Wish me luck...

Jack o'Clubs

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After many years of trying to get there, I've finally been given some money to run in a long/short equity, fundamentals based hedge fund, and start tomorrow. So wish me luck.... and a couple of thoughts that might be of interest to the wider T2W audience: with persistence, patience and broad-based experience you can get to the institutional side without a blue-blood background or stellar academics, and without a buyside track record as such to go on, they were genuinely interested in the 18 months I had out when I traded from home, both from a performance perspective but also that I had the balls to back myself. Ok, there was a bit more to it than that, and a bit of right-place-right-time luck, but still a positive message to sign off from T2W with... Bye, guys and thanks for the interesting stuff threaded between the lulz...
 
I seriously cannot fathom why anyone would go slave for others when they can make their own money. As an employee, you'd be restrained this way or that way, and have endless meetings that wastes your time and life.

I reckon you'll be back. See how long you can stay away for the corporate life after already having experienced the delight of doing things your own way. I think the ultimate in life is to be able to make good money from the comfort of your own place and tell employers to p*ss off.
 
I seriously cannot fathom why anyone would go slave for others when they can make their own money. As an employee, you'd be restrained this way or that way, and have endless meetings that wastes your time and life.

I reckon you'll be back. See how long you can stay away for the corporate life after already having experienced the delight of doing things your own way. I think the ultimate in life is to be able to make good money from the comfort of your own place and tell employers to p*ss off.

Thanks for the positive comments everyone.

BJ, good points and you may well be right. I've been taking the corporate shilling for a couple of years, so know more or less, the upsides and downsides. There is one massive benefit as far as I'm concerned: the intellectual stimulation of working with a very bright bunch of colleagues: yes I'll have meetings, but sitting for an hour with, say our chief economist to discuss the likely implications of policy easing in China is anything but waste of time. That makes up for any number of meetings with the back office or HR. I have the advantage of having already worked for the firm in another role for a couple of years so I can see that they go to some effort to protect portfolio managers from anything that is not essential.
 
Thanks for the positive comments everyone.

BJ, good points and you may well be right. I've been taking the corporate shilling for a couple of years, so know more or less, the upsides and downsides. There is one massive benefit as far as I'm concerned: the intellectual stimulation of working with a very bright bunch of colleagues: yes I'll have meetings, but sitting for an hour with, say our chief economist to discuss the likely implications of policy easing in China is anything but waste of time. That makes up for any number of meetings with the back office or HR. I have the advantage of having already worked for the firm in another role for a couple of years so I can see that they go to some effort to protect portfolio managers from anything that is not essential.

Could be 1 step back to make 2 forward.
Or as Mao didn't quite put it a great leap backwards.
 
if I make a massive trading error, could you hide it for me in your 8888888 account?
thanks. (y)

(Good luck with this venture. I think you will do well trading, and I suspect its the social and intellectual interaction that will benefit you most.
It can be a horrendously solitary business, this trading lark.)
 
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