As the title states, my dad knows a few MDs and Partners at BBs and Hedge funds, I was wondering where should it be best to start my career?
UPDATE: Thanks for all the helpful advice guys. Starting in the sellside will be great way to build experience and maximize my exit opportunities. I'm really grateful to have a dad like him, who can leverage my way into the corporate world, have a nice day!
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Buyside. Sellside is for losers who are only good for excel models. Now if you go into the buyside you have amazing exit opportunities. Now all the fuckers will still be doing their 2 year excel junkey work and YOU will be making $250k out of college. Now you will have to get in on the business side of whatever shit you are doing at your shit hedge fund. Spin that into a good story on why you can be a good leader. Don't forgot the leverage networks while you're at it. Also don't be a stupid fucker and fuck up. Assuming you can hold a conversation without stuttering a million times you can get into management. Now once you get into management you will be in the millions and sell side "post m14 MBA associate IB MAN!" Will be back to their 120 hour work weeks making $200k.
Good luck and feel free to reach out to meZ
Alrighty then, the thought of working in a Hedge fund is like a dream to me! :)
stop talking
?
You'll want to listen to advice from somebody who has experience in the field and take the rest with a grain of salt. There are many good posts on WSO about buyside and sell side written by those with first hand experience.
In a dark alley
LoL
I can feel the angst building in some people for you saying daddy got you their dream job. There is a disturbance in the force.
I could hardly care to be honest, that's how life is.
How do you remember the passwords to all your accounts?
Dont be an idiot, start as a teller and just use that to pivot straight into a PM position at KKR. I did it. My old man did it w/o a HS degree. Teller ==> KKR, it really is that simple.
He also walked 35 miles to school one way, uphill during typhoons and blizzards without shoes. Charlie was also everywhere.
Finally someone who understands me. Kids these days have it way too easy. SMH
Nah i'll just stick with the MS gig.
depends on the opp. if it's between MS M&A and manager due dili at Blackstone, I'd take sell side. if it's working on the high yield team at oaktree versus any IB opportunity, I'm taking buy side.
context is key.
Not a big Howard Marks guy?
total typo, love howard marks. thanks for catching
Yea choosing the MS M&A seems like a pretty good choice for starting my career.
Buyside has great comp.
True, but I need the sellside experience.
Personally I love sales, I like having to convince someone to buy from me. Like pulling chicks.
I always chose Charmander for my first Pokémon because Charizard is the goat.
Same. Ash Ketchum i choose you
Now this, WSO newcomers, is proper trolling.
Subtle, yet enough to make you smile.
+1 to OP
Your profile picture makes me laugh hysterically.
Wait. Are you a trader or a traitor?
Traitor.
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