Hedge Fund Interview Course

  • 814 questions across 165 hedge funds. Crowdsourced from over 500,000 members.
  • 11 Detailed Sample Pitches and 10+ hours of video.
  • Trusted by over 1,000 aspiring hedge fund professionals just like you.

Comments (9)

Most Helpful
Sep 10, 2021 - 3:03pm

God - where do you even start? CNBC is basically a bunch of personalities, talking their book and at their worst a pseudo political talk show - with stock tips intermixed with bickering. Like I'd imagine the view would be if they took a five minute break to talk about their hot stock tips. It's somewhat entertaining - but garbage as a 'financial news' source. It's a caricature of itself. 

Bloomberg is better and I think they do a decent job of keeping it 'objective' (within reason that is ) giving you actual market news/commentary. Their guests tend to be far more boring, but generally more informative than CNBC. FT I find much the same way and I appreciate the more global perspective - that's normally what I'd pick up if given a selection. 

You want to know what's missing? Saying 'bond yields end down 10 basis points - 10 yr at X, 30 yr at Y' not 'BOND YIELDS CRASH TO NEAR GENERATIONAL LOWS ON FEARS OF CHINA SABER RATTLING AND COVID RESURGENCE AS THE FLIGHT TO SAFETY TRADE IS BACK ON' - when that is followed the next day by the absolute opposite headline. 

I'm staying away from a general rant on the whole news cycle and ecosystem, but suffice it to say there's far too much opinion and far too little actual perspective on what is happening. 

Sep 13, 2021 - 10:06am

Interesting observation. Certainly a lot of opinion can creep into the news. When sites try to do "analyses," in your viewpoint does that slip into opinion? Sometimes it seems there's a fine line between analyzing the impact of certain events (e.g. what's the knock-on effect of X, Y, and Z events beyond a "just the facts" article). 

Sep 10, 2021 - 8:35pm

I have found at my shop that PMs and the like will prefer to stick to rather niche (and very expensive) publications on their subject area - IE private debt people reading the aptly titled "Private debt investor" publication

Sep 13, 2021 - 10:04am

Interesting observation. Is there an importance to keep the broader public aware of what's going on in the "nichier" areas, like private debt? The biggest observation about that one seems to be story after story is "direct lenders are now taking on banks!" which has been the case for a while, IMO. What is your opinion of the trade ecosystem?

Learn More

300+ video lessons across 6 modeling courses taught by elite practitioners at the top investment banks and private equity funds -- Excel Modeling -- Financial Statement Modeling -- M&A Modeling -- LBO Modeling -- DCF and Valuation Modeling -- ALL INCLUDED + 2 Huge Bonuses.

Learn more
  • Analyst 2 in IB - Cov
Sep 12, 2021 - 10:45am

Following. Curious peoples thoughts on this and working on trying to optimize this myself. Personally, I think a lot of general financial news is garbage. I might read it on the weekend to know what's happening, but I don't follow it closely. A lot of it is backwards looking, widely known and noise IMO. Headlines are always something absolutely ridiculous like SP500 "threatening" a 0.3% decline, 30 year yield up "1 bp," or markets post largest decline in "8 days." Financial press essentially turns noise into news. Bloomberg is the best IMO, but can be dry (as financial news should be). Every once in awhile WSJ/BBG will post a well researched article that forces me to think about the implications to the names I cover or to do further research (ie guinea coup > aluminum price > beverage names > off premise channel packaging relies more aluminum cans > any implications or any names better positioned?). 

Usually I just watch the live company news on Bloomberg terminal for all my names and click on stuff that catches my eye. A lot of times the random news sources post some interesting stuff. 

Sep 12, 2021 - 6:24pm

Why does anyone here expect to learn something important (valuable) from some dumbass on TV? Beside breaking news, I mean. It's just talking heads blathering. Or money managers talking up their book.

Sep 14, 2021 - 2:27am

Error commodi voluptatem nam qui tempora ullam optio. Ut quo est laborum voluptatum.

Autem veritatis omnis nam harum. Tempore dolorum minus consequatur quia aut.

Accusantium officiis tempore qui magni soluta qui. Et quam itaque et. Et natus suscipit tenetur. Qui est aperiam nulla quasi temporibus qui doloremque. Earum et voluptatem dolores maiores. Quo et culpa iure dicta. Qui est aut dolores enim est neque magni.

Numquam facilis dolor beatae quas sint ut. Reprehenderit soluta dolorum iure quo suscipit cum debitis sequi.

Start Discussion

Total Avg Compensation

September 2021 Investment Banking

  • Director/MD (10) $853
  • Vice President (38) $367
  • Associates (218) $232
  • 2nd Year Analyst (130) $153
  • 3rd+ Year Analyst (30) $147
  • Intern/Summer Associate (102) $144
  • 1st Year Analyst (478) $135
  • Intern/Summer Analyst (375) $82