Yet, there's a youtube video.... The Conspiracy must be omnipotent and incompetent at the same time.
I disagree with this. I'd argue that there are some long-run alpha that can be captured and have large capacities. They exist because of economic...
I'm sorry but what does this have to do with getting a feel for the business. 99% of the business, the front-office part of it, even the trading...
How about get an education in a friend that will allow you to earn money - and become the master of that field.
I've seen too many traders and firms that went through the "eh, I got $xxxxMM in AUM, my clients love me, and my alpha is real; I'm happy keeping...
The industry has a buy side and a sell side; ET has those who see through Jack Hershey in about 2 seconds flat, and those who don't
ET's Jack Hershey at least has the decency of admitting in the previous page that he's not the John Hershey of wharton's faculty (who, as you can...
I'm not sure managing you own net worth and the money of trusted and cherished friends and family for your own financial survival is low stress....
In case anyone hasn't caught on, this is complete, incoherent, nonsense. It's just nouns strung together with bits of random verbs. What video?
It really doesn't work like that. Investors and institutions do not track you down; It's the other way around - you have to track them down....
I'm pretty sure you don't care for my advice; That's fine - I probably wouldn't either if I were in your shoes. Just one thing though, be...
Are you claiming you are John Hershey? The Anheuser-Busch Professor of Management Science? Now, I happen to have spent some time at wharton....
By ET logic, shouldn't banks be raking it in because of HFT/QE/unicorn-power?
What happened to that JPM thread that was in the career section? There were content on the pay practices in the industry I wanted to quote for...
... at a good (or at least well connected school). It may sound elitest, but the reality is that a MBA from iowa state will do you little good...
Oh okay. Absolutely agree. "Trader" is in fact not really a role, but a collection of roles and sometime just historic legacies.
We can throw in asset managers, insurance pools, pensions/consultants, central bank/sovereign wealth funds - that about covers it?
Correct.
This is not true outside of equities. Most flow desks at banks, for example, do not auto trade when the sizes are above a certain threshold. Nor...
Forget everything else. Work on getting this done. If you transfer to stanford, then the game changes. You'll be part of the banks/funds...
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