Anyone know what happened to Jan Sramek?
I know he is doing something else not related to trading. This guy was highly touted as the Kobe Bryant of trading and some powerful hedge fund managers grooming him for the very top. Anyone know what happened? Just curious
"We are confident he will be considered for Wall St. Cheat Sheet’s Top 3 Traders Under 30 list for many years to come" but he actually left the entire industry the next year.
Founded Erudify
I mean, why did he leave trading? actually the entire finance industry
same reason lots of people leave it, because they made too much money :)
I highly doubt he made much money in 2 short years at a public company such as GS
Maybe because academic achievements and a great CV do not necessarily generate alpha?!
I personally know Jan so I will just shoot straight to it:
Founded Erudify in Switzerland with 2 other partners and aggressively hired software developers to further develop their education learning platform. He left trading because he wanted to pursue entrepreneurship -- that's the cover story. The real reason is due to an inability to pull out a satisfactory pnl for the desk. GS also was doing a series of cutbacks based on performance...you figure out the rest.
Wow. I thought he was some sort of badass trader at GS. Even in my NYC S&T desk people were talking about him in awestruck tones. Hilarious that most of his "performance" was based on perception rather than reality (of course assuming Urban Guerrilla's story is true).
after two years????
is Erudify profitable so far? I'm just curious.
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