Grass is greener - how to deal?

Currently in a pretty good stressed/HY credit seat at a name brand shop. I get treated well and have a lot of responsibility for my level. Job is fairly intellectually stimulating and colleagues are nice.

However, I have internal debates all day every day about what else I could be doing. Being a debt investor, I often wonder if I should try out public equity or growth investing. At a rational level, I think I know that buyside work is ultimately pretty similar regardless of your role (underwrite businesses and some bespoke structuring which I honestly think is such an overblown “skill”) but I just have this itch.

Am I supposed to go take some detours and try a few different things out to make sure I have no regrets? Or should I just keep my nose to the grindstone where I’m at and focus on advancing and compounding my network/connections in my area? I’m at a firm where I wouldn’t mind spending my entire career so wary of making unnecessary jumps only to regret it and wonder if I’m suffering from “grass is greener” syndrome. But also concerned if I’m pigeonholing myself onto a one track career so soon. I’m 3 years into my buyside career and 5 years total including IBD.

Anyone ever feel like this?

 

You should worry about pigeonholing if you think your sector has an existential crisis coming in a few years. If not, keep compounding and don't let fomo or need for action derail you from a nice life of extracting rents using your niche (read: moated) skillset.

Suggestions: take up a new hobby, or invest in startups as a retail investor to scratch your itch

 

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