Can a Portfolio Manager make 8 or 9 figure on good year at Top multi manager hedge fund?

In top multi manager hedge fund is it true can a Portfolio Manager earn 8 or 9 figure on a good year? And how much earn a Portfolio Manager in average year at top multi manager hedge fund?

 

8 figures definitely, but 9 figures would be in the realm of a senior PM or senior partner. There are "many" PMs who bat such numbers but they are outliers. Being an average PM or senior analyst at any of these shops already make you an outlier, so to consistently be successful with a book large enough to print an 8 figure compensation, you would be in fantasy land for most of us.

 
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Let’s feed the troll?

It’s like you’re asking “if I start playing basketball as a kid, can I make the NBA?”. Yeah sure, its not impossible but you need a shitload of hard work, talent and luck. All three are necessary and only one of them is in your control, but the other two are probably bigger factors.

And no, just because you did great in school / college / IB analyst gig it doesn’t mean you’re talented compared your competitors - that is the baseline. From that point idk how many IB analysts try and manoeuvre into a risk taking seat at a MM and how many of them manage to get there, but of those that do, 80% fail and maybe 5-10% of the survivors generate enough PnL for a consistent 8 figure payday. So we can maybe guess 0.5-2% chance of making it that big if you give it your all once you’re an analyst.

9 figures? That needs 500m PnL. That’s more than most prop shops’ entire European offices generate in non freak years. Shit, this is more like “I shot a 3 pointer in a pickup game, will I ever join the Hall of Fame?”.

Anyway if you’re the type of person to spend time dicking around on these forums like the rest of us clowns instead of getting shit done you’re probably nowhere near driven enough to ever pull down that kind of money lmao

 

I am not even here to engage with the troll. Just here to chat basketball. 

For real, hard work is only factor in control (and totes true that most don't have MJ/Kobe work ethic). And then you need Giannis talent and finally need luck (ie. not get knees blown out during one's prime). 

 

I think that line of thought carries over to most competitive disciplines tbh. Since so few actually work that hard, an obsessive MJ/Kobe work ethic probably could take most chumps in their profession to the top few percent (playing a sport semi-professionally, ED/MD at a bank), but to hit the 99.9% and beyond (pro athlete in the top league, crusher PM) it just ain’t sufficient.

 

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