What is the typical hedge fund compensation for a 2nd year investment banking analyst?

By | Career Insights | No Comments

The fund’s location and AUM are big factors in determining your research analyst compensation. If you are staying in New York, you ou can expect a slight bump in total compensation in your first year to $165k, which is the median pay for research analysts with 2 years of experience. $200k would be the 75th percentile, and this should be the number to aim for if you can negotiate…

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How much of the hedge fund industry is luck vs. skill?

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I got this question from a reader, who pointed out that it’s It’s tough to outperform on a consistent basis through a full cycle. It’s easy to perform during bull market cycles, but very few seem to outperform through a bull and a bear cycle.

It makes you wonder how much luck vs. skill is involved in generating alpha. How much does doing fundamental work matter vs. just being lucky with market timing?

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Greatest Investors - the Definitive Video List

Inside the Minds of the Greatest Hedge Fund Investors – The Definitive Video List

By | Investment Process | One Comment

“Who are your favorite hedge fund investors?”

That’s the question I’ve gotten over and over again when I interviewed for buy side.  “Julian Robertson” was always the first response that popped up in my head, but that’s not the answer I wanted to give.  Not because it’s a boring answer, but I wanted to give an honest response.  I wanted to give this question some thought and pick an investor I agreed with the most in terms of investing philosophy and admired the most on a personal level…

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