| Topic Name: |
Hedge Fund-Dot coms of the 21st Century |
| Message Name: |
Buy/Sell |
| Date Posted: |
02/07/2002 |
| In Reply To: |
On the buyside, you can get very isolated from the market, especially if you're not working out of NYC or Boston. You're working at the only firm in town, nobody you know has any understanding of what you do, you go into the office and spend your day reading SEC filings.........
Yeah, definitely, IB has many upsides. One of which is it exposes you to the biz FAST and trains you hard and quick. You go a lot slower if you start out on the buyside. It took me a long time to learn things (there just wasn't the pressure or even the people in my firm who knew anything). |
| Message: |
I'm not trying to sound like a jerk here but I am a sell-side trader in boston and most of us think that the buy-side guys are rich dopes from Harvard that sit in their offices talking about where to vacation. I would think the hedge fund guys feel the same way. On the other hand though, I would love to sit in my office and talk about where to vacation while making a ton of dough - and if I was, I'd be calling the sell side guys arrogant pricks. Just sayin. Also, I have trouble believing that most of the people here have real jobs so for the record I used to check this board in college and since the sell side is so damn slow now it sucks we have idle time to go and bull$#@! here.
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