What is harder, HF or PE out of Banking???

Hi Monkeys,

I looked through WSO for these answers and they don't seem to be modernly answered and or aggregated anywhere, so here they go:

1. What is more competitive to get into out of banking, PE or HF's? It seems to be more desired to work in PE, they interview way in advance, the roles seem more fixed and planned in duration and style, and I don't notice as much chatter about HF recruiting and or see hundreds of juniors rushing around in a three day period for the jobs.

2. What is the difference in hours/lifestyle on the average? I am talking AVERAGE not how many hours do you work at Carlyle vs. at Point 72. No. No. No. What is the average lifestyle of someone in these two different industries. HF guys SEEM to deal with less late nights and or long weekends.

3. What are the stress levels? Is it more of a pain to deal with a bake-off or a stock you are long on that is currently nose-diving?

4. What is more fun? (Which one is easier to get out of bed in the morning for)? Someone who has done both or has intimate relationships with ppl in both please voice you opinion. Not interested in hearing the classic self-justified holier than thou reasons that someone who is in either bubble self-propagates and believes. If you worked in both (ideally) or work in one and have a roommate in another, answer please.

5. Culture, what are the ppl like on AVERAGE in both? HF stereotype is that of characters on Billions, over enthused and hyper-outgoing, and PE guy stereotypes are being stiff and calculated ppl who don't have many hobbies outside of work. Any level of validity here?

6. Career trajectory: what is the better skill-set and path, objectively? It seems that HF's are risky and PE is less risky, with more transferable business skill sets.

Looking forward to seeing these questions answered!

• The Cheeky Chimp