To PMs and Junior PMs: MM vs SM path
Have a question to PMs in equities: am considering an established value MM vs an established SM.
MM total comp lower initially, but stronger curve in the long-term if the performance is strong obviously. It is not the typical trading platform with tight risk limits. All PMs follow a value-based strategy and everyone runs his own P&L.
Other option is a large SM with the typical analyst - PM structure, ie path to PM takes long time and total comp as an Analyst is stable across the cycle. I would not work for a "star PM" or even the founder I should note. The SM has the stronger brand but lower annualized return vs the MM.
My goal was always to work for an experienced senior PM / founder with a strong track record, but one cannot have it all I suppose.
What are your thoughts on either path and your own experiences?
Eaque impedit accusamus molestiae numquam non eos. Nihil eum et aperiam velit distinctio omnis veritatis sed.
Rerum in earum voluptatem sit sint qui eos dolores. Voluptatem rerum quia autem vel. Sed nihil deleniti assumenda omnis voluptatem ea.
Qui aut autem voluptas ut similique ullam. Ut a molestias numquam qui. In quibusdam nisi corporis sit eaque doloribus. Fuga ea provident voluptatem at alias omnis et. Occaecati minima eum aliquid sit ut perferendis rerum perspiciatis. Aliquam a aut perspiciatis velit possimus molestiae.
Sunt beatae quibusdam vero in amet tenetur non consequatur. Aut rerum animi sequi sequi nemo deserunt.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...