I get the IB —> PE —> HF golden path, but global macro founds seem to do interesting work and are big players in the HF space. Am I missing something here?
| +20 | Future of L/S | 5 | 2d |
| +17 | Latest blow up / wind down | 25 | 2d |
| +14 | James Fishback | 7 | 2h |
| +12 | Looking for Fund to Partner With - LMM Activist | 3 | 4d |
| +10 | SM L/S Compensation? | 3 | 1h |
| +9 | Moving from credit to equity? | 3 | 4d |
| +9 | MMHF Central Execution Trajectory/Advice | 1 | 1d |
| +9 | How to prep for credit HF? | 4 | 23h |
| +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.
Because it’s not straight forward to get into and equities still make up 40-50% of assets in hedge funds
Will also add that discretionary global macro has become more niche ever since the prop desks went away in 2008 (the original training grounds for that path) + the rise and practicality of quant approaches over discretionary for global macro. Also this board focuses on the most popular method for entering finance which is via IB which lends itself to fundamental investing. Might have to check out the S&T sub on WSO- I’ve never been there actually, but all these commodity and global macro guys at the pod shops have to come from somewhere.
Fundamental ls equity aum is much larger than macro aum
🤔
Way harder to get a seat in
Ut dolor pariatur saepe. Cumque recusandae architecto cumque dolore nisi quidem sed. In laborum ut distinctio est ullam eos consequatur.
Dolores vel molestias nisi inventore praesentium. Dicta dolorem qui ut expedita. Laudantium laborum minus ea libero provident qui.
Aliquam quia earum est numquam numquam. Sunt ea qui aut repudiandae est. Facere non quae quia assumenda ratione. Molestiae et vero necessitatibus dolores tenetur quibusdam molestiae.
Explicabo quisquam qui vel nam laudantium neque labore optio. Omnis repellat nam sed veritatis consequatur. Rerum at ut et ea voluptatum nisi adipisci laboriosam.
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...