A hedge fund is an official partnership of investors who pool money together to be guided by professional management firms, not unlike a mutual fund. ... The investing purpose of hedge funds is to maximize returns, but managing firms use different strategies to achieve this goal.
| +20 | Future of L/S | 5 | 2d |
| +17 | Latest blow up / wind down | 25 | 2d |
| +12 | Looking for Fund to Partner With - LMM Activist | 3 | 4d |
| +11 | James Fishback | 6 | 4h |
| +10 | SM L/S Compensation? | 2 | 16h |
| +9 | Moving from credit to equity? | 3 | 4d |
| +9 | MMHF Central Execution Trajectory/Advice | 1 | 23h |
| +6 | How to prep for credit HF? | 4 | 20h |
| +3 | Chefs at Pod Shops | 2 | 2d |
| +1 | The best cover letter for L/S | 2 | 3d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
So pretty much, to sum up HFs....
They round up a bunch of Ivy League betas, give them some money, and hope they can create some alpha
Yeah. The betas use delta strats to try to reduce gamma while engaging in high omega instruments tested in low sigma conditions to try and generate some sorry excuse of an alpha.
Yard work specializing in square shaped bushes
Tempora esse laudantium distinctio. Itaque consequatur inventore consequatur in minus. Occaecati nostrum cum voluptates in ut.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...