Ask Monty09 - Energy Trading careers, interviews, firms, etc etc

Question

Lot of energy posts popping up and would be happy to help..... few people on the site have a lot of energy exp but lets direct all questions to this post for a few days

Monty09

farmerbob · Accepted Answer

Going Concern
hahahaha...so far it looks like this Q&A thread misses the mark by a mile..."search my prior posts if you want help"...LOL! A question is partially a springboard towards the speaker having a topic on which to start the discussion and try to provide some new insight. Don't see that happening here. Might as well be talking to Siri when she's too tired to type sentences, haha.

I agree completely with what has been said here.  Both Going Concern and expenseaccounts are dead on here.  I have read Monty's posts in the past and he has given a lot of info.

Going Concern · Answer

expenseaccountsmonty09expenseaccountsmonty09wizpromonty09wizprodo you think that quantitative finance will eventually take over the physical side as well, just as how it has been widely successful on the paper side for the past decade and a half

no

why not?

phy side will always be relationship driven

For a guy who started a thread offering to answer questions, you are quite possibly the least helpful person around.

So Monty, why will the physical side always be relationship driven?

quester · Answer

monty09questerWhich one of the aforementioned environments, if any  do you think is typically best at teaching you about how to trade physical? From what I have heard, generally the majors (or more generally, places which are producers as well as traders) are seen as the best breeding grounds because you get to know the details of how a power plant/refinery fits in the trading equation and the general supply chain as they are involved in almost every part of said supply chain which is pretty important for trading.

day in and day out I cont to be impressed by the traders from BP....

monty09 · Answer

SandhurstWhat is your sense of the relative strengths/weaknesses of a career across different market players?  I.e., an oil major, a trading firm (e.g., Trifigura/Vitol/Glencore), or a bank (Morgan Stanley, Goldman, even Citi, etc).  My sense is that banks may be more likely to be more into paper than physical, but I also know that's certainly not the case for, say, Morgan Stanley.

all are in the business of making money... when you have offers from each... pick what is best for you at that moment in your life

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Ask Monty09 - Energy Trading careers, interviews, firms, etc etc

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Ask Monty09 - Energy Trading careers, interviews, firms, etc etc

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