Wednesday, July 8, 2009

Pssst! Wanna get into the hedge fund business?

Now prepare yourself. You are more than often, going to start out as a hedge fund analyst. There are many paths to become a hedge fund analyst. Let me just list some of the previous professions that friends of mine have engaged in before become a hedge fund analyst:

1. Leverage finance analyst / associate / vp ... particular favorite among my distressed debt investing friends.
2. Sell side publishing or desk analyst
3. Generalist investment banking analyst / associate / vp / director...I actually have never met an MD that made the jump
4. Newspaper / Magazine journalist (two of them to be exact)
5. Medical Doctor (Michael Burry, one of my "heroes" for lack of a better term, finished med school before starting out on his own with Scion Capital...Google that one will ya!)
6. A friend came from an actuarial job and is CRUSHING it
7. Lawyer (all sorts of types)
8. Broker salesman (Dan Loeb used to work for Jefferies as a salesman)
9. Architect
10. Military (actually quite a few)
11. Many people from bank credit analyst jobs
12. One or two accountants

http://www.howtogetahedgefundjob.com/2009/07/hedge-fund-careers.html

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