Let's take it for granted that transitioning from being anassociate to a hedge fund is enormously difficult. The odds are way against it, and I think we can all agree on that point.
The question is, if you're willing to put in the work necessary, how do you actually pull it off? Step 1 would seem to be (as it usually is) networking, but in IBD you don't really interact withclients at all, so is this just back to the drawing board of semi-cold reach outs like the undergrads do to get into IBD?
Step 2 would theoretically be building your knowledge base, but what does that entail? Everyone and their mother has probably read, Marks, etc..., so what else can you do to differentiate? banks prohibit individual stocks these days, so you can't exactly build a personal trading record.
And what do interviews at HFs typically look like anyway? Obviously it is way less standardized, but is the gist of it three pillars of fit, stock pitch, and prove your investment philosophy fits the fund?
Really curious to hear perspectives here, especially from anyone that has actually pulled this off.