Hi through networking, in the process for some Tier 2 LS such as XP, Walleye, etc. All seem to be new-ish programs and very unstructured. Wondering if these would be bad ideas to take vs ER or LMM IB if interested in investing long term.
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imagine going to er or lmm over walleye
Not totally unreasonable? Walleye doesn't have any of the analyst development that the big 4 have, and Walleye has an extremely bad track record at not firing people after a year.
By going to ER/IB, you mitigate the very real "out of job after a year" scenario.
Firing people after a year at Walleye? Hey 2018 called, it wants its hedge fund reputations handbook back. Time to get some updates in your database
^^Thx this is the key question
Ayneone else have opinions?
I'll slightly defend my original position though i think the objection raised is reasonable.
I think that your perceived value will be higher from a place like walleye making it easier to re-recruit if something goes wrong. Also, the right tailed outcomes are way more.
If you are interested in investing roles you will also probably learn more and have a better time doing an investing role rather than some tangentially related banking role.
as always it’s more about the PM then the fund. A top PM at Walleye is better than a newbie at P72
Hi can I message you? Would love to learn how you networked and any advice you have for a current college junior. Thanks!!
Any buyside is better than sell side research
B
Can I dm you? I’m looking for hedge funds rn and I have no idea where to start other than the big academy programs (CAP, P72, Catalyst). I’m a non-target school but I have some good stock pitch comp placements
are you the bridgewater metaculus winner guy by any chance?
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