PE vs. Hedge Funds - skills required?

what type of hf`?

depends on the HF, but for PE - smart, driven, organized.

HFs I see more like trading...so maybe smart, big balls, disciplined.

what type of hedge fund?...idk...i guess i was just sort of grouping together all the big groups that take big risks, make the big cash, and pay the big salaries.

wso.com - i get that those who are better able to deal with big risks are better suited for hf's...but i'm talking about particular skills here...what kinds of 'smart.' do the hedge fund guys all need to be quant studs? etc.

what about the skills needed for an event-driven HF?

blueadams you still have not understood a single thing. Im sorry but u will never ever ever make even by getting 10 new degrees.

whoaaaaa....looks like not even money can get some someone laid.

im asking a pretty simple question. ive never asked it before. so i fail to see how im not 'understanding' it. im just curious...what are the main differences in skill between those that can succeed in HF and PE. i'm sure that a lot of the skills overlap of course...general intelligence, work ethic, intrapersonal skills, etc...but im wondering if there are any specific things that seperate the two.

it does depend on the type of hedge fund... global macro is different from distressed debt investing. so you might find a different type of person with a different background and personality at each.

from people i have met with and spoken to on the buyside, its like the wild west. there aren't really any rules. you just better have some big guns (big brain) and the balls to make it

sounds like the same raw skills basically...just applied and trained in different ways.

You need the same skills to be successful in either one...you just apply them in a different manner. However, to get placed in a HF, you often need to have raw processing power...so extremely high SAT/ACT/GPA/GMAT, etc.

It also doesn't help that the dividing line between what a HF is and what a PE is has become rather blurred in my opinion.

Regards

am i right in assuming that...at least sort of...HF is more for the pure genius types...PE is more for the hard-working types

??

Not that simple at all blue. You need to be smart, hardworking and driven to succeed in any of these fields. And for someone to ask what it takes to succeed in HF's shows you really know nothing about this industry. You can in no way, shape or form categorize all HF's into one. Some HF's will operate more like high frequency prop desks that only hire quant PHD's while other value based HF's will look to hire research analysts and people of the sort. These jobs are very very competitive to get, why not get some experience in finance see what your good, what you like and go from there. Get some sort of internship man and don't shoot for HF's and PE funds because they are going to turn you down with your background you have discussed and your lack of knowledge about the industry. Try and get into a boutique IB or a smaller asset management firm, something where you can learn some skillset and leverage in the future. Just try and stay away from PWM or FA because you will be on the phone selling all day not learning anything. Look for a small mutual fund, pension fund or insurance company anything you can learn a skillset from and do something analytical.

why do you even talk to that moron? he took all smart answer and turned them into even stupider questions