Got offered a commodities research role at GS. In the end, I would like to trade commodities, not do research. Does this put me in a good place to do this? How about moving to a physical house like trafigura, or a hedge fund -- would this be possible? Essentially, what are my exit opps?
| +211 | Just One More Year | 17 | 4h |
| +172 | Piper Sandler in talks to acquire PWP | 74 | 5d |
| +124 | UBS Appears to be Exploring Sale | 19 | 2d |
| +87 | Paradise Is Paradise | 8 | 9h |
| +77 | Drunk VP. How to manage? | 27 | 1d |
| +38 | How do I take my foot off the gas? (AN1) | 4 | 1d |
| +38 | Lazard US Views 2026/2027 | 13 | 1d |
| +32 | M&A is Paradise | 1 | 6d |
| +25 | Why did EVR succeed vs GHL or PWP that ended up getting acquired? | 7 | 3d |
| +24 | HR is starting to worry me, do I throw a hail mary during an upcoming chat with an MD? | 4 | 51m |
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.
I'd think that most hedge funds with commodity departments would have roles for you. Unfortunately , there's a big difference between producing research ideas and deciding how much capital to allocate to the idea , sizing up the trade , letting it run , and when to cut out of it - and responsibility for the attendant Profit or Loss. That is the essence of the difference between a PM and a Research Analyst. You could try to lateral into Goldman Sachs Asset Management? What's your background?
If you want to be in a position where you put on significant discretionary positions in commodities based on research , then S&T at an IB is probably not the best fit. I don't think they are in that business any more. Even if they are, by the time you're trusted to do it , these activities will have been pared back dramatically. Let's take this discussion off the board. PM me with what sort of role you're looking for.
How old are you?
Nihil minima fuga excepturi iure quaerat. Et non voluptatum sunt suscipit nostrum dicta ut. Adipisci corporis quo officiis velit quis tempora nulla. Dignissimos tempore odit repellendus eaque similique aut sint. Non quas fugit et aspernatur quis similique. Porro commodi qui culpa eos qui aut.
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...