16 Year Old HF PM

mdgdrvco's picture
Rank: Senior Chimp | banana points 26

Hello WSO, allow me to introduce myself. I am junior in high school from the PNW region, and I think the only thing in this world which I am good at right now, is finance (and fashion but let's not talk about that rn). I know a lot of annoying kids say this, and then they go on to talk about how they watch Bloomberg and read the Economist, but I am a bit different.
First I have actually accomplished a little bit in the field at a high school level. I was a top 5 finalist in the International Competition for DECA beating out over 20,000 students and over 100,000 worldwide, and I have consistently been the state champion in finance events. Last summer I took my DECA business to the real world creating a modern FinTech company, which only in the span of a few short months, got recognized by investors, and we are now in the process of securing series A funding. I own a nonprofit to foster entrepreneurship, and I have helped many young business owners all across the United States. Moreover being obsessed with investing like every other finance teen claims I also used to religiously study investment tactics and philosophies, particularly Ray Dalio, Stevie Cohen, and ofc Buffet. I also studied arbitrage, but obviously, I can't really do that. However, I actually did something with this. Taking some of my father money, I invested it using it and began to beat the market. I later expanded this to friends and family and now I manage a small fund of ~140K AUM(Over 120K is daddy's cash). I focused this fund on impact investing and social benefit, with a dividend reinvestment program focused on investing in crucial environmental and social issues we care deeply about. However, what I feel really sets me apart is my job. I am currently an Equity Research Analyst at a sub 10B MF, focusing my research on disruptive technologies. I already know a bit of long term modeling, and what's cool is that my research aided a position worth around $10 million dollars. I was super lucky to get this gig, but it paid off in terms of how much I was able to learn and the work I was able to do.
In terms of my academic track record, I'm alright. I have a 3.7UW GPA taking a total of 17 AP Classes over my high school career. I have an okay 1510 SAT. I know my teachers like me and I'll get good recs but I really hope that my GPA doesn't stop me from being able to attend a top undergrad business school.
In terms of career aspiration I really want to work in a HF mega-fund, becoming an PM by the time I turn 29. I feel at an PM level you can truly enact change and set strategy. I know that is almost impossible but I feel that with the love I have for this field, I could do it. I really want to go to a top undergrad business school so PE firms will even consider me for internships so I can maybe one day have a shot at being recruited from undergrad. If I lucky enough to get into a top undergrad business school I will definitely start learning modeling because I know that is like the biggest thing many HF firms look from newbies. I learned this by religiously studying the WSO PE recruitment forums, so I've picked up a thing or 2. Also, I want to do a Finance Major but I will def do a minor/double major in systems engineering or maybe CS with a focus in ML/AI so I can still have some analytical edge.
I know this was a lot and many of you may think I am an idiot, but there really is nothing else I have felt such a connection with other than finance in my whole life, and I truly feel like this is the only thing which I am capable of doing. With that being said, if any of you have any tips or anything regarding HF or the finance game in general, I would be very appreciative.

Thanks,
- Future HF PM hehe

Comments (12)

Mar 8, 2019

Best of luck, the future seems very bright for you.
Try to up your SAT a bit, to get into a target school. Also try to learn the technicalities and legalities of starting and running your own fund as an Investment Advisor. Keep running your portfolio with a written strategy and plan. Try to avoid leverage and other unecessary financial burdens like credit cards and high living, stay grounded and ponder upon what has made you a success so far. And get better at what's working for you.
Try to eat clean.

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Mar 8, 2019

Thank you, sir. I really appreciate it, will do. I'm taking the SAT again tmr so hopefully, it will get a bit better soon.

Mar 8, 2019

You just said you want to be a PE MD. That is completely different than HF PM.

Mar 8, 2019

Ya, my bad. I posted this in the PE forum the get their opinion too. I forgot to change some shit lol. But yea I get that there is a huge difference.

Mar 8, 2019

You don't have a hedge fund. You have your dad's bank account number that he lets you use for "trading".

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Mar 8, 2019

and you work in IBD, we all have things we could do better :-)

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Mar 8, 2019

lmaooooooooooooo

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Mar 8, 2019
mdgdrvco:

and you work in IBD, we all have things we could do better :-)

LOL! wow.

Funniest
Mar 8, 2019

Only 16 years old and you've already mastered the art of a clickbait title on WSO. The future is indeed bright for you.

Mar 8, 2019

hehehehehehehehehe

Mar 8, 2019

Off to a good start kid.

If I were you I'd raise the Series A and hire an experienced executive team. Preserve as much of your equity as possible and build that business. Sell.

Manage your new money and hire a team of analysts to do the grunt work. When you get to make the investment decisions, you get to impact the world with your choices.

This might not be interesting to you if dad's already got the family fund going.

Lastly - Don't let your early success or wealthy background get to your head. People will like you less, and the future is not guaranteed. I've seen many a child prodigy turn into dbags and coke heads. Be nice to people and don't do too much drugs.

BTW - don't forget to try to enjoy HS while you still can.

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Mar 8, 2019