Great Return Bad Grades
So I'm currently a junior in college, I'm studying finance and a minor in economics. I played football from the second grade and loved everything about it. Until I switched my passion to Stock trading in the 10th grade, it's the same euphoric feeling to me as playing football. I started doing my research on the stock trading in general when I was a freshmen in high school. I would watch Mad Money and CNBC as much as I could, along with reading books by; Peter Lynch and Jim Cramer. I worked my ass off as a valet in high school to set aside some money to trade with, I put 8K in my IRA by the time I graduated. I was able to secure shares of Dave and Busters at its IPO price of $16 senior year. This was my first four bagger, and I was hooked. Now It's not all about the money, but you know what, it's a damn nice thing to have. I am trading mostly options on stocks and futures. I am currently running a small fund of around 150K and in two years have an annualized return of 85%. On the not so nice side of things my college GPA is sitting at a 2.6. If I can keep these kinds of returns up for the next two years, while boosting my GPA to a 3.0, Do I have a good chance at getting a job at a hedge fund or any type of fund in private equity? Or would I be better off running my own Hedge fund?
Quality shitpost. I'm not sure whether an SB or MS would be more appropriate :(
Man I'm just trying to get some advice here, also SB?
Get the grades up, son. None of us WSOers know the circumstances of your return, but you could've literally scored a homerun that made up the majority of the return. If you can push out several trades (hence not a lucky guess among a few) and still have those kinds of returns, that might suffice if you can show a multi-year track record.
Thanks for the advice, I appreciate it. I will definitely work my ass off to improve my GPA. It's been a few big trades coupled with a bunch of small gainers.
lol is this a serious question?
no dude get your grades up and get into ib if want to work in PE. HF is still almost as pedigree focused so will unlikely as well.
Yeah of course it is... considering hedge funds returned an average of a sad 6% in 2016, yes it is a serious question... It's hard to believe that funds would rather see a kid with great grades in classes that have almost nothing to do with actual trading, than one who's actually successfully managed money...
getting massive returns for a few years with a couple thousand dollars is not as impressive as it may seem, there are entirely different dynamics at a large HF. They would rather have a kid who is well learned and hard working to be able to learn the amount they need to teach him to become a good investment associate.
MAD MONEY, YOU SAY?! MAD SWAGGGG... BOO-YAH!!!!!!1
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