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December 01, 2004
Hedge-Fund Manager vs Investment Bankers
rise of hedge funds [New York Mag]
“Investment bankers?” says one hedge-fund guy. “Their lives are
miserable.” He ticks off the shortcomings—he seems to have been
keeping track. The punishing hours, the endless pitching, and all
those dull, needy clients. What could be worse? Perhaps only a job at
a sleepy mutual fund, a plain vanilla, as the hedge-fund managers
sometimes call them.
By comparison, the hedge-fund manager’s life seems effortless.
Gloriously client-free and with reasonable hours. “I got into this
business,” says one hedge guy—is he stifling a yawn?—“so I could make
money while I sleep.”
Posted by omor at December 1, 2004 03:38 PM
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