How to make the job more social for yourself?

I know most (not all) HF jobs are solitary in nature and you spend many hours a day analyzing/reading/etc on your own, with the occasional conversation with a colleague or the weekly team meeting. But by and large, the job is less social or interactive than other finance jobs.

For those of us who like investing but at the same time want to get our necessary dose of interaction and social engagement every day through our jobs (since are probably working till 7-8pm and likely won't have the time/energy to go out and socialize with friends after work), what tactics or ideas have you potentially used to make things work?

 

Probably only applicable at the analyst level. I like to do a lot of calls (not annoying incoming calls from sales guys). Gives me a chance to speak to someone versus grinding through written research all the time. It’s also more active and I’m less likely to be unproductively staring at shit for awhile. Now that conferences and lunches are coming back, there’s that too. Other than that, there’s the usual cliché stuff people say about maintaining your network with other investors over coffees. It’s a lonely job on average though.

 

Thanks, I like the idea of calls. Can you specify more on what kind of people you speak to, and how you connect with them if you have no prior relationship? I find speaking to sell-side or IR annoying, but is it normalized in the industry to speak very regularly (a couple times a week with folks at other funds) about ideas or whatever? Or if say you want to learn about a new industry and wants to speak live to some people in the industry, how do you make them want to talk to you if it's not through an expert network?

 

Trick I learned when I was on the sell side that is fun and useful to your career. Just call people.

Haven't talked to the IR of a certain company in a while? Give him a call. Ask him what he thinks of acquisition XYZ. Call a random sell sider. Get their thoughts on something. Shoot the breeze. Schedule a lunch with someone who works in the industry. Pick their brain on topics, make friends also, and have fun.

 

Praesentium autem ea eum corporis repudiandae quia sunt. Dolores libero omnis aut repudiandae perspiciatis neque doloribus. Incidunt eveniet rerum nihil quam eaque earum accusantium.

Velit nihil corrupti labore corporis perferendis reiciendis. Alias cupiditate odit repellendus. Ratione ipsam enim temporibus sed ratione. Ad explicabo tempora quia ad eveniet est a.

Est laborum odio at ea officia maxime. Facere cum et sapiente error explicabo aperiam.

Sit et in dolorem tempora maxime amet. Et quo et quidem eos. Amet est quod officiis quo dignissimos debitis. Voluptas id accusamus iure dolorum veniam ab quidem. Voluptatum debitis ipsa facilis in veritatis. Quidem quaerat quae eos fuga.

Career Advancement Opportunities

April 2024 Hedge Fund

  • Point72 98.9%
  • D.E. Shaw 97.9%
  • Citadel Investment Group 96.8%
  • Magnetar Capital 95.8%
  • AQR Capital Management 94.7%

Overall Employee Satisfaction

April 2024 Hedge Fund

  • Magnetar Capital 98.9%
  • D.E. Shaw 97.8%
  • Blackstone Group 96.8%
  • Two Sigma Investments 95.7%
  • Citadel Investment Group 94.6%

Professional Growth Opportunities

April 2024 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 97.9%
  • D.E. Shaw 96.9%
  • Magnetar Capital 95.8%
  • Citadel Investment Group 94.8%

Total Avg Compensation

April 2024 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (23) $474
  • Director/MD (12) $423
  • NA (6) $322
  • 3rd+ Year Associate (24) $287
  • Manager (4) $282
  • Engineer/Quant (71) $274
  • 2nd Year Associate (30) $251
  • 1st Year Associate (73) $190
  • Analysts (225) $179
  • Intern/Summer Associate (22) $131
  • Junior Trader (5) $102
  • Intern/Summer Analyst (250) $85
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
Betsy Massar's picture
Betsy Massar
99.0
5
CompBanker's picture
CompBanker
98.9
6
GameTheory's picture
GameTheory
98.9
7
kanon's picture
kanon
98.9
8
dosk17's picture
dosk17
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
DrApeman's picture
DrApeman
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”