Title says it all - basically what do you think separates the people in this industry who make millions before the age of 35 and those who washout or stay analysts until retirement? Luck/right place right time, raw talent/mental firepower, having a good mentor, or all of the above?
| +24 | % of pods making 9 figures consistently? | 29 | 2d |
| +14 | Average single manager slope | 5 | 19h |
| +13 | Fastest Way to MMHF? | 6 | 1d |
| +6 | Bad PM | 4 | 6h |
| +5 | X | 6 | 1h |
| +4 | Amakor Capital - Who are these guys? | 2 | 5d |
| +2 | Walleye SA 2027 | 4 | 1d |
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https://www.wallstreetoasis.com/forum/hedge-fund/interested-to-hear-fro…
https://www.wallstreetoasis.com/forum/hedge-fund/do-you-regret-going-in…
Read Partner in HF comments on those threads
I think you're off if your guiding light is to make it big by 35. It should be to make it and to stay there.. i've seen a good deal of guys that became PMs at 30 before they were ready (had little experience managing through cycle turns or macro externalities), blew up at 31, never were given a chance to manage risk again.
Slow and steady wins the race.
millions is not the same as making it big - OP seemed to imply they want to get to a seat that can pay millions by then?
Not sure I agree. Yes loads of people have flaked out early 30s but some have been promoted to PM early and have stayed there for years while making bank. OP wants to know what differentiates those people. Why were some able to be ready as PMs and develop staying power while others flake out?
100% agree with MMPM
A solid Process. Lmao
What makes a solid process?
Yelling at your analysts
Go read Mark Sellers note called So You Want To Be The Next Warren Buffett.
That was a solid read. Going to print that one off and come back to it every now and again. Love interactions like this on WSO. Thanks.
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