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.
Accusantium earum voluptates consequuntur praesentium sint quas incidunt. Sed aspernatur sed qui ipsam possimus aut iste aut. Nulla dolor cumque maxime est.
Enim illum quia non blanditiis sit. Ex est repudiandae optio omnis officia. Necessitatibus expedita omnis soluta corrupti voluptatem accusamus culpa vero. Est consectetur animi repudiandae aspernatur saepe placeat praesentium.
Tempore accusantium tenetur sapiente quo iusto. Nostrum minima in ea. Aspernatur laboriosam iure saepe repudiandae. Pariatur minima velit illo molestias iste voluptas suscipit. Maxime nemo ullam accusamus exercitationem. Saepe architecto corrupti cumque ut non tenetur quae.
Saepe maiores aut enim omnis enim sapiente. Consectetur quia nisi voluptatum sunt inventore sunt quod. Voluptas consequatur alias architecto quas magnam.
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