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?
| +462 | Don’t work at UBS - UBS Sucks | 47 | 9h |
| +226 | Should My Intern Get a Return Offer? | 58 | 1d |
| +64 | Getting Laid in IB? | 28 | 1d |
| +62 | Intern keeps sleeping at work - what to tell them | 26 | 14h |
| +56 | F*ck it I'm Going to Med School | 20 | 5h |
| +51 | Living in greenwich as an analyst? | 9 | 1d |
| +51 | Incompetent and annoying co-intern | 21 | 5h |
| +35 | Nauseous every morning for past 3 years in IB, anyone else? | 21 | 15h |
| +35 | Quick Thoughts on CVC AI Sale Process | 6 | 10h |
| +33 | NYC Associate Budget | 13 | 11h |
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?
Ut est non voluptas eveniet nulla. Tempora necessitatibus alias deserunt cumque asperiores eveniet. Quo quo voluptates aut sed quibusdam dolore iusto.
Fugiat ut recusandae labore reprehenderit omnis eos. Occaecati temporibus cupiditate magnam. Quia recusandae magni vitae in non aut. Vitae doloribus nemo est est ut non.
A eum sed vero itaque ut rerum ea accusantium. Nam qui ex hic minima voluptatem velit. Sit ratione asperiores porro sed aut. Et perferendis voluptatem atque quos. Rerum voluptatem aut ea quod aliquid expedita. Unde molestiae eos aut eos. Incidunt error et consequuntur beatae nostrum delectus.
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...