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Wall Street Oasis

E157: Point72's Head of Investment Professional Development Shares Her Path - Jaimi Goodfriend

Wall Street Oasis

Wall Street Oasis

Business

4.9534 Ratings

🗓️ 8 April 2021

⏱️ 66 minutes

🧾️ Download transcript

Summary

In this episode, Jaimi Goodfriend, Head of Point72's Investment Professional Development and director of the Point72 Academy shares her winding path through Wall Street. From starting in M&A when she graduated from Michigan in 1997 to her jump to equity research a few years later, we learn the main reason she decided to pursue a career in finance and how she eventually ended up as a hedge fund analyst working for some of the most successful funds in the world including Balyasny and Citadel. Find out why after 3 years on the buyside she decided to take a massive pay cut and give it all up to become a professor at the University of Illinois and what drew her to Point72. Finally, in the last part of the pod, we discuss the Point72 Academy, what they look for in undergraduate hires and young professionals, the future of the industry as well as the odds of actually breaking in. Key links: Point72 Academy (https://academy.point72.com/​)

Transcript

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0:00.0

Hello and welcome.

0:07.7

I'm Patrick Curtis, your host and Chief Monkey, and this is the Wall Street Oasis podcast.

0:13.8

Join me as I talk to some of the community's most successful and inspirational members

0:17.7

to gain valuable insight into different career paths and life in general.

0:21.9

Let's get to it.

0:25.3

In this episode, Jamie Goodfriend, head of Point 72's Investment Professional Development and

0:31.2

Director of the Point 72 Academy, shares her winding path through Wall Street.

0:36.1

From starting in M&A when she graduated from Michigan in

0:38.7

1997, to her jump to equity research a few years later, we learned the main reason she decided

0:44.4

to pursue a career in finance and how she eventually ended up as a hedge fund analyst working

0:48.9

for some of the most successful funds in the world, including Ballyaisney and Citadel.

0:53.9

Find out why, after three years on the by-side, she decidedallyaisni and Citadel. Find out why after three years in the

0:55.5

byside, she decided to take a massive pay cut and give it all up to become a professor at the

1:00.5

University of Illinois, and what drew her to 0.72. Finally, in the last part of the pod, we discussed

1:05.4

the Point 72 Academy, what they look for in undergraduate hires and young professionals,

1:09.8

the future of the industry,

1:14.5

as well as the odds of actually breaking in. Enjoy.

1:25.3

All right, Jamie, thanks so much for joining the Wall Street Oasis podcast.

1:28.5

Thanks for having me. Happy to be here.

1:31.5

It would be great if you could just get the listeners a short summary of your bio.

1:38.8

Sure. I graduated from university, I guess at this point, kind of a long time ago,

1:44.1

and started my career in investment banking and merges and acquisitions and moved to the sell side research a couple years later. And then I kind of found over time I was looking to

...

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