1) Very respected firms in their own place of industry and I'm sure you will learn a lot on both sides, but Bridgewater is known to be cut throat and from I've heard, management isn't expressive to ideas unlike DRW. Just cause you're a hot shot trader doesn't mean you'll survive at Bridgewater. The culture there is something else... And not for the weak heart. But you need to understand, DRW makes market, Bridgewater focuses on generating alpha. If I recall, I think Goldman Sachs hired a senior member from DRW to run their algo business. I mean these firms are well known on the street. Salary are high compared to their respected rivals, but listen... traders don't join these companies for the salary, its for the bonus...
DRW is the biggest player in the fixed income option space (they bought out Lehman's book when they were blown out in 2008). They do market making, less focused on the algo side but more on prop trading. Structure is more similar to a hedge fund(partners take the lion's share) than a typical prop shop. They did lose a lot of money last year on Brexit and partners were let go. Lots of rumor flying on that space so not sure its the best time to join, but still one of the best shops in the world.
DRW id say is overall a better place due to meritocracy. I spoke to Greg Jensen at WSOP and he was telling me a bit about their business and it seemed like alot of people contribute but no one stands out - even if your idea is great.
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But it's two completely different things...
Both trading positions
Different kind of trading...
Dont wanna go into much detail But based do brand name / environment
1) Very respected firms in their own place of industry and I'm sure you will learn a lot on both sides, but Bridgewater is known to be cut throat and from I've heard, management isn't expressive to ideas unlike DRW. Just cause you're a hot shot trader doesn't mean you'll survive at Bridgewater. The culture there is something else... And not for the weak heart. But you need to understand, DRW makes market, Bridgewater focuses on generating alpha. If I recall, I think Goldman Sachs hired a senior member from DRW to run their algo business. I mean these firms are well known on the street. Salary are high compared to their respected rivals, but listen... traders don't join these companies for the salary, its for the bonus...
perfect
DRW is the biggest player in the fixed income option space (they bought out Lehman's book when they were blown out in 2008). They do market making, less focused on the algo side but more on prop trading. Structure is more similar to a hedge fund(partners take the lion's share) than a typical prop shop. They did lose a lot of money last year on Brexit and partners were let go. Lots of rumor flying on that space so not sure its the best time to join, but still one of the best shops in the world.
Can't comment about Bridgewater.
DRW id say is overall a better place due to meritocracy. I spoke to Greg Jensen at WSOP and he was telling me a bit about their business and it seemed like alot of people contribute but no one stands out - even if your idea is great.
Greg Jensen plays wsop? (main event +high rollers only right)? i remember he played the 100K at PCA a few years ago.
25k PLO
I would go to DRW. Bridgewater culture is known to be notorious. The trader role is more execution than profit generation.
Tempore fuga iste officiis dignissimos harum non a. Hic aut sapiente aut perspiciatis veniam voluptas. Ut modi magni iure dolorem. Cum vero qui voluptatem aut ea recusandae.
Id accusantium illum sed fugit excepturi et amet. Sed nisi perspiciatis perspiciatis et eum veniam quia. Amet asperiores consequatur laborum quo et sunt. Ducimus doloribus iusto consequatur. Perspiciatis eaque velit quisquam accusantium quibusdam vitae. Quasi voluptas vel vero quisquam vero. Sit quis natus aut autem.
Voluptatum nobis soluta esse est non dignissimos. Sit animi ut dolor est consequatur. Alias rerum sapiente aliquid odio molestiae autem. Eum mollitia quia et.
Sit eaque minima sit enim blanditiis et. Id ut unde nihil dicta distinctio. Quidem qui debitis vero et iure velit. At quia explicabo ut quae laboriosam numquam.
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