HF target students are dicks
As background, I did my undergrad at a non-target and recently started my grad at a strong target school. I have a few strong internships below my belt (consulting, IB & PE) and I am now trying to move to the HF world after I am done with my studies.
In my undergrad I joined a finance society and without exaggerating it was life-changing. I met great people from very humble backgrounds who now, as time passed, have made impressive careers in finance. To this day I am in strong contact with many of them because 1) I genuinely like them 2) as they are also a good network for the future.
For this reason I have also started to get involved with finance socs at my grad school and I honestly have to say most people there suck. Especially those who want to go straight to buy-side. Don’t get me wrong I want to do that too (also holding an offer to join PE directly) but I am surprised how full these people are of themselves.
This honestly makes me question the junior scene at HFs. Most of the seniors who I met or who mentor me are extremely humble and nice so I am confused to why this is the case.
Is the (upcoming) junior HF scene really that bad or was I just unlucky in who I met so far?
The market will humble them, don't worry. They exist in LO too, who couldn't shut up about how many times they have been to Omaha.
In my experience there are somewhat less arrogant/jerk people in HF vs PE/IB. Your sample size is people who WANT to do HF, not people who actually are. After a couple years, 1) the market is pretty quick to punish arrogance and those people mellow out or leave 2) very quickly the dick measuring about schools give ways to dick measuring about pnl. Pick a good team, do well and you’ll enjoy the colleagues I think
Thanks for that. You are right the sample size is kids who want to do HF in the future.
Is the PnL dick measuring much better tho?
It is more meritocratic than using target/nontarget schools.
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