parties amongst their circle of prestige obsessed friends. And that’s okay too.
No Pershing is an insanely sick role. You get paid easy 7 figures even at the analyst level and Ackman is actually pretty nice to his juniors and you have a ton of job security (and also don't work that hard tbh)
Dumb as fuck post
What’s the point of being a grown ass man hating if the first thing I said is that’s it’s a dumb post
Pre-2023 or whenever it was a handful of tiger cubs, pershing, elliot, TCI. idk now
Wage cuck in dying investing format no hairline no testosterone get married to mid sorority girl who cheats on you with the personal trainer pathway
Why is this so accurate😭😭. Dude I remember I broke up with one of my exes and she’s like flexing that dudes at aforementioned “prestigious SMs” are simping for her and tryna wife her up. Like I’m not a woman the social proofing doesn’t work for me I like u or I don’t…unless I’m all the kids in the IB/PE forum haha
Here we go
Big DAWG Capital
let's go
its obviously Nut Tree Capital Management
Would say Tiger Global, Bridgewater, Viking, Elliott (activist), TCI and Renaissance (quant)
Nobody with an IB/PE background is going to end up doing quant at Renaissance
True
TCI quant? What?.. I’m I missing something here?
Didn’t mean for TCI to be quant, only renaissance sorry for confusion
Soroban.
Dude what the fuck, a career is not like school where you can make everything always work out perfectly. Especially not in high finance, where luck is probably the most deciding factor (assuming basic qualifications are met).
Starting to think that trolls might be behind these threads.
Lone Pine
Andover -> HYP-> GS TMT -> Apollo/SL -> HBS/GSB -> Lone Pine/Tiger
However, truly the most prestigious exit op is Cantor Fitzgerald
Are you living in 2011? There’s no SM promise land anymore. That was a free lunch that’s long evaporated.
The best seat you could maybe get is landing at Pershing — they’ll hire someone with absolutely impeccable pedigree maybe every 3-5 years.
Otherwise, Viking is the only lasting HF promise land. Same thing goes, need exceptional pedigree, and they’ll hire someone every 2-4 years. It’s also brutally meritocratic, so if you’re on a very obvious trajectory to be a money maker in a substantial-7 digit annual comp bracket, you’re history.
Buyside is about punching hour ticket to getting into a seat where its heads I win, tails you lose. That used to largely the case in PE, and has to some degree corrected. In the HF business it used to also be playing on easy mode once you got in — clipping incentive on market beta. But now that’s also corrected and you have to actually earn your keep, and it’s not by having gotten into Princeton when you were 17 years old.
Thank you for this
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