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Wall Street Oasis

E187: How to Break into a Top Hedge Fund - The Analyst Speaks (Part 2 of 2)

Wall Street Oasis

Wall Street Oasis

Business

4.9534 Ratings

🗓️ 27 January 2022

⏱️ 36 minutes

🧾️ Download transcript

Summary

In this episode, we continue my talk with Propshead about his progression as an investor at a top hedge fund. Learn what is expected of you when you first start, how you can grow and listen to one of the trades that changed everything.

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.

0:22.0

Let's get to it.

0:25.3

In this episode, we continue my talk with PropShead about his progression as an investor at a

0:30.6

top hedge fund. Learn what is expected of you when you first start, how you can grow, and listen

0:35.2

to one of the trades that changed everything. Enjoy.

0:51.6

Tell me about like, do you feel like you were a natural, natural investor was equity,

0:55.2

a long short kind of a natural fit for you? Do you feel like people different you know so there's you know very famous short sellers that just have a natural

1:00.6

you know a tendency to like dig and look for just you know crap happening um in these firms so what's

1:08.2

what's what did you feel like for yourself and for other people?

1:11.5

You know, it's the funniest thing. I don't know if it's just being like a mild worrywart about things or just in consulting getting kind of dropped into all these different kinds of firms that had all these different kinds of problems.

1:26.5

But I really felt like I was seeing how things could go off the rails

1:29.3

operationally and how you wouldn't even see it show up as like a whole in numbers

1:34.3

for like a couple of months.

1:36.3

I was like, that's very interesting because that means you can see kind of things going wrong here

1:39.3

and then that's going to spell trouble down the line.

1:42.3

But by the way, the whole way to when you're walking the,

1:46.1

when whatever, management is walking the company off a cliff,

1:49.4

they're telling you how great everything is.

1:51.0

So they are never going to say, hey, you know,

...

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